AUDNZD Long Burgain HuntingAUDNZD Long Burgain Hunting
- Price above 15 period Hull Moving Average
- Burgain Hunting entry
- R:R 3:1
- Added Trend Filter based on MA Angle
- Added Stop Loss bufor - Minimum/Maximum of entry bar + 5 pips
The ultimate goal is to make the system simple and easy to follow, simple rules, buying discount and selling premium. Cheers.
AUDNZD trade ideas
AN could be having more upside Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
bounced off the lows after daily pullback. currently looks like on track back to an upside.
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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AUDNZD - Long from trendline !!Hello traders!
‼️ This is my perspective on AUDNZD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. My point of interest is a rejection from trendline + LZ + FIBO 0.618 level.
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$AUDNZD TAKES A DUMP [SELL] INTO MARKET CLOSE.Much-needed price correction for the pair after strong deviation. Expecting the midline between 0.618 and 0.786 Fibonacci levels. I’ve gathered at least five confirmations on four different higher time frames, with smaller time frames only confirming further. ¡Buena suerte, mi gente!
AUDNZD: Strong AUD Data And Potential UpsidesHey Traders, in today's trading session we are monitoring AUDNZD for a buying opportunity around 1.10150 zone, AUDNZD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.10150 support and resistance area.
Trade safe, Joe.
AUD/NZD Long Trade SetupHello Everyone 🙋🏽♂️
Triangle Breakout Retest Patter
💲 Entry Point : 1.09854
✔️ Tp 1.11097
🔴 SL 1.09244
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
AUD/NZD Long Trade Setup.Hello Everyone 🙋🏽♂️
Triangle Patter + RSI Oversold
💲 Entry Point : 1.09120
✔️ Tp 1.09730
🔴 SL 1.08815
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
AUDNZD POTENTIAL SHORT OPPORTUNITYHello Everyone!
How are you all?
AudNzd is a pair to watch this week, because it is shaping up very nicely for a bearish trend continuation that we can capitalize on.
So, I will be looking for a bearish continuation because of the following reasons:
1. The overall trend is bearish.
2. The price has made a sell impulse and forming a sell continuation.
3. The price is approaching the value area structurally.
Game Plan:
If the price comes to the VA, and rejects at that level or sweeps the High, and makes a bearish impulse followed by a 15mins flag with two highs and lows.
Entry : will look for a risk buy entry within the flag or a reduced risk entry on the breakout of the flag.
AUD/NZD possibility of hourly trend reversalOANDA:AUDNZD approached a 4-hour channel's resistance + HTF 0.618 fib and it's respecting it quite a bit. I will be looking forward to entering a short at the FVG after a viable confirmation, possibly reaching the middle of the channel if not the bottom. What do you think?
AUDNZD Trade Plans, NZD Recession Fears Creeping In..After a drop in rates and forecasts of recession into next year, we have seen NZD weakness.
This is flowing through the range bound/close correlation AUDNZD pair.
Levels exist higher, and lower. Not ideal for shorts yet as sentiment is still well within force and providing momentum.
AUD/NZD Eyes Bullish Rebound
Current Market Sentiment: Potential Bullish Reversal
1. Exhaustion of Bearish Momentum at 1.08500 Level:
The AUD/NZD currency pair appears to have exhausted its bearish momentum around the 1.08500 level. This level has acted as a significant support zone, where sellers have struggled to push the price lower, indicating a potential weakening of the bearish trend.
2. Expected Consolidation and Bullish Approach (1-Hour Chart):
On the 1-hour chart, the trend is showing signs of consolidation, which is often a precursor to a trend reversal. The market seems poised for a bullish approach, as the consolidation phase may allow for the accumulation of buying pressure. Traders should watch for confirmation signals, such as bullish candlestick patterns or a break above key resistance levels, to confirm this potential shift in momentum.
3. Bounce Back Potential from 4-Hour Regression Channel:
The price has touched and tested the lower line of the 4-hour regression channel. This channel has historically provided reliable support levels during downtrends. The fact that the price has respected this lower boundary suggests a high probability of a bounce back, aligning with the broader expectation of a bullish reversal.
4. Targeted Bullish Range: 1.09300-1.09400:
Should the bullish trend materialize as expected, the targeted range for this upward move is around 1.09300 to 1.09400. This range represents a key resistance zone where traders should consider taking profits or adjusting stop-loss levels. It is essential to monitor how the price reacts as it approaches this zone, as it may either continue its bullish momentum or encounter significant resistance.
