AUDNZD is trending to the downside prior to the AUD Westpac Consumer Confidence data, which shows Wesptac's analysis of the consumer market. Technically the pair is trending to the downside and has pulled back into resistance at the trendline, the 200 moving average, and the structure zone. We anticipate continued downside.
AUDNZD on the daily chart after the test of it closes the week below the support at the 1.05500. During next week, we will check the market open at the beginning of the new month and, according to Plancton's strategy we can open a nice short order to the next support level. -–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red...
Great risk reward set up in AUDNZD, Ratios are in line and we can look for AUDNZD to make a big move up, this is not going to be done in a week however, this is a swing style of trade and patience is key to hit your targets.
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AUDNZD on the 4h chart is testing a weekly support. The price after the last bearish impulse retraced to the 0.618 Fibonacci level and according to Plancton's strategy if the market will break and close below we can set a nice short order. -–– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...
AUD, NZD & CAD: It’s important to keep in mind that since the RBNZ meeting took place on Tuesday, we won’t see a lot of the upside in the currency we had this past week reflected in the CFTC data as yet. After the hawkish tilt by the bank as well as the solid beat in Q2 CPI data, expectations for hikes this year have risen substantially, and barring any major...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.0656). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDNZD is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as...
price has broken the Flag pattern, and the next anticipation is going for a LONG.. to 1.08000
Antipodeans/Safe-Havens – AUD and NZD remained pressured throughout Thursday, while safe-havens CHF and JPY remained broadly well supported as a bout of global risk aversion hit equities and lowered bond yields. Commenting on the risk-off tone, Forexxtra noted that “the risk-off theme is clear across all markets, especially in currencies with the strongest risk...
AUDNZD holding below the descending trendline. Having broken below the recent graphical swing low, a further drop below 23.6% Fibonacci retracement at 1.07266 towards long term 61.8% Fibonacci retracement at 1.06818 could be possible. Technical indicators are showing room for further bearish momentum as well. Any opinions, news, research, analyses, prices, other...
It's been a while trading by myself and getting better after every mistake. I see AN going to 1.10 by the end of the year but as of now, I see it going to 1.0800. It broke structure on the 4hr tf to the upside and on the m15.
Hello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price given a breakout and done its retest. Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be analyzing...
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AUDNZD is approaching sell entry, in line with 50% Fibonacci retracement and 78.6% Fibonacci extension, where we could see a reversal and downside towards Take Profit, in line with 61.8% Fibonacci extension and horizontal swing low support. MACD and moving average are showing signs of bearish pressure as well. Any opinions, news, research, analyses, prices, other...
AUDNZD has seen a bearish breakout below the ascending trendline support-turned-resistance and is now holding below the moving average resistance. We could see price reverse at Sell Entry, in line with 50% Fibonacci retracement, 61.8%, 100% Fibonacci extension, and horizontal pullback resistance, and drop further towards Take profit, in line with -27.2% Fibonacci...
Nice Short Opportunity Presenting Itself With AUDNZD ... I Am Little Hesitant Though Because of The Gap With This Pair (Not Sure Why Its Not Visible On TV), The Market Might Decide To Fill It Up Giving It Some Momentum To Push slightly Further UP. Anywho, Trend-wise, This A Perfect Sell Trade Today With The Probability of A Nice Steep Drop. SL $ TP Indicated on Chart...
Fundamental bias: Strong bullish 1. Developments surrounding the global risk outlook. As a high-beta currency, NZD has remained broadly well supported in times of risk-on and as the overall risk outlook and tolerance of the market has improved over recent months. With coronavirus vaccines programs now underway in many countries, we expect the months ahead to...
Hi All , Following on from our previous sell analysis on this pair , as you can see we banked over 150pips!. Now price have broken the trendline and retesting that trendline, which gives us an opportunity for a final sell entry . Entry and Sl marked. Many thanks