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Eurnzdshort

EurNzd could drop to supportAfter the break above the horizontal resistance level from 1.7150, EurNzd has traded in a range between this zone and a high of around 1.75 for one month. The pair couldn't continue its ascent and fell back down under support proving the up break as a false one. After the recent low, a correction to the up side followed and the final of this correction is in the old resistance and is marked by two reversal candles, Friday's one being a pin bar. I expect a new leg down from this pair and I'm looking to sell rallies. The target can be set around 1.64 support and only a daily close above 1.7150 would negate this bearish scenario
Short
by Mihai_Iacob
5
EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD Currently, according to CURRENTLY STRENGTH, EUR is going down a bit. The reason is that ECB RATE HIKE SENTIMENT is not PRICE. And the NZD is going down a bit more than the EUR right now. Due to MARKET RISK OFF, NZD is going down because COMMODITIES are going down.. Due to this, EURNZD is getting weak. Therefore, EURNZD can definitely go DOWN to the SUPPORT AREA of this CHANNEL before going UP again. So keep an eye on it. If any MARKET SENTIMENT changes, EURNZD can SELL up to 1.6603 LEVEL. Also EURNZD can be BUY at 1.7845 LEVEL. So stay tuned for MARKET UPDATES.
by benny_marshall
EURNZD: PAIRING FOR SHORTS!!! Eurnzd just took out the buyside liquidity in the direction of the orderflow, price created liquidity Void in the process of purging the liquidity. we're currently in a premium price, knowing that the smart money is still likely going to send price higher on EURNZD for the rest of this year,and knowing that the smart money buy cheap and sell high, I'm expecting price to start trading lower anytime soon to come to fill in the liquidity Void and trade to discount before we continue the buys. we just got the high of the week created yesterday, we are likely to see the rest of the week continue to be bearish. also we just had a quarterly shift this backs it up 100%. STEFANFX......
Long
by stefan143
2
EURNZD rallies to be capped.EURNZD - 12h expiry - We look to Sell at 1.7188 (stop at 1.7235) Short term bias has turned negative. Rallies should be capped by yesterday's high. Preferred trade is to sell into rallies. Our profit targets will be 1.7062 and 1.7042 Resistance: 1.7130 / 1.7170 / 1.7200 Support: 1.7040 / 1.7000 / 1.6930 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
Selling EURNZD into current resistance.EURNZD - 11h expiry - We look to Sell at 1.7319 (stop at 1.7366) Short term bias has turned negative. Short term MACD has turned negative. We look for a temporary move higher. Preferred trade is to sell into rallies. Our profit targets will be 1.7188 and 1.7168 Resistance: 1.7200 / 1.7240 / 1.7320 Support: 1.7130 / 1.7100 / 1.7060 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
Selling EURNZD at overbought extremes.EURNZD - 11h expiry - We look to Sell at 1.7379 (stop at 1.7423) Price action continued to range between key support & resistance (1.7270 - 1.7470) and we expect this to continue. Preferred trade is to sell into rallies. Short term bias has turned negative. Bespoke resistance is located at 1.7400. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. We are trading at overbought extremes. A higher correction is expected. Our profit targets will be 1.7261 and 1.7231 Resistance: 1.7300 / 1.7370 / 1.7400 Support: 1.7240 / 1.7200 / 1.7140 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 to be capped by yesterday high.EURNZD - Intraday - We look to Sell at 1.7449 (stop at 1.7491) Rallies should be capped by yesterday's high. We are trading at overbought extremes. A higher correction is expected. We look for a temporary move higher. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Our profit targets will be 1.7332 and 1.7312 Resistance: 1.7400 / 1.7430 / 1.7470 Support: 1.7300 / 1.7270 / 1.7200 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 30M TRADING ANALYSISHello Traders I'm here with a new forex idea and analysis, Kindly share your LOVE by giving me LIKES and COMMENTS. Share with more traders like you. Follow me for more. Thanks in advance. EURNZD 30M TRADING ANALYSIS Please support this idea with a LIKE if you find it useful. Thank you for reading this idea! I hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not Financial Advice. Do you want to catch those pretty pairs like this also? Follow me for free profitable trades, PEACE
Short
by Daily_Price_Action