Audnzdanalysis
AUDNZD - SWING SETUP - 08. SEPTEMBER 2018WELCOME TO DACAPITAL TRADING!!
MONTHLY FOREX MASTER SIGNAL
4 HOUR
Bullish movement towards previous H4 Resistance Level
DAILY
Overall sideways AUDNZD movement with several reactions
WEEKLY
Overall bullish market with a small bearish pullback
LEVELS
SELL AUDNZD @ 1.09680
SL @ 1.10020 (30 Pips)
TP @ 1.08680 (100 Pips)
Easy Setup, keep holding we will update you!
Enjoy our limited Content and Setups,
leave us a like and Comment!!
AUDNZD Elliott Wave View: Further Downside ExpectedHello Traders,
AUDNZD Short-term Elliott Wave view suggests that the rally to 1.1066 ended red wave X. The internal subdivision of red wave X is unfolding as a zigzag Elliott Wave structure where black wave ((a)) ended at 1.1048, black wave ((b)) ended at 1.0992, and black wave ((c)) of X ended at 1.1066. A zigzag is a 5-3-5 ((a))-((b))-((c)) structure in which the subdivision of wave ((a)) and ((c)) is in 5 waves, either as impulse or diagonal.
Down from 1.1066, red wave Y is in progress as a double three Elliott Wave structure where black wave ((w)) ended at 1.0945 and black wave ((x)) ended at 1.0986. Below there, it soon can end a 5 waves structure in blue wave (a). Afterwards, a correction in blue wave (b) in 3-7- or 11 swings is expected. As long as the pullbacks stay below 1.09875 it is expected to see more downside. We don’t like buying the proposed rally and prefer more downside in 3-7-11 swing as far as pivot at 1.09875 high stays intact.
LONG OPPORTUNITY AUDNZDWe need to be patient and watch carefully for the outcome of this potential set up. If correct we should be able to catch a really nice impulse wave at the breakout of the triangle ( yellow trendline) I set my entry at 1.0926 because I can't sit in front of the screen today but I might just get trapped in. So if you can watch the chart, just wait for the confirmation. S/L at 1.088 (conservative) 1.085 for more room. No target as with those set up I try to ride the wave as long as possible to maximise profit.
Trade Safe!!
AUDNZD Long Setup - Confluence on Multiple TimeframesThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
AUDNZD testing strong resistance, prepare to sellAUDNZD is testing strong harmonic resistance and looks poised to drop from here.
Sell below 1.0797. Stop loss at 1.0833. Take profit at 1.0706.
Reason for the trading strategy (technically):
Price is testing major resistance at 1.0797 (Fibonacci extension, bearish harmonic formation) and a strong reaction could occur at this level to push price down towards 1.0706 support (Fibonacci retracement, horizontal swing low support). Our stop loss is at 1.0833 which is just above a major swing high and Fibonacci retracement to give our trading setup ample breathing space.
Stochastic (34,5,3) is seeing nice resistance at 93% where a corresponding drop could occur.
AUDNZD Unexpected Bollinger Band SpikeHi traders,
A long wick has been left outside of the Bollinger Band, wonderful spike with the Bollinger Bands having the perfect angle. I entered the trade as soon as the candle closed with my profit target set at the 50% Fibonacci level. If the next candle goes against me, I will be closing the trade, otherwise I will put it to break-even. We have a slight divergence as well.
(This is not a trade recommendation!)
AUD/NZD 1H Chart: Breakout from symmetrical triangleAUD/NZD 1H Chart: Breakout from symmetrical triangle
In early hours of this trading session the currency exchange rate made a breakout from symmetrical triangle pattern amid the pressure from 55-, 100- and 200-hour SMAs. In result of this downfall the pair has formed a minor descending channel, which is should guide movement of the pair at least until release of data on the New Zealand Retail Sales. But publication of worse than expected figures is unlikely to change the overall trend, according to which the pair is expected to ultimately reach the lower support line of the dominant rising wedge formation. In case the pair bypasses the above moving averages, the subsequent surge should be neutralized by the upper trend-line of a medium-term descending channel.
short at 1.1250 target 1.1132 for technical pullback I expect a technicla pullback after a big breakout of a long term wegde .
so even Nzd is very weak and it will be hard ,usually most of beakout get them pull back around them breakout level.
Also he is luch overbought and we not get yet the new GOV statement about monetary policy...so i try t coz if they mess dovsih same as investor speculate the NZD will get back some Power short time
Short at 1.1250
Target at 1.1132
gain=118 pips
Stop loss 1.1315
same all time i open 2 different position and will close one if i have opporunity to win about 30% of may target and let the secodn in trailing stop
short at 1.0925 for target 1.0833- short AUDNZD at 1.0924 to target 1.0832
- NZD got better than inflation than expected in Q3
- the Rba meeting meeting shows that RBA is not hurry to hike rates even the global economy is quiet good as a labor market and co
so wit the contrast of this 2 opposite position even RBNZ not say that they will hike rate soon yet i think it can be a trade to try
Enter at 1.0925
Target at 1.0832
gain = 92 pips
Stop loss = 1.0962 = 35pips
Risk reward = 1/2.6