• Key Factors to Watch in AUD Crosses

    We’ve had some important developments in the fundamental backdrop for AUD recently that are worth discussing. These developments are particularly evident in the price action of AUDNZD and AUDJPY. Rate Movements Driving AUDNZD So, looking at AUDNZD we’ve seen a large move higher recently in the wake of the RBNZ unexpectedly cutting rate by .5% […]

  • AUDNZD potential reversal!

    AUDNZD expected to rise up to 1st resistance at 1.04550 where it could potentially react off and drop down to 1st support at 1.03698. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • AUDNZD bounced from support, potential for a further rise!

    AUDNZD bounced off its support at 1.04792 where it could potentially rise further to 1.05299. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

  • Summary

    We are seeing a nice setup on NZDCAD and NZDJPY as it is approaching resistance where we are expecting a drop below this level. AUDNZD dropped perfectly from our first resistance to hit our major support target: https://www.tradingview.com/chart/AUDNZD/qtnSzKJ2-AUDNZD-approaching-resistance-potential-drop/

  • AUDNZD approaching resistance, potential drop!

    AUDNZD is approaching our first resistance at 1.0370 (horizontal pullback resistance, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level to our major support at 1.0341 (38.2% Fibonacci retracement). Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries […]

  • AUDNZD approaching resistance, potential drop!

    AUDNZD is approaching our first resistance at 1.0678 (horizontal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 1.0538 (horizontal overlap support). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries […]

  • AUDNZD approaching resistance, potential drop!

    AUDNZD is approaching our first resistance at 1.0678 (horizontal overlap resistance , 50% fibonacci retracement, 100% fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 1.0538 (horizontal overlap support). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price should […]

  • AUDNZD approaching resistance, potential drop!

    AUDNZD is approaching our first resistance at 1.0857 (horizontal pullback resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur pushing price down to our major support at 1.0780 (horizontal overlap support, 76.4% Fibonacci retracement). RSI (55) is also seeing a bearish exit and we might see a corresponding drop in price. […]

  • AUDNZD approaching support, potential bounce!

    AUDNZD is approaching our first support at 1.0861 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 1.0994 (horizontal overlap resistance, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching support and we might see a corresponding rise […]

  • AUDNZD approaching support, potential bounce!

    AUDNZD is approaching our first support at 1.0861 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement) and a strong drop might occur below this level pushing price up to our major resistance at 1.0994 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching support and we might see […]

  • AUDNZD approaching resistance, potential bounce!

    AUDNZD is approaching our first support at 1.0861 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 1.0986 (horizontal overlap resistance, 78.6% Fibonacci retracement). Stochastic (89,5,3) is also approaching support and a bounce off this level might […]

  • AUDNZD testing resistance, potential drop!

    AUDNZD is testing our first resistance at 1.0993 (horizontal overlap resistance, 50%, 76.4% Fibonacci retracement) and a strong might occur below this level pushing price down to our major support at 1.0920 (61.8% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance and a reaction below this level might see a corresponding drop in price. Trading […]

  • AUDNZD approaching support, potential bounce!

    AUDNZD is approaching our first support at 1.0858 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur pushing it up to our major resistance at 1.098 (horizontal overlap resistance, 38.2% Fibonacci retracement). Stochastic (55,5,3) is approaching support where we might see a corresponding rise in price should it […]

  • AUDNZD approaching resistance, potential drop!

    AUDNZD is approaching our first resistance at 1.0986 (horizontal overlap resistance, 50%, 61.8% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.0861 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension). Ichimoku cloud is also showing signs of bearish pressure in line with […]

  • AUDNZD approaching resistance, potential drop!

    AUDNZD is approaching our first resistance at 1.0986 (horizontal overlap resistance, 100% Fibonacci extension, 50%, 23.6% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 1.0858 (horizontal swing low support, 61.8% Fibonacci retracement, 100% Fibonacci extension). Stochastic (89,5,3) is also approaching our major resistance where […]