Hello Guest, if you are reading this it means you have not registered yet. Please take a second, Click here to register, and in a few simple steps you will be able to enjoy all the many features of our fine community. Note that lewd or meaningless nicknames are prohibited (no numbers or letters at random) and please introduce yourself in the section for you to meet our community.
100-bonus-benefit
pcm brokers pcm brokers
Page 1 of 5 123 ... LastLast
Results 1 to 10 of 42

Thread: AUD NZD

  1. #1
    Moderator
    Join Date
    Jun 2013
    Location
    dubai
    Posts
    1,090
    Post Thanks / Like
    Credits
    11,397
    My Language
    English

    AUD NZD

    time : monthly

    pattern :

    reciprocal ab=cd- shark - butterfly- ab=cd

    Last edited by PCMAnalyst; 07-10-2013 at 07:19 PM.

  2. #2
    Moderator
    Join Date
    Jun 2013
    Location
    U.A.E
    Posts
    3,718
    Post Thanks / Like
    Credits
    25,574
    My Language
    English

    AUD NZD

    Here technical analysis of AUD/NZD will be inserted.

  3. #3
    Moderator
    Join Date
    Jun 2013
    Location
    U.A.E
    Posts
    3,718
    Post Thanks / Like
    Credits
    25,574
    My Language
    English

    AUD/NZD (4 Hours) - July 11th , 2013

    As you can see the AUD/NZD is still trading inside a bearish long term Fibonacci fan. After it failed to cross the resistance level around 1.1746 and to enter the upper channel, it continued to decline. According to the Moving Average further losses below the close support level are possible although the Stochastic assumes the exact opposite.



  4. #4
    Golden Trader
    Join Date
    Jun 2013
    Location
    www.instagram.com/fxcma
    Posts
    2,489
    Post Thanks / Like
    Credits
    8,292
    My Language
    English
    New Zealand`s Treasury said today that every 1% in the Chinese gross domestic product correlates to an increase in New Zealand`s GDP of 0.2% to 0.4%. The report stated that estimated growth spillovers are mainly greater from the United States economy than from the Chinese economy, despite China`s increasing importance in the global economy.

    Today`s report said that China`s impact on global commodity prices has been increasing over time, and growth in China has a very strong effect on aluminum and dairy price inflation.

    Yet, today`s report was relying on data in the ten years ending 2011; however, there are recent indicators including China`s demand for New Zealand`s dairy products, are indicating the increasing role of China in the near future. Improvements in the Chinese economy became more important for New Zealand, and China`s monetary policy makers` decisions can somehow affect New Zealand GDP.

  5. #5
    Moderator
    Join Date
    Jun 2013
    Location
    U.A.E
    Posts
    3,718
    Post Thanks / Like
    Credits
    25,574
    My Language
    English

    AUD/NZD (4 Hours) - 18 July , 2013

    As you can see, the AUD/NZD is still trading inside a bearish long term Fibonacci fan as well as a sideways movement mostly between the resistance level around 1.1732 and the support level around 1.1655. After it had failed to cross the resistance level around 1.1981, the rate dropped below the bearish fan before entering the fan again. It continued to decline. According to the OsMA and the Stochastic further losses below the close support level are possible.



  6. #6
    Moderator
    Join Date
    Jun 2013
    Location
    dubai
    Posts
    1,090
    Post Thanks / Like
    Credits
    11,397
    My Language
    English
    pattern :

    bat


  7. #7
    Moderator
    Join Date
    Jun 2013
    Location
    dubai
    Posts
    1,090
    Post Thanks / Like
    Credits
    11,397
    My Language
    English
    By snapping the price to the upper bullish channel, the price reversal is what we are looking at in the H4 TF. What expected by increasing of supply in the market is having a drop to the lower channel to 1.1390 range.


  8. #8
    Moderator
    Join Date
    Jun 2013
    Location
    dubai
    Posts
    1,090
    Post Thanks / Like
    Credits
    11,397
    My Language
    English
    Quote Originally Posted by PCMAnalyst View Post
    By snapping the price to the upper bullish channel, the price reversal is what we are looking at in the H4 TF. What expected by increasing of supply in the market is having a drop to the lower channel to 1.1390 range.


    As continues from the previous comment, the lower channel is being violated. We expect to see the price continue to decline after the breaking through of 1.1330. the expectation rises on bullish case if 1.1410 hurdle breaks above.


  9. #9
    Moderator
    Join Date
    Jun 2013
    Location
    dubai
    Posts
    1,090
    Post Thanks / Like
    Credits
    11,397
    My Language
    English
    Quote Originally Posted by PCMAnalyst View Post
    As continues from the previous comment, the lower channel is being violated. We expect to see the price continue to decline after the breaking through of 1.1330. the expectation rises on bullish case if 1.1410 hurdle breaks above.


    Result:


  10. #10
    Moderator
    Join Date
    Jun 2013
    Location
    dubai
    Posts
    1,090
    Post Thanks / Like
    Credits
    11,397
    My Language
    English
    As you see in the following image on the H4 TF, we are witnessing a reversal by the price after a shark pattern and a positive divergence are formed simultaneously. We are expecting a bullish move by having the down trend line broken around 1.1375.


 

 
Page 1 of 5 123 ... LastLast

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Powered by vBulletin® Version 4.2.4
Copyright © 2017 vBulletin Solutions, Inc. All rights reserved.
Credits System provided by vBCredits II Deluxe v2.1.1 (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.
Feedback Buttons provided by Advanced Post Thanks / Like v3.3.0 Patch Level 2 (Lite) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd. Runs best on HiVelocity Hosting.
All times are GMT +4. The time now is 03:49 PM.
CompleteVB skins shared by PreSofts.Com