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Audnzdanalysis

AUDNZD Downward Momentum Slowing DownAs we can see, BEARISH momentum have slowed down for now as we start seeing movement at the upper side of the ichimoku cloud. There was great consolidation in the cloud before yesterday's candle close. This give us a BULLISH opportunity to the resistance zone (red zone). That is also where I will expect a price rejection followed by BEARISH movement. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
Long
by YGForex
1
AUDNZD downtrend setupprice direction: DOWNTREND potential target price: 1.0568 **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
AUDNZD - Daily and 4H - Descending ChannleDescending Channel visible on both 4H and Daily. Market has respected this pattern since mid August. Daily is still on a downtrend and forming a LH. rejection could lead to our bearish setup. BUT 4H is just forming its first HH. Heavy buyers volume at the moment, if sellers don't enter the market soon we could see the breakout of this descending channel. Right now personally will be patient on this Pair and keep a lookout for next week. Follow us for more ideas and setups Sam
by Capitalflowsam
AUDNZD - Buy opportunity seems almost readyThe market hasn't over so many opportunities at the moment a that is worth to trade in my opinion. Lately, .. the market has just gone very corrective that has last for several weeks startingin early Novermber. Nevertheless, AUDNZD pair is still something to keep our eyes on, in my opinion. This pair has reach the daily double bottom area (inflection point) while forming a corrective descending structure (Falling Wedge like). The price even pierced through that area.. What interesting is, when the price pierced through it, it quickly gone back up in a impulsive manner. Its usually a signal from the market that the bearish move is just a fake move to catch people on the wrong side of the market. In addition, after this rejection the market has now forming what appear to like a bullish continuation flag pattern on H4 TF. This is enough sign for me that the market want to continue to the upside if it breaks this bullish flag. I set a stop order entry on the break of this bullish flag structure, with sl below the flag. 1st target is 1.06800 with the break above that opening the potential of the price go to 1.07500 and even 1.10500. Lets see how will this pair develop. Good Luck.. __________________________________________________________________________________________________________________________________________________________________ Here is the MOA FX technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger. __________________________________________________________________________________________________________________________________________________________________
Long
by moa_trading_journal
AUDNZD - Falling wedgeWhen a security's price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move. The trend lines drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline. Before the lines converge, price may breakout above the upper trend line. When price breaks the upper trend line the security is expected to reverse and trend higher. Dear traders are looking for an entry point into the long
Long
by Yuriy_Bishko
8