AUDNZD is approaching its 1st support at 1.05032 where it could potentially bounce to its resistance at 1st resistance at 1.05870.
Esta en una bandera alcista, el cual tambien se encuentra en un punto pivote muy fuerte y una zona de oferta y demanda ademas de ser un retroceso de el 50% de el fibonacci esperamos compra si respeta la y comienza a dejar mechas
From a daily view, this pair appears bullish. We can see price respect support and move bullish on the 4hr , at the moment price is what i would see as a pullback and there is potential for price to go long again at the marked grey line. entry - grey line stop loss - red line take profit - green line risk exposure - 1% risk to reward 1:2 I will be doing a...
On the AUDNZD there is a potential LONG position approaching around the 1.0500, 1.0450 & 1.0400 level which are Daily and Monthly Support level. Looking to place a LONG position around these positions when the Stoch RSI is in the BUY zone and a CTL has been broken for a safe position. Looking to Target Daily Resistance at 1.0750 Area. Risk to Reward 1:3. Trading...
AUDNZD is approaching our first resistance where we might see a further drop to our first support level.
Price is approaching our first resistance (horizontal overlap resistance, 38.2% Fibonacci retracement, 61.8% fibonacci extension) where a strong drop to our support (horizontal swing low support, 61.8% Fibonacci retracement). Stochastic is also approaching resistance. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please...
AUDNZD is approaching our first support where we might be seeing a bounce above this level to our first resistance level. Stochastic is also approaching our support level.
Trend breakout + resistance breakout = buy opportunity
I believe AUDNZD should go into up-trend very soon. We can see this hammer at the bottom of the bearish channel which means the trend should change now. Furthermore, the price is moving "Sideways" in this triangle, so it's time for some movement to the resistance. We can expect some bearish movement in the begging of the week, but eventually,...
Anticipating shift in trend upwards as price action demonstrates a strong momentum swing up. Additionally, MACD + Triple Time Frame RSI provide additional support for my idea
PMIs continue to portray improvement in the world’s second-largest economy. The recent risk to the US-China trade deal dims optimism surrounding the welcome data.
AUDNZD is on the verge of completing wave B correction and heading for a 400 pips wave C correction.
AUDNZD retracing into key horizontal and fib support levels, with what looks like a dead cat @ 0.382 and Feb high. 50 and 100 EMAs on the daily could also act as support in between the 0.383 and 0.5. Previous horizontal supports matching with the 0.5 and 0.618 fibs. Obviously the 0.382 ,Feb high could still hold and waiting for the 0.5, 0.618 level could leave us...
AUDNZD long intraday/swing trade setup Buy 1.05900 TP 1.06309 SL 105537