Wait a brake above the 50me daimy and the up T-line in place since july 2017 for be short*
as the RBNZ become hawkish at her meeting and see rate hike in Q2 2019 vc previous Q3 2019 and uo in cpi forecast view
Forex cross pair AUDNZD is rallying and creating a brand new daily demand imbalance. In an uptrend supply levels are removed and demand zones and imbalances are respected.
I expect a technicla pullback after a big breakout of a long term wegde .
so even Nzd is very weak and it will be hard ,usually most of beakout get them pull back around them breakout level.
Also he is luch overbought and we not get yet the new GOV statement about monetary policy...so i try t coz if they mess dovsih same as investor speculate the NZD will get...
- short AUDNZD at 1.0924 to target 1.0832
- NZD got better than inflation than expected in Q3
- the Rba meeting meeting shows that RBA is not hurry to hike rates even the global economy is quiet good as a labor market and co
so wit the contrast of this 2 opposite position even RBNZ not say that they will hike rate soon yet i think it can be a trade to try
Enter...
AudNzd simple daily view
we can see he forming a wedge and so an exit from the top or the bottom will give a big signal for i think long time trade.
( i not make new chart so i not make all res and sup,and many are from intrady,sorry)
Here is another scenario if we adjust our wedge a little - the break will confirm which way we go.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
Hi traders,
Spotted a very beautiful setup on the daily AUDNZD chart. Here's the deal:
The price trended up nicely with gorgeous swings, respected the 20-period moving average (20 SMA), made a double top (showing trend weakness) and broke with a strong bearish momentum the 20 SMA and the flipzone (= Support and Resistance area).
The Friday close allows me to...
We were long on AUDNZD from 1.03 and hit our TP yesterday at 1.09 where we touched the EMA200 as expected on the weekly time frame, however, the recent bullish move has shown strong signs of even a further bullish move and I cannot resist to re-entering, even if it is a Thursday evening before the last Friday of the month + Bank holiday weekend!!
A closer look...
AUD/NZD 1H Chart: Channel Up
The Australian Dollar is gaining value against the New Zealand Dollar in a few days long ascending channel, which started to form in result of an extensive jump of the exchange rate from the monthly R1 at 1.0868.
Given the narrow structure of the pattern, it is not expected to guide movement of the pair for long. Most...
With the RBA Policy Meeting Minutes due to be released at 02:30GMT we should have the catalyst we are looking for to move AUDNZD.
With the Kiwi being weak recently and a number of AUD pairs at support/resistance, a hawkish tone from the RBA could send this pair higher.
If we see a dovish tone out of the RBA then we favour a short on the AUDJPY back down into the...
AUDNZD Looking for a buy/long trade here. I have a strong feeling that this line will hold (Lol). If you wish to enter now put SL: 106 LEVELS preferably 1066 there
