EURNZD: Bullish Continuation is Highly Probable! Here is Why:
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the EURNZD pair which is likely to be pushed up by the bulls so we will buy!
❤️ Please, support our work with like & comment! ❤️
Eurnzd!!
EURNZD to see a higher correction?EURNZD - 24h expiry - We look to Sell a break of 1.7598 (stop at 1.7648)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
We are trading at overbought extremes.
A higher correction is expected.
A break of the recent low at 1.7606 should result in a further move lower.
Bearish divergence is expected to cap gains.
Our profit targets will be 1.7478 and 1.7458
Resistance: 1.7656 / 1.7670 / 1.7700
Support: 1.7606 / 1.7570 / 1.7500
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 the OVERALL MARKET RISK ON, COMMODITIES are going up a bit, so NZD is going UP.. Due to this, EURNZD is going down a bit.
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 1.7719 LEVEL. After that, EURNZD can be SELL by BREAKING STRUCTURES and can SELL at 1.6787 LEVEL. So stay tuned for MARKET UPDATES
EURNZD IS ON RESISTANCE WITH RISING WEDGE PATTERN For more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial.
Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.
EUR/NZD BEARS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
EUR/NZD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 5H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.733 area.
✅LIKE AND COMMENT MY IDEAS✅
EURNZD sellAs idle cash looks to find a strong and secure yield, it is no wonder that the New Zealand Dollar has benefited from the current Euro-Zone crisis. Pairs such as the Australian Dollar and New Zealand Dollar are often viewed as a proxy for Chinese growth and thus have performed well against the Euro in recent years. Although Chinese growth may become a cause for concern as the nation shifts away from export led growth, weakness in the Euro-Zone may cap any significant reversal.
EURNZD: Expecting Bearish Movement! Here is Why:
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too.
❤️ Please, support our work with like & comment! ❤️
EURNZD to stall at previous swing high?EURNZD - 24h expiry -
Price action has posted a Doji candle and signals a possible reversal of the recent trend.
Expect trading to remain mixed and volatile.
1.7492 has been pivotal.
A higher correction is expected.
We look for a temporary move higher.
We look to Sell at 1.7488 (stop at 1.7538)
Our profit targets will be 1.7368 and 1.7348
Resistance: 1.7497 / 1.7530 / 1.7570
Support: 1.7435 / 1.7400 / 1.7350
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 the OVERALL MARKET RISK ON, COMMODITIES are going up a bit, so NZD is going UP.. Due to this, EURNZD is going down a bit.
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 1.7719 LEVEL. After that, EURNZD can be SELL by BREAKING STRUCTURES and can SELL at 1.6787 LEVEL. So stay tuned for MARKET UPDATES
EUR-NZD Resistance Cluster! Sell!
Hello,Traders!
EUR-NZD is trading in a
Rising channel and is now
Retesting the resistance
Cluster of the horizontal
Level of 1.751 and the
Rising resistance of the
Channel so despite the uptrend
I am locally bearish biased
And I think that we will see
A local move down ahead
Sell!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
EURNZDTime to look for a bullis trade in this pair. We´ll put to orders as always, like this we have opportunity to close in 0$, if trade start to make nonsense movement.
Check well the chart, prices are there.
Good luck.
Es el momento de comprar este par. Nosotros pondremos dos ordenes de compra como siempre, una a mercado y otra programada en un nivel inferior, para tener la posibilidad de cerrar a 0$ si el mercado empieza a hacer cosas raras.
Recuerda que esta semana tenemos los tipos de interés del dólar neozelandés.