-
http://prntscr.com/57734l
analysis for today 11 / 17 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURNZD on the date 11 / 14 / 2014
OPEN 1.5825
HIGH 1.5872
LOW 1.5776
CLOSED 1.5834
The third resistance (R3) 1.5872 -( 1.5827 - 1.5776 = 0.0051 x 2 = 0.0103 )= 1.5975
The second Resistance (R2) 1.5827 + 1.5872 - 1.5776 = 1.5923
First resistance (R1) 1.5827 x 2 = 3.1655 - 1.5776 = 1.5879
pivot points 1.5872 + 1.5776 + 1.5834 = 4.7482 / 3 = 1.5827
Support for the first (S1) 1.5827 x 2 = 3.1655 - 1.5872 = 1.5783
Support second (S2) 1.5827 -( 1.5872 - 1.5776 = 0.0096 ) = 1.5731
Third Support (S3) 1.5776 -( 1.5872 - 1.5827 = 0.0045 x 2 = 0.0089 )= 1.5687
-
On the EURNZD chart the momentum indicator shows clearly a cross as the blue line goes below the red line to make a good sell signal for the current time.
The Oracle Strength indicator shows a yellow color and that indicates a upward direction on the EURNZD chart.
To be more accurate you can see the red colored arrows which mean that there is a downward signal for now on the Oracle direction indicator.
From all the data from the indicators above and as long as the momentum indicator shows a sell cross the downward trend is shown on the chart and my advice is to go for the sell trades as long as the ATR indicator shows a sell signals.
http://bigimage.cz/photos/20141117141621028183944.gif
-
pair- eur/nzd
analysis time frame- m30
http://i57.tinypic.com/1oskcg.jpg
the price gap at the 1.5783 level offering resistance with the moving average 50. the cci indicator is at the level zero and the macd indicator may again below the zero level for short trend. hold the short entry with stop loss at 1.5798 and take profit at the 1.5700
good luck.
-
the price seems to move in downward trend today on the EURNZD chart as there are a red dots above the bars and as long as the price keeps lower than the strong resistance of 1.6029 which is also the weekly Pivot point then it seems that the price may keep going south till it can hit the weekly pivot support at 1.5674 .
In other scenario if the price can break the resistance 1.6029 and get a bullish signals by a blue dots then it’s expected to keep going north till the resistance of 1.6229 as the next weekly Pivot point.
http://bigimage.cz/photos/20141117141626370166307.gif .
-
http://prntscr.com/57j59m
analysis for today 11 / 18 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURNZD on the date 11 / 17 / 2014
OPEN 1.5756
HIGH 1.5794
LOW 1.5679
CLOSED 1.5731
The third resistance (R3) 1.5794 -( 1.5735 - 1.5679 = 0.0056 x 2 = 0.0111 )= 1.5905
The second Resistance (R2) 1.5735 + 1.5794 - 1.5679 = 1.5850
First resistance (R1) 1.5735 x 2 = 3.1469 - 1.5679 = 1.5790
pivot points 1.5794 + 1.5679 + 1.5731 = 4.7204 / 3 = 1.5735
Support for the first (S1) 1.5735 x 2 = 3.1469 - 1.5794 = 1.5675
Support second (S2) 1.5735 -( 1.5794 - 1.5679 = 0.0115 ) = 1.5620
Third Support (S3) 1.5679 -( 1.5794 - 1.5735 = 0.0059 x 2 = 0.0119 )= 1.5560
-
The EURNZD chart before us is giving us a down trend signal as the 3 EMA 2 and 5 and 6 are currently moving Below the EMA 35 so after the other indicators confirm the bearish direction logically i will head for sell positions .
Above the candles i can see that the dots created by the Barabolic Sar indicator which is an indication for the possibility that the direction is about to be heading downward also monitoring the sell signal in front us on the MACD indicator which is currently moving Below the level 0 for now in addition to that there is a downward signal formed by the CCI line which is currently located at Lower level .
So based on the EMAs signals shown i can say that i do prefer the selling positions that are if no bullish signals are shown in front of us .
http://bigimage.cz/photos/20141118141629299172437.gif
-
When trying to analyze the EURNZD there is a bearish channel as you can see to narrow the market movement area between 2 trend lines which tells that the market is in his way for down trend.
Using the donchain channel you can see the price moving at the lower edge of it then I can think about north direction for the price as long as no opposite signs Currently the awesome oscillator has a Currently the awesome oscillator has a appear on awesome oscillator.
Currently the awesome oscillator has a green bars which appears below the level of 0 which can be considered as a good buy signal.
Same on the stostatic indicator which show a buy signal by getting a clear bullish cross between two lines near the 80th 20 level.
Till now down trend seems to be a stronger choice although waiting for sell signals on all the indicators together is a best case but by the way selling the pair targeting the down line of the channel or the low level of donchain channel is not bad idea http://bigimage.cz/photos/20141118141629168207989.gif
-
As you can see the MA indicator in front of us got its color changed to Red on the EURNZD chart which resonance with the candles as it started showing red color which is a good sign for the traders that a new bearish trend is taking place.
On the BB MACD indicator we can see clearly that the Red dots which is located below the zero level which can be considered a signal for the strength of the bearish trend up till this moment.
As a conclusion to my analysis I do think that the bearish direction is of more power and the sell trades to be taken would be the best idea while targeting the support located at 1.569 but that of course if the price kept being strong to stay below the resistance level located at 1.5735 .
http://bigimage.cz/photos/20141118141629278115755.gif
-
According to the EURNZD pair we can notice that the prices are currently upper than the 40 EMA line which can be considered as a good sign for bullish trend today.
In addition to that we can see that the power line indicator is below the 80 level at the moment indicating that a downward direction is about to take place.
There is also important information regarding the power momentum indicator which is currently showing a small power for the bullish trend taking place and can be used as a filter for the buy entry points .
http://bigimage.cz/photos/20141118141629153104829.gif
-
The daily forecasting for CHFJPY pair according to the signals appears on the Henkin Ashi which shows a blue candles associated with up direction arrow then it is clear that we may have a bullish trend for the coming day.
On taking a look on the T3-Clean and the Snake indicators then you can indicate a buy signal by having a buy cross on them.
For more confirmation on the upward you can get the blue signal appears on the trend session indicator.
resistance located at the level 121.2 have a good chance to stop the buy trend then closing buy position before it could be a wise decision.
http://bigimage.cz/photos/20141118141629259126081.gif