NZD USD

[Samirofi]

NZD USD surpasses another barrier 08/08/2013



The pair managed to breach 0.7920 level and settled with a daily close above it, reinforcing the bullish overview on the intraday and short term basis, while our next target is at 0.8060

EMA50 supports the expected bullish trend, which remains valid conditioned by holding above 0.7880

Expected trading range for today is between: 0.7880 support and 0.8160 resistance.

Expected trend for today: Bullish

[Samirofi]

NZD USD approaches the target 09/08/2013



The pair approached from our first target at 0.8060, affected by Stochastic negativity which attempts to gain positive momentum now.

In general, we are continuing in preferring the bullish trend, which is supported by the EMA50, and the targets begin by surpassing 0.8060 to head towards 0.8205, while achieving them requires holding above 0.7895


Expected trading range for today is between: 0.7895 support and 0.8160 resistance.

Expected trend for today: Bullish

[PCMAnalyst]

As we can see the price is on down trend bias and currently it has stroke the trend line. We are expecting it to rise by breaking through 0.8130 resistant.

[Samirofi]

Midday update for NZD USD 12/08/2013



The pair is testing 0.8000, and keeps the stability above it, and that supports the continuation of our suggested bullish trend expectations for today, which remain valid conditioned by the stability above 0.7920

Expected trading range for today is between: 0.7950 support and 0.8205 resistance.

Expected trend for today: Bullish

[Samirofi]

NZD USD tests the moving average 13/08/2013



The pair trades near the EMA50 that forms support line now at 0.7960, which protects the overall positive overview.

Therefore, the bullish trend will remain valid and active, supported by stochastic reaching the oversold area, noting that the continuation of the bullish trend depends on stability above 0.7920

Expected trading range for today is between: 0.7920 support and 0.8205 resistance.

Expected trend for today: Bullish

[Samirofi]

NZD USD negotiates the resistance 15/08/2013



The pair attempting to breach the key resistance level 0.8060, which represents the key to confirm the bullish trend towards the next target at 0.8205

Therefore, the bullish trend remains valid for today, supported by the EMA50, while the extended targets go to 0.8385

Expected trading range for today is between: 0.7980 support and 0.8205 resistance.

Expected trend for today: Bullish

[Samirofi]

NZD USD leans on the support base 19/08/2013



The pair resumed the positive trading after settling above 0.8060, to continue with our positive overview efficiently, supported by the EMA50, while we are waiting for targets that surpass 0.8205 barrier to reach 0.8385

Breaking below 0.8020 followed by 0.7950 will turn the intraday trading into the downside.

Expected trading range for today is between: 0.8020 support and 0.8270 resistance.

Expected trend for today: Bullish

[Samirofi]

NZD USD visits the channel’s support 20/08/2013



The pair found good resistance at 0.8160, which forced it to bounce lower to approach from the bullish channel’s support at 0.7945, where holding above this support represents a key factor for the continuation of the expected bullish wave in our recent reports.

Stochastic provides oversold signals that encourage us to continue preferring the bullish trend which targets mainly 0.8205 levels.

Expected trading range for today is between: 0.7920 support and 0.8205 resistance.

Expected trend for today: Bullish

[PCMAnalyst]

We can see an inverted ab=cd harmonic pattern, and by 27^th August it’s time will be fulfilled. We expect to see the price rises if everything goes properly.

[PCMAnalyst]

As we can see the price is rising after the upper channel has been broken in the H4 TF. As long as the price holds above the channel, still bullish price action is expected.