AUDNZD has reached a key resistance level of 1.1000, followed by an immediate sharp price rejection (a doji star plus a large bearish engulfing candle). Since 2020, all two long-term bearish reversals have occurred from this level. However, we know that the trend of AUDNZD is persistent. Therefore, we want to make sure that a reversal has actually occured before...
The market now at's peak on-trend and not making new higher highs also have weak candles now. I think the market makes double top now and move down to short. It's looks like a high probability trade.
The AUDNZD pair broke above its August 2020 Lower Highs trend-line in late March and is now approaching the 1.104500 Resistance. This is similar to the late October 2017 break-out above the Lower Highs. In fact the two phases seem identical on a wider 3 year scale. The 2017 fractal reversed soon after it broke above the Lower Highs and initially reached as low as...
AUDNZD Waiting for a clean move. In my opinion I'm expecting a drop in price.
Antipodeans – 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...
The AUD/NZD has been steadily advancing towards the previous higher high. This week or next week, I expect it to set a new higher high. Although I may be a little early, I will increase the size as I keep a careful eye on this.
AUDNZD 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.
On 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...
AUD/NZD is trending to the upside currently and has made a retracement back into a key pivot area, and the moving average ribbon (1H chart). We anticipate a bounce from these key support zones, targeting upside into 1.08550.
Hey traders, in today's trading session we are monitoring AUDNZD for a buying opportunity around 1.08 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in the coming week we are monitoring AUDNZD for a buying opportunity around 1.077 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
-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.
Hey traders, in today's trading session we are monitoring AUDNZD for a long term buying opportunity around 1.065 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
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...
Feb 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.
Drivers : AUD a largely impacted by fear currency and with war fears between Russia and Ukraine this could take a dive. Trend rejection, bearish butterfly & BOS confirmed Currently I am short 1.08400 is my SL and looking for a deep retrace
Two signals to get a sell position in the symbol The pattern you see in the chart Sales confirmation in breaking the support range Marked by the arrow line
Hey traders, in the coming week we will be monitoring AUDNZD for a buying opportunity around 1.07, expecting to pump to 1.09 zone with over 200 pips potential, once we see any confirmation the trade will be executed. Trade safe, Joe.