AUDNZD trade ideas
Short Audnzd We'll be shorting on audnzd 4 hrs cus of the Smc strategy criteria have been met hoping to play out right
AUDNZDAUDNZD has formed double bottom with strong bullish divergence and bulls have shown the bullish reaction as well and has given the breakout of 1.0620 level with massive buying.
Currently the price is facing strong resistance around 1.0695 region but seems like bulls will break through it.
if this breakout happens the next optimum target will be 1.0810.
AUDNZD sell !New supply zone is created with AUDNZD and it's time to sell AUDNZD . Do not risk more than 2% per a trade from your account and always use risk management.
ANDNZD Sell #2Sell at the current price level for profit-taking and cut losses according to the chart with the currency pair AUD/NZD. Good luck guys
1:3 Risk to reward on AUDNZD SellHere is why we are selling.
Trend:
W1: Down
D1: Down
H4: Up but it is overbought
Moving Average:
Within Daily MA
H4 pointing upwards
Pattern:
Bat on M30
Strong resistance at 1.0705
35 pip stop loss.
100 pip target
Lot of divergence on M15
Audnzd Short Trade Setup SELL TradeYou can see Good Retest Resistance level On Audnzd Chart Now
Here you can Sell it with Tight stop 60 70 Pips
and for the target you can hold this trade for 120-150 Pips
after Weekly and Daily breakout now 80% sure our this trade will go for the short direction and our target will be met soon
AUDNZD Long ideaWe got a buy signal coupled with bullish divergence on the 4hr timeframe. We are targeting 1.06200 and have a stop loss of 1.0561.
Should get some sort of relief before the trend continues.
AUDNZD..SHORTOANDA:AUDNZD short position can be taken in the specified area
There is no position before the area
AUDNZDBreaking the downtrend line is an attractive idea to buy up to the desired targets, considering the bad funds of the New Zealand dollar.
Scallops Pattern Scallops Descending
Price looks like it’s selling off once again
Sell the next retest of resistance
AUD/NZD Testing Support Ahead of the RBNZ AnnouncementActive Daily Support
As can be seen from the daily chart of the AUD/NZD, the trend is evidently clear: it is to the downside: a series of lower lows and lower highs. However, we are at support from NZ$1.0587, a level delivering history as far back as early 2023. While buyers did step in from here in early February 2024, resistance from NZ$1.0673 proved to be too much of a technical ceiling for the bulls, and we are now testing the aforementioned support once more.
It is widely expected that the RBNZ will hold the line at tomorrow’s meeting at 1:00 am GMT, maintaining the Official Cash Rate at 5.50% (marking a fifth consecutive hold). Out of 24 economists from Bloomberg, 22 forecast a hold while the remaining two lean in favour of a 25bp hike to 5.75%. Markets are also pricing in just a 25% chance that the RBNZ move with a 25bp hike.
You may recall that the last meeting at the end of November 2023 maintained hawkish language and essentially was a hawkish surprise for markets amidst worries surrounding inflation. You may also note that the RBNZ, unlike most global central banks who are on the doorstep of adopting an easing policy, communicated that if inflation were to come in hotter than expected, the central bank would likely need to tighten policy.
AUD/NZD Support to Hold According to Expectations
With Aussie CPI inflation anticipated to come in slightly higher (this is the monthly CPI indicator and is released 30 minutes prior to the RBNZ announcement) and the RBNZ expected to hold, a bid in AUD/NZD from current support could emerge. This, of course, conflicts against the longer-term technical picture, echoing weakened support and a downside bias.
Overall, therefore, a possible scenario is that a short-term bid occurs following the release of the news, though getting past offers at resistance from NZ$1.0673 is questionable.
AUD NZD LONG IDEAAN completed 3 corrective elliot wave down. Im expecting a solid long. Using M5 for a more precise entry. Do keep your due diligence and enter at your own risk! Good luck traders!
Bearish flag pattern Price will potentially move towards taping into the 90% Rule area to retrace and move down towards taping into the previous weekly support area, which will form an area of equal daily lows. Price is potentially going to shoot up towards or close to target area, if not, price will move further down to the lowest weekly support area. Enter at 15min timeframe to maximise RR.
AUDNZDAUDNZD is trading in Bullish trend after breaking its last LH with no divergence at top secondly at 0.618 fib support AND At horizontal support and making HL
place buy with risk defined below Last low
AUDNZD..BUYAccording to the pinned analysis, we are waiting for the price correction to the desired ZONE for the short position, but the same correction can also be bought, so if you trade, control the risk because this purchase is only a correction.
OANDA:AUDNZD BUY position can be taken in the specified ZONE
There is no position before the ZONE
AUDNZD - BuyAUDNZD forms an inverse head and shoulder plus a bullish divergence, this suggests that the chances are the trend may reverse and form new higher highs and higher lows.
Take buy-stop entry which is safer than the instant buy. We still need confirmation that the neckline of the inverse head and shoulder is broken.
Buy Stop: 1.06134
Stop Loss: 1.05865
Take Profit: 1.06406
$100k Challenge - AUDNZD Long - E1 T2Hey everyone!
After some time off the charts, we're back with the funded account challenge!
TL; DR for those new to the series:
I started a funded account challenge in 2023, which had a bumpy start with an excellent recovery. We're currently sitting at around -3% and the target is 10%.
I noticed my feedback cycle was too slow as I was trading from the daily/H4 timeframes, so, starting season two of the challenge, I'm trading out of the H4/H1 timeframes to increase the feedback loop so I can identify quicker any mistakes, as I've been away from manual trading for quite a while.
We started season two with a long trade. The market has found support after a long down-trend; we did have a break of a bearish trendline; however, the market kept pushing to the downside to fail to make new lows finally.
This is the opportunity I'm looking for, as we had a recent failed break in the support area, and the price action currently shows a solid bullish presence, leaving a morning star pattern right at the support zone.
Regarding targets, I'm aiming for the closest resistance at the 1.0700 area, and as usual, I'm leaving the second half of the trade open since I consider that if the market breaks that resistance, we're in for quite a long bullish ride.
Remember to follow me so you can stay updated with the challenge's progress! ;)
That's it for today.
Until the next trade!
AUDNZDAUDNZD
Buy
Stop Loss: 1.053
Possible Swing
Targets:
1.061
1.062
1.063
1.066
1.069
1.072
1.074
1.077
AUD/NZD There will be good opportunity for this pair but we need to wait for daily candle to close then we have to find good place for long trade.
AUD/NZD There will be good opportunity for aud.nzd .we need to wait for daily candle close tonight after newYork session. Then we have to find good place for long trade.
AUDNZD BUYThe market is currently forming a daily base. Based on the 4hr we can see the bulls are gaining momentum.
Let's see if this market will play out.
Feel free to share your ideas
