AUDNZD trade ideas
Australian Dollar / New Zealand DollarHello dear trader friends,
I have prepared a video analyzing the Australian Dollar against the New Zealand Dollar. In this video, I have examined the major trend, which is bullish. However, in the daily structure, we only have two order blocks. The first order block (dissequential) proved ineffective and broke the trendline. Therefore, I am waiting to buy at the (extreme) order block.
To refine my analysis, I moved to the 4-hour timeframe to expand my ideas. In the 4-hour timeframe, my trend has turned bullish. Before the price reaches my sell order block, if the price hits the two buy order blocks, I will enter a buy position. If it reaches the sell order block sooner, I will consider entering a sell position and cancel the two buy orders, keeping the trade until the end.
Thank you, and I hope this information is helpful to you. If you have any questions, I would be happy to assist!
Thank you very much,
Fereydoon Bahrami
"A retail trader in the Wall Street trading center (Forex)."
AUDNZD getting ready for a reversal to the UPSIDE.AUDNZD extended its correction to 0.5 FIB levels. Based on 4H data it is currently boucing off this 1.08 range with precision.
Expect some significant price growth from the current range.
KEY NOTES:
Unusual Gap Jump on histogram -- hinting of significant net buying / accumulation.
0.5 FIB Level bounce -- buyer's demand area.
Weekly/Monthly price shift -- firm on goal: upside continuation.
Spotted at 1.080
TAYOR
Safeguard capital always.
Time to long NZD soon?Upper monthly Bolinger bands are touched and LTF shows some exhaustion in this run up of AUDNZD.
NZD is seasonally very strong in November. Possible short of AUDNZD soon? or will AUD rally up to break beyond?
Hedging against Trump's reelection may suggest that AUD will weaken in many pairs, and NZD is less sensitive to Trump's policies due to less economic ties with China.
Same play can possibly be made by shorting GBPNZD as market may be underpricing BOE's dovishness and GBP seems overvalued slightly, although it seems that GBPNZD may rally slightly further up for a few more days before reaching its major resistance.
What do you think?
#AUDNZD 1DAYFor the AUD/NZD pair on the 1-day chart, the price is approaching a descending trendline that has acted as a strong resistance in the past. This trendline has been tested several times, rejecting price advances each time, indicating that sellers are defending this level.
Given the price is nearing this resistance zone, and with no significant break above the trendline, a potential sell opportunity arises. A bearish price action pattern, such as a rejection candle or bearish engulfing, could confirm the sell signal. The forecast suggests targeting the next support levels, while keeping an eye on market fundamentals affecting AUD and NZD.
AUDNZD Sell Trade Idea We can sell AUDNZD from current position with SL and TP given, there is resistance above and based on the seasonality we will see downward trend from here.
Manage your risk according to account size!
AUDNZD SellThe price has bounce off from its resistance zone and it has started to make new LH and LL showing downwards trend. The trade idea is to take sell entry and break of previous LL.
I want see price close below Open gap then sell offI want see price close below Open gap then sell off
I will be looking to position myself with my students and followers as highlighted on the chart if we get the confirmation.
Accumulation / Manipulation / Distribution
- No liquidity raid = No trade
- Never buy high and never sell low
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
AUDNZDCurrently on AUDNZD on the weekly timeframe price has just taken out the previous week high and closed below it and this high was a CRH on the monthly timeframe, and this is a strong reversal sign because price is also above the true month open which is a major opportunity for sellers, because at the end of the month price is supposed to be below the true month open.
AUDNZD 10/20 ~ 10/25This pair resembles a trend shown recently on $AUDJPY. Closing out Wave 3 inside a channel then a sharp decline into wave 4.
AUDNZD. Set to rise for next week!
On the daily timeframe the moving averages are setup in alignment and this trade is with the trend as the daily 200ema sits just below price.
On the 4HR timeframe there was some bullish RSI divergence where the RSI made a higher high but the AUDCHF went lower. This should also cause a momentum shift upwards.
Trade idea - AUDNZD Long4H
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone.
= Buy limit.
1.5% risk.
Aiming to take full profit at Daily TP.
AUDNZD - Long after filling the imbalance !!Hello traders!
‼️ This is my perspective on AUDNZD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. My point of interest is price to fill that huge imbalance lower and then to reject from bullish OB + level 1.10000.
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AUDNZD Technical Analysis! BUY!
My dear followers,
I analysed this chart on AUDNZD and concluded the following:
The market is trading on 1.0998 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.1042
Safe Stop Loss - 1.0973
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
17-10 ProbelegPlaced 3 sell trades. We are ahead of the neutral score that this pair still has. Score 3. Cot Data 2, Retail sentiment 0, Seasonality -1, Trend reading 1, GDP -1, Manufacturing PMI
-1, Services PMI -1, Retail Sales 2, Inflation 1, Employment Change 0,
Unemployment Rate 1, Interest Rates
0.
AUDNZD SC1M
Space to move to the Big High
Retest on the M highs on lower TF
W
Retest on Highs+ space to move to the W High
(-) weekly inv H&S not made
But I accept the risk
D
BM
Perfect Impuls en correction
4H
Deceleration on M zone
Gave some more Sl so the trade can move
AUDNZD 3rd TryAfter 2 impulsive entries, this is my 3rd try. Price bounced back from order flow area. A nice bullish move + 2 rejection (clear from hourly chart) might give me a good risk:reward trade.
Economic Data
Australia:
Interest Rate: 4.35% (as of September 25, 2024)
Inflation: 3.6% (year-on-year, to June 2024)
Trade Balance: AUD$11.2 billion surplus (June 2024)
New Zealand:
Interest Rate: 4.75% (as of August 22, 2024)
Inflation: 6.0% (year-on-year, to June 2024)
Trade Balance: NZD$1.0 billion deficit (June 2024)
AUDNZD Potential SellAUDNZD Potential Sell play. Wait Zone Test. SL line yellow.
Good luck.
**Forex Analysis Disclaimer**
This analysis is intended for informational purposes only and should not be considered investment advice. I utilize technical analysis as the basis for decision-making and do not focus on fundamental analysis. Forex trading involves high risk and can result in losses. It is advisable to conduct your own research and consult with a financial advisor before making any trades. I am not responsible for any losses that may arise from the use of this information.
AUDNZD longReason
Price has retraced to a daily bullish fair value gap. 15 minute chart shows weak down movement followed by a double bottom. Price might go lower, if it does, I will look for a better opportunity to go long. However, if the larger timeframe becomes bearish, I won't look for an opportunity to go long anymore.
AUDNZD: Your Trading Plan to Buy 🇦🇺🇳🇿
AUDNZD is currently retesting a recently broken daily horizontal resistance.
For trend-following buying, pay attention to a bullish flag pattern
on a 4h time frame.
Your confirmation will be a violation - a candle close above its resistance.
After that, buy the pair, anticipating a growth at least to 1.108 level then.
❤️Please, support my work with like, thank you!❤️
Pullback from the weekly level and weekly rangeThis pair expanded to the weekly OB and rejected just right above the weekly range, its time for the pullback to fill the gaps around a 50% of the range.
Im about to get to the positon with my followers as highlighted on the chart.
Accumulation / Manipulation / Distribution
- No liquidity raid = No trade
- Never buy high and never sell low
Always apply good risk management it's what defines your destiny in trading.
Dave FX Hunter ⚔
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
