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Audnzdanalysis

AUDNZD: Revival of the AUD Strength?AUDNZD Timeframe: 1D Direction: Long Confluences for Trade: - Price close to Long Term Support Trendline (since 2015) - Price at Resistance Line of Parallel Channel - Price at 78% Fibo retracement levels of previous Low to High - Stochastic Oversold momentum (W1, D1, H4) Suggested Trade: Entry @ Area of Interest 1.0585 - 1.0640 SL: 1.0541 TP: 1.0800 RR: Approx. 2.50 (Depending on Entry Level) May the pips move in our favor! Good luck! :D *This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
Long
by weekendanalyst
AUDNZD - SWING SETUP - 08. SEPTEMBER 2018WELCOME TO DACAPITAL TRADING!! MONTHLY FOREX MASTER SIGNAL 4 HOUR Bullish movement towards previous H4 Resistance Level DAILY Overall sideways AUDNZD movement with several reactions WEEKLY Overall bullish market with a small bearish pullback LEVELS SELL AUDNZD @ 1.09680 SL @ 1.10020 (30 Pips) TP @ 1.08680 (100 Pips) Easy Setup, keep holding we will update you! Enjoy our limited Content and Setups, leave us a like and Comment!!
Short
by DACapitalTrading
9
AUDNZD Elliott Wave View: Further Downside ExpectedHello Traders, AUDNZD Short-term Elliott Wave view suggests that the rally to 1.1066 ended red wave X. The internal subdivision of red wave X is unfolding as a zigzag Elliott Wave structure where black wave ((a)) ended at 1.1048, black wave ((b)) ended at 1.0992, and black wave ((c)) of X ended at 1.1066. A zigzag is a 5-3-5 ((a))-((b))-((c)) structure in which the subdivision of wave ((a)) and ((c)) is in 5 waves, either as impulse or diagonal. Down from 1.1066, red wave Y is in progress as a double three Elliott Wave structure where black wave ((w)) ended at 1.0945 and black wave ((x)) ended at 1.0986. Below there, it soon can end a 5 waves structure in blue wave (a). Afterwards, a correction in blue wave (b) in 3-7- or 11 swings is expected. As long as the pullbacks stay below 1.09875 it is expected to see more downside. We don’t like buying the proposed rally and prefer more downside in 3-7-11 swing as far as pivot at 1.09875 high stays intact.
Short
by Elliottwave-Forecast
LONG OPPORTUNITY AUDNZDWe need to be patient and watch carefully for the outcome of this potential set up. If correct we should be able to catch a really nice impulse wave at the breakout of the triangle ( yellow trendline) I set my entry at 1.0926 because I can't sit in front of the screen today but I might just get trapped in. So if you can watch the chart, just wait for the confirmation. S/L at 1.088 (conservative) 1.085 for more room. No target as with those set up I try to ride the wave as long as possible to maximise profit. Trade Safe!!
Long
by MedinTrade
AUDNZD testing strong resistance, prepare to sellAUDNZD is testing strong harmonic resistance and looks poised to drop from here. Sell below 1.0797. Stop loss at 1.0833. Take profit at 1.0706. Reason for the trading strategy (technically): Price is testing major resistance at 1.0797 (Fibonacci extension, bearish harmonic formation) and a strong reaction could occur at this level to push price down towards 1.0706 support (Fibonacci retracement, horizontal swing low support). Our stop loss is at 1.0833 which is just above a major swing high and Fibonacci retracement to give our trading setup ample breathing space. Stochastic (34,5,3) is seeing nice resistance at 93% where a corresponding drop could occur.
Long
by MEX_Exchange
1
AUD/NZD 1H Chart: Breakout from symmetrical triangleAUD/NZD 1H Chart: Breakout from symmetrical triangle In early hours of this trading session the currency exchange rate made a breakout from symmetrical triangle pattern amid the pressure from 55-, 100- and 200-hour SMAs. In result of this downfall the pair has formed a minor descending channel, which is should guide movement of the pair at least until release of data on the New Zealand Retail Sales. But publication of worse than expected figures is unlikely to change the overall trend, according to which the pair is expected to ultimately reach the lower support line of the dominant rising wedge formation. In case the pair bypasses the above moving averages, the subsequent surge should be neutralized by the upper trend-line of a medium-term descending channel.
by UnknownUnicorn890690