AUDNZD trade ideas
Trade Signal: AUDNZD Movement AnalysisDirection: Sell
Enter Price: 1.0858
Take Profit: 1.08391
Stop Loss: 1.08814
Our latest analysis indicates a selling opportunity for the AUDNZD currency pair. This forecast has been generated using the EASY Quantum Ai strategy. Below are the key factors supporting this decision:
1. Technical Analysis: Recent technical indicators suggest bearish momentum for AUDNZD. Key support and resistance levels have been tested, showing potential downward movement.
2. Market Sentiment: Current market sentiment favors NZD over AUD due to recent economic data and central bank decisions, leading to expected depreciation in AUDNZD.
3. Trend Analysis: The pair has been trending downward, further reinforcing the sell signal as identified by the EASY Quantum Ai strategy.
Action: Consider entering a sell position at 1.0858. Set your take profit at 1.08391 to capitalize on anticipated downward movement. Implement a stop loss at 1.08814 to mitigate potential risks.
Always perform your own analysis and consider your risk tolerance before entering any position. Happy trading!
Bearish reversal?AUD/NZD is rising towards a resistance level which is an overlap resistance that lines up with the 88% Fibonacci retracement and could potentially reverse from this level to our take profit.
Entry: 1.09907
Why we like it:
There is an overlap resistance level which aligns with the 88% Fibonacci retracement.
Stop loss: 1.10273
Why we like it:
There is a pullback resistance.
Take profit: 1.09378
Why we like it:
There is an overlap support level.
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AUDNZD - Downside move !! Hello traders!
‼️ This is my perspective on AUDNZD.
Technical analysis: Here can see that price filled the imbalance and rejected from bearish order block, as well we have hidden divergence on daily and regular divergence on H4, so I expect to see bearish price action.
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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
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.