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Aud-nzd

AUDNZD Reversed Off Resistance, Prepare For Further DropAUDNZD reversed off its resistance at 1.0414 (100% Fibonacci extension ,61.8% Fibonacci retracement , horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 1.0370 (61.8% Fiboancci retracement, horizontal swing low support). Ichimoku cloud is also showing a bearish cloud where a corresponding drop is expected. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Short
by Klimex
AUDNZD approaching resistance, potential drop!AUDNZD is approaching our first resistance at 1.0411 (61.8% Fibonacci retracement , 100% Fibonacci extension , horizontal pullback resistance) where we might see a drop in price to our first support at 1.0376 (61.8% Fibonacci retracement ,horizontal swing low support ). Ichimoku cloud is showing bearish cloud and we might see a corresponding drop in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Short
by Klimex
1
RBNZ & RBABy Andria Pichidi - February 13, 2019 RBNZ held the official cash rate at 1.75%, matching widespread expectations. RBNZ reiterated its pledge to keep the rate at the current level through 2019 and 2020. "The direction of our next OCR move could be up or down", they repeated. The statement for keeping rates low, for longer than what has been stated so far, along with the statement that OCR could move either way, came in contrast with the highly dovish stance that markets anticipated. This explains Kiwi's spike, with NZDUSD jumping to 0.6851 from 0.6730 ahead of the announcement and during the conference session. RBNZ seems to be following a similar policy path to the RBA. Last week, RBA announced steady rates  at 1.50%, whilst its statement was consistent with no change in the current rate setting through 2019. Overall, the RBA maintained its view that inflation will eventually pick up, although it will take a bit longer than anticipated. Given the Fed's dovish shift, the risk was for the RBA to take a decidedly dovish turn, which Lowe and company did not. Despite the similarity between RBNZ and RBA, New Zealand continues to present an overall fair to middling economy with prospects of any kind of policy changes, as the labour market strengthens and inflation is nearly at the mid of the 1-3% target. This comes in contrast to the Australian economy, which looks erratic given sharp property price declines, despite the "strong" labour market. Furthermore, Aussie's future performance depends greatly on how the Chinese economy evolves, given the strong symbiotic link the Australian economy has with China's. Markets remain in a cautious state due to the current US-China trade talks, which presents binary risk for the Aussie given China's outsized demand for Australian exports. AUD has been trending lower over most of the last year, having declined about 12-13% over this period, largely as a consequence of the eruption of the US-China trade war. On the other hand, Kiwi's future performance is not highly linked to China since the NZ economy is not as exposed to a Chinese slowdown as Australia. Consequently, despite the common policy stance between New Zealand and Australia, all the above arguments suggest that NZD is likely to remain stable in comparison to AUD, something that could give AUDNZD a downleg until it gradually breaches a possible parity. Levels to be watched, starting from immediate to long term Support levels are : 1.0395, 1.0370, 1.0320, 1.0235. Resistances come at 1.055, 1.0667 and 1.0712. Come join us today at HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
Short
by HotForex
AUDNZD Testing Resistance, Prepare For ReversalAudnzd is testing its resistance at 1.0539 (61.8% Fibonacci extension , 50% Fibonacci retracement , horizontal overlap resistance) where a reversal to its support at 1.0454 (61.8% Fibonacci extension , 61.8% Fibonacci retracement , horizontal swing low support) is expected. Stochastic (89, 5, 3) has reversed off its resistance where a corresponding drop is expected. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Short
by Klimex
AUDNZD ShortThe sentiment of AUDNZD currency pair is DOWN SWING. Recent swing is moving DOWN from upper band to middle band. The previous swing of AUDNZD currency pair was UP and had no volatility movement, so demand is decreasing. As market direction the sentiment has turned to negative while the selling pressure overcomes the buying pressure. The execution of selling price at 1.05013. The first price target is estimated 100.0% at 1.04899. The second price target is estimated 200.0% at 1.04785. The escaping of price is estimated 100% at 1.05127. Enjoy our more service: Create your Neteller account using our link tinyurl.com and get Free Deposit Verification and Lifetime Support.
Short
by UnknownUnicorn3368063
AUDNZD approaching resistance, potential drop! AUDNZD is approaching our first resistance at 1.0532 Horizontal swing high resistance, 100% Fibonacci extension, 50% Fibonacci retracement) and a strong drop might occur pushing price down to our major support at 1.0452 (61.8% fibonacci retracement, 61.8% fibonacci extension). RSI (34) is also approaching resistance and we might see a corresponding drop in price should it react off this level. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by Klimex
AUDNZD BULLISH FORECAST - COMPLETION OF THE TRIANGLE PATTERNHi traders, The AUDNZD made a bullish rejection candle at a double bottom level on a weekly support zone. . This pair is currently building a major Elliot Wave triangle corrective pattern after a major five-wave bearish impulsive move. . According to Elliot Wave principle, a triangle consists of 5 corrective waves (ABCDE). AUDNZD has already completed the wave ABCD, and the price is about to start building wave E which has the potential to move up towards the Triangle resistance as projected on the chart. . We will wait for the price to break above the blue descending trendline that lined up with resistance level and then look for a bullish corrective pattern to take advantage of the impulsive move. . What's your thought on AUDNZD? Let me know in the comment. . Thanks for reading! Veejahbee.
Long
by Veejahbee
AUDNZD approaching resistance, potential drop! AUDNZD is approaching our first resistance at 1.0534 (horizontal swing high resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.0508 (horizontal pullback support, 38.2% Fibonacci retracement). Stochastic (34,5,3) 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.
Short
by easyMarkets
What a nice pair to trade! AUDNZD non-failure swing on its way?A chart tells thousand words. The pair completed a pullback to the longer-term trendline and formed a fresh lower low on the daily chart. Some traders may find this enough to enter with a short position, but I like to have some additional confirmation. A lower low doesn't necessarily mean a lower high, since the price can still go to the upside and create a higher high instead. That's why I would like for a non-failure swing, which would be a new lower high as shown on the chart. A short trigger would be the break below the recent lower low (shown on chart). Notice that a fresh lower high would imply a head and shoulders pattern.
Short
by MujkanovicFX
FOREX: AUDNZD - SWING - 22. JAN. 2018WELCOME TO DACAPITAL-TRADING! CHFJPY FOREX BREAKDOWN 22 JANUARY 2018 1 HOUR Bearish reaction to 1.06670 into our buy zone 4 HOUR Overall bullish waving market with several pullbacks, similar now! DAILY Bearish market with a pullback to the upside now... LEVELS BUY AUDNZD ENTRY @ 1.05870 SL @ 1.05460 (40 Pips) TP @ 1.06370 (50 Pips) RR: 1.20, normal swing trade! IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS ALSO LEAVE US A LIKE TO KEEP OUR CONTENT FOR FREE!!
Long
by DACapitalTrading
2
AUDNZD +140 potential shortThe Monthly and Daily time frames are Bearish. This pair has trading in a tight range since January 17 Would like to see the Kejun Sen flatten or better yet step down and that will happen if the pair respects the Resistance level. The Optimal time to start look for this trade to trigger would be after 1am as the Cloud will have thinned out making it easier to break through. Entry = 1.0645 Stop =1.0665 1st PT = 1.0505 2nd PT = 1.0356 Risk = 20 pips Reward 1st PT = 140 pips Reward 2nd PT = 289 pips RRR 1st PT = 7-1 RRR 2nd PT = 14.4 - 1
Short
by AGold54