EURNZD reached a key daily structure resistance on Friday. Testing the underlined yellow area, the price formed a head & shoulders pattern on 1H time frame. Its neckline was broken during the NY session yesterday. I expect a bearish continuation to 1.735 / 1.725 For entries, consider an occasional retest of a broken neckline. ❤️Please, support my work with...
with this move usually we can get at least a retrace depending on the move up(if we will have one), I will add also VIX is again at low levels let us see how much we will stay there
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SHOUT TO @Casey_Louis SUGGESTING THIS TRADE SLO @ 1.8045 ⏳ SSO @ 1.7925 ⏳ TP1 @ 1.7600 (shaving 25%) TP2 @ 1.7333 (shaving 25%) TP3 @ 1.7100 (shaving 25%) TP4 @ 1.6600 (shaving 25%) TP5 @ 1.6125 (close ALL Sell Orders) BLO @ 1.6010 ⏳
For EURNZD there is much more upside potential in the long run. However, after the recent rally, a pullback would be quite healthy. The price should be aiming for the 61.8% Fibonacci retracement area, before/if the uptrend continues.
EURNZD - 24h expiry - Intraday dips continue to attract buyers and there is no clear indication that this trading sequence is ending. Our short-term bias remains positive. We look to buy dips. 50 4-hour EMA is at 1.7623. Bespoke support is located at 1.7640. We look to Buy at 1.7645 (stop at 1.7595) Our profit targets will be 1.7765 and 1.7785...
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...
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:...
Trade Idea: Selling EURNZD Reasoning: Broken down from a range on the 60min, targeting a move lower. Entry Level: 1.7267 Take Profit Level: 1.7081 Stop Loss: 1.7302 Risk/Reward: 5:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in...
If the support is broken in the four-hour period and it stabilizes under the support, the next target is 1.715
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...
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...
EURNZD has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the...
The Euro continued its upward momentum, trading above $1.07 and approaching its highest level since February 14th. This is in contrast to the two-month low of $1.05 it reached on March 8th, which was due to concerns about the US financial system following the collapse of SVB. Despite US authorities' efforts to limit the damage, investors are concerned that the...
EURNZD - Intraday - We look to Buy at 1.7145 (stop at 1.7105) Daily signals are bullish. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. 20 1 day EMA is at 1.7145. We look to buy dips. We look for a temporary move lower. Our profit targets will be 1.7245 and 1.7265 Resistance:...
EURNZD - Intraday - Our short term bias remains positive. There is no clear indication that the upward move is coming to an end. We are trading at overbought extremes. Trend line support is located at 1.7220. 50 4 hour EMA is at 1.7224. We look to buy dips. We look to Buy at 1.7224 (stop at 1.7184) Our profit targets will be 1.7324 and 1.7344...
EURNZD - Intraday - Daily signals are bullish. Our bespoke resistance of 1.7270 has been clearly broken. Previous resistance at 1.7270 now becomes support. 20 4hour EMA is at 1.7264. We look to buy dips. We look to Buy at 1.7266 (stop at 1.7226) Our profit targets will be 1.7366 and 1.7386 Resistance: 1.7377 / 1.7400 / 1.7440 Support: 1.7340 / 1.7270 /...
Trade Idea: Selling EURNZD Reasoning: EURNZD Stalling at 78.6% Fibonacci level. Entry Level : 1.7238 Take Profit Level: 1.7014 Stop Loss: 1.7309 Risk/Reward: 3:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical...