Get started

Australian Dollar / New Zealand Dollar

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

AUDNZD trade ideas

AUD/NZD Cross to Venture into Deeper Waters?The Research Team briefly touched on the AUD/NZD in an earlier release, but given the underperformance in the cross today, it deserves another look. Daily Support Giving Way The pair continues to echo a bearish vibe following Australia’s July CPI inflation (Consumer Price Index) report, which displayed price pressures had eased across all key measures. This is likely to weigh on the AUD in anticipation of further rate cuts out of the Reserve Bank of Australia (however, do bear in mind that investors are still only pricing in one cut for December at the moment). The Team noted that daily support from NZ$1.0880 exhibited a vulnerable tone and could cede ground, paving the way for follow-through selling towards an area of daily support between NZ$1.0724 and NZ$1.0756. As you can see, price action has failed to keep a hold on current support in recent movement. H1 Support Breach on the Radar Short-term flows on the H1 timeframe show declines have been confined between the limits of a descending channel, extended from the high of NZ$1.0981 and a low of NZ$1.0897. Following the release of Aussie CPI inflation numbers, you will see that, in one fell swoop, the cross briefly rallied from channel support to channel resistance, which happened to share chart space with another resistance coming in at NZ$1.0900 and held its position. Therefore, H1 support from NZ$1.0852 could be a base to watch, as a break south of this barrier would help corroborate the daily timeframe’s breach of support and potentially chart the way towards another H1 support level from NZ$1.0827.
Short
by FPMarkets
AUDNZD Possible 200pips move loading Hello guys, here's how I'm watching AUDNZD for a bullish push to the upside. Market is overally bullish by HTF Orderflow, and we're just looking for how to best capitalize on this potential move. Although, we're getting a serious test of the demand zone, we will still be watching for bullish momentum to kick in, especially seeing how AUD CPI Data is coming up in less than 6hours. Stay Reactive still and follow me for more ideas and high probability setups. OANDA:AUDNZD
Long
by Tradeforpipsfx
AUDNZD Expected Growth! BUY! My dear friends, Please, find my technical outlook for AUDNZD below: The instrument tests an important psychological level 1.0899 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.0910 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
AUDNZD selling ideaAustralia’s inflation outlook is becoming more complicated. The government now expects inflation to stay high for longer than they first thought. This is because demand in the economy is strong, but the supply of goods and services isn’t growing as fast as expected, according to Michele Bullock governor and chair of Reserve bank board, the next CPI might show a drop in inflation ranging 2-3 %, but this will just be temporary. The factors causing inflation are still there, and when the temporary government measures end, inflation is likely to go up again. this makes me feeling selling the AUDNZD at the near most liquidity engineering also may be due to substantial strengthening of New Zealand dollar which makes Australian dollar weaker and weaker
Short
by anoldmakala2904