The AUD/NZD currency pair is currently within a favorable buying zone, marked at 1.09645. This indicates an opportune moment for traders to consider entering a long position on this pair. With the aim of maximizing potential gains, three take profit levels have been identified: 1.09000, 1.10000, and 1.10100. These levels represent key price points at which traders...
FX:AUDNZD has broken through the range zone and has created new extensions. It is currently hovering around the key level of 1.1000. The market appears to be in an accumulation phase, suggesting a potential upside move that could result in new highs. As the price consolidates, I anticipate a pullback to a support level followed by an upward move to retest the...
🕵️♂️ Let's dive into this forex currency pair, which is the exchange rate between the Australian Dollar and the New Zealand Dollar, and examine the latest entry points. ⏰ In the weekly timeframe, the exchange rate of these two currencies is currently in a range, experiencing fluctuations and reacting to the resistance and ceiling of the box, which is at point...
Lately on AUDNZD the market has reached our premium zone as we can see as it took out the Buyside liquidity from area 1.10250 and immediately started falling forming the 3rd market structure shift which may result in a major distribution to the downside
AUDNZD was in Long trend previously but it made a Rising wedge pattern first and now it has made a Bearish Flag pattern meaning that the trend has been reversed and if it break downs from this value the Down trend is confirmed
As per chart short from the .618 with AB=CD Confluence. The target is the bigger AB=CD into support, and 1.27 extension of the AB=CD pattern.
Hello traders! ‼️ This is my perspective on AUDNZD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I expect price to go a little bit lower to fulfill the imbalance and then to reject from bullish order block + institutional big figure 1.10000. Fundamental news: Tomorrow (GMT+3) we...
AUDNZD is moving in an ascending channel between the trend lines. The chart is under the resistance level. The price has already reached the resistance, after which it quickly reacted with a decline and formed a bearish takeover after the second touch. We expect a pullback from the resistance. ------------------- Share your opinion in the comments and...
SELL AUDNZD for trend reversal update STOP LOSS : 1.1038 From the movement is showing a possible trend reversal because more of the traders trading with the trend are already existing there trade positions , and on the daily time frame there is already signal of regular divergence which indicates a possible trend reversal too... there is a bigger chance of...
AUDNZD is displaying a prominent double top formation with a bearish divergence on the RSI. Pending RBA interest rate decision can be the catalyst for its reversal. Sentiments are also 97% short SHORT from break of LH.
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.
After reaching last month high, the price is going sideways, has created a divergence and a double top. I will be entering a short trade if the price breaks the horizontal line. TP 1.092
And finally it is time to retrace, a big and sharp retracement.
We may see a bearish pattern forming on the AUD/NZD pair Strong resistance areas appear on the daily frame Therefore, we start looking for operations to sell at these levels
Daily: - Pattern in Pattern (H&S + DT + BW) - Ascending channel *Bulls are coming corrective to our daily zone (+) Weekly: + ZONE + LCC 2/4 weekly criteria *Sitting at weekly highs region with a lot of big bearish impulses (+) *Bullish zone can work as a magnet (+) 4H: - Bearish - Bearish W - Corrective retracement to daily zone
I am expecting a pullback trade from the current daily support level where the market is now. If we analyze the 1-hour chart, a head and shoulders pattern has formed, and the pattern neckline has been broken upwards. We will take the trade on the retest. Buy limit 1.0962 Sl 1.0945 Tp 1.0982 and 1.1002
AUD/NZD 1-hour chart shows a clear example of a trend reversal by breaking the lower high. Now, I'm watching the 0.5 Fibonacci level. If the price breaks this level at 1.09650, I anticipate a further bearish move. Let's wait and see what happens next.
Could take a while if at all of course Top of the list Traders Short Correlation is close don't lie to trade these 2 together but what the heck. Lets See