AUDNZD Technical Analysis! SELL!
My dear friends,
AUDNZD looks like it will make a good move, and here are the details:
The market is trading on 1.0782 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.0737
Recommended Stop Loss - 1.0810
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
AUDNZD
⚡️ AUDNZD CMC TRADING ⚡️ The AUDNZD pair indicates a potential bearish order flow along the prevailing major trend. Simultaneously, a reversal formation is in progress, hinting at a likely retest of the identified Order Block (OB). This retracement corresponds with filling the Former Value Gap (FVG) on the left side of the chart. A strategic approach involves patiently awaiting the price to attract ample liquidity near the highlighted OB zone. Once all necessary confirmations align seamlessly, entering a short position at that level is anticipated.
AUDNZD : Long Trade , 4hHello traders, we want to check the AUDNZD chart. The overall trend of the market is bearish and the price has reached the ceiling of the descending channel as well as the indicated key level. We expect the price to have a correction up to around 1.07500 and if the price fails to break this level, the price will maintain its upward trend and grow up to around 1.08600. Good luck.
AUDNZD LONG PROJECTIONAUD/NZD has recently validated a ChoCh (Change of Character) within the bearish order flow, particularly on the 4-hour timeframe. In this scenario, there was an observable Fair Value Gap (FVG) alongside a crucial Order Block (OB). Currently, the strategy involves awaiting a price movement to purge liquidity in the vicinity of the identified Order Block before the anticipated rally.
AUD/NZD BUY📈 Market Analysis: AUDNZD BUY
📊 Technical Analysis:
AUDNZD has reached the bottom (higher low) area of the symmetrical triangle in the daily timeframe chart. Additionally, the pair has touched the lower trend line of the descending channel on the 4-hour time frame.
📉 Expectations:
We anticipate the pair to re-test key support levels as highlighted in the attached chart.
📊 Trading Strategy:
This trade is based on a combination of technical analysis and candlestick patterns. These are long-term positions, so ensure you have sufficient margin to manage market fluctuations. Utilize proper risk management in line with your account size.
🚦 Trading Rules:
1️⃣ Rule 1: When the market hits Target 1, consider closing some positions or move your STOP LOSS to ENTRY price for safe trading.
2️⃣ Rule 2: After reaching Target 1, avoid placing new trades based on the same signal/alert.
3️⃣ Rule 3: If the market consolidates for more than 2 days, close the trade and patiently wait for the next favorable trading opportunity.
📣 Like and Share for More Insights!
AUDNZD H4 | Potential Bearish ReversalAUD/NZD is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.07694 which is a pullback resistance.
Stop loss is at 1.08025 which is a pullback resistance that sits above the 61.8% Fibonacci retracement level.
Take profit is at 1.06910 which is a swing-low support level.
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AUDNZD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDNZD On The Rise! BUY!
My dear friends,
Please, find my technical outlook for AUDNZD below:
The instrument tests an important psychological level 1.0685
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.0730
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
AUD/USD Consolidates Around 0.6600 Ahead of US NFP DataAUD/USD is trading within a narrow range around the 0.6600 level in the Asian trading session on Friday. Concerns about China's economic outlook and the temporary pause in the US Dollar's decline have restrained this currency pair ahead of the highly significant US NFP data. In Australia, October trade data failed to support the Australian Dollar (AUD). The trade surplus decreased to 7.129 million in October from the previous reading of 6.184 million, falling below the market estimate of 7.500 million. Furthermore, China's November import data has raised concerns about an economic slowdown in the world's second-largest economy. Optimistic data and new concerns about China's economy could convince the Reserve Bank of Australia (RBA) to cut interest rates in 2024, potentially pushing the AUD lower.
Next, market participants will closely monitor the US Non-Farm Payrolls (NFP) report, scheduled for release later on Friday. Additionally, the Unemployment Rate, Average Hourly Earnings, and the University of Michigan Consumer Sentiment Index will be published. These events could cause market volatility and provide clearer direction for the AUD/USD pair.
AUDNZDAUDNZD is trading in descending parallel channel. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 1.0850.
What you guys think of this idea?
AUDNZD - Trading The Wedge 🌙 AgainHello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last AUDNZD analysis, we have been looking for sell setups around the green resistance zone.
AUDNZD traded lower and it is currently hovering around a robust demand zone.
Moreover, it is approaching the lower red trendline.
🏹 So the highlighted red circle is a strong area to look for buy setups as it is the intersection of the blue demand and red trendline acting as a non-horizontal support.
