Preferred direction: BUY Comment: WThe buy-priority remains the same for the New Zealand dollar. Previously, we looked at a medium-term long trade, which is in progress and is in the accumulation stage. If we talk about short-term prospects, we can consider the two scenarios shown on the chart. There is a high probability that the buyer will strengthen at...
Elliott Wave aficionados may want to cast their eyes over the AUDNZD pair, where a SHORT scenario is unfolding. After the apparent end of a corrective wave (b), we are now witnessing what could be the beginning of an impulsive wave (c) to the downside, often characterized as the most dynamic and potent move in a corrective phase. The price action has begun to...
Today after China's economic data, the Market is betting dovish on AUD. We believe the price has made an ABC correction and it likely started the C wave. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page...
My dear followers, This is my opinion on the AUDNZD next move: The asset is approaching an important pivot point 1.0897 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.0907 About Used Indicators: For more efficient signals,...
Fundamentals & Sentiment AUD: Australia has beaten its neighbor in terms of robustness of the economy, with Services PMI and Avg Cash Earnings sustaining upward momentum best. Such economic performance also translated into better GDP QoQ growth paving the way for AUD to outperform NZD for the last 2 months and propelling the pair higher. It's also vividly...
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current AUDNZD chart which, if analyzed properly, clearly points in the downward direction. ❤️ Please, support our work with like & comment! ❤️
I spotted a good buying opportunity. It might dip back down to its support briefly, but it's likely to resume its upward trend and surpass the resistance level. Disclaimer: I'm a newbie with demo account
Preferred direction: BUY Comment: The main currency pair is most likely now the most interesting to buy, since it has the most formed buy-setup. A significant part of the buyers have already been liquidated, and growth according to scenario №1 is now most likely. Scenario №2 is considered as plan B, where buy-positions are expected at the level of 1.06500...
Preferred direction: BUY Comment: Once again, we are considering the New Zealand dollar together with the Australian dollar , well, this is not surprising given their high correlation. Here, too, a recovery is expected in the medium term, but not everything is so simple, and still, before growth, there will most likely be updates to local lows. A more...
hello everyone, in my last analysis the price broke the resistance level (mainly due to bullish AUD & bearish NZD news), overall the NZD is performing poorly... price is predicted based on AUD fundamental and technical analysis... upcoming AUD CPI (today) and retail news (tomorrow) couldn't make this pair bearish or bullish... if news is bad then technically...
AUDNZD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long AUDNZD Entry Point - 1.0893 Stop Loss - 1.0880 Take Profit - 1.0916 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
My dear friends, My technical analysis for AUDNZD is below: The market is trading on 1.0893 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.0923 Recommended Stop Loss - 1.0876 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
Hello traders, we want to check the AUDNZD chart. The price has reached the specified resistance level after an upward movement. We expect this level to stop the upward trend of the price and the price will fall to around 1.08700. Good luck.
Preferred direction: BUY Comment: Medium-term long positions for the AUDUSD currency pair are active, according to our previous trading idea for this instrument. In addition, short-term prospects also encourage active purchases, and with the opening of the European session, one can take a closer look at longs, especially those who did not manage to enter...
Preferred direction: SELL Comment: We continue to consider metals as part of medium-term sales, but there is no good reason to enter yet. Of course, one can gain a position with a small volume using a "step by step" system. In the short term, silver and gold are likely to strengthen again. Thus, silver will update the local maximum, and gold will update...
Preferred direction: BUY Comment: The New Zealand dollar copies the situation with the Australian dollar. Here, we also continue to adhere to the previously outlined long scenario and have almost already reached the target at the level of 0.60713 . Today, it is relevant to consider short-term purchases with the same target at the level of 0.60713 . There...
Overview: AUDNZD has exhibited a notable rejection at a significant resistance zone, confluently aligning with the 4-hour trendline. This presents a compelling opportunity for a potential short-trade setup. Entry Point: Considering the observed rejection and alignment with the 4-hour trendline, an entry point at 1.09150 is recommended. This level reflects a...
In this chart we have observed a Rising wedge in which price is continuously rising and volumes are started shrinking. In this condition the buyers loose interest in buying on that high price. So as we spotted a Bearish Divergence and it will take a slight dip to the TP we suggested.