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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/20141203141758905875111.gif
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According to price position which is above the EMA indicator on the NZDCHF chart I believe it will be taking a bullish direction throughout the day.
A buy signal is indicated by the RSI indicator according to the line which is currently above the center line of 35.
Using the MACD indicator we can see that the green lines are heading down which means that the market bears are the ones in control in the current period.
As a result to that I do believe that choosing the bulls for the current day would be the best choice but that of course until we get an opposite sell signal via the EMA indicator when the price gets below the wave .
http://bigimage.cz/photos/20141203141758913491546.gif
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According to my analysis on the NZDCHF chart for today
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by viewing the NZDCHF chart of the day we conclude that strong bearish trend happened due to the blade oscillator of value 0.0008 located below the balance level of the indicator which shows a red signal to conclude a strong indication that a bearish direction happen on the short run.
By the way the moving average 5 on the chart giving us a UP indication then the top placed at price 0.7564 can be taken as a stop loss point for the sell orders given by the indicators that we deal with them .
http://bigimage.cz/photos/20141203141759056295924.gif
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On the NZDCHF chart now you can indicate that the price is currently moving below the MBFX indicator's blue line which is the balanced area with a location at 0.7575 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 0.7563 as first take profit and 0.7556 as your next and final target as long as the price did not hit 0.7586 which can be used also as stop loss for your sell trades.
http://bigimage.cz/photos/20141203141759101195266.gif
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On the last day we noticed that the trend was taking down direction and that's according to the new daily opening which was compared to yesterday lower than that of the last day.
On the NZDCHF chart today we noticed that a green up arrow signal is currently located below the price implying to us that for the short term trading a bullish signal is taking place.
I do think that the price level 0.759 would be the best take profit level for now because it's also acting as a strong resistance and heading up after breaking such level would be really hard.
Finally like any strategy following the rules would be the wisest choice to avoid losses and that can be done if we waited for the check indicator to make a clear blue line also green is the color the trader indicator should have in order to be sure that it is the correct bullish trend before making any attempt for buy positions.
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analysis for today 12 / 3 / 2014
NZD/CHF (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 0.7572
Retracement (50%) 0.7567
retracement (61,8%) 0.7562
Extensions (61.8%) 0.7616
Extensions (100.0%) 0.7633
Extensions (138.2%) 0.7650
Extensions (161.8%) 0.7660
calculation based on a Fibonacci retracement then today I choose buy
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pair- nzd/chf
analysis time frame- m15
http://i58.tinypic.com/28v98jn.jpg
the rsi indicator is moving up to the overbought level 70 and the price is also rejecting from the 0.7605 level with parabolic sar signal. short with take profit at 0.7555 level and stop loss above the daily resistance at 0.7610. the rsi may again lower side.
good luck.
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I think that this is a good opportunity to get in short position from the resistance 0.7608 with take profit at 0.7566.
http://i.imgur.com/A0lCpUu.png
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Yah bohat hi acha pair hai aap sub is pair say good income hasil kar skty hi best trading kar Kay. Forex trading May agar aaap best trader hai to bohat hi best income hasil kar skty hai yah bohat hi best hai aur aap join kar skty hai isy.