Aud-nzd
Today’s Notable Sentiment ShiftsAntipodeans – AUD and NZD lost ground on Thursday as markets wagered on an ever-more aggressive cycle of rate rises by the FOMC that would threaten both the outlook for global and the bull run in commodities markets.
Additionally, Reuters notes that “investors are also beginning to fret that such drastic tightening is likely to slow economic growth across the developed world and risk recession, particularly in Europe where energy costs are soaring. That outlook would not be especially bullish for commodity demand overall, even if a protracted conflict in Ukraine tended to keep energy prices higher for longer.”
AUDNZD ReversalAUDNZD begins to break down from a reversal level and near touch of a liquidity zone that has been sustained since 2015. I am taking shorts here for a small target but on a much larger time frame. Huge amount of risk reward with setups that test yearly liquidity so I am risking slightly more than average. This is not investment advice rather my analysis.
AUDNZD Potential bounce|30th Mar 2022On the H4, with price moving above the ichimoku cloud, we have a bias that price will rise to our take profit at 1.08754 in line with the swing high resistance from our entry of 1.07830 in line with the horizontal overlap support and 38.2% Fibonacci retracement. Alternatively, price may break entry structure and head for our stop loss at 1.07516 in line with the horizontal overlap support and 50% Fibonacci retracement.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUDNZD Supply And Demand Analysis-Price reacting off of daily/4hr supply.
-Price broke 4hr upward trend line and removed pivot point demand
-1hr RBD (rally Base Drop) supply zone.
-Waiting for pullback into supply for short.
AUDNZD on a retracement move 🦐AUDNZD on the 4h chart is moving at the top of the trend in an ascending channel.
The price after the attempt to break the upper trendline melted below for a test of the lower support trendline over a daily static support area.
How can we approach this scenario?
We will wait for the break of the confluence zone and after that, we will check for the application of the Plancton Academy rules to set a nice short order for our usual risk-reward ratio.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
AUD/NZD ShortFeb 16
A perfect sell setup for the pair. as the Russia ,Ukrain uncentainty ways on hi beta currencies , we expect it to have a very negative impact on the AUD and thus pressure the pair. The market structure has a perfect WXY pattern that makes the pair very attractive for the coming even. good trade manangement required.
AUDNZD Sell signal and invalidationThis is an update to the latest long-term buy signal I gave on AUDNZD on November 01 2021, when the price was approaching the bottom of its multi-year Channel Down:
Now that the pair is approaching our target and the top (Lower Highs trend-line) of the Channel Down, it is time to turn bearish. The short-term target is the 0.382 Fibonacci retracement level at 1.05350. If on the other hand the price breaks above 1.08500, this trade is invalidated and instead the pair will most likely turn bullish towards the 1.10450 Resistance.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
AUDNZD on bullish momentum! | 8th Feb 2022Prices are on bullish momentum and abiding to our ascending trendline. We see the potential for a bounce from our buy entry at 1.06997 in line with 61.8 Fibonacci extension and 78.6% Fibonacci retracement towards our Take Profit at 1.07583 in line with 61.8% Fibonacci retracement. RSI is at levels where bounces previously occurs.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUDNZD bullish bounce | 7th Feb 2022 Price is reacting on the ascending channel, signifying an overall bulllish momentum. We can expect price to bounce at the pivot level in line with 61.8% Fibonacci retracement towards take profit level in line with 78.6% Fibonacci projection. Our bullish bounce is further supported by the stochastic indicator where the %K is at the support line.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
500 PIPS AUDNZD SHORT!AUDNZD SHORT
Why are we entering?
- Price is approaching a structure level & trendline
- Price is approaching our 0.618 fib level
What are we waiting for to happen?
- Rejection of structure level
- Trendline touch
- Rejection of our 0.618 fib level
Entry 1.081
SAFE Entry: Rejection of trendline, structure level, fib level
Risk Entry 1: Early break of RISK trendline
Once entered, where will our Stoploss be?
- Above the trendline & structure level (above 1.084) 30 pips
Where do we take profits?
- First TP - Previous structure level : 1.061 (200 pips)
- Final TP - Channel support / Previous low : 1.031 (500pips)
Check out my other ideas below!
AUDNZD on a bull flag? 🦐AUDNZD on the 4h chart is trading below a weekly resistance.
The price is consolidating in a bull flag and according to Plancton's strategy IF the market will break above and satisfy the academy condition we will set a nice long order.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Anticipating AUDNZD Lower Range BreachThis trade is a bit anticipatory of price breaching to the downside for the week ahead. Over on the 1-hour time frame, the chart does look a bit more chaotic. However, it'll make more sense once you look at this price action in conjunction with the daily time frame.
A divergence signal appeared with AUDNZDH4 time frame.
Structure: Uptrend.
A divergence signal and a double top reversal pattern appeared.
Wait for the price to break the Key level at 1.058000 and appear a retest signal, then you can find selling opportunities.
The profit target is the 1.04800 price zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!