AUDNZD Analysis Long positionAUDNZD is going up to 1.09840 next week.
Just long after opening market on Monday.
SL is 1.090
AUDNZD trade ideas
AUD/NZD Daily AnalysisSince printing a daily swing low at 1.0750 earlier this month, the buyers have been steadily pushing price higher. Resistance was found at 1.0885 for several days until breaking through last week. There may be a pullback/retest/rejection and a long setup on the cards in the new trading week.
OPPORTUNITY FOR BUY AUDNZDWe have these indicators for BUY opportunity:
- Reflection from Upper Trend Line
- Support from Strong zone (3 x low: Year + 6M + 3M)
- Low volume to continue the current direction
- Return to Down Trend Line
We define 3 goals:
TP 1 = 40 pips
TP 2 = 100 pips
TP 3 = 200 pips
SL = -200 pips
AudNzd shortA short trade signal for AUD/NZD suggests that the Australian dollar is expected to weaken against the New Zealand dollar.
From a fundamental perspective, weaker economic data from Australia compared to New Zealand, a more dovish stance by the Reserve Bank of Australia compared to the Reserve Bank of New Zealand, and lower commodity prices impacting Australia's economy can all contribute to the bearish outlook. These combined factors indicate a higher likelihood of the AUD depreciating against the NZD, supporting the short trade signal.
AUDNZD: Bearish Continuation & Short Trade
AUDNZD
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short AUDNZD
Entry - 1.0918
Sl - 1.0951
Tp - 1.0862
Our Risk - 1%
Start protection of your profits from lower levels
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things are looking upcheck out some of my ideas. also I don't take every trade idea that you see here
these are assumptions before price action completes and confirms. The point of my ideas are to predict price action everyone knows that's next to impossible but I'm having fun.
I am not a professional trader nor am I technical . all ideas are based on what I understand price to be. when I see certain confluences that aligns with my trading strategy, I then look for my opportunity to enter trades.
Good luck and happy trading
AUD-NZD Short From Resistance! Sell!
Hello,Traders!
AUD-NZD went up sharply
And will soon hit a
Horizontal resistance
Level of 1.0954 from where
We will be expecting
A local bearish correction
Sell!
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Check out other forecasts below too!
AUDNZD...DT ContinuationI believe that the downtrend on the 1D timeframe will continue, given that Price Action closed below 1.0877.
Resistance at 1.0874 has encountered a price rejection and may be poised to resume the downtrend following this significant rally.
If the resistance level at 1.0942 is broken with the price closing above it, there is a possibility of the price moving higher towards the supply zone around 1.0962.
Nice AUD strengthTook this set up as a swing trade on Monday. Riding this baby up while trailing my SL, as far as it wants to take me.
AUDNZD - NEW BREAKOUT !Hello Traders !
The AUDNZD failed to create a new lower low !
The Lower high is broken (change of character).
So, I predict a bullish move🚀
____________
TARGET: 1.09345🎯
AUSSIE NZD DUE FOR A BUY!Over the past 4hrs, price made a significant move in the market. It currently trade at 1.09264. Buy activity May resume from that area.
Target price is 1.10271
Short AUDUSD it's a neutral company
It's not been moved by any sector ..
It's on a consolidation ..
So I am taking the trade in its consolidation,
Trading Signal for AUDNZDAttention traders,
We have identified a trading opportunity for the AUDNZD currency pair based on our analysis using the EASY Quantum Ai strategy.
Direction: Sell
Enter Price: 1.08518
Take Profit: 1.08375
Stop Loss: 1.08763
Rationale: Our forecast suggests a bearish movement for AUDNZD. This prediction is based on several key factors:
1. Technical Analysis: Our algorithm has detected a downtrend pattern with increased selling pressure, indicating a likely continuation of the bearish trend.
2. Economic Indicators: Recent economic data from Australia shows weaker-than-expected growth, further strengthening the bearish outlook for AUD against NZD.
3. Market Sentiment: Sentiment analysis reveals a growing preference among traders for the NZD due to relatively stable economic conditions in New Zealand.
Please execute this trade with caution and ensure proper risk management. Happy trading!
