AUDNZDhello everyone, in my last analysis the price broke the resistance level (mainly due to bullish AUD & bearish NZD news), overall the NZD is performing poorly... price is predicted based on AUD fundamental and technical analysis... upcoming AUD CPI (today) and retail news (tomorrow) couldn't make this pair bearish or bullish... if news is bad then technically price need to correct the price to support level as shown on the chart... Main targets are TP 1 only..
good luck
AUDNZD
AUDNZDOn the monthly charts I see a bearish trend that has settled int a major consolidation/ranging market. Within the weekly leg, we have another bearish move and a consolidation. On the daily chart we have a break of structure confirming a bearish trend. Presently, I am waiting for a bearish correction to activate the sell limit orders.
Strifor || AUDUSD-21/05/2024Preferred direction: BUY
Comment: The currency pair continues to trade above the level of 0.66460 , and at the beginning of this week, we maintain our buy priority for this instrument, as well as the scenario.
Today, both scenarios are relevant, and until the support level of 0.66460 is broken down by sellers, the bullish mood will persist. It should be noted that the goal should not be set too high. The area 0.67500-0.68000 is the growth ceiling.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
AUDNZD | Short H4 | Market Exe | Trade-Related TradeTechnical Confluences for Trade:
- Stochastics are in Overbought Conditions on H1 & H4 time-frame
- Price action is close to a Supply Zone (Blue Area) & has Resistance Trendlines around
- Aiming for the 38.2% Fibo retracement to TP
Fundamental Confluences for Trade:
- Nothing much can dictate the movement of this FX pair as they are heavily trade-related. Any major movement will come from supply-demand areas, monetary policies or economic data gyrations.
Suggested Trade:
Entry @ Area of Interest 1.0970 - 1.1010
SL @ 1.1060
TP 1 @ 1.0920 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 1.0838
Risk-to-Reward @ Approx. 2.04 (Depending on Entry Level)
________________________________
Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated!
If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies.
If you want something analyzed, do drop me a DM. :D
________________________________
Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks.
Any websites / brokers / applications suggested here are also provided as informational purpose only.
________________________________
AUDNZD: Long Trade with Entry/SL/TP
AUDNZD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long AUDNZD
Entry Point - 1.0870
Stop Loss - 1.0839
Take Profit - 1.0927
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
AUD/NZD: Double Trouble - Resistance & Fibonacci Signal BearishAUD/NZD has been confined within a well-defined bearish channel for a considerable period. This indicates a downtrend with a series of lower highs and lower lows. The price has recently reached a key resistance level that coincides with a significant Fibonacci retracement zone between 0.5 and 0.618. This confluence of technical factors suggests a high probability of a bearish breakout.
Key Observations:
Bearish Channel: Price action is clearly trapped within a descending channel, highlighting the ongoing downtrend.
Resistance & Fibonacci Convergence: The current price zone near 1.095450 aligns with both a key resistance level and a critical Fibonacci retracement area (0.5 to 0.618). This confluence strengthens the bearish bias.
Strong Bearish Momentum: Price action at this resistance level exhibits strong bearish momentum, suggesting a potential rejection and continuation of the downtrend.
Trading Recommendation:
Based on the technical observations, a short position on AUD/NZD appears favorable. However, proper risk management is crucial.
Entry: A short position can be initiated on a confirmed break below the channel's lower trendline or a strong bearish candlestick reversal pattern at the current resistance level.
Stop Loss (SL): A stop loss can be placed above the recent swing high or the upper trendline of the bearish channel, depending on your risk tolerance.
Take Profit (TP): Potential take-profit targets can be identified based on Fibonacci extension levels or the measured move of the preceding bearish leg within the channel.
Risk Management:
Remember, always adhere to proper risk management principles. Ensure your stop loss is strategically placed to limit potential losses, and take profit targets should be established based on your risk-reward ratio.
Disclaimer:
This analysis is for informational purposes only and should not be considered as investment advice. Always conduct your own research and due diligence before making any trading decisions.
