Forex Zone - Forex Forum

NZDUSD

Discussion started on Technical

  • Sr. Member
  • Posts: 364
  • Points: 0
  • Likes Received: 8
  • Reputation: +2/-0
For the NZDUSD pair, prices are still visible and the trend is up on the H4 timeframe as a direction, and indeed we should only focus on buying only under these conditions, the price range we can take is at 0.6538 - 0.6579 and wait for a fractal to form at the M15 timeframe and M30
#106 - July 15, 2020, 08:06:45 AM
Attachments:

  • Sr. Member
  • Posts: 364
  • Points: 0
  • Likes Received: 8
  • Reputation: +2/-0
For the NZDUSD pair, prices are still visible and the trend is up on the H4 timeframe as a direction, and indeed we should only focus on buying only under these conditions, the price range we can take is at 0.6558 - 0.6589 and wait for a fractal to form at the M15 timeframe and M30
#107 - July 15, 2020, 09:10:22 PM
Attachments:

  • Sr. Member
  • Posts: 364
  • Points: 0
  • Likes Received: 8
  • Reputation: +2/-0
For the NZDUSD pair, prices are still visible and the trend is up on the H4 timeframe as a direction, and indeed we should only focus on buying only under these conditions, the price range we can take is at 0.6538 - 0.6577 and wait for a fractal to form at the M15 timeframe and M30
#108 - July 16, 2020, 11:17:41 AM
Attachments:

  • Sr. Member
  • Posts: 339
  • Points: -5
  • Likes Received: 42
  • Reputation: +1/-0
Bollinger bands in the nzdusd pair are still trending up and we will continue to focus on rising prices around 0.6581 because in that area we will continue the downward trend and follow the big trend, wait for the doji candle on tf h1 see also the wave

 
#109 - July 17, 2020, 10:30:21 AM
Attachments:

  • Sr. Member
  • Posts: 339
  • Points: -5
  • Likes Received: 42
  • Reputation: +1/-0
Bollinger bands in the nzdusd pair are still trending up and we will continue to focus on rising prices around 0.6557 because in that area we will continue the downward trend and follow the big trend, wait for the doji candle on tf h1 see also the wave
#110 - July 19, 2020, 09:05:39 AM
Attachments:

  • Sr. Member
  • Posts: 339
  • Points: -5
  • Likes Received: 42
  • Reputation: +1/-0
Bollinger bands in the nzdusd pair are still trending up and we will continue to focus on rising prices around 0.6555 because in that area we will continue the downward trend and follow the big trend, wait for the doji candle on tf h1 see also the wave

 
#111 - July 19, 2020, 11:56:28 PM
Attachments:

  • Sr. Member
  • Posts: 339
  • Points: -5
  • Likes Received: 42
  • Reputation: +1/-0
Bollinger bands in the nzdusd pair are still trending up and we will continue to focus on rising prices around 0.6574 because in that area we will continue the downward trend and follow the big trend, wait for the doji candle on tf h1 see also the wave
#112 - July 20, 2020, 02:00:51 PM
Attachments:

  • Hero Member
  • Posts: 527
  • Points: 9208
  • Likes Received: 18
  • Reputation: +0/-0
The nzdusd currency pair is currently in good condition to buy for the medium term, because indeed this currency will continue to rise but we must continue to focus on keeping our MM going to buy at 0.6628 with a target in the nearest supply area or can according to their individual tastes
#113 - July 22, 2020, 07:56:11 PM
Attachments:

  • Hero Member
  • Posts: 527
  • Points: 9208
  • Likes Received: 18
  • Reputation: +0/-0
The nzdusd currency pair is currently in good condition to buy for the medium term, because indeed this currency will continue to rise but we must continue to focus on keeping our MM going to buy at 0.6640 with a target in the nearest supply area or can according to their individual tastes
#114 - July 23, 2020, 03:05:39 PM
Attachments:

  • Hero Member
  • Posts: 527
  • Points: 9208
  • Likes Received: 18
  • Reputation: +0/-0
The nzdusd currency pair is currently in good condition to buy for the medium term, because indeed this currency will continue to rise but we must continue to focus on keeping our MM going to buy at 0.6626 with a target in the nearest supply area or can according to their individual tastes
#115 - July 23, 2020, 09:31:19 PM
Attachments:

  • Hero Member
  • Posts: 527
  • Points: 9208
  • Likes Received: 18
  • Reputation: +0/-0
The nzdusd currency pair is currently in good condition to buy for the medium term, because indeed this currency will continue to rise but we must continue to focus on keeping our MM going to buy at 0.6614 with a target in the nearest supply area or can according to their individual tastes
#116 - July 24, 2020, 11:25:25 AM
Attachments:

  • Sr. Member
  • Posts: 283
  • Points: 2685
  • Likes Received: 15
  • Reputation: +2/-19
NZDUSD

now 0.6626 is major and near term support for buyers. it is yearly pivot and the price should hold above for further upside move.
but considering that the upmove from monthly perspective is almost 4 month long it could be also fake break above this pivot.

#117 - July 25, 2020, 01:21:39 AM
Attachments:

  • Sr. Member
  • Posts: 283
  • Points: 2685
  • Likes Received: 15
  • Reputation: +2/-19
NZDUSD

from my previous analysis NU broke the major level 0.6626 and stayed above whole week. Strong month but not so strong week which is now closed with bearish pinbar. Daily and h4 show that price is consolidating above this yearly pivot but without significant move from this level. Last week closed right at the yearly pivot so next few days will decisive.
#118 - August 01, 2020, 06:02:00 PM
Attachments:

  • Sr. Member
  • Posts: 283
  • Points: 2685
  • Likes Received: 15
  • Reputation: +2/-19
NZDUSD

From the last month;s close the price tried to stay above yearly pivot level but most recently this level act as a resistance and now from weekly and daily the NU formed reversal patter under yearly pivot. it should be strong sell signal with targets around 0.64 - 0.6344. from h4 weekly open at 0.6605 should not be exceeded again. 
#119 - August 11, 2020, 06:53:47 PM
Attachments:

  • Sr. Member
  • Posts: 283
  • Points: 2685
  • Likes Received: 15
  • Reputation: +2/-19
NZDUSD

the pair is following a bearish scenario under 0.6626 and from h4 and h1 it made a correction to 0.6591 which would be a selling opportunity for now. the only concern is that from daily chart the pair formed bullish pinbar and still cannot go much lower from 0.66 . 
#120 - August 12, 2020, 09:52:58 PM
Attachments:

Members:

0 Members and 2 Guests are viewing this topic.