Audnzdlong
AUDNZD BUY ICT 20 PIP SCALPSince the Yen will be dropping some suspect news tonight, I'm moving my usual ICT 20 Pip Scalp (21 with the spread) from my AUDJPY pair to the AUDNZD. It already bounced from my 1 hour Breaker Block/4 hour FVG point of interest. If price doesn't clear the buy side liquidity resting above, I believe I'll have a scalp this Asian Session.
AUD/NZD to benefit from yield differentials? A strong 2-day rally this week suggests AUD/NZD has printed its swing low at 1.07266. Whilst NZ inflation data was stronger than expected in Q2 and saw AUD/ZD pull back to 1.0800, we suspect it is still lower from the prior reads to allow the RBNZ to hold rates steady with an economy already in a recession.
We therefore see today's retracement lower to 1.080 as a potential gift for bulls, and for a move to 1.0900 or even 1.1000 over the coming weeks. The RBA may still have to hike once or more and that could see expectations of a lower RBNZ-RBA cash rate and support AUD/NZD.
A break beneath this week's low invalidates the bullish bias.
7 Dimension Analysis For AUDNZD 😇7 Dimension Analysis - Daily Time Frame: Spotting Bullish Opportunities for AUD/NZD
1: Price Structure:
Bullish trend with an initial choch (Correction of Higher Chance) phase. The move is impulsive, and the inducement is completed. Liquidity has been internally swept. First pullback count observed with extreme order flow area tapped. Time frame confluence at supply/demand levels on both weekly and daily charts.
2: Patterns:
🟢TREND LINES:
Broken on the bullish side, indicating a potential continuation of the uptrend.
🟢CHART PATTERNS:
Double top formed at the high of the previous swing high.
Daily rectangle pattern present, suggesting a safe side target around the previous high area.
Fake out visible at the bottom of the trend.
CIP (Change in Polarity) pattern evident with previous order flow support.
🟢CANDLE PATTERNS:
Multiple momentum candles observed in the previous 5 days.
Momentum breakout confirms with a big momentum candle.
Kicker pattern appears at the bottom of the current move, indicating a reversal.
Pro gap in the kicker formation.
3: Volume:
Significant volume session at the correction's low indicates substantial profit booking and a potential reversal.
4: Momentum UNCONVENTIONAL Rsi:
🟢 Bullish in Zone 1.
🟢 Range shift holding above 40, showing strong bullish momentum in the pair.
5: Volatility measure Bollinger bands:
🟢 Middle band support/resistance confirmed as the last insider bullback was supported by the middle band.
🟢 Squeeze breakout suggests high volatility, with a highly volatile move expected outside the upper band.
🟢 Walking on the band expected, as the last candle closed outside of the upper band.
🟢 Dual band derivation 1 supported.
6: Strength ADX:
Bulls are currently in power.
7: Sentiment ROC:
The rate of change indicates that AUD is stronger than NZD.
✔️ Entry Time Frame: H1
✅ Entry TF Structure: Bullish
☑️ Entry Move: Bullish
✔ Support Resistance Base: 1.0875 area is a strong level for a buy entry.
➕ FIB:
↕️ Trend line breakout has occurred.
☑️ Final Comments: Buy at the mentioned level of 1.0875. Additionally, observe the first hour candle's open. If it makes an open low, consider buying. A gap-up open can also lead to a buy entry.
💡 Decision: Buy
🚀 Entry: 1.0875
✋ Stop Loss: 1.0786
🎯 Take Profit: 1.1076
😊 Risk to Reward Ratio: 1:3
🕛 Expected Duration: 7 days.
AUDNZD - Could see bearish rejection ✅Hello traders!
‼️ This is my perspective on AUDNZD.
Technical analysis: After the change of character here I see price to form lower lows and lower highs, so I am looking for shorts. Here we could see a rejection from bearish order block + institutional big figure 1.09000 in the upcoming days, if this happens, I will open a short position.
Fundamental analysis: Upcoming week on Wednesday will be released quarterly and yearly CPI on AUD. It was forecasted to decrease, which means currency weakening. If this happens, it will support our analysis.
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AUDNZD top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDNZD Long Term Trading IdeaHello Traders
In This Chart AUDNZD HOURLY Forex Forecast By FOREX PLANET
today AURNZD analysis 👆
🟢This Chart includes_ (AUDNZD market update)
🟢What is The Next Opportunity on EURUAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
AUDNZD IS IN TRIANGEL PATTERNbased on Daily timeframe, AUDNZD is in triangle pattern.
and if you see with EMA than you see, at present time AUDNZD trade near it's 50 EMA.
and on RSI, it's defend our 40 level on RSI.
so with price action, EMA & RSI, we can see AUDNZD can touch upr line of this pattern.
