AUDNZD
Ready to gear up for a Bullish RunFOREXCOM:AUDNZD
Price has reached both a refined MTF (H1 and m15) embedded within a HTF (daily). Demand in this area seems to still be in control. Once price breaks above, I'll be looking to see if the market will prove its indeed ready to trend upwards towards the weak high.
AN coming to a supporton the higher timeframe, price might get supported..might not..lets see.rate news next week for AUD.
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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!
AUD/NZD Massive Long! BUY!
My dear subscribers ,
My technical analysis for AUD/NZD is below:
The market is trading on 1.07813 pivot level.
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1. 06974
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
Institutional Demand: AUD/NZD LongHi trader!
Listen up - after all the good zones I've been sharing these past weeks, a lot more key areas are being reached soon. One of the charts I truly like is AUD/NZD, which recently started to tank from our supply zones (as covered in my weekly live sessions) but we're now moving towards demand.
This demand area on the daily is beautiful and obvious, cuz it is stacked with fresh weekly value as well it is a key one to watch when it is reached.
Of course, the 4hour needs to confirm the higher-timeframes and as you know I just wait for our standard patterns to have that confirmation.
PS! If you like these posts and want me to keep doing them.. please give our posts a like, this helps me to grow!
Kind regards,
Max Nieveld
AUDNZD Will Go Higher! Long!
Please, check our technical outlook for AUDNZD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.077.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.089 level soon.
P.S
We determine 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.
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AUD/NZD Bearish Trend Continues with FIBO Reversal PotentialSince the 23rd of April, the AUD/NZD has remained entrenched in a formidable Bearish trend, which shows no signs of abating. This trend began when the price reached the key level of 1.09200, from which point it has continued to follow a steadfast downtrend trajectory. However, there is a possibility that the price may experience a temporary rebound and recuperate some of its lost value in the near future. This potential reversal could occur at the 61.8% Fibonacci level, which is a critical support level that has historically triggered price pullbacks.
AN trending up nicely...As mentioned a break up on this pair would see more upside...lets trade with this likely new trend upwards. :)
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***************************************************************************************
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!
AUD/NZD Multi-Timeframe & Order Flow Analysis Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
AUDNZD: Short Term Technical AnalysisThe trend is bullish but in short term some corrective structure is possible, having said that, from a technical point of view, the rally triggered on hourly chart should continue after the pullback completing the impulsive structure (1-2-3-4-5).
Trade with care! 👍 ...and if you think that my analysis is useful, please..."Like, Share and Comment" ...thank you! 💖
Cheers!
N.B.: Updates will follow below
AUDNZD Outlook 21 April 2023The AUDNZD traded higher to the top of the bullish channel at the 1.0920 price level, due to the overnight strength of the AUDUSD.
As the AUDUSD retraces, this could lead to a brief reversal on the AUDNZD. Look for the AUDNZD to retest the 1.0890 price level before a continuation to the upside.
However, if the price breaks below the 1.0890 support level, the AUDNZD could continue lower to the lower bound of the channel at the 1.0860 price level.