As per my trading style:
As AUDNZD approaches the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
AUDNZD Will Go Higher! Buy!
Please, check our technical outlook for AUDNZD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 1.072.
The above observations make me that the market will inevitably achieve 1.080 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
AUDNZD: Bullish Continuation & Long Trade
AUDNZD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long AUDNZD
Entry - 1.0725
Sl - 1.0685
Tp - 1.0802
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
✅AUD_NZD BREAKOUT|SHORT🔥
✅AUD_NZD is going down
Now and the pair broke the
Key horizontal level of 1.0783
Which is now a resistance then
Went up to retest the broken
Level and is now moving down
Again so I am bearish biased
And I think that we will see
A further move down
SHORT🔥
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AUD-NZD Will Go Up From Rising Support! Buy!
Hello,Traders!
AUD-NZD is trading in an
Uptrend along the rising support
Line and the pair is about to
Retest the support from where
A local bullish rebound is
To be expected
Buy!
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Check out other forecasts below too!
AUDNZD My Opinion! SELL!
My dear followers,
This is my opinion on the AUDNZD next move:
The asset is approaching an important pivot point 1.0847
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.0831
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
7 Dimension Analysis For AUDNZD 🕛 TOPDOWN - Navigating a Bullish Market with Long-Term Potential
Overview: This pair has been consolidating for about a decade, showcasing substantial volume in the yearly chart. Despite the extended consolidation, heavy volume indicates significant player involvement, suggesting an expected upside move. The monthly trend is establishing itself for a prolonged bullish trajectory, currently forming a base accumulation zone. The weekly chart shows a triangle formation, and a breakout will be pivotal for determining the broader trend. All signs currently point towards a bullish bias, making this pair attractive for both short and long-term positions.
😇 7 Dimension Analysis
Time Frame: Daily
1️⃣ Swing Structure: Bullish to sideways with Bull-side potential
🟢 Structure Behavior: ChOch and Point of Interest (POI) already mitigated with liquidity sweep.
🟢 Swing Move: Initial Impulsive
🟢 Inducement: Completed for the bull side, establishing a valid low.
🟢 1st Pull Back: Made a 50% correction with an Inside Bar candle, validating the pullback. Internal structure appears bullish to sideways with mitigated oversold conditions.
🟢 Demand/Accumulation Areas: Respected by the price. Trendlines are marked, awaiting a breakout.
2️⃣ Pattern
🟢 CHART PATTERNS
No specific chart patterns identified in the current leg.
🟢 CANDLE PATTERNS
Key Observations:
Change in guard with an engulfing candle at the demand area, signaling potential sideways movement.
Multiple instances of long wicks at the demand area, indicating bullish sentiment.
Momentum candles exhibit substantial size, signaling significant bullish momentum.
Various bullish candlestick patterns, including kicker sash, inside candles, and open lows, reinforce the bullish sentiment.
3️⃣ Volume: Significant buy volumes at the demand area, suggesting strong bullish control. Positive insights from volume during corrections.
4️⃣ Momentum RSI:
🟢 Momentum State: In a full sideways zone. Momentum shifted rapidly from super bearish to super bullish, indicating a substantial change in momentum. Bullish divergence supports the bullish outlook.
5️⃣ Volatility Bollinger Bands:
🟢 Prices play around the middle band, anticipating a significant move. Squeeze has begun, indicating a potential volatility compression. A breakout outside the upper band is expected.
6️⃣ Strength - ROC Values: Almost equal strength at the current point.
✔️ Entry Time Frame: Daily
✅ Entry TF Structure: Sideways to bullish
☑️ Current Move: Bullish impulsive
✔ Support Base: 20 MA
☑️ Candles Behavior: Major bullish candlestick patterns have formed.
☑️ Trend Line Breakout: Awaiting confirmation.
☑️ Final Comments: Enter for a long position once the price breaks the upper trend line.
💡 Decision: Go for a long position.
🚀 Entry: 1.0900
✋ Stop Loss: 1.0750
🎯 Take Profit: 1.1426
2nd Exit if Internal Structure Changes, 3rd Trendline Breakout, FOMO.
😊 Risk to Reward Ratio: 1:3.5
🕛 Expected Duration: 30 days
SUMMARY: The analysis maintains a bullish perspective, emphasizing potential long-term opportunities. The strategy involves entering a long position upon the breakout of the upper trendline, aligning with the broader bullish outlook. Considerations include the diverse bullish candlestick patterns and the anticipation of a significant move as signaled by the Bollinger Bands' squeeze.