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Audnzdforecast

AUD/NZD - price returning to weekly resistance now support?AUD/NZD price has today returned to a significant technical zone - the upper boundary of the weekly descending trend channel that has kept price in check for the past six years. Price broke to the upside from this channel in Early-August, which may signify a reversal in overall trend. However, price has performed breaks to the upside previously, only to then return back to the trend channel. Nonetheless as price action has returned to the upper boundary, we will be looking to see whether price action shows strong rejection on the daily timeframe, in which case we will enter long with an target of 1.095. If price breaks back into the weekly trend channel, we will then starting looking for potential short entries, to catch the ride back down to the lower boundary.
by TheForexFellows
AUDNZD shortMonthly 1 touch 2 touch makes a trend line 3rd touch usually completes the trend Weekly 1 touch 2 touch makes a trend line. 3rd touch to complete the trend. 1. Market has reached psychological level between 1.09100 and 1.10000. 2. Looking for 1 more weekly rejection candle to support bearish momentum to the down side. 3. Looking for confirmation in the lower time frame to take a sell. 4H 1. Waiting for price to retest 1.09500 or break up and even get to 1.09600 and create a zone to break out off heading down 2. If price respects 1.09500 and rejections candles are created will be looking to take a sell down to 1.08200
Short
by Mafora
AUDNZD NEW ANALYSIS!Hi Traders, here is the full Video UPDATE Analysis / Breakdown for AUDNZD. HIT THAT LIKE AND FOLLOW BUTTON! A like & a Follow or comment is a Free way to Show your support! Conditions - 1.Wait for confirmation(Wait For Price Action Confirmation / Market Environment Change ) 2.Use Risk Management (Risk 1% of your capital) 3.Do your Own analysis! 4.Follow for more Analysis like this! Your Support is Appreciated! See You in the next Educational Video / Analysis #likeandfollow
Short
by Global_Fx
2
AUDNZD, 4hr tf, double top pattern with ichimoku confirmationHello my friends, This pair come into my forex screener and i saw a promising setup to it. A double top pattern on the 4hr timeframe, price also already broken below the neckline and retested it. I got another confirmation from the ichimoku as price also broken below he bullish cloud. It also show sign that price could continue it declines as the cloud start turning red. Sell AUDNZD @1.0930 Stop loss @1.0970 Take profit 1 @1.0880 Take profit 2 @1.0830 Use only 1-2% risk Good luck Disclaimer : i sold this pair at 1.0930 as well
Short
by HayatoDragonFX
1
Sell Opportunity For AUDNZD!!! As we can see, I will be expecting the elliot wave movement to end soon with possible retracement movement. If we look into the price movement, we can see price moving up slightly to a potential resistance area (red area) where I will expect to see a nice rejection off there. As for retracement level, I will seeing it moving towards 1.0795 level where there is a rather strong support level with a nice 50.0 fib retracement if it moves toward that area. As of now, I will be looking for a BEARISH movement for this pair with possible retracement waves taking over. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!!
Short
by YGForex
AUD/NZD BUY SIGNAL Hey tradomaniacs, welcome to another free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation. LEAVE A LIKE AND A COMMENT - I appreciate every support! =) AUD/NZD: Daytrade-Preparation Market-Buy-Order: 1,09335 Stop-Loss: 1,08945 Target 1: 1,09705 Target 2: 1,09940 Target 3: 1,10180 Stop-Loss: 39 pips Risk: 0,5 % - 1% Risk-Reward: 2,21 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Long
by Trading2ez
5
AUD/NZD BUY SIGNAL Hey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! AUD/NZD: Daytrade-preparation Market-Buy-Order: 1,09580 Stop-Loss: 1,09260 Target 1: 1,09875 Target 2: 1,10010 Target 3: 1,10190 Stop-Loss: 32 pips Risk: 0,5 % - 1% Risk-Reward:2,0 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Long
by Trading2ez
8
AUDNZD H4 SHORT PRICE ACTION FORECAST With the price unable to break through the supply zone and the bearish divergence from the RSI indicator, we could expect a reversal in the price before any further upward movement. This pair could experience a healthy technical correction towards the Fib level 5.0 before getting a next impulse to register a new high. The current scenario allows the setup of a short order to capture the correction. The order: Type: sell-stop S/L: 31 pips - R:R | 1:4 - T/P: Fib golden level -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER
3
AUDNZD - BULLISH BIASAUD - BULLISH 1️⃣ Global risk appetite was boosted after governor of the People's Bank of China Yi Gang noted that China will continue implementing the phase-one economic and trade agreement with the US while measures aimed at opening up China's financial sector will continue. 2️⃣ Goldman Sachs raised its 2021 US GDP forecast to 6.2% from 5.6%, driven by expectations that at least one COVID-19 vaccine will be “widely distributed” by the end of the second quarter next year. NZD - BEARISH 1️⃣ New Zealand has reported its first coronavirus cases in 102 days and has announced it would slap new restrictions. 2️⃣ RBNZ policy will be left unchanged but risks are dovish. ===== TECHNICAL ===== - We are looking to long AUDNZD on RBS level + SMA50 area. - AUDNZD in bullish zone.
Long
by MonsunAsia
AUDNZD H1 SHORT PRICE ACTION FORECAST -UPDATE-Market bearish momentum was captured yesterday, as shown in the previous analysis. I didn't reach the T/P level, but it was a good entry for a 1:1.7 risk to reward ratio. Today, after reaching the previous resistance level in confluence with the retest of the ascending trendline, it allows shorting the pair again, with the following setup. The order: Type: sell-limit S/L: 20 pips - R:R | 1:2 - T/P: FIB level -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER
AUDNZD H1 SHORT PRICE ACTION FORECAST The price broke the bullish trend after failing to form a fresh HH. The price is under a strong bearish sentiment with the potential to experience a technical correction towards the FIB level from the extension tool. The current price structure allows the setup of a short entry with the following characteristics. The order: Type: sell-stop S/L: 22 pips - R:R | 1:2 - T/P: Fib level -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER