Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

TL Staff

Other AUD & NZD Pair Discussions (GBPNZD, EURAUD, AUDCAD Etc.)

Recommended Posts

AUS/USD--->For Aussie:

Last five quarters of Aussie GDP - hovering near 0.6% and 0.5% (which seems to be positive to stable factor for the pair)

Cash rate expected to remain stable....Trade balance may show some signs of improvement wrt to prior couple of months....

 

In 4HR chart also: 0.9133-35 levels must be broken for near term 0.9180-95 regions and in order to achieve the overall target of 0.9250 areas.

Share this post


Link to post
Share on other sites

GBP/AUD

 

Some S&R possible swing trades:

Place GBP/AUD Sell order at 1.8687 Stop @ 1.8787 Close half @ 1.8637, move stop to 1.8687 Close rest @ 1.8587

 

Place GBP/AUD Buy Order at 1.9227 Stop @ 1.9127 Close half @ 1.9277, move stop to 1.9227 Close rest @ 1.9327

 

When one opens, cancel the other.

Share this post


Link to post
Share on other sites
GBP/AUD

 

Some S&R possible swing trades:

Place GBP/AUD Sell order at 1.8687 Stop @ 1.8787 Close half @ 1.8637, move stop to 1.8687 Close rest @ 1.8587

 

Place GBP/AUD Buy Order at 1.9227 Stop @ 1.9127 Close half @ 1.9277, move stop to 1.9227 Close rest @ 1.9327

 

When one opens, cancel the other.

 

This order is cancelled. Have a nice weekend all.

Share this post


Link to post
Share on other sites

As is seen from the chart, Aud/Chf has been moving inside a declining channel. Right now, its at the upper resistance, and at TradeCuts our analyst has marked 0.8365 - 0.8380 as the Entry Zone, with stops at 0.8425 and take profit levels at 0.8320. Initially a risk:reward of 1:1, but on a move of 25 points our trailing stop loss gets activated and price comes to break even.

For detailed information about how we take and manage our trades please write to us and visit us.

Regards,

5aa7122c78915_AUDCHFjuly11.thumb.jpg.e0c655cc52c9da0bb6e6e4e453f6d822.jpg

Share this post


Link to post
Share on other sites

NZDUSD; looks to me like the pair has found some support (and a good place to take profits) at .81223. I believe this small retracement will only last until previous support is met at around .82477. From this level traders will most likely see the price fall dramatically over the next 7-14 days.

Share this post


Link to post
Share on other sites

Tonight we have the RBA announcement . Most are expecting a dovish statement. If it is unchanged, we could see some relief for the AUSSIE.

 

 

Therefore

 

Buy AUD/JPY at 99.65

Stop at 99.05

Close 1/2 at 99.95

Close rest at 10150.

Share this post


Link to post
Share on other sites

For the first time since October, AUD/NZD is attempting to close above its 20-day Simple Moving Average. Historically, this has been a strong signal for short and medium term reversals in the currency pair. In 2014 AUD/NZD closed above the 20-day SMA on 8 occasions and 8 out of 8 times, which is 100% of the time its move extended for a minimum for anywhere between 40 and 300 pips with an average gain of 170 pips.

AUDNZD_0112151-1024x428.thumb.png.c8453077bf525313316bbf90a359143d.png

Share this post


Link to post
Share on other sites

Yesterday AUD/NZD broke down a bearish flag with a 1000 pips pole. As it is very close to its all time low already, another 1000 pips bearish move (which is the move you should expect according to Murphy technical analysis bible ) would bring it to a historical all time low.

So in case I do have a bearish signal on that pair, may be on a retest of the broken flag, I will let a tiny part of the trade open even if I hit my TP. Just in case . :missy:

2015-02-04_1016_AUD_NZD.thumb.png.6e4b9c3424b5cbd64ac20da0d19c6573.png

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • I am willing to share the subscription cost. Let me know if you are interested 
    • My guess is that the COT numbers are based on Tuesday figures. So a weekly chart wouldn't distinguish between the different numbers on Monday and Tuesday.
    • 4 months in and Marketsmith has done really NOTHING for me......still waiting for that stock that will make the year worth it and pay for the $1500 dollar price tag......the paper has become virtually useless......especially since I used it for Political mostly political reference with Issues and Insights.......the rest of the paper is mostly geared to Stock advisers.....not the regular guy........way to boring saying nothing but how to treat guys like me.........this could be my last year.
    • Date : 22nd July 2019. MACRO EVENTS & NEWS OF 22nd June 2019.No deal Brexit risks will continue to unsettle markets next week as the two candidates hardened their rhetoric in end stages of the party elections. The ECB however will stand out as the event of the week,with Brexit uncertainty an important part of the overall outlook. Have a look at the most important events of the coming days in our usual weekly publication. Tuesday – 23 July 2019   The announcement of the next Prime Minister of the UK – Event of the week – Original Brexit campaigner Boris Johnson remains the front runner in the race and is widely expected to be confirmed as the new Prime Minister next Tuesday. Housing Data (USD, GMT 14:00) – A steady rate is anticipated for existing home sales in June at the firm 5.340 mln pace seen in May. The median sales price is estimated to ease to $275,000, for a y/y gain of 0.4%, down from 4.8% in May. In Q1, we saw an average sales pace of 5.207 mln. In Q2, a better 5.297 mln pace is expected. Wednesday – 24 July 2019   Services and Manufacturing PMI (EUR, GMT 07:30) – Preliminary Composite PMIs for Eurozone and Germany are expected to fall in July, to 51.8 and 52.5 respectively, while the Manufacturing PMIs are forecasted at 48.0 and 45.4 respectively. Services and Manufacturing PMI (USD, GMT 13:45) – Preliminary Manufacturing and Services PMIs are expected to decline in July, to 50.4 from 50.6 and 51.0 from 51.5 respectively. Thursday – 25 July 2019   German IFO (EUR, GMT 08:00) – German IFO business confidence is expected to slip to 96.7, after it held steady the past 2 months around the 97 barrier. Event of the week – Interest rate Decision and Conference (EUR, GMT 11:45) –The ECB is meeting on July 25, – shortly after the confirmation of the new PM in London and ahead of the Fed, which is widely expected to cut rates again at the end of the month. On balance, markets see more merit in keeping official rates unchanged next week, while moving to an official easing bias and promising that rates will be at “current or lower” levels well into next year. ECB Monetary Policy Statement (EUR, GMT 12:30) -The July meeting will clearly be a “live” one with doves and hawks battling it out over when to deliver the now widely expected easing measures. It is expected that the majority will see more merit in keeping policy settings unchanged, but change the guidance to introduce a clear easing bias. Durable Goods (USD, GMT 12:30) – Durable goods orders are expected to rise 1.0% in June, after a -1.3% figure in May. Transportation orders should rise 2.7%. Boeing orders rose to only 9 from just zero in May, with weakness due to the hit from problems with the Boeing 737 Max that prompted buyers to delay new purchase commitments. Vehicle assemblies should ease to 11.1 mln from an 11.3 mln pace in May. Durable shipments are expected to rise 0.5%, and inventories should rise 0.6%. The I/S ratio is expected to hold steady at 1.67 since April. Friday – 26 July 2019   Gross Domestic Product (USD, GMT 12:30) – Gross Domestic Product is expected to grow 1.8% in Q2, with a sturdy 2.4% growth rate for final sales thanks to solid growth rates of 3.9% for personal consumption and 4.3% for government purchases, alongside a big $27 bln unwind of the Q1 inventory pop. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.