The AUDNZD pair is trading within a Channel Up since the start of May but has most likely peaked based on this unique pattern going back 8 years. The chart is on the 1W time-frame where the MACD is trading downwards after a late June Bearish Cross. As you see, every such Bearish Cross above the 0.0 MACD level, formed a long-term Top on either a Channel Up or Down...
AUDNZD (4H) has opened with a gap in MT4 with strong rejection to the downside. In bigger picture, AUDNZD is likely to come for a deeper retracement to the downside to monthly 31.8% fib level. As the price tested this previous support as resistance on the lower timefrme, it is highly likely that AUDNZD will continue to drop Thank you for visiting the idea, press...
AUDNZD(4H) has formed a head and shoulder on the 4h and has changed uptrend to downtrend and has broken down. At this point, the price is likely to test the support ( Neckline of the head & shoulder ) as resistance and possible rejection are expected. A sell opportunity may arises on the restest of this support as resistance. If you enjoy this idea, please press...
Chart Analysis Technical Analysis: - Price recently fell below a long term uptrend upper trend line and trading in a tight range near the lows of full range. - Price seems to be forming either a rising wedge *(bearish chart pattern) or a triangle wedge *(bear or bullish chart pattern). Supporting the indecision and why price trading in tight range...
The AUDNZD pair has been trading within a Channel Up ever since the November 19 2021 Low. Two upper and lower tolerance levels of 1.236 and -0.236 have been accounted for. This time though, as the price is trading around the 1D MA50 (blue trend-line) since June 20, using it as a pivot, a new pattern has emerged. That is a Head and Shoulders (H&S). That is so far...
Here is my view for AUDNZD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The AUDNZD pair has been trading within a Channel Up since the November 19 2021 Low. The price only broke outside this pattern twice but was limited to the -0.236 Fibonacci extension (March 15 2022) and the 0.236 Fibonacci extension (May 04 2022). The 1D MA50 (blue trend-line) has been holding as a Support since March 17. The price is now on the 4th straight red...
AUDNZD is approaching strong monthly support and likely had a bounce. There is a high probability that AUDNZD will approach the 1.08859 support zone and will have a bounce. A possible buy opportunity from the support as this is an overall trending market.
AUD-NZD is trading in a rising narrwing wedge And the pair will soon retest a horizontal resistance So IF we see a bearish breakout from the wedge A bearish move down will follow However, IF the daily resistance AT 1.09907 is broken to the upside The setup is invalid
The AUDNZD pair broke above its August 2020 Lower Highs trend-line in late March and is now approaching the 1.104500 Resistance. This is similar to the late October 2017 break-out above the Lower Highs. In fact the two phases seem identical on a wider 3 year scale. The 2017 fractal reversed soon after it broke above the Lower Highs and initially reached as low as...
AUD/NZD has snapped downside of two days and is poised for upside resumption. Close above channel top will support further gains in the pair. Next major hurdle lies at 110-month EMA at 1.0893.
AUD-NZD is trading in a descending channel The pair recently retested the descending resistance From the channel at 1.077, we have a harmonic pattern shown on the chart as we are witnessing a bearish reaction I think the pair will continue to fall towards the support below 1.0320
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
AUDNZD has formed double doji on 4H timeframe possible sell opportunity as this instrument has bounced from a monthly trend line
This is an update to the latest long-term buy signal I gave on AUDNZD on November 01 2021, when the price was approaching the bottom of its multi-year Channel Down: Now that the pair is approaching our target and the top (Lower Highs trend-line) of the Channel Down, it is time to turn bearish. The short-term target is the 0.382 Fibonacci retracement level at...
#AUDNZD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
Pattern: Channel Down on 1D. Signal: Buy as the price rebounded on the 1D MA50 (blue trend-line) and is on the bullish leg towards the top (Lower Highs trend-line) of the Channel Down. Target: 1.0800 (the 0.786 Fibonacci extension) as per the previous Lower High...
I'm still looking for my second entry buy position.