Thread: Nzd/Chf
buy nzd/chf at the level 0.8500 with targets at 0.8570 and 0.8600, but in case of breaking the level 0.8475, then sell below this level with targets at 0.8435 and 0.8400
---------- Post added at 06:14 PM ---------- Previous post was at 06:11 PM ----------
sorry this for nzd/cad
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The price still moving between pivot 0.7810 and Resistance 0.7870. But i expect price may hit resistance because the trend is still bullish now and to reverse into bearish then the price need to breakdown pivot.
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this pair is acting at the resistance at 0.7850 and it is also overbought in the h4 time frame with stoch and cci indicator. it is now start to make low momentum candles doji and pin bar. it it is close below the 0.7810 we can short this with the target at 0.7769
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date- 15-2-2013
technical pivot point are-
resistance 3 - 0.7981
resistance 2- 0.7916
resistance 1- 0.7875
pivot point- 0.7810
support 1- 0.7769
support 2- 0.7704
support 3- 0.7663
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in the h4 time frame we can see that it is reached to the resistance at 0.7836 . this resistance is not breaks from last two time. this time may be price will again move to down side. if the price is close below the 0.7794 it may be falling to the support at 0.7700
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buy nzd/chf at the level 0.7795 with targets at 0.7850 and 0.7880, but in case of breaking the level 0.7760, then sell below this level with targets at 0.7685 and 0.7650
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.
nzd/chf technical analysis by using : adx
adx : 34.8150
+di : 27.2718
-di : 8.0542
timeframe : 1 hour
date : 14.02.13
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.
date- 14-2-2013
technical pivot point are-
resistance 3 - 0.7836
resistance 2- 0.7794
resistance 1- 0.7771
pivot point- 0.7729
support 1- 0.7706
support 2- 0.7664
support 3- 0.7641
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.
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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