I have noticed Bearish divergence on daily RSI when price is making higher highs RSI making lower lows. It is looking solid supply zone on weekly and daily time frame, i believe price must retest the previous high Mountain for the break the supply zone and we are targeting that. thank you for reading.
AUDNZD is moving in range so using support and resistance lines we can put pending orders for two cases either it breaks support or resistance.
ascending channel broke downside. supply zone: 1.0900-30. stop loss above inside bar. target: 1.0810.
Lately on AUDNZD we have been witnessing a bullish movement which was a scheme to take out the previous yearly high, and we have reversed back into the range and we are hoping for a bearish movent
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.
"The AUD/NZD currency pair has been exhibiting a downward trend in recent trading sessions. This decline can be attributed to several factors, including weakening economic data from Australia, particularly in sectors such as manufacturing and exports, as well as a strengthening New Zealand dollar fueled by positive economic indicators and rising commodity prices.
Today after China's economic data, the Market is betting dovish on AUD. We believe the price has made an ABC correction and it likely started the C wave. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page...
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
After a failed short, Ichimoku now looks bullish, lets try to get a quick movement out of the market.
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.
Ichimoku looking very good for a trend change here. Trend analysis suggests a long bearish run, lets get a nice day trade on this!
I spotted a good buying opportunity. It might dip back down to its support briefly, but it's likely to resume its upward trend and surpass the resistance level. Disclaimer: I'm a newbie with demo account
AUDNZD is Going sideways in Higher Timeframes Trades within Ranges can be taken at Support and Resistance Levels. Not A financial Advice DYOR.
AUDNZD chart is printing sideways If Support breaks EP: 1.08321 SL: 1.08664 TP1: 1.07980 TP2: 1.07630 If Resistance breaks EP: 1.0664 SL: 1.09505 TP1: 1.11820 TP2: 1.12980
AUD/NZD Side way Market order using resistance and support