AUD/NZD chart - Trading View
AUD/NZD was extending bearish streak for the 8th straight week, outlook bearish.
The pair has breached major trendline support, scope for further downside.
Technical analysis points to further downside in the pair. Momentum is strongly bearish.
ADX is rising with +ve DMI dominance, aiding further weakness. MACD is below zero mark.
Price action is below cloud and major moving averages and Chikou span is biased lower.
GMMA indicator shows major and minor trend are strongly bearish on daily and weekly charts.
Breach below trendline support has opened downside. Next bear target lies at 1.0307 (Jan 2020 low).
On the flipside, 5-DMA is immediate resistance at 1.0409. Near-term bearish invalidation only above 21-EMA at 1.0460.


FxWirePro: GBP/USD advances on steady UK GDP growth
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: GBP/AUD moves lower on weak UK data
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR edges higher but bearish outlook persists
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major US Indices
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
FxWirePro- Woodies Pivot(Major)
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 



