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AUDNZD

AUDNZD - Trading The Wedge 🌙Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. AUDNZD has been overall bearish trading inside the falling wedge pattern in blue, and it is currently approaching around the bound of the wedge. Moreover, the zone 1.0925 is a strong resistance. 🏹 So the highlighted blue circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper blue trendline acting as a non-horizontal resistance. As per my trading style: As AUDNZD approaches the blue circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
6
AUDNZD BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis. Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity AUDNZD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Long
by TheGrove
6
Australia Q3 CPI reaction – hikes are back on the tableThings move quickly when the central bank detail that their tolerance for inflation is low. Only recently it was the widely held consensus that interest rates in Australia were on hold for an extended period, and the next move was most likely a cut. Well, that school of thought has been blown out the window and rate hikes are now once again being priced to rise. The question, it seems, from purely observing market pricing, is whether we see a hike in November, and then a pause, or we see back-to-back hikes in November and December. The recent RBA minutes detailed that slower progress in getting to their inflation target (2-3%) would not be viewed favourably. This view was reinforced by RBA gov Bullock's speech (on Tuesday) when she detailed the bank won’t hesitate to hike if there is a material upward revision to the outlook on inflation. Consider the RBA forecast (in August) headline Q3 CPI at 4.5% and core Q3 CPI at 4% by December. So going off today’s numbers, with headline CPI at 5.4% and trimmed mean inflation at 5.2%, the prospect of a revision to the bank forecast in the upcoming Statement on Monetary Policy (on 10 Nov) is clearly very high – whether it is ‘material’ is a point of debate. Granted, inflation continues to moderate, but the pace of the decline would be frustratingly slow in the RBA's view. We can also add the Q3 CPI print to a better-than-expected Q2 GDP print (at 2.1%), September unemployment at 3.6% and house prices further rising, and the RBA may see a hike as a necessary evil. Market reaction Australia's 30-day interest rate futures have reacted quite aggressively to the CPI data, and we now see the 18bp of hikes priced for the 7 Nov RBA meeting; equating to a 73% chance of a hike. If they don’t hike in November, December is priced at 100%. In fact, there is a small premium we could see at a 25bp hike in November and another 25bp hike in December. The rise in the market interest rate expectations, with a spike in Aussie 3yr govt bond yields from 4.18% to 4.28% has been good for 40 pips in AUD, with AUDUSD pushing to 0.6400. AUDCAD has been the biggest percentage mover on the day and has broken the October highs. AUDNZD has been a tear of late – and remains one of the cleanest expressions of Aussie rates – with price breaking through 1.0900 and into a big supply zone seen since June. In equities, we’ve seen the AUS200 falling from 6876 to hit a session low of 6832, although we’re seeing better buyers off these lows. ASX200 banks are heavy, as are REITS – consumer stocks are holding in remarkably well at present. Upcoming event risk to AUD and AUS200 traders While the Q3 CPI was always the big event risk, if we look at data ahead of the 7 November RBA meeting, we only see retail sales (on 30 Oct) that could affect market pricing, but sales would need to be very weak. Developments in geopolitics and broad risk sentiment in markets could also play a factor, but again, it seems unlikely to derail market pricing/expectations. Governor Bullock speaks again tomorrow along with assistant governor Christopher Kent (09:00 AEDT), so this could give us a clear understanding of how the core of the RBA sees the CPI print – they could essentially guide to a hike here.
Long
by Pepperstone
AUDNZD I Potential short near resistance zoneHello Traders, here is the full analysis. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity AUDNZD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
2
AUDNZD Technical analysis and Trade Idea Asian OpenIn this comprehensive analysis, we delve into the AUDNZD currency pair's recent price action as it approaches a critical daily and weekly resistance level into the Asian open. Our analysis is meticulous, spanning various timeframes, starting from the weekly down to the 5m five-minute chart. Within the video, we provide an in-depth explanation of our trading strategy and meticulously examine a prospective trading opportunity. It is paramount to emphasize that the content within this video is intended strictly for educational purposes. It should not, under any circumstances, be interpreted as financial advice or counsel.
Short
by fxtraderanthony
AUDNZD Will Collapse! SELL! My dear friends, Please, find my technical outlook for AUDNZD below: The price is coiling around a solid key level - 1.0683 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.0622 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
AUDNZD I Potential short near resistance zoneHello,Traders! . . . . . AUDNZD is in correction after a three week consecutive fall to the downside. Since the price action is bearish and trading below the 50 MA, we will be monitoring for a short near previous resistance 1.0740 - 1.0790. If the price doesn't return near the resistance area, it will fall to the demand level 1.0588. Short! Trade safe and good luck! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Short
by BKTradingAcademy
11
AUDNZD H4 | Rising into 23.6% Fibo resistanceAUDNZD is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.06891 which is an overlap resistance that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 1.07323 which is a level that aligns with the 38.2% Fibonacci retracement level and sits above a pullback resistance. Take profit is at 1.06275 which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM Australia Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
AUDNZD Potential Reversal Opportunity📈📉 #ForexAnalysis: AUDNZD Potential Reversal Opportunity! 📉📈 Hey there, traders! 👋📊 Let's take a closer look at AUDNZD (Australian Dollar / New Zealand Dollar) on the weekly and daily charts to uncover a potential trading opportunity. 🧐💰 📅 Weekly Analysis: AUDNZD seems to be hitting a strong resistance level at 1.06232 on the weekly chart. This level has proven to be a significant barrier for price movement. 🔒📊 📆 Daily Analysis: Zooming into the daily chart, we can observe the emergence of a potential reversal pattern: an inverse head and shoulders combined with a triple top formation. 📈🤔 These patterns can often signal a shift in market sentiment and a potential trend reversal. 🔄📈 💡 Trading Idea: If AUDNZD manages to break above the 1.06732 level, it could indicate a bullish breakout, potentially triggering a long entry opportunity. 🚀📈 However, please exercise caution and conduct your own research before entering a trade. Risk management is crucial! 🛡️💼 📊 Technical Analysis: - Resistance: 1.06232 - Potential Entry: Break above 1.06732 - Stop-Loss: Use appropriate risk management strategies - Target: Consider setting realistic profit targets Remember, trading involves risks, and no one can predict the market with absolute certainty. Always ensure you have a solid trading plan, risk management strategy, and thorough analysis before making any trading decisions. 📚💡 #ForexTrading #AUDNZD #TechnicalAnalysis #TradingStrategies #FinancialMarkets #Education #EmbraceTheCharts #ForexLife #InvestingWisely 🌐💹 Disclaimer: This post is for educational and informational purposes only. It is not financial advice or a recommendation to buy or sell any financial instrument. Trading involves risk, and you should always consult with a financial advisor or conduct your own research before making trading decisions.
Long
by T-Q
BluetonaFX - AUDNZD Range Breakout SHORT IdeaHi Traders! AUDNZD is approaching the range support area, and there is a possibility of a breakout to the downside. Price Action 📊 There was a momentum break and close below the EMA to indicate that the bears are currently in control, and this will be the third time the bears have tested at the support area. We are looking for a break and close below the support area. Fundamental Analysis 📰 The market's outlook on New Zealand has been positive, with better than expected GDP figures announced for Q2, so traders are most likely bullish on the NZD. Support 📉 1.07252 - 1.07394: SUPPORT AREA Resistance 📈 1.09130 - 1.09265: RESISTANCE AREA Risk ⚠️ No more than 2% of your capital. Reward 💰 At least 4% of your capital. Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Short
by BluetonaFX
3