Thread: Nzd/Usd
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analysis for today 5 / 28 / 2014
NZD/USD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.8500
Retracement (50%) 0.8503
retracement (61,8%) 0.8505
Extensions (61.8%) 0.8479
Extensions (100.0%) 0.8471
Extensions (138.2%) 0.8463
Extensions (161.8%) 0.8458
calculation based on a Fibonacci retracement then today I choose sell
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the NZDUSD seems that the direction will be Down about the levels we have a strong support at 0.8538 which may stop the price from going down, But it will also be a good place to sell if the candle closes below it, On the other hand the Level 0.8557 acts as strong resistance which could be considered a strong place to buy from if broken.
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analysis for today 5 / 27 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZD/USD on the date 5 / 26 / 2014![]()
OPEN 0.8544
HIGH 0.8561
LOW 0.8529
CLOSED 0.8551
The third resistance (R3) 0.8561 -( 0.8547 - 0.8529 = 0.0018 x 2 = 0.0036 )= 0.8597
The second Resistance (R2) 0.8547 + 0.8561 - 0.8529 = 0.8579
First resistance (R1) 0.8547 x 2 = 1.7094 - 0.8529 = 0.8565
pivot points 0.8561 + 0.8529 + 0.8551 = 2.5641 / 3 = 0.8547
Support for the first (S1) 0.8547 x 2 = 1.7094 - 0.8561 = 0.8533
Support second (S2) 0.8547 -( 0.8561 - 0.8529 = 0.0032 ) = 0.8515
Third Support (S3) 0.8529 -( 0.8561 - 0.8547 = 0.0014 x 2 = 0.0028 )= 0.8501
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the NZDUSD pair price seems that the direction will be Down about the levels we have a strong support at
0.8529 which may stop the price from going down, But it will also be a good place to sell if the candle closes below it, On the other hand the Level 0.8558 acts as strong resistance which could be considered a strong place to buy from if broken.
pair- nzd/usd
chart analysis time frame- m30
the price is now at the pivot point level 0.8554 level and making a doji pattern followed with bearish candle. if the macd indicator is giving down trend signal then make short entry with the take profit at 0.8525 level with the stop loss at 0.8565
good luck.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
On the daily chart, after having the Deep crab harmonic pattern, a reversal is on-sight. And currently the price is behaving neutralized within an inactive zone. Such a condition is coming to an expectation that having 0.8520 range broken below will result a drop across the market.
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analysis for today 5 / 26 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZD/USD on the date 5 / 23 / 2014
OPEN 0.8568
HIGH 0.8577
LOW 0.8533
CLOSED 0.8555
The third resistance (R3) 0.8577 -( 0.8555 - 0.8533 = 0.0022 x 2 = 0.0044 )= 0.8621
The second Resistance (R2) 0.8555 + 0.8577 - 0.8533 = 0.8599
First resistance (R1) 0.8555 x 2 = 1.7110 - 0.8533 = 0.8577
pivot points 0.8577 + 0.8533 + 0.8555 = 2.5665 / 3 = 0.8555
Support for the first (S1) 0.8555 x 2 = 1.7110 - 0.8577 = 0.8533
Support second (S2) 0.8555 -( 0.8577 - 0.8533 = 0.0044 ) = 0.8511
Third Support (S3) 0.8533 -( 0.8577 - 0.8555 = 0.0022 x 2 = 0.0044 )= 0.8489
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
roobin54 (2014-05-26)
is pasir kay oper pehly amin itni zyda trde nai krta tah lekin aj kal main is ko bhi leanr akrn a shur kar diya hai mery bahi q k is main bhia cha prft mil jata ahi ager is pasir koa chy read kiya jaye to.aur agy main yehi karo ag is mpair main
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Selling the pair at the level of 1.5715 with targets at 1.5550 and 1.5501 in the case of breaking the resistance 1.5759 shall be buying targets at 1.5832 and 1.5905
The short trend for the pair: Down
Expected targets for the day: 1.5650 - 1.5600
This scenario remains in place to continue the stability of the pair below the resistance level: 1.5800
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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