Best regards,
Trading Team
AUDNZD...DOWNTRENDAnalysts are leaning towards a continuation of the downtrend for the AUDNZD forex pair, citing fundamental factors.
The contrasting positions of the Reserve Bank of Australia (RBA) and the Reserve Bank of New Zealand (RBNZ) are considered to be a significant factor. A central bank with a more accommodative stance suggests a readiness to maintain low interest rates, potentially leading to a depreciation of the currency.
Comparing Interest Rates: If the RBNZ takes a more assertive approach in raising rates compared to the RBA, it may increase the appeal of the NZD to investors, resulting in a stronger NZD against the AUD.
Currency Pair: AUDNZD - Trading SignalDirection: Buy
Enter Price: 1.08677
Take Profit: 1.08788
Stop Loss: 1.08477
Dear Traders,
We have identified a promising trading opportunity on the AUDNZD currency pair. Based on our analysis using the EASY Quantum Ai strategy, we recommend entering a buy position at the price of 1.08677.
Why Buy AUDNZD?
1. Technical Analysis: The recent price action suggests an upward momentum. The currency pair has shown a strong support level near 1.08477, which strengthens the potential for upward movement.
2. Fundamental Factors: Economic indicators and forecasts for Australia seem optimistic in comparison to New Zealand's, which generally drives the AUD stronger against the NZD.
3. Market Sentiment: Traders' sentiment and market volume indicate a bullish trend. The market has exhibited consistent buying pressure, and this is supported by our AI-driven model.
Trade Details:
- Entry Price: Open your buy position at 1.08677.
- Take Profit: Set your take profit at 1.08788 to secure gains once the price reaches this level.
- Stop Loss: Place your stop loss at 1.08477 to minimize potential losses in case of adverse market movements.
Remember to trade responsibly and ensure your risk management strategies are in place.
Happy Trading!
Best,
Your Trading Analysis Team
AUDNZDThis Weekly FORECAST
Opportunity for AUDNZD. This setup trading idea is for intraday. >> TAYOR
*Long first and find short after entry zone.
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
AUDNZD confirms a buy,2hrAUDNZD was previously in a downtrend selling very hard. Then changed direction
We now trying to follow It where ever it is going and It seems that it is going to buy on technical side. We have been waiting for it to break the previous LH to confirm the change in direction. AUDNZD is on its third touch on the support from which it is retesting making it a very reliable zone that makes it change direction when ever it is reached.
AUDNZD ready to start bull runby breaking the last LH and breaking the bearish trendline on 4hr TF which are good indicators that the pair will start a bull run
AUDNZD …. ready to continue short? … the week of 24 June, 2024As you can see on my D1 chart, this pair was in a bearish trend until 05 June but then it starting retracing. The recent 2 days we have seen a doji followed by what could be a shooting star. These indecision candles are printing at the 50% retracement level that is also a significant s/r area around 1.08740. All these provide confluence to this bearish setup.
We could possibly see a small retracement on Monday either to 1.086 or the s/r area. As long as the high of the next candle is below the high of Fri candle and closes below its low there is a high probability of a bearish continuation. Possible targets are indicated on my chart. Aggressive traders can take action sooner than conservative traders who may want to wait for Monday candle to close.
This is not a trade recommendation, it is just my analysis.
You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Anything can happen in the markets at any time. Please use sound money and risk management if/when you trade.
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Please comment and share your thoughts too!!
AUDNZDAUDNZD is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the healthy Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
Trade Analysis: Potential Long Opportunity in NZD/AUDPrice just retraced deep into the 50% fib level. Additional supported by a S&R and a phycological round number zone. Price action printed a nice spinning top candle also indicating reversal here. Potential to go in long with the trend with two TP's at the visualized support zones. What are your thoughts on this trade?
AUDNZD Analysis: Bullish Reversal AnticipatedFollowing a prolonged bearish trend, I have identified a promising bullish formation on the AUDNZD chart. Key technical indicators and chart patterns are suggesting a potential market reversal to bullish. This could be a great opportunity for traders to capitalize on the anticipated upward movement.
Stay tuned for more detailed analysis and updates!
