Nzd/Usd

Since the price is below the EMA indicator signal on the NZDUSD chart i do think that the price would be forming a bearish trend for the rest of the day.
The RSI indicator however shows a sell signal because of the line which currently reside a position below the 35 line.
For more confirmation i believe that the green lines which are going down would tell us that the bears are the ones controlling the market at the moment and it would be wise to take that into consideration.
Summing all that up the bears would be a really good choice for us to follow but that of course until we face an opposite buy signal to get out of the trade that of course when the price becomes located over the wave in the EMA indicator.
http://bigimage.cz/photos/20010101978308432338604.gif .

Monitoring the NZDUSD chart today I realized that a bearish trend is taking place and that’s because of the red arrow shown on the chart also the price 0.8 which is considered a top is a matter of fact the strong resistance preventing the price from penetrating it and heading above it and that is of course if the trend kept heading strongly in the bearish direction.
The parabolic sar dots however is currently appearing below the candle sticks meaning the price would be heading up for quite some time.
If we are to be taking selling trades as the main trades then the support 0.791 would be the best as initial taking profit position and also there is a great chance for the price to head north after reaching it.
http://bigimage.cz/photos/20141017141349909478689.gif .

On the NZDUSD hourly chart we can see that a strong bearish trend is happening as the Blade oscillator is now at the 0.0014 area below the level of balance and also the indicator is colored in red that is a strong indication of bearish direction on the short term. Another sell signal is shown on the moving average indicator as it is heading downward to let me think that the last top performed at 0.7922 could be a good place to set any sell position's stop loss level at. http://imagez.me/photos/20141019141376054908758.gif

As you can see on the NZDUSD now there are a sell cross on the Snake and the T3-Clean indicators Also there are a bearish signal showing on Henkin Ashi candles as it is a red for the last candle in addition that you can see a down trend arrow showing before The trend session indicator is at red stage which is also a good bearish signal for the short term According to the past three signals I can think we could get a bearish trend for the next day targeting the area of 0.7875 as the first good support is located which can be used as a safe place for closing the sell positions or at least on it to see how the price will deal with it http://bigimage.cz/photos/20010101978309415177742.gif

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analysis for today 10 / 20 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZD/USD on the date 10 / 17 / 2014
OPEN 0.7954
HIGH 0.7967
LOW 0.7877
CLOSED 0.7919

The third resistance (R3) 0.7967 -( 0.7921 - 0.7877 = 0.0044 x 2 = 0.0088 )= 0.8055
The second Resistance (R2) 0.7921 + 0.7967 - 0.7877 = 0.8011
First resistance (R1) 0.7921 x 2 = 1.5842 - 0.7877 = 0.7965
pivot points 0.7967 + 0.7877 + 0.7919 = 2.3763 / 3 = 0.7921
Support for the first (S1) 0.7921 x 2 = 1.5842 - 0.7967 = 0.7875
Support second (S2) 0.7921 -( 0.7967 - 0.7877 = 0.0090 ) = 0.7831
Third Support (S3) 0.7877 -( 0.7967 - 0.7921 = 0.0046 x 2 = 0.0092 )= 0.7785

On the NZDUSD today after drawing a bottom using the zigzag indicator there is a good chance for price to be heading up in the upcoming hours The price currently is a having a hard time moving upward and that’s because of its position which is currently near the up edge of the Donchin band Once the price crosses the resistance level 0.7965 which is represented by red dots on the chart a upward direction is likely to take place.
Waiting for the SMA indicators to cross and give us a buy cross would be a wise choice to increase the chances for a better entry for a buy trade But if the price headed for the opposite direction which is downward at the moment then without doubt 0.791 would be the best support level now .
http://bigimage.cz/photos/20010101978321158853387.gif

the up blue arrow located below the price determines that a bullish trend is taking place at the moment on the NZDUSD pair also the buy cross taking place between the snake and T3_clean verifies it even more the resistance 0.7985 is a strong level and it could be used as a take profit level to minimize the losses if the price headed the opposite direction or if it got penetrated and kept heading up then the price will keep buying On the other hand a strong stop loss level could be initiated at the support of the price 0.7875 I think buying would be the wisest decision at the moment unless another opposite sell signal is formed or if a red down arrow appears http://bigimage.cz/photos/20010101978322691634475.gif .

Daily forecast: NZDUSD 20 Oct. 2014.

Technical analysis for Daily forecast of NZDUSD 20 October, 2014. In Daily chart NZDUSD shows bullish trend. At present NZDUSD above the pivot point and going towards the 1st resistance level. If 1st resistance level breaks then next strong resistance level is 0.81025.

Pivot: 0.79208

Resistance levels

R1 0.79660
R2 0.80122
R3 0.80574
R4 0.81025

Support levels

S1 0.78746
S2 0.78294
S3 0.77832
S4 0.77369
Attachment 11918

On the NZDUSD hourly chart we can see a Bearish channel also we can see the yellow color of the Moving average indicator that means that the price is moving up for the current time.
The market started today at a higher levels than the daily pivot point at 0.7919 and due to the data we mentioned before the price may continue to go up till it hits the first daily pivot resistance which located at 0.7941 also if the WPR indicator does not show an opposite downward signals.
If we reach our target we can keep buying till the 0.7963 resistance that is very strong resistance level to reach till the end of the day.
http://bigimage.cz/photos/20010101978324757151665.gif

On the chart of the USDCHF there is a main up trend signal as the 2 EMA 5 and 6 are moving Above the slow EMA of 35 and if the other indicators confirm a bullish direction then i will go for buy positions.
For the Parabolic sar indicator there a dot below the candles that indicates a upward direction in addition to that we can see a buy signal on the MACD indicator that is moving above the level 0 beside that the CCI line is located at the Higher level to perform a upward signal.
As a conclusion and according to the EMA locations buy positions are my choice for today unless the price shows an opposite bearish signals.
http://bigimage.cz/photos/20010101978335298190493.gif .