The pair has broken down out of the larger degree corrective structure, the weekly uptrend looks capped and the structure may have completed now, this breakout looks a good opportunity to go short after a consolidation below the broken structure.
Another super awesome 'trade of the ages' on this SVP {Super Valuable Pair}! Another Super Valuable Pair similar to this one with identical price behavior is the FX:AUDCAD . Remember the NZD/CAD trades opposite to this one due to the negative correlation. I've been waiting forever for this Inverse Head & Shoulders to complete and lift-off and the party has now...
Hello Traders, Here we have a developing Wolfe Wave for AUDNZD. The goal of this post is to find point 4, which can be rather elusive. Highlighted in grey is a Wolfe Wave that completed. As this Wolfe Wave was forming we created an ab=cd pattern that gave us points 1 and 2 of the developing Wolfe Wave. Point 2-3 formed as the first Wolfe Wave completed at it's...
breakout the main trend-line and retest it. ABC shape. this trade needs weeks to reach the target. good luck
Currently Bullish on AUDNZD. I see a reverse head and shoulders on the Daily with strong Bullish Closes in the recent days. Price had no problem breaking to the upside on the descending penant. ABCD in play so far. On the break we can confirm the D leg and hit about the ~1.167 level. -Safe trading and Best Regards
if we see a close below weekly structure by the end of play then we could see some bearish momentum
I have left everything on the chart for you guys/girls to read. if you have any questions just send me a message and i can help out sure thing. Just want to shout out to Akil Stokes and Jason Stapleton for great material. Go check out there free stuff! They have by far the most valuable trading information on the planet and 99% of it is all free
AUD/NZD struggling to extend gains after breaking on Wednesday's trade last week. Price action was rejected at day's high by 1.0925, 200-DMA currently at 1.0922 is capping upside. We can see stiff resistance near 1.0925 region, any further bullishness only on breaks above 1.0925. Weakness back in Asian indices, while the copper prices are also seen in the red,...
Symmetrical triangle has been forming on the AUDNZD pair for 3 months now. 5 strong hit points . Look for a break to the upside at hit point 6 or a break to the downside at hit point 7 after hit 6. Profit targets are clearly indicated by green lines and are based on previous structure. The top profit target is unlikely but very hopeful if we get a break...
The pair has broken out of the corrective structure and it makes sense to long the pair after a smaller degree correction.
AUD/NZD extends downside after rejection at triangle top at 1.0874 in Wednesday's trade. Price action has fallen below the cloud and Stochs on daily charts have rolled over from overbought levels confirming further downside. RSI is at 44, biased lower, the line is on the verge of a bearish crossover on signal line, 5 and 10 DMAs have turned south. Good to short...
BAT PATTERN PAIR: AUD/NZD TIME-FRAME: 1HR TRADE: POTENTIAL BAT PATTERN Had a great session in the London Live Trading Room this morning, thanks everyone! Here's a Trade idea for the AUD/NZD 1HR time frame. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart ...
AUD/NZD has taken rising trendline support at 1.0570 levels and edged higher on the day. Daily Stochs have shown a bullish crossover in oversold territory, while RSI has turned higher after dipping below 40 levels. MACD indicator shows bearish momentum is fading, a crossover of the MACD line over signal line should be further confirmation. Rising trendline...
Approaches strong support at 1.0570 levels, further weakness can be seen only on breaks below. Daily Stochs are deeply in oversold territory, while RSI has turned higher after dipping below 40 levels. MACD indicator shows bearish momentum is fading, a crossover of the MACD line over signal line should be further confirmation. Downside seems to have stalled at...
Our previous AUD/NZD call (link below) has achieved targets. Price action is now falling below the daily cloud, and MACD is seeing a bearish signal line crossover on MACD line. Momentum is likely to remain with the bears for some time now, tests of 1.0632 (78.6% FIb of 1.0539 to 1.0970 rise) cannot be ruled out. The pair is currently trading at 1.0730, with...
AUDNZD broke out of corrective structure to the downside. Looking for a consolidation to sell.
BAT PATTERN PAIR: AUD/NZD TIME-FRAME: 4HR TRADE: BAT PATTERN On the AUD/NZD pair, 4hr time frame, looking for a Potential Bat Pattern opportunity to sell the market. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart WEBSITE: www.StarProsper.com FACEBOOK: ...