-
USD/JPY targets 81.78/87 - Commerzbank
Commerzbank analysts were expecting, after consolidation to as low as 79.30, that the USDJPY would return to the 80.00 psychological level and surpass it in its way to 80.62 (June high). "Our target remains 81.78/87. Slightly longer term we would expect to see recovery to the 84.19 2012 high", wrote analyst Karen Jones, claiming that the market has completed a bullish falling wedge pattern longer term, now offering an upside measured target to 81.78/87 (April 20th high). "We would expect prices to remain underpinned by 78.44, the short term support line", Jones added.
-
New Zealand dollar – Canadian dollar pair continues to stretch its limits as it come closer to the last resistance level that defines the huge shuffling range for the pair, a shuffling pattern that results from the pair's weekly graph. Effectively, the pair has two strong resistance levels and each one could signal the end of present rises and the move to a new wave of decreases.
-
Analysis Chart NZD / Cad on today's Weekly is clear that the trend is still up, that is why I suggest you can buy with short-term take profit around 100 to 200 pips and if you choose to sell the security or you must have a large margin, we can see in the picture below all the Stochastic indicator is above 80 and the area we've been able to do sell to take profit which I think is very big between 700-900 pips.
-
Present price levels are sufficiently close to the resistance level of 0.8150 so we can place our first sales portion now and increase by a further portion in the event that the upwards direction continues towards the last resistance level of 0.8250.
-
USD/CAD Daily Outlook - Oct. 26, 2012
The USD/CAD pair continued to bounce around in a very tight range during the Thursday session as the markets that we have no idea where wants to go. Looking at this chart, it is easy to see why a lot of my trading friends have been chewed up over the last couple sessions. We simply have had a significant move higher, but cannot break above crucial resistance. On the other hand, significant support has come into play and we are now stuck in roughly a 100 pip range.
-
We would point out that a closure above the level of 0.8300 will be used as a warning for an immediate realization of a sell position. The forecast for the fall is to the low support level of 0.7200 for the medium to long term.
-
USD/JPY targets 81.78/87 - Commerzbank
Commerzbank analysts were expecting, after consolidation to as low as 79.30, that the USDJPY would return to the 80.00 psychological level and surpass it in its way to 80.62 (June high). "Our target remains 81.78/87. Slightly longer term we would expect to see recovery to the 84.19 2012 high", wrote analyst Karen Jones, claiming that the market has completed a bullish falling wedge pattern longer term, now offering an upside measured target to 81.78/87 (April 20th high). "We would expect prices to remain underpinned by 78.44, the short term support line", Jones added.
-
bullish trend seems to be taking place on the NZDCAD pair and that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction. A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
This pair can continue bullish trend, now current price at 0.9142 and strong support at level 0.9122 in hourly time frame. there is possible chance price will move to up side. then next high price is 0.9192
I suggest to entry BUY with stoploss at 0.9107 and take profit at 0.9192
I hope you can earn consistent profit from my signal, good luck
-
once in the prediction of several indicators for the technical analysis of currency pairs nzdcad on the market today are at the 0.9129 pivot then I recommend you to do the open position BUY with some criteria such as the following. You put a take profit at 0.9179 positions. You put a stop loss at 0.9094 positions
that's indicator Bollinger Bands is trend down and signal Parabollic SAR is trend down then Support and resistance at
Resistent1 = 0.9159
Resistent2 = 0.9176
Resistent3 = 0.9206
Pivot Point = 0.9129
Support 1 = 0.9112
Support 2 = 0.9035
Support 3 = 0.9065
my analysis unable to control the forex market movement. you can follow my signal , but you should put stoploss to limit the risk.
-
Daily overview for NzdCad
The price is finding the first support at 0.9110 and the next support is at 0.9033 The price is finding the first resistance at 0.9157 and the next resistance is at 0.9174
--- Trading recommendations for today : Open Buy ---
I predict price will be continued flying today. The first target is the level 0.9187 After fixing below the first target, then price will go to the level of 0.9227 will become the next one.
we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.
Standart Pivot Point - Support – Resistance :
Resistent1 : 0.9157
Resistent2 : 0.9174
Resistent3 : 0.9204
Pivot : 0.9127
Support 1 : 0.9110
Support 2 : 0.9033
Support 3 : 0.9063
