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AUDUSD & NZDUSD
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AUDUSD & NZDUSD Technical Analysis

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Daily technical analysis based trade tips and ideas for forex AUDUSD & NZDUSD. Our report outlines clear and precise trade entry levels with profit targets and stop loss levels across a broad range of prices for the intraday. To gain an edge in the markets, successful professional traders need a daily trading plan and must be aware of important support and resistance levels. We ensure you are fully prepared to maximise profitable trading opportunities throughout each day, minimising your risk, maximising your profits and taking away the element of gambling.



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AUDUSD & NZDUSD - Spot
AUDUSD lower as expected. We wrote: shorts have worked perfectly all this week with over 100 pips potential profit as we close in on my target of 6880/75 then 6865/60.
We bottomed exactly here for a potential 180 pips profit on the week.

NZDUSD topped exactly at our selling opportunity at 6575/85 & collapsed to 6530/25 before hitting 6512.
Today's Analysis
19 May 2019 Updated at 00:00am GMT
AUDUSD bottomed exactly at my target of 6865/60. Below targets 6820/15 & 6795.
Severely oversold but gains are likely to be limited until we see a buy signal. Minor resistance at 6890/95. Try shorts at 6910/15 with stops above 6925. Try shorts again at 6940/45 with stops above 6965.

NZDUSD holding below 6530/25 targets 6500/90 & 6470/60. Further losses retest important support at the 2018 low of 6432/22.
Gains are likely to be limited in the bear trend with first resistance at 6550/55. A high for the day possible but above here try shorts at 6570/80, with stops above 6590.
Chart
Technical Analysis AUDUSD _ NZDUSD
Today's Video Analysis
SEEN ENOUGH?