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The daily forecasting for CADCHF pair according to the signals appears on the Henkin Ashi which shows a blue candles associated with down direction arrow then it is clear that we may have a bearish trend for the coming day.
On taking a look on the T3-Clean and the Snake indicators then you can indicate a sell signal by having a sell cross on them.
For more confirmation on the upward you can get the blue signal appears on the trend session indicator.
support located at the level 0.8525 have a good chance to stop the bearish trend then closing sell position before it could be a wise decision.
http://bigimage.cz/photos/20141118141629260838866.gif
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The blue line comes above the red line on the momentum cross on the chart of the NZDJPY pair by now which is a good signal for buying signal.
In the other way the Oracle strength indicator have a probably upwards direction because of the blue color of the mentioned indicator.
This can be merged with the bullish trend of the Oracle direction indicator which shows a blue arrow by now and it should confirm the oracle strength indicator in order to enter any trade.
I think it is clear that the upward trend will take a place on the pair for a good time starting from now and this should remain as long as the indicators keep giving the buy signals.
http://bigimage.cz/photos/20141118141629626167466.gif
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The NZDJPY chart has an active bullish cross between the set of EMAs which can be used as a way to say that the price is going to go to the north side by the next few hours.
Another signal is now clear on the Histogram indicator as I can see the green color of the indicator which can be recognized as a bullish signal especially because the price is heading over the zero's level.
Now analyzing the Market emotion indicator's signal you may think that the price will rise to test new higher prices because of the green color of the indicator.
And if you took a look on the Guru Angel indicator at this time you can get that the slope is forming a bullish signal for the day as it colored by green and moving above the level of zero as you can see.
I can then recommend the buy orders as it is clear that the price is going to more north level to test the resistance of 93.16 http://bigimage.cz/photos/20141118141629353162978.gif
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According to my analysis for the NZDJPY for the day I founds that the price is now below the level 92.64 colored by blue naming a new price for balanced level at MBFX indicator.
Adding this to the bearish signal shown on the vestro indicator by the current time I will bet on the down trend direction .
At this situation I think the support area at 92.07 can be used as the first level to get the profits of selling orders to help save the balance in case of fake trend and then you can target the next levels as you can see at the support located at 91.71 This action could remain strong as long as the price can't be able to break the level of 93.22 which will be a very strong signal about different buying direction under making.
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analysis for today 11 / 19 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZDJPY on the date 11 / 18 / 2014
OPEN 92.22
HIGH 93.18
LOW 92.21
CLOSED 92.53
The third resistance (R3) 93.18 - ( 92.64 - 92.21 = 0.43 x 2 = 0.86 )= 94.04
The second Resistance (R2) 92.64 + 93.18 - 92.21 = 93.61
First resistance (R1) 92.64 x 2 = 185.28 - 92.21 = 93.07
pivot points 93.18 + 92.21 + 92.53 = 277.92 / 3 = 92.64
Support for the first (S1) 92.64 x 2 = 185.28 - 93.18 = 92.10
Support second (S2) 92.64 - ( 93.18 - 92.21 = 0.97 ) = 91.67
Third Support (S3) 92.21 - ( 93.18 - 92.64 = 0.54 x 2 = 1.08 )= 91.13
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The down trend taking place at the moment on the NZDJPY is taking place according to where the EMAs 5 and 6 which is Below the EMA 35 as a result to that taking sell orders would be the best if a bearish direction confirmation came from the other indicators .
According to the parabolic sar indicator’s dots located Above the candles we assume that the price would be taking a downward direction as for the MACD which is currently moving Below the 0 level it does give us a sell signal .
Also the CCI line is currently in the Lower level giving us by that downward signal .
So to sum all that up I do believe that unless any bullish signal does appear selling would be the best option available at the moment .
http://bigimage.cz/photos/20141119141637844105555.gif
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According to the position of the price at the moment which is currently in a position upper than the 15 EMA line there is a good chance for a bullish trend to be taking place today on the NZDJPY chart.
There is a small chance for the bullish trend to take place according to the signals appearing by the power momentum indicator which is a great tool to filter the buy positions we are about to enter.
As for the power line indicator which is showing a upward direction signal due to its position which is above the 50 level at this moment .
http://bigimage.cz/photos/20141119141637860236403.gif
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The MA indicator now is Red colored for the NZDJPY chart in mean while the candles start to show a red color that is a sign for a new bearish color that is a sign for a new Red dots located below the level zero which can be considered as a signal of the strength of the bearish direction for now.
In my opinion the bearish direction is more powerful we can take the sell trades and targeting the support which located at 92.1 that can be easily reached by the price in the coming hours but this will happen only if the price can stay strong to keep below the resistance which located at 92.6 .
http://bigimage.cz/photos/20141119141637993210660.gif
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The daily forecasting for CADCHF pair according to the signals appears on the Henkin Ashi which shows a blue candles associated with down direction arrow then it is clear that we may have a bearish trend for the coming day.
On taking a look on the T3-Clean and the Snake indicators then you can indicate a sell signal by having a sell cross on them.
For more confirmation on the downward you can get the red signal appears on the trend session indicator.
support located at the level 0.8455 have a good chance to stop the bearish trend then closing sell position before it could be a wise decision.
http://bigimage.cz/photos/20141119141638073682181.gif
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The NZDJPY chart has an active bearish cross between the set of EMAs which can be used as a way to say that the price is going to go to the south side by the next few hours.
Another signal is now clear on the Histogram indicator as I can see the green color of the indicator which can be recognized as a bullish signal especially because the price is heading over the zero's level.
Now analyzing the Market emotion indicator's signal you may think that the price will fall to test new lower prices because of the red color of the indicator.
And if you took a look on the Guru Angel indicator at this time you can get that the slope is forming a bearish signal for the day as it colored by red and moving below the level of zero as you can see.
I can then recommend the sell orders as it is clear that the price is going to more south level to test the support of 91.82 http://bigimage.cz/photos/20141119141638183400854.gif