AUDNZD Bulls to Show Their True Power

audnzd forex pair elliott wave chart

Nearly a month ago, on April 6th, the AUDNZD exchange rate was trading close to 1.0820, after falling from as high as 1.1018. But instead of buying the dip right away, in an article called “AUDNZD Navigating Through Elliott Waves”, we suggested traders would be better off waiting for the pair to improve the risk/reward ratio…

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AUDNZD Navigating Through Elliott Waves

audnzd elliott wave chart

AUDNZD was trading close to 1.0730 on February 21st, after a strong recovery from as low as 1.0324. Despite the speed and sharpness with which the pair was rising, the Elliott Wave Principle suggested the bears were likely to “drag the rate back down to the area near 1.0600, where new long opportunities should present…

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AUDNZD Accelerated Fast. Time to Rest?

AUDNZD bulls got their revenge after months under bearish oppression It has been just 15 days since the last time we wrote about AUDNZD. On February 6th, the pair was trading around 1.0480, but we thought it was unlikely to remain there for long, because, as the chart below will show, our Elliott Wave analysis…

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AUDNZD Stubborn Bears Finally Surrender

On December 30th, 2016, we published “AUDNZD Bears Weaker Than They Appear.” At the time of writing of that article, while the pair was trading near 1.0380, we thought the bulls should soon return and lift AUDNZD much higher. The reason for that optimism was the Elliott Wave analysis of the chart below. As visible,…

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AUDNZD Bears Weaker Than They Appear

If you have read our last ARTICLE about AUDNZD, you know we had a long-term bullish outlook on the pair two months ago. We still do. However, instead of up, the cross has been going down ever since and is trading around 1.0385 as of today. We know it could be difficult to stick to…

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AUDNZD’s Bull Party is About to Get Louder

AUDNZD was trading around 1.0460 on June 29th, when we published “AUDNZD to Throw a Surprise Bull Party”(see original article), where we shared our opinion, that, based on Elliott Wave analysis, we thought the pair is suitable for long-term buys, as long as 1.0019 was safe. Currently, AUDNZD is trading around 1.0650, after climbing as…

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AUDNZD to Throw a Surprise Bull Party

AUDNZD climbed as high as 1.1332 in March, but thing did not go very well for the bulls, who lost control and allowed the bears to sink the pair to 1.0408 as of June 9th, 2016. Just as it was all looking bullish three months ago, it is all looking bearish now. And that is why…

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AUDNZD, So Far So Good. Bears, Beware.

On September 2nd, we published “AUDNZD With Great Growth Potential”. However, one of the two most probable counts suggested “the pair could fall as low as 1.06, before uptrend resumes”. The only reason for this assumption was the daily chart of AUDNZD. It is given below. As visible, AUDNZD was trading near 1.1060 back then, which…

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AUDNZD With Great Growth Potential

AUDNZD has been trading between 1.1430 and 1.0900 since the beginning of July. Trading in ranges is much more difficult than following the trend. So, could we expect the pair to start trending soon? The Elliott Wave Principle might help us find the answer. Let’s check a daily chart of AUDNZD, in order to see…

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