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Audnzdtrade

AUD/NZD 1H: Head And Shoulders👋 Hello and welcome traders to another trade ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 💡 Why should you follow our profile on TradingView? 1- Consistent chart updates 2- Clean charts 3- Short and long-term perspectives 4- Visually teaches you valuable lessons 5- High probability setups 6- Analysis on a wide range of major markets SMASH that follow button! 👍 💡 Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you! Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research. Thank you for reading, Cheers to many pips! 🤝
Long
by med-aaris
3
AUDNZD may move downward!!Hello Traders, The AUDNZD is looking like it may make a move upwards before trending back down. On the shorter time frames (4h), Hidden Bullish Divergence has formed at the bottom of the current pull-back. I expect price to rise back up to the current Resistance level around 1.0800 before making a significant move downwards. The 1W chart is well above the zero-level and the trend appears ready to continue downwards. Hidden Bearish Divergence just formed on the 1W MACD/Price Chart, but I expect price to make one more push towards Resistance before falling due to the Bullish Divergences found on the shorter time-frames. I will be watching this pair closely at the start of the trading week for a possible long-trade before entering a short position closer to Resistance. Thanks for reading. If you liked my analysis, please give me a follow. *The above is not investment advice but simply my analysis of the current market conditions and is for educational purposes only*
by pofseur
AUDNZD may begin to rise again!Hello Traders, The AUDNZD may be nearing the end of its current pull-back. Bearish Divergence formed at the previous high on the 16H MACD/Price Chart, signaling the current draw-back. It appears this draw-back is coming to an end as the price is being rejected at the 50-EMA. Also, RSI has cooled off from OVERBOUGHT territory and is beginning to diverge from the Price Chart. Thanks for reading. If you liked my analysis, please give me a follow. *The above is not investment advice but simply my analysis of the current market conditions*
Long
by pofseur