AUDNZDHi
AUDNZD has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
This is a personal opinion and you are responsible for any trading decisions.
Audnzdshort
The logic behind the AUDUSDThe head and shoulders pattern has formed, with the US dollar maintaining its strength, indicating that bearish momentum is inevitable for the Australian dollar
The January core inflation data, including CPI , PPI and retail sales, all rebounded. Combined with the wage data in the non-agricultural employment report, it shows that US inflation has rebounded in stages. Although the downward trend of inflation remains unchanged, it will stimulate Fed extends rate hikes
The U.S. dollar rebounded strongly due to the rise in inflation and stimulated the central bank to raise interest rates. Worries prompted investors to cover the U.S. dollar, and the U.S. dollar regained its dominance in the short-term situation. At the same time, the strong US dollar depresses commodity prices, and the Australian dollar loses its power. Interest rate hike expectations are also extremely detrimental to the performance of U.S. stocks. After the end of the earnings season, U.S. stocks lack guidance, and rising inflation suppresses market liquidity and puts pressure on stock market sentiment.
In this situation, the short position of the Australian dollar has the best time, location, and harmony.
Technical head and shoulders The head and shoulders pattern is a high chance of winning in the technical trend, and it is one of the skills that must be mastered
SasanSeifi💁♂️AUD/NZD 👉 6HHI TRADERS ✌As you can see, the price faced selling pressure from the range of 1.10. We can expect the price to continue to the 1.08730 range and fill the FVG with the correction.it should be seen that the price will react to the specified range, the possibility of a positive reaction can be considered.
❎ (DYOR)...⚠⚜
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Yemi_Fx1 | Short for AUDNZDPrice has been trading and moving in an ascending channel so far, currently it's approaching an area of value + the upper dynamic trendline of the channel. If the structure hold, AUDNZD will be experiencing a move downward.
I'll be considering
A Risk entry type at the top of the bearish structure at an area of value.
Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.
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AUDNZD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective of AUDNZD .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I see price to make a retracement to fulfill the imbalance lower and then to reject from bullish order block.
‼️Attention!!! Due to the fact that we have news on AUD upcoming week, the analysis can be invalidated.
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AUDNZD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective of AUDNZD .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I see price to continue the retracement to fill the imbalance lower and then to reject from bullish order block.
‼️Attention!!! Due to the fact that we have news on AUD upcoming week, the analysis can be invalidated.
Like, comment and subscribe to be in touch with my content!
AUDNZD.....SELL (233 Pips)Due to the increasing strength of the NZD, i expected the AUDNZD to dump to last week's desirable target at 1.0711. Unfortunately it wasn't as expected, still looking for a perfect sell out on AUDNZD.
As you can see technically, AUDNZD formed a double top over this year's high on Monday 16th Jan...… expecting this double top to continue its sell run after the completion of the double top.
AUDNZD - Expect selloff ✅Hello traders!
‼️ This is my perspective on AUDNZD.
Here we are bearish from daily perspective, so I am looking for shorts. I expect bearish price action from here as price formed a normal divergence and rejected from bearish orderblock + institutional big figure 1.10000.
‼️Attention!!! Due to the fact that we have a lot of news events upcoming week, the analysis can be invalidated.
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AUD/NZD: Trans-Tasman analysis The AUD/NZD is an interesting pair to examine after the release of each country’s respective inflation reports yesterday.
In New Zealand, the annual inflation rate remained steady at 7.2%, prompting investors to forecast that inflation in the country has peaked, and the Reserve Bank of New Zealand can slow the pace of interest rate hikes moving forward, inducing a fall in the NZD against the US dollar. The next interest rate decision from the RBNZ is on February 22.
Australia’s inflation data, came in hotter-than-expected, at 7.8%, up from 7.3% in the previous reading. As a result, the Australian dollar climbed to a fresh 5-month high, almost the only major currency making a significant move against the US dollar on the day, as the market priced in a ninth consecutive rate rise by the Reserve Bank of Australia’s on February 7.
Naturally the AUD/NZD cross pair has begun to diverge quite significantly, with an emphatic break above the 200-EMA line, due to their respective performances against the USD. 1.09600 appears to be the most immediate level of resistance for the pair now, but doesn't seem to be holding up all that well against current buying activity, with the 20 EMA/ 1.09480 acting as the support.
AUDNZD...SELL (119 PIPS)With a RR of 1:4, i'm looking for a perfect short on AUDNZD.
technically, AUDNZD is currently in a bearish market. Looking at previous high from 16th Jan's Asian session, AN fell from the top and bounced back getting to the end of the week. On the Day TF, you could see AUDNZD retraced from thursday's low and retested the 61.8% fibo mark.
You could clearly state that, AUDNZD is currently trading in my region zone ( REd Box region)......
NB: I SEE A POTENTIAL 500 PIP SELL, but going out on its first short!!!!