AUDNZD Technical Analysis! BUY!
My dear subscribers,
This is my opinion on the AUDNZD next move:
The instrument tests an important psychological level 1.0723
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.0744
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.
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WISH YOU ALL LUCK
AUDNZD
⚡️Strifor || NZDUSD-17/01/2024Preferred direction: Neutral
Comment: The previous target was also hit for NZDUSD . Here, just like with AUDUSD , the targets are all closed and an upward reversal is expected. The conditions for this have also not yet been created and most likely the price for the currency pair will still update local anti-records. Getting involved in sales is quite dangerous, there is a high risk of false takeaways. Therefore, we have decided to refrain from entering for now and already expect the expected upward reversal.
The most likely scenario is now a breakdown of the support 0.61263 , then an attempt to develop this fall even deeper, but in the end everything will end in the formation of a false breakout. Just such a situation will be a fairly strong entry point into a long position. We set the target for growth at the level of 0.62907 .
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⚡️Strifor || NZDUSD-11/01/2024Preferred direction: SELL
Comment: The New Zealand dollar is also expected to fall. Here, the situation is exactly the same as with AUDUSD. An accumulation formed at the level of 0.62359 , filled with purchases (long-orders). The publication of inflation data in the US is expected, against the background of which a downward impulse may happen.
Also, due to the data, at the time of publication there may be increased volatility, we do not exclude a potential false breakout of the upper limit of accumulation (scenario №2), after which we wait for the target price at the level of 0.61263.
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AUDNZD - Long active ✅Hello traders!
‼️ This is my perspective on AUDNZD.
Technical analysis: Here I expect bullish price action after price filled the imbalance and rejected from bullish order block + institutional big figure 1.07000.
Fundamental news: Upcoming week on Thursday we will see results of Unemployment Rate on AUD.
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AUDNZD Potential UpsidesHey Traders, in tomorrow's trading session we are monitoring AUDNZD for a buying opportunity around 1.06500 zone, AUDNZD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.06500 support and resistance area.
Trade safe, Joe.
⚡️Strifor || AUDUSD-05/01/2024 (NFP)Preferred direction: BUY
Comment: The US dollar's main competitors are likely preparing to strengthen in the short term. The news background can contribute to this. The focus is, of course, on NFP . The market may not yet have recovered sufficiently after the holidays, and it is the NFP that can finally do this.
Technically, the AUDUSD currency pair is looking long, probably even the best at the moment. The price has entered the limit buyer area, and the likelihood that he will defend this area is high. We are considering two scenarios, and, given today’s NFP , it is best to use it immediately with a general stop loss below support 0.66659 . It is necessary to take into account that scenario 2 is the formation of a false breakout, so stop loss should be taken with a margin. We place the growth target at 0.68399.
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AUDNZD - Quick Momentum PlayUnlike most other pairs, AUDNZD has been oscillating in nature. If the past has been any indication, it consolidates in a range and then sustain breakout momentum.
There's significant volatility with this pair, making it a good choice to catch these breakout momentums. As long as price continues to below the lower range boundary, I anticipate high likelihood of further downside momentum.
AUDNZD Mid/longer Term Long OpportunityAs per the video we're at a point for a long entry on the next leg up then we wait for breakout situation. Price action has till now respected the dynamic trendlines. OK risk reward, maybe worth waiting to see if price dips down into the dynamic support zone, depends on your rules of course.
AUDNZD Will Explode! BUY!
My dear friends,
AUDNZD looks like it will make a good move, and here are the details:
The market is trading on 1.0758 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.0780
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
AUDNZD Will Go Up! Buy!
Here is our detailed technical review for AUDNZD.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 1.075.
The above observations make me that the market will inevitably achieve 1.077 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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AUDNZD H4 | Falling to pullback supportAUD/NZD is falling towards a pullback support and could potentially bounce off this level to to climb higher.
Buy entry is at 1.07541 which is a pullback support.
Stop loss is at 1.07150 which is a level that sits below the 127.2% Fibonacci extension level.
Take profit is at 1.08279 which is a pullback resistance that sits under the 78.6% Fibonacci retracement level.
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