Disclaimer: Educational Purpose Only:
This analysis is provided for educational purposes and should not be construed as financial advice. Market conditions can change rapidly, and it is important to apply proper risk management techniques and stay updated with ongoing price action to adjust your trading strategy accordingly.
AUDNZD Long Opportunity: Riding the Upswing AUDNZD Long Opportunity: Riding the Upswing
**Summary:**
The AUDNZD pair is showing signs of bullish momentum, presenting a compelling long opportunity. With key technical indicators aligning and favorable economic conditions, this could be a lucrative trade setup.
**Analysis:**
**1. Technical Overview:**
AUDNZD has recently bounced off a strong support level around 1.08680, indicating the presence of buyers in this zone. The pair has been trading in a broad range between 1.07 (support) and 1.10 (resistance) for the past few months. The recent price action suggests a potential breakout to the upside, as the pair is forming a bullish reversal pattern, possibly a double bottom, around the support level.
**2. Indicators:**
Using Vinnie's Trading Cheat Code, we have identified a clear Buy signal. The MACD has just crossed above the signal line, indicating increasing bullish momentum. RSI is also rising from oversold territory, currently around 50, and heading towards the 60 level, which often signifies strong upward movement. The Moving Averages are beginning to converge, which could signal a breakout from the current range.
**3. Fundamental Factors:**
On the fundamental side, recent economic data from Australia has been positive, with better-than-expected GDP growth and a stable labor market. Conversely, New Zealand's economy shows signs of cooling, with recent inflation data coming in lower than expected. This divergence in economic performance could provide the catalyst needed for the AUDNZD to move higher.
**4. Trade Plan:**
I am looking to enter a long position around the current price level of 1.08600, with a stop loss set below the recent support at 1.0700. My target is the upper resistance level at 1.11442, which provides a favorable risk/reward ratio of approximately 1:3.
**5. Risk Management:**
As always, it's essential to manage risk appropriately. I'm risking 1% of my trading capital on this trade, ensuring that the potential reward justifies the risk taken.
**Conclusion:**
AUDNZD is showing a promising long opportunity backed by strong technical signals and favorable fundamental conditions. With a well-defined trade plan and proper risk management, this setup offers an attractive opportunity for traders.
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**Disclaimer:**
This analysis is for educational purposes only and should not be considered financial advice. Always conduct your own research before making any trading decisions.
AUDNZD - Bearish Pennant On the 4hr Chart we can see following a Drop in price, the formation of a Pennant. We look for a breakdown, as the pattern suggests continuation.
The RBNZ Interest Rate Decision is within the hour. It should provide the catalyst to
propel the Kiwi.
A break of 1.0900, should see 1.0850.
#AUDNZD bearish continuation scenarioAfter a bearish impulsive move, the price appears to be completing a bullish corrective ABC pattern. So far, it has completed waves A and B and is currently in the midst of the bullish wave C.
This bullish move could take the price back to the previous lower high, as highlighted in the chart. From there, we could anticipate the start of another bearish move.
Trading the Inflation Sandwich: What to Watch?Trading the Inflation Sandwich: What to Watch?
US CPI inflation (Consumer Price Index).
The CPI report is expected to confirm a continuation of the disinflationary trend observed in recent months. Analysts predict the annual inflation rate to edge down to 2.9%, while the core inflation rate is likely to decelerate to 3.2%.
This ongoing cooling of inflation could bolster expectations for the Federal Open Market Committee (FOMC) to lower interest rates in September.
Should inflation continue its downward trajectory, the FOMC may shift its focus to job numbers with greater intensity.
Reserve Bank of New Zealand (RBNZ) rate decision
Of the 31 economists surveyed by Reuters, 9 expect the central bank to maintain its Official Cash Rate (OCR) at 5.5% for the ninth consecutive meeting, while 12 forecast a 25-basis point rate cut.
A decision to hold could lend support to the New Zealand dollar (NZD), whereas a rate cut might exert downward pressure.
Traders might like to keep an eye on the AUD/NZD cross, with key resistance and support levels possibly at $1.0975 and $1.0843
UK CPI inflation
Following the Bank of England’s (BoE) recent decision to cut the Bank Rate by 25 basis points to 5.0%—the first reduction in four years—a fresh inflation report is due from the UK.
Headline CPI inflation for July is expected to rise to 2.3% year-on-year from June's 2.0%, with estimates ranging from 2.0% to 2.4%.
Core inflation, which excludes volatile items like food and energy, is projected to hold steady at 3.5%, with a slight margin of variation between 3.3% and 3.5%.