AUDNZD Breakout and Potential retraceHey Traders, in the coming week we are monitoring AUDNZD for a selling opportunity around 1.09400 zone, AUDNZD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.09400 support and resistance area.
Trade safe, Joe.
AUDNZD:Bearish now, will NZD bounce back? OANDA:AUDNZD
In coming weeks, we can see NZD bouncing back strong, AUDNZD remained bullish, however after looking at the behaviour of how price moved, we expect bears to engulf the trend. Please use accurate risk management to be successful in the market.
Like our work? Please like and comment our ideas which will encourage us to bring you more ideas.
Team Setupsfx_
AN to more downside...Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Last week's PA show as that likely pullback on Audnzd should be for shorts. Let's watch and be mindful of next week's Nzd rate news
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
AUDNZD Set To Grow! BUY!
My dear followers,
I analysed this chart on AUDNZD and concluded the following:
The market is trading on 1.0909 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.0946
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
———————————
WISH YOU ALL LUCK
Strifor || AUDUSD-16/05/2024Preferred direction: BUY
Comment: AUDUSD is also on the buy list. This currency pair is also one of the most promising for short-term buyers. Most likely, growth will begin as much as possible at current prices (scenario №1).
Here we have a good local upward trend, towards which we are considering trades. One can also consider going long from the level of 0.66460 , or rather near this level (scenario №2).
We fix the growth target at the round level of 0.67500 .
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
AUDNZD The Target Is UP! BUY!
My dear subscribers,
This is my opinion on the AUDNZD next move:
The instrument tests an important psychological level 1.0959
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.0996
My Stop Loss - 1.0936
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
———————————
WISH YOU ALL LUCK
AUDNZD: Will Start Growing! Here is Why:
Balance of buyers and sellers on the AUDNZD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair.
❤️ Please, support our work with like & comment! ❤️
AUDNZD Buy Side Money Heist PlanMy Dear Robbers / Traders,
This is our master plan to Heist Bullish side of AUD/NZD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned with target in the chart focus on Long entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan,
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic resistance level, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
AUD/NZD +50 Pips , New Entry Valid To Who Missed First One !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDNZD:RBNZ is outhawking RBAHey Traders, in today's trading session we are monitoring AUDNZD for a selling opportunity around 1.09800 zone, AUDNZD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.09800 support and resistance area.
Trade safe, Joe.
Strifor || NZDUSD-14/05/2024Preferred direction: BUY
Comment: The short-term strengthening of the US dollar's main competitors is relevant, and the New Zealand dollar is no exception. It should even be noted that this currency pair is among the top for short-term growth today. Strengthening of the NZDUSD is expected towards the level of 0.60713 , as well as in the case of the Australian dollar, there is a possibility of more significant growth, however, there is no need to raise the target too much since in the medium term there will most likely be a downward reversal.
According to our main scenario №1 , we expect growth from the current ones, and we can safely consider buying right now. Scenario №2 is extremely unlikely, but nevertheless, we highlight it as an alternative.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
Strifor || AUDUSD-14/05/2024Preferred direction: BUY
Comment: The current week will be the most intense compared to the previous one, as a number of important economic data are expected to be published. The focus will certainly be on the US CPI.
Against this background, we still adhere to the buy priority for the Australian dollar and expect growth to the maximum level of 0.66460 from current prices (scenario №1) . This level is the main target, although you can expect a slight rise a little higher as part of a false upward movement. In the longer term, we also believe that the currency pair will turn downward.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
AUDNZD Will Go Up From Support! Long!
Here is our detailed technical review for AUDNZD.
Time Frame: 7h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 1.098.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.100 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
AUDNZD:🔴Sell opportunity🔴The price hit the HTF supply zone and had a bearish reaction, creating the buy-side liquidity alongside the bearish FVG in the premium, so we can expect the price to hit the bearish FVG and collect all the buy-side liquidity and then come down for sell-side liquidity.
In this scenario, I like to see speed when the price sweeps the liquidity above the old high.
As always, we need LTF confirmation to enter a sell position.
💡Wait for the update!
🗓️13/05/2024
🔎 DYOR
💌It is my honor to share your comments with me💌