Printable View
pair- nzd/chf
chart analysis time frame- m15
http://i59.tinypic.com/196lps.jpg
the price is not able to break the fibo resistance level at the 0.7700 and rejecting from the pivot point. the parabolic sar is also giving us short signal. the rsi is also moving to the oversold level 30 so sell with the take profit at 0.7625 and the stop loss at 0.7720
good luck.
analysis for today 5 / 19 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDCHF on the date 5 / 16 / 2014
OPEN 0.7695
HIGH 0.7705
LOW 0.7673
CLOSED 0.7697
The third resistance (R3) 0.7705 -( 0.7692 - 0.7673 = 0.0019 x 2 = 0.0037 )= 0.7742
The second Resistance (R2) 0.7692 + 0.7705 - 0.7673 = 0.7724
First resistance (R1) 0.7692 x 2 = 1.5383 - 0.7673 = 0.7710
pivot points 0.7705 + 0.7673 + 0.7697 = 2.3075 / 3 = 0.7692
Support for the first (S1) 0.7692 x 2 = 1.5383 - 0.7705 = 0.7678
Support second (S2) 0.7692 -( 0.7705 - 0.7673 = 0.0032 ) = 0.7660
Third Support (S3) 0.7673 -( 0.7705 - 0.7692 = 0.0013 x 2 = 0.0027 )= 0.7646
analysis for today 5 / 19 / 2014
NZD/JPY (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 87.60
Retracement (50%) 87.64
retracement (61,8%) 87.68
Extensions (61.8%) 87.22
Extensions (100.0%) 87.07
Extensions (138.2%) 86.92
Extensions (161.8%) 86.84
calculation based on a Fibonacci retracement then today I choose sell
analysis for today 5 / 20 / 2014
NZD/CHF
Resistance : R1 0.7760 R2 0.7785 R3 0.7805 R4 0.7835
Support : S1 0.7636 S2 0.7611 S3 0.7591 S4 0.7561
Open : 0.7703
High : 0.7711
Low : 0.7685
Running Price : 0.7694
Strategy : SELL at the level 0.7694 stop loss at the level 0.7760 target take profit at the level 0.7591 or at the level 0.7561
analysis for today 5 / 20 / 2014
NZD/CHF
Resistance 3 0.7815
Resistance 2 0.7785
Resistance 1 0.7765
Pivot Point 0.7703
Support 1 0.7631
Support 2 0.7611
Support 3 0.7581
BUY STOP 0.7765 STOP LOSS 0.7631 TAKE PROFIT 0.7785
SELL STOP 0.7631 STOP LOSS 0.7765 TAKE PROFIT 0.7611
pair- nzd/chf
chart analysis time frame- m15
http://i60.tinypic.com/5ysrph.jpg
the parabolic sar is giving us down movement signal but in the price chart its break the strong support and moving below the daily support at 0.7654 level. the rsi is moving up side so up movement can expected with breaking resistance trend line. long with the take profit at 0.7670 and stop loss at the 0.7620
good luck.
analysis for today 5 / 21 / 2014
NZD/CHF
Resistance : R1 0.7694 R2 0.7719 R3 0.7739 R4 0.7769
Support : S1 0.7568 S2 0.7543 S3 0.7523 S4 0.7493
Open : 0.7642
High : 0.7643
Low : 0.7619
Range : 24 Pips
Running Price : 0.7623
Strategy : SELL at the level 0.7623 stop loss at the level 0.7694 target take profit at the level 0.7523 or at the level 0.7493
analysis for today 5 / 21 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDCHF on the date 5 / 20 / 2014
OPEN 0.7694
HIGH 0.7699
LOW 0.7634
CLOSED 0.7643
The third resistance (R3) 0.7699 -( 0.7659 - 0.7634 = 0.0025 x 2 = 0.0049 )= 0.7748
The second Resistance (R2) 0.7659 + 0.7699 - 0.7634 = 0.7724
First resistance (R1) 0.7659 x 2 = 1.5317 - 0.7634 = 0.7683
pivot points 0.7699 + 0.7634 + 0.7643 = 2.2976 / 3 = 0.7659
Support for the first (S1) 0.7659 x 2 = 1.5317 - 0.7699 = 0.7618
Support second (S2) 0.7659 -( 0.7699 - 0.7634 = 0.0065 ) = 0.7594
Third Support (S3) 0.7634 -( 0.7699 - 0.7659 = 0.0040 x 2 = 0.0081 )= 0.7553
analysis for today 5 / 21 / 2014
NZD/CHF (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.7659
Retracement (50%) 0.7667
retracement (61,8%) 0.7674
Extensions (61.8%) 0.7594
Extensions (100.0%) 0.7569
Extensions (138.2%) 0.7544
Extensions (161.8%) 0.7529
calculation based on a Fibonacci retracement then today I choose sell
trend can continue to down.
sell the NZDCHF pair again if price continue to bellow 0.7630. several candle ago support this down.