AUDNZD Head&Shoulder Breakout With Bullish CSFAUDNZD longer term time frames is showing a double bottom, since then the market kept going up, recently the market toke out a high and paused for a little bit, now the market broke out again with a Counter trend line break with a bullish engulfing candle showing continuation of the bullish move.
Audnzdlong
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.
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turningpointfx.com
AUDNZD #Forex #ForexTrader #ForexTrading #ForexChartAUDNZD - Possible longing opportunity.
Last two days have tried to close below the 1.07 even handle but failed twice.
AUD seems to be gaining in strength the last few days of last week noticeably against the USD.
Once i get my signals of a long i will be opening a trade.
Any questions feel free to drop me a message or a comment and i'll be willing to offer any help i can.
Ben
#PipGainFX
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!!
AUDNZD to reverse from downside confirmation, potential drop!
AUDNZD to reverse from its downside confirmation at 1.06403 where it could potentially drop further to 1.06156.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDNZD Fundamental Analysis – September 9th 2019Here are the key factors to keep in mind today for Australian Dollar trades:
Chinese Trade Balance: The Chinese Trade Balance for August was reported at $34.84B. Economists predicted a figure of $42.80B. Forex traders can compare this to the Chinese Trade Balance for July which was reported at $44.58B. Exports for August decreased by 1.0% annualized and Imports decreased by 5.6% annualized. Economists predicted an increase of 2.1% and a decrease of 6.3%. Forex traders can compare this to Exports for July which increased by 3.3% annualized and to Imports which decreased by 5.3% annualized.
Australian Home Loans and Investment Lending: Australian Home Loans for July increased by 4.2% monthly. Economists predicted an increase of 1.5% monthly. Forex traders can compare this to Australian Home Loans for June which increased by 0.6% monthly. Australian Investment Lending for July increased by 4.7% monthly and the Owner-Occupier Loan Value increased by 5.3% monthly. Economists predicted an increase of 1.5% and a decrease of 1.0%. Forex traders can compare this to Australian Investment Lending for June which increased by 0.9% monthly and to Owner-Occupier Loan Value which increased by 4.1% monthly.
Here is the key factor to keep in mind today for New Zealand Dollar trades:
New Zealand Manufacturing Activity and Manufacturing Volume: New Zealand Manufacturing Activity for the second-quarter decreased by 0.7% quarterly and Manufacturing Volume decreased by 2.7% quarterly. Forex traders can compare this to New Zealand Manufacturing Activity for the first-quarter which increased by 1.0% quarterly and to Manufacturing Volume which increased by 2.0% quarterly.
Should price action for the AUDNZD remain inside the or breakout above the 1.0630 to 1.0705 zone the following trade set-up is recommended:
Timeframe: D1
Recommendation: Long Position
Entry Level: Long Position @ 1.0660
Take Profit Zone: 1.0920 – 1.0990
Stop Loss Level: 1.0615
Should price action for the AUDNZD breakdown below 1.0630 the following trade set-up is recommended:
Timeframe: D1
Recommendation: Short Position
Entry Level: Short Position @ 1.0570
Take Profit Zone: 1.0385 – 1.0450
Stop Loss Level: 1.0630