Technical analysis of NZD/USD for August 27, 2014

Overview:

NZD/USD is expected to consolidate with bearish bias after hitting six-month low at 0.8308 on Tuesday. It is undermined by the bullish dollar sentiment, wider-than-expected New Zealand July trade deficit and weak dairy prices; reduced expectations of further rate hikes from the Reserve Bank of New Zealand this year and Kiwi sales on buoyant AUD/NZD cross. But NZD/USD losses are tempered by the NZD-USD interest differential and positive investor risk appetite. The daily chart is negative-biased as MACD and stochastics is bearish, although latter is at oversold zone, five and 15-day moving averages are declining.

Trading recommendations: The pair is trading below its pivot point. It is likely to trade in a lower range as far as it remains below its pivot point. Short position is recommended with the first target at 0.8300. A break of this target will move the pair further downwards to 0.8270. The pivot point stands at 0.8380. In case the price moves in the opposite direction and bounces back from the support level, then it will moves above its pivot point. It is likely to move further to the upside. In that scenario, a long position is recommended with the first target at 0.8435 and the second target at 0.8465.

Resistance levels: 0.8435 0.8465 0.8490

Support levels: 0.8310 0.827 0.8255 

The material has been provided by InstaForex Company - www.instaforex.com
Technical analysis of NZD/USD for August 27, 2014 

Overview:

NZD/USD is expected to consolidate with bearish bias after hitting six-month low at 0.8308 on Tuesday. It is undermined by the bullish dollar sentiment, wider-than-expected New Zealand July trade deficit and weak dairy prices; reduced expectations of further rate hikes from the Reserve Bank of New Zealand this year and Kiwi sales on buoyant AUD/NZD cross. But NZD/USD losses are tempered by the NZD-USD interest differential and positive investor risk appetite. The daily chart is negative-biased as MACD and stochastics is bearish, although latter is at oversold zone, five and 15-day moving averages are declining.

Trading recommendations:
The pair is trading below its pivot point. It is likely to trade in a lower range as far as it remains below its pivot point. Short position is recommended with the first target at 0.8300. A break of this target will move the pair further downwards to 0.8270. The pivot point stands at 0.8380. In case the price moves in the opposite direction and bounces back from the support level, then it will moves above its pivot point. It is likely to move further to the upside. In that scenario, a long position is recommended with the first target at 0.8435 and the second target at 0.8465.

Resistance levels:
0.8435 
0.8465 
0.8490

Support levels:
0.8310
0.827 
0.8255 

The material has been provided by InstaForex Company - www.instaforex.com
from CARLTON NEWTON ---(READ THIS, ALUMS)

Hi all -

Hold the date!

Evening

Friday, October 17, 2014

NYC gathering of current and past VCU Sculpture, Painting, and all interested alumni.

Specific location to be determined and communicated to you in the coming weeks.

Please tell your VCU colleagues, and hold the date open!

Thank you,

Carlton


Carlton Newton
Associate Professor
Sculpture + Extended Media Department
VCUarts
1000 W. Broad Street
PO Box 843005 
Richmond VA 23284-3005 

cell 804.307.8380

804.828.1511 office
804.828.1550 fax

Chicago Police have reported 68-year-old Victor E. Rowe missing from the 5100 block of South Harper Avenue since Monday.
Rowe is described as 6 feet tall, weighing 200 pounds with brown eyes, white hair and light complexion. He is an African American man with the skin condition vitiligo, so his skin color is very light.
He suffers from mental health issues and has not taken his medications. He may show erratic behavior and require medical attention. He has no identification on his person.
Anyone with information about Rowe should call Area Central SVU at 312-747-8380.
Source: http://hpherald.com/2014/08/21/missing-person-2/

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