AUDNZD - BEARISH DOUBLE TOP📉Hello Traders👋🏻
The AUDNZD Price Reached A Resistance Level (1.10520-1.10881) !
Currently, The Price Formed a Double TOP📉
The Neckline is Broken🔥
So, I Expect a Bearish Move📉
i'm waiting for a retest...
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TARGET 1: 1.07720🎯
TARGET 2: 1.05827🎯
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AUDNZD
AUDNZD IS IN TRIANGEL PATTERNbased on Daily timeframe, AUDNZD is in triangle pattern.
and if you see with EMA than you see, at present time AUDNZD trade near it's 50 EMA.
and on RSI, it's defend our 40 level on RSI.
so with price action, EMA & RSI, we can see AUDNZD can touch upr line of this pattern.
AUDNZD Potential UpsidesHey Traders, in today's trading session we are monitoring AUDNZD for a buying opportunity around 1.07500 zone, AUDNZD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.07500 support zone.
Trade safe, Joe.
AN should be continuing downLast week, I mentioned about looking to short on AN if there's opportunity...a pullback pull can be seen since tues. Bearish flag on h4, looking to start shorting again for AN.
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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.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
AUDNZD Long AUDNZD Long on an SBO
-Daily made new HH's followed by a HL breaking out of the descending trend line
-Broke the Daily 50ema and now testing it as support (also testing the Weekly and Monthly 50ema)
-Testing out .50 Fib levels
- MACD looks to be heading to the upside
- On the higher time frames you can see the weekly and monthly we broke out of a much larger descending wedge pattern overall making new high's and a new Lower Low which is an indication of a trend munch and possibly a much larger scale trend change overall
- ENTRY: wanted some deceleration on the daily candle and we did get that with an inside day bar, waited for a break of the 1h5 50ema which we got, stop loss is put at the daily low's
- Target: will start with the daily high's and take around 50% profit if hit, will hold the rest for a longer term trade possibly to the 0.618-1.00 trend-based Fib,
- I will also look to add more on this trade if we get an IBO or CBO
AUDNZD: Classic Bullish Reversal 🇦🇺🇳🇿
AUDNZD was steadily falling within a channel.
Once 1.082 support was reached, the market started to consolidate
within a horizontal range.
During the Asian session, bulls manage to break the resistance of the range
and the upper boundary of the channel.
It is a very important indicator of the strength of the buyers.
I expect a pullback to 1.0884
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AUDNZD Buy Opportunity-Price has been in an overall bullish trend
-Price then met resistance at a weekly resistance/supply level.
-Price met resistance and formed a double top candlestick reversal pattern, hinting that price was ready to make a reversal.
-I am looking to go long once price either close as a reversal candlestick and/or form a candlestick reversal pattern on a lower time frame.
- I am anticipating price to make another attempt a bearish push, before continue in the initial bullish trend.
AUDNZD - from Daily to M30📹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for AUDNZD.
Which scenario do you think is more likely to happen? and Why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
AN fast up come with fast down,short until it turns
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***************************************************************************************
Hello there!
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
And if you would like to show further support for me, you can gift me some coins on tradingview! 😁
Thank you!
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.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
AUDNZD Sitting At Support Area On D1Currently, AUDNZD is trading at its support area of 1.0920. Based on my limited knowledge, if the daily candle closes below this level, you can consider taking a sell trade on its retest. The next support level for AUDNZD is around 1.0775, which it should aim for. On the other hand, if the daily candle closes above 1.0920, you can consider taking a buy trade, aiming for the resistance level at 1.1050 for AUDNZD.
Disclaimer: The information provided is for general informational purposes only and should not be considered as professional advice. Use at your own risk.
NZDUSD-06/22/2023Preferred direction: BUY
Comment: The New Zealand dollar has been moving quite confidently towards the local resistance at the level of 0.62359, and it is expected that it will not stay at this level for a long time. Upside potential locates higher at the level of 0.62907. There, with a high degree of probability, the instrument will turn around for a correction. In general, it is relevant now to consider the medium-term Buy-priority.
Thank you for like and share your views!
AUDNZD Is Going 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 price is testing a key support 1.093.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.098 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.
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AUDNZD Is Finishing A Corrective RallyAUDNZD pair made an impulsive sell-off at the end of 2022 on a daily chart, which we see it as a wave (A). Since then, we can see it trading in a larger A-B-C corrective rally within wave (B) that can be now approaching important February highs resistance, from where we should be aware of another sell-off for a higher degree wave (C).
Basic Elliott wave pattern with an impulsive five-wave 1-2-3-4-5 decline, followed by a three-wave A-B-C correction indicates for more weakness.
AUD/NZD potential swing trade long above the April lowAUD/NZD has fallen 3% since the April high, although it looks set to build a base above the April low. A Rikshaw Man Doji formed on the daily chart above this key support level and a bullish RSI is forming on the RSI (2) to hint at a near-term inflection point.
What may help it rally from here is Bloomberg's report that the RBA considered three rate paths ahead of their February meeting, two of which saw rates climbing to 4.8%, and the other at 3.35%. Given rates are now 3.8%, it leaves room for more hikes and for the RBA OCR to close the gap with RBNZ's.
The bias remains bullish above the April low and for a counter-trend rally towards the 1.7034 high.
Is UADUSD turning down?UADUSD rose over 6% since the end of May. Can it go higher? Analysis on the 2H chart suggests
that it cannot. It is presently deep in the resistance/demand zone as delineated by the
luxalgo indicator. A long mult-session volume profile shows the high volume area fairly s
symmetrical about a POC line which roughly corresponds to a 50% Fibonacci retracement of
the uptrend which occurred from May 31st to June 16th. On the MACD the lines have crossed
and are trending down. I can easily conclude that the pair is likely to retrace. I will take a
short selling forex trade.
AUD/NZD Technical Analysis! BUY!
My dear followers,
AUD/NZD looks like it will make a good move, and here are the details:
The instrument tests an important psychological level 1.10377
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 - 1.11385
Safe Stop Loss - 1.09784
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
AUDNZD Will Move Higher! Buy!
Here is our detailed technical review for AUDNZD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 1.102.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.111 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!