AUDNZD on the riseAUDNZD is rising on hourly time frame, price is currently in correction mode good opportunity to buy at current level with risk to reward is 1:2 .
AUDNZD trade ideas
AUDNZD - SHORTThere isn't so much here other than price hitting 61.8% Fib level from 1.14905 monthly high of 1.11004. A strong level to sell with a small risk to high potential reward.
AUDNZD Trading Signal: SellDirection: Sell
Enter Price: 1.09817
Take Profit: 1.09611667
Stop Loss: 1.09970667
This forecast is made using the strategy EASY Quantum Ai, which analyzes multiple market factors to provide valuable insights into the potential direction of the currency pair.
Analytical Factors:
- Technical Indicators: Recent technical analysis suggests a downward trend in the AUDNZD pair, indicated by moving average crossovers and RSI levels entering the overbought zone. There appears to be strong resistance around the 1.09970 level, which could limit upward movement and increase the likelihood of a downward correction.
- Fundamental Analysis: Macroeconomic indicators support the bearish outlook. Recent economic data from New Zealand has shown relative strength in GDP growth and employment rates, whereas Australian figures have been less promising. This divergence in economic performance often leads to a stronger NZD relative to the AUD.
- Market Sentiment: Trader sentiment, as gauged through various platforms and trading volumes, predominantly leans towards selling AUDNZD. This consensus further aligns with the downside potential projected by our strategy.
Based on these analyses, entering a sell position at 1.09817 is advised, with a take profit target of 1.09611667 to capitalize on the anticipated downward movement. The stop loss is set at 1.09970667 to manage risk and protect against unexpected market reversals.
Trade responsibly and always consider multiple factors before making trading decisions.
BULLISH AUDNZDSorry Tradingview Family I forgot to post this idea sooner but on my analysis Sunday EST before the market opening I saw a bullish engulfing candle on the one-hour which turned out to be a part of a double top formation that eventually gravitated to the downside for a retest of the double bottom neckline which resulted in a quick trip to the moon currently running in profit
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YAH BLESS YOU ALL AMEN
AUDNZD Two levels to sell for the long-term.The AUDNZD pair gave us a strong sell-and-buy double signal last time (June 03, see chart below):
However it did manage to invalidate the Symmetrical Resistance Zone sell bias and even broke yesterday above Resistance 2 (1.108600), which has been holding since February 20 2023.
In order to make sense of this move, it is best to view it on the wider 1W time-frame. As long as the 1W candle is closing below Resistance 2, then the action remains a sell, targeting 1.08000 (0.236 Fibonacci level).
If the 1W candle closes above Resistance 2, we will take the loss immediately and sell at the top of the Channel Up with the same Target (1.08000).
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AUDNZD SHORT Price is retesting a previous area of resistance on weekly.
Price started to consolidate, it will drop soon
AUNZD I Impulse correction phase Welcome back! Let me know your thoughts in the comments!
** AUDNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
AUDNZD has reached key resistance Intraday Update: The AUDNZD continued to stretch gains in Asian trade but has come within striking distance of the 61.8% retracement of the 2022 range and also the 127% extension of the May to June 2024 drop. The 1.1107-1.1115 should offer significant confluence resistance.
AUDNZD - End of wave. Going down.AUDNZD has likely completed an ABC.
Looking for price to make a full retrace to at least Wave B (1.0850), with extended targets at 1.0826 and 1.0782.
Trade Signal: AUDNZD Movement AnalysisAttention Traders!
We have identified a potential SELL opportunity for the AUDNZD pair, based on our sophisticated EASY Quantum AI strategy. Below are the specific details:
Direction: Sell
Enter Price: 1.10045
Take Profit: 1.09865333
Stop Loss: 1.10201333
Our signal is derived from a comprehensive analysis integrated within our EASY Quantum AI framework, which combines multiple market indicators to deduce the most probable price movement. Here are the key factors prompting a bearish outlook for AUDNZD:
1. Technical Indicators: Our AI has detected strong bearish patterns in the moving averages and the RSI (Relative Strength Index), indicating overbought conditions that suggest an impending downward correction.
2. Market Sentiment: The sentiment analysis shows a shift towards negative outlooks due to recent economic reports favoring the NZD over the AUD.
3. Volume Analysis: We have observed a reduction in buy order volumes and an increase in sell pressures, signifying a potential trend reversal.
Make sure to set your entry, take profit, and stop loss levels as specified. Trade wisely and always consider the risks involved!
Happy Trading!
RANGING MARKETAUDNZD is on our RESISTSNCE ZONE and we can see that this pairs has been a ranging and is on a RESISTANCE zone now, let see what patterns are gonna form. REMEMBER when market is on a SUPPORT OR RESISTANCE THERE ARE TWO THINGS THAT MIGHT HAPPEN ,REVERSE OR BREAK, SO YOUR JOB AS TRADER IS TO WAIT FOR ONE OF THE TWO, THEN BUY OR SELL AFTER CONFIRM.
NB:NO REVERSALS NO ENTRY.
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.
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
