Get started

Australian Dollar / New Zealand Dollar

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

AUDNZD trade ideas

AUDNZD Will Grow! Buy! Here is our detailed technical review for AUDNZD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.088. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.091 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
AUDNZD potential increase following the channelAUDNZD has recently pulled back to a support area following a strong bullish impulse. Despite the price breaking and closing below the previous range, a bullish divergence is beginning to appear as it approaches the support level. This price action suggests a complex pullback, hinting that the bearish momentum may be losing steam. The market might consolidate around this area before potentially bouncing off the support, as it hovers near a key psychological level. The expectation is for a move toward the resistance zone around 1.1000
Long
by RTED_Investing
AUD/NZD Cross to Venture into Deeper Waters?The Research Team briefly touched on the AUD/NZD in an earlier release, but given the underperformance in the cross today, it deserves another look. Daily Support Giving Way The pair continues to echo a bearish vibe following Australia’s July CPI inflation (Consumer Price Index) report, which displayed price pressures had eased across all key measures. This is likely to weigh on the AUD in anticipation of further rate cuts out of the Reserve Bank of Australia (however, do bear in mind that investors are still only pricing in one cut for December at the moment). The Team noted that daily support from NZ$1.0880 exhibited a vulnerable tone and could cede ground, paving the way for follow-through selling towards an area of daily support between NZ$1.0724 and NZ$1.0756. As you can see, price action has failed to keep a hold on current support in recent movement. H1 Support Breach on the Radar Short-term flows on the H1 timeframe show declines have been confined between the limits of a descending channel, extended from the high of NZ$1.0981 and a low of NZ$1.0897. Following the release of Aussie CPI inflation numbers, you will see that, in one fell swoop, the cross briefly rallied from channel support to channel resistance, which happened to share chart space with another resistance coming in at NZ$1.0900 and held its position. Therefore, H1 support from NZ$1.0852 could be a base to watch, as a break south of this barrier would help corroborate the daily timeframe’s breach of support and potentially chart the way towards another H1 support level from NZ$1.0827.
Short
by FPMarkets