AUDNZD - Breakout from Symmetrical Triangle plus NZD Rate CutAUDNZD had a powerful volume driven breakout from triangle pattern amidst rate cut of central bank of New Zealand. Bullish continuation should be expected as we are well into positive territory on MACD indicator.Longby marazzaq620
BUYING AUDNZDAUDNZD is coming out of a retracement that happened below the 200 SMA on the 4h. We are currently breaking above the 200 again and volume is increasing, suggesting an imminent breakout to go higher. Key levels: TP1: 1.1090 TP2: 1.11582 SL: 1.0950Longby UnknownUnicorn819928771
Wedge We see a strong bullish move then consolidation, Wich is a penant pattern which means market is still going to continue with its trend which is a uptrend Longby kenneth_FX0
AUD/NZD Long Trade SetupHello Everyone 🙋🏽♂️ Triangle Breakout Retest Patter 💲 Entry Point : 1.09854 ✔️ Tp 1.11097 🔴 SL 1.09244 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the marketLongby EMA_Trading111
AUD/NZD Long Trade Setup.Hello Everyone 🙋🏽♂️ Triangle Patter + RSI Oversold 💲 Entry Point : 1.09120 ✔️ Tp 1.09730 🔴 SL 1.08815 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the marketLongby EMA_TradingUpdated 0
AUDNZD POTENTIAL SHORT OPPORTUNITYHello Everyone! How are you all? AudNzd is a pair to watch this week, because it is shaping up very nicely for a bearish trend continuation that we can capitalize on. So, I will be looking for a bearish continuation because of the following reasons: 1. The overall trend is bearish. 2. The price has made a sell impulse and forming a sell continuation. 3. The price is approaching the value area structurally. Game Plan: If the price comes to the VA, and rejects at that level or sweeps the High, and makes a bearish impulse followed by a 15mins flag with two highs and lows. Entry : will look for a risk buy entry within the flag or a reduced risk entry on the breakout of the flag. Shortby DTreasureMarketHubUpdated 668
AUDNZDThe resistance area and 0.618 Fibonacci combine to cause the price to decline. I opened a sell trade at 1.10300.Shortby Trading-House448
AUD/NZD possibility of hourly trend reversalOANDA:AUDNZD approached a 4-hour channel's resistance + HTF 0.618 fib and it's respecting it quite a bit. I will be looking forward to entering a short at the FVG after a viable confirmation, possibly reaching the middle of the channel if not the bottom. What do you think? Shortby ZheerAli4
Potential Upside for AUDNZDIf the NZDUSD continues to weaken (due to RBNZ surprise rate cut) and the AUDUSD holds/strengthens... Look for the AUDNZD to break above the 61.8% fib retracement level for further upside to the swing level at 1.1145Longby JinDao_Tai224
AUDNZD Trade Plans, NZD Recession Fears Creeping In..After a drop in rates and forecasts of recession into next year, we have seen NZD weakness. This is flowing through the range bound/close correlation AUDNZD pair. Levels exist higher, and lower. Not ideal for shorts yet as sentiment is still well within force and providing momentum.by WillSebastian2
AUD/NZD Eyes Bullish Rebound Current Market Sentiment: Potential Bullish Reversal 1. Exhaustion of Bearish Momentum at 1.08500 Level: The AUD/NZD currency pair appears to have exhausted its bearish momentum around the 1.08500 level. This level has acted as a significant support zone, where sellers have struggled to push the price lower, indicating a potential weakening of the bearish trend. 2. Expected Consolidation and Bullish Approach (1-Hour Chart): On the 1-hour chart, the trend is showing signs of consolidation, which is often a precursor to a trend reversal. The market seems poised for a bullish approach, as the consolidation phase may allow for the accumulation of buying pressure. Traders should watch for confirmation signals, such as bullish candlestick patterns or a break above key resistance levels, to confirm this potential shift in momentum. 3. Bounce Back Potential from 4-Hour Regression Channel: The price has touched and tested the lower line of the 4-hour regression channel. This channel has historically provided reliable support levels during downtrends. The fact that the price has respected this lower boundary suggests a high probability of a bounce back, aligning with the broader expectation of a bullish reversal. 