AUDNZD being in an uptrend means that the value of the Australian dollar relative to the New Zealand dollar is currently on the rise. Additionally, there is a notable development occurring in the form of hidden divergence on the Relative Strength Index (RSI). Hidden divergence refers to a situation where the price of an asset and the RSI indicator move in opposite...
The trend is bearish. Over the last 12 months, its price fell by 2.65 percent. We are facing multiple resistance levels at 1.0758, 1.081 & 1.0836.
SL 1.06500 TP 1.05900 This is not financial advice take at own risk
I see more movement down following the trend SL 1.06895 TP 1.06240
Wait for LFT confirmation in this zones before entering because the price tape on daily DZ and it can go higher.
Here is my view for AUDNZD on H1 for May 1st, 2023. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Price has broken through the trendline, so it looks like the bears are taking over. Simply waiting on the pullback before going short. a Sell Limit would not be a bad idea too.
AUDNZD instrument shows bullish divergence, however, the trend shows strong bearish at 1H TF. TP1 is valid profit zone right above support. TP2 is not strong profit entry due to multiple support levels.
#AUDNZD in Daily Time Frame Setup Will down in coming days a nice setup for AUDNZD Sell
Hello everyone! Hope you all have a great trading week and Ramadan Kareem all. I am seeing a great sell for FX:AUDNZD from here after the news. Currently testing a OB, broken uptrend impulses and we might see a drop from here. Risking 1% for 6.4% gain. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. Good luck...
Hello traders! ‼️ This is my perspective on AUDNZD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. I expect bearish price action continuation as price filled the imbalance and rejected from bearish order block + institutional big figure 1.07000. Like, comment and subscribe to be in touch...
The two Australasian currencies are represented in the Australian Dollar vs. the New Zealand Dollar pair. High Rollover rates and like geographical locations cause them to often trade alike against other currencies. Because of this the pair is not extremely affected by global factors or trends but instead reacts more to changes in the local economies. #AUDNZD
this is my idea about AUDNZD Australian Dollar / New Zealand Dollar use stop loss
Hello traders! ‼️ This is my perspective on AUDNZD. Technical analysis: We are here in accumulation phase and I expect we could see AMD pattern, which means price could manipulate buy stop liquidity and fill the imbalance higher and then to distribute lower. Fundamental analysis: Tomorrow we have news events on AUD, will be released the Cash Rate which was...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Inv C&H formed on Daily. We are now waiting for a break below the brim level. Once this happens, will confirm a fantastic position to go short. 200>21>7 - bearish RSI<50 Target 1.03686 SMC Buy side liquidity formed on the top of the Handle which made an Order block (Where the big boys sweep in the buying with retail traders - and offload their own positions)....
AUDNZD price has been ranging between this support and resistance level, if price gets to the support there is probability for a reversal back to the resistance, I will look for buy a entry if i see a pull back from the support zone with some confluence signal. If price breaks below the support, i will be looking for sell entry to my target levels below What's...
👩🏽💻Technical: On the weekly, the sellers are pushing the price down based on the current gravestone doji being formed. However, the price has a strong uptrend, and it seems that the sellers failed to break many times in the past. 🎯 For an ideal entry: In order to see if there is enough selling pressure, wait for the price to break the uptrend + push > exhaustion...