AUDNZD is once again testing the key demand zone identified on the hourly timeframe. We anticipate a bullish reversal to occur, potentially leading to a revisit of the upper boundary of the established bearish channel.
There is series of LH & LL which shows a bearish trend, and we take a small SHORT ENTRY
Preferred direction: BUY Comment: The main competitors of the US dollar continue their recovery against the American currency and most likely this trend will continue. The accumulated volume allows currencies such as the New Zealand dollar to continue their current growth towards the nearest resistance levels. This level is 0.61500 , that is, for us...
Price reveresed back from the mid red line and wants to complete the head and shoulders pattern, where news starts. buying till tomorrow news and lets see if news will push the price back to main level to complete the pattern.
Hello Traders, Hope you all are doing good!! I expect AUDNZD to go Up after completing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market...
The strategy used for this script was intended to take advantage of mean reversions in trading. The big green triangle signals bullish divergence and the other buy signal indicated a mean reversion detected. Along with basic chart analysis we can confidently take a long position here and I'm targeting a fill of the FVG(fair value gap) just overhead. First point of...
✅AUD_NZD has retested a key resistance level of 1.0700 And as the pair is already making a bearish pullback A move down to retest the demand level below at 1.0651 is likely SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Preferred direction: BUY Comment: Despite the short-term and medium-term bearish outlook for the US dollar , the USDJPY currency pair will still remain a buy-priority, most likely in the long term. In the very near future, the instrument will most likely go for a correction, but you should not count on too deep a downward movement. The medium term for this...
Preferred direction: BUY Comment: Today is a very important day for the current week, since the publication of data on the US CPI is expected. Against this background, most majors retain their buy priority, and especially the Australian dollar continues to look up in the medium term. At the very moment of publication of CPI data, of course, anything can...
AUDNZD chart currently shows the formation of AB=CD patterns , indicating a Potential Reversal Zone (PRZ). Additionally, there is a hidden bullish divergence, confirming a bullish trend. Both indicators collectively suggest that the trend has shifted to an uptrend. In technical analysis, an AB=CD pattern is a harmonic pattern used to identify potential reversal...
📈 Overview: AUDNZD, previously bearish, now displays bullish divergence with the formation of the first higher low and higher high on the 1-hour timeframe. Market sentiment at 94% long adds strength to the reversal signal. 📊 Technical Analysis: Bullish divergence, coupled with higher lows and higher highs, indicates a potential trend reversal. 📉 Market...
Hello,Traders! AUD-NZD broke the long Term rising support line Then went down and is Now going up to retest The broken support From where I will be Expecting a further Move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Price reacted well to Weekly POI and now expected to push higher to then come down to clear last buys.
AUDNZD is currently positioned within a significant demand zone, where a burgeoning bullish sentiment indicates the potential for a bullish reversal, with the highlighted zone being regarded as a buy zone, particularly under the daily timeframe. Should the bullish sentiment persist and strengthen, it is conceivable that a robust bullish trend will emerge, driving...
We have a W-bottom formation at support on AUD/NZD. Looking for a 1:1 trade with the STOP at 1.0583 and TARGET at 1.0653. Little bit late in the day for opening positions so this trade may be closed early if there's signs of price moving sideways.
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...
Preferred direction: BUY Comment: For this currency pair, we continue to insist on a medium-term long with a target at the level of 0.65848. Scenario №1 is in the works, but we are not taking scenario №2 off the table, since this is where the local minimum may still be updated. Among the majors, the most confident pairs for growth now are, of course, ...
✅AUD_NZD is approaching a demand level of 1.0623 So according to our strategy We will be looking for the signs of the reversal in the trend To jump onto the bullish bandwagon just on time to get the best Risk reward ratio for us LONG🚀 ✅Like and subscribe to never miss a new idea!✅