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NZDUSD

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Torroco

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The nzdusd pair will still go up and it is good to just buy it, graphically, it is certain to go up and focus on buying, don't forget to use a clear target and we will buy at the price of 0.6540
#121 - August 18, 2020, 12:52:57 PM
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Torroco

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Explanation of daily timeframe: daily nzdusd yesterday in the form of a bullish doji, with unclear direction but tends to be bullish  Timeframe explanation H4: 0.654xx and 0.651xx are the price range areas for the breakout of the highs and lows of  Explanation of the M15 timeframe: the trendline is still up so our focus is to buy, wait for the breal high

Wednesday 27 january 2021
Buy limit : 0.72159 -0.719xx
#122 - August 24, 2020, 05:06:55 AM
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« Last Edit: January 27, 2021, 08:41:15 AM by Torroco »

Torroco

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Explanation of the daily timeframe: yesterday's daily candle was a doji in the nzdusd  pair Explanation of the H4 timeframe: our price area for daily resistance support is in the range of 0.655 and 0.651, wait for the break  Explanation of the M15 timeframe: yesterday's daily m15 trendline was down so we will focus on selling

 
#123 - August 25, 2020, 11:18:41 AM
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Torroco

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Nzdusd  Explanation of the daily timeframe: yesterday's candle was strong bullish so we can make sure our focus is buy  Explanation of the H4 timeframe: our resistance support is at 0.666x and 0.661x waiting for a break high to open buy Explanation of the M15 timeframe: the direction of the trendline indicates the price is still rising, waiting for a pullback break high
#124 - August 27, 2020, 02:11:45 PM
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Torroco

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Nzdusd Daily timeframe explanation: this pair is formed bullish and now just focus on buying for today but don't buy right away The explanation of timeframes H4: 0.678xx and 0.674xx is our mother candle range today Explanation of the M15 timeframe: the direction of the trendline is indeed rising, but if it breaks low then we will focus on selling
#125 - September 02, 2020, 09:27:19 AM
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Torroco

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Nzdusd Explanation of the daily timeframe: a bullish doji is a form of this candlestick, there is still no valid information waiting for a break Explanation of the H4 timeframe: the mother candle for today is 0.67xx and 0.66xx as our reference Explanation of the M15 timeframe: the trendline is still pointing upwards which indicates the price is still bullish, waiting for a pullback
#126 - September 06, 2020, 06:26:49 PM
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Torroco

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Nzdusd Explanation of the daily timeframe: bullish half being the form of this candle pair yesterday, we can be sure to follow the trend today Explanation of the H4 timeframe: h4 price range for today is in the area around 0.669xx and 0.665 waiting for a break high Explanation of the M15 timeframe: the condition of the trendline is getting up and narrowing the uptrend is strong, waiting for momentum
#127 - September 10, 2020, 02:01:26 PM
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Torroco

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Nzdusd Explanation of the daily timeframe: yesterday was seen in this pair a bullish doji candle in shape and we will still focus on buying Explanation of the H4 timeframe: the mother candle for today is 0.669xx and 0.663x don't do anything if it hasn't been broken Explanation of the M15 timeframe: the price is still upwards but if it hasn't broken high then don't do anything first
#128 - September 14, 2020, 12:50:41 AM
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Torroco

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Nzdusd Explanation of the daily timeframe: yesterday's candle is in the form of a bullish doji, so today it will continue to rise Explanation of the H4 timeframe: the price area for today is 0.664xx and 0.661xx and wait for a break of the high if you buy Explanation of the M15 timeframe: condition of the m15 trendline is still possible to go up waiting for H4 confirmation
#129 - October 05, 2020, 05:16:32 AM
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Torroco

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Nzdusd  Explanation of the daily timeframe: yesterday's daily candle this pair is a bullish doji so our focus is to buy Explanation of the H4 timeframe: today's price range is 0.665 and 0.661 for the SR line kit  reference Explanation of the M15 timeframe: we will wait for the break of h4 then we will follow the buy near the trendline

