AUDNZD
AUDNZD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDNZD still looks weak for shortpullback on this pair on h1 etc should be to short since higher timeframe it is weak
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AUDNZDHi;
AUDNZD
In the daily time frame, the movement is quite clear. Selling pressure can also be detected in lower time frames, and according to the rapid downward wave that has been created recently, the probability of exiting this correction, which is similar to the flag pattern, will be very high.
AUD/NZD Retests Resistance Ahead of RBA Rate DecisionThe AUD/NZD currency pair has recently broken through a key support level and is now being retested as a resistance level. This development comes just before the RBA interest rate decision, which is expected to result in a 25-point increase. However, traders should keep an eye out for signs that the central bank is taking a more dovish stance or downplaying the current terminal rate, which could put downside pressure on the AUD.
In light of recent negative economic data for the AUD, a shift away from a hawkish stance could exacerbate this downward trend. From a technical standpoint, if the AUD/NZD breaks below 1.0855 and maintains this level, it could be a good opportunity to sell this currency pair.
AUDNZD I Potential intraday buy from demand zoneWelcome back! Let me know your thoughts in the comments!
**AUDNZD Analysis - Listen to video!
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Watching AUD/NZD for Clear MovementsWe may witness sideways movements of the AUD/NZD pair within the range of 1.08962 and 1.08584, and it could potentially form a reversal pattern such as double tops or head and shoulders before continuing downward towards the level of 1.0800. If the level of 1.08500 is breached downwards, the price could reach there quickly. Conversely, if the price breaks above the level of 1.09070, it could completely reverse upwards. We will monitor the behavior of this pair this week and try to benefit from any clear movement.
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AUDNZD - Strong Selling Short Buying REST WAY
Reason
Down Trend
Break of Up Trend & LL,LH
Rejecting Strong Resistance
Entry
Given on Chart
Stop
ATR = 20x2 = 40pips
Target
Support = 1.07575
Demand Zone on 1D = 1.04950
NOTE:
Be aware of News today
Manage Your Risk accordingly
Take Trade on CONFIRMATIONS
DYOR
AUDNZD: Bearish Outlook Explained 🇦🇺🇳🇿
AUDNZD is testing a wide daily horizontal supply area.
The price formed a double top pattern, approaching that on an hourly time frame
and broke its neckline with a high momentum bearish candle.
I expect a retracement to 1.0848 / 1.0828
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SasanSeifi💁♂️AUD/NZD.6H UPDATE🔥😍✅ 127 PIP HI TRADERS ✌As you can see, according to the scenario, the price was able to correct about 127 pips up to the correction target range of 1.087/1.084🔥✌. It is currently trading in the range of 1.084. We can expect a positive reaction from the range of demand zone.It should be seen how the price will react to the specified ranges. Otherwise, if the price penetrates below the range of 1.074 and stabilizes, the possibility of further correction can be considered.
❎ (DYOR)...⚠⚜
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AUDNZD - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on US100 .
Here we are in a bearish market structure from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block, as well we have there most orders as per volume profile .
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AUDNZD : Short Trade , 1hHello traders, we want to check the AUDNZD chart in the 1-hour time frame. After breaking the upward trend, the price is moving in a descending channel and has managed to break the key level of 1.08800, which the price has reacted to several times in the past. Then there was a pullback to the level. We expect this level to play the role of a support level for us and the price will continue to fall and fall to the targets of 1.08300 and then 1.07600. Good luck.
AUDNZDHi
AUDNZD has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
This is a personal opinion and you are responsible for any trading decisions.
AUDNZD : Pivot Trading StrategyOANDA:AUDNZD
HI , Trader's our last forecast reached target
Now market is trading below pivot and above Support 1.
Market can make W pattern , ( double bottom pattern ) to move further upside
50 , 200 ema will also act as resistance from where price can fall and make double bottom structure
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The logic behind the AUDUSDThe head and shoulders pattern has formed, with the US dollar maintaining its strength, indicating that bearish momentum is inevitable for the Australian dollar
The January core inflation data, including CPI , PPI and retail sales, all rebounded. Combined with the wage data in the non-agricultural employment report, it shows that US inflation has rebounded in stages. Although the downward trend of inflation remains unchanged, it will stimulate Fed extends rate hikes
The U.S. dollar rebounded strongly due to the rise in inflation and stimulated the central bank to raise interest rates. Worries prompted investors to cover the U.S. dollar, and the U.S. dollar regained its dominance in the short-term situation. At the same time, the strong US dollar depresses commodity prices, and the Australian dollar loses its power. Interest rate hike expectations are also extremely detrimental to the performance of U.S. stocks. After the end of the earnings season, U.S. stocks lack guidance, and rising inflation suppresses market liquidity and puts pressure on stock market sentiment.
In this situation, the short position of the Australian dollar has the best time, location, and harmony.
Technical head and shoulders The head and shoulders pattern is a high chance of winning in the technical trend, and it is one of the skills that must be mastered