Get started

EURNZD

EURNZD trading in a range.EURNZD - Price action continued to range between key support & resistance (1.7300 - 1.7440) although we expect a break of this range soon. The bias is to break to the upside. The primary trend remains bullish. A lower correction is expected. We look to buy dips. 24h expiry - We look to Buy at 1.7322 (stop at 1.7272) Our profit targets will be 1.7442 and 1.7462 Resistance: 1.7440 / 1.7464 / 1.7500 Support: 1.7400 / 1.7370 / 1.7330 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.
Long
by OANDA
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 1.7550 LEVEL. After that, EURNZD can be SELL by BREAKING STRUCTURES and can SELL at 1.6989 LEVEL. So stay tuned for MARKET UPDATES
by benny_marshall
EURNZDWe´re waiting a reversal in this pair possibly for ending of today or tomorrow morning. We´ll work with 2 pending orders in the levels shows in the chart and without stoploss till end of the week, because sometimes we put the stoploss friday evening. Good luck. Estamos esperando una reversión en este par posiblemente para terminar hoy o mañana por la mañana. Trabajaremos con 2 órdenes pendientes en los niveles que se muestran en el gráfico y sin stoploss hasta el final de la semana, porque a veces ponemos el stoploss los viernes por la noche. Buena suerte.
Short
by SGsauragestion
EUR/NZD - LONGDate: 24/03/2023 Technical Analysis: The market is in an uptrend in the 4-hour timeframe. The price is currently trading above the weekly pivot point. There has been a break of the weekly supply and demand zone, followed by a retest. The price is currently in a correction and has retraced back to the weekly supply and demand zone, touching the 0.5% Fibonacci retracement level and closing with a clear doji candle. In the 1-hour timeframe, there is a clear reversal candlestick pattern after the correction. Trade Plan: Take Profit Target 1: 1/1 Risk Reward. Take Profit Target 2: -0.61% Fibonacci retracement level (1.5/1 Risk Reward). Stop Loss: Placed at the 0.78% Fibonacci retracement level. Risk per trade: 0.5% of capital due to it being a Friday. Please note that this is a professional and clear trade plan for informational purposes only. It is important to conduct your own research and analysis before making any trading decisions. Additionally, please always remember to manage your risk carefully and never risk more than you can afford to lose.
Long
by Mahdicryptodotma-pro
EURNZD to find resistance at market?EURNZD - 19h expiry - We look to Sell at 1.7373 (stop at 1.7423) Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. Bearish divergence is expected to cap gains. We look for a temporary move higher. Preferred trade is to sell into rallies. A higher correction is expected. Our profit targets will be 1.7253 and 1.7233 Resistance: 1.7370 / 1.7410 / 1.7459 Support: 1.7306 / 1.7270 / 1.7240 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.
Short
by OANDA