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http://prntscr.com/3uenwu
analysis for today 6 / 19 / 2014
NZD/USD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 0.8707
Retracement (50%) 0.8697
retracement (61,8%) 0.8687
Extensions (61.8%) 0.8791
Extensions (100.0%) 0.8823
Extensions (138.2%) 0.8855
Extensions (161.8%) 0.8875
calculation based on a Fibonacci retracement then today I choose buy
---------- Post added at 10:36 PM ---------- Previous post was at 10:34 PM ----------
http://prntscr.com/3uenwu
analysis for today 6 / 19 / 2014
NZD/USD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 0.8707
Retracement (50%) 0.8697
retracement (61,8%) 0.8687
Extensions (61.8%) 0.8791
Extensions (100.0%) 0.8823
Extensions (138.2%) 0.8855
Extensions (161.8%) 0.8875
calculation based on a Fibonacci retracement then today I choose buy
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http://prntscr.com/3uljvo
analysis for today 6 / 20 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZD/USD on the date 6 / 19 / 2014
OPEN 0.8735
HIGH 0.8738
LOW 0.8706
CLOSED 0.8718
The third resistance (R3) 0.8738 -( 0.8721 - 0.8706 = 0.0015 x 2 = 0.0029 )= 0.8767
The second Resistance (R2) 0.8721 + 0.8738 - 0.8706 = 0.8753
First resistance (R1) 0.8721 x 2 = 1.7441 - 0.8706 = 0.8735
pivot points 0.8738 + 0.8706 + 0.8718 = 2.6162 / 3 = 0.8721
Support for the first (S1) 0.8721 x 2 = 1.7441 - 0.8738 = 0.8703
Support second (S2) 0.8721 -( 0.8738 - 0.8706 = 0.0032 ) = 0.8689
Third Support (S3) 0.8706 -( 0.8738 - 0.8721 = 0.0017 x 2 = 0.0035 )= 0.8671
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http://prntscr.com/3uo3pz
analysis for today 6 / 20 / 2014
NZD/USD
Resistance : R1 0.8776 R2 0.8801 R3 0.8821 R4 0.8851
Support : S1 0.8650 S2 0.8625 S3 0.8605 S4 0.8575
Open : 0.8719
High : 0.8725
Low : 0.8701
Range : 0.0024 Pips
Running Price : 0.8708
Strategy : SELL at the level 0.8708 stop loss at the level 0.8776 target take profit at the level 0.8605 or at the level 0.8575
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pair- nzd/usd
chart analysis time frame- h1
http://i62.tinypic.com/30c6io5.jpg
the price is break the channel pattern to the resistance side at 0.8700 level but rejecting down from the 0.8734 level and falling down in the channel pattern. the rsi indicator is showing at the overbought level 30. it may again up side so hold the long entry with stop loss at 0.8650
good luck
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my analysis for today 6/23/2014 for NZDUSD since the market is apparently taking Up direction I presume that
0.8681 is goig to be a strong level for the price to bounce from it unless of course the upcoming candle breaks it by closing below it then it's gonna be the best place to start selling from also the 0.8704 is acting as a strong resistance level which is going to be like support until it's broken then it would be a great place to buy from .
http://uploadyourimages.org/upload/s...75d087b246.JPG
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http://prntscr.com/3uy2cf
analysis for today 6 / 23 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZD/USD on the date 6 / 20 / 2014
OPEN 0.8719
HIGH 0.8725
LOW 0.8683
CLOSED 0.8698
The third resistance (R3) 0.8725 -( 0.8702 - 0.8683 = 0.0019 x 2 = 0.0038 )= 0.8763
The second Resistance (R2) 0.8702 + 0.8725 - 0.8683 = 0.8744
First resistance (R1) 0.8702 x 2 = 1.7404 - 0.8683 = 0.8721
pivot points 0.8725 + 0.8683 + 0.8698 = 2.6106 / 3 = 0.8702
Support for the first (S1) 0.8702 x 2 = 1.7404 - 0.8725 = 0.8679
Support second (S2) 0.8702 -( 0.8725 - 0.8683 = 0.0042 ) = 0.8660
Third Support (S3) 0.8683 -( 0.8725 - 0.8702 = 0.0023 x 2 = 0.0046 )= 0.8637
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http://prntscr.com/3voe86
analysis for today 6 / 23 / 2014
NZD/USD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8699
Retracement (50%) 0.8704
retracement (61,8%) 0.8709
Extensions (61.8%) 0.8657
Extensions (100.0%) 0.8641
Extensions (138.2%) 0.8625
Extensions (161.8%) 0.8615
calculation based on a Fibonacci retracement then today I choose sell
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http://prntscr.com/3vvmlk
analysis for today 6 / 24 / 2014
NZD/USD
Resistance : R1 0.8780 R2 0.8805 R3 0.8825 R4 0.8855
Support : S1 0.8649 S2 0.8624 S3 0.8604 S4 0.8574
Open : 0.8714
High : 0.8724
Low : 0.8705
Range : 19 Pips
Running Price : 0.8714
Strategy : BUY at the level 0.8714 stop loss at the level 0.8649 target take profit at the level 0.8825 or at the level 0.8855
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can be pair ne kal hi apna 1 bahut strong resistance .8270 ko break kiya hai...ye 1 bahut purana aur strong resistance tha can be pair ka..
isko break karnek e baad isne fir lower trend ke button diye h ai lekin we think iske notifications ko aur clear hone ka wait karna chahiye kyunki isne abhi apna resistence toda hai
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I think NZD / USD is in a state crusial, if he is able to penetrate high. then he would go up further, but if not then it is likely to make a correction of price movements, or even reversal.
for these pairs I would not do the op for a while. I will only observe candle pattern on the trendline linehttp://puu.sh/9HDdi/a411a8a668.png