AUDNZD PRice at Trend line SupportAUDNZD price at trend line support now it should hold this zone for next move
Audnzdshort
AUDNZD - Bearish BiasAUD - BEARISH
1️⃣ Worries that surging COVID-19 infections in India and Japan could derail the global economic recovery weighed on investors' sentiment.
2️⃣ The annual inflation rate in Australia rose to 1.1% in Q1 2021 from 0.9% in Q4 and compared with market consensus of 1.4%. On a quarterly basis, consumer prices went up 0.6%, the least in three quarters, below forecasts of 0.9%.
NZD - BULLISH
1️⃣ Traders are also keenly watching soaring commodity prices as a jumpstart in global manufacturing fuels a surge in demand as Copper and Lumber prices hit all time highs, while Iron Ore hit a fresh 13-year peak.
2️⃣ Benefitted by cross-pairing, lead by declined Australian CPI.
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Technical
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- We are looking to sell AUDNZD at RBS on the M15 chart. This is short term trading strategy from Monsun Asia.
- Risk reward ratio is 2:1.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
AUDNZD short on 2h - Daily breakout or fakeout of trendline?AUDNZD short trade on the 2h with a breakout setup.
This one is a quite late one as the trigger bar closed during the night.
Entry was executed based on the 30m pullback back into the 2h breakout level, using stop placement as it would have been used on the 2h.
Target 2:1.
The future will tell us if the daily trendline break is just a fakeout. But that's part of the game, we cannot win them all.
AUDNZD Sell Signal
AUDNZD SELL SIGNAL (1: 4 R/R)
💲Entry - 1.07680
❌SL -1.07985 (30 pips)
💰TP - 1.06456 (122 pips)
🚫Risk only 1% of your account🚫
AUDNZD Price Action Analysis | ProTradersNetworkAUDNZD is in an downtrend, recently break below the support and now coming back to retest it.
We have a Fibb 0.65 % confluence at the zone.
We can look for sells on the retest of the zone.
AUD/ND New Short Setup To Catch 160 Pips !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Week setupp for AUDNZDI was expecting a bounc from AUDNZD but it seems like it contiunies making lower high and lower lows, and just broked a high Support line. Which can happens it contuines go down to the next support line.
AUDNZD (SHORT) it has failed to make a higher high on daily The pair has failed to make a higher highs on the daily. In the 4 hr it closed bearish breaking all the lows from the past 3 days. Giving us signs of a trend reversal. 20 pips on top of previous support (now resistance).
AUDNZD - SWING - 31. MAR. 2021Welcome to our weekly trade setup ( AUDNZD )!
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1 HOUR
Strong bearish reaction.
4 HOUR
Bullish market structure turning right now..
DAILY
Expecting more downside pressure and price action.
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FOREX SWING
SELL AUDNZD
ENTRY LEVEL @ 1.08800
SL @ 1.09300
TP @ 1.07990
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
AUDNZD Short for 1.0796daily key reversal bar indicates weakness ahead, short with two orders by dividing half risk on both as 1.0892 & 1.0945, target 1.0796
AUDNZD analysis for this weekprice will go down to the golden zone which is 0.618 then starts to bullish up to the resistance
Descending movement on AUD/NZDDescending movement within the ascending wedge is so possible. RSI movement can confirm it that price movement is going to be descended.
AUDNZD looking bearish
The Aussie dollar registered a triple top from the daily candle domain, opening the Asian market under bears dominance after the RBA reported high unemployment levels and the economy operating below its capacity.
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RBA Royal Bank of Australia response Bearish - positive for RBNZRoyal Bank of New Zealand (Bullish)
The RBNZ, which predicts prices will rise 22% in the year through June,
is reinstating mortgage lending restrictions.
Royal Bank of Australia (Bearish)
- Australia's interest rates will stay low until 'at least 2024', RBA says
- Philip Lowe used a speech to a summit convened by the Australian Financial Review on Wednesday
to signal that the official cash rate will remain at
historic lows until “at least 2024” because there is
no prospect of wages growth hitting more than 3% before that time.
Royal Bank of Australia (RBA) is struggling to raise
interest rates and not seeing wage gains until 2024 for most employers.
No reason AUD/NZD should be so high correction to 1.03
