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Eurnzdshort

EUR/NZD SELL 4H 📉Hello and welcome traders to another trade idea with Fobian ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 👉 WE are waiting for conformation: - We have big push on downside. - EMA's give us SELL signal. - Break from uptrend channel. 💡 Why should you follow our profile on TradingView? Consistent chart updates Clean charts Short and long-term perspectives Visually teaches you valuable lessons High probability setups Analysis on a wide range of major markets SMASH that follow button! 👍 💡 Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you! Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
Short
by TBFinan
EURNZD - Bearish BiasEURO - Weak Bearish 1️⃣ Both Manufacturing and Services PMIs in the Eurozone declined in September. 2️⃣ Political uncertainty in Germany could affect the value of the EUR. NZD - Weak Bullish 1️⃣ Sentiment improved after the Fed issued a hawkish tone at the FOMC meeting. 2️⃣ New Zealand’s GDP grew by 2.8% in the second quarter of 2021. 3️⃣ New Zealand’s annual inflation rate rose to 3.3% in the second quarter of 2021. 4️⃣ New Zealand’s unemployment rate dropped to 4.0% in the second quarter of 2021. ===== Technical ===== We are selling the EURNZD after it failed to break the resistance. ===== Risk to this trade ===== Any change in sentiment could turn the pair's direction. Don't forget to like, comment, and subscribe for more ideas.
Short
by MonsunAsia