This pair can more nice bearish again for today move if the 38.2 fibo at 1.5705 can be break too by seller then. but, please note . that I see the sideways will still be called here as long as the price then still move above that 38.2 fibo (1.5705)
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This pair can more nice bearish again for today move if the 38.2 fibo at 1.5705 can be break too by seller then. but, please note . that I see the sideways will still be called here as long as the price then still move above that 38.2 fibo (1.5705)
eur/nzd technical analysis by using : average directional movement index
adx : 31.5384
+di : 15.1757
-di : 13.1229
timeframe : 1 hour
time : 1600
date : 26.11.2012
the yoke and as we can see from the interpret has obstructed it's daily candle above the take of 1.6400 , so , that's associate the up trend is ease unfelled and the duad is header to 1.6500 then 1.6540
Eur/nzd technical analysis for 27.11.2012 by using : Auto pivot indicator.
resistance 3:1.5884
resistance 2:1.5839
resistance 1:1.5811
pivot point :1.5766
support 1:1.5738
support 2:1.5693
support 3:1.5665
Big trend that can be with use trendline on 4H TF . still look bulls but weak because the price on was move near that supply zone 1.5807. Next . I can say that this pair on nice more bulls again after truly the buyer can break up more to that supply zone 1.5807
1.5721 could be important barrier here to stop the bear fall for deeply again. But if the bear can breakout this level then it is potential to reach FE 38.2 @1.5692. So, lets see the price action at this area.
On the H1 chart, the price is dibawah12 EMA and 72 EMA indicates the trend is still down
21 RSI is below 50 indicates the trend is still down
Recommendation: SELL
Take profit: 1.5679
Eur/nzd technical analysis for 28.11.2012 by using : Auto pivot indicator.
resistance 3:1.5895
resistance 2:1.5850
resistance 1:1.5809
pivot point :1.5764
support 1:1.5723
support 2:1.5678
support 3:1.5637
INTRADAY TRADING SIGNAL
EURNZD H1
I see that EURNZD market on an 1hr chart is currently moving inside a down channel. I expect price to move up to the upper channel, at least to somewhere near 1.577x