bro it is a currency type and it is the seprate marekt and every currency has his own market and if we want to do work on any currency then we were in need of to understand this
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the price still move slow near the 23.6 fibo line (0.7631). although the price candle on move slow - I see, the trend probably to bearish still here as long as the price can move on bellow that 23.6 fibo (0.7631)
INTRADAY TRADING SIGNAL
NZDCHF M30
I am predicting that market will try once again to test its nearest resistance level,
which is located at 0.766x. I hope price will bounce down once reached that
resistance level.
Nzd/chf technical analysis for 29.11.2012 by using : Auto pivot indicator.
resistance 3:0.7717
resistance 2:0.7694
resistance 1:0.7674
pivot point :0.7651
support 1:0.7631
support 2:0.7608
support 3:0.7588
INTRADAY TRADING SIGNAL
NZDCHF M15
Market is likely to go further to south this time around, at least up to 0.7622. This is due to the recent break through from the nearest support level, which is at 0.7642. We shall trade sell by following this breakout signal.. :)
nzd/chf technical analysis by using : average directional movement index
adx : 27.2317
+di : 10.2277
-di : 18.2610
timeframe : 1 hour
time : 0700
date : 30.11.2012
INTRADAY TRADING SIGNAL
NZDCHF M15
Based on a fibonacchi pattern, I am looking forward for price to start falling down again from this current level, at least up to 0.760x. Once reached that level, the fibonacchi pattern will be completed and we may see a hidden force to drive the price to climb up once again.
Take profit levels to be considered into for this upward movements are :
Target 0.382
0.7611
Target 0.500
0.7614
Target 0.618
0.7617
Target 0.786
0.7621
Target 1.000
0.7627
Target 1.272
0.7634
Target 1.618
0.7643
Nzd/chf technical analysis for 30.11.2012 by using : Auto pivot indicator.
resistance 3:0.7722
resistance 2:0.7699
resistance 1:0.7665
pivot point :0.7642
support 1:0.7608
support 2:0.7585
support 3:0.7551
The trend on 4htf pullback up bulls and I see . this look good to be search buy OP then (as long as the seller can not break down again to more that so strong Low fibo near the price 0.7583).
Nzd/chf technical analysis for 03.12.2012 by using : Auto pivot indicator.
resistance 3:0.7697
resistance 2:0.7669
resistance 1:0.7642
pivot point :0.7614
support 1:0.7587
support 2:0.7559
support 3:0.7532