4. Targeted Bullish Range: 1.09300-1.09400: Should the bullish trend materialize as expected, the targeted range for this upward move is around 1.09300 to 1.09400. This range represents a key resistance zone where traders should consider taking profits or adjusting stop-loss levels. It is essential to monitor how the price reacts as it approaches this zone, as it may either continue its bullish momentum or encounter significant resistance. Disclaimer: Educational Purpose Only: This analysis is provided for educational purposes and should not be construed as financial advice. Market conditions can change rapidly, and it is important to apply proper risk management techniques and stay updated with ongoing price action to adjust your trading strategy accordingly. Longby ClearTradingMindUpdated 337
AUDNZD Long Opportunity: Riding the Upswing AUDNZD Long Opportunity: Riding the Upswing **Summary:** The AUDNZD pair is showing signs of bullish momentum, presenting a compelling long opportunity. With key technical indicators aligning and favorable economic conditions, this could be a lucrative trade setup. **Analysis:** **1. Technical Overview:** AUDNZD has recently bounced off a strong support level around 1.08680, indicating the presence of buyers in this zone. The pair has been trading in a broad range between 1.07 (support) and 1.10 (resistance) for the past few months. The recent price action suggests a potential breakout to the upside, as the pair is forming a bullish reversal pattern, possibly a double bottom, around the support level. **2. Indicators:** Using Vinnie's Trading Cheat Code, we have identified a clear Buy signal. The MACD has just crossed above the signal line, indicating increasing bullish momentum. RSI is also rising from oversold territory, currently around 50, and heading towards the 60 level, which often signifies strong upward movement. The Moving Averages are beginning to converge, which could signal a breakout from the current range. **3. Fundamental Factors:** On the fundamental side, recent economic data from Australia has been positive, with better-than-expected GDP growth and a stable labor market. Conversely, New Zealand's economy shows signs of cooling, with recent inflation data coming in lower than expected. This divergence in economic performance could provide the catalyst needed for the AUDNZD to move higher. **4. Trade Plan:** I am looking to enter a long position around the current price level of 1.08600, with a stop loss set below the recent support at 1.0700. My target is the upper resistance level at 1.11442, which provides a favorable risk/reward ratio of approximately 1:3. **5. Risk Management:** As always, it's essential to manage risk appropriately. I'm risking 1% of my trading capital on this trade, ensuring that the potential reward justifies the risk taken. **Conclusion:** AUDNZD is showing a promising long opportunity backed by strong technical signals and favorable fundamental conditions. With a well-defined trade plan and proper risk management, this setup offers an attractive opportunity for traders. --- **Disclaimer:** This analysis is for educational purposes only and should not be considered financial advice. Always conduct your own research before making any trading decisions. Longby bluesignalfxUpdated 114
AUDNZD - Bearish Pennant On the 4hr Chart we can see following a Drop in price, the formation of a Pennant. We look for a breakdown, as the pattern suggests continuation. The RBNZ Interest Rate Decision is within the hour. It should provide the catalyst to propel the Kiwi. A break of 1.0900, should see 1.0850. Shortby Umlingo1
AUDNZDPrice broke down below my AOI and I got a rejection so im expecting price to be bearishShortby samkariuki0861
audnzdAUDNZD short, just like eurnzd and gbpnzd. Disregard the previous XXXNZD, they are all shortShortby Tradingdeck3
