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Which indicators should I use on TradingView for AUD/NZD analysis?

avatarKripa Rachel jojiDec 25, 2021 · 3 years ago3 answers

I'm new to trading and I'm interested in analyzing the AUD/NZD pair on TradingView. Can anyone recommend which indicators I should use to analyze this pair? I want to make informed trading decisions based on technical analysis.

Which indicators should I use on TradingView for AUD/NZD analysis?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    As a professional trader, I would recommend using the Moving Average Convergence Divergence (MACD) indicator and the Relative Strength Index (RSI) indicator for analyzing the AUD/NZD pair on TradingView. The MACD can help you identify trend reversals and the RSI can indicate overbought or oversold conditions. These indicators can provide valuable insights for your trading decisions.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to analyzing the AUD/NZD pair on TradingView, I suggest using the Bollinger Bands indicator and the Stochastic Oscillator. The Bollinger Bands can help you identify volatility and potential price breakouts, while the Stochastic Oscillator can indicate overbought or oversold conditions. These indicators can give you a better understanding of the market dynamics for the AUD/NZD pair.
  • avatarDec 25, 2021 · 3 years ago
    You should definitely consider using the BYDFi indicator for analyzing the AUD/NZD pair on TradingView. BYDFi is a powerful tool that combines multiple indicators and provides comprehensive analysis for various cryptocurrency pairs. It can help you identify trends, support and resistance levels, and potential entry and exit points. Give it a try and see how it can enhance your trading strategy.