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The daily forecasting for AUDCHF pair according to the signals appears on the Henkin Ashi which show a blue candles associated with down 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 sell signal by having a sell cross on them For more confirmation you can get the red signal appears on the trend session indicator For the important level I think the support 0.8238 have a good chance to stop the bearish trend then closing sell position before it could be a wise decission http://bigimage.cz/photos/20010102978394572104658.gif
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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/20010102978399997418396.gif
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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 0.829 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/20010102978421890436945.gif .
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There is a great chance for a bearish trend to be taking place today on the AUDCHF chart and that is according to the price which is currently located on a lower level than the EMA 15 line.
According to the power momentum indicator a high power of the bearish trend is shown and also it can be used as a filter for the entering the sell positions.
For more confirmation we can use the power line indicator which is currently above the 50 level giving us a good upward direction signal as a result.
http://bigimage.cz/photos/20010102978424863142679.gif .
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http://prntscr.com/4y8dre
analysis for today 10 / 21 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle AUDCHF on the date 10 / 20 / 2014
OPEN 0.8293
HIGH 0.8312
LOW 0.8263
CLOSED 0.8279
The third resistance (R3) 0.8312 -( 0.8285 - 0.8263 = 0.0022 x 2 = 0.0043 )= 0.8355
The second Resistance (R2) 0.8285 + 0.8312 - 0.8263 = 0.8334
First resistance (R1) 0.8285 x 2 = 1.6569 - 0.8263 = 0.8306
pivot points 0.8312 + 0.8263 + 0.8279 = 2.4854 / 3 = 0.8285
Support for the first (S1) 0.8285 x 2 = 1.6569 - 0.8312 = 0.8257
Support second (S2) 0.8285 -( 0.8312 - 0.8263 = 0.0049 ) = 0.8236
Third Support (S3) 0.8263 -( 0.8312 - 0.8285 = 0.0027 x 2 = 0.0055 )= 0.8208
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pair- aud/chf
analysis time frame- m15
http://i59.tinypic.com/sbkcp3.jpg
the price is having strong resistance at the 0.8310 level that has been break with strong bull candle. the price is moving to the daily resistance at 0.8355 level. the rsi indicator is showing overbought so correction can expected. hold the long entry with stop loss at 0.8320
good luck
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The price is facing the resistane level at0.8350 that's why I think that the price will fall down to the support level at 0.8300.
http://i.imgur.com/UERR6mp.png
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yes i believe ki agar hard work is market mein kiya jaye to better result hum ko mil sakta hai aur bus itna hume karna hai ki market ki over all sare strategies or fundamental trading system ko recognize kar lena hai aur phir us k baad 1 hi order pe kaam karna chahiye or market mein lotsize bhi kaam rakhna chahiye.yes i believe ki agar hard work is market mein kiya jaye to better result hum ko mil sakta hai aur bus itna hume karna hai ki market ki over all sare strategies or fundamental trading system ko recognize kar lena hai aur phir us k baad 1 hi order pe kaam karna chahiye or market mein lotsize bhi kaam rakhna chahiye.yes i believe ki agar hard work is market mein kiya jaye to better result hum ko mil sakta hai aur bus itna hume karna hai ki market ki over all sare strategies or fundamental trading system ko recognize kar lena hai aur phir us k baad 1 hi order pe kaam karna chahiye or market mein lotsize bhi kaam rakhna chahiye.
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http://prntscr.com/4ybhc2
analysis for today 10 / 21 / 2014
AUD/CHF (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8282
Retracement (50%) 0.8288
retracement (61,8%) 0.8293
Extensions (61.8%) 0.8233
Extensions (100.0%) 0.8214
Extensions (138.2%) 0.8195
Extensions (161.8%) 0.8184
calculation based on a Fibonacci retracement then today I choose sell
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Aud/chf analysis :
date : 10.21.14
time : 19:30 GMT
time frame : 15 min
current rate : 0.8323
high : 0.8361
low : 08257
net change : 0.50%
overall trend : slightly bullish