Eurnzdshort
Yemi_Fx1 | Short for EURNZDIf price moves to the upper dynamic trendline of the ascending channel.
I'll be considering
A Risk entry type at the top of the bearish structure at an area of value.
Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.
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EUR/NZD Very Interesting To Buy It With 300 Pips Target !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURNZD possible short for 1.6770price within range of 400 pips since last 2 months. 6th February daily key reversal bar made a new high closed on the low. this key reversal bar breached the range high but price could not hold closing above the range. 7th February daily insurance bar confirms weakness for coming next few days. supply zone in 4h time frame i.e. 1.6970 & 1.7010. while 1.7060 daily supply zone for short. stop loss above key reversal bar high, target: 1.6770.
EURNZD FULFILL MY LAST IDEA. Next ScenarioEurnzd is exactly moving according my previous analysis ( tagged ).
Eurnzd is trading in marked range and now is at upper level of range resistance.
Here we have two trade scenarios 1st if market hold range then sell to the range support.
2nd if market break range and test it as support then buy with small SL.
Always trade safe and must use stop loss.
If you like this idea kindly appreciate with like button
EURNZD to see another early optimism?EURNZD - Intraday - We look to Sell at 1.6969 (stop at 1.7009)
Levels above 1.7000 continue to attract sellers.
Short term momentum is bullish.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 1.6869 and 1.6849
Resistance: 1.6914 / 1.6940 / 1.6970
Support: 1.6870 / 1.6830 / 1.6800
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD
Currently, according to the CURRENTLY STRENGTH, the EUR is slightly UP. The reason is that ECB RATE HIKE SENTIMENT is PRICE. The ECB is getting HAWKISH. Also, the NZD is going up a bit more than the EUR right now. Due to OVERALL MARKET RISK OFF, NZD is going down because COMMODITIES are going down.. Due to this, EURNZD is going up.
EURNZD can go up to the resistance area before going down again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can go up to 1.6938 LEVEL. After that, EURNZD can be SELL by BREAKING STRUCTURES and can SELL at 1.6100 LEVEL. So stay tuned for MARKET UPDATES.
EURNZD - Buy stop orders to take out ✅Hello traders!
‼️ This is my perspective on EURNZD .
We can see here pretty the same structure as on the picture, a lot of buy/sell stop manipulation, so know I expect price to take out buy stop orders higher.
Like, comment and subscribe to be in touch with my content!
EURNZD to stall at resistance.EURNZD - Intraday - We look to Sell at 1.6969 (stop at 1.7009)
Bespoke resistance is located at 1.6970.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Levels above 1.6970 continue to attract sellers.
We look for a temporary move higher.
Our profit targets will be 1.6869 and 1.6849
Resistance: 1.6900 / 1.6930 / 1.6970
Support: 1.6840 / 1.6800 / 1.6780
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Selling EURNZD at previous support.EURNZD - Intraday - We look to Sell at 1.6879 (stop at 1.6919)
Short term momentum is bearish.
The bearish engulfing candle on the 4 hour chart is negative for sentiment.
There is no clear indication that the upward move is coming to an end.
Previous support at 1.6680 now becomes resistance.
We look for a temporary move higher.
Our profit targets will be 1.6779 and 1.6759
Resistance: 1.6740 / 1.6780 / 1.6810
Support: 1.6670 / 1.6630 / 1.6600
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Sell on EURNZD from 1.70950We've got a strong zone of confluence from this area around the 61.8% fibonacci. A daily previous high and wick is present, a round number and of course the 61.8 fib. EN seems to enjoy round numbers so with added confluences at the zone we should see a decent reaction from the allotted spot price.