FX:AUDNZD wait for one or more candle form on the support to buy
AUD/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...
AUDNZD Looking for a bounce from here to the 108 levels if the line holds. Quick profit here!!
In an ideal world, the AUDNZD would continue another wave of the uptrend and close above 1.10198. Excuse my purple arrows lol they are for my reference of some S+R that I want to keep an eye on... On the Weekly, we've been making lower lows since the 6th of April 2015. More recently on the Daily chart, we've been making Higher Highs and Lower Lows since the...
Over the weekend I mentioned the 1.0765 handle on the AUDNZD. Before the March 3rd close above the area, it had served as resistance on several occasions since May of last year. Although buyers haven’t shown much urgency, they have managed to hold price above the 1.0765 area this week. Furthermore, if we drill down to the 4-hour chart, we have what appears to be...
The AUDNZD came alive in February and continued its bull move through the first half of March. It was the first significant higher high since March of last year when the cross was trading at 1.1280. Since last month’s high at 1.1018, the pair has pulled back and consolidated. But the way in which buyers have held price above 1.0765 suggests a healthy form of...
s3.amazonaws.com When the retrace was broken last time it cleared straight to 78.6 and beyond. This idea is a bit late unfortunately and is working on the weekly time frame. If you plan your entry well, you could still have a decent long position.
1.05 - key resistance level Bullish outcome: 1. Daily close above level 1.05 - targeting levels 1.056, 1.063 and 1.078 above it. 2. Close above 1.05 - go to 1.056, then bounce back off 1.05 and up again to 1.063 and possible above it. 3. Bounce of around 1.045 and then close above 1.05 Alternatively bearish daily candle closing below 1.045 and open the way to...
Based on AB=CD pattern , Time Ratio & Gann Analysis. This is a potential long position for at-least 600 Pips, It has a potential for 1100 or more pips, the minimum expectation is 600 Pips from this trade ! This trade has a complete structure and every single move will earn you Huge Pips. I have tried to mark the best entry points. .TP & SL are mentioned in the...
AUDNZD bullish Forecast 320 Pips Target: Daily 1.618 Fib Extension @ 1.0530 - Support in April 2016 and Resistance in Nov 2015 Bullish Kings Crown Reversal on 2H chart StochRSI Going UP