FX_IDC:AUDNZD 2h chart: www.tradingview.com Safe trades;
Potential Short on this pair. MACD about to cross. Looking to open at 1.2260 Target 1: 1.11677 (0.5) Target 2: 1.11447 (0.618)
After it's fib retracement sell is exhausted, this pair is looking to resume it's bullish pattern and with higher targets as follows; 1st Target 1.1066 2nd Target 1.12209 3rd Target 1.24560 Good opportunity. Happy pipping everyone...
This pair has broken its descending channel in the 1-hour time frame on 10-9 and is now experiencing a mild selling pressure which we think is a minor correction. The true test of the bullish power is when the prices reaches the stiff resistance area shown on the chart. In that zone, a bearish Inverted AB=CD and a bearish Shark completes which will exert decent...
My longer term trade is for 1.04 to be visited again but as price is about to hit a shorter term target closing a gap (shows as a long candle with a flat bottom here on TV since the data feed is too slow - see highlighted candle) (FXCM wont make this one the chart of the day - thats for sure )) A shorter term long entry from this level is doable to 2 possible...
Recent fundamental news has pushed the price 2.5% with minimal retracements. The price now hit a zone of resistance and is forming either a top or small pullback. Let the short run and give it a trailing stop to lock in the profit once we are close to the target.
AUDNZD short off weekly downward trendline. Looking for price to break below daily trendline and retest area near weekly trendline near 0.618 fib retracement.
IM ALREADY SHORT IN THIS PAIR BUT IF PRICE RETRACES AND TAKES ME OUT OF THE TRADE THEN THE NEXT LEVEL I'D LOOK TO SELL IS AT MY CLUSTER ZONE/SELL ZONE. IVE GOT LOADS OF CONFLUENCES AT THIS LEVEL WHICH ARE THE 0.5 AND 61.8 FIB, SUPPORT TURNED RESISTANCE STRUCTURE LEVEL, MAJOR TRENDLINE, DYNAMIC RESISTANCE (50 MA) AND A NICE PSYCHOLOGICAL ROUND NUMBER (1.03000)....
This pair is running on a very interesting time; NZD is stronger than ever, and the AUD is struggling to keep it's value. On Friday, the candle closed a little bit below the historical support at 1.028. Reasons to long this pair: A historical support at 1.028 ( currently, the pair is running on it's lowest point ever!) RSI and Stochastics on 4h both give a...
I was waiting a long time for this brakethrough, a few days ago on this chart. finally it happend. Now im waiting for a pullback and hopefully we will find some resistance below the trendline. have a nice trading week, see ya.