AUDNZD Bullish

Analysis Price: 1.0893 (Updated: 17 May 2025, 17:48 UTC)

Comprehensive analysis for AUDNZD showing predominantly bullish sentiment with 89% of traders in long positions. Market structure, technical patterns, and key levels examined across multiple timeframes.

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Signal Overview

Bullish High Confidence Low Risk

Market Consensus:

89% Long

11% Short

Valid Timeframes:

M15 H1 H4 D1

Signal Analysis:

The analysis indicates a high confidence bullish bias for AUDNZD (signal strength: 78%). Supporting factors include: High probability (95%) support zone detected at 1.0868; AUD is showing relative strength against NZD (diff: 99%). Contradicting factors: Retail sentiment is 56% bearish. Risk assessment for this trade is low. This signal is most valid on the M15, H1, H4, D1 timeframes.

Sentiment Analysis

LONG SHORT

42% 58%

Historical Sentiment (7 Days)

Sentiment Interpretation

Neutral sentiment with a balanced distribution between long and short positions. This suggests indecision in the market, which could precede a significant move once a clear direction emerges.

Support & Resistance Analysis

Resistance Levels

R1: 1.0923 0.28% ↑

Analysis Price: 1.0893

Support Levels

S1: 1.0862 0.28% ↓

Market Regime:

Uptrend

Analyst Bias:

Unknown

Direction Probability:

70%

Price Position Analysis

Price is between support at 1.0862 (0.28% below analysis price) and resistance at 1.0923 (0.28% above), with slightly closer proximity to resistance. Watch for rejection confirmation at resistance or break above.

Chart Pattern Analysis

54%

Rectangle

Reliability:

54%

Detected: May 17, 14:39

Pattern Analysis Interpretation

Predominantly neutral patterns detected, suggesting a potential consolidation phase. The most reliable pattern is a neutral Rectangle on the H4 timeframe with 54% historical reliability. This pattern is currently only confirmed on the H4 timeframe.

High Probability Zones

Support Zone

95%

Zone Level:

1.0868

analysis price:

1.0893

Distance:

0.22%

Confluence Factors:

Inverse Head and Shoulders 38% Retracement Volume Spike

Valid on Timeframes:

H1 H4 D1 W1

High Probability Zones Interpretation

Price is extremely close to a high probability (95%) support zone at 1.0868. This presents a potential buying opportunity with stop loss slightly below the zone. Multiple confluence factors strengthen this level's significance.

Volatility Analysis

Select Timeframe:

Daily Range (pips):

39.0

Volatility Regime:

Low

Volatility Level:

10-Day ATR Trend

Volatility Interpretation (H1)

AUDNZD is exhibiting low volatility (2 percentile) with an expected daily range of just 39.0 pips. This reduced movement typically indicates consolidation or indecision in the market. Consider tighter stop losses but be aware that breakout potential increases after periods of low volatility.

Correlation Analysis

Top Correlations with AUDNZD

AUDJPY

0.83

NZDCHF

-0.81

NZDCAD

-0.81

NZDUSD

-0.80

GBPAUD

-0.79

Correlation Interpretation

Understanding how AUDNZD correlates with other pairs can help with portfolio diversification and risk management. Strong positive correlations (above 0.7) indicate pairs that move similarly, while strong negative correlations (below -0.7) show pairs that typically move in opposite directions.

AUDNZD shows strong positive correlation with: AUDJPY. This means these pairs tend to move in the same direction. Trading in the same direction on multiple correlated pairs increases portfolio risk, while finding divergences between correlated pairs can highlight potential reversal opportunities.

AUDNZD shows strong negative correlation with: NZDCHF, NZDCAD, NZDUSD, GBPAUD. This means these pairs tend to move in opposite directions. Negatively correlated pairs can be useful for hedging strategies or to confirm signals (a buy signal in one pair would be supported by a sell signal in the negatively correlated pair).

Currency Strength Analysis

Select Timeframe:

AUD

-0.29

Neutral

NZD

-0.21

Neutral

Relative Strength:

-0.08

Neutral Bias

Currency Strength Interpretation (M15)

AUD and NZD show similar strength levels on the M15 timeframe, with a relative strength of -0.08. This indicates a neutral bias for AUDNZD and suggests range-bound trading conditions may be more likely.

How to Use This Analysis

This comprehensive analysis provides multiple perspectives on AUDNZD to help inform your trading decisions:

Sentiment Analysis: Use to understand market positioning and potential contrarian opportunities
Support & Resistance: Identify key price levels for setting stop losses and take profits
Pattern Analysis: Recognize technical formations that may indicate continuation or reversal
Volatility Analysis: Adjust position sizing and risk management based on current market conditions
Currency Strength: Compare the relative performance of individual currencies within the pair
Correlation Analysis: Understand how this pair moves in relation to others for portfolio diversification

For optimal results, consider how these different factors align. The strongest trading opportunities typically occur when multiple analytical tools show confirmation across different timeframes.