AUDNZD long idea....Looking now for confirmations for a valid long entry. 3 confluences of support at circled area, overextended market, 786 fib level and S1 monthly fib pivot. The 200 EMA is there acting as dynamic support, as well. Seems like a good level to go long from. Aggressive entry is now, at market. A safer entry is to wait for price to break resistance at 1.07357
:warning: This could very well be the time price breaks the channel support. So be careful here.
Audnzdforecast
AUDNZD LONGRegarding the my modified moving average, I made 4 trading decisions on the pair which the 2nd one did not activated!
hopefully, all 3 of them were successful, and the last one by chance!
You can decide between these 2!
1st)
Open trade: 1.08468
TP: 1.09049
SL: 1.08178
2nd)
Open Trade: 1.08715 (a bit higher then the line)
TP: 1.09313
SL: 1.08184
!
I got the last confirmation from Price Action!
ATTENTION: The modified moving average is not a magical tool! it does not have a great results in backrests! I use it base on my strategy.
AUD/NZD BUY OPPORTUNITY.......AUD/NZD CREATE BUTTERFLY PATTERN,SO NOW IT TIME TO GO UP TO 1.10169 LEVEL.
##DEAR Traders,let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watchlist and see if
the rules of your strategy are satisfied.Thank you
AUDNZD Update!Hello Fellow Traders, Here is a Full Analysis on AUDNZD.
I have left my previous analysis below
The Best way to follow my Analysis is if the following conditions apply.
Conditions -
1. Wait for the Market to Show you some Rejection / Confirmation / Direction
2.Wait for confirmation(Price Action Confirmation Aka . Pinbar , Bullish or Bearish engulfing / Break of structure Aka Support Or Resistance)
3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND )
4.Always Use Risk Management (Risk 1% of your capital)
5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation)
6.Trade at own risk.
7.Show some support Below (Like , Comment , Follow & share)
Let Me know if you have any Questions or Comments Below
Happy Trading & Goodluck!
See You in the next Analysis!
Global Fx Education
AUDNZD 1D TIMEFRAMEHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
AUDNZD 4H TIMEFRAME ANALYSISHello Traders, here is the full analysis for this pair, let me know if you have any questions, comment section below the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
AUDNZD looking bearish
The Aussie dollar registered a triple top from the daily candle domain, opening the Asian market under bears dominance after the RBA reported high unemployment levels and the economy operating below its capacity.
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RBA Royal Bank of Australia response Bearish - positive for RBNZRoyal Bank of New Zealand (Bullish)
The RBNZ, which predicts prices will rise 22% in the year through June,
is reinstating mortgage lending restrictions.
Royal Bank of Australia (Bearish)
- Australia's interest rates will stay low until 'at least 2024', RBA says
- Philip Lowe used a speech to a summit convened by the Australian Financial Review on Wednesday
to signal that the official cash rate will remain at
historic lows until “at least 2024” because there is
no prospect of wages growth hitting more than 3% before that time.
Royal Bank of Australia (RBA) is struggling to raise
interest rates and not seeing wage gains until 2024 for most employers.
No reason AUD/NZD should be so high correction to 1.03