Read the full trading signal here: https://tonisignals.com/audusd-signal-24th-march-2023.html

We have a short term bearish outlook for NZDUSD.

There are 3 bearish confluences on the 1H chart. Here is what our model has found:

- The fast period and the slow period moving averages are currently in a bearish cross. Both moving averages have downward momentum. This is a short term bearish signal.

- The 1H RSI has made a sustained push below the 50% level and is trading below 45. This is a short term bearish signal.

- The 1H MACD Signal line & Histogram are currently giving mixed signals.

- Price is trading above the 1H Parabolic SAR. This is a short term bullish signal.

- The Previous 1H Candle was a bearish engulfing candle. This is a short term bearish signal.

- Our custom 1H Stochastic is giving a mixed reading. There is no signal derived from the indicator.

Gold was giving a short term bearish signal yesterday.

The short term signal has returned to mixed, and the long term signal remains bullish.

Is the bull trend about to resume? On the daily chart:
- the MACD gives a bullish signal
- RSI gives a bullish signal
- SAR gives a bullish signal
- Stoch gives a bullish signal

Following this, gold turned bullish and closed the day up! Well done to all that caught this move.

There are 5 bearish confluences on the XAU/USD 1H chart. Here is what our model has found:

- The fast period and the slow period moving averages are currently in a bearish cross. Both moving averages have downward momentum. This is a short term bearish signal.

- The 1H RSI has made a sustained push below the 50% level and is trading below 45. This is a short term bearish signal.

- The 1H MACD Signal line & Histogram are both trading below 0 in a bearish cross. This is a short term bearish signal.

- Price is trading below the 1H Parabolic SAR. This is a short term bearish signal.


- Our custom 1H Stochastic is giving a bearish reading. This is a short term bearish signal.

Price has broken the downtrend that it has been in all of 2024 so far.

Mid term support has now formed at 0.6540.

Resistance stands at 0.65950.

If price is unable to make a sustained push above 0.65950 then we will view this as a trading range.

Otherwise, our outlook remains bullish.

Hi Traders, Australian employment data is approaching in 1h time.

Trade idea: SELL
Stoploss: 0.6375
Target: 0.6320

Thesis:
AUDUSD has not yet traded below the weekly open, though the strong bullish momentum from earlier this week has subsided.

Price has made a pullback into a consolidation zone, and we're now seeing this zone as a resistance zone.

ToniSignals is back with a bang!

We'll be sharing the BEST trade setups again, with several ideas a week, in the aim of bringing you BIG PROFITS!

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New Signal - NZD/JPY SELL

Stoploss: 86.750
Target: 84.720

Thesis:
NZD/JPY has had a recent rally to the downside, and we expect this momentum to continue through todays EU & US session. This short pullback into a order block gives us a short trade setup.

New Signal - US OIL (XTI/USD) SELL

Stop Loss: 69.20
Target: 67.40

Thesis:
We're selling the topside of the USOIL range, anticipating that oil continues trading in this range.

New Signal - EUR/USD BUY

Stop loss: 1.0770
Target: 1.0920

Thesis:
Price has been trading a range and is at range support. We are buying the range support, anticipating a bullish move.

New Signal - NZD/USD BUY

Stop Loss: 0.57020
Target: 0.57950

Thesis:
NZDUSD has made a deep retracement from the last bullish movement, and the retracement appears to running out of steam at this order block. This trade offers a fantastic 3:1 return on risk!

NZDUSD moving nicely in our favour!

New Signal - AU200 BUY

Stop: 7835
Target: 8112

Thesis:
AU200 is correcting from the bearish move. Whilst the short term bull market run plays out we continue to look for upside. That said our long term outlook is bearish.

NZDJPY Buy

Stop: 79.300
Target: 84.420

Thesis:
NZDJPY is at a multi week support zone, and we anticipate some consolidation here following last weeks volatile downside!

Gold Buy

Stop: 2,950
Target: 3,040

Thesis:
Gold is at the year-to-date trendline, and a price structure zone, both acting as support. Fundamentally, there is uncertainty as to Tariff responses, which may drive gold price higher.

US OIL BUY

Target: 67.50
Stop: 59.00

Thesis:
Oil has stabilised above the $60 mark, and has now broken above last Friday's high price. We're trading the breakout of fridays range to the upside.