#AUDNZD bearish continuation scenarioAfter a bearish impulsive move, the price appears to be completing a bullish corrective ABC pattern. So far, it has completed waves A and B and is currently in the midst of the bullish wave C. This bullish move could take the price back to the previous lower high, as highlighted in the chart. From there, we could anticipate the start of another bearish move.Shortby mohemati114
Trading the Inflation Sandwich: What to Watch?Trading the Inflation Sandwich: What to Watch? US CPI inflation (Consumer Price Index). The CPI report is expected to confirm a continuation of the disinflationary trend observed in recent months. Analysts predict the annual inflation rate to edge down to 2.9%, while the core inflation rate is likely to decelerate to 3.2%. This ongoing cooling of inflation could bolster expectations for the Federal Open Market Committee (FOMC) to lower interest rates in September. Should inflation continue its downward trajectory, the FOMC may shift its focus to job numbers with greater intensity. Reserve Bank of New Zealand (RBNZ) rate decision Of the 31 economists surveyed by Reuters, 9 expect the central bank to maintain its Official Cash Rate (OCR) at 5.5% for the ninth consecutive meeting, while 12 forecast a 25-basis point rate cut. A decision to hold could lend support to the New Zealand dollar (NZD), whereas a rate cut might exert downward pressure. Traders might like to keep an eye on the AUD/NZD cross, with key resistance and support levels possibly at $1.0975 and $1.0843 UK CPI inflation Following the Bank of England’s (BoE) recent decision to cut the Bank Rate by 25 basis points to 5.0%—the first reduction in four years—a fresh inflation report is due from the UK. Headline CPI inflation for July is expected to rise to 2.3% year-on-year from June's 2.0%, with estimates ranging from 2.0% to 2.4%. Core inflation, which excludes volatile items like food and energy, is projected to hold steady at 3.5%, with a slight margin of variation between 3.3% and 3.5%. by BlackBull_Markets3
AUD/NZD In Focus Ahead of RBNZ Rate AnnouncementThe AUD/NZD cross will be interesting to watch ahead of the Reserve Bank of New Zealand (RBNZ) rate announcement this week. Areas of Focus Areas of focus heading into Wednesday’s risk event include three key resistance levels at NZ$1.0975 (entered the fray last week), NZ$1.1028, and NZ$1.1051, with the lower of the three boasting strong historical significance. Support to be cognisant of includes NZ$1.0880, a level that happens to be closely shadowed by trendline support extended from the low of NZ$1.0564. While we have Aussie data out on Tuesday, it is unlikely to provide sufficient impetus to break this pair's recent range between resistance at NZ$1.0975 and support at NZ$1.0880. AUD/NZD Range Eyed The RBNZ holding its Official Cash Rate unchanged at 5.5% for a ninth consecutive meeting could underpin a bid in the NZD and potentially guide the AUD/NZD pair below the current range support and possibly south of the neighbouring trendline support to test a support area at NZ$1.0817-NZ$1.0844. Alternatively, a rate cut this week might send the cross higher, breaking range resistance and igniting a possible breakout buying opportunity in the direction of resistance between NZ$1.1051 and NZ$1.1028. Longby FPMarkets0
TMT Nicomedia Short For a SHORT position, TMT Nicomedia provided a strong and reliable signal, and I opened my trade with a 1.75R ratio. These transactions were opened with the TMT Nicomedia strategy. The reason I am sharing these transactions is to see the success rates of the transactions later on. Shortby TMTFinansAkademisi3
AUDNZD will follow uptrendthe major trend is still bullish the decline is an intermediate trend which will followed by the bull phase.Longby faisal-1011
AUDNZD Bullish Bias1 H bullish bias at AUDNZD. Be careful as we are going against Daily.Longby noumannaseer111
AUD_NZD SUPPORT AHEAD|LONG| ✅AUD_NZD is approaching a demand level of 1.0844 So according to our strategy We will be looking for the signs of the reversal in the trend To jump onto the bullish bandwagon just on time to get the best Risk reward ratio for us LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx222
Audnzd buying opportunity Long term buy idea strong uptrend weekly and daily buying trend and liquidity to sweep upsideShortby forexagent6