Pair broke the line another fall is still possible but it's good to wait the re-test then go short from breaking the trend turn to the downside targeting..
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Pair broke the line another fall is still possible but it's good to wait the re-test then go short from breaking the trend turn to the downside targeting..
April 1, 2015 update:
The price of the pair moves starting wave (0.7696) It is noted that the limits of the line the main direction drawn to this wave along the between-level (0.7464) and (0.7509 It is worth mentioning that the current wave goal access to the area (0.7436) and with respect to trades that day will be watching the movement Price among level (0.7455) and level (0.7467) to seize the opportunity of early entry, technical studies indicate that in the case of a sale, the nearest level can be tested is (0.7457) In the case of increased sales to close four hours below this level, the downward trend will continue, On the other hand, in the case of purchases is the closest level to be tested is (0.7514) and in the case of increasing purchases four-hour closing candle above this level, the upward trend will continue, support and resistance levels are as follows: support first (0.7447) - the second support (0.7423) - First resistance (0.7504) - second resistance (0.7538).
NZD USD fell strongly for nearly 80 points, the beginning of the European session on Wednesday afternoon.
It is expected today, the price index of milk or dairy This is where my strategy
A country where agricultural Kuzlnde Mstaqth are dairy export millions of dollars, the previous record for the index
Is a 8.8-% and a negative number would be higher than against the pair.
Technically: the Frame four hours to be the husband of three recent upward trend line Artkazat.
Where the pair managed to break from the day strongly and closed four hours below, currently the price returned
The rise of trying to re-test it and then landing, so the situation remained trades and closures
Candles for four hours minimum rising trend line was broken test will successfully re-pair
Negotiable return for landing and target support around 0.7375 Protein content and associated in the same area prices
Vebo with 61 strong.
Daily Forecast
Pair: NZDUSD
Major Trend: Bullish
Time Frame: H1
Reason: Looks market has penetrated fibo 100. For the moment still leads to the 161.8 fibo resistance at 0.7506 second. For the long term, would be predicted to 261.8 because there is a gap that has not been closed
Recommendation: Buy
daily forecast
Pair: NZDUSD
Major Trend: Bullish
Time Frame: H1
Reason: There are two possibilities. First, the market has not touched the daily pivot point. and the second is the direct market break of resistance at 0.7518
Recommendation: Buy limit at 0.7483 or Buy stop, at 0.7518
The US dollar has trade balance recorded a good drop in more than the deficit of 17%, down from 42.7 billion to 35.4 billion monthly level better than expectations, which had been monitoring the decline deficit to 41.3 billion only on the same level as factory orders rose by 0.2% to monthly level recorded promised after consecutive declines in the past period and better than expectations, which were monitored to decline by 0.4% on the same level
Today the most important markets are looking forward to the event at 3:30 pm GMT Saudi Arabia, where employment figures will be issued and the general unemployment rate and is forecast to stay unemployment rate of 5.5% on a monthly level unchanged while Projections indicate that the record of government non-farm sector added 247 000 jobs over the Finally, last month, will be issued at this time where the average wage is forecast to rise by 0.2% on a monthly basis
Technically able to pair New Zealand dollars from a broken uptrend present on the frame of four hours on the chart as well as 0.7440 support levels but returned immediately after the apostasy and trading Nilai again pail a resurgence of buyers on the scene immediately after the break, and the pair because the back of the trading higher resistance levels and moving averages 30 and 120, which remains a positive outlook on the pair until 0.7550 and 0.7600 resistance levels
Daily Forecast
Pair: NZDUSD
Major Trend: Bullish
Time Frame: H1
Reason: There are 2 possible because the pair still will seek the support pedestal. There are 2 support that will be addressed at 0.7575 / 0.7524 in
Recommendation: Buy limit at 0.7524 / 0.7575
For the New Zealand dollar economic calendar day of any news or strong economic data is expected to affect the pair with the exception of the US Dollar News
Technically enable New Zealand dollar pair of elevation to the expected levels of resistance achieving targets climb by about 90 points or more, is worth mentioning that the reasons for the rise expectations were breakout levels of average movement Simple 120 and 30 in addition to penetrate the uptrend again and pivot above after the false break, and the pair is currently trading at 0.7610 levels and resistance which is expected to make some corrections, then after a strong rise that we saw at the end of trading last week, taking into account that penetrate these levels will lead the pair to further climb to the top
Camarilla pivot point calculation and prediction of daily prices on forex trading
R4 = 0.7482
R3 = 0.7510
R2 = 0.7520
R1 = 0.7529
S1 = 0.7549
S2 = 0.7558
S3 = 0.7568
S4 = 0.7596
PAIR = NZD/USD
TIME= tuesday, april 07, 2015
IF BUY AT= 0.7539
TP = 0.7510
SL = 0.7596
IF SELL AT= 0.7519
TP = 0.7568
SL = 0.7482
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: It is predicted that the market is still going back to the first resistance at 0.7599, due to have been rejected in the first support at 0.7521
Recommendation: Buy
Spoiler: