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pair- nzd/usd
analysis time frame- m15
http://i57.tinypic.com/1jxp2o.jpg
the price is making head and shoulder chart pattern with having resistance at 0.7925 level and nick line of support at 0.7885 level that has been break. the rsi is showing oversold so correction and pull back can expected. short with profit target at 0.7813 level and stop loss at 0.7928
good luck.
27.11.2014 7:07 NZDUSD
NZDUSD: growth against the background of a decline in foreign trade deficit in New Zealand
Buy on a level breakthrough of 0.7920 with 0.7975 target. Stop loss = 0.7870.
Reason for the trading strategy
In October, the merchandise trade deficit in New Zealand fell from 1.367 billion to 908 million. The growth in the trade balance, which is part of the country's GDP will support the exchange rate of the Kiwi. On a resistance level breakthrough of 0.7920, opening long positions on the Kiwi is worth considering.
NZDUSD, H4
https://www.exness.com/2014/11/27/nzdusd.png
Daily Forecast
Pair: NZDUSD
Major Trend: Bearish
Time Frame: H1
Reason: bearish candle has formed, and the indicator RSI, Stochastic and MACD has confirmed Sell position. To this day, the pivot point is at 0.7883 price, predictable price can touch Weekly Support 1 at the price of 0.7798. However, then the price will go to the daily pivot point.
Recommendation: Sell with a target of 0.7813 or buy limit at 0.7800
pair- nzd/usd
analysis time frame- m15
http://i58.tinypic.com/290x4ko.jpg
the price is break the down trend channel pattern at the resistance 0.7840 level and moving up side. the rsi is moved at the overbought level 70. its again movement in major trend can expected. short with profit target at 0.7815 level and stop loss at 0.7873
good luck.
I don't think that the price will can break the support level at 0.7825 that's why I think that we should look only for long opportunities.
http://i.imgur.com/61pnlue.png
On the NZDUSD chart for today the price appears to move in downward trend as a red dots appear above the bars and as the price still lower than the strong resistance of 0.797 which is also the weekly pivot point and it is likely for the price to keep going south unless it hit the weekly pivot support at 0.7802 On the other hand if the price breaks the 0.797 resistance and also get a bullish signals by a blue colored dots it is expected to keep going north till the 0.8056 resistance as the next weekly pivot level.
http://bigimage.cz/photos/20141130141737564143578.gif .
pair- nzd/usd
analysis time frame- m15
http://i62.tinypic.com/2kr3a8.jpg
the price is having resistance at the 0.7864 level and may rejecting down side. the rsi is also showing overbought as its level 70. if the price break pivot point 0.7845 level then short with profit target at 0.7800 level and stop loss at 0.7878
good luck.
On the NZDUSD Chart there is a down channel so it is expected from the price to keep moving downward When the price touches the upper edge of donchain channel it is considered as a signal of going down By checking the awesome oscillator there is a green bar above the level of 0 which indicates a buy signal for the current time.
On the stostatic there is a bullish signal by having a buy cross and the lines approaches the 80 th level.
From previous data bearish is most likely to happen then you can target low level of the donchain channel and if you wait to get a confirmation from the awesome oscillator that can raise the chance for good sell trades.
http://bigimage.cz/photos/20141201141744028210057.gif
We can notice that there is a bullish cross now on the NZDUSD chart between the EMAs 9 and 152 which indicates that the price could go north in few hours.
Also if we notice the Histogram indicator we can find that it forms a green line to form a bullish signal by located over the 0 level of the Histogram indicator.
There is another green line is found on checking the Market Emotion indicator that is a good sign to start to rise for higher levels on the NZDUSD The slope is moving above the level of 0 as the Guru Angel indicator shows also the green color indicates a bullish direction.
As we can notice the price may go north to reach the next resistance at the next few hours so I recommend a 0.7933 in the next few hours so it is recommended to enter buy orders as the indicators still showing the same signals.
http://bigimage.cz/photos/20141201141744212128892.gif
analysis for today 12 / 2 / 2014
NZD/USD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.7856
Retracement (50%) 0.7863
retracement (61,8%) 0.7869
Extensions (61.8%) 0.7797
Extensions (100.0%) 0.7774
Extensions (138.2%) 0.7751
Extensions (161.8%) 0.7738
calculation based on a Fibonacci retracement then today I choose sell
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