Nzd/Chf

A TOP was the last signal formed by the zigzag indicator on the NZDCHF for the last day at price 0.7859 then thinking about selling is the best descision as long as the price did not make a close above 0.7859 .
Currently the price is located at the bottom level of boolinger bands and then we can consider the lower level of boolinger as a good place to claim selling profits .
By the way RSI is showing a selling signal by located at 70 th level while the stostatic is located at 20 th level showqing a value of 34 which is a signal for going north .
http://img849.imageshack.us/img849/713/8kbo.jpg

AS you can see on the NZDCHF pair there are a bullish intersection between EMA 9 and EMA 152 which can be a good signal for a starting of bullish trend.
About the Histogram indicator there are a buy signal shown on it by getting the Green line which is come above the 0 level of Histogram.
Now checking the market emotions indicator can indicate a bearish signal by showing the red color which mean that the price have a negative emotions at this moment.
The line of Guru Angel indicator is clearly moving above the level 0 to show a Green line which can be considered as a support for the bullish direction.
Going north is my favorite guess for the current day to reach the next resistance above the price which can be found at 0.7912 then according to that buy orders is now recommended over selling as long as there is no opposite signals is shown .
http://img840.imageshack.us/img840/2316/hpeu.png

The blue line of the golden tendency string indicator proves that a bullish trend is going to take place on our chart the NZDCHF , also there is another downward direction signal appears which is indicated by the golden finger indicator as a orange dot at the top of golden super k indicator’s candle which is blue
While on the other hand according to the MACD indicator a bearish trend would be taking place since the signal provided by the MACD is a sell cross under the 0 level which is a good sell signal.
The 2up signals shown by the golden varitey indicator shows which means a bullish signal and thus a strong upward trend
As for the take profit I think the resistance located at the position 0.789 would be the best position as it’s the strongest resistance near the price.
http://img822.imageshack.us/img822/5530/eeyw.png

About the NZDCHF you can see a sell signal apears above the price which you can recognise it via Yellow and orange point .
Also the price heads towards the resistance of TMA channel indicator which you see it as the Red line which is a good bearish signal .
And on the timing indicator located below the chart there is a sell signal due to the RED line and it is located near the level of 50 .
By the previous givens selling is the part that I will choose targeting the support level of TMA indicator colored by green as soon as I can get a confirmation from timing indicator .
http://img840.imageshack.us/img840/9852/1ceb.jpg

http://prntscr.com/40hnqj
analysis for today 7 / 10 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDCHF on the date 7 / 9 / 2014
OPEN 0.7842
HIGH 0.7865
LOW 0.7838
CLOSED 0.7856

The third resistance (R3) 0.7865 -( 0.7853 - 0.7838 = 0.0015 x 2 = 0.0030 )= 0.7895
The second Resistance (R2) 0.7853 + 0.7865 - 0.7838 = 0.7880
First resistance (R1) 0.7853 x 2 = 1.5706 - 0.7838 = 0.7868
pivot points 0.7865 + 0.7838 + 0.7856 = 2.3559 / 3 = 0.7853
Support for the first (S1) 0.7853 x 2 = 1.5706 - 0.7865 = 0.7841
Support second (S2) 0.7853 -( 0.7865 - 0.7838 = 0.0027 ) = 0.7826
Third Support (S3) 0.7838 -( 0.7865 - 0.7853 = 0.0012 x 2 = 0.0024 )= 0.7814

http://prntscr.com/419mb0
analysis for today 7 / 10 / 2014
NZD/CHF (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 0.7855
Retracement (50%) 0.7852
retracement (61,8%) 0.7848

Extensions (61.8%) 0.7882
Extensions (100.0%) 0.7892
Extensions (138.2%) 0.7902
Extensions (161.8%) 0.7909
calculation based on a Fibonacci retracement then today I choose buy

downtrend will resume back after it reach the trendline.....just watch for a revesal candlestik t the sell again and the projection will be below the support line within 6600 area ;)

http://prntscr.com/41jtt1
analysis for today 7 / 11 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDCHF on the date 7 / 10 / 2014
OPEN 0.7857
HIGH 0.7874
LOW 0.7837
CLOSED 0.7867

The third resistance (R3) 0.7874 -( 0.7859 - 0.7837 = 0.0022 x 2 = 0.0045 )= 0.7919
The second Resistance (R2) 0.7859 + 0.7874 - 0.7837 = 0.7896
First resistance (R1) 0.7859 x 2 = 1.5719 - 0.7837 = 0.7882
pivot points 0.7874 + 0.7837 + 0.7867 = 2.3578 / 3 = 0.7859
Support for the first (S1) 0.7859 x 2 = 1.5719 - 0.7874 = 0.7845
Support second (S2) 0.7859 -( 0.7874 - 0.7837 = 0.0037 ) = 0.7822
Third Support (S3) 0.7837 -( 0.7874 - 0.7859 = 0.0015 x 2 = 0.0029 )= 0.7808

http://prntscr.com/41mmt6
analysis for today 7 / 11 / 2014
NZD/CHF (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.7851
Retracement (50%) 0.7856
retracement (61,8%) 0.7860

Extensions (61.8%) 0.7814
Extensions (100.0%) 0.7800
Extensions (138.2%) 0.7786
Extensions (161.8%) 0.7777
calculation based on a Fibonacci retracement then today I choose sell

I think that the price will go to 0.7869 that's why I recommend only to get in long positions.
http://i.imgur.com/aYU344X.png