NZDAUD trade ideas
AUDNZDAUDNZD has cleared liquidity above a significant resistance level, trapping breakout traders expecting further upside. This liquidity sweep has exhausted buying momentum, creating ideal conditions for sellers to dominate. Price action shows signs of a bearish shift, with strong rejections at the highs and increasing sell-side volume. This suggests that institutional players may now be positioning for a downside move, targeting untested demand zones below
AUDNZD new bullish outlock
AUDNZD one of pairs on which watching in last can say long periods. First analysis on (attached) AUDNZD i am make on 22.11. Where i am share strong bullish expectations, price is make bull push all time and still what expecting here is bullish trend, from here expecting to se new strong bullish push. +We are have yesterday RBA.
Currently structure ASCENDING TRIANGLE visible
SUP zone: 1.09550
RES zone: 1.12050, 1.13100
AUDNZD Will Explode! BUY!
My dear subscribers,
AUDNZD looks like it will make a good move, and here are the details:
The market is trading on 1.1000 pivot level.
Bias - Bullish
My Stop Loss - 1.0974
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.1050
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
AUDNZD Potential Buy Setup: Rebound from Key SupportThe pair is trading around 1.10388 at this time of posting, presenting a potential buy opportunity as it approaches a significant support zone. Here’s a detailed analysis:
Key Support Zone:
The price is testing the 1.1005–1.1030 support area, which has historically acted as a strong demand zone.
The 200 EMA is providing additional support, increasing the likelihood of a rebound.
Indicators:
The Stochastic RSI is in oversold territory, signaling that the pair might be due for a bounce.
Declining bearish volume indicates weakening selling pressure as the price approaches support.
Entry Point:
Enter a long position around 1.1030–1.1040 once bullish confirmation (e.g., a hammer or bullish engulfing candle) is observed.
Stop Loss:
Place the stop loss slightly below the support zone at 1.0990 to protect against a false breakout.
Take Profit:
Target 1: 1.1080 (recent resistance level).
Target 2: 1.1110 (major resistance near the previous swing high).
Risk-Reward Ratio:
This setup offers a favorable risk-reward ratio of at least 1:2, making it a viable trade with proper risk management.
Note:
If the price breaks and closes below 1.1000, the bullish scenario will be invalidated, and the pair may continue its bearish momentum. Ensure to monitor price action closely and adjust your trade plan accordingly.
AUDNZD Is Going Down! Sell!
Please, check our technical outlook for AUDNZD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 1.111.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.108 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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AUDNZD Wave Analysis 26 November 2024
- AUDNZD reversed from resistance zone
- Likely to fall to support level 1.1000
AUDNZD currency pair recently reversed down from resistance area located at the intersection of the resistance level 1.1145 (former top of the weekly impulse wave 1) and the upper weekly Bollinger Band.
This resistance area was further strengthened by the resistance trendline of the weekly up channel from the end of 2022.
Given the strength of the resistance level 1.1145 and other overbought weekly Stochastic, AUDNZD currency pair can be expected to fall to the next support level 1.1000.
AUDNZD at support ahead of a massive 24hrs ahead!Intraday Update: Ahead of the Australian CPI and the RBNZ highly anticipated 50bhp cut in less than 24 hours the AUDNZD is back at key support at 1.1085. Conventional wisdom and technical support would argue this is a good place to be long the AUDNZD. However, what if CPI comes in below expectations, or the RBNZ gives the market a "hawkish cut?" A double top/false breakout could be brewing on a failure lower.
Bullish bounce off 50% Fibonacci support?AUD/NZD is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance which is a pullback resistance.
Pivot: 1.10888
1st Support: 1.10488
1st Resistance: 1.11507
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Lingrid | AUDNZD consolidation EXPANSION marketFX:AUDNZD has been in a consolidation phase since October, but the recent breakout and close above this range. This price made higher lows and higher highs, aligns with a bullish trend, suggesting a continuation of upward momentum. The support level at 1.11000 has been respected on two occasions, which emphasizes its importance in the current price structure. I expect a potential breakout-pullback-continuation scenario. If the price respects this support during the retest, we could see a bullish move follow. My goal is resistance zone around 1.12300
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