Eur/Nzd

Eur/nzd technical analysis for 12.10.2012 by using : Auto pivot indicator.

resistance 3:1.5979
resistance 2:1.5908
resistance 1:1.5861

pivot point :1.5790

support 1:1.5743
support 2:1.5672
support 3:1.5625

Well kickbacks were getting higher and higher, and the sample to the north is quite predicted, so the price is now trying to get out of the consolidation of the goal, and I think you can put around 1.5950, a maximum of the last two weeks .

Euro/nzd is the good currency pair for forex trade i also trade this pair and earn more money this pair movement is very fast so it is best for short time trade and earn money.

we have a support level on the daily chart @38.2% so i predict that EURNZD will move upward on the short term our target point will be@50%.

EURNZD next week

Elliott: common flat correction up 1.5970
While below 1.5902 - 1.5968 it is more likely to fall further towards 1.5725 or 1.5593.
Warning: Harami
Technical points
Key point 1.5962
Entry point 1.5891
Elliott 1.5468
Closing 1.5858
Projection 1.5970
Trendline 1.5703
Trendline 1.5938
Supports / Resistances
Res 2 1.6079
Ex-High 1.5946
Res 1 1.5968
Pivot 1.5836
Sup 1 1.5725
Ex-Low 1.5703
Sup 2 1.5593

at the last week, price move down from resistance area 0.8088 to support area, next monday its possible price to move up or down because price at the middle area, so price possible to move between 0.8088-0.8032

Spoiler:

http://i1262.photobucket.com/albums/...pse78c9f1f.gif

euronzd pair kafi time se sideways trend me chal raha hai
1.7600 pe iska 1 support hai aur 1.7700 pe iska 1 resistence jisse ye kafi time se nahi tod pa raha hai..

Elliott: flat correction up 1.5950
It should consolidate between 1.5797 and 1.5888. A break of one of these points would cause further bullish or bearish move.
Technical points
Key point 1.5903
Entry point 1.5834
Elliott 1.5703
Closing 1.5858
Projection 1.5970
Trendline 1.5762
Trendline 1.5817
Supports / Resistances
Res 2 1.5918
Ex-High 1.5858
Res 1 1.5888
Pivot 1.5828
Sup 1 1.5797
Ex-Low 1.5767
Sup 2 1.5737

Eur/nzd technical analysis for 15.10.2012 by using : Auto pivot indicator.

resistance 3:1.6008
resistance 2:1.5942
resistance 1:1.5900

pivot point :1.5834

support 1:1.5792
support 2:1.5726
support 3:1.5684

Elliott: flat correction down 1.5718
While above 1.5804 - 1.5767 zone a corrective upmove could test 1.5865 or 1.5890. After which it should resume its downtrend.
Technical points
Key point 1.5784
Entry point 1.5848
Elliott 1.5913
Closing 1.5818
Projection 1.5783
Trendline 1.5804
Trendline 1.5826
Supports / Resistances
Res 2 1.5963
Ex-High 1.5913
Res 1 1.5890
Pivot 1.5840
Sup 1 1.5767
Ex-Low 1.5790
Sup 2 1.5717