AUDNZD: Sell signal confirmed.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 = 1.05300) and is the price closes under the S1, we expect a bearish extension to S2.
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AUDNZD
AUDNZD Triangle close to breaking outThe 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 price closes above the Triangle (Lower Highs trend-line), we will buy the break-out, target 1.10000 (bottom of Pivot Zone) and then short from the top for the long-term.
P.S. The RSI's Rectangle can be of additional help for buying and selling.
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AUDNZD | Australian Dollar New Zealand Dollar STRONG BUYDownside 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 for RBNZ policy (current implying a likelihood of 6 hikes in the next 12 months),"
AUDNZD ShortSame sort of set up we looked at for USDCHF. We are looking good on trend and momentum so we are looking for entry at a few points of interest where they align with fib levels. First short is only a 2.5:1 and if we get that deep retracement we can take it for a 3:1. I feel like the lower entry has a higher chance of triggering but if you want to wait on the further pull back it maybe the safer play here.
AN potential turn up?**Find out more from my Tradingview Stream this week**
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
Ready to gear up for a Bullish RunFOREXCOM:AUDNZD
Price has reached both a refined MTF (H1 and m15) embedded within a HTF (daily). Demand in this area seems to still be in control. Once price breaks above, I'll be looking to see if the market will prove its indeed ready to trend upwards towards the weak high.
AN coming to a supporton 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**
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Hello there!
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
And if you would like to show further support for me, you can gift me some coins on tradingview! 😁
Thank you!
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
AUD/NZD Massive Long! BUY!
My dear subscribers ,
My technical analysis for AUD/NZD is below:
The market is trading on 1.07813 pivot level.
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1. 06974
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
Institutional Demand: AUD/NZD LongHi trader!
Listen up - after all the good zones I've been sharing these past weeks, a lot more key areas are being reached soon. One of the charts I truly like is AUD/NZD, which recently started to tank from our supply zones (as covered in my weekly live sessions) but we're now moving towards demand.
This demand area on the daily is beautiful and obvious, cuz it is stacked with fresh weekly value as well it is a key one to watch when it is reached.
Of course, the 4hour needs to confirm the higher-timeframes and as you know I just wait for our standard patterns to have that confirmation.
PS! If you like these posts and want me to keep doing them.. please give our posts a like, this helps me to grow!
Kind regards,
Max Nieveld
AUDNZD Will Go Higher! Long!
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 testing a major horizontal structure 1.077.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.089 level soon.
P.S
We determine 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.
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