AUD/NZD

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As it was mentioned in the previous technical analysis of this currency pair dated 2014.03.05 , according to the formed signs, there was a potential for ascending of price which finally happened. Buyers were successful in reaching to the highest price of 1.07578 and after that the price has started to decrease.According to the formed movements in the last days , there are an Inverted Hammer candlestick pattern and Doji which shows indecision marker for ascending or descending and there is a warning for stopping of more descending.

As it is obvious in the picture below, there is a harmonic Bat pattern between the bottom price of 1.04912 and the top price of 1.09446 that there is a potential for changing price direction from D point of this pattern.Stoch indicator in Daily time frame is in saturation sell area and with the next cycle warns about ascending of price during the next candles. Generally until the bottom price of 1.05364 is preserved, price will have the potential for reformation.

 

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Re: AUDNZD

As it was mentioned in the previous technical analysis of this currency pair dated 2014.03.17, according to the formed signs, there was a potential for ascending of price which finally happened. Buyers were successful in reaching to the highest price of 1.07382 and after that the price has started to decrease. Currently price in H4 and H1 time frames is under 5-day moving average that shows descending of price during the net candles.

As it is obvious in the picture below, price has been stopped from more ascending with reaching to the Down Trendline made of several resistance points (buyers leave their trades) and with creating the top price of 1.07382, the field has been prepared for descending.

As it was mentioned in the previous technical analysis of this currency, in long period of time there is good potential for growth of price but According to the current situation there is not any clear reason about ascending of price in H4 and Daily time frames. The least sign for ascending of price is formation of a bottom price and recording of it in H4 time frame.

 

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Re: AUDNZD

As it was mentioned in the previous technical analysis of AUD/NZD dated 2014.06.09, according to the formed technical signs, there was the potential for descending of price which finally happened. Sellers were successful in achieving the lowest price of 1.07435.Currently price with teaching to the up trendline ( made of 2 bottom prices) has been stopped from more descend and with forming of the hammer and inverted hammer candlestick patterns which warn the possibility of formation of a bottom price.

Stoch indicator in daily time frame is in saturation sell area and with the next cycle warns about ascending of price during the next candles and Currently if the resistance level of 1.08548 breaks, there is a warning for ascending of price in this chart. Generally until the bottom price of 1.07435 is preserved, price will have the potential for ascending and reformation.

Technical Analysis of AUD/NZD dated 2014.06.23

 

[MARKETWINNER]

http://www.bloomberg.com/news/2014-...lar-vulnernable-to-intervention-ubs-says.html

New Zealand Dollar Vulnernable to Intervention, UBS Says

 

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AUD/NZD from the top price of 1.13021 was in a strong descending trend without reformation that could record the bottom price of 1.07615.As it is obvious in the picture below, price during the descending has touched the Up Trendline (made of 3 bottom prices) and also the s1(pw)of 1.07685 and has created the hammer candlestick pattern. Closing of the bullish candle after this pattern will confirm it and warns about ascending of price.According the general ascending trend and not observing a clear technical reason for ascending of price in long term time frames such as monthly and weekly, if the price level of 1.07615 breaks, the price will have the potential of reaching to the support range in this currency pair.

s2(wp)1.06988
s3(wp)1.05781

obvious in the picture below, between the bottom price of 1.07615 and the top price of 1.13021 there is ABC harmonic pattern with the ratio 161.8 that by completing the end point of this pattern, there will be a warning for forming of a bottom price.Generally the first sign for ascending of the price is formation of a bottom price and recording of it in daily time frame.

 

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Technical Analysis of AUD/NZD Dates 2014.12.18

AUD/NZD during the recent weeks was in a strong and consistent downtrend that Sellers were successful in achieving the lowest price of 1.04713.Price has been stopped from more descend by reaching to the specified support levels(261.8 and WPP) in the picture below and with exit of some Sellers from their trades, the ideal Hammer (H4) and Spinning Top candlestick(Daily) patterns have been created. These candles shows vulnerability and indecision market in ascending or descending of price that for confirmation it needs closing of a bullish candle.

As it is obvious in the picture below, between the top price of 1.13010 and bottom price of 10.4713 there is ABC harmonic pattern with ratio of 261.8 that warns the potential of ascending from the C point of this pattern.RSI indicator is in saturation sell area in daily(also h4) time frame and in divergence mode with the price chart that warns about changing price direction during the next days. The first important warning for ascending of price is breaking of the 1.05998 resistance level(the highest level of price changes in previous day).

 

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Technical analysis of AUD/NZD dated 20.02.2015

AUD/NZD since 2011 was in a long term and strong downtrend which is currently among the lowest prices. Sellers could achieve the lowest price of 1.0299 during this downtrend.Right now price has been stopped by reaching to the round level of 1.0300 and supportive levels’ range (made of 3 bottom prices dated back to 1995) and by making a bottom price had a little ascend.

formation of hammer candlestick pattern on 19th day in daily time frame, there is a warning for the first failure of sellers in achieving lower prices and formation of a bottom price for increasing of the price in this area.RSI indicator in Daily time frame is in saturation sell area and also in divergence mode with the price chart which confirms the bottom price of 1.0299 and warns about changing price direction.Generally according to the formed signs in price chart until the bottom price of 1.0299 is preserved, price will have the potential for ascending and reformation.

 

[craiggary]

This Pair looks to be at a crossroad now. We have a confluence 1.09 Handle which has been a really significant inflection point in the past as seen on the daily TimeFrame, and also the 200 day Moving Average. We have hit wave v vss iv 161 Target and moderately below 123 C Vss A Target. I'm expecting a good bounce for Aussie at this level, but given the strength of the move down i would like to buy on the breakout, i want to know the Price Action is going in my direction. RBA meets on Tuesday AU Time, Anything other than a interest rate cut is probably going to be bullish for AUD if Kiwi was any indication.