AUDNZD
Strifor || AUDUSD-08/21/2023Preferred direction: SELL
Comment: The US dollar continues to put pressure on the Australian dollar, namely, the squeeze to the level of 0.63750 most likely indicates the seller's intention to continue falling prices. The downside potential is located at the levels of 0.63500 and 0.63000.
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AUDNZD Potential DownsidesHey Traders, in today's trading session we are monitoring AUDNZD for a selling opportunity around 1.08 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 trend at 1.08 support and resistance area.
Trade safe, Joe.
AUD NZD LONGRisk 0.5%
TP1 = 1:1 RR
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Strifor || AUDUSD-08/15/2023Preferred direction: SELL
Comment: To date, one of the most prone to falling currencies. This pair has broken through significant daily supports and now the downside potential for the pair lies at the level of 0.62000. The current deal is more conservative and the target is seen at the level of 0.64000.
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AUDNZD Potential UpsidesHey Traders, in tomorrow's trading session we are monitoring AUDNZD for a buying opportunity around 1.07900 zone, AUDNZD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.07900 support and resistance zone.
Trade safe, Joe.
AUDNZD I Pullback and tendency to riseWelcome back! Let me know your thoughts in the comments!
** AUDNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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AUDNZD SHORT PROJECTION#AUDNZD is just holding a daily support where we strongly believe that the price may retest a deeper level of support to accumulate more liquidity and buying pressure before a retracement. By any chance if the daily support holds stronger, we may not see a downside momentum in the future.
EURNZD I It will fall from the resistance zoneWelcome back! Let me know your thoughts in the comments!
** EURNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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AUDNZD I It will move up and more decline to comeWelcome back! Let me know your thoughts in the comments!
** AUDNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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AUDNZD Analysis 31July2023It appears that AUDNZD is displaying a bearish trend with a noticeable curve pattern, particularly in the SND area. It is likely that the price will respond positively to this trend. If you wish to take a short position, consider doing so when the price is between the Fibo 0.382 to Fibo 0.5 ranges.
AUDNZD Montly w/ Ongoing Updates *Not Advice*Weekly Economic Analysis: 7/30/23
Pair: AUDNZD
GDP (Down: Weaker Currency Up: Stronger Currency)
- Aud down NZD up
Employment (Down: Weaker Currency / Up: Stronger Currency)
- Both up
Inflation (Down: Weaker Currency Up: Stronger Currency)
- Both Down
Interest Rate (Down: Weaker Currency / Up; Stronger Currency)
- AUD news week. Both stalemate
Balance of Trade (Down: Weaker Currency / Up: Stronger Currency)
- AUD down NZD up
PMI (Down: Weaker Currency / Up: Stronger Currency)
- Services: Both are down
- Manufacturing: AUD up NZD down
Bias: NZD Stronger
Monthly Technical Analysis
- Price could be in a range with our bias to the demand zone around 1.03758.
AUDNZDAUDNZD is trading in long term bearish channel and respecting well the highs and lows of channel. price formed temporary small bullish channel within large bearish channel but failed to sustain. Currently the pair is retesting the broken support level and it seems like the pair is heading to further downside.