AUDNZD trade ideas
AUDNZD Ahead of RBNZ Rate DecisionAUDNZD Ahead of RBNZ Rate Decision
AUDNZD is in a well-defined bearish trend on the 4-hour chart
Tomorrow morning we have - the AUD RBA Interest Rate Decision
The market is expecting the RBA to keep rates unchanged at 4.35%
This decision may weight more on AUD in the short term.
We can see AUD moving down to 1.0750
You may find more details in the chart!
Thank you and Good Luck!
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AUDNZD Bullish Corrections: Heading Towards 1.096Analysis:
Following the recent impact of the Non-Farm Payroll (NFP) report, AUDNZD is showing signs of bullish corrections. The price has been correcting from the 1.082 region and is now making its way towards the 1.096 price point.
Key Points:
Market Developments: Recent market developments have sparked renewed interest and confidence in the AUD, leading to increased buying pressure against the NZD.
NFP Impact: The Non-Farm Payroll (NFP) report released last week significantly affected the market. As a result, we observed a sharp drop in AUDNZD, which caused traders to short the pair. Despite this, AUDNZD is demonstrating resilience and a bullish correction.
Support Level: The 1.082 region has shown strong support, acting as a solid foundation for the current upward movement.
Target: Based on current market momentum and technical indicators, the next significant resistance level appears to be around 1.096.
Technical Indicators:
Moving Averages: The 50-day and 200-day moving averages are converging, indicating potential for a bullish crossover.
Relative Strength Index (RSI): Currently trending upwards, suggesting increasing buying momentum.
Volume: There has been a noticeable uptick in trading volume, supporting the bullish outlook.
Conclusion:
With the support at 1.082 holding strong and the market reacting positively to recent developments, AUDNZD is poised for a move towards 1.096. The market's response to the NFP report, causing a sharp drop and subsequent short positions, adds an extra layer of volatility to monitor. Traders should watch for potential pullbacks and confirm the uptrend with volume and momentum indicators.
AUD/NZD 2 Day Chart AnalysisPrice is moving within an ascending channel and has rejected the top of the channel several times. Firstly December 2023, then May 2024 and now July 2024 at the 1.1130 zone. There was huge momentum to the downside this week and there is potential for more downside to the bottom of the channel around 1.0860.
AUDNZDhello everyone,
= weekly the price is still in uptrend direction..
= daily price is trending upward above 200ma, so price is may correct to trend support or support below..
= 4hr price may continue consolidating...
currently price has made a correction for higher tf but price target is above 1.12
no confirmation of bullish, wait for proper candle breakout and moving average crossing..
shorts on AUDNZDStop hunt reached at price 1.11500, with a lot of resistance, failed to breakout in the bullish pattern, It did cover the FVG made by the order block on top, still will goo down till 1.08750
AUDNZD still bullish to expect
AUDNZD strong zone breaked, strong indications for bullish continuation.
TP1: 1.15800
TP2: 1.17800
AUDNZD Set To Grow! BUY!
My dear subscribers,
AUDNZD looks like it will make a good move, and here are the details:
The market is trading on 1.0960 pivot level.
Bias - Bullish
My Stop Loss - 1.0905
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.1054
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
AUDNZDAfter the price reaches the specified level,
if you see the Bearish hammer candle in the one-hour ( SHORT POSITION),
and if the desired level is broken, after the pullback buy.
Consider your risk management before entering a trade.
This analysis is for informational purposes only and does not constitute investment advice.
All consequences of using this signal are at your own risk.
Shorting AUDNZD from first highlighted point of interestTaking a short from the first point of interest on AN.. Although price does have more room to move higher, the trade idea meets my initial requirements to take a low risk position. I do have a sell limit in place already.
Entry: 1.09819
SL: 1.09928
Feel free to share any thoughts or ideas about AUDNZD.
7 Dimension Sell Idea For AUDNZD Core Analysis Method: Smart Money Concepts
😇7 Dimension Analysis
Market: At monthly rejection or supply zone
Time Frame: H4
1: Swing Structure: From the monthly zone, the market formed a CHOCH with inducement, giving a corrective swing move as the 1st pullback mitigated the extreme wick OB and swept liquidity at the Premier zone.
🟢 Entry Model: ABCD
2: Pattern
🟢 CHART PATTERNS:
Reversal: Consolidation rectangle at supply level. Shakeout reversal Wyckoff method.
🟢 CANDLE PATTERNS:
Long wick: Hammer or hanging man but at the wrong place indicates a reversal. Momentum: Strict engulfing at the highest candle.
3: Volume:
Observed a very large selling volume on July 11th while the price was making new highs. This volume can be considered selling volume or profit-taking volume. Based on this volume, there is a very high chance that the price will go down.
4: Momentum RSI
🟢 Bullish to sideways zone with a proper range shift and multiple bearish divergences at the top indicate a sudden loss of momentum. Based on this, there is a high chance the price will go down.
5: Volatility Bollinger Bands
🟢 Contraction has started; the price might range for some sessions. After this, expect a lower band squeeze breakout and continuation to lower "walking on the band" condition. Here, a BB M pattern is also forming and a band puncher at the highest candle.
6: Strength: Everything is neutral yet.
