AUDNZD has been forming a complex pullback for the last several weeks and is now showing weak bearish momentum. We are approaching a weekly key level which was previously broken monthly resistance. Will wait to see if this market can form a strong daily bullish candle to signal a switch in momentum.
AUDNZD 4H timeframe analysis, the overall market structure is a sell but right now is gonna come up for retracement before it'll continue to move down.
Lets see how it will play out..Trade smart..analyse and be Blessed..
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We will monitor price action for this pair for now because stop hunts still not have been activated yet.
Hey tradomaniacs, welcome to a new free trading-setup. AUD/NZD: Day-Swingtrade-Execution Market-Buy-Order: 1,06780 Stop-Loss: 1,06200 Target 1: 1,07325 Target 2: 1,07725 Target 3: 1,08345 Stop-Loss: 58 pips Risk: 0,5% Risk-Reward: 2,77 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more?...
AUDNZD has been making strong bearish movement for 3 weeks. But recently the market is shifting from bearish to bullish. We can see on 4H that the market is consolidating. And today the market broke the consolidation but we have to see close above the consolidation level on 4H. So, if the market closes above the consolidation level then on the retest of that...
Hello Traders, Here is the Top-Down Analysis of AUDNZD (Monthly, Weekly, Daily for direction and 4H for entry) for Week 45 - Nov 02 M > Price is respecting downward trend-line as resistance. It faced rejection at resistance level and completed W formation, it continued to drop to test monthly support. W > After dropping to complete W formation price pulled...
Audnzd prints a shark pattern which is currently around the potential reversal zone.
AUDNZD : Daytrade-execution We buy @ 1.07180 Stop-loss @ 1.06925 Target @ 1.07688
AUDNZD is position at price @ 1.0748 for a bull run. This is a short term analysis. Overall, we should expect a pullback of price around @ 1.0741 and 1.0734 and if the price closes below @ 1.0734 then our move will be short to the downside with target price @ 1.0616 and @ 1.0623 I am bullish until the price reaches @ 1.0741 Good Luck Traders.
- Respecting 0.786 fib level at a KEY level. - Bullish engulfing formed over night. - Bullish pressure breaking out of this consolidation zone. - Next key area is 1.08140, so there's a lot of potential for a move to the upside without much resistance.
- In a demand zone - waiting for price action signal on Daily