AUD NZD Still Short for Parity " Parity " or with in an ATR or 2 we forecast months ago and we are getting closer and closer very slowly
Staying short
Aud-nzd
AUDNZD 1:5 Risk Reward (Long term outlook)My view of how AUDNZD could play out this year.
Even though highly correlated, if China's trade deal with America continues to soften and Chinese investors/ businesses pick up the pace again we'll see another influx of demand for Australian Commodities which are the major component in many Chinese Businesses.
The entry level is placed on the large wick. This is because MAJORITY of retail traders will be looking to place their stops here. The market is likely to go against their view and break the stops as 90% fail.
However, this technical level would require support from fundamentals in favor of AUD and COT positions leaning towards a buy for AUD futures.
AUDNZD Approaching Support, Prepare For A BounceAUDNZD is approaching its support at 1.02931(horizontal swing low support, 61.8% Fibonacci extension, 78.6% Fibonacci retracement) where it could potentially bounce to its resistance at 1.0376 (23.6% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support where a corresponding bounce could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Aud/NZD Sell before trend changeHi all ,
Selling before buying . Downtrend channel intact.
Many Thanks.
AUDNZD SHORT OPPORTUNITYSeveral touches on the trendline,
Broken Resistance and retested as support on D1.
Continuation bearish trend.
AUDNAD short on breakersShorting here on the 1h/2h breaker
price compressed up now broke MS as we made a breaker on the 1h sold the retest stop is pretty conservative as there is some news coming out on NAD and aud do i do not want to get shaked out.
I will be looking to add to my position under the 4h breaker if it gives e the chance.
AUD/NZD: Buying @ the market now Hi guys,
I am buying the pair @ the market.
My target will be the 50% fib retracement.
We see a strong bullish divergence on both M15 and M5.
Trade with care.
Best,
Jesse
Looks like a good signal to go longA nice cup and handle pattern can be seen which indicate a move up will be shortly seen in AUD/NZD
AUDNZD approaching resistance, potential drop! AUDNZD is approaching our first resistance at 1.0370 (horizontal pullback resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level to our major support at 1.0341 (38.2% Fibonacci retracement).
Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
AUDNZD Approaching Resistance, Prepare For A Reversal AUDNZD is approaching its resistance at 1.0360(61.8%Fibonacci extension, horizontal pullback resistance, 61.8% Fibonacci retracement) where it is expected to reverse down to its support at 1.0335 ( 38.2% Fibonacci retracement,horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
AUDNZD Approaching Resistance, Prepare For A Reversal AUDNZD is approaching its resistance at 1.0361(61.8%Fibonacci extension, horizontal overlap resistance, 38.2% Fibonacci retracement ) where it is expected to reverse down to its support at 1.0323 ( 50% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its resistance where a corresponding reversal is expected.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
A LONG IN THE MAKING FOR AUDNZDAUDNZD is gathering support to push it way up which will take a few hours or days for a buy.
AUDNZD - too much oversold and sitting on support level. Good evening everyone,
As we can see AUDNZD is oversold on every timeframe and now its forming bullish rsi divergences.
If we look at weekly timeframe we see the price is now sitting at a huge support level.
The price is not only oversold but too far away from our 50 EMA weekly and daily and therefore it might pullback to them before the sell off goes on.
Now, i'd not even think entering long before a break and close above 1h 50ema.
Potencial targets are 1.04 . 1.045 and an extended target is 1.06
Any s.l has to be under our current bottom ~1.031
This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
Chaos looms: meltdown in sight. Mario Draghi made an honest assessment of the Eurozone today, which wasn't rosey. The big money wasn't happy with this. Stock markets and Forex around the world were thrown into some degree of chaos. All stock indices were affected - proving once and for all - that we are all part of a global economic system. What happens in the Eurozone or in America, simply does not just stay in those regions. In this screencast, I show where I've suffered in holding to my confidence in the indicators, from that important technical perspective. And now I'm in a no-loss position. If the market moves south, I shall follow - no need for targets or price levels.
The markets show me entry points and decide exit points. Just to be clear - hope and luck are not part of my equation.
AUDNZD Short idea (flag pattern)Following the downtrend, we can say we see a 'clear' short opportunity by looking at the flag pattern, which is a continuation pattern. The price could also reach a 50% or 61.8% level from the fibonacci and combining it with the support/resistance zone, and the possible retest to the 50 EMA, it could be a potential trade.
AUDNZD SHORT THE RESTEST IN THE CHANNELStill on falling channel,
Broken support and retested.
Just a sell scalp
Is AUD/NZD reversing?AUD/NZD printed a bullish reversal doji on the 4 hour, with an SFP. The wick broke the recent swing low. The daily shows potential bullish divergence with RSI in oversold territory, with the same potential SFP pending the daily close.
AUDNZD new 2019 low, more room to the downsideThis morning's Australian GDP report caused a sell-off in the Aussie as investors assess the likelihood of an RBA rate cut. GDP growth came in 0.2% q/q vs 0.5% expected.
From a technical standpoint, the AUD/NZD pair has formed a valid sell setup which is now confirmed by a fresh 2019 low. The SHS pattern has been triggered, a pullback is completed and there seems to be more downside potential in the pair.
AUDNZD Trend Analysis: Bearish Continuation?Structure presented on H8 chart. Waiting for a breakout to determine next trade.
AUDNZD - Wating to complete the C wave.Perfect triple three coming to an end, watch price pop up once we move down a little more to complete the last C wave.
