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...
AUD is now fundamentally weaker currency after the recent RBA rate cut, dovish bias and the latest weak GDP print. The odds are now in favour of another rate cut in 2019. On the other hand, NZD is supported and currently not in the footsteps of their bigger western brother. The equities continue to be in favour of kiwi and the NZ economy is doing good. There...
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.
As you can see, AUDNZD Has shown Bearish momentum and currently price is in a small retracement as i would see it to a critical point of resistance that i have marked with the grey horizontal line. From this point, price may continue a potential bearish move to our take profit point that i have marked with the green horizontal line. Green line- Take profit Grey...
AUDNZD H4 I'm looking for a very simple break and retest scenario, provided the drawn zone gets broken and retested, I will be looking for sell positions. @PipsOfPersia t.me
We did reject KEY LEVEL on the daily chart and we see a possibility of further downward pressure on AUDNZD. ................................................... Pending sell limit order at 1.06182 Stop loss at 1.0682 take profit 1 at 1.0528 take profit 2 at 1.0492 or open
Here you can see a clean divergence. We can also see that price could not reach top of the trend. Here's my setup: I will wait for the break-out and a re-test. After i see a high fractal, i'm going to enter short. There are 3 profit points for me and I'm not planning to trail my stop. PS: This is not financial advice. Atilla
Short Term Sell to Support from the Daily Trendline Breakout. Long Term Uptrend. Note to self: Made one published mistake so far, but I didn't make money with any of my trading ideas. With this trade I will have to focus on discipline.
WELCOME TO DACAPITAL-TRADING! AUDNZD FOREX BREAKDOWN 08 MAY 2019 1 HOUR Strong H4 Candle Takeout and sellers stopout expecting some strong downside movement! 4 HOUR Bullish market turning into bearish waves now, following the next move. DAILY Good short entrys with a good risk reward ratio. SWING SETUP SELL AUDNZD ENTRY @ 1.06520 SL @ 1.07340 TP @...
Entered at the current market price...
Hey tradomaniacs, welcome to another free signal! Important: Trade against momentum but with the current trend! Minimize your risk as good as possible! ----------------------------- Type: Day-Swingtrade Sell-Stop: 1.05932 Stop-Loss: 1.06093 Target 1: 1.05715 Target 2: 1.05585 Point of Risk-Reduction: 1.05797 ----------------------------- LEAVE A...
AUDNZD broke out of it downtrend and bounced back up of its key support level(red line). But as you can see it came down again because as the resistance trend line from a while a go. It will see it go down testing some support levels before we can see its next move