7: Sentiment: Sell
✔️ Entry Time Frame: 15m
✅ Entry TF Structure: Bearish
✔ Entry Time POI: Mitigated
☑️ Trend line breakout: Yes
💡 Decision: Sell Limit
🚀 Entry: 1.1111
✋ Stop Loss: 1.1133
🎯 Take Profit: 1.1020
😊 Risk to Reward Ratio: 4 RR
🕛 Expected Duration: 10 days
SUMMARY: Analysis supports a strong sell position based on the Smart Money Concepts methodology, with expected bearish momentum and high potential reward.
AUDNZD-Bearish AUDNZD is going to enter in the bearish trend as price is rejecting from resistance zone with RSI divergence in play
Could it happen to the AudNzd currency?
Hello buddy
We are facing a long-term analysis.
The entry zone is activated when a candle closes below this zone.
The entry area, loss limit and profit limit are clearly defined.
Join me for more analysis
AUDNZD: Long Signal with Entry/SL/TP
AUDNZD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long AUDNZD
Entry - 1.0990
Sl - 1.0952
Tp - 1.1056
Our Risk - 1%
Start protection of your profits from lower levels
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AUDNZD Simple Trading Plans Tech/FundThe case sentiment wise is rallying AUDNZD continuously.
Any entries really should be light, would not be surprised if we drift to higher M levels going forward.
Levels above are noted by eclipse and reflect (M) Selling.
#AUDNZD bearish move possibilityAs can be seen in the chart, we have bearish divergence in the 4H and daily timeframes, suggesting that the price might have reached the end of its bullish move.
Furthermore, in the 1H timeframe, the price has managed to shift market structure towards bearish by breaking below the previous higher low. Now, the price seems to be completing a pullback to the broken short-term trendline and previous support zone, which now act as resistance.
Let me know if you would like me to publish an analysis in a lower timeframe on this chart to take advantage of this rally.
AUDNZD POTENTIAL SHORT OPPORTUNITYHello Everyone!
How are you all?
AudNzd is a pair to watch this week, because it has shaped up very nicely for a bearish trend continuation that we can capitalize on. Although it did not commit last week. This is where patience comes in.
So, I am still looking for a bearish continuation because of the following reasons:
1. The overall trend is bearish.
2. The price has formed a continuation structure.
3. The price has approached the value area structurally.
Game Plan:
If the price makes a bearish impulse followed by a 15mins flag with two highs and lows.
Entry : will look for a risk sell entry within the flag or a reduced risk entry on the breakout of the flag.
AUDNZD Possible sell move.CHoCH on the 4hrs indicating a possible sell move and price heading to the sell zone.
Remember: Risk Management very important
AUDNZD: Time To Expand The Pattern Even More?AUDNZD: Time To Expand The Pattern Even More?
Technical Analysis:
From 01-Jul-24 the AUDNZD is moving within a major corrective pattern.
The pattern shows strong horizontal resistance at the top and continues to expand at the bottom thus indicating that the volume of the drop is increasing each time the price resumes the downward movement.
AUDNZD can retest again the support line of the pattern near 1.1040
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
AUDNZD Trading Opportunity! SELL!
My dear followers,
This is my opinion on the AUDNZD next move:
The asset is approaching an important pivot point 1.1142
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.1115
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
AUDNZD: Curve Analysis (3D)TECHNICALLY:
The market is displaying a combination of signals. Although certain indicators point towards potential overbought conditions and selling pressure, most oscillators are showing a neutral stance. This discrepancy in indicators could indicate a phase of market consolidation or uncertainty, with the possibility of a significant move in either direction. Additional analysis, taking into account various technical indicators and fundamental factors, would be required to ascertain the potential future direction of the AUDNZD.
According to the moving average data for AUDNZD, there is a clear bullish bias. The alignment of most moving averages indicates a possible uptrend. Nevertheless, it's worth mentioning that the Hull Moving Average (HMA) is currently suggesting a sell signal. This could imply the presence of short-term resistance or a potential pullback. In general, the prevailing optimistic sentiment from the other indicators may overshadow this one negative signal, but it is important for traders to exercise caution and closely observe the movement of prices.
The Australian and New Zealand dollars hovered close to their lowest levels in months on Tuesday as investors eagerly awaited crucial local inflation data and a series of central bank meetings overseas that are expected to have a significant impact on the market. The Australian dollar dropped to $0.6535 against the US dollar, slightly above the lowest point it reached last week at $0.65105. The support level is located around $0.6455, while the resistance level is at $0.6595. The value of the New Zealand dollar appeared to be at risk, as it reached a level of $0.5870 against the US dollar. This is very close to its lowest point in April, which was $0.5853. A potential price break could lead to a target level of $0.5774, last observed in October 2023.
FUNDAMENTALLY:
The markets are anticipating the release of a significant report on Australian inflation on Wednesday. The findings of this report could have a significant impact on the possibility of another interest rate hike by the Reserve Bank of Australia (RBA). Projections indicate a modest increase of 1.0% in both headline consumer prices and core inflation during the second quarter. This would lead to a 3.8% annual CPI and 4.0% core inflation. That would exceed the RBA's target band of 2-3% and could lead to a closely contested decision at the central bank's upcoming policy meeting on Aug. 6. According to market indicators, there is currently a 22% probability of a quarter-point rate hike next week. However, the chances of a rate cut are minimal until at least April.
EUR/NZD Short and AUD/NZD LongEUR/NZD Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of interest.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
AUD/NZD Long
Minimum entry requirements:
• If area of value tapped into by way of a three touch structural approach, risk entry after a 15 min rejection from it.
