Nzd/Usd

[Ramzy.hassan]

On the NZDUSD today after drawing a bottom using the zigzag indicator there is a good chance for price to be heading up in the upcoming hours The price currently is a having a hard time moving upward and that�s because of its position which is currently near the up edge of the Donchin band Once the price crosses the resistance level 0.7965 which is represented by red dots on the chart a upward direction is likely to take place.
Waiting for the SMA indicators to cross and give us a buy cross would be a wise choice to increase the chances for a better entry for a buy trade But if the price headed for the opposite direction which is downward at the moment then without doubt 0.791 would be the best support level now .

[ANDRIAS]

http://prntscr.com/4xvqzu
analysis for today 10 / 20 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZD/USD on the date 10 / 17 / 2014
OPEN 0.7954
HIGH 0.7967
LOW 0.7877
CLOSED 0.7919

The third resistance (R3) 0.7967 -( 0.7921 - 0.7877 = 0.0044 x 2 = 0.0088 )= 0.8055
The second Resistance (R2) 0.7921 + 0.7967 - 0.7877 = 0.8011
First resistance (R1) 0.7921 x 2 = 1.5842 - 0.7877 = 0.7965
pivot points 0.7967 + 0.7877 + 0.7919 = 2.3763 / 3 = 0.7921
Support for the first (S1) 0.7921 x 2 = 1.5842 - 0.7967 = 0.7875
Support second (S2) 0.7921 -( 0.7967 - 0.7877 = 0.0090 ) = 0.7831
Third Support (S3) 0.7877 -( 0.7967 - 0.7921 = 0.0046 x 2 = 0.0092 )= 0.7785

[ali90]

As you can see on the NZDUSD now there are a sell cross on the Snake and the T3-Clean indicators Also there are a bearish signal showing on Henkin Ashi candles as it is a red for the last candle in addition that you can see a down trend arrow showing before The trend session indicator is at red stage which is also a good bearish signal for the short term According to the past three signals I can think we could get a bearish trend for the next day targeting the area of 0.7875 as the first good support is located which can be used as a safe place for closing the sell positions or at least on it to see how the price will deal with it

[troykilson]

On the NZDUSD hourly chart we can see that a strong bearish trend is happening as the Blade oscillator is now at the 0.0014 area below the level of balance and also the indicator is colored in red that is a strong indication of bearish direction on the short term. Another sell signal is shown on the moving average indicator as it is heading downward to let me think that the last top performed at 0.7922 could be a good place to set any sell position's stop loss level at.

[aliali1]

Monitoring the NZDUSD chart today I realized that a bearish trend is taking place and that�s because of the red arrow shown on the chart also the price 0.8 which is considered a top is a matter of fact the strong resistance preventing the price from penetrating it and heading above it and that is of course if the trend kept heading strongly in the bearish direction.
The parabolic sar dots however is currently appearing below the candle sticks meaning the price would be heading up for quite some time.
If we are to be taking selling trades as the main trades then the support 0.791 would be the best as initial taking profit position and also there is a great chance for the price to head north after reaching it.
.

[ralf]

Since the price is below the EMA indicator signal on the NZDUSD chart i do think that the price would be forming a bearish trend for the rest of the day.
The RSI indicator however shows a sell signal because of the line which currently reside a position below the 35 line.
For more confirmation i believe that the green lines which are going down would tell us that the bears are the ones controlling the market at the moment and it would be wise to take that into consideration.
Summing all that up the bears would be a really good choice for us to follow but that of course until we face an opposite buy signal to get out of the trade that of course when the price becomes located over the wave in the EMA indicator.
.

[hatrik]

As you can see on the NZDUSD chart in front of us the blue line�s position in the moment indicator is below the red line which means a good selling signal should be occurring also the red color shown in the oracle strength indicator means that a downwards direction signal is going to take place.
The oracle direction indicator could serve as a filtering tool with the red colors shown on the arrows meaning that a downward signal would be taking place in short term trades.
Summing all that up in my opinion I do think that the trend would be taking a downward direction but that can only happen if the moment sell cross was taking place on the chart And as long as the ATR indicator keeps showing selling signals then without doubt the sell trades would be a better choice for entry.
.

[halloiasan]

As you can see on the NZDUSD chart in front of you the price direction is bearish and that is because of the down channel taking place According to the Donchin channel on the chart the bottom side of the channel was the last level to be hit by a candle which means that if a trade is to opened now a buy order would be recommended and the high side would be considered as a take profit As for the Awesome oscillator's signs it appears that the trend is going to be bearish one and that is because the Awesome oscillator is giving a red sign below the 0 level Also the stostatic is makes a sell cross near the 20 th level which means a bearish trend will be taking place As a conclusion I recommend a buy order as soon as you get a confirmation from the stostatic and the awesome oscillator targeting the high level of the Donchin cannel

[RaKalan]

New Zealand dollar against the greenback stable above the level of 0.7905, which represents the most important factor that keeps the upward trend likely term intraday and short term, pending a re-test the level of 0.8110 initially, with the reminder that the breach of this level represents an important key to confirm the continuation of the upward trend in the long the longest, and which aims to stop the downward pressure correction, which dominated the recent trade.
Therefore, it will be positive scenario based and effective unless it achieves a fraction of the price level of 0.7905 and settle without it.
The trading range for today is between: Support and resistance 0.7870 0.8115

[ANDRIAS]

http://prntscr.com/4wys3k
analysis for today 10 / 17 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle NZD/USD on the date 10 / 16 / 2014
OPEN 0.7986
HIGH 0.7996
LOW 0.7885
CLOSED 0.7953

The third resistance (R3) 0.7996 -( 0.7945 - 0.7885 = 0.0060 x 2 = 0.0119 )= 0.8115
The second Resistance (R2) 0.7945 + 0.7996 - 0.7885 = 0.8056
First resistance (R1) 0.7945 x 2 = 1.5889 - 0.7885 = 0.8004
pivot points 0.7996 + 0.7885 + 0.7953 = 2.3834 / 3 = 0.7945
Support for the first (S1) 0.7945 x 2 = 1.5889 - 0.7996 = 0.7893
Support second (S2) 0.7945 -( 0.7996 - 0.7885 = 0.0111 ) = 0.7834
Third Support (S3) 0.7885 -( 0.7996 - 0.7945 = 0.0051 x 2 = 0.0103 )= 0.7782