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AUDNZD downtrend may contiue further

ijayakumar Posted 14 Nov as Analysis on AUD/NZD, Target: 1.0442, Date: 1 di Gennaio, 12:00 GMT  in #Technical analysis #AUD/NZD #Audnzd #Price Action #Trend Line
AUD started appreciating after last week employment data, but still it cannot guarantee that this bullish channel will continue further, as Chinese economy has major influence over Aussie. Please find my chart analysis on this pair,
Weekly chart:

- This pair has formed a nice downtrend and double bottom but above the trend line resistance lot of pressure started arising and then downtrend continued and it is expected to form a triple bottom.
- Last 3-4 weeks strong push towards downside suggest…
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ijayakumar 20 Nov

Aussie dollar has started it's bull run against all the pairs more than what has been expected. Hence it may seem like this pair may finish well above the expected value unless if Chinese deteriorates again.

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ijayakumar 17 Dic

NZ has become more strong lately with Interest rate cut and also better GDP value. If current trend continues, this pair may reach the set target value!

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AUDNZD is trading with excellent Support/Resistance

ijayakumar Posted 6 Ott as Analysis on AUD/NZD, Target: 1.1235, Date: 1 di Dicembre, 12:00 GMT  in #Technical analysis #Patterns #AUD/NZD #Price Action #Strength #Candlestick
AUDNZD pair is expected to continue it's range trading, as it's trading with excellent Support and Resistance. Please find the analysis using charts,
Weekly chart:
- Weekly chart is clearly showing the struggle between the drawn pattern lines
- This pair is trading excellently in a range which is expected to continue further
- The same Resistance level is struggled in 2014 which shows that this level might breakout but not in near future
Daily Chart:
 - Daily chart just validates the informatio…
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ijayakumar 7 Ott

As NZ currency is getting stronger, this pair is expected to go bearish and end up in 1.07 range.

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