Get started

Eurnzdshort

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.
Short
by OANDA
1
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.
by benny_marshall
1
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.
Short
by OANDA
1
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.
Short
by OANDA
EURNZD (SHORT) 🔥🔥🔥ENTRY OPPORTUNITY Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
Short
by Thewest-sidetrader