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http://prntscr.com/55ioup
analysis for today 11 / 12 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDJPY on the date 11 / 11 / 2014
OPEN 88.94
HIGH 90.46
LOW 88.92
CLOSED 90.35
The third resistance (R3) 90.46 - ( 89.91 - 88.92 = 0.99 x 2 = 1.98 )= 92.44
The second Resistance (R2) 89.91 + 90.46 - 88.92 = 91.45
First resistance (R1) 89.91 x 2 = 179.82 - 88.92 = 90.90
pivot points 90.46 + 88.92 + 90.35 = 269.73 / 3 = 89.91
Support for the first (S1) 89.91 x 2 = 179.82 - 90.46 = 89.36
Support second (S2) 89.91 - ( 90.46 - 88.92 = 1.54 ) = 88.37
Third Support (S3) 88.92 - ( 90.46 - 89.91 = 0.55 x 2 = 1.10 )= 87.82
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pair- nzd/jpy
analysis time frame- m15
http://i60.tinypic.com/20zr5mt.jpg
the price is break the daily resistance at 90.90 and but the rejecting down from the 91.15 level. the rsi is showing overbought as moving level 70 but now moving out side so down movement can setup. if price move below the 90.85 then short with take profit at 90.23
good luck.
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the blue dots appearing above the candle bars indicates that the price today is going to be heading upward depending on the price’s position we are going to determine where the price would be heading so if the price remained in its position lower than 87.63 which act as a strong support at this moment also it happens to be a weekly pivot point at the same time then I do believe that the price would be heading north only till it meets the next weekly pivot resistance at 89.62 .
But what if red dots appeared indicating bearish trades and the price bypassed the support 87.63 and headed for the opposite direction then I do believe that the price in this condition would be heading south until it reaches the price 86.44 which is the next support and the next pivot level of the week.
http://bigimage.cz/photos/20010125980379454438572.gif .
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http://prntscr.com/55ublq
analysis for today 11 / 13 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDJPY on the date 11 / 12 / 2014
OPEN 90.34
HIGH 91.11
LOW 90.20
CLOSED 90.93
The third resistance (R3) 91.11 - ( 90.75 - 90.20 = 0.55 x 2 = 1.09 )= 92.20
The second Resistance (R2) 90.75 + 91.11 - 90.20 = 91.66
First resistance (R1) 90.75 x 2 = 181.49 - 90.20 = 91.29
pivot points 91.11 + 90.20 + 90.93 = 272.24 / 3 = 90.75
Support for the first (S1) 90.75 x 2 = 181.49 - 91.11 = 90.38
Support second (S2) 90.75 - ( 91.11 - 90.20 = 0.91 ) = 89.84
Third Support (S3) 90.20 - ( 91.11 - 90.75 = 0.36 x 2 = 0.73 )= 89.47
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pair- nzd/jpy
analysis time frame- m15
http://i59.tinypic.com/10y126o.jpg
the rsi indicator is moving out from the overbought level 70 and in the price chart its also break the moving average 14 support and now falling below the daily resistance at 91.29 its down movement to the pivot point can expected. short with target at 90.75
good luck.
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the red dots appearing above the candle bars indicates that the price today is going to be heading downward depending on the price’s position we are going to determine where the price would be heading so if the price remained in its position lower than 89.62 which act as a strong resistance at this moment also it happens to be a weekly pivot point at the same time then I do believe that the price would be heading south only till it meets the next weekly pivot support at 87.63 .
But what if blue dots appeared indicating bullish trades and the price bypassed the resistance 89.62 and headed for the opposite direction then I do believe that the price in this condition would be heading north until it reaches the price 90.42 which is the next resistance and the next pivot level of the week.
http://bigimage.cz/photos/20010126980472864373214.gif .
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http://prntscr.com/565kts
analysis for today 11 / 13 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDJPY on the date 11 / 12 / 2014
OPEN 90.94
HIGH 91.54
LOW 90.62
CLOSED 91.20
The third resistance (R3) 91.54 - ( 91.12 - 90.62 = 0.50 x 2 = 1.00 )= 92.54
The second Resistance (R2) 91.12 + 91.54 - 90.62 = 92.04
First resistance (R1) 91.12 x 2 = 182.24 - 90.62 = 91.62
pivot points 91.54 + 90.62 + 91.20 = 273.36 / 3 = 91.12
Support for the first (S1) 91.12 x 2 = 182.24 - 91.54 = 90.70
Support second (S2) 91.12 - ( 91.54 - 90.62 = 0.92 ) = 90.20
Third Support (S3) 90.62 - ( 91.54 - 91.12 = 0.42 x 2 = 0.84 )= 89.78
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pair- nzd/jpy
analysis time frame- m15
http://i58.tinypic.com/2na2s92.jpg
the rsi indicator is moving out from the overbought level 70 and in the price chart its making doji pattern at the daily resistance level two at 92.04 level. its also break the support of moving average 14. short with take profit at 91.44 and stop loss at 92.23
good luck.
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the blue dots appearing above the candle bars indicates that the price today is going to be heading upward depending on the price’s position we are going to determine where the price would be heading so if the price remained in its position lower than 87.63 which act as a strong support at this moment also it happens to be a weekly pivot point at the same time then I do believe that the price would be heading north only till it meets the next weekly pivot resistance at 89.62 .
But what if red dots appeared indicating bearish trades and the price bypassed the support 87.63 and headed for the opposite direction then I do believe that the price in this condition would be heading south until it reaches the price 86.44 which is the next support and the next pivot level of the week.
http://bigimage.cz/photos/20010128980681716105632.gif .
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NZD/JPY pair price already touched daily resistance 1 level (81.126) and upper trend line. Now the price try to move down ward. I think the price may touch daily pivot point (80.815).
