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Aud-nzd

AUDNZD Outlook 20 April 2023The AUDNZD continues to trade higher as price respects the uptrend and maintains within the upward channel. Most recently the price bounced strongly from the horizontal support level of 1.0810 and the bottom of the channel to trade up to the 1.0890 resistance level following the release of the NZ CPI q/q data at 1.2% (Forecast: 1.5% Previous 1.4%). A slowdown in inflation growth could reduce the need for the RBNZ to continue with further interest rate hikes. While a continuation of the uptrend is expected, watchout of a possible brief retracement at the current resistance level or at the top of the channel. Continuation of the upside is likely to require further weakness on the NZDUSD. Ideally, look for buying opportunities after a retracement on the AUDNZD.
Long
by JinDao_Tai
1
AUDNZD Outlook 17 April 2023Toward the end of last week, the AUDNZD retraced from the resistance level of 1.0810 to trade down to the 1.0740 price level which coincided with the upward trend line and was within the area of the 38.2% Fibonacci retracement level. The price bounced from the trendline and has now broken above the resistance level as the AUDUSD and NZDUSD weakened on Friday. While the price could consolidate or retrace briefly, further downside on the NZDUSD could see the AUDNZD continue to trade higher to retest the next resistance level of 1.0890.
Long
by JinDao_Tai
AN potential break up or reversal **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
by Shadowing_The_Big_Boys
1
AN more on the downside to come...As previously mentioned it is more on the downside..bias to short moving forwards... **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Short
by Shadowing_The_Big_Boys
2
AUDNZD: Rejected on the long term Pivot. Bearish.The AUDNZD pair is technically bearish on the 1D timeframe (RSI = 42.033, MACD = -0.005, ADX = 29.502), trading under the P1 Zone, which has been in place since 2021. It is under both the 1D MA50 and 1D MA200 and it targeting the HL trendline (TP = 1.05300). If the dashed LH trendline breaks, we will buy aiming at R1 (TP = 1.10800). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Short
by InvestingScope
4
Generally down,bias to short ANAN will be generally down trend on daily. h4 bouncing in range, either we will see a breakdown from 1.07 or returning back to range.see what fits your strategy and trade accordingly... Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
by Shadowing_The_Big_Boys
Levels discussed during the webinar 21st March21st March (might not be alot of trading opportunities) DXY consolidating possible breakout down to 103 NZDUSD: too late, no trade AUDUSD: buy above 0.67 SL 20 TP 20 (small trade) USDJPY: break 131.50 SL 40 TP 80 GBPUSD: retrace down to 1.22 EURUSD: likely to up to 1.0760 but not great RR trade USDCHF: sell below 0.9280 SL 20 TP 40 USDCAD: watch video for the setup with upside & downside potential GBPJPY: buy from bounce of support 159.00 SL 50 TP 300 GOLD: retest of support, look for buying potential
TVC:DXY
by JinDao_Tai
1
Watching AUD/NZD for Clear MovementsWe may witness sideways movements of the AUD/NZD pair within the range of 1.08962 and 1.08584, and it could potentially form a reversal pattern such as double tops or head and shoulders before continuing downward towards the level of 1.0800. If the level of 1.08500 is breached downwards, the price could reach there quickly. Conversely, if the price breaks above the level of 1.09070, it could completely reverse upwards. We will monitor the behavior of this pair this week and try to benefit from any clear movement. ------------------------------------------------------------------------- Let me know your thoughts in the comments, and show your support by liking the idea. Please follow if you're interested in more ideas like this. Your support is greatly appreciated!
Short
by Candlestick_OB
1
AUDNZDHi AUDNZD has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis. In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram. ⚠️ Disclaimer: This is a personal opinion and you are responsible for any trading decisions.
Short
by HamidRamezani1992
AUDUSD Short Term Sell Forecast Hello Traders: First forecast/analysis to share after the long break. What I see here is a possible short term bearish move from AUDUSD. We can see on the higher time frame, price has reversed from a double tops price action. An ascending channel structure, as we know is reversal in nature, hence after the structure completes, we see price begin to impulsely move down. This is a good indication for further downside opportunity. As usual, dont rush to enter, watch for confirmation for the continuation correction to form and complete, before entering the market. thank you Jojo
Short
by jojofang0901
20
AUDNZD | I BELIEVE IT COULD BE A GOOD SHORTHey Traders! This pair shows strong bearish market moves. On the weekly chart, the price is moving between the MAs, and it has broken out of the daily channel. On the 4-hour time frame, we can see that the price formed a bearish engulfing candlestick and broke past all of the moving averages, including MA 200. This is a great confirmation from a higher time frame that the price could continue to fall. Now, we have a possible HTF re-test zone that is approximately 35 and 40 pips away. At night, however, we will get news regarding AUD GDP, which will definitely affect our trade.
Short
by FX-TradingLions
AUDNZD:Couple of Scenarios ahead of today's Economic CalendarHey traders, above is a quick video in which we analyze AUDNZD technically and fundamentally ahead of today's RBNZ meeting. i would watch the zone of 1.099 which combine a strong supply and demand zone with a strong uptrend. our eyes will be in today's official rate from the Reserve Bank of New Zealand. if they hike rates as the market is pricing we can probably hit more highs on AUDNZD. otherwise if RBNZ surprise us with a larger rate hike we will more likely have the second Scenario. don't forget to ask us your questions in the comment section. Joe.
Long
by JoeChampion
14