AudNzd simple daily view we can see he forming a wedge and so an exit from the top or the bottom will give a big signal for i think long time trade. ( i not make new chart so i not make all res and sup,and many are from intrady,sorry)
Hi traders, Spotted a very beautiful setup on the daily AUDNZD chart. Here's the deal: The price trended up nicely with gorgeous swings, respected the 20-period moving average (20 SMA), made a double top (showing trend weakness) and broke with a strong bearish momentum the 20 SMA and the flipzone (= Support and Resistance area). The Friday close allows me to...
AUD/NZD 1H Chart: Channel Up The Australian Dollar is gaining value against the New Zealand Dollar in a few days long ascending channel, which started to form in result of an extensive jump of the exchange rate from the monthly R1 at 1.0868. Given the narrow structure of the pattern, it is not expected to guide movement of the pair for long. Most...
With the RBA Policy Meeting Minutes due to be released at 02:30GMT we should have the catalyst we are looking for to move AUDNZD. With the Kiwi being weak recently and a number of AUD pairs at support/resistance, a hawkish tone from the RBA could send this pair higher. If we see a dovish tone out of the RBA then we favour a short on the AUDJPY back down into the...
Finally AUDNZD broke out of the range. It really took time but for sure it's a good thing in the end AUDNZD has been resting at a major support zone for a while where it has not been able to go lower and the "only" way would be up. AUDNZD is currently in a range and it has just visited the lower parts of it. I will look for pullbacks to trade this pair News...
AUDNZD has now been ranging for the last month more or less without a clear direction. It has hit resistance and support but able to create new lows and new highs but pushed back in. A breakout of this box can create a nice opportunity if the breakout is to the topside. A breakout to the downside is just a move into concrete floor of resistance without new lower...
Nice long opportunity here for AUDNZD. Keep it simple :) CHEERS !!
In an ideal world, the AUDNZD would continue another wave of the uptrend and close above 1.10198. Excuse my purple arrows lol they are for my reference of some S+R that I want to keep an eye on... On the Weekly, we've been making lower lows since the 6th of April 2015. More recently on the Daily chart, we've been making Higher Highs and Lower Lows since the...
My view AUD/NZD in time frame D1. Good for waiting this pair or use pending order (buy limit). Thanks
Buy above 1.0491. Stop loss at 1.0430. Take profit at 1.0606. Reason for the trading strategy (technically): We look to buy above major support at 1.0491 (Fibonacci retracement, Fibonacci extension, long term horizontal support, bullish divergence) for a push up to at least 1.0606 resistance (Fibonacci retracement, horizontal pullback resistance). Stochastic...
AUDNZD short. This is my view on the market not a signal for you. Do your own analysis before entry.