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Audnzdforecast

AUDNZD finally to shift out of descending TL?AUDNZD has been a weird pair. Ultimate trend down, but stuck in a range for 7 years already, and no breakout in view. For now, I do see it go long, and potentially trap buyers, but we remain neutral on that for now. Currently, I am eyeing an entry on H1, with the Corrective Pattern broken and potentially getting a retest now. Further confluences are as following: -H1 Structure -50%/61% fib retracement -Breakout of H1 Corrective Pattern -H4 bullish engulfing -Seasonal Prime iextremely Bullish Enter at your own risk and use proper risk management.
Long
by Faizxn_ah
AUDNZD short Trend is your Friend! 1. One Touch, Two Touch and Third Touch usually completes a Trend. 2. EMA acting as Dynamic Resistance, 3. Markets has Bounce off our Golden Fib Zone, Trend line an Psychological level @ 1.08400 where big institutions place orders and take profit. 4. Waiting for 3 Eight hour candles to show signs of rejection to place Sell order 5. I will be Selling at current Price Level @ 1.08400 Safe SL @ 1.08600 80% Partial TP @ 1.07100 10% Partial TP @ 1.07000 Remaining Trade TP @ 1.06800 Only 5% risk will be take for this trade
Short
by Mafora
AUDNZD loves downward channel​​AUDNZD-H1 Key points ⚡️ After the impulse moves from 1.05500 level it has reached around 1.1000 level which is a key psychological level and started falling ⚡️We can clearly see the LL LH LL patterns and trading in a downward channel ⚡️The first major rejection comes around 23.6% Fibo at this level we have selled before but unfortunately it's retraced back towards entry point and felled almost +70 pips from 1.09300 level ⚡️Currently the price felled below the 50% fibo and will continue to fell towards 1.06000 level Like and share our ideas with your friends..Icu have any questions related to this idea comment below
Short
by forexorbit
2
AUDNZD, 2hr tf, sell on retest of resistance with ichimokuHello my friends, Today i got a nice setup on AUDNZD pairs. Well this pair is a bit slow to trade but since it come to my screener so i will take it. Before i start explaining this trade setup, please hit the like button for this post and follow me for my latest updates. I use the 2hr chart to analyze this pair. As you can see this pair is below the red colored cloud so we could say this pair is bearish at the moment. This pair go currently retesting horizontal resistance where it acted as support before. Parabolic SAR also above the price indicating selling pressure on this pair. Sell AUDNZD 1.0825 Stop loss 1.0870 Take profit 1 @1.0780 Take profit 2 @1.0735 Take profit 3 @1.0690 RR Ratio is 1 : 3 Use only 1-2% risk Good luck Disclaimer : I sold AUDNZD from 1.0825
Short
by HayatoDragonFX
1
AUDNZD, 4hr tf, sell below the kumo cloud updatedHello my friends, Today i will review my previous positions. I've got 2 positions about to hit TP. First pair is AUDNZD which i posted at 16th September 2020. I provide the link to previous post so you guys can check it out. Sell AUDNZD 1.0870 Stop loss 1.0920 Take profit 1 @1.0810 Take profit 2 @1.0745 RR ratio is 1 : 2.5 Use only 1-2% risk Good luck This is my trade on 16th September and right now it is floating +100 pips. I've secured partial profits here and set SL to profit for the remaining position. This trade took 2 days to move according to my analysis and setup Congrats to my fellow friends who follow this trade. Drop a like to this post if you joined me selling AUDNZD For those who haven't follow me please follow me to get my latest update Also check my bio
Short
by HayatoDragonFX
AUDNZD, 4hr tf, sell below the kumo cloudHello everyone, For today i am going to take sell AUDNZD positon as there is a potential for further downside. Price now moving below the kumo cloud and parabolic SAR above the price indicating sell pressure. Also noticed there is a small shoulders head pattern on this pair and price already brken below the neckline. I also add 200-EMA and price below this EMA after breakin it twice. Sell AUDNZD 1.0870 Stop loss 1.0920 Take profit 1 @1.0810 Take profit 2 @1.0745 RR ratio is 1 : 2.5 Use only 1-2% risk Good luck
Short
by HayatoDragonFX
1
AUDNZD | PERSPECTIVE FOR THE NEW WEEKAUD/NZD is aiming higher within the broad range despite the announcement from Reserve Bank of New Zealand's governor Orr at the beginning of the month (September 2020) that the central bank is ready to deliver more stimulus. Presently, the pair is trading above the Breakout of the Bearish Trendline hereby closing the last week above the Demand zone @ 1.09200 Tendency: Uptrend ( Bullish ) Structure: Trendline | Supply & Demand | Breakout Observation: i. The line drawn under pivot lows on the Daily chart emphasizes the prevailing direction of price as price comes back to touch Trendline once again! ii. Breakout of Rejection Trendline is another confirmation that points at an Uptrend bias. Trading plan: BUY confirmation with a minimum potential profit of 300 pips. Risk/Reward: 1:3 Potential Duration: 8 to 15 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Long
by darcsherry