AUD/NZD 1-hour chart shows a clear example of a trend reversal by breaking the lower high. Now, I'm watching the 0.5 Fibonacci level. If the price breaks this level at 1.09650, I anticipate a further bearish move. Let's wait and see what happens next.
Possible buy on AUD/NZD, Today's BIAS FOR AUD/NZD is a buy for me, going long because of the extended liquidity sweep.
Audnzd is in bearish tend as it printed double top and also divergence shown
Could take a while if at all of course Top of the list Traders Short Correlation is close don't lie to trade these 2 together but what the heck. Lets See
✅AUD_NZD fell again to retest the support of 1.095 But it is a strong key level So I think that there is a high chance We will see a bullish rebound and a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Please, check our technical outlook for AUDNZD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.095. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.097 level. P.S Overbought describes a period of...
I am expecting a pullback trade from the current daily support level where the market is now. If we analyze the 1-hour chart, a head and shoulders pattern has formed, and the pattern neckline has been broken upwards. We will take the trade on the retest. Buy limit 1.0962 Sl 1.0945 Tp 1.0982 and 1.1002
We can attempt to short AUDNZD as it break HL , trendline support , also there is bearish divergence indicate that it move downward. SL , TP mention in chart.
When we look at the chart we can see that the price is closing into a resistance zone. What I want to do now is trade here and go short for a small trade. Looking to only risk about 0.5% as this is a great risk reward trade but we can also see that in the past the price did already break this zone and went up. If that does happen now than we can just wait and see...
AUD/NZD Poised to Ride the Bullish Tide- Update I posted AUD/NZD analysis 3 days ago and as you can see the price reached the first target. The price managed to develop above our structure zone thus raising the chances that it can extend more to the other target zones as shown in the chart. The price will face a strong resistance near 1.1000 and if that zone...
AUD/NZD Poised to Ride the Bullish Tide: A Technical Perspective AUD/NZD was developing a large corrective "Wedge Pattern" for about 18 days. The top of the pattern was reached on 01-April-2024 at 1.0955 The bullish breakout indicates further growth during the coming days as shown in the chart. The first and the strongest areas will be found near the top of...
AUD/CAD Long Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. AUD/NZD Short Minimum entry requirements: • 1H impulse down. • If 2 touch 15 min continuation, 5 min risk entry within it.
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H1 & H4 time-frame - Price action is close to a Supply Zone (Blue Area) & has Resistance Trendlines around - Aiming for the 38.2% Fibo retracement to TP Fundamental Confluences for Trade: - Nothing much can dictate the movement of this FX pair as they are heavily trade-related. Any...
The New Zealand dollar will soon start a downward trend in the 4-hour time frame. which is to complete the D wave piece from a triangle on the edge
Hi Traders ! Previously, The AUDNZD Formed a Bullish Double Bottom Pattern. The Price Broke The Resistance Level (1.09557 - 1.09392). This Key Level Becomes a New Support Level ! So, I Predict a Bullish Move 📈 ------------- TARGET: 1.10000🎯
Monthly: - Selling zone tapped Weekly: + LCC + ZONE *Weekly reversal trade after a big bullish push. Bearish engulfing candle shows us that bears are present at that region Daily: - Natural W + H&S (Pattern in Pattern) - IC as S&D zone - H&S already played out, first continuation after reversal has formed (most powerful) *Price is reacting on D 61.80...