AUDNZD W Formation has formed over the last month. The price has broken above the Neckline, showing strong upside to come. We have other indicators confirming this. 7>21 - Bullish RSI>50 Target 1.14000 SMC - Sell Side LIquidity Smart Money buys into positions (and sweeps liquidity) from traders who are long (get stopped) and for short traders who enter...
Pair Name: AUD/NZD Time Frame: 4hrs Chart Direction: short Comment: 📢 Market Update 📉💰 📊 It appears that we could witness a bearish price movement based on the current technical analysis. The price has successfully filled the existing imbalance and encountered resistance at the prominent level of 1.09000. My target is to exploit the significant downward...
Price moved in a parabolic surge last week and reached at a strong resistance zone. Now we are expecting a pull back and need to retrace little, There is also an bearish divergence in place So trade accordingly.
Hey Traders, in tomorrow's trading session we are monitoring AUDNZD for a buying opportunity around 1.08500 zone, AUDNZD was trading in a downtrend and successfully managed to break it out. Currently we are waiting for a correction in order to see a potential retrace of the trend towards more highs. Fundamentally with current inflation issues in Australia AUD is...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Here is a detailed update top-down analysis for AUDNZD . Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
As we can clearly see, price is in a bearish phase. It first gave us a reaction of a higher timeframe demand which eventually failed. Price then retraced back up, forming liquidity just below our 1h POI that was left behind when price rallied. This has now provided us an opportunity to catch the rest of the move to the downside through a flip entry that has been...
Hello Traders NZD dropped hard in the last days of last week. Overall view of AUD/NZD is still bearish but last week's candle changed the situation at least for the short term. We expect AUD will catch this opportunity and relive some of its losses VS NZD (a short correction), otherwise, the price will continue moving downward. Also, some indicators(stochastic)...
We are potentially seeing a double bottom formation on AUDNZD and considering that price is near 88.6% Fibonacci support, which could be the point when the trend reverses to the upside.
The AUDNZD pair got rejected on the 1D MA50 turning the 1D technicals bearish (RSI = 42.793, MACD = -0.002, ADX = 30.864) for the first time in a month. The price got also rejected on the 1D MA200 and the LH trendline on April 21st, which started the current bearish leg. This may give a rise to a Channel Down. We are short, targeting the HL trendline (TP =...
In my trading strategy, I analyze eight custom currency indexes on the 30-minute time frame to capture short-term market movements. I utilize pivot points, Exponential Moving Averages (EMAs), and various technical analysis techniques to develop a bullish or bearish bias for each currency. By examining the interactions between these indicators and price action, I...
The AUDNZD pair has hit our previous target (see chart below) and is currently on a Triangle pattern: The break-out of this pattern will dictate the next trend. Right now the price is below the 1D MA50 (blue trend-line) so currently we have to give a slight edge to the bearish break-out. In that case, our target will be 1.04700 (December 16 2022 Low). If the...
Downside risks for NZD remain, though, given asymmetric risks to RBNZ pricing. The persistent curve inversion suggests markets are pricing in a risk of a policy mistake. We are watching the Feb RBNZ meeting closely, particularly for guidance on the balance sheet," "We expect AU D to outperform NZD (targeting 1.08) given risks that swap traders reduce expectations...
on the higher timeframe, price might get supported..might not..lets see.rate news next week for AUD. **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like...
As mentioned a break up on this pair would see more upside...lets trade with this likely new trend upwards. :) **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you...
The AUDNZD traded higher to the top of the bullish channel at the 1.0920 price level, due to the overnight strength of the AUDUSD. As the AUDUSD retraces, this could lead to a brief reversal on the AUDNZD. Look for the AUDNZD to retest the 1.0890 price level before a continuation to the upside. However, if the price breaks below the 1.0890 support level, the...
Hey Traders, The AUDNZD i s currently in a pickle, the price could do a fakey (grappling liquidity from buyer's entry and sellers stop loss before making a a full bearish continuation. Or, It could start a new bullish momentum to retesting the Daily supply area. Hers is the pair you can anticipate for then wait for proper entry. Good luck.
The AUDNZD continues to trade higher as price respects the uptrend and maintains within the upward channel. Most recently the price bounced strongly from the horizontal support level of 1.0810 and the bottom of the channel to trade up to the 1.0890 resistance level following the release of the NZ CPI q/q data at 1.2% (Forecast: 1.5% Previous 1.4%). A slowdown...
Toward the end of last week, the AUDNZD retraced from the resistance level of 1.0810 to trade down to the 1.0740 price level which coincided with the upward trend line and was within the area of the 38.2% Fibonacci retracement level. The price bounced from the trendline and has now broken above the resistance level as the AUDUSD and NZDUSD weakened on...