 
#130 - October 06, 2020, 08:38:27 AM
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Torroco

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Nzdusd Explanation of the daily timeframe: yesterday's daily candle formed a small bullish with high intensity and we should just focus on buying Explanation of the H4 timeframe: for the price range at 0.703 and 0.700, wait for a break first Explanation of the M15 timeframe: the uptrend is still rising, offset by the high trendline
#131 - November 29, 2020, 09:25:53 PM
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Torroco

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Nzdusd Explanation of the daily timeframe: yesterday's daily candle was bullish engulfing and we will buy after the H4 break Explanation of the H4 timeframe: for h4 today the price ranges are 0.706 and 0.703 and we will wait for one of the breaks first Explanation of the M15: m15 timeframe is still above and the trendline is still rising, waiting for correction
#132 - December 01, 2020, 11:53:30 PM
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Keylevel

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NZD USD is in bullish pressure, seen in the H4 time frame the candlestick is rising and the breakout, CCI is rising


#133 - August 15, 2021, 01:03:54 PM
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Keylevel

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NZD USD tonight is seen under seller pressure, the sell signal is still fresh on H1


#134 - September 22, 2021, 01:22:05 PM
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Albayani

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NZDUSD TECHNICAL ANALYSIS 23-02-2022

Forex Analysis- Technically, I see this NZDUSD pair has entered a price position that is still feasible to take into account its entry point.
Let's look at the following picture of the NZDUSD 1 Hour Time Frame chart pair before we analyze:
NZDUSD in Technical_NZD-23-MAR
Let's analyze it using Price Action (Trader Pressure) analysis. In the market trend, NZDUSD is still in a Bullish/Uptrend condition, but we also have to anticipate a trend reversal if the price breaks the Support area above and also consolidates prices.
In candle history, we can look for Buy entry opportunities, but to be more objective, I will present an analysis for buy or sell entries.
If we look at the chart image above, Buyer pressure (long Green candle) slowly raises the price without being able to be countered by Seller pressure (long Red candle) and forms a Higher Low.
This indicates that it is still the Buyers who dominate the formation of certain price levels. However, we can still find Sell opportunities in this NZDUSD pair.
In the picture, I determined the Resistance area through the line above the price (0.7001 ? 0.6985), for the Support area, we can see through the two lines below the price (0.6941 ? 0.6924).

Here are my entry setup options, you can use them to suit your trading style.
Setup entry for breakout opportunity,
if the price closes the 1 hour candle through the Upper Limit of the Resistance Area (0.7001), then get ready to look for the best entry buy position.
If the price of the hourly candle closes through the Lower Limit of the Support Area (0.6924), then get ready to look for the best sell entry position.
Cut Loss if the 1 Hour Close Candle price is below the lower limit of the resistance area (<0.6985) for buy entries, and above the Upper Support Area (>0.6941) for sell entries. And do a risk ratio of at least 1:1.
And Pullback Setup for SELL position:
The Pullback area uses the Resistance area, if the 1 Hour Close Candle price is in the pullback area, you can take a Sell position and make a Cut Loss if the 1 Hour Close Candle price is above the upper limit of the Pullback area (> 0.7001). Use a risk ratio of at least 1:1 according to the way you trade.
And Pullback Setup for BUY position:
The Pullback area uses the Support area, if the 1 Hour Close Candle price is in the pullback area, you can take a Buy position and do a Cut Loss if the 1 Hour Close Candle price is below the lower limit of the Pullback area (< 0.6924). Use a risk ratio of at least 1:1 according to the way you trade.

Continue to use good money management in every entry for healthy trading continuity, and stay alert to Fake Breakout Candles.
Hopefully this article can be your reference in analyzing the market.
Happy Trading everyone.
#135 - March 23, 2022, 02:08:55 PM
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