Aud/Nzd Long Opportunity Please see above analysis off Aud/Nzd.
This pair has gone through a nice impulse, correction and we are now in the impulse phase again.
We have recently broken the descending channel and we are retesting a key structural level.
We are targeting the previous swing high.
As always please let me know in the comments below your thoughts on Aud/Nzd and if you this is a pair you are currently watching.
Have a brilliant week!
The Fx Chartist
Aud-nzd
AUDNZD is on bearish momentum! | 30 Nov 2021Prices are on a bearish momentum. We see potential for a dip from our sell entry at 1.04559 in line with 61.8% Fibonacci extension and 50% Fibonacci retracement towards our Take Profit at 1.03874 which is an area of Fibonacci confluences. RSI is showing divergence, further supporting our bias.
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 Bullish Gartley patternHello Traders
A possible Bullish Gartley pattern has been shown in chart.
Beside gartley pattern, there are other reasons that we should know:
1- We can see a double top pattern.
2- RSI is showing a RD-.
3- looks like price is moving toward key level fib 0.5.
(*PS: Market is still too Risky due to new corona's variant concerns, so manage your accounts carefully)
Thanks for Reading
Team Fortuna
-RC
AUDNZD is on bearish momentum! | 30 Nov 2021Prices are on a bearish momentum. We see potential for a dip from our sell entry at 1.04559 in line with 61.8% Fibonacci extension and 50% Fibonacci retracement towards our Take Profit at 1.03874 which is an area of Fibonacci confluences. RSI is showing divergence, further supporting our bias.
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 can break the channel? 🦐AUDNZD on the daily is trading near to the weekly support into a retracement channel.
The market is now testing the upper trendline and according to Plancton's strategy if the price will break above and satisfy the ACADEMY rules 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.
AUDNZD Channel Breakout Finally, the price broke above the channel on Nov 21, and after a minor consolidation, the recovery continued. This confirmed a legitimate breakout, indicating a possible trend change.
next target is 1.0525 / 1.0590
Fundamentally, traders Betting RBA Will Soon Follow RBNZ May Have to Wait
AUDNZD is on a bearish momentum! | 23 Nov 2021Prices are on a bearish momentum and consolidating in a parallel channel. We see potential for a drop from our sell entry at 1.04242 which is an area of Fibonacci confluences towards our Take Profit at 0.67023 in line with 78.6% Fibonacci retracement and 100% Fibonacci extension. 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 short has presented📉👍Trade details for current trade are shown on the chart.
Using POW reversal strategy for this trade.
We are working the 30M time frame on this strategy.
We're looking for the green line which is take profit target.
Little red arrow is entry point and purple line is stop loss.
Previous trades five trades can be seen on chart.
This trade is looking to go 6 out of 6 on this strategy!
Trade history can be seen at the foot of this trade idea too for full transparency.
In that box every trade is logged and can be viewed by clicking the tabs in the report box.
You as the viewer of this idea can also do that so go ahead and have a play.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
AUDNZD Downside ContinuationWelcome back!
Please support this idea with a LIKE and COMMENT if you find it useful.
*****
Price is currently forming a corrective structure on the Daily and we could see further bearish movement from the 50% fib level (resistance area).
Be sure to follow the entry criteria rules for your strategy and keep this on your watch list!
- BKH
Australian Dollar Ready to Reverse Higher? - AUD/NZDThe Australian Dollar could be readying for its next leg higher against the New Zealand Dollar following losses since early October.
AUD/NZD recently confirmed a bullish Morning Star candlestick pattern, opening the door to extending gains.
But, prices still need to overcome the near-term 20- and 50-Day Simple Moving Averages. Clearing them exposes the 23.6% Fibonacci extension at 1.0486 before making way towards a falling trendline from March.
Otherwise, clearing the key 1.0280 - 1.0331 support zone may see prices resume the downtrend towards the 2020 low.
FX_IDC:AUDNZD
AUDNZD is on bearish momentum! | 12 Nov 2021Price is on a bearish momentum and abiding to our bearish trendline . We see potential for a bounce from our 1st resistance at 1.04277 in line with 50% Fibonacci retracement and 38.2% Fibonacci retracement and graphical overlap towards our 1st support at 1.03297 in line with 100% Fibonacci extension . Alternatively, our stop loss will be placed at 2nd resistance at 1.04617 in line with 50% Fibonacci retracement and graphical overlap. RSI is approaching levels where dips occurred previously and Ichimoku is 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 is on bearish momentum! | 12 Nov 2021Price is on a bearish momentum and abiding to our bearish trendline. We see potential for a bounce from our 1st resistance at 1.04277 in line with 50% Fibonacci retracement and 38.2% Fibonacci retracement and graphical overlap towards our 1st support at 1.03297 in line with 100% Fibonacci extension. Alternatively, our stop loss will be placed at 2nd resistance at 1.04617 in line with 50% Fibonacci retracement and graphical overlap. RSI is approaching levels where dips occurred previously and Ichimoku is 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 I'm in a small short ⤵️👍POW reversal strategy in use for this trade a AUDNZD short.
Trade details for current trade are shown on the chart.
We are working the 15M time frame on this strategy.
We're looking for the green line which is take profit target.
Little red arrow is entry point and purple line is stop loss.
Trade history can be seen at the foot of this trade idea too for full transparency.
In that box every trade is logged and can be viewed by clicking the tabs in the report box.
You as the viewer of this idea can also select all the data in that box so feel free to have a look.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
AUDNZD sell is on ⬇️Using POW reversal strategy for this trade an AUDNZD short.
Trade details for current trade are shown on the chart.
We are working the 30M time frame on this strategy.
We're looking for the green line which is take profit target.
Little red arrow is entry point and purple line is stop loss.
Trade history can be seen at the foot of this trade idea too for full transparency.
In that box every trade is logged and can be viewed by clicking the tabs in the report box.
You as the viewer of this idea can also do that so go ahead and have a play.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
AUDNZD is consolidating in a triangle! | 5 Nov 2021Prices are consolidating in a triangle. We see potential for prices to climb from our Buy entry at 1.04181 in line with 100% Fibonacci extension and 23.6% Fibonacci retracement towards our Take Profit at 1.05408 in line with 61.8% Fibonacci retracement . 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.
AUDNZDBullish Indicators:
1) Support zone at 1.04080 Fib level 61.80%
Bearish Indicators:
1) LH LL
2) Downward trend
3) Resistance zone at 1.04471 or upward descending trendline.
Plan A: One can take a short position on the rejection from the upward descending trendline for the target of 1.04080 and 1.03522
Plan B: On the breaking of upward descending trendline with a good bullish candle one can take long position for the target of 1.05277.
AUDNZD is consolidating in a triangle! | 5 Nov 2021Prices are consolidating in a triangle. We see potential for prices to climb from our Buy entry at 1.04181 in line with 100% Fibonacci extension and 23.6% Fibonacci retracement towards our Take Profit at 1.05408 in line with 61.8% Fibonacci retracement. 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.