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analysis for today 5 / 22 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDCHF on the date 5 / 21 / 2014
OPEN 0.7642
HIGH 0.7658
LOW 0.7619
CLOSED 0.7656
The third resistance (R3) 0.7658 -( 0.7644 - 0.7619 = 0.0025 x 2 = 0.0051 )= 0.7709
The second Resistance (R2) 0.7644 + 0.7658 - 0.7619 = 0.7683
First resistance (R1) 0.7644 x 2 = 1.5289 - 0.7619 = 0.7670
pivot points 0.7658 + 0.7619 + 0.7656 = 2.2933 / 3 = 0.7644
Support for the first (S1) 0.7644 x 2 = 1.5289 - 0.7658 = 0.7631
Support second (S2) 0.7644 -( 0.7658 - 0.7619 = 0.0039 ) = 0.7605
Third Support (S3) 0.7619 -( 0.7658 - 0.7644 = 0.0014 x 2 = 0.0027 )= 0.7592
---------- Post added at 01:47 PM ---------- Previous post was at 01:47 PM ----------
analysis for today 5 / 22 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDCHF on the date 5 / 21 / 2014
OPEN 0.7642
HIGH 0.7658
LOW 0.7619
CLOSED 0.7656
The third resistance (R3) 0.7658 -( 0.7644 - 0.7619 = 0.0025 x 2 = 0.0051 )= 0.7709
The second Resistance (R2) 0.7644 + 0.7658 - 0.7619 = 0.7683
First resistance (R1) 0.7644 x 2 = 1.5289 - 0.7619 = 0.7670
pivot points 0.7658 + 0.7619 + 0.7656 = 2.2933 / 3 = 0.7644
Support for the first (S1) 0.7644 x 2 = 1.5289 - 0.7658 = 0.7631
Support second (S2) 0.7644 -( 0.7658 - 0.7619 = 0.0039 ) = 0.7605
Third Support (S3) 0.7619 -( 0.7658 - 0.7644 = 0.0014 x 2 = 0.0027 )= 0.7592
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analysis for today 5 / 22 / 2014
NZD/CHF (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.7634
Retracement (50%) 0.7639
retracement (61,8%) 0.7643
Extensions (61.8%) 0.7595
Extensions (100.0%) 0.7580
Extensions (138.2%) 0.7565
Extensions (161.8%) 0.7556
calculation based on a Fibonacci retracement then today I choose sell
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The third resistance (R3) 0.7658 -( 0.7644 - 0.7619 = 0.0025 x 2 = 0.0051 )= 0.7709
The second Resistance (R2) 0.7644 + 0.7658 - 0.7619 = 0.7683
First resistance (R1) 0.7644 x 2 = 1.5289 - 0.7619 = 0.7670
pivot points 0.7658 + 0.7619 + 0.7656 = 2.2933 / 3 = 0.7644
Support for the first (S1) 0.7644 x 2 = 1.5289 - 0.7658 = 0.7631
Support second (S2) 0.7644 -( 0.7658 - 0.7619 = 0.0039 ) = 0.7605
Third Support (S3) 0.7619 -( 0.7658 - 0.7644 = 0.0014 x 2 = 0.0027 )= 0.7592
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analysis for today 5 / 23 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDCHF on the date 5 / 22 / 2014
OPEN 0.7655
HIGH 0.7675
LOW 0.7634
CLOSED 0.7654
The third resistance (R3) 0.7675 -( 0.7654 - 0.7634 = 0.0020 x 2 = 0.0041 )= 0.7716
The second Resistance (R2) 0.7654 + 0.7675 - 0.7634 = 0.7695
First resistance (R1) 0.7654 x 2 = 1.5309 - 0.7634 = 0.7675
pivot points 0.7675 + 0.7634 + 0.7654 = 2.2963 / 3 = 0.7654
Support for the first (S1) 0.7654 x 2 = 1.5309 - 0.7675 = 0.7634
Support second (S2) 0.7654 -( 0.7675 - 0.7634 = 0.0041 ) = 0.7613
Third Support (S3) 0.7634 -( 0.7675 - 0.7654 = 0.0021 x 2 = 0.0041 )= 0.7593
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analysis for today 5 / 23 / 2014
NZD/CHF (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.7650
Retracement (50%) 0.7655
