AUDNZD trade ideas
AUDNZDhello everyone, in my last analysis the price broke the resistance level (mainly due to bullish AUD & bearish NZD news), overall the NZD is performing poorly... price is predicted based on AUD fundamental and technical analysis... upcoming AUD CPI (today) and retail news (tomorrow) couldn't make this pair bearish or bullish... if news is bad then technically price need to correct the price to support level as shown on the chart... Main targets are TP 1 only..
good luck
AUD/NZD for saleWe may see a bearish pattern forming on the AUD/NZD pair
Strong resistance areas appear on the daily frame
Therefore, we start looking for operations to sell at these levels
AUDNZDOn the monthly charts I see a bearish trend that has settled int a major consolidation/ranging market. Within the weekly leg, we have another bearish move and a consolidation. On the daily chart we have a break of structure confirming a bearish trend. Presently, I am waiting for a bearish correction to activate the sell limit orders.
AUD NZD SELLThere is a possible trend reversal on the Daily timeframe.
Stop loss: 1.10304
Take profit: 1:08154
AUDNZD Short Term Sell IdeaH4 - Bearish trend pattern
Lower lows
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
AUDNZD | Short H4 | Market Exe | Trade-Related TradeTechnical Confluences for Trade:
- Stochastics are in Overbought Conditions on H1 & H4 time-frame
- Price action is close to a Supply Zone (Blue Area) & has Resistance Trendlines around
- Aiming for the 38.2% Fibo retracement to TP
Fundamental Confluences for Trade:
- Nothing much can dictate the movement of this FX pair as they are heavily trade-related. Any major movement will come from supply-demand areas, monetary policies or economic data gyrations.
Suggested Trade:
Entry @ Area of Interest 1.0970 - 1.1010
SL @ 1.1060
TP 1 @ 1.0920 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 1.0838
Risk-to-Reward @ Approx. 2.04 (Depending on Entry Level)
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AUDNZD ShortPrice Action Daytrade.
H4 bias is bearish. Price broken through H4/Daily support level. There is not immediate reversal, it is not a fake breakout
Going to lower TF H1, Setting a short trade with SL 20pips from entry. R:R targeting H4 Swing Low previously R:R 1:5.
Entry at broken support (H4). Price should continue bearish.
AUD/NZD +100 Pips 0 Drawdown , New Entry Valid 👌This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDNZD: Long Trade with Entry/SL/TP
AUDNZD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long AUDNZD
Entry Point - 1.0870
Stop Loss - 1.0839
Take Profit - 1.0927
Our Risk - 1%
Start protection of your profits from lower levels
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AUD/NZD: Double Trouble - Resistance & Fibonacci Signal BearishAUD/NZD has been confined within a well-defined bearish channel for a considerable period. This indicates a downtrend with a series of lower highs and lower lows. The price has recently reached a key resistance level that coincides with a significant Fibonacci retracement zone between 0.5 and 0.618. This confluence of technical factors suggests a high probability of a bearish breakout.
Key Observations:
Bearish Channel: Price action is clearly trapped within a descending channel, highlighting the ongoing downtrend.
Resistance & Fibonacci Convergence: The current price zone near 1.095450 aligns with both a key resistance level and a critical Fibonacci retracement area (0.5 to 0.618). This confluence strengthens the bearish bias.
Strong Bearish Momentum: Price action at this resistance level exhibits strong bearish momentum, suggesting a potential rejection and continuation of the downtrend.
Trading Recommendation:
Based on the technical observations, a short position on AUD/NZD appears favorable. However, proper risk management is crucial.
Entry: A short position can be initiated on a confirmed break below the channel's lower trendline or a strong bearish candlestick reversal pattern at the current resistance level.
Stop Loss (SL): A stop loss can be placed above the recent swing high or the upper trendline of the bearish channel, depending on your risk tolerance.
Take Profit (TP): Potential take-profit targets can be identified based on Fibonacci extension levels or the measured move of the preceding bearish leg within the channel.
Risk Management:
Remember, always adhere to proper risk management principles. Ensure your stop loss is strategically placed to limit potential losses, and take profit targets should be established based on your risk-reward ratio.
Disclaimer:
This analysis is for informational purposes only and should not be considered as investment advice. Always conduct your own research and due diligence before making any trading decisions.
AUDNZD SELLThis market is currently on a downtrend based on the daily TF.
I'm anticipating a sell from current price range should the 2HR candle close bearish engufing.
Feel free to share your views.
AUDNZDWaiting to see if we get a rejection from the trend and bullish FVG, FIB for a continuation of trend to the upside.
AUDNZDTrend Identified as BULLISH
Divergence Spotted: BULLISH
Continuation Pattern: NO
Harmonics: BEARISH REVERSAL BAT
Keeping in view the above findings, it is anticipated that the trend will continue its
BULLISH trend till D.
AUDNZDhi everyone,
just base on basic technical analysis
i think AUDNZD will retest and make a strong bearish
reason : break trendline support and make a new low
disclaimer
i just share what i see and what i know
this is not a signal
be smart and love your money
thanks.
Nearing a major resistance level, looking to short from here1.087 would be my target level. 1.11 stop out level
AUD/NZD buys?The trade is currently going well.
I bought due to the retracement to the 75% level on the Fibonacci.
Technically was also in a « good » buying area on both the Daily and the 4H
AUDNZD (SHORT)I have noticed Bearish divergence on daily RSI when price is making higher highs RSI making lower lows. It is looking solid supply zone on weekly and daily time frame, i believe price must retest the previous high Mountain for the break the supply zone and we are targeting that.
thank you for reading.
AUDNZD Breakout and Potential retraceHey Traders, in the coming week we are monitoring AUDNZD for a selling opportunity around 1.09400 zone, AUDNZD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.09400 support and resistance area.
Trade safe, Joe.
