Nzd/chf technical analysis for 05.10.2012 by using : Auto pivot indicator.
resistance 3:0.7773
resistance 2:0.7739
resistance 1:0.7693
pivot point :0.7659
support 1:0.7613
support 2:0.7579
support 3:0.7533
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Nzd/chf technical analysis for 05.10.2012 by using : Auto pivot indicator.
resistance 3:0.7773
resistance 2:0.7739
resistance 1:0.7693
pivot point :0.7659
support 1:0.7613
support 2:0.7579
support 3:0.7533
In my opinion the pair NZD / CHF is very strong formation because the level of support coincides with the moving average 200, and I think this level attracts the attention of many market participants, as in my opinion that I think that the movement can continue down the pair breaks the level and if this happens then on the pullback could be sold to the objectives of 0.7450 and below ...:)))
If breached the 0.7703 resistance area for the top buy and target at 0.7722 resistance
If breached 0.7666 support area to the bottom of the sale and the target at 0.7648 support
Nzd/chf technical analysis for 08.10.2012 by using : Auto pivot indicator.
resistance 3:0.7788
resistance 2:0.7743
resistance 1:0.7675
pivot point :0.7630
support 1:0.7562
support 2:0.7517
support 3:0.7449
In chart m15 price shown sideways pattern in area 0.7610-0.7630. It seen several time to try up but always hold in daily pivot level (0.7621). At this day, it estimated rise up until touch 0.7663 as a daily ressistance 1 level, but if price can not rise up, price may be fall down back to its opening level in asian session (0.7592).
Spoiler:
In M30 chart, prices are among the 12 EMA and 72 EMA indicates trend is consolidation
50 RSI is diarea 50 indicates the trend is consolidation
Range :0.7658-0 .7564
Options: LONG
Take profit: 0.7700
Nzd/chf technical analysis for 09.10.2012 by using : Auto pivot indicator.
resistance 3:0.7764
resistance 2:0.7718
resistance 1:0.7684
pivot point :0.7638
support 1:0.7604
support 2:0.7558
support 3:0.7524
Nzd/chf technical analysis for 10.10.2012 by using : Auto pivot indicator.
resistance 3:0.7778
resistance 2:0.7740
resistance 1:0.7716
pivot point :0.7678
support 1:0.7654
support 2:0.7616
support 3:0.7592
Special movement show by this pair after formed head n tail pattern with lowets head in daily pivot level (0.7675). Because of this pattern, price rise strong until now. This strength movement will able touch 0.7713 as daily ressistance 1 level. But stochastic signal in tf d1,h4,and h1 shown in overbought area. Its can be sign for price to retrace down before going up again. The medium term trend also shown up, so price will rise strong for next time and may until american market closed. :accute::s2:
Nzd/chf technical analysis for 11.10.2012 by using : Auto pivot indicator.
resistance 3:0.7758
resistance 2:0.7735
resistance 1:0.7702
pivot point :0.7679
support 1:0.7646
support 2:0.7623
support 3:0.7590