retracement (61,8%) 0.7659
Extensions (61.8%) 0.7609
Extensions (100.0%) 0.7593
Extensions (138.2%) 0.7577
Extensions (161.8%) 0.7568
calculation based on a Fibonacci retracement then today I choose sell
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analysis for today 5 / 26 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDCHF on the date 5 / 23 / 2014
OPEN 0.7653
HIGH 0.7669
LOW 0.7638
CLOSED 0.7653
The third resistance (R3) 0.7669 -( 0.7653 - 0.7638 = 0.0015 x 2 = 0.0031 )= 0.7700
The second Resistance (R2) 0.7653 + 0.7669 - 0.7638 = 0.7684
First resistance (R1) 0.7653 x 2 = 1.5307 - 0.7638 = 0.7669
pivot points 0.7669 + 0.7638 + 0.7653 = 2.2960 / 3 = 0.7653
Support for the first (S1) 0.7653 x 2 = 1.5307 - 0.7669 = 0.7638
Support second (S2) 0.7653 -( 0.7669 - 0.7638 = 0.0031 ) = 0.7622
Third Support (S3) 0.7638 -( 0.7669 - 0.7653 = 0.0016 x 2 = 0.0031 )= 0.7607
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pair- nzd/chf
chart analysis time frame- m15
http://i59.tinypic.com/28u6137.jpg
the price is having the up trend signal with the parabolic sar but its moving is also in the down side channel pattern as see in the image. now the price at the resistance trend line at the 0.7650 and down movement to the support 0.7637 can expected. short with the stop loss at 0.7660
good luck.
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http://prntscr.com/3mylef
analysis for today 5 / 27 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDCHF on the date 5 / 26 / 2014
OPEN 0.7655
HIGH 0.7655
LOW 0.7636
CLOSED 0.7643
The third resistance (R3) 0.7655 -( 0.7645 - 0.7636 = 0.0009 x 2 = 0.0017 )= 0.7672
The second Resistance (R2) 0.7645 + 0.7655 - 0.7636 = 0.7664
First resistance (R1) 0.7645 x 2 = 1.5289 - 0.7636 = 0.7653
pivot points 0.7655 + 0.7636 + 0.7643 = 2.2934 / 3 = 0.7645
Support for the first (S1) 0.7645 x 2 = 1.5289 - 0.7655 = 0.7634
Support second (S2) 0.7645 -( 0.7655 - 0.7636 = 0.0019 ) = 0.7626
Third Support (S3) 0.7636 -( 0.7655 - 0.7645 = 0.0010 x 2 = 0.0021 )= 0.7615
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http://prntscr.com/3nm27a
analysis for today 5 / 29 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDCHF on the date 5 / 28 / 2014
OPEN 0.7672
HIGH 0.7679
LOW 0.7603
CLOSED 0.7627
The third resistance (R3) 0.7679 -( 0.7636 - 0.7603 = 0.0033 x 2 = 0.0067 )= 0.7746
The second Resistance (R2) 0.7636 + 0.7679 - 0.7603 = 0.7712
First resistance (R1) 0.7636 x 2 = 1.5273 - 0.7603 = 0.7670
pivot points 0.7679 + 0.7603 + 0.7627 = 2.2909 / 3 = 0.7636
Support for the first (S1) 0.7636 x 2 = 1.5273 - 0.7679 = 0.7594
Support second (S2) 0.7636 -( 0.7679 - 0.7603 = 0.0076 ) = 0.7560
Third Support (S3) 0.7603 -( 0.7679 - 0.7636 = 0.0043 x 2 = 0.0085 )= 0.7518
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pair- nzd/chf
chart analysis time frame- m15
http://i61.tinypic.com/30u7eyd.jpg
the up movement of the price is not able to break the resistance at 0.7635 level and falling down side. if the price is break 0.7600 level then its down movement can expected but this is again moving up. we can make long entry with stop loss at 0.7580 and profit target at 0.7625
good luck.
