Get started

Audnzdlong

AUDNZD Double Bottom With A Trend Line BreakThe Weekly and Daily Time Frame are all bullish in middle of making their way up to resistance, coming from a strong solid support, the weekly time frame had scored a point and pulled back but I still believe that this is going up higher. the market has formed a double bottom and already broke the counter trend line Im going to wait for the market to pull back then im going to enter and im going to watch out at the resistance level if it breaks through it or if its going to stop and further consolidate, bigger picture this should break out to the north.
Long
by ElyaStein
Australian dollar flagging against Kiwi dollarThe Australian dollar has rallied a bit during the training session on Monday again, pressing the top of what looks to be a bullish flag. This is one of the more bullish patterns that can form, and now it looks very likely to continue to push this market to the upside. The 50 day EMA underneath has offered quite a bit of support, and now it looks as if we are ready to go higher. Based upon the height of the bullish flag, the market could then go towards the 1.15 level above. Short-term pullback should continue to offer quite a bit of support, as the 50 day EMA should continue to be important. Underneath there, at the 1.06 level we have the 200 day EMA. With that in mind, there are plenty of reasons to think that the buyers will return. Keep in mind that the market features two currencies that are highly sensitive to Asia, and with the trade war going on there will probably be a lot of noise. However, Australia has the benefit of being a major exporter of gold, so that does tend to stabilize the policy more than anything else. Beyond that, the Australian economy is much more resilient in both scope and size than the New Zealand economy, so all things being equal when things get a bit dicey from a global standpoint, it makes sense that the market should continue your attire. It is not until the market breaks below the 200 day EMA that selling is even possible, and at that point one would have to think that there is a complete shift in overall attitude when it comes to the US/China trade situation, or some type of major issue with the Australian dollar itself that would be shown again several different currencies.
Long
by Forex4you
AUDNZD - Buy NowAUDNZD shows that over sold situation in bollinger bands which is a bullish movement and middle bollinger band is crossing top of 50EMA also shows us a bullish movement. RSI line also shows us whenever the price was hit 33.37 level and move to upwards. So all of these confirmation AUDNZD is better for buy option for certain period time or pips. TP's & SL is up to you. Note: Trade at your own risk and no any fundamentals are involved in this. Like and comment on us. share your ideas. turningpointfx.com
Long
by TuanMSallay
AUDNZD The Third MoveHELLO TRADERS, It is likely that we have completed the regular flat correction there in the middle and now we are headed up to complete the bigger 1-2-3 move. Look out for a rejection at the trend line above because once it reaches there it can fall back down and start making a more complex correction, which means that the the impulse to break the 1.1474 zone has still not started and we are still in a more prolonged correction! We will have to re-evaluate price action as the price moves along. Stay tuned! Check out some of my other ideas posted under 'related ideas' down below. Don’t forget to like & follow. I will be posting forecasts & trade setups on a regular basis! THANK YOU & GOOD LUCK!!
Long
by UnknownUnicorn852976