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...
Hey 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...
The AUDNZD has been ravaging inside the bullish channel. The current touch of the lower band of the channel makes it the second time that will be happening since the 18th of Jan. I will be expecting the price to break the structure and commence a new ride to the upside. This might be worth your while.
Hey Traders! Everything is trending up nicely, a rejection to the moving averages and not forming a bullish engulfing candlestick, if this manages to close bullish then we can definitely enter trade long to re-test top level, if broken then it should head much further. I like the idea, just wait for closure before entry:)
Hey 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...
the Reserve Bank of New Zealand are already on the path of slowing down, if they confirm that on Tuesday we think that AUDNZD will easily achieve more highs. in the coming week we will be monitoring AUDNZD for a buying opportunity around 1.099 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Technically, AUD/NZD looks ripe for another leg higher as it is holding above trend support and the 100-bar EMA. A break above the weekly pivot point could confirm such a breakout and resumption of its trend and bring the weekly R1 / recent highs, with 1.10 also making an interim target along the way. However, keep in mind that data from AU and NZ between 11:30...
AUDNZD Another day, another great opportunity for us trades to take advantage of. AUDNZD We are at key resistance when it comes to higher time frame including daily and weekly. We could say we are within the channel for now but if we break below 50 EMA & of trendline support expect 1.09170 areas to be target areas. However, if we break the highs of 1.09865...
An ascending triangle pattern in the AUD/NZD currency pair on a 4-hour chart suggests that the market sentiment is bullish, with the price creating higher lows while being contained by a horizontal resistance. This pattern can be considered a continuation pattern, implying that the upward trend may continue if the resistance is successfully broken. In this...
It’s been a while! Took some time away to practice. Looks like we broke out of a recent downtrend. I counted a potential impulsive wave on the breakout and am now looking for a retracement to the wave 4 low anywhere between 38-61% or more if possible. Price may be in a consolidation phase at a recent high. Could recent bullish momentum exhaust soon?
Hey Traders, in today's trading session we are monitoring AUDNZD for a buying opportunity around 1.096 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
We’ve been waiting for AUD/NZD to retrace from its cycle high to reconsider longs, and it has now once again piqued our interest. Prices found support at the 200-day EMA yesterday, with the 38.2% Fibonacci retracement holding today’s low nearby. Whilst RSI (2) is not quite overbought, it is not far from it which suggests we could be approaching a cycle low. It is...
Hey Traders, in today's trading session we are monitoring AUDNZD for a buying opportunity around 1.087 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on DAILY: Left Chart AUDNZD is approaching a resistance zone so we will be looking for sell setups on lower timeframes. on H4: Right Chart AUDNZD is approaching the upper trendline of the rising channel in red. As price approaches the purple zone, as per my trading plan, I...
Pair : AUDNZD ( Australian Dollar / New Zealand Dollar ) Description : It is Following Elliot Waves Completed the " 12345 " Impulsive Wave and " A " Corrective Wave and will Complete its " B " Corrective Wave at Fibonacci Level - 61.80% Break of Structure and Completed the Retracement We have Impulse Correction Impulse Divergence Fibonacci The Support can now...
AN could be seeing more upside if it can break up..if not..could be having somemore pullback downwards. **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...
Hey trades, in today's trading session we are monitoring AUDNZD for a buying opportunity around 1.087 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
- Could see price pull back when it reaches 1.8670 - If we see rejection here, price could continue its bullish movement up to the level of 1.1000 - Price will have to break through the 1D EMA at 1.0907, which may act as strong resistance