-
The daily forecasting for AUDCHF pair according to the signals appears on the Henkin Ashi which show a blue candles associated with up direction arrow then it is clear that we may have a bullish trend for the coming day On taking a look on the T3-Clean and the Snake indicators then you can indicate a buy signal by having a buy cross on them For more confirmation you can get the blue signal appears on the trend session indicator For the important level I think the resistance 0.8347 have a good chance to stop the bullish trend then closing buy position before it could be a wise decission http://bigimage.cz/photos/20010101978309388164788.gif
-
AS you can see on the NZDCHF pair there are a bullish intersection between EMA 9 and EMA 152 which can be a good signal for a starting of bullish trend.
About the Histogram indicator there are a buy signal shown on it by getting the Green line which is come above the 0 level of Histogram.
Now checking the market emotions indicator can indicate a bearish signal by showing the red color which mean that the price have a negative emotions at this moment.
The line of Guru Angel indicator is clearly moving above the level 0 to show a Green line which can be considered as a support for the bullish direction.
Going north is my favorite guess for the current day to reach the next resistance above the price which can be found at 0.7565 then according to that buy orders is now recommended over selling as long as there is no opposite signals is shown http://bigimage.cz/photos/20010101978310512181186.gif
-
The NZDCHF chart shows that the price currently is moving ABOVE the MBFX indicator's grey line and it is a resistance area On looking at the last signal on vestro indicator there is a bullish saturation signal by going towards +100 level that may be a good indication to go south for now When you want to enter short so you can target the next level of support of the MBFX indicator at 0.7507 as first take profit and 0.7513 as your final target All of this means that in case of the price didn't reach 0.7493 and it can be used as stoploss for your sell trades .
http://bigimage.cz/photos/20010101978313652859013.gif
-
The blue line of the golden tendency string indicator proves that a bullish trend is going to take place on our chart the NZDCHF also there is another upward direction signal appears which is indicated by the golden finger indicator as a blue dot at the bottom of golden super k indicator’s candle which is blue While on the other hand according to the MACD indicator a bullish trend would be taking place since the signal provided by the MACD is a buy cross over the 0 level which is a good buy signal.
The 4up signals shown by the golden varitey indicator shows which means a bullish signal and thus a strong upward trend As for the take profit I think the resistance located at the position 0.7543 would be the best position as it’s the strongest resistance near the price.
http://bigimage.cz/photos/20010101978315125170481.gif
-
http://prntscr.com/4xvrpj
analysis for today 10 / 20 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle AUDCHF on the date 10 / 17 / 2014
OPEN 0.8252
HIGH 0.8297
LOW 0.8238
CLOSED 0.8274
The third resistance (R3) 0.8297 -( 0.8270 - 0.8238 = 0.0032 x 2 = 0.0063 )= 0.8360
The second Resistance (R2) 0.8270 + 0.8297 - 0.8238 = 0.8329
First resistance (R1) 0.8270 x 2 = 1.6539 - 0.8238 = 0.8301
pivot points 0.8297 + 0.8238 + 0.8274 = 2.4809 / 3 = 0.8270
Support for the first (S1) 0.8270 x 2 = 1.6539 - 0.8297 = 0.8242
Support second (S2) 0.8270 -( 0.8297 - 0.8238 = 0.0059 ) = 0.8211
Third Support (S3) 0.8238 -( 0.8297 - 0.8270 = 0.0027 x 2 = 0.0055 )= 0.8183
-
About the NZDCHF you can see a sell signal apears above the price which you can recognise it via Yellow and orange point Also the price heads towards the resistance of TMA channel indicator which you see it as the red line which is a good bearish signal And on the timing indicator located below the chart there is a buy signal due to the green line and it is located near the level of 70 By the previous givens selling is the part that I will choose targeting the support level of TMA indicator colored by green as soon as I can get a confirmation from timing indicator http://bigimage.cz/photos/20010101978318289151802.gif
-
The ZigZag indicator is drawing a bottom on the AUDCHF chart which means that there is a very good chance for the price to move upward in the next few hours Additionally the price for now is near the up edge of the Donchin band indicator which is means that it is having a hard time if it will move upward A upward direction is most likely to take place when the price crosses the level 0.8315 resistance which is represented by the red dots and it is preferred to wait the 2 SMA indicators to give a buy cross and then it will be the best time to enter a buy trades If the price goes for the opposite direction downward direction the stoploss at support 0.829 would be the best choice for now .
http://bigimage.cz/photos/20010101978321126199933.gif
-
When we take a look on the chart of the AUDCHF chart we can find that there is a up blue arrow below the price and that indicates that a bullish trend is going to happen also the buy cross between the snake and T3_Clean assure that for us We can use the 0.839 resistance as a take profit to cut down the losses if the price goes for the reverse direction or if the price reaches it and still going resistance in this case the price will keep buying and if the price started to go to the other direction i think that the support of 0.8195 can be considered as a good stop loss For now buying is the best choice as long as there are not any opposite sell signal or appearing of a red down arrow http://bigimage.cz/photos/20010101978322667149793.gif .
-
By using the AUDCHF hour chart we can have bullish channel and a yellow color of the moving average that means the price is falling up for the current period.
the price will keep falling up till it reach the first daily pivot resistance at the price of 0.8271 as The market opened at a higher values than the daily pivot point at 0.8288 and that only we didn't have any opposite downward signals from the WPR indicator.
For the day we can keep buying till the next resistance at 0.8306 as it is a very strong resistance level.
http://bigimage.cz/photos/20010101978324733531443.gif
-
A bullish trend seems to be taking place today on the AUDCHF pair and that’s according to the green color shown by the Super trend indicator determining by that the main market direction.
A buy signal is indicated from the Nonlog dot indicator and that is by giving us a blue colored dot.
I prefer to wait for the Nonlog indicator till it shows a confirmation then i do think that the buy trades would be taking place more frequently since the signals are currently showing us a strong bullish trend.
For the exit plan I think waiting for the price to hit the support 0 would be the best choice or we can always wait for the super trend to change its color to red either way that can only mean that the bullish trend is over and we should be ready for the price to be heading for the opposite direction .
http://bigimage.cz/photos/20010101978335517339431.gif .
