AUDCAD ____ INCOMING BEARISH MOVEHello Guys,
This pair is currently trading in a supply zone and the expectation is for it to present a selling opportunity. I will be monitoring this pair as it trades inside the marked area for a CHOCH in the 1-hour timeframe. Once I get my preferred bearish setup, I will be going short.
Also, I just made a post on a correlated pair which is the AUDNZD with the same outlook, I will post it below.
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Here is my AUDNZD analysis
Cheers,
Jabari
AUDNZD
AUDNZD ____ INCOMING BEARISH MOVEHello Guys,
AUDNZD has been on my radar for quite some time and right now, it has entered a key zone which is the weekly order block. This should help the price take a breather from all the bullish rally so far. As you can see on my chart, I have marked two levels where I would be taking profits if I manage to take this trade (my preferred short setup appears).
You will also notice that we have sell-side liquidity which price when it is ready to sell will likely hunt.
Follow me for more analysis.
See my analysis on AUDCAD
Cheers.
Jabari
Is AUDNZD due for a reversal?AUDNZD as shown on the 15- minute chart is rising after the Australian central bank raised its
prime rate in keeping up with another global tightening. Since May 24th AUDNZD has risen 4%
in various legs with some consolidation but no downturns. ADUNZD may be due for a correction.
IT is shown here on the 15-minute chart along with the "Alpha Trend" indicator, the zero lag
MACD indicator and the visible range volume profile. AUDNZD is above the POC line
showing bullish buying pressure to have pushed it higher. However, on the MACD, the K/ D lines
are setting up a cross over the histogram which typically is a sell signal. AUDNZED may hae
had a decent trend up but could now be getting ready for a "reversion to the mean"
Because of this I will watch AUDNZD as a candidate for a short trade perhaps with a
retracement of 2% ( 1/2 of the trend up) over a period of several days.
AUDNZD Potential UpsidesHey Traders, in today's trading session we are monitoring AUDNZD for a buying opportunity around 1.08300 zone, AUDNZD is trading in an uptrend and currently seems to break out an important resistance area so in today's session we are watching a potential retrace of the break out towards more highs.
Trade safe, Joe.
AUDNZD showing strong upside with a breach in the W target 1.140AUDNZD W Formation has formed over the last month.
The price has broken above the Neckline, showing strong upside to come.
We have other indicators confirming this.
7>21 - Bullish
RSI>50
Target 1.14000
SMC - Sell Side LIquidity
Smart Money buys into positions (and sweeps liquidity) from traders who are long (get stopped) and for short traders who enter into their trades.
Looking good! I'll let you know as this trade plays out and what adjustments I will make along the way.
AUDNZD will go downPair Name: AUD/NZD
Time Frame: 4hrs Chart
Direction: short
Comment:
📢 Market Update 📉💰
📊 It appears that we could witness a bearish price movement based on the current technical analysis. The price has successfully filled the existing imbalance and encountered resistance at the prominent level of 1.09000. My target is to exploit the significant downward potential required to balance the market.
💱 At the moment, the AUD-NZD pair is undergoing a bullish correction. However, my analysis suggests that we might anticipate a downward shift in the near future. Consequently, I recommend considering a selling position to take advantage of this expected move.
Stay tuned for further updates and trade wisely! 💹💵📈
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AUDNZD Is Very Bearish! Short!
Here is our detailed technical review for AUDNZD.
Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 1.089.
Considering the today's price action, probabilities will be high to see a movement to 1.082.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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AUDNZD: Potential Weakness Ahead.Greetings, traders!
I wanted to bring your attention to the recent price action of AUDNZD, which has exhibited a significant upward movement characterized by strong momentum. However, we believe it may be time for the pair to show some weakness, particularly after reaching a significant weekly resistance zone.
The bullish run in AUDNZD has been impressive, with notable power driving the price higher. However, as the pair approaches the weekly resistance zone, caution is warranted. Such key resistance areas have historically played a role in reversing or stalling bullish trends.
AUDNZD - Short active ✅Hello traders!
‼️ This is my perspective on AUDNZD.
Technical analysis: Here I expect bearish price action as we can see that price filled the imbalance and rejected from institutional big figure 1.09000. My target is that huge imbalance lower that has to be filled.
Fundamental analysis: Upcoming week we have news on AUD on Tuesday and Wednesday. Will be released Cash Rate and quarterly GDP. Pay attention to the results in order to validate the analysis.
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AUD/NZD Buyers In Panic! SELL!
My dear friends ,
AUD/NZD looks like it will make a good move, and here are the details:
The asset is approaching an important pivot point 1.09037
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Target - 1.08262
Recommended Stop Loss - 1.09478
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
AUDNZD: Short Trade Explained
AUDNZD
- Classic bearish formation
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short AUDNZD
Entry - 1.089823
Stop - 1.094437
Take - 1.082846
Our Risk - 1%
Start protection of your profits from higher levels.
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AUDNZD Potential UpsidesHey Traders, in tomorrow's trading session we are monitoring AUDNZD for a buying opportunity around 1.08500 zone, AUDNZD was trading in a downtrend and successfully managed to break it out. Currently we are waiting for a correction in order to see a potential retrace of the trend towards more highs. Fundamentally with current inflation issues in Australia AUD is looking attractive for investors as RBA is heading towards further rate hikes.
Trade safe, Joe.
EURAUD I Approaching daily structure and strong demandWelcome back! Let me know your thoughts in the comments!
** GBPUSD 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 - Trend-Following Setup ⬇️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
AUDNZD is overall bearish trading inside the falling channel in red.
Moreover, the zone 1.08 is a resistance zone .
🏹 So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper red trendline.
As per my trading style:
As AUDNZD approaches the purple 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
AUD/NZD Buyers In Panic! SELL!
My dear followers ,
My technical analysis for AUD/NZD is below:
The market is trading on 1.07755 pivot level.
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 - 1.07222
Recommended Stop Loss - 1.08090
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.
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WISH YOU ALL LUCK