AUDNZD Long AUDNZD Long on an SBO
-Daily made new HH's followed by a HL breaking out of the descending trend line
-Broke the Daily 50ema and now testing it as support (also testing the Weekly and Monthly 50ema)
-Testing out .50 Fib levels
- MACD looks to be heading to the upside
- On the higher time frames you can see the weekly and monthly we broke out of a much larger descending wedge pattern overall making new high's and a new Lower Low which is an indication of a trend munch and possibly a much larger scale trend change overall
- ENTRY: wanted some deceleration on the daily candle and we did get that with an inside day bar, waited for a break of the 1h5 50ema which we got, stop loss is put at the daily low's
- Target: will start with the daily high's and take around 50% profit if hit, will hold the rest for a longer term trade possibly to the 0.618-1.00 trend-based Fib,
- I will also look to add more on this trade if we get an IBO or CBO
AUDNZD Buy Opportunity-Price has been in an overall bullish trend
-Price then met resistance at a weekly resistance/supply level.
-Price met resistance and formed a double top candlestick reversal pattern, hinting that price was ready to make a reversal.
-I am looking to go long once price either close as a reversal candlestick and/or form a candlestick reversal pattern on a lower time frame.
- I am anticipating price to make another attempt a bearish push, before continue in the initial bullish trend.
AUDNZD Sitting At Support Area On D1Currently, AUDNZD is trading at its support area of 1.0920. Based on my limited knowledge, if the daily candle closes below this level, you can consider taking a sell trade on its retest. The next support level for AUDNZD is around 1.0775, which it should aim for. On the other hand, if the daily candle closes above 1.0920, you can consider taking a buy trade, aiming for the resistance level at 1.1050 for AUDNZD.
Disclaimer: The information provided is for general informational purposes only and should not be considered as professional advice. Use at your own risk.
AUD/NZD potential swing trade long above the April lowAUD/NZD has fallen 3% since the April high, although it looks set to build a base above the April low. A Rikshaw Man Doji formed on the daily chart above this key support level and a bullish RSI is forming on the RSI (2) to hint at a near-term inflection point.
What may help it rally from here is Bloomberg's report that the RBA considered three rate paths ahead of their February meeting, two of which saw rates climbing to 4.8%, and the other at 3.35%. Given rates are now 3.8%, it leaves room for more hikes and for the RBA OCR to close the gap with RBNZ's.
The bias remains bullish above the April low and for a counter-trend rally towards the 1.7034 high.
AUDNZD: Bullish Breakout Potential, Consider Buying at 1.0916The AUDNZD currency pair is displaying a potential bullish breakout opportunity, indicating a favorable buying scenario for traders. Currently trading at 1.0916, the pair has shown strength by breaking above the resistance level at 1.0868, suggesting further upward momentum.
Several technical factors support this bullish outlook. The pair has recently formed a bullish reversal pattern, indicating a shift in market sentiment towards the upside. Additionally, the 50-day moving average has crossed above the 200-day moving average, further reinforcing the bullish bias.
Traders may consider entering a long position if the price remains above the breakout level at 1.0916. A potential profit target could be set near the next resistance level at 1.1000, with a stop-loss order placed below the breakout level at 1.0868 to manage risk.
It is crucial to conduct thorough analysis and closely monitor market conditions before executing any trades. This idea should be considered as a suggestion and not as financial advice.
AUDNZD - Short active ✅Hello traders!
‼️ This is my perspective on AUDNZD.
Technical analysis: Here I expect bearish price action as we can see that price filled the imbalance and rejected from bearish order block + institutional big figure 1.10000. My target is the imbalance lower.
Fundamental analysis: Upcoming week on Thursday we have news on AUD, will be released Unemployment Rate & on NZD will be released quarterly GDP. Pay attention to the results in order to validate the analysis.
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AUDNZD Long Term Selling IdeaHello Traders
In This Chart AUDNZD DAILY Forex Forecast By FOREX PLANET
today AUDNZD analysis 👆
🟢This Chart includes_ (AUDNZD market update)
🟢What is The Next Opportunity on AUDNZD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts.
AUDNZD showing strong upside with a breach in the W target 1.140AUDNZD W Formation has formed over the last month.
The price has broken above the Neckline, showing strong upside to come.
We have other indicators confirming this.
7>21 - Bullish
RSI>50
Target 1.14000
SMC - Sell Side LIquidity
Smart Money buys into positions (and sweeps liquidity) from traders who are long (get stopped) and for short traders who enter into their trades.
Looking good! I'll let you know as this trade plays out and what adjustments I will make along the way.
AUDNZD - Short active ✅Hello traders!
‼️ This is my perspective on AUDNZD.
Technical analysis: Here I expect bearish price action as we can see that price filled the imbalance and rejected from institutional big figure 1.09000. My target is that huge imbalance lower that has to be filled.
Fundamental analysis: Upcoming week we have news on AUD on Tuesday and Wednesday. Will be released Cash Rate and quarterly GDP. Pay attention to the results in order to validate the analysis.
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