AB=CD + RSI divergence (waiting for trend-line break), and target is to the weekly pivot.
Looking to short AUD/NZD after a better than expected retail sales report from New Zealand. The Aussie had rallied qiute hard off the back of Oil,Gold and the USD yesturday so I would expect to see those gains dissapate over todays session. The reversal candlestick pattern gives us confirmation of this reversal taking place just above the 10800 resistance which is...
the pair found ressistance at 420ema and long term trendchannel. i may jump in today, targeting 50 and 61,8 retracement of the upmove.
This trade is going to be data dependant on the RBNZ tonight. Allthough we are not expecting them to cut or raise rates it will be important to hear their tone in the statement if they make one. Last time they where less dovish than the market expected but we have had poor CPI and GDP since which has caused the rally on this pair. I will look for reversal signs at...
Aud/Nzd pair looking bearish outlook, because 50,100 and 200 ema above the current price level in longer timeframe. 1.0218 level act as a strong support for this pair and I did not find any recent and previous support for this pair. So, I think, if this pair break this level then its goin more down. After break this support we can take a short positon in this...
AUDNZD LONG lowest triple aswell
A lot of traders have taken interest in the AUDNZD cross since 2014 as prices have reached a level around 1.04/05 that's held firm since 1979. While we may see another bounce off 1.035 in the coming days, recent price action suggests a risk of diving further towards multi-year lows before a true bottom can take shape. Looking at a monthly chart over the past 16...
Aussie has gained in the last 3 days against Kiwi and it is approaching 1.1100 barrier level on overheating Australian property markets. However, I am going to sell the pair at current levels.