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Audnzdanalysis

AUDNZD AUDNZD Another day, another great opportunity for us trades to take advantage of. AUDNZD We are at key resistance when it comes to higher time frame including daily and weekly. We could say we are within the channel for now but if we break below 50 EMA & of trendline support expect 1.09170 areas to be target areas. However, if we break the highs of 1.09865 then I expect we retest the highs again. There are really clear levels in this, you could call this bear flag but let's wait and see! Don't forget ...It is a Friday! Trade Journal
by Trade_Journal
aud/nzd set 2 Potential Bullish set upshere I'm looking for the correct move back down to our major areas of interest 1st entry is potentially sniper entry -- how ever if the trade goes against us we will capitalize on a 2nd entry information shared is for educational and demo purposes only, please practice proper risk management while trading in the financial markets! Disclaimer- Trading contains risk and no one should trade money that they cant afford to loose, please reach out to a professional to go over a risk management and investment strategy that works best for you and your current financial situation! Disclaimer -- I AM NOT A FINANCIAL ADVISOR and past profits don't guarantee a future results!
Long
by therealbinarymaster
AUD/NZD: Trans-Tasman analysis The AUD/NZD is an interesting pair to examine after the release of each country’s respective inflation reports yesterday. In New Zealand, the annual inflation rate remained steady at 7.2%, prompting investors to forecast that inflation in the country has peaked, and the Reserve Bank of New Zealand can slow the pace of interest rate hikes moving forward, inducing a fall in the NZD against the US dollar. The next interest rate decision from the RBNZ is on February 22. Australia’s inflation data, came in hotter-than-expected, at 7.8%, up from 7.3% in the previous reading. As a result, the Australian dollar climbed to a fresh 5-month high, almost the only major currency making a significant move against the US dollar on the day, as the market priced in a ninth consecutive rate rise by the Reserve Bank of Australia’s on February 7. Naturally the AUD/NZD cross pair has begun to diverge quite significantly, with an emphatic break above the 200-EMA line, due to their respective performances against the USD. 1.09600 appears to be the most immediate level of resistance for the pair now, but doesn't seem to be holding up all that well against current buying activity, with the 20 EMA/ 1.09480 acting as the support.
by BlackBull_Markets
AUDNZD...SELL (119 PIPS)With a RR of 1:4, i'm looking for a perfect short on AUDNZD. technically, AUDNZD is currently in a bearish market. Looking at previous high from 16th Jan's Asian session, AN fell from the top and bounced back getting to the end of the week. On the Day TF, you could see AUDNZD retraced from thursday's low and retested the 61.8% fibo mark. You could clearly state that, AUDNZD is currently trading in my region zone ( REd Box region)...... NB: I SEE A POTENTIAL 500 PIP SELL, but going out on its first short!!!!
Short
by DAdepa
SELL Trade Triggerd Moving As Expected :)As per my previous post I explained to you that we would likely see a move above 1.09 area where we had a newly formed Weekly SUPPLY/SELL zone from the current move down. This area has got respected and as per my previous post I would take a position if my TRFX indicator give a higher time frame signal we got that on the 8hr chart around 1.092 and the position is moving nicely. How I will manage this position will be once price reaches 1.08 I will cut 50% of my position and move my STOP LOSS down towards the entry price maybe a little above it. And contine to trail the position down towards the 1.04 area bottom of the MONTHLY range lets see how we go :) Check the related post to understand the reasons behind the position
Short
by TheFxAce
3