AUDNZD: Confirmed Bullish Continuation?! 🇦🇺🇳🇿 AUDNZD formed a nice inverted head and shoulders pattern on a daily. A bullish breakout of its neckline is a strong bullish reversal signal. We can expect more growth and test of 1.1143 level soon. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader229
Bearish reversal?AUD/NZD is rising towards the pivot which is a pullback resistance and could dropto the 1st support. Pivot: 1.10894 1st Support: 1.10338 1st Resistance: 1.11515 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. Shortby ICmarkets7
AUDNZD buy scenario , 90 pipsThe price recently tested the key support level at 1.0995. Despite the recent weakness in the Aussie, I anticipate a resurgence of buyer activity at this level, potentially resuming the upward trend.Longby Eleazarahmath3
AUDNZD strong bullish expectations AUDNZD pair which I am watching last 5 months, other my analysis on AUDNZD are attached, plus I am attach and CADCHF analysis its interesting to look, its almost same based on SYMMETRICAL TRIANGL. AUDNZD price is make bounce on trend line, its break upper trend line-SYMMETRICAL TRIANGL, plus CHANNEL on 4h TF is visible and its also breaked. Technicalls on medium and long term are strong bullish, when take all this parameters i am here still bullish. SUP zone: 1.09200 RES zone: 1.11500, 1.12400Longby DepaTradingUpdated 0
AUDNZD bullish rise to 1.10871Currentlywe are at a very strong support area at 1.1000 which has acted as resistance and support for AUDNZD in the past. Also noticed strong reaction off the level so we expect other buyers to come in and validate this idea. Break even on trade once we close above 1.10175Longby marketsnxper116
Scenario on AUDNZD 12.12.24On this market, the SFP point has formed beautifully and we can now think about the direction as an actuation, these 3 scenarios come to mind, but for now this chart is in the decision-making phase, the closest long tp is 1.110000 where is the first main target.Longby Sony97Updated 3
Potential bullish rise?AUD/NZD has reacted off the pivot which is an overlap support and could rise to the 1st resistance which acts as a pullback resistance. Pivot: 1.09963 1st Support: 1.09630 1st Resistance: 1.10894 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarkets4
AUDNZD H12 Tuesday December 17, 2024This analysis is based on candle patterns combined with signals from a custom indicator to identify potential trade opportunities.Longby Takin0
Is AUD/NZD Ready to Resume the Downtrend on the Daily Chart?Context on AUD/NZD Technical Factors On July 30 and November 22, the AUD/NZD pair encountered significant resistance, reaching the 1.1150 level. The price's failure to break above this resistance has resulted in the formation of a double top on the daily chart. The candle on November 22 also indicated a false breakout of this resistance, signalling a notable influx of selling pressure. On November 29, AUD/NZD broke below its nearest uptrend line on the daily chart, prompting a decline to 1.0925 before recently rebounding to 1.1050, the level where the uptrend line was breached. The current price level of 1.1050 aligns with the 50% Fibonacci retracement of the recent decline and represents the same area where the uptrend line breakout occurred. This suggests that once support is broken, it may serve as resistance going forward. Key Elements of Analysis for AUD/NZD: Double Top Formation: Indicates buyers’ inability to maintain prices above 1.1150. Break of the Uptrend Line: Confirmed decrease in upward momentum. Fibonacci Confluence: The breakout level coincides with the 50% Fibonacci level of the recent downtrend. Possible Short Entry Given this confluence of factors, there is a possibility that AUD/NZD may resume its downward movement in the coming days, especially if the price manages to close below 1.1000 on the daily chart. Possible Targets: The next support levels that could serve as potential targets include: 1.0880: This level acted as support in August and September, representing an approximate target of 120 pips. It is also in line with a rising trend line established since March 2020. 