AUDNZDspike, correction, v-formation, consolidation, break out. A TP1 is my target out of this long position
AUDNZD trade ideas
AUDNZD Breakout And Potential RetraceHey Traders, in tomorrow's trading session we are monitoring AUDNZD for a selling opportunity around 1.10400 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 1.10400 support and resistance zone.
Trade safe, Joe.
Could the price bounce from here?AUD/NZD is reacting off the pivot and could bounce to the 1st resistance which acts as a pullback resistance.
Pivot: 1.10285
1st Support: 1.09934
1st Resistance: 1.10854
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Audnzd at area of interst Audnzd has tested my area of interest, i expect further downside, into the new year, looking at price action we may see price breake the last weekly low. trade with caution and only risk what you can lose.
AUDNZD Massive Long! BUY!
My dear followers,
I analysed this chart on AUDNZD and concluded the following:
The market is trading on 1.1044 pivot level.
Bias - AUDNZD
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable AUDNZD continuation.
Target - 1.1056
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
AUDNZD will soon finish bullish cycle and usher in a sell-off? AUDNZD has been on a 2-year rally for 2 years. However, it appears price is correcting the sell-off in the last quarter of 2022 before the eventual resurgence.
Structurally, a zigzag structure is emerging with (A) and (B) finished as impulse and double zigzag structures respectively. Meanwhile, wave (C) is on the verge of completing an ending diagonal structure. Price is currently in the 5th leg of wave (C) and may continue to 1.12 which is roughly 100% of (A) from (B). So I believe, the sellers may have a chance between 1.12-1.135 in 2025.
Caveats
1. The 4th wave of the proposed ending diagonal could extend lower but should finish above 1.081 to keep the diagonal valid. Thus, buyers can buy lower again toward the zone mentioned above.
2. The (A)-(B)-(C) of ((B)) doesn't correspond in time magnitude with the sharp wave ((A)) impulse decline. Thus, the current rally alternatively could be a leading diagonal. If so, a pullback should happen as expected but shallower (should end above ((A)). Similar path but different counts.
AUDNZD Sell OpportunityAccording to COT Report Commercials are heavily short on AUD and heavily long on NZD. Hoping a strong rally will start from that point.
EXPECTING A BEARISH TRENDHell traders I hope everyone is doing ok, AUDNZ been ranging from December last year please check your Monthly time frame to see what I'm talking about. you can see that on our resistance we have a incomplete head & shoulders pattern (D1) but on our weekly we have double top which indicate a bearing trend so let keep our eyes on dc pair.
NB:NO REVERSAL PATTERNS NO ENTRY & REMEMBER RISK MANAGEMENT IS THE KEY.
ENJOY YOURS HOLIDAYS💟
AUDNZD LOOKING BULLISH!Price formed a good bullish pattern and it’s possible we may see price trade higher from the current price. I’d we’d get a retrace to a level of 1.10000 it’s gonna be a good Level to go long.
AUDNZD M15 OUTLOOK (23/12/2024)This analysis suggests potential entry points and targets for the AUD/NZD market. Stay sharp and trade wisely! 📈
AUD_NZD LOCAL SHORT|
✅AUD_NZD price went up sharply
But a strong resistance level was hit at 1.1090
Thus, as a pullback is already happening
And a move down towards the target at 1.1047 shall follow
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
Audnzd is looking bullish.We have a breakout of resistance which will now be support.
Secondly, connecting the trendline we can see touches of the trendline which makes it valid for a buy when price pulls back for the third touch.
AUDNZD: Confirmed Bullish Continuation?! 🇦🇺🇳🇿
AUDNZD formed a nice inverted head and shoulders pattern on a daily.
A bullish breakout of its neckline is a strong bullish reversal signal.
We can expect more growth and test of 1.1143 level soon.
❤️Please, support my work with like, thank you!❤️
Bearish reversal?AUD/NZD is rising towards the pivot which is a pullback resistance and could dropto the 1st support.
Pivot: 1.10894
1st Support: 1.10338
1st Resistance: 1.11515
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
AUDNZD buy scenario , 90 pipsThe price recently tested the key support level at 1.0995. Despite the recent weakness in the Aussie, I anticipate a resurgence of buyer activity at this level, potentially resuming the upward trend.
AUDNZD strong bullish expectations
AUDNZD pair which I am watching last 5 months, other my analysis on AUDNZD are attached, plus I am attach and CADCHF analysis its interesting to look, its almost same based on SYMMETRICAL TRIANGL.
AUDNZD price is make bounce on trend line, its break upper trend line-SYMMETRICAL TRIANGL, plus CHANNEL on 4h TF is visible and its also breaked.
Technicalls on medium and long term are strong bullish, when take all this parameters i am here still bullish.
SUP zone: 1.09200
RES zone: 1.11500, 1.12400
AUDNZD bullish rise to 1.10871Currentlywe are at a very strong support area at 1.1000 which has acted as resistance and support for AUDNZD in the past. Also noticed strong reaction off the level so we expect other buyers to come in and validate this idea. Break even on trade once we close above 1.10175
Scenario on AUDNZD 12.12.24On this market, the SFP point has formed beautifully and we can now think about the direction as an actuation, these 3 scenarios come to mind, but for now this chart is in the decision-making phase, the closest long tp is 1.110000 where is the first main target.
Potential bullish rise?AUD/NZD has reacted off the pivot which is an overlap support and could rise to the 1st resistance which acts as a pullback resistance.
Pivot: 1.09963
1st Support: 1.09630
1st Resistance: 1.10894
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
AUDNZD H12 Tuesday December 17, 2024This analysis is based on candle patterns combined with signals from a custom indicator to identify potential trade opportunities.
