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Nzd/cad analysis for 08.23.2013 by using pivot indicator.
r3: 0.83430
r2: 0.83046
r1: 0.82666
pivot: 0.82282
s1: 0.81902
s2: 0.81518
s3: 0.81138
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Once in the prediction of several indicators for the technical analysis of currency pairs NZD/CAD on the market today are at the 0.8237 pivot then I recommend you to do the open position BUY with some criteria such as the following
You put a take profit at 0.8268 positions
You put a stop loss at 0.8208 positions
Support and resistance at (R3=0.8329), (R2=0.8298), (R1=0.8267), (Pivots=0.8237), (S1=0.8199), (S2=0.8159), (S3=0.8124)
For long-term targets remain BUY with a target of 50 pips profit
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.
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.
today i like to buy this pair @ 0.8229
my stop loss of the day @ 0.8200
half take profit for today @ 0.8244
and further half take profit @ 0.8259
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on currency pairs NZD/CAD I have predicted that there is a signal BUY in the time frame H1
because I was referring to the indicator fibbonaci to see support and resistance at R3=0.8327, R2=0.8298, R1=0.8267, Pivots=0.8237, S1=0.8204, S2=0.8169, S3=0.8133
so I suggest to perform the requisite order BUY to
Take Profit 0.8267 and Stop Loss 0.8207
a target is likely to move by 120 pips
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The following data is predicted based on indicators that we use for the currency pair NZDCAD today, for today's resistance levels as follows: RI (0.8286) R II (0.8325) R III (0.8355). and to this day support levels as follows: SI (0.8174) S II (0.8151) S IIII (0.8099)
recommendation:
place your sell stop at 0.8218 target profit at 0.8198 (Seller zones)
place your buy stop at 0.8258 profit target at 0.8278 (buyer zone)
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The NZD/CAD In line 4H There are two consecutive summits
every top of the low of her next summit is
an indication of the low is uncertain,
and I expect his arrival to the support line at
the point of 0.8216 and buying at this point
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Of observations by the method of technical analysis I have seen of the currency pairs NZD/CAD and indicators that I use is the Bollinger Bands and fibbo.
It is seen that the position of the forex market are on point 0.8218 and there is support and resistance on the (R3=0.8334), (R2=0.8303), (R1=0.8267), (Pivots=0.8237), (S1=0.8204), (S2=0.8166), (S3=0.8132)
then I highly recommend you to open position BUY with
Take Profit is equal to 0.8248 as well as Stop Loss at point 0.8188
so that the target pips for today I think is at 150 pips
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