The price is currently forming a symmetrical triangle chart pattern on the Daily Time Frame (DTF) for AUDNZD. The strategy involves waiting for the price to convincingly break the descending trendline (TL) and exercising patience within the demand zone before initiating a trade. This analysis is particularly relevant on higher timeframes such as H4 and...
Hello Traders ! On The Daily Time Frame, The AUDNZD Price Broke The Resistance Level (1.07592 - 1.07766). This Key Level Becomes a New Support Level. The Resistance Line is Broken. So, I Predict a Bullish Move📈 ------- TARGET: 1.08122🎯
OANDA:AUDNZD in daily timeframe has a validated double Top pattern, that's more clearer on the 4HTF. While on the 1HTF, price makes an impulsive move, after which it enters the consolidation phase, Anticipating for a test of the upper trendline on 1HTF then followed by a signal to go short.
#AUDNZD UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about AUDNZD. AUDNZD is making Symmetrical triangle pattern. Now this area is important. It it breaks to up side we can see gain upto 300Pips+ gradually. But if it drops to down side we will see drop upto 300Pips+. Now volume is low wait for breakout. Keep in...
✅AUD_NZD has retested a key resistance level of 1.0833 And as the pair is already making a bearish pullback A move down to retest the demand level below at 1.0800 is likely SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
In the realm of forex trading, the AUD/NZD pair unfolds its narrative on a daily timeframe—a canvas where patience is paramount. Despite the extended timeline for validation, the unwavering bias leans decisively towards a bullish outlook. Key Perspective: Extended Timeframe: The analysis unfolds on the daily chart, recognizing the protracted nature of the...
OBV has made a lower low but price couldn't make, so we have a bullish hidden divergence and price will probably go up!
FOREXCOM:AUDNZD I am bullish on this pair. This pair from my observation follows trend lines and fibonacci zones really well. The 38.2% retracement zone is acting as a support and that zone was a strong resistance before. This did hit the previous high in which this pair seems to be approaching. Possible 138.2% or 161.8% extension zones? Let's see. My trade is...
FOREXCOM:AUDNZD Another favorite pair of mine, AUD/NZD. This pair has been on a long-term 4H bullish trend. It has recently hit a strong 4H .618 retracement and steadily going bullish again. I am only in this trade for the short-run, possibly 3-12 hours i predict it will run. There has been some strong support. I believe this can run strong to the 1.0765...
Expecting the CPI from New Zealand later tonight to be a bit on the soft side. Why? China should be exporting some deflation, RBNZ is super tight with rates at 5.5%, and CPI in Australia printed on the soft side two weeks ago. So… We like the risk reward of positioning for a weak CPI tonight and a more dovish RBNZ ahead. That should soften the NZD, and lift...
In today's trading session, our attention is on AUDNZD, with a keen interest in a buying opportunity around the 1.07900 zone. Having broken out of a downtrend, the pair is currently in a correction phase, edging closer to the retrace area at 1.07800 support and resistance. A potential target could be the monthly resistance at 1.08700. Now, delving into the...
Short sentiments 95% at my fx book and divergence at 1H .
intraday trade tp and sl mentioned not a financial advice
Well, here we have a triangle pattern formed, and have many retests to confirm that it's strong. On the upside, the sell zone is captured from daily timeframe, and if price is ever break the triangle to upside and confirms its breakout, we can go long until we reach that strong sell zone. Or, if price goes up to that triangle edge, and shows exhaustion, then it...
Hello Traders ! On The Daily Time Frame, The AUDNZD Price Broke The Resistance Level (1.07592 - 1.07766). The Resistance Line is Broken. So, I Predict a Bullish Move📈 ------- TARGET: 1.08150🎯
The AUDNZD concluded last week on a positive note, signaling a prevailing influence of buyers. To consider trading opportunities, examine the 4-hour chart where the formation of a bull flag appears to be underway. Seek a robust, healthy candle to breach the upper channel, targeting TP1. Additionally, a strategic approach could involve placing a buy order from the...