AUDNZD: Long term Sell opportunity.The pair is on a strong bullish leg since the March 19th bottom on the 1D chart (RSI = 68.147, MACD = 0.007, ADX = 52.319). However on the wider 2 year scale this is just the Lower High leg within a long term Channel Down. This bullish leg pushed the 1D RSI inside the Resistance Zone (which always delivers a drop) for the first time since September 2019. This is a good long term sell opportunity for us having a Target close to the 1.0000 Support.
Previous trade on AUDNZD:
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Aud-nzd
AUDNZD: HEAD AND SHOULDERS FORMATIONA clear Head And Shoulders formation was made on the 30 Min chart of the AUDNZD. The neck-line of that chart is represented by the blue line and as you can see it is already broken. Take in consideration the broken bullish trend line, which support our bearish view for the pair.
Our entry will be right after a clear close below the 1.04900 targeting the 1.03500 support.
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AUDNZD BREAKOUT FROM RISING WEDGEHello 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 the analysis.
As we can see that the pair broke its rising wedge and started falling down. One can take a sell signal.
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 on demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes
There is a sell opportunity in AUDNZDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.0531). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDNZD is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 37.
Take Profits:
TP1= @ 1.0457
TP2= @ 1.0382
TP3= @ 1.0307
SL: Break Above R2
There is a sell opportunity in AUDNZDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.0531). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDNZD is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 37.
Take Profits:
TP1= @ 1.0457
TP2= @ 1.0382
TP3= @ 1.0307
SL: Break Above R2
Audnzd - weeklyAudnzd was rejected from monthly roof cam R4 and from the the top of regression channel. And if we consider previous breakout structure the projected move becomes pretty clear. I needed to check this as this thing correlates with EUR and AUD. I would look for short setups on minor timeframes when price gets below yearly pivot (red line).
This is no financial advise.
Top Absolute Correlation
1 AUDNZD - AUDCAD 85.9%
2 AUDNZD - EURAUD -85.5%
3 AUDNZD - AUDSGD 85.0%
4 AUDNZD - AUDCHF 81.8%
5 AUDNZD - NAS100 81.1%
6 AUDNZD - AUDUSD 80.1%
7 AUDNZD - EURGBP -77.9%
AUD/NZD: Selling the pair now at the market Hey guys,
According to my analysis, the pair just broke a support level indicating it could go lower.
I am selling the pair and will take my profits at the previous highs around 1.04620.
Check out my previous ideas (below) and if you like my work please show some love :-)
Trade with care.
Best,
Jesse
AUD/NZD reaching resistance, potential drop! | 17 April 2020Price is reaching our sell entry in line with our 127.2% fibonacci extension and 76.4% fibonacci retracement where we could be seeing a reversal below this level. Hope you guys find this useful and please leave a comment on what currency pair you'd like me to analyze next too!
AUD/NZD approaching resistance, potential drop! | 17 April 2020Price is reaching our sell entry in line with our 127.2% fibonacci extension and 76.4% fibonacci retracement where we could be seeing a reversal below this level. Hope you guys find this useful and please leave a comment on what currency pair you'd like me to analyze next too.
I will be publishing the written version as well, so do keep a lookout for that!
AUDNZD AT SUPPORT LEVLEHello 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 the analysis.
As we can see that the pair is currently at the support of both the trendline so one can wait for the price to close below the support line or bounce back
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 on demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes
AUDNZD Price is hitting a strong resistance levelThis is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Good Luck!!!!!!!!!!!
AUD/NZD Short Idea 100 PIP potentialGot a few confirmations of a short here on AUDNZD. First the Supply zone rejecting 3 times forming a bearish Expanding Triangle and Head & shoulders Formation. On Top of the double pattern set up I have a Divergence, drawn in green, on the RSI indicator. Main thing to wait on or watch out for is the uptrend to break or if the supply zone does not hold the H&S pattern is busted and my entry is off a little. I still have multiple confirmations without the H&S so I will hold until my Stop Loss is hit. ALWAYS USE PROPER RISK MANAGEMENT.
AUDNZD technicaly based forecast
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💡 AUDNZD technicaly based idea, technicaly indicators showing we can expect higher bulish market continuation, we can see strong bulish candels formation, technicaly expecting to see push in price till FIBO 1
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