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http://prntscr.com/4829p7
analysis for today 7 / 31 / 2014
NZD/CHF (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 0.7712
Retracement (50%) 0.7709
retracement (61,8%) 0.7706
Extensions (61.8%) 0.7740
Extensions (100.0%) 0.7751
Extensions (138.2%) 0.7762
Extensions (161.8%) 0.7768
calculation based on a Fibonacci retracement then today I choose buy
There is a pennant pattern and this pattern happen after a strong mouvement. Since it is continuation pattern, we should wait until the price break the lower trendline and get in short positions with take profit at 0.76.
http://i.imgur.com/RWtIKxd.png
pair- nzd/chf
chart analysis time frame- m15
http://i58.tinypic.com/2m4rrzr.jpg
the price is moving up side from the daily support level two at 0.7676 to the pivot point 0.7717. the moving average 50 is also break but its making doji pattern that may be signal for down movement. short with the take profit at 0.7680 and stop loss at the 0.7750
good luck
The NZDCHF now is on a bullish direction according to Henkin Ashi candles color which is red at this moment in associated with up arrow to indicate up trend When trying to analyze Snake vs T3-Clean you can see a buy signal due to intersection happens And to make sure you can take a look on the trend session indicator and you can see the blue bar to confirm a buy signal for current period Another important thing that you need to keep in mind is the resistance located at 0.7748 which may get the price reversed to down levels if it fails to break it http://imagizer.imageshack.com/img909/1503/I6DT06.png
pair- nzd/chf
chart analysis time frame- m15
http://i61.tinypic.com/72ruxt.jpg
up trend channel pattern has been break at the 0.7700 level but not able to move below the 0.7690 and again up side. parabolic sar is also giving up movement signal. the price may again to the resistance side at 0.7730 level. long with take profit and stop loss at 0.7690
good luck
http://prntscr.com/49pin9
analysis for today 8 / 5 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDCHF on the date 8 / 4 / 2014
OPEN 0.7699
HIGH 0.7729
LOW 0.7696
CLOSED 0.7724
The third resistance (R3) 0.7729 -( 0.7716 - 0.7696 = 0.0020 x 2 = 0.0041 )= 0.7770
The second Resistance (R2) 0.7716 + 0.7729 - 0.7696 = 0.7749
First resistance (R1) 0.7716 x 2 = 1.5433 - 0.7696 = 0.7737
pivot points 0.7729 + 0.7696 + 0.7724 = 2.3149 / 3 = 0.7716
Support for the first (S1) 0.7716 x 2 = 1.5433 - 0.7729 = 0.7704
Support second (S2) 0.7716 -( 0.7729 - 0.7696 = 0.0033 ) = 0.7683
Third Support (S3) 0.7696 -( 0.7729 - 0.7716 = 0.0013 x 2 = 0.0025 )= 0.7671
http://prntscr.com/49su8h
analysis for today 8 / 5 / 2014
NZD/CHF (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.7709
Retracement (50%) 0.7713
retracement (61,8%) 0.7716
Extensions (61.8%) 0.7676
Extensions (100.0%) 0.7663
Extensions (138.2%) 0.7650
Extensions (161.8%) 0.7643
calculation based on a Fibonacci retracement then today I choose sell
http://prntscr.com/4a01fb
analysis for today 8 / 6 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDCHF on the date 8 / 5 / 2014
OPEN 0.7723
HIGH 0.7749
LOW 0.7689
CLOSED 0.7693
The third resistance (R3) 0.7749 -( 0.7710 - 0.7689 = 0.0021 x 2 = 0.0043 )= 0.7792
The second Resistance (R2) 0.7710 + 0.7749 - 0.7689 = 0.7770
First resistance (R1) 0.7710 x 2 = 1.5421 - 0.7689 = 0.7732
pivot points 0.7749 + 0.7689 + 0.7693 = 2.3131 / 3 = 0.7710
Support for the first (S1) 0.7710 x 2 = 1.5421 - 0.7749 = 0.7672
Support second (S2) 0.7710 -( 0.7749 - 0.7689 = 0.0060 ) = 0.7650
Third Support (S3) 0.7689 -( 0.7749 - 0.7710 = 0.0039 x 2 = 0.0077 )= 0.7612
pair- nzd/chf
chart analysis time frame- m15
http://i62.tinypic.com/2uos3v7.jpg
the price is moving up side from the support at 0.7660 level and break the resistance of the moving average 50 at 0.7672 level. the price is also having up trend signal with parabolic sar indicator. this movement can expected to the pivot point at 0.7710 level. long with the stop loss at 0.7650
good luck
http://prntscr.com/4a4fg5
analysis for today 8 / 6 / 2014
NZD/CHF (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.7712
Retracement (50%) 0.7719
retracement (61,8%) 0.7726
Extensions (61.8%) 0.7652
Extensions (100.0%) 0.7629
Extensions (138.2%) 0.7606
Extensions (161.8%) 0.7592
calculation based on a Fibonacci retracement then today I choose sell