Hey traders, in today's trading session we are monitoring AUDNZD for a buying opportunity around 1.109 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
The AUDNZD pair has been trading within a Channel Up since the November 19 2021 Low. The price only broke outside this pattern twice but was limited to the -0.236 Fibonacci extension (March 15 2022) and the 0.236 Fibonacci extension (May 04 2022). The 1D MA50 (blue trend-line) has been holding as a Support since March 17. The price is now on the 4th straight red...
Hey traders, in today's trading session we are monitoring AUDNZD for a buying opportunity around 1.10800 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Expecting upside moves on the AUD in the coming half-hour off the back of strong rate hikes expected out of Australia. Monitoring current position for a break of resistance, signaling a strong rally to indicate TP-1 level. I will update this post as this continues to play out.
This is a counter trend trade. H1 has shown a high yesterday at 1.1075 There is a M15 Double top. Harmonic pattern present.
AUD NZD Short Bear Leg breakdown on four hour Measured move the target
-INTRODUCTION- AUDNZD has been moving in a horizontal channel after reaching a new high at the 1.1110 level. The new high has not been retested. Therefore, we will continue to look for buy opportunities after a pullback. Check out our previous AUDNZD pullback trading ideas below.
- The trade can be a slow burner, but it has the potential to continue a bullish move since it's trending towards the upside on most higher time frames. - We are seeing a 4-hour bullish engulfing candle formation in process, suggesting bull power in the market as well as a recent MA crossover. - If resistance will be broken, we could potentially see a push >...
Using POW reversal strategy on this trading idea. Working AUDNZD on the 30M Strategy is set to work my chosen session times hence red shading showing when I don't trade. Chart shows a label which details all trade rules for the current live trade. That trade is another short trade like the previous trade which can be seen on chart. Blue lines show TP...
Last week, AUDNZD has reached a new high at the 1.1100 level. The trend of AUDNZD is persistent; when the price has reached a new high, that means the trend will not easily reverse for a period of time. Therefore, we are looking for buy entries to capture any retracement from the previous high. The price has retraced to 1.0980 level,which is the previous...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.1006). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDNZD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.1006). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDNZD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
AUDNZD has been in an upward trend for months. Now that it has broken the recent high, there are reasons to believe it will continue its trend and retesting the support zone it currently approaches. Using the Fibonacci tool it was determined that the support structure lines up well with key levels on the Fib tool. This also indicates that the support is a good...
Both AUD and NZD is ranging. AUD is stronger from 01.05.2022.
Looks like a great trade with recent broken resistance, with bullish engulfing candlestick this tells me a continuation is very likely to happen, the higher timeframes are also very bullish, and some fundamentals are also in favor of this trade. Here are the levels to trade and manage your risk 📍 SL - 1.0896 💰 TP1 - 1.0996 💰 TP2 - 1.1036 💰 TP3 - 1.1136
Market break previous Higher Low and now we set up a FIB retracement for a pullback to take a short.
Antipodeans leading to the upside, with some support garnered from the PBoC’s efforts to prop up China’s economy, including easing its RRR and an injection of CNY 10 billion via 7-day reverse repos. However, despite the above, concerns surrounding the global economic outlook are continuing to grow, pulling the antipodeans off their best levels and supporting JPY,...