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AUDNZD

AUDNZD | I BELIEVE IT COULD BE A GOOD SHORTHey Traders! This pair shows strong bearish market moves. On the weekly chart, the price is moving between the MAs, and it has broken out of the daily channel. On the 4-hour time frame, we can see that the price formed a bearish engulfing candlestick and broke past all of the moving averages, including MA 200. This is a great confirmation from a higher time frame that the price could continue to fall. Now, we have a possible HTF re-test zone that is approximately 35 and 40 pips away. At night, however, we will get news regarding AUD GDP, which will definitely affect our trade.
Short
by FX-TradingLions
AUDNZD Bears Are BackAUDNZD turned sharply down in the last quarter of 2022, away from the upper trendline of a previously bullish EW channel which is usually the ending point of a higher-degree structure on a daily chart. We talked about this in our 2022 updates and warned about a bearish turning point which is now in full progress and will most likely resume much lower as pair shows an impulsive drop for wave A. However, nothing moves in a straight line, so wave (B) corrective rally is not a surprise either. It made a nice three-wave A-B-C correction in wave (B) perfectly into projected golden 61,8% Fibonacci retracement at the former wave 4 resistance area in the 1.10 - 1.11 area. Well, as you can see AUDNZD pair is now dropping sharply from projected resistance and it's also breaking important channel support line in the 4-hour chart. So, seems like higher degree wave (C) is now in play that can send the price down to 1.03 area or lower, especially if breaks beneath 1.0740 bearish confirmation level. Trade well!
Short
by ew-forecast
AUDNZD I Potential buy from demand zone Welcome back! Let me know your thoughts in the comments! **AUDNZD 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
11
j.Hejazi | End of AUDNZD Bullish TrendThe bullish trend line for AUDNZD appears to be nearing its end, as upward momentum appears to be losing steam. This is evident in the fact that higher highs are becoming increasingly closer and new highs are being printed less frequently, as well as a divergence on the MACD indicator. Additionally, the monthly resistance at 1.10500 and the 200-day moving average have been touched without a breakout, which is another clear indication that the bullish trend may have run its course. We now need to wait for the price to break the monthly ascending trend line and the 1.09100 support level before considering it a sell signal, with a first target of 1.08000. ------------------------------------------------------------------------- Let me know your thoughts in the comments, and show your support by liking the idea. Please follow if you're interested in more ideas like this. Your support is greatly appreciated!
Short
by Candlestick_OB
AUDNZD - 4hr ( Sell Opportunity Target Range 280 PIP )💲Pair Name : AUD/NZD 🗨Time Frame : 4hrs ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( ↘️ Short ) Type : Mid Term Swing ——————————— 🔰Bearish Retest 1.09950 Area Reasons 🔘- Major Turn level 🔘- Visible Range LVn 🔘- Pattern Retest 🔘- M / low Area 🔘- W + D / Low Area 🔘- Bos + CHoCH 🔘- Fibo Golden 🔰Bullish Reversal 1.07500 Area reasons 🔘- Major Turn level 🔘- Pattern Target 🔘- Visible Range Lvn 🔘- M / low Area 🔘- Fibo Golden
Short
by GoldenEngine
SasanSeifi💁‍♂️AUD/NZD 👉 6HHI TRADERS ✌As you can see, the price faced selling pressure from the range of 1.10. We can expect the price to continue to the 1.08730 range and fill the FVG with the correction.it should be seen that the price will react to the specified range, the possibility of a positive reaction can be considered. ❎ (DYOR)...⚠⚜ What Do you think about this analysis? I will be glad to know your idea 🙂✌ IF you like my analysis please LIKE and comment 🙏✌
Short
by SasanSeifi
AUDNZD:Couple of Scenarios ahead of today's Economic CalendarHey traders, above is a quick video in which we analyze AUDNZD technically and fundamentally ahead of today's RBNZ meeting. i would watch the zone of 1.099 which combine a strong supply and demand zone with a strong uptrend. our eyes will be in today's official rate from the Reserve Bank of New Zealand. if they hike rates as the market is pricing we can probably hit more highs on AUDNZD. otherwise if RBNZ surprise us with a larger rate hike we will more likely have the second Scenario. don't forget to ask us your questions in the comment section. Joe.
Long
by JoeChampion
14