AUDNZD Is Going Down! Short!
Please, check our technical outlook for AUDNZD.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 1.102.
Considering the today's price action, probabilities will be high to see a movement to 1.101.
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!
NZDAUD trade ideas
AUD/NZD Multi-Timeframe Breakdown: Trend Shift or Retracement?Welcome back, guys! 👋 I’m Skeptic , and today we’re diving into a multi-timeframe analysis of AUD/NZD. (As I mentioned this pair on our weekly watchlist on March 9th.) At the end, I’ll also share some solid long and short triggers that you definitely don’t want to miss—so let’s get into it!
📉 Daily Time Frame Analysis
In the daily time frame, we can clearly see a strong major uptrend that has been holding the price upward. However, recently, the upward trendline has broken, which could indicate the start of a retracement . This break hints at a potential shift or correction rather than a complete trend reversal, so we need to stay cautious.
🔍 4H Time Frame Analysis: Finding Triggers
Moving on to the 4-hour time frame, it’s clear that we’ve had a clean pullback to the previous upward trendline. As I pointed out in my weekly watchlist analysis, the main trigger for a short position was at 1.10115 , which has just been activated . If you took that trade with me, you’re in profit right now!
But don’t worry if you missed it—you still have a chance to catch the next move. Since the trendline is broken, we could see a sharp uptrend retracement movement if the price breaks our 4h support level.
Short Trigger: I’ll be waiting for a breakout below 1.10087 to look for another short opportunity.
Long Trigger: I’ll be watching for a higher high and higher low to confirm that the uptrend is still intact. Specifically, a breakout above 1.10544 would signal a potential long entry.
💡 Always remember:
trading in the direction of the main trend typically yields higher R/R and win rates. Don’t trade against the trend unless you have a very strong reason to do so.
I’d love to hear your thoughts on AUD/NZD —drop your opinions in the comments below! Also, if you have any questions about trading or strategy, just ask—I’ll make sure to reply. Let’s keep growing together, not alone! 💪
AUDNZD Massive Long! BUY!
My dear friends,
Please, find my technical outlook for AUDNZD below:
The instrument tests an important psychological level 1.1011
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.1026
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
AUDNZD-Sale order opportunity1. Reasons for a Sale Order (Short Position)
A sale order on AUDNZD could be considered under the following circumstances:
a. Technical Analysis
Bearish Trend: The pair is in a downtrend, with lower highs and lower lows on the chart.
Resistance Level Rejection: Price fails to break above a key resistance level and reverses.
Moving Averages: The price is below key moving averages (e.g., 50-day or 200-day MA), indicating bearish momentum.
Oversold Conditions: Indicators like RSI or Stochastic show overbought conditions, suggesting a potential reversal downward.
b. Fundamental Analysis
Weak Australian Economic Data: Poor GDP, employment, or retail sales data from Australia.
Strong New Zealand Economic Data: Positive economic indicators from New Zealand, such as GDP growth or rising dairy prices.
Interest Rate Differentials: The Reserve Bank of New Zealand (RBNZ) may have a more hawkish stance compared to the Reserve Bank of Australia (RBA), making NZD more attractive.
Commodity Price Weakness: A decline in iron ore prices (key export for Australia) or a rise in dairy prices (key export for New Zealand).
c. Risk Sentiment
Risk-Off Environment: AUD is often considered a risk-sensitive currency, and during risk-off periods, it may weaken against safer or more stable currencies like NZD.
2. Entry Strategy
Entry Point: Identify a key resistance level or a bearish reversal pattern (e.g., head and shoulders, double top) to enter the trade.
Confirmation: Use technical indicators (e.g., MACD, RSI) or candlestick patterns (e.g., bearish engulfing) to confirm the entry.
3. Exit Strategy
Take Profit: Set a target at a key support level or based on a risk-reward ratio (e.g., 1:2 or 1:3).
Stop Loss: Place a stop-loss above the recent swing high or a key resistance level to manage risk.
4. Risk Management
Position Sizing: Ensure the trade size aligns with your risk tolerance and account size.
Risk-Reward Ratio: Aim for a favorable risk-reward ratio (e.g., 1:2 or higher).
Monitoring: Keep an eye on economic news, central bank announcements, and commodity price movements that could impact the trade.
5. Example Scenario
Current Price: AUDNZD is trading at 1.0800.
Resistance Level: 1.0850 (recent high).
Support Level: 1.0700 (next key level).
Entry: Sell at 1.0830 after a rejection at 1.0850.
Stop Loss: 1.0880 (50 pips above entry).
Take Profit: 1.0730 (100 pips below entry).
Risk-Reward Ratio: 1:2.
6. Key Risks
Unexpected Economic Data: Positive Australian data or negative New Zealand data could reverse the trend.
Central Bank Policy Shifts: A dovish shift by the RBNZ or a hawkish shift by the RBA could weaken the trade.
Market Volatility: High volatility in commodity markets or global risk sentiment could lead to unpredictable price movements.
By carefully analyzing the technical and fundamental factors, a trader can identify a high-probability AUDNZD sale order opportunity while managing risks effectively.
Waiting for clear momentum breakdown as confirmationCurrently oversold so won't be surprised of a bounce, but pending LTF closure below for a breakdown as fundamentals suggest to long NZD against AUD due to policy divergence and upcoming pricing.
Be on the lookout for future econ events to see if it invalidates
AUD/NZD Daily AnalysisSince testing and rejecting the demand zone at 1.1170 for a second time, we have seen price gradually descend back towards the rising trendline.
Thursdays price action saw a close below the trendline and a possible push from the sellers to test the water.
Friday saw buyers back in play but price still closed below the broken trendline.
Retest of the trendline or false break?
AUDNDZ Massive Long! BUY!
My dear followers,
I analysed this chart on AUDNDZ and concluded the following:
The market is trading on 1.1064 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.1078
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
AUDNZD: Growth & Bullish Continuation
Looking at the chart of AUDNZD right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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AUDNZD Considering a long position on AUDNZD, supported by the following fundamental and technical factors:
Fundamental Factors:
Monetary Policy Divergence: The Reserve Bank of New Zealand (RBNZ) recently reduced its benchmark interest rate by 50 basis points to 3.75% to stimulate the economy. This aggressive easing contrasts with the Reserve Bank of Australia's (RBA) more stable monetary stance, potentially weakening the NZD relative to the AUD.
REUTERS.COM
Technical Factors:
Support Levels: The AUDNZD pair has shown a strong rebound from its recent low around 1.1025, indicating robust support and potential for further upward movement.
INSTAFOREX.COM
Technical Indicators: Current technical analyses suggest a 'Buy' signal for AUDNZD, with moving averages and oscillators aligning to support this bullish outlook.
Given these factors, a buy position on AUDNZD appears favorable. As always, ensure proper risk management and stay updated with economic developments that could impact this trade.
Note: All trading strategies involve risk, and past performance is not indicative of future results.
Bullish bounce?AUD/NZD is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 1.1031
1st Support: 1.0991
1st Resistance: 1.1086
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.
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AUD/NZD - Strong sell IdeaThis chart has had some clean previous price action.
Long term we have been bullish and Im going for a counter Trend trade into a possible breakout
We have a strong sell indication with Bearish pressure failing to take out the previous high.
Id like for price to return slightly higher into our supply zone but I do believe that price will breakout before returning higher.
This will be posted in my $100-$1000 chat so many sure to message to be apart of that.
Risking 25Pips for a return of 175Pips
Good luck to any trades that might follow