FX:AUDNZD
Trading Forex and other financial products with leverage is highly risky and can result in substantial losses. Trading in the market may not be suitable for everyone. You need to be aware of all the risks and seek the help of independent financial advisors if you have any questions or doubt
A glimpse of the AUDNZD in the first half of 2024
Stay with me to get more analysis after following me by sharing with friends and leaving a comment.
According to my risk and capital management system, the risk of each trade is one percent per position.
What do you think about this analysis and other analyses?
What symbol would you like me to analyze for you?
✅AUD_NZD is trading in an
Uptrend and the pair broke
The key horizontal level
Of 1.095 so we are bullish
Biased and we will be
Expecting a further move up
LONG🚀
✅Like and subscribe to never miss a new idea!✅
AUDNZD entered into a period of consolidation as prices eased in the form of a bull flag pattern. After yesterday’s close, a bullish continuation appears on the cards for the pair despite today’s intraday pullback from the daily high.
A move below 1.0885 suggests a failure of the bullish continuation but as long as prices hold above this marker, the longer-term...
Potential Short entry at the break of the current Low, and sl above the previous major high with 12 Pips, I would be going Breakeven and taking partials at 1-1 (12-Pips), Final target would be 24 Pips
A clean pulse is followed by a clean retracement of all same color candles. After Fib(0.318) retracement, price went back to Fib(0)level. I'm waiting for the 1H candle to close above Fib(0) level and I will enter at retest of Fib(0)
AUDNZD is trading in bullish falling wedger, there is diversion on RSI, the breakout from falling wedge can trigger the price and we can take entry for bullish ride.
AUDNZD is currently trading in range after a big fall. Market is currently uncertain of its next major direction. Stop order have been placed for potential breakout movements.
My dear followers,
This is my opinion on the AUDNZD next move:
The asset is approaching an important pivot point 1.0897
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.0907
About Used Indicators:
For more efficient signals,...
The AUDNZD pair seem to take stop after its bullish run. Now the pair is currently in rangbe bound situation and can break away either down or up. Both position are mentioned and entry can be take according to your own bias of pair
Fundamentals & Sentiment
AUD:
Australia has beaten its neighbor in terms of robustness of the economy, with Services PMI and Avg Cash Earnings sustaining upward momentum best. Such economic performance also translated into better GDP QoQ growth paving the way for AUD to outperform NZD for the last 2 months and propelling the pair higher. It's also vividly...
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current AUDNZD chart which, if analyzed properly, clearly points in the downward direction.
❤️ Please, support our work with like & comment! ❤️
So on this pair I am short for now. We have broken out of the trend and are now pulling back. We have pretty much reached the 0.618 so this is my entry for the short. Once this has completed I will be looking at taking this long using the same Fib strategy but on a higher time Frame. But lets see how it looks closer to the time.