1.0780: This level was a support point on September 9, offering a potential target of approximately 220 pips. Alternative Scenario: Bullish Reversal An alternative scenario may unfold if the AUD/NZD breaks and closes above 1.1065 on the daily chart. In this case, the price could continue to rise towards historical resistance at 1.1150. A successful breach of this level could see the pair advance towards the next resistance at 1.1250. Important Considerations Investors should pay close attention to the upcoming release of New Zealand GDP data on December 18, as this could significantly impact the AUD/NZD pair. Additionally, key news concerning the Trade Balance for NZD should also be taken into account. In summary, AUD/NZD is at a critical juncture, with technical indicators suggesting the potential for a downward move. Traders should closely monitor price action, particularly around the 1.1000 level, while remaining aware of upcoming economic data that could influence the market. Disclaimer 74% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and if you can afford the high risk of losing your money. Past performance is not indicative of future results. Investment values may fluctuate, and you may not recover your initial investment. This content is not intended for residents of the UK.Shortby Marketscom8
AUDNZD Expected Growth! BUY! My dear subscribers, AUDNZD looks like it will make a good move, and here are the details: The market is trading on 1.1016 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.1029 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK Longby AnabelSignals113
Buying audnzdThe pair approaching daily demand zone and forming a 3drive we will buy at the third touch wich is in confluence with our demandLongby hashimsani011
Could the price reverse from here?AUD/NZD is rising towards the pivot and could drop to the 1st support which has been identified as a pullback support. Pivot: 1.10909 1st Support: 1.09905 1st Resistance: 1.11517 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. Shortby ICmarkets4
NZ and Australia entering recession? New Zealand's economy contracted by 0.2% quarter-on-quarter in the three months to June 2024, setting the stage for a technical recession as Q3 GDP is expected to decline further by another 0.2%. New Zealand has recorded the steepest per capita GDP decline among Anglosphere nations over the past year. Across the Tasman, Australia is also teetering on the edge of recession. High interest rates are straining household budgets. The Reserve Bank of Australia (RBA) last week left rates unchanged at 4.35% for the ninth consecutive meeting. After which, the AUD/NZD cross attracted fresh buyers, crossing the 1.1000 psychological mark. So far, the 50% retracement (Nov high- Dec Low) has kept the pair’s upwards momentum in check. While a rate cut by February seems increasingly likely, the RBA faces the challenge of navigating strong labor markets and demand, both propped up by record government spending, now accounting for 27.5% of the nation’s total economic output. by BlackBull_Markets2
H4 CLS within Weekly CLS. Looking for the shorts.H4 CLS within Weekly CLS. Looking for shorts. you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion. HTF view What is CLS? This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets. CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing. Good luck and I hope this educational post helps to become better trader “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔Shortby David_Perk2
AUDNZD PRINTING BULLISH FLAGAUDNZD is printing bullish flag most likly it will move up after side ways Longby rizwanahmed06031
AUDNZDAccording to the created harmonic pattern, I am looking for suitable buying positionsLongby Mohsen_soumari1
AUDNZD Will Go Lower From Resistance! Sell! Take a look at our analysis for AUDNZD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.104. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 1.098 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProvider224
13.12.24 Morning ForecastPairs on Watch - FX:GBPAUD FX:AUDNZD A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy! 11:01by JordanWillson445
AUDNZD Potential UpsidesHey Traders, in today's trading session we are monitoring AUDNZD for a buying opportunity around 1.10200 zone, AUDNZD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.10200 support and resistance area. Trade safe, Joe.Longby JoeChampion2
AUDNZD: Short Signal with Entry/SL/TP AUDNZD - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell AUDNZD Entry - 1.1034 Stop - 1.1063 Take - 1.0982 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals114
AUDNZD bulls reversalPrice is currently testing a support level , this is a risky call but I expect the bulls to return from thereLongby EleazarahmathUpdated 7
Bearish reversal?AUD/NZD is rising towards the pivot and could reverse to the 1st support which is a pullback support. Pivot: 1.10436 1st Support: 1.09622 1st Resistance: 1.10881 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets6