Audnzdanalysis
AUDNZD bounced from support, potential for a further rise!
AUDNZD bounced off 1.04446 where it could potentially rise further to 1.04664.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
audnzd tested .50 fibwith a strong AUD on the mind, we see that this pair tested the 1.0400 level which aligns with the Fibonacci level. we had last night the NZD news. like you know, AUD and NZD are moving similar to each other. I expect (with some retracements), that the price will come back to the targeted zone.
AUDNZD approaching support, potential for a bounce!
AUDNZD is expected to drop to 1st support at 1.03849 where it could potentially react off and up to 1st resistance at 1.04097.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Trading Pathways Analysis of AUDNZD H4 Chart
The outlined white arrow pathway is the predicted pathway that the AUDNZD will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where AUDNZD will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways
Very Long Trade for AUDNZDAll these conditions must be satisfied before entering the trade:
- Previous High Impulse
- Fibonacci 61.8% or 100% touched
- Wave pattern completed
We enter the trade at point 5 of the wave
Enter: 1.028
SL: 1.017
TP1: 1.045
TP2: 1.08
AUDNZD W5 JAN 2020Clear Rejection of the daily trendine. the next resistance zone at 1.04450 will be a possible target
AUDNZD approaching support, potential for a further rise!
AUDNZD approaching support at 1.03466 where it could potentially rise further to 1.03568.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDNZD can go up 600 PIPS soonAUDNZD price action indicates that a big move can happen very soon. Price is consolidating at the bottom for nearly 2 months now and I believe and accumulation of orders is taking place here.
I have already bought AUDNZD and will continue to add more buys if it drops.
I have indicated with arrows about the possible price action in the coming days.
Either way, 1.0280-1.0410 is a buy area with final TP at 1.0924
AUDNZD trade idea on H1Plan : wait for prices to bounce off horizontal / trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
AUDNZD Complete Analysis: Both Long and Short OpportunitiesAUDNZD is trading in a bearish move for more than two months now after hitting multi-week high back in November.
Lately, AUDNZD has gained some strength and consolidating at the bottom of the structure.
From this area, two things are likely:
1) A strong impulse to the upside.
2) A final bearish move and strong upside.
Either way, swing traders should look for buys when price hits the bottom.
However, day traders can still sell as price is facing strong resistance in the 4H chart.
Based on this analysis, my recommendation is to:
1) Sell AUDNZD@1.0408-1.0420.
TP:1.0320
SL:1.0436
2) Buy AUDNZD@1.0280-1.0350
TP:1.0672
SL:1.0250
AUDNZD bounced from support, potential for a further rise!
AUDNZD bounced off 1.03930 where it could potentially rise further to 1.04828.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDNZD potential reversal!
AUDNZD expected to rise up to 1st resistance at 1.04828 where it could potentially react off and drop down to 1st support at 1.03930.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDNZD bounced from support, potential for a further rise!
AUDNZD bounced off 1.03930 where it could potentially rise further to 1.04828.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
