AUD/NZD Price Analysis: Bulls and bears in battle on backside of trend

Malaysia News News

AUD/NZD Price Analysis: Bulls and bears in battle on backside of trend
Malaysia Latest News,Malaysia Headlines
  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

AUD/NZD Price Analysis: Bulls and bears in battle on backside of trend AUDNZD Technical Analysis

AUD/NZD is on the back side of the prior trendline resistance and an M-formation is forming which is a reversion pattern:AUD/NZD bulls need to show up and get the price on the back side of the bearish trend on the hourly chart form above 1.0700 support area.Information on these pages contains forward-looking statements that involve risks and uncertainties.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FXStreetNews /  🏆 14. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Natural Gas Price Analysis: XNG/USD bulls approach $2.48 resistance confluenceNatural Gas Price Analysis: XNG/USD bulls approach $2.48 resistance confluenceNatural Gas Price (XNG/USD) remains firmer around $2.42, up for the third consecutive day while flirting with the highest levels in two weeks during e
Read more »

EUR/USD Price Analysis: Bulls eye a run to test trendline resistance near 1.0900-20EUR/USD Price Analysis: Bulls eye a run to test trendline resistance near 1.0900-20EUR/USD bull's eye a strong continuation on the correction to the 38.2% Fibonacci 1.0900 and then1.0920s as the 50% mean reversion area. EUR/USD daily
Read more »

AUD/USD Price Analysis: Bulls are holding the fort, eye 0.6720AUD/USD Price Analysis: Bulls are holding the fort, eye 0.6720AUD/USD has moved up to challenge the 0.6700 area in a 38.2% Fibonacci retracement of the bearish run in the M-formation, a pattern illustrated in the
Read more »

GBP/USD Price Analysis: Bulls eye a deeper daily correctionGBP/USD Price Analysis: Bulls eye a deeper daily correctionAs per the prior analysis, GBP/USD Price Analysis: Bulls looking for the deceleration in supply, eye 1.2500, whereby the pair was running into a poten
Read more »

GBP/USD Price Analysis: Cable bears eye further downside towards 50-DMAGBP/USD Price Analysis: Cable bears eye further downside towards 50-DMAGBP/USD remains pressured around mid-1.2400s during early Monday, after posting the biggest weekly loss since late January in the last. In doing so, t
Read more »

EUR/USD Price Analysis: Euro bears poised to meet 100-DMA around 1.0800EUR/USD Price Analysis: Euro bears poised to meet 100-DMA around 1.0800EUR/USD holds lower ground near 1.0850 as bears take a breather after refreshing the monthly low during early Monday. Even so, the Euro pair sellers r
Read more »



Render Time: 2025-02-28 16:34:53