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Audnzdforecast

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
AUDNZD Elliott wave analysisFX:AUDNZD Due to the weaker monetary policy in of reserve Bank of New Zealand the kiwi dollar had lose some strength against all the currency pairs AUDNZD has managed to gain some strength towards 1.10430. At 1.10320 it has formed a double top formation which triggered selling of kiwi dollar An it also formed a ABCDE Elliott wave pattern which has further sliding of AUDNZD Currently this pair was trading in a falling channel. After reaching 1.0900 which is a major psychological level it bounced back towards 1.09600. Here is a 50% Fibonacci of previous high and low At this juncture clear bearish engulfing candle has formed and a bearish flag pattern. Suitable selling positions may opened at current level and the target would be 1.08383 which is a next resistance level and the expected level of Elliott wave 03 Stop lose may place above 1.10120 level If the price broke at 1.1000 level this Elliott wave pattern will got invalidated Important levels to watch August high - 1.10434 August low - 1.07180 July low - 1.05650 July high - 1.07520
Short
by forexorbit
AUD/NZD - price returning to weekly resistance now support?AUD/NZD price has today returned to a significant technical zone - the upper boundary of the weekly descending trend channel that has kept price in check for the past six years. Price broke to the upside from this channel in Early-August, which may signify a reversal in overall trend. However, price has performed breaks to the upside previously, only to then return back to the trend channel. Nonetheless as price action has returned to the upper boundary, we will be looking to see whether price action shows strong rejection on the daily timeframe, in which case we will enter long with an target of 1.095. If price breaks back into the weekly trend channel, we will then starting looking for potential short entries, to catch the ride back down to the lower boundary.
by TheForexFellows
AUDNZD shortMonthly 1 touch 2 touch makes a trend line 3rd touch usually completes the trend Weekly 1 touch 2 touch makes a trend line. 3rd touch to complete the trend. 1. Market has reached psychological level between 1.09100 and 1.10000. 2. Looking for 1 more weekly rejection candle to support bearish momentum to the down side. 3. Looking for confirmation in the lower time frame to take a sell. 4H 1. Waiting for price to retest 1.09500 or break up and even get to 1.09600 and create a zone to break out off heading down 2. If price respects 1.09500 and rejections candles are created will be looking to take a sell down to 1.08200
Short
by Mafora
AUDNZD NEW ANALYSIS!Hi Traders, here is the full Video UPDATE Analysis / Breakdown for AUDNZD. HIT THAT LIKE AND FOLLOW BUTTON! A like & a Follow or comment is a Free way to Show your support! Conditions - 1.Wait for confirmation(Wait For Price Action Confirmation / Market Environment Change ) 2.Use Risk Management (Risk 1% of your capital) 3.Do your Own analysis! 4.Follow for more Analysis like this! Your Support is Appreciated! See You in the next Educational Video / Analysis #likeandfollow
Short
by Global_Fx
2
AUDNZD, 4hr tf, double top pattern with ichimoku confirmationHello my friends, This pair come into my forex screener and i saw a promising setup to it. A double top pattern on the 4hr timeframe, price also already broken below the neckline and retested it. I got another confirmation from the ichimoku as price also broken below he bullish cloud. It also show sign that price could continue it declines as the cloud start turning red. Sell AUDNZD @1.0930 Stop loss @1.0970 Take profit 1 @1.0880 Take profit 2 @1.0830 Use only 1-2% risk Good luck Disclaimer : i sold this pair at 1.0930 as well
Short
by HayatoDragonFX
1