Sep 242014
 

4XEagleEye Chart

2014.09.12 [ | ] Weakness in NZDUSD is likely to continue. We see a less chances of an immediate rise on the instrument for short-term technical outlook. Next downside barriers follow (0.8160) at (0.8127) and (0.8095). We will be looking to sell NZDUSD upon any price retracement.

Market Snaphoot 1 Market Snapshots


Summary

Direction

Moving Avg.

Indicators.
75%
Reversal Prob.
Oscillator Candle Harmonic
0.8207 0.8223 0.8245 0.8266 0.8285
0.8160 0.8127 0.8095 0.8065 0.8050
Hourly Alerts
Down Trend 11 Sep 2014 21:09:29 NZDUSD is facing a selling pressure pushing it down as long as it remains below (0.8255) any four hours close below (0.8160) will open the way for the instrument to test the next support level. Any four hours bare close above (0.8255) will change instrument`s direction. Traders should consider selling each rally with a stop loss at (0.8255).
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