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http://prntscr.com/44qm43
analysis for today 7 / 21 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZD/USD on the date 7 / 18 / 2014
OPEN 0.8669
HIGH 0.8696
LOW 0.8652
CLOSED 0.8693
The third resistance (R3) 0.8696 -( 0.8680 - 0.8652 = 0.0028 x 2 = 0.0057 )= 0.8753
The second Resistance (R2) 0.8680 + 0.8696 - 0.8652 = 0.8724
First resistance (R1) 0.8680 x 2 = 1.7361 - 0.8652 = 0.8709
pivot points 0.8696 + 0.8652 + 0.8693 = 2.6041 / 3 = 0.8680
Support for the first (S1) 0.8680 x 2 = 1.7361 - 0.8696 = 0.8665
Support second (S2) 0.8680 -( 0.8696 - 0.8652 = 0.0044 ) = 0.8636
Third Support (S3) 0.8652 -( 0.8696 - 0.8680 = 0.0016 x 2 = 0.0031 )= 0.8621
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http://prntscr.com/44ui7x
analysis for today 7 / 21 / 2014
NZD/USD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 0.8679
Retracement (50%) 0.8674
retracement (61,8%) 0.8669
Extensions (61.8%) 0.8723
Extensions (100.0%) 0.8740
Extensions (138.2%) 0.8757
Extensions (161.8%) 0.8767
calculation based on a Fibonacci retracement then today I choose buy
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http://prntscr.com/4525i7
analysis for today 7 / 22 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZD/USD on the date 7 / 21 / 2014
OPEN 0.8702
HIGH 0.8722
LOW 0.8688
CLOSED 0.8691
The third resistance (R3) 0.8722 -( 0.8700 - 0.8688 = 0.0012 x 2 = 0.0025 )= 0.8747
The second Resistance (R2) 0.8700 + 0.8722 - 0.8688 = 0.8734
First resistance (R1) 0.8700 x 2 = 1.7401 - 0.8688 = 0.8713
pivot points 0.8722 + 0.8688 + 0.8691 = 2.6101 / 3 = 0.8700
Support for the first (S1) 0.8700 x 2 = 1.7401 - 0.8722 = 0.8679
Support second (S2) 0.8700 -( 0.8722 - 0.8688 = 0.0034 ) = 0.8666
Third Support (S3) 0.8688 -( 0.8722 - 0.8700 = 0.0022 x 2 = 0.0043 )= 0.8645
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http://prntscr.com/456xyc
analysis for today 7 / 22 / 2014
NZD/USD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8701
Retracement (50%) 0.8705
retracement (61,8%) 0.8709
Extensions (61.8%) 0.8667
Extensions (100.0%) 0.8654
Extensions (138.2%) 0.8641
Extensions (161.8%) 0.8633
calculation based on a Fibonacci retracement then today I choose sell
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http://prntscr.com/45ehph
analysis for today 7 / 23 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZD/USD on the date 7 / 22 / 2014
OPEN 0.8692
HIGH 0.8696
LOW 0.8652
CLOSED 0.8666
The third resistance (R3) 0.8696 -( 0.8671 - 0.8652 = 0.0019 x 2 = 0.0039 )= 0.8735
The second Resistance (R2) 0.8671 + 0.8696 - 0.8652 = 0.8715
First resistance (R1) 0.8671 x 2 = 1.7343 - 0.8652 = 0.8691
pivot points 0.8696 + 0.8652 + 0.8666 = 2.6014 / 3 = 0.8671
Support for the first (S1) 0.8671 x 2 = 1.7343 - 0.8696 = 0.8647
Support second (S2) 0.8671 -( 0.8696 - 0.8652 = 0.0044 ) = 0.8627
Third Support (S3) 0.8652 -( 0.8696 - 0.8671 = 0.0025 x 2 = 0.0049 )= 0.8603
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http://prntscr.com/45j592
analysis for today 7 / 23 / 2014
NZD/USD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 0.8679
Retracement (50%) 0.8674
retracement (61,8%) 0.8669
Extensions (61.8%) 0.8723
Extensions (100.0%) 0.8740
Extensions (138.2%) 0.8757
Extensions (161.8%) 0.8767
calculation based on a Fibonacci retracement then today I choose buy
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http://prntscr.com/45r8cq
analysis for today 7 / 24 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZD/USD on the date 7 / 23 / 2014
OPEN 0.8666
HIGH 0.8707
LOW 0.8658
CLOSED 0.8701
The third resistance (R3) 0.8707 -( 0.8689 - 0.8658 = 0.0031 x 2 = 0.0061 )= 0.8768
The second Resistance (R2) 0.8689 + 0.8707 - 0.8658 = 0.8738
First resistance (R1) 0.8689 x 2 = 1.7377 - 0.8658 = 0.8719
pivot points 0.8707 + 0.8658 + 0.8701 = 2.6066 / 3 = 0.8689
Support for the first (S1) 0.8689 x 2 = 1.7377 - 0.8707 = 0.8670
Support second (S2) 0.8689 -( 0.8707 - 0.8658 = 0.0049 ) = 0.8640
Third Support (S3) 0.8658 -( 0.8707 - 0.8689 = 0.0018 x 2 = 0.0037 )= 0.8621
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http://prntscr.com/45u7cd
analysis for today 7 / 24 / 2014
NZD/USD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8677
Retracement (50%) 0.8683
retracement (61,8%) 0.8688
Extensions (61.8%) 0.8628
Extensions (100.0%) 0.8609
Extensions (138.2%) 0.8590
Extensions (161.8%) 0.8579
calculation based on a Fibonacci retracement then today I choose sell
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http://prntscr.com/48265f
analysis for today 7 / 31 / 2014
NZD/USD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 0.8494
Retracement (50%) 0.8488
retracement (61,8%) 0.8482
Extensions (61.8%) 0.8546
Extensions (100.0%) 0.8566
Extensions (138.2%) 0.8586
Extensions (161.8%) 0.8598
calculation based on a Fibonacci retracement then today I choose buy
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pair- nzd/usd
chart analysis time frame- m30
http://i59.tinypic.com/29ncye9.jpg
the price movement can see in the channel pattern with having the resistance at 0.8515 and the support at 0.8470. the price is making strong bull candle and move to the resistance side. if its break the 0.8521 level with macd up movement signal then make long entry with take profit at 0.8600
good luck