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AUDNZD

AUDNZD Outlook 20 April 2023The 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 in inflation growth could reduce the need for the RBNZ to continue with further interest rate hikes. While a continuation of the uptrend is expected, watchout of a possible brief retracement at the current resistance level or at the top of the channel. Continuation of the upside is likely to require further weakness on the NZDUSD. Ideally, look for buying opportunities after a retracement on the AUDNZD.
Long
by JinDao_Tai
1
AUD/NZD Massive Long! BUY! My dear followers , This is my opinion on the AUD/NZD next move: The asset is approaching an important pivot point 1.08307 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Target - 1.08747 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
9
AUDNZD Outlook 17 April 2023Toward 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 Friday. While the price could consolidate or retrace briefly, further downside on the NZDUSD could see the AUDNZD continue to trade higher to retest the next resistance level of 1.0890.
Long
by JinDao_Tai
AN potential break up or reversal **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 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!
by Shadowing_The_Big_Boys
1
AUDNZD Outlook 13 April 2023Today, the Australian employment data surprised markets with stronger than expected release, with the unemployment rate staying at 3.5% while employment change was higher than expected). This led to brief strength in the AUDUSD, which saw the AUDNZD climb higher to test the 1.0810 resistance level. However, in the short term, as the price currently retraces from the resistance level, look for a test of the 23.60% Fibonacci retracement level at the 1.0759 price level. A break of the interim support level could see the AUDNZD trade lower to test the upward trendline along the 1.0726 price level. However, in the longer term, following with the upward trend, if the bounces from the 1.0759 level, look for the AUDNZD to break above the resistance level, with the next resistance level at 1.0886
Short
by JinDao_Tai
1
AN more on the downside to come...As previously mentioned it is more on the downside..bias to short moving forwards... **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 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!
Short
by Shadowing_The_Big_Boys
2
AUD/NZD My Opinion! SELL! My dear subscribers , This is my opinion on the AUD/NZD next move: The price is coiling around a solid key level - 1.07614 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.07205 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1