The AUDNZD pair is currently consolidating exactly on the 1D MA200 (orange trend-line) following the May 07 rejection near Resistance 1, which resulted in a strong sell-off. We expect this sell-off to extend at least as low as the 0.618 Fibonacci retracement level (blue) and then rebound towards the Symmetrical Resistance Zone, approximately on the upward 0.618...
Price reacted well to Weekly POI and now expected to push higher to then come down to clear last buys.
Well, you can see all the details on the chart. The price grabbed the liquidity above the previous daily candle and had a bearish reaction. Now we can expect the pore bearish move from the supply zone. Please pay attention we need LTF confirmation in the supply zone for entry to the sell position. If you have any questions, feel free to ask. 💡Wait for the...
Our last analysis on the AUDNZD pair was on November 16 (see chart below) and so far has hit one of our two targets: At the moment the price is struggling on the 1D MA50 (blue trend-line) - 1D MA200 (orange trend-line) Zone, where it has failed since Dec 13 and on every single candle to close it above the 1D MA50. If it does, expect the continuation of the...
The AUDNZD pair hit both our sell and buy Target since we last looked at it (see chart below) on September 26: The price is now both on the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) which move parallel and has started the new bearish wave (red arc) towards the Higher Lows trend-line of the long-term Triangle pattern. As you can see, this is...
The AUDNZD pair has been neutral as of late, trading within a 1.073350 (Support) - 1.093250 (Symmetrical Resistance) range. The 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) have both been turned into pivots in a peculiar sideways pattern. As long as the Support holds, buy and target 1.091500. On the slightest break and 1D candle close below the...
The AUDNZD pair is testing the top (dotted trend-line) of the Triangle pattern that started on the July 24 High that was a rejection on the 1.093250 Symmetrical Resistance. Friday's candle broke but closed below it. If any manages to close above it, we will buy and target 1.09350 on a potential emergence of a Channel Up. If on the contrary its rejected, we will be...
The AUDNZD pair is consolidating on the 1D MA50 (blue trend-line) for 4 straight 1D candles, having formed a 1D Golden Cross last week. Even though that is a technically bullish formation, as long as it doesn't break above the 1.093250 Symmetrical Resistance, a rejection seems more probable. As long as it holds, we will sell and target the Higher Lows trend-line...
AUD-NZD broke the Resistance cluster of the Falling and horizontal level of 1.08114 And the breakout is confirmed Because the 10H candle closed Above the cluster so now I am bullish biased And I think that the pair Will go higher up !
The AUDNZD pair has hit our previous target (see chart below) and is currently on a Triangle pattern: The break-out of this pattern will dictate the next trend. Right now the price is below the 1D MA50 (blue trend-line) so currently we have to give a slight edge to the bearish break-out. In that case, our target will be 1.04700 (December 16 2022 Low). If the...
Pair : AUDNZD ( Australian Dollar / New Zealand Dollar ) Description : Bearish Channel in Long and Short Time Frame as an Corrective Pattern in Long Time Frame and Breakout the Upper Trend Line Break of Structure Impulse Correction Impulse Rejecting from the Fibonacci Level - 61.80% Divergence Completed " ABC " Corrective Wave Double Bottom
We will keep following a successful for us pattern on the AUDNZD pair, which two months ago helped us take a huge sell: As you see on the chart above, as the price was failing to break the 1D MA50 (blue trend-line), it got strongly sold just below 1.05000. The past 3 weeks, the pair has been rallying back above the 1D MA50 and is approaching the 1D MA200...
AUD-NZD has retested ahorizontal support level 1.05655 Then broke out of the falling channel So we are locally bullish And a move up is expected
In AUDNZD, I am Long for 170+ Pips, because of RSI reached on its demand zone in D1 with no supply and its generated formula candle available on the support level and it also retest 50% of it. 1:5+ rewards
Here is my view for AUDNZD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The AUDNZD pair followed exactly the pattern we presented on our previous analysis on September 23 and after completing a standard +4.70% rise on the blue Channel Up, it broke below it: The pattern that was our benchmark on this accurate projection was the January - July 2021 Megaphone. After a rebound on the 0.786 Fibonacci level, the price got sold-off to a...
AUD-NZD is falling down sharply And the pair looks locally oversold Thus making me expect a bullish correction From the horizontal support below
The AUDNZD pair has been on a strong structured uptrend since September 16 2021 market low, within a long-term Channel Up. Recently, the pattern turned into a Bullish Megaphone according to the 1W RSI and MACD indicators, much like the one that started on January 2021. The price is currently testing the top (Higher Highs trend-line) of the Megaphone. A break...