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AUDNZD

AUDNZD Montly w/ Ongoing Updates *Not Advice*Weekly Economic Analysis: 7/30/23 Pair: AUDNZD GDP (Down: Weaker Currency Up: Stronger Currency) - Aud down NZD up Employment (Down: Weaker Currency / Up: Stronger Currency) - Both up Inflation (Down: Weaker Currency Up: Stronger Currency) - Both Down Interest Rate (Down: Weaker Currency / Up; Stronger Currency) - AUD news week. Both stalemate Balance of Trade (Down: Weaker Currency / Up: Stronger Currency) - AUD down NZD up PMI (Down: Weaker Currency / Up: Stronger Currency) - Services: Both are down - Manufacturing: AUD up NZD down Bias: NZD Stronger Monthly Technical Analysis - Price could be in a range with our bias to the demand zone around 1.03758.
Short
by Redimere_91
AUDNZD Sell signal on the Symmetrical ResistanceThe AUDNZD pair is consolidating on the 1D MA50 (blue trend-line) for 4 straight 1D candles, having formed a 1D Golden Cross last week. Even though that is a technically bullish formation, as long as it doesn't break above the 1.093250 Symmetrical Resistance, a rejection seems more probable. As long as it holds, we will sell and target the Higher Lows trend-line at 1.06200. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
8
AUD/NZD to benefit from yield differentials? A strong 2-day rally this week suggests AUD/NZD has printed its swing low at 1.07266. Whilst NZ inflation data was stronger than expected in Q2 and saw AUD/ZD pull back to 1.0800, we suspect it is still lower from the prior reads to allow the RBNZ to hold rates steady with an economy already in a recession. We therefore see today's retracement lower to 1.080 as a potential gift for bulls, and for a move to 1.0900 or even 1.1000 over the coming weeks. The RBA may still have to hike once or more and that could see expectations of a lower RBNZ-RBA cash rate and support AUD/NZD. A break beneath this week's low invalidates the bullish bias.
Long
by CityIndex
EURAUD I Long from bottom of the channelWelcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
32
AUDNZD BullishWeekly average price above Monthly Resistance 1.09329 is now support1 Support 2 is 1.07745 A break below 1.077745 is bearish trend(red arrow) AUDNZD could close 3days in row above 1.9 support zone Many technicians will recognise this as a potential trend reversal to the upside. Fibonacci enthusiasts may also acknowledge that the dynamic value, which may serve well as resistance if challenged, is accompanied by a moderate Fibonacci cluster around $0.6681 (38.2% and 61.8% Fibonacci retracement ratios). Therefore, technically, this could prove a problematic headwind. The levels above 1.11 are untested Highs and AUD will try to fill them
Long
by DaveBrascoFX
AUD/NZD SHORT SELLING Turns lower from a key barrier2H ANALYSIS Short Term Day Tarading AUD/NZD’s retreat from the upper edge of the Ichimoku cloud on the daily charts and the 200-day moving average, slightly below the February high of 1.1085 confirms that the path of least resistance remains sideways down. Any break below immediate support at the early-April low of 1.0585 could open the door initially toward the end-2022 low of 1.0470. Subsequent support is at the 2021 low of 1.0275. TREND BIAS is BEARISH! Turning Key levels Sipport and Resistannce
Short
by DaveBrascoFX
1
AUDNZD - Could see bearish rejection ✅Hello traders! ‼️ This is my perspective on AUDNZD. Technical analysis: After the change of character here I see price to form lower lows and lower highs, so I am looking for shorts. Here we could see a rejection from bearish order block + institutional big figure 1.09000 in the upcoming days, if this happens, I will open a short position. Fundamental analysis: Upcoming week on Wednesday will be released quarterly and yearly CPI on AUD. It was forecasted to decrease, which means currency weakening. If this happens, it will support our analysis. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
1
AUDNZD Is Very Bearish! Short! Here is our detailed technical review for AUDNZD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 1.090. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.084 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
2
AUDNZD: Bullish Cross can take it higher for a new sell entry.AUDNZD is currently forming a Golden Cross on the 1D timeframe, which is technically bullish (RSI = 59.438, MACD = 0.004, ADX = 24.813). The symmetric sequence on the 1D RSI with the February-April phase indicates that the Cross can indeed push the price higher, over Fibonacci 0.618 and then decline to form the Lower Low at the bottom of the long term Channel Up. We are already on a sell since June 7th (see idea below) but we will add another on Fib 0.618 targeting the Channel's bottom (TP = 1.062500) again. Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
by InvestingScope