Price is having problems overcoming that boundary for a bullish move. The path of least resistance is going down. Next target that daily SSB. The risk to reward is very 'rewarding; at 4.38
wait to close another 4 hour candle below 1.09700 to confirmation broken horizontal support also expect price will go very down until ariive to old dynamic support at 1.08920
AUD/NZD slips below 21-EMA, on track to test daily cloud Momentum is bearish, Stochs and RSI are biased lower, RSI is below 50 mark
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
H1 CHART - Bearish Cypher Formation and h1 breakdown IF you like my ANALYSIS and find it successful, support it by liking and commenting. Don't forget to express your different opinions.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
we can see break of bullish structure. Price formed higher highs and higher lows. It then created strong bearish candle that broke trendline and also created new lower low. Soon after price failed to push through the previous high and created new lower high. Price then confirmed the reversal with break of previous lower low level.
Market break previous Higher Low and now we set up a FIB retracement for a pullback to take a short.
AUD-NZD is trading in a rising narrwing wedge And the pair will soon retest a horizontal resistance So IF we see a bearish breakout from the wedge A bearish move down will follow However, IF the daily resistance AT 1.09907 is broken to the upside The setup is invalid
The AUD/NZD pair has attracted significant bids at around 1.0834 as the Reserve Bank of New Zealand has raised its Official Cash Rate (OCR) higher than the street expectation. RBNZ Governor Adrian Orr has announced an OCR hike by 50 basis points (bps) while the street was expecting status-quo maintenance by the RBNZ.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
To know the direction of the market is really important to do a multi-time frame analysis. In Monthly The price is currently over extended and has reached a important resistance. Definitely we could expect the price to retest the monthly trend line Weekly We have a price that is over extended. When price is over extended we can expect a correction. Also, price...
AUD-NZD is trading in a descending channel The pair recently retested the descending resistance From the channel at 1.077, we have a harmonic pattern shown on the chart as we are witnessing a bearish reaction I think the pair will continue to fall towards the support below 1.0320
audnzd sell setup ready to sell are you ready ? gbpnzd sell now sl tp use in chart dont missed the trade risk reward is great
#AUDNZD Market is moving in horizontal channel. And rejected from strong resistance area. Also the RSI is overbought. Time to look for selling oppurtunities.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions