Nzd/Chf

Nzd/chf technical analysis for 29.10.2012 by using : Auto pivot indicator.

resistance 3:0.7779
resistance 2:0.7742
resistance 1:0.7717

pivot point :0.7680

support 1:0.7655
support 2:0.7618
support 3:0.7593

right NZD / CHF approached the resistance level of 7700 and tries to break through .. we see that the pair has broken the 200 moving average and managed to successfully test the sample, so I think that the couple have a very good chance to still consolidate above 7700 .. and get to the goal 7810 ...

Broad U.S. dollar buying interest is weighing on AUDUSD this morning in Asia, as risk aversion encourages the pair to drop to session lows below the 1.0350 level.

There is no apparent news that explains this boost to USD, except that the massive "Frankenstorm" is approaching the American East Coast, which may be fueling demand for safe-haven assets.

nzd/chf technical analysis by using : average directional movement index

adx : 15.6792
+di : 19.6973
-di : 18.6474
timeframe : 1 hour

time : 2000
date : 29.10.2012

Nzd/chf technical analysis for 30.10.2012 by using : Auto pivot indicator.

resistance 3:0.7735
resistance 2:0.7719
resistance 1:0.7696

pivot point :0.7680

support 1:0.7657
support 2:0.7641
support 3:0.7618

Spoiler:

http://sadpanda.us/images/1234503-GONSH2A.png

At the H4 chart price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
* 21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Target: 0.7760

Selling position is recommendated in this pair, because price under pressure and until now make a new lowest level and some time ago had formed head n tail pattern. price can not able move up and predicted will touch daily support 1 level (0.7653)

nzd/chf technical analysis by using average directional movement index

adx : 33.1893
+di : 9.4361
-di : 31.6579
timeframe : 1 hour

time : 1800
date : 30.10.2012

Nzd/chf technical analysis for 31.10.2012 by using : Auto pivot indicator.

resistance 3:0.7746
resistance 2:0.7720
resistance 1:0.7688

pivot point :0.7662

support 1:0.7630
support 2:0.7604
support 3:0.7572

NZD/CHF back to monthly support 1 level (0.7632) whereas, yesterday price can move up. The downward movement today occure after price shown in sideways condition. Price may still hold by monthly support 1 level and can retrace up but limited.