Nzd/Chf

On the NZDCHF chart for today the price appears to move in downward trend as a red dots appear above the bars and as the price still lower than the strong resistance of 0.7653 which is also the weekly pivot point and it is likely for the price to keep going south unless it hit the weekly pivot support at 0.7487 On the other hand if the price breaks the 0.7653 resistance and also get a bullish signals by a blue colored dots it is expected to keep going north till the 0.7728 resistance as the next weekly pivot level.
http://bigimage.cz/photos/20141120141644817805252.gif .

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analysis for today 11 / 20 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDCHF on the date 11 / 19 / 2014
OPEN 0.7588
HIGH 0.7592
LOW 0.7507
CLOSED 0.7510

The third resistance (R3) 0.7592 -( 0.7536 - 0.7507 = 0.0029 x 2 = 0.0059 )= 0.7651
The second Resistance (R2) 0.7536 + 0.7592 - 0.7507 = 0.7621
First resistance (R1) 0.7536 x 2 = 1.5073 - 0.7507 = 0.7566
pivot points 0.7592 + 0.7507 + 0.7510 = 2.2609 / 3 = 0.7536
Support for the first (S1) 0.7536 x 2 = 1.5073 - 0.7592 = 0.7481
Support second (S2) 0.7536 -( 0.7592 - 0.7507 = 0.0085 ) = 0.7451
Third Support (S3) 0.7507 -( 0.7592 - 0.7536 = 0.0056 x 2 = 0.0111 )= 0.7396

The NZDCHF chart shows a down trend signal as the 2 EMA 5 and 6 are moving Below the slow EMA of 35 so I think that I will go for sell positions when the other indicators confirm the bearish direction .
For the parabolic sar indicator there are dots located Above the candle that indicates a downward direction also the MACD indicator that is moving Below the level 0 shows a sell signal the CCI line is at the Lower level that performs a downward signal .
The EMA locations suggest selling until the price shows any opposite bullish signal .
http://bigimage.cz/photos/20141120141646575279202.gif

The moment indicator indicates that there is good selling signal on our pair NZDCHF and that’s because of the cross taking place where the blue line’s location is below the red line at the moment The oracle strength indicator.
on the other hand is could be considered be giving a upwards direction signal according to the yellow color shown.
If we needed more confirmation on the direction then the Oracle direction indicator would do the trick as you can see the red colors on the arrows could be acting as downward signals.
Now as a conclusion from all the data we acquired up till now I believe that a downward trend would be taking action and that of course if the sell cross was still on the chart sell trades would have the priority as long as the ATR indicator gives selling signals.
http://bigimage.cz/photos/20141120141647084133933.gif

A bearish trend is currently taking place as you can see in front of us according to the super trend indicator which is currently showing us a red signal on the NZDCHF signal on the blue color shown on the nonlong indicator encouraging us to start a buy order at the current moment.
If the as soon as the Nonlog indicator changes to confirm the direction.
then i do recommend considering bearish trend on the pair and to start thinking about sell trades as the ideal orders.
In order to know where to put our stop loss we can think of the resistance located at the price 0.751 and according to the super trend indicator signal if it does turn to green then we should know that a bearish trend is currently over .
http://bigimage.cz/photos/20141120141646549201478.gif

There is a good selling signals appear today on the hourly chart of the NZDCHF as the price have a red arrow as the last signal to show by the EMA crossover indicator which uses a 2 exponential moving averages with different shifts and you can see the red line crossing below the blue one to perform the sell signal.
The same also happens on the QQE indicator which you can see below the chart where you can find the lines above the fifty levels and showing a buy cross.
I'm going to sell targeting the area of 0.7535 as a support or till I can get a new buy cross by the 2 exponential moving averages.
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http://bigimage.cz/photos/20141120141647278534650.gif

As we can notice on the NZDCHF chart the price is upper than the EMA line of 40 which can be considered as a sign of bullish trend.
The power line indicator is located below the 80 level and that is a good downward direction signal.
The power momentum indicator shows a small power of the bullish trend that can be used as a filter to filter the entry of the buy trades .
http://bigimage.cz/photos/20141119141637862610392.gif

---------- Post added at 01:05 PM ---------- Previous post was at 01:03 PM ----------

There is a great chance for a bearish trend to be taking place today on the XAUUSD chart and that is according to the price which is currently located on lower level than the EMA 15 line.
According to the power momentum indicator a high power of the bearish trend is shown and also it can be used as a filter for the entering the sell positions.
For more confirmation we can use the power line indicator which is currently above the 50 level giving us a good upward direction signal as a result .
http://bigimage.cz/photos/20141119141637863154549.gif

On the NZDCHF chart now you can indicate that the price is currently moving below the MBFX indicator's red line which is the resistance area with a location at 0.753 Currently by looking on the last signal on vestro indicator it was a bullish saturation signal by going to +100 level of vestro which may be a good notification about going north for the current time if you decided to enter short then you can target the next level of support on MBFX indicator at area of support on MBFX indicator at area of 0.7511 as first take profit and 0.7491 as your next and final target as long as the price did not hit 0.755 which can be used also as stop loss for your sell trades.
http://bigimage.cz/photos/20141120141647844127528.gif

by viewing the NZDCHF chart of the day we conclude that weak bullish trend happened due to the blade oscillator of value 0.001 located above the balance level of the indicator which shows a red signal to conclude a weak indication that a bullish direction happen on the short run.
By the way the moving average 5 on the chart giving us a UP indication then the bottom placed at price 0.7519 can be taken as a stop loss point for the buy orders given by the indicators that we deal with them .
http://bigimage.cz/photos/20141120141648265190526.gif

A bullish trend is taking place because of the up blue arrow located below the price on the NZDCHF pair right now.
You can confirm it even more using the buy cross between the snake and T2_clean.
In order to be safe a strong resistance level should be determined to act as a take profit and I believe the level 0.7545 would serve that purpose since it’s a strong resistance level at the current time.
But of course if it got broken it would mean that the price would head further up and so we would keep buying as a result.
But if the price headed to the other direction it would be wise to use 0.7475 as a stop loss level for it’s a really strong support As a result to what we said earlier I do believe that buying would be the best decision at the moment unless either a sell cross signal appears or a red down arrow is shown http://bigimage.cz/photos/20141120141648202130470.gif