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 Dave-Hunter2
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
AUDNZD might have a burst upwards against Kiwi See the daily chart and my white 200ema. I always like to see price respect the 200 and you can see this with a bearish daily candle down from last Friday and then Mondays Candle opens very supported by the 200ema. I am seeing other things on on intraday timeframes for example price is about to burst upwards out of a triangle. 3m time frame looks like price is on the up and up. Longby Easy_Explosive_Trading2
AUDNZD LONG Smart Money Concepts (SMC)In modern trading, especially within the Smart Money Concepts (SMC) methodology, terms such as Order Blocks, Imbalances, Breaker Blocks, and Inverted FVG (Fair Value Gaps) are widely used. Below is a detailed explanation of each: --- 1. Order Blocks An Order Block is a zone on the chart where large institutional investors have left "traces" of their operations, meaning a place where there was a concentration of buying or selling activity. It is typically the last candle before a significant price movement. Bullish Order Block: The last bearish candle before a strong upward movement. Bearish Order Block: The last bullish candle before a strong downward movement. How to use: Price often returns to order blocks before continuing the trend. Order blocks are used as potential entry or exit zones. Example: If the market is falling and a sharp reversal upwards begins, the last red candle before this rise is the bullish order block. --- 2. Imbalances An Imbalance is a zone on the chart where demand and supply were sharply uneven, creating "gaps" in the market structure. These zones are often referred to as FVG (Fair Value Gaps)—an area between the wicks of the first and last candles of three consecutive candles, where the middle candle does not overlap with the first or third. It is believed that the market tends to fill these gaps, meaning the price often returns to these zones before continuing its movement. How to use: Imbalances can serve as a reference for identifying potential retracement zones. Enter a position when the gap is filled. Example: In an uptrend, if the price rises sharply, creating a gap between the wicks of candles, traders can expect the price to return to this area. --- 3. Breaker Blocks A Breaker Block is a zone that forms when the market breaks a key support or resistance level and begins moving in the opposite direction. They appear where an order block was "broken." Breaker Blocks indicate that the previously dominant trend has been broken, and the market is preparing for a new movement. They can also be used to filter valid order blocks. How to use: After an order block is broken, the former support/resistance zone can serve as an entry point after a retest. Used to identify trend reversals. Example: In an uptrend, if the price breaks below the previous bullish order block, it becomes a bearish breaker block. --- 4. Inverted FVG (Inverted Fair Value Gap) An Inverted FVG is a zone where the market provides excessive liquidity in the opposite direction, creating an opportunity for "smart money" to trap traders in the wrong movement. An Inverted FVG occurs when the market "absorbs" liquidity, making traders believe the trend is continuing, but it is actually a manipulation before a reversal. It is used to analyze price manipulation and find entry points against the "trap." How to use: Enter after the price has covered the FVG zone and confirmed a reversal. Inverted FVGs often appear in zones that collect stop losses. Example: In an uptrend, the price sharply breaks a resistance zone (creating an FVG) but then reverses back and moves downward. Longby Tonksovave0
AUDNZD SELL to BUYSell to buy scenario on AUDNZD. Price should decline from this resistance towards 1.09650. From there we can look for buy opportunities towards 1.102by Technical_AnalystZAR0
AUDNZD_2HAustralian dollar to New Zealand dollar analysis Short and medium time frame The formation and completion of five descending waves and the possibility of creating an upward correction wave Support and important number 1.09757 Resistance and target is an important number of 1.10558Longby Elliottwaveofficial4
AUDNZD Long IdeaAUDNZD Daily 61.8 pullback possibly ending. On a 4hr timeframe it shows a reversal pattern. So it might be a possible long trade Risk and Rewards 1:4. Let’s see how it goes ❤️Longby tseborushka0
AUDNZD SELL SETUPPrice is currently rejecting from a daily FVG overlapping a OB..... I want to see a FVG created from a previous FVG on the 1H timeframe Shortby Jas_J111
AUD/NZD SHORT weekly : switch from momentum (BEARISCH) :FLATT WALL ON THE LEFT ROOM TO GO DOWN DAILY BW PATTERN 4H: head en shoulders Pattern Shortby Stefvdm_3
AUDNZD Smart Money Concepts (SMC)In modern trading, especially within the Smart Money Concepts (SMC) methodology, terms such as Order Blocks, Imbalances, Breaker Blocks, and Inverted FVG (Fair Value Gaps) are widely used. Below is a detailed explanation of each: --- 1. Order Blocks An Order Block is a zone on the chart where large institutional investors have left "traces" of their operations, meaning a place where there was a concentration of buying or selling activity. It is typically the last candle before a significant price movement. Bullish Order Block: The last bearish candle before a strong upward movement. Bearish Order Block: The last bullish candle before a strong downward movement. How to use: Price often returns to order blocks before continuing the trend. Order blocks are used as potential entry or exit zones. Example: If the market is falling and a sharp reversal upwards begins, the last red candle before this rise is the bullish order block. --- 2. Imbalances An Imbalance is a zone on the chart where demand and supply were sharply uneven, creating "gaps" in the market structure. These zones are often referred to as FVG (Fair Value Gaps)—an area between the wicks of the first and last candles of three consecutive candles, where the middle candle does not overlap with the first or third. It is believed that the market tends to fill these gaps, meaning the price often returns to these zones before continuing its movement. How to use: Imbalances can serve as a reference for identifying potential retracement zones. Enter a position when the gap is filled. Example: In an uptrend, if the price rises sharply, creating a gap between the wicks of candles, traders can expect the price to return to this area. --- 3. Breaker Blocks A Breaker Block is a zone that forms when the market breaks a key support or resistance level and begins moving in the opposite direction. They appear where an order block was "broken." Breaker Blocks indicate that the previously dominant trend has been broken, and the market is preparing for a new movement. They can also be used to filter valid order blocks. How to use: After an order block is broken, the former support/resistance zone can serve as an entry point after a retest. Used to identify trend reversals. Example: In an uptrend, if the price breaks below the previous bullish order block, it becomes a bearish breaker block. --- 4. Inverted FVG (Inverted Fair Value Gap) An Inverted FVG is a zone where the market provides excessive liquidity in the opposite direction, creating an opportunity for "smart money" to trap traders in the wrong movement. An Inverted FVG occurs when the market "absorbs" liquidity, making traders believe the trend is continuing, but it is actually a manipulation before a reversal. It is used to analyze price manipulation and find entry points against the "trap." How to use: Enter after the price has covered the FVG zone and confirmed a reversal. Inverted FVGs often appear in zones that collect stop losses. Example: In an uptrend, the price sharply breaks a resistance zone (creating an FVG) but then reverses back and moves downward. --- Conclusion Order Blocks and Breaker Blocks help identify zones where large players may enter the market. Imbalances highlight areas where the price might return to balance demand and supply. Inverted FVGs help traders avoid traps set by large players and enter the market more strategically. These elements are especially useful for traders following SMC principles, as they provide a deeper understanding of the actions of major market participants.by Tonksovave0
AUD/NZD MARKET OUTLOOK!Daily timeframe outlook on AUDNZD shows a decline in price after price broke the multi week support level of 1.09826 we may likely see further drop in price as we look forward to seeing the outcome of RBA interest rate cut set to announced on 10th DEC.Shortby Cartela0