Aud-nzd
AUDNZD Sell signal and invalidationThis is an update to the latest long-term buy signal I gave on AUDNZD on November 01 2021, when the price was approaching the bottom of its multi-year Channel Down:
Now that the pair is approaching our target and the top (Lower Highs trend-line) of the Channel Down, it is time to turn bearish. The short-term target is the 0.382 Fibonacci retracement level at 1.05350. If on the other hand the price breaks above 1.08500, this trade is invalidated and instead the pair will most likely turn bullish towards the 1.10450 Resistance.
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AUDNZD on bullish momentum! | 8th Feb 2022Prices are on bullish momentum and abiding to our ascending trendline. We see the potential for a bounce from our buy entry at 1.06997 in line with 61.8 Fibonacci extension and 78.6% Fibonacci retracement towards our Take Profit at 1.07583 in line with 61.8% Fibonacci retracement. RSI is at levels where bounces previously occurs.
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.
AUDNZD bullish bounce | 7th Feb 2022 Price is reacting on the ascending channel, signifying an overall bulllish momentum. We can expect price to bounce at the pivot level in line with 61.8% Fibonacci retracement towards take profit level in line with 78.6% Fibonacci projection. Our bullish bounce is further supported by the stochastic indicator where the %K is at the support line.
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.
500 PIPS AUDNZD SHORT!AUDNZD SHORT
Why are we entering?
- Price is approaching a structure level & trendline
- Price is approaching our 0.618 fib level
What are we waiting for to happen?
- Rejection of structure level
- Trendline touch
- Rejection of our 0.618 fib level
Entry 1.081
SAFE Entry: Rejection of trendline, structure level, fib level
Risk Entry 1: Early break of RISK trendline
Once entered, where will our Stoploss be?
- Above the trendline & structure level (above 1.084) 30 pips
Where do we take profits?
- First TP - Previous structure level : 1.061 (200 pips)
- Final TP - Channel support / Previous low : 1.031 (500pips)
Check out my other ideas below!
AUDNZD on a bull flag? 🦐AUDNZD on the 4h chart is trading below a weekly resistance.
The price is consolidating in a bull flag and according to Plancton's strategy IF the market will break above and satisfy the academy condition we will set a nice long order.
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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.
Anticipating AUDNZD Lower Range BreachThis trade is a bit anticipatory of price breaching to the downside for the week ahead. Over on the 1-hour time frame, the chart does look a bit more chaotic. However, it'll make more sense once you look at this price action in conjunction with the daily time frame.
A divergence signal appeared with AUDNZDH4 time frame.
Structure: Uptrend.
A divergence signal and a double top reversal pattern appeared.
Wait for the price to break the Key level at 1.058000 and appear a retest signal, then you can find selling opportunities.
The profit target is the 1.04800 price zone.
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Wish you all have a good trading day!
AUDNZD on a retracement move 🦐AUDNZD after the long bullish impulse reached the daily resistance.
The price is moving in an ascending channel in a choppy trading move.
According to Plancton's strategy IF the market will break below and the ACADEMY rules will be satisfied we will set a nice short order.
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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.
AUDNZD Short IdeaAUDNZD has been in an uptrend since hitting the support area of 1.306. Since then AUDNZD has been setting higher lows but it just reached the key level of 1.0695. This level has witnessed some sell-off prior to this uptrend and it appears the same is happening now. The price has been unable to surpass this recent high which is my short-term bias is Short. The target of this trade is 650 points near the confluence zone of 1.0502. The stop-loss area for this trade is located just above the recent high.
AUDNZD on a retracement move 🦐AUDNZD after the long bullish impulse reached the daily resistance.
The price is moving in an ascending channel in a choppy trading move.
According to Plancton's strategy IF the market will break below and the ACADEMY rules will be satisfied we will set a nice short order.
--––
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.
AUDNZDTechnical:
Potential Double Top on Daily Timeframe.
Possible rejection at the 200 ema.
Price recently broke out of downtrend dated back to May and could be in position to retest the previous low from November.
Fundamental:
New Zealand has a higher interest rate having hiked twice currently at 0.75 from 0.25 and expects to get to 1.0 sometime next year. They plan on 4 hikes since they started ending towards the end of next year while Australia although considering to still make that decision, have sentiment that it may not need to hike until 2023. New Zealand has more reason to start taking action to strengthening their economy. I usually wouldn't trade a lower GDP country on the bull side however, I'm going off the interest rate hike news for an economy that's trying to recover. Higher interest rates, stronger dollar, given historical chart data even if priced in, I want to see if we can get a boost somewhere in the future for the NZD.
Not Advice!
Trade could go wrong but that's why we keep practicing!
AUDNZD potential for bounce! | 16th Dec 2021Prices are on bullish momentum and abiding to our ascending trendline. We see potential for a bounce from our buy entry at 1.05596 in line with 100% Fibonacci extension and 127.2% Fibonacci retracement towards our Take Profit at 1.06539 which is an area of Fibonacci confluences. Technical indicators are showing bullish momentum.
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.
Short-term analysis of the AUDCADHere's the analysis for AUDCAD in H4 time frame, We expect some corrections and after that continuation of the upward trend.
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💡AUDNZD | The best scenario for falling in 1h time frameIt seems that with the trend line broken, we should see the AUD down in the coming hours. The area we are in is a very low risk area for sell. You can use the lower trigger time frame to enter.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad.
AUDNZD is on bearish momentum! | 9th Dec 2021Prices are on bearish momentum and abiding to a descending bearish trendline. We see potential for a dip from our sell entry at 1.05360 in line with an area of Fibonacci confluences towards our Take Profit at 1.04738 in line with 78.6% Fibonacci retracement. Technical indicators are showing bearish momentum.
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.
AUDNZD bearish continuation | 7th Dec 2021 Price is abiding to the descending trendline resistance on the daily, signifying an overall bearish momentum. We can expect price to drop from the pivot in line with 78.6% Fibonacci projection and 61.8% Fibonacci retracement to the 1st Support in line with 61.8% Fibonacci retracement and 61.8% Fibonacci projection. Our bearish bias is further supported by the stochastic indicator where the %K line is at the resistance level.
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.
AUD/NZD Ready to Long!Hello Traders
AUD/NZD aiming for a long rally.
Here is why:
-Price bounced twice from big support structure and retraced(fib:0.236) last weave.
-Bullish Bat Pattern has been completed.
-RSI downward Trendline is broken.
-We can see same Bullish engulfing patterns.
-Broken downward Trendlines.
Thanks for Reading
Team Fortuna
-RC