AUDNZD climbs to the 1.1050's following the RBNZAsian Session Update: AUDNZD hits the May 2023 highs following the RBNZ at 1.1050's which is key resistance as noted on the end of day update.
AUDNZD trade ideas
AUD_NZD SHORT FROM RESISTANCE|
✅AUD_NZD surged again to retest the resistance of 1.1030
But it is a strong key level
So I think that there is a high chance
That we will see a bearish pullback and a move down
SHORT🔥
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AUDNZD OUTLOOK: CONTINUATION The previous posts on AUDNZD shows the ideal entry (although in hindsight).
This is my expectation for price to continue lower.
AUDNZD - Entering in Bullish TrendAUDNZD had made a bullish divergence in 30m time frame. The chart is expected to enter into an upward trend. Hence a pending order of Buy Stop is placed just above the previous higher candle (as there is no noticeable LH.
The Signal is:
EP: 1.09886
SL: 1.09752
TP: 1.10020
RR: 0.5%
Lots: 0.61
AUDNZD Elliott WaveHello friends
In the AUDNZD currency pair, we see the formation of a 5-wave impulse pattern that has been completed.
Now, with the breaking of the trend line drawn at the bottom of wave 5 and the pullback to it, we expect the price to drop to the range of 1.0900.
This decrease can happen in the dominance of a zigzag or any corrective pattern.
Stop loss can also be considered in the range of 1.1015.
Be successful and profitable.
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Trading Signal: AUDNZD Sell OpportunityTraders, we have identified a potential sell opportunity for the AUDNZD currency pair based on our analysis. Here are the details of the trade:
Direction: Sell
Enter Price: 1.09796
Take Profit: 1.09670333
Stop Loss: 1.10011333
This recommendation is derived using the EASY Quantum Ai strategy, which uses advanced algorithms and market analysis to predict currency movements. Several factors support this selling opportunity:
1. Technical Analysis: Recent chart patterns indicate a bearish trend, with the 50-day moving average crossing below the 200-day moving average. Additionally, the Relative Strength Index (RSI) is showing signs of overbought conditions, suggesting potential downward movement.
2. Macroeconomic Indicators: Current economic data from Australia indicates weaker-than-expected GDP growth and rising unemployment rates, which could negatively affect the Australian dollar. Meanwhile, New Zealand's economy is showing signs of moderate growth, providing a relative strength to the NZD.
3. Market Sentiment: Recent market sentiment analysis reveals a stronger bearish outlook among traders towards AUD, driven by geopolitical instability and recent central bank policy announcements.
Monitor market conditions closely and adjust your trade parameters as necessary. Trade wisely and always manage your risk.
Happy trading!
Note: Trading foreign currencies can be risky, and it is essential to perform your own research and analysis before making any financial decisions.
AUDNZD -200 Pips Down !!!Dear Traders,
AUDNZD now in Daily Triangle , and almost reached top of Line ,
For the Next week :
i expect price will start Downward movement at least 150-200 Pips !
Dont Forget like&Comment please !
Regards,
Alireza!!
AUDNZDRSI indicates Bearish Divergence. Which means that at any time the market trend can change to LL and LH.
AUDNZD PRINTING BEARISH DIVERGENCEAUDNZD is printing bearish divergence if it break last higher low then it start printing lower high and lower low it mean trend reversal
AUDNZD - In Bearish TrendThis pair has showed divergence on 1H, 30m and 15m time frames. I selected 15m time frame for analysis. The trend was in bullish trend before the divergence and then entered into a bearish pattern. Also when in bearish pattern it entered into a descending triangle which is continuous pattern, endorsing the downward trend after divergence. I entered into the trade by placing an instant sell order (Market Execution).
The Signal is:
EP: 1.09645
SL: 1.09738
TP: 1.09628
RR: 0.25%
Lots: 0.44
AUDNZDRSI indicates Bearish Divergence. Which means that at any time the market trend can change to LL and LH.
AUDNZD: Waiting for the price to start the bullish moveAUDNZD: Waiting for the price to start the bullish move
In mid-June, the price started a bullish wave which increased by nearly 130 points in a period of 5 days.
So far the price is in correction thus increasing the chances that we may see the AUDNZD rise more from a technical perspective.
So far the price is still accumulating and moving between 1.0850 and 1.0890. Waiting for the price to start the bullish move.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Simple 1:2 Short Sell SetupTaking a look at the daily timeframe, this pair seems to be losing bullish momentum. Oscillators are also confirming.
With that said, I plotted out a 1:2 Risk to Reward Setup with Stop Loss above the most recent high back in last May.
That's it - That's all
Trade Safe
AUDNZD Being taken for a bull runIf the AUDUSD respects the orderblock we might be in for some nice buys.
Trade Signal: AUDNZD Movement AnalysisDirection: Sell
Enter Price: 1.0858
Take Profit: 1.08391
Stop Loss: 1.08814
Our latest analysis indicates a selling opportunity for the AUDNZD currency pair. This forecast has been generated using the EASY Quantum Ai strategy. Below are the key factors supporting this decision:
1. Technical Analysis: Recent technical indicators suggest bearish momentum for AUDNZD. Key support and resistance levels have been tested, showing potential downward movement.
2. Market Sentiment: Current market sentiment favors NZD over AUD due to recent economic data and central bank decisions, leading to expected depreciation in AUDNZD.
3. Trend Analysis: The pair has been trending downward, further reinforcing the sell signal as identified by the EASY Quantum Ai strategy.
Action: Consider entering a sell position at 1.0858. Set your take profit at 1.08391 to capitalize on anticipated downward movement. Implement a stop loss at 1.08814 to mitigate potential risks.
Always perform your own analysis and consider your risk tolerance before entering any position. Happy trading!
AUDNZD - Shortlook for sell on this pair, structurally its ready to fall anytime. wait for the sell setup and enter... 200+ pip drops coming. always use sl and risk small.
NZDAUD, waiting for rejection or bos to go shortThe trend looks bearish. It may either reject the trend line and move up to the FVG, or break the line, then retest the BOS and come down. There has been a good rejection at the Fibonacci between 61-38% levels. I am looking for short positions.
AUDNZD in bullish AUDNZD in bullish trend making a rising wedge RSI diversions can be seen. Trade strategy short trade with a sell stop
Bearish reversal?AUD/NZD is rising towards a resistance level which is an overlap resistance that lines up with the 88% Fibonacci retracement and could potentially reverse from this level to our take profit.
Entry: 1.09907
Why we like it:
There is an overlap resistance level which aligns with the 88% Fibonacci retracement.
Stop loss: 1.10273
Why we like it:
There is a pullback resistance.
Take profit: 1.09378
Why we like it:
There is an overlap support level.
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AUD/NZD technical analysis for July 1st 2024
The AUD/NZD pair has broken through the 1.0865-1.0885 resistance zone, turning it into support. We will wait for a retest of this new support for a potential buy setup. Our target is 1.1020, with a stop loss at 1.0825 to manage risk effectively.
AUDNZD correction?AUDNZD appears to have completed a 5-wave cycle, indicating a potential upcoming correction. Here's my outlook:
The RSI is showing divergence with the price, signaling that bullish momentum may be waning. Keep an eye out for a possible trend reversal.
