Here is our detailed technical review for AUDNZD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.077. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.073 level. P.S We...
Hello traders! ‼️ This is my perspective on AUDNZD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to continue the retracement to fill the imbalance and then to reject from bullish order block + trendline. Fundamental news: Upcoming week we have news with high impact on AUD,...
The recent price action on the AUDNZD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️
Preferred direction: BUY Comment: As expected earlier, the US dollar has strengthened against all major competitors, and the AUDUSD currency pair is at the top of this list. The main trigger for the fall was the RBA meeting. However, we previously noted that for this instrument a setup was formed for at least a downward correction. It should be noted...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
MARKET PHASE OANDA:AUDNZD is in a long term uptrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE There was a buildup of liquidity (sell stops, shorts, long order stop losses) below the corrective structure swing lows. Price violently moved down to trigger the sell stops (liquidity) to pair against the buy...
Preferred direction: Neutral Comment: After the US CPI data, the US currency strengthened, as a result of which a number of our trading ideas were successfully closed with profit. At the moment, the medium-term outlook remains in favor of the US dollar, but in the short term the main competitors of the US dollar are likely to strengthen. Thus, for the ...
AUDNZD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short AUDNZD Entry - 1.0747 Sl - 1.0777 Tp - 1.0683 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
As you can see, the price took the liquidity that formed as a high in Daily FVG, had a bearish reaction, and shifted the market structure. Now the price trades inside the bearish order block that we expect to push the price lower. We need the LTF confirmation for entry. 💡Wait for the update! 🗓️13/03/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
✅AUD_NZD will soon retest a key resistance level of 1.0746 So I think that the pair will make a pullback And go down to retest the demand level below at 1.0730 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
My dear friends, AUDNZD looks like it will make a good move, and here are the details: The market is trading on 1.0734 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.0703 Recommended Stop Loss - 1.0749 About Used...
Hello,Traders! AUD-NZD is going down Now but the pair will soon Hit a horizontal support Of 1.0691 from where I will be expecting A local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
This pair appear to have peaked at 1.0746 which is inside a band of historical resistance. We've seen the price push through the 25, 50 and 100 EMA's on H1 and we're also under the WPP mid pivot which has failed to halt the BEARS. Key level now is the 200 EMA 1.0693 200 EMA which will most likely offer stern support for AUD/NZD BULLS and though I can envisage some...
Looking at the Higher Time Frame we can see that the price has formed a Symmetrical triangle with a Fake Breakout in a form of a Double Bottom which indicates that the price wants to move (much) higher from current levels. Im looking for BUYING opportunities on a lower time frame.
The AUD/NZD cross recently found support around the 1.0600 area after the Reserve Bank of Australia (RBA) announced its policy decision, sparking a reversal of previous losses. Currently trading near the 1.0640 region within a range-bound area, traders may consider long positions at discounted prices. The Australian Dollar (AUD) exhibited strength across multiple...
AUDNZD - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell AUDNZD Entry Level - 1.0720 Sl - 1.0746 Tp - 1.0666 Our Risk - 1% Start protection of your profits from lower levels ❤️Please, support our work with like & comment!❤️
Hello,Traders! AUD-NZD broke the key Horizontal level of 1.0696 And the breakout is confirmed So after a potential pullback And retest of the new support We will be expecting A bullish move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!