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Aud-nzd

AUDNZD: A Buy Setup Targeting the Previous HighLast week, AUDNZD has reached a new high at the 1.1100 level. The trend of AUDNZD is persistent; when the price has reached a new high, that means the trend will not easily reverse for a period of time. Therefore, we are looking for buy entries to capture any retracement from the previous high. The price has retraced to 1.0980 level,which is the previous resistance level from where the price broke up. From the 1.0980 level, we can see that the price has formed a double bottom pattern, followed by the price breaking the neckline area. Then, we can see that the price further broke the descending trend line. Therefore, a strong bullish momentum has taken place at this level. We are waiting for the price to retrace to the neckline area. From there, we will enter buy positions and target the recent high of 1.1100 level
Long
by NicoBeau_Capital
💡Don't miss the great buy opportunity in AUDNZDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.1006). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDNZD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 53. Take Profits: TP1= @ 1.1076 TP2= @ 1.1110 TP3= @ 1.1148 TP4= @ 1.1194 TP5= @ 1.1234 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
8
💡Don't miss the great buy opportunity in AUDNZDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.1006). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDNZD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 51. Take Profits: TP1= @ 1.1076 TP2= @ 1.1110 TP3= @ 1.1148 TP4= @ 1.1194 TP5= @ 1.1234 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
AUDNZD - BUYAUDNZD has been in an upward trend for months. Now that it has broken the recent high, there are reasons to believe it will continue its trend and retesting the support zone it currently approaches. Using the Fibonacci tool it was determined that the support structure lines up well with key levels on the Fib tool. This also indicates that the support is a good level from which the start the continued move to the upside. If you agree or disagree please share your opinion with me in the comments. Also, please follow for more ideas, Thanks!
Long
by EightSevenSixPips
Dominant Currency Sentiment – JPY Remains SupportedAntipodeans leading to the upside, with some support garnered from the PBoC’s efforts to prop up China’s economy, including easing its RRR and an injection of CNY 10 billion via 7-day reverse repos. However, despite the above, concerns surrounding the global economic outlook are continuing to grow, pulling the antipodeans off their best levels and supporting JPY, which also remains supported across the board. As such, AUDJPY is quickly approaching the 92.00 handle, while NZDJPY was unable to hold the 85.00 handle after briefly breaking above in late Asia-Pacific trade. Looking ahead, today’s economic calendar is light on tier one data, keeping the market’s attention fixed on ongoing themes such as the global economic outlook, China’s economic outlook/lockdown and policy divergences between central banks.
by thunderpips
AUDNZD: A Sharp Price Rejection from the Key Resistance LevelAUDNZD has reached a key resistance level of 1.1000, followed by an immediate sharp price rejection (a doji star plus a large bearish engulfing candle). Since 2020, all two long-term bearish reversals have occurred from this level. However, we know that the trend of AUDNZD is persistent. Therefore, we want to make sure that a reversal has actually occured before throwing in sell positions. It is good to enter the market late but right rather than early but wrong. Entry Criteria: After a rejection from the 1.1000 level, the price has reached a support level of 1.8000-1.8200. From here, we expect the price to bounce up again to retest the high, or if not, the 1.0900 level. If a reversal has really taken a place, then the price should break the support area of 1.0800, plus a daily candle closing below that support level. Only then, we can prepare our sell entries at the neckline area to capture the retest and ride the wave down to the first target of 1.0600 level.
Short
by NicoBeau_Capital
AUDNZD Long-term sell opportunityThe AUDNZD pair broke above its August 2020 Lower Highs trend-line in late March and is now approaching the 1.104500 Resistance. This is similar to the late October 2017 break-out above the Lower Highs. In fact the two phases seem identical on a wider 3 year scale. The 2017 fractal reversed soon after it broke above the Lower Highs and initially reached as low as the 0.618 Fibonacci retracement level. That is currently just below the 1.04000 level, and is our long-term target on the AUDNZD pair. Notice that the RSI on the 1W time-frame is at the highest level since July 2008 of the subprime mortgage crisis. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
Short
by TradingShot
1
Today’s Notable Sentiment ShiftsAntipodeans – AUD and NZD lost ground on Thursday as markets wagered on an ever-more aggressive cycle of rate rises by the FOMC that would threaten both the outlook for global and the bull run in commodities markets. Additionally, Reuters notes that “investors are also beginning to fret that such drastic tightening is likely to slow economic growth across the developed world and risk recession, particularly in Europe where energy costs are soaring. That outlook would not be especially bullish for commodity demand overall, even if a protracted conflict in Ukraine tended to keep energy prices higher for longer.”
by thunderpips
1
AUDNZD Potential bounce|30th Mar 2022On the H4, with price moving above the ichimoku cloud, we have a bias that price will rise to our take profit at 1.08754 in line with the swing high resistance from our entry of 1.07830 in line with the horizontal overlap support and 38.2% Fibonacci retracement. Alternatively, price may break entry structure and head for our stop loss at 1.07516 in line with the horizontal overlap support and 50% Fibonacci retracement. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by Rockqet
AUDNZD on a retracement move 🦐AUDNZD on the 4h chart is moving at the top of the trend in an ascending channel. The price after the attempt to break the upper trendline melted below for a test of the lower support trendline over a daily static support area. How can we approach this scenario? We will wait for the break of the confluence zone and after that, we will check for the application of the Plancton Academy rules to set a nice short order for our usual risk-reward ratio. --–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
4