AUDNZD Trend prediction.
The price has created the trend channel heading towards the support zone where is expected to bounce back towards resistance.
Audnzdlong
Model Signal- AUD/NZD Buy: 1.0787The Ingenuity Trading Model is a Geometric Hidden Markov Model with specific inputs related to Price, Time, Volume, and Volatility.
Our Algorithmic Trading Model offers real-time buy or sell signals with specific entry and exit prices.
WE COULD HAVE A SELL ON AUD/NZD!!Price failed to respect the 4hr trendline after hitter a major resistance level at 1.10000. Price is continuing downward in the counter-trendline. We see that price broke the 1.08250 level and is now in the process of retesting it. We are waiting for a pattern or candlestick formation to form to place our trade. Tp set at 1.07500 because there are a lot of buy orders sitting within that zone due to a 50% Fibonacci line-up.
AUDNZD path and direction Possible breakout for AUDNZD wait for confirmation on lower time frame
Wait for monthly candle close above trend line
Possible divergence in making
Long Position: Australian Dollar is go up in the demand zone!!!In this analysis that was pending, we see a strenghten of Australian Dollar/ New Zealand Dollar.
In Daily timeframe we see a clear bulls are go back to the demand zone and this is so positie for bulls, becuase bulls are trying with success that bears don't slump the price. The trend is clear bullish!!!
In the H4 timeframe, in the Sunday's yesterday when Forex was open up, there would been a manipulation of the market, and then, this analsyis enfocous in the H4 timeframe show how the short position will been liquidated yesterday if you put any short position, because I was said you in the past week that we need to hope a confirmation, it's very natural to seeing a manipulation of the market, but for that we need to mark my own strategy based of supply/demand.
I put a buy order limit at $1.0826 with a SL at 35 pips and my take profti it's 180 pips, we could see a huge potential of this par within on this week.
For tomorrow, we have the meeting of the Bank of New Zealand about the interes rate, and today we have the Rate Statement of the New Zealand's Central Bank. I dont have a much data of New Zealand's news, because this par is so move for supply and demand, and do you know, this par there's not present specualte news on Forex, becuase Australain Dollar, New Zealand Dollar, Canadian Dollar and Swiss Franc, these currencies don't represent speculate news as US Dollar, Euro or Sterling Pound, these major currencies on the world it's moved with a lot fundamentals and sometimes based in technical analysis.
Price just rejected the POC heavilly, looking for buysThe red line is the Point of Control of the Volume Profile, witch means where market participants have been the most active in the market (most volume). It is considered as strong support in an uptrend.
Here Price just rejected this key level with a strong engulfing candle, indicating that the price will be continuing upwards.
I am looking for a good entry to target the highs.
3.2 RR
simple
AUDNZDThe Aussie Dollar going against the New Zealand Dollar might go further to the upside as I see a rejection from a major level of SUPPORT (1.08380)
AUD/NZD - Ichimoku Long TradeThis pair found some support and had a bullish kumo breakout towards the end of last week.
This pair tends to be one that trends pretty well.
I'm looking for a breakout above recent price structure highs to enter my long position.
I've drawn out a few partial take profit to aim along the way to my overall target at price structure highs.
If we fail to breakout and above previous price, or if our trend confirmations change, this setup may become invalidated.
Breakout Confirmation | Long on Pullback SetupLooking for a pullback to retest the broken descending TL in confluence to the 0.618 fib retracement and previous area of support. SMA50 is also supporting the momentum shift pretty nicely and I'll be targeting the 1.09600 resistance area for TP!
AUDNZD Strong buy 1:2 Risk to Reward Trade. (Signal0Alright, everything should be self explanatory, take a trade on the retest.
AUDNZD SHORT TERM SHORT, LONGS PENDING.Hey Traders. Here is the full breakdown analysis for AUDNZD short term and long term. Let me know your thoughts below!
AUDNZD Long As we can see, the AUDNZD failed to break the lower trendline, looks like it will continue with a bullish Formation. this is a long term trade, daily.
Thank you,
AUDNZD, Biased ?AUD is pretty much weaker so does NZD,
So strong bearish signs
but technically
Falling Wedge
Strong Rejection
TL Holding
If holds then strong bullish
else
wait for the breakout and Retest
We'll be having major Fall..
AUDNZD 300+pips swingWe have price 1.08364 acting as strong resistance as it acted as strong support previously. I am expecting price to bounce from this area to reach price 1.11929 long term. Simple break and retest strategy
AUDNZD - Friday TradeLooking to take some profits from the markets before we get hit with the NFP data release. This is the trade of choice this morning, I will update you when I close or adjust the trade position.
AUDNZD Long SetupHey traders, here is the analysis of the AUDNZD long trade. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
AUD/NZD BullishIn my opinion do not rush to enter the buy. price probably will reject from this level however the current momentum is still bearish. Wait until price shows the bearish are slowing down and bulls are ready to bring the price up.
