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 trade ideas
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 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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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!
Run it 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 is try 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 fits my trading strategy I then look for my opportunity to enter trades.
to many egos here. we are all independent traders navigating the market. happy trading
AUDNZD - Long from bullish order block !!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 only for long position. I want price to continue the retracement to fill the imbalance lower and then to reject from bullish order block.
Fundamental news: Upcoming week on Wednesday we will see result of CPI on AUD, news with high impact on currency.
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AUDNZD Simple Trade PlansAUD VS NZD is a well correlated pair generally speaking over time, similarly to that of the EUR GBP in recent history.
We are now seeing AUD rise up on continued hawkish rhetoric.
1. Tech area now being hit for short side price action entries.
2. Correlation bias supports a falling back to downside, despite sentiment tone (RBNZ not too far off)
AUDNZD Will Collapse! SELL!
My dear friends,
My technical analysis for AUDNZD is below:
The market is trading on 1.0868 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.0798
Recommended Stop Loss - 1.0916
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
AUD-NZD Will Keep Growing! Buy!
Hello,Traders!
AUD-NZD is trading in a
Local uptrend and the pair
Broke the key horizontal level
Of 1.0851 and the breakout is
Confirmed so we are locally
Bullish biased and we will
Be expecting a further move up
Buy!
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Check out other forecasts below too!
AUDNZD Will Grow! Long!
Please, check our technical outlook for AUDNZD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 1.088.
The above observations make me that the market will inevitably achieve 1.091 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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AUDNZD Technical Analysis and Trade Idea👉 In our analysis, we direct our attention to the higher time frame charts for the AUDNZD. Presently, these charts signal a bullish outlook. However, we note that the price has entered a significant resistance zone. Furthermore, the market appears to be overextended. In the accompanying video, we delve into a potential retracement and a trade concept based on the Fibonacci retracement levels (specifically, the 50% to 61.8% range). It’s crucial to understand that this assessment remains speculative and does not constitute a definitive prediction. To validate a genuine reversal, diligent monitoring of specific price movements is imperative. The video provides an in-depth analysis of the trend, market structure, and price action. Always keep in mind that trading carries substantial risk, so prioritize robust risk management strategies in your decision-making process. 📊✅
AUDNZD: The bullish trend has not over yetAUDNZD: The bullish trend has not over yet
AUDNZD broke out from a very interesting bullish pattern.
The price managed to hold the breakout above the pattern and during this week it was also supported by the RBA Interst rate decision.
Today the price is not moving because the US has a bank holiday but after a moment of pause
AUDNZD may resume the bullish trend again.
I am looking at the price to stop near the structure areas.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
SELL AUDNZD for downtrend continuation STOP LOSS : 1.0860SELL AUDNZD for downtrend continuation
STOP LOSS : 1.0860
There is a strong trend on the daily time frame and all that have happened in the past days was just consolidation ( or trend pull back before continuation) .....
The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward from here .....
TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything
Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here