AUDNZD momentum continuation scenario | trade of the week | 24.02.2026
AUDNZD could be setting up for a short-term momentum continuation as strong relative strength in the Australian dollar pushes the pair into a price discovery phase. Explore our better-than-market trading conditions on our website: https://bit.ly/Exness-homepage-mo In this week’s Trade of the Week, we note that the previous Nikkei momentum idea has just been triggered and may require more time to develop. Since the beginning of 2025, 36 out of 48 published ideas have been successful — a 73% hit rate. Now the focus shifts to AUDNZD. The pair has jumped around 180 points above the 20-day moving average — more than three times its average daily volatility — signaling strong momentum. Statistical swing data also suggests continuation, with most similar historical moves extending for several more days. A potential target stands near the 1.19 level. Fundamentally, the Australian dollar is supported by rising 10-year bond yields relative to New Zealand, attracting capital inflows. Gold — a key driver for AUD — remains in an upswing, with COT data showing elevated commercial positioning. With no major economic releases scheduled, traders will monitor geopolitical tensions, particularly US–Iran developments, as gold-sensitive catalysts. Trading is risky. Always do your own research and manage your risk carefully. #AUDNZD #forex #tradeoftheweek #momentumtrading #gold #CFDtrading
Read EXNESS Broker Review February 25, 2026 at 06:45PM Exness
0 Comments