Get started

Audnzdlong

AUD/NZD:FULL FUNDAMENTAL ANALYSIS + CHART PATTERN | LONG SETUP🔔The New Zealand GDP for the second quarter decreased 2.8% quarterly and 17.4% annualized. Economists predicted an increase of 1.3% and 16.3%. Forex traders can compare this to the New Zealand GDP for the first quarter, which increased 1.4% quarterly and 2.9% annualized. The New Zealand GDP Annual Average for the second quarter increased 5.1% quarterly, and GDP Expenditure increased 2.6% quarterly. Economists predicted an increase of 4.3% and 1.4%. Forex traders can compare this to the New Zealand GDP Annual Average for the first quarter, which decreased 1.4% quarterly, and GDP Expenditure, which increased 1.4% quarterly. New Zealand Offshore Holdings for August were reported at 47.70%. Forex traders can compare this to New Zealand Offshore Holdings for July, reported at 46.6%. Australian Consumer Inflation Expectations for September increased 4.4% annualized. Forex traders can compare this to Australian Consumer Inflation Expectations for August, which increased 3.3% annualized. Australian HIA New Home Sales for August increased 5.8% monthly. Forex traders can compare this to Australian HIA New Home Sales for July, which decreased 20.5% monthly. The Australian Employment Change for August was reported at -146.3K. Economists predicted a figure of -90.0K. Forex traders can compare this to the Australian Employment Change for July, reported at 3.1K. The Unemployment Rate for August was reported at 4.5%. Economists predicted a reading of 4.9%. Forex traders can compare this to the Unemployment Rate for July, reported at 4.6%. 68.0K Full-Time Positions and 78.2K Part-Time Positions were lost in August. Forex traders can compare this to the loss of 5.0K Full-Time Positions and the creation of 8.1K Part-Time Positions, reported in July. The Labor Force Participation Rate for August was reported at 65.2%. Economists predicted a reading of 65.7%. Forex traders can compare this to the Labor Force Participation Rate for July, reported at 66.0%.
by FOREXN1
2
AUD Versus NZD: A Fundamental Outlook and Trade UpdateFundamentals: It has been a hawkish month for the Reserve Bank of Australia. The recent meeting suggests that their guidance ramps up into a more hawkish tone. Both monetary and fiscal policies are aussie positive, so far. One thing I keep in mind is their fiscal policy in response to the current covid-19 lockdowns. I believe that the Reserve Bank of New Zealand is overly hawkish, given their currency price. For the next few weeks, the AUD currency give us a more underdog positioning to exploit versus the NZD currency. Technicals: (1) Monthly support (2) 61.8% fib (3) Oversold indicators (4) Divergence (5) RSI at extreme levels Daily:
Long
by Rocketman
2
AUD/NZD SELL OPPORTUNITY NOW....... 💹AUD/NZD ⏬BUY @ 1.0447 ✅TP-1# 1.0440 ✅TP-2# 1.0467 ✅TP-3# 1.0521 ⛔️SL 1.03432 N.B-IF 1.0440 NICK LINE BREAKOUT THEN MARKET GOES TO TP-3. OTHER WISE FOCAUS TP1 ONLY. AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad
Long
by AronnoFx
AUDNZD will reversal Hello traders In this analysis, the Pending order scenario with SL 16pip follows the scenario PO at that price is already listed on the chart TP 1st , 2nd , 3th are already on the chart . Full target with the assumption of shifting the SL to the target that has been achieved so that if the price changes to Pullback the trader will save profit. please for reference comparison analysis. if you like you can share and like and share with friends, hopefully this analysis is useful. Greetings Profit
Long
by RMZ4x_RMZFC
Aud-Nzd, my bullish viewOne currency pair that I find particularly interesting is Aud-Nzd. I state that all my analysis focuses on the Covid-19. Above, you can see the chart with the most significant levels drawn. At the Reserve Bank of New Zealand's last meeting on 18 August, the Governor stated that the " decision was made in the context of the Government's imposition of Level 4 COVID restrictions on activity across New Zealand ", i.e. the introduction of lockdown in New Zealand. He added that " Today's re-introduction of Level 4 restrictions to activity across New Zealand is a stark example of how unpredictable and disruptive the virus is proving to be ." Ultimately, " The Committee noted the considerable uncertainty that exists regarding the longer-run impacts of COVID-19, particularly with the emergence of new variants. Globally, periods of health-related mobility restriction are likely to continue for some time, creating ongoing short-term economic disruptions, supply cost pressures, and lower productive capacity ." Australia had reintroduced the lockdown about a month earlier, with Aud-Nzd dropping nearly 400 pips since then. Now that lockdown has been reintroduced in New Zealand, it is very likely that we will see the currency pair settle at much higher levels than it is now. As always I leave the stop-loss (and position size) to you and your money management, for the target, I will close most of the position at 1.06900, with the next and final target in the 1.07800/1.08100 area.
Long
by TradingwDavid
1