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Audnzdshort

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. Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Short
by Yemi_Fx1
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.
by BlackBull_Markets
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!!!!
Short
by DAdepa
SELL Trade Triggerd Moving As Expected :)As per my previous post I explained to you that we would likely see a move above 1.09 area where we had a newly formed Weekly SUPPLY/SELL zone from the current move down. This area has got respected and as per my previous post I would take a position if my TRFX indicator give a higher time frame signal we got that on the 8hr chart around 1.092 and the position is moving nicely. How I will manage this position will be once price reaches 1.08 I will cut 50% of my position and move my STOP LOSS down towards the entry price maybe a little above it. And contine to trail the position down towards the 1.04 area bottom of the MONTHLY range lets see how we go :) Check the related post to understand the reasons behind the position
Short
by TheFxAce
3
Time To SELL ? Nearly time to SELL this pair it has passed my 1.08 target from my previous BUY trade hitting the target now I will look to SELL as we approach 1.09 and above. You can see on the Weekly charts there is a nice SUPPY/SELL zone located here also at a nice resisatnce area before so this will be a really good level for shorting the market on the correct signal. I will wait for my TRFX indicator to give me a SELL signal on the HTF charts then enter a sell trade stop loss will depend on where the signal occured target will be down towards the bottom of the Monthlly range below 1.04.
Short
by TheFxAce
3