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.
EUR-NZD
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.
EURNZD to find support at previous resistance?EURNZD - Intraday - We look to Buy at 1.6951 (stop at 1.6911)
A move higher has resulted in prices breaking from the previous range and confirmed our bullish expectation.
Previous resistance at 1.6970 now becomes support.
We look for a temporary move lower.
We look to buy dips.
The primary trend remains bullish.
Our profit targets will be 1.7071 and 1.7091
Resistance: 1.7038 / 1.7070 / 1.7100
Support: 1.7000 / 1.6970 / 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.
EURNZD, Possible Head and Shoulders BottomTen weeks-long head and shoulders bottom was formed on the EURNZD chart. In this case, it would act as a continuation pattern. A daily close above the descending necklace would confirm the pattern. The possible price target for the head and shoulders bottom stands at 1.74.
EURNZD to stall at highs.EURNZD - Intraday - We look to Sell at 1.6968 (stop at 1.7018)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Bespoke resistance is located at 1.6970.
Preferred trade is to sell into rallies.
Our profit targets will be 1.6848 and 1.6828
Resistance: 1.6910 / 1.6940 / 1.6970
Support: 1.6880 / 1.6840 / 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.
EURNZD starts to turnaround.EURNZD - Intraday - We look to Sell at 1.6898 (stop at 1.6938)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Bespoke resistance is located at 1.6900.
Preferred trade is to sell into rallies.
Our profit targets will be 1.6798 and 1.6778
Resistance: 1.6870 / 1.6900 / 1.6920
Support: 1.6800 / 1.6780 / 1.6730
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.
InvestMate|EUR/NZD Strong Downward Wave💶💶EUR/NZD Strong Downward Wave
💶It has been a while since the last post on EUR/NZD
💶We ideally fell on the support zone set out in the previous post:
💶But very quickly the dynamic rise was just as quickly knocked down.
💶Looking at technical analysis indicators such as MACD, RSI and the fact that we are under the 200 period moving average confirms me in my conviction about the continuation of the downtrend.
💶The price has rebounded from the resistance zone defined by the 0.382 wave level from the April 2022 bottom to the October peak.
💶We have currently fallen to the 0.5 level of the same wave but I do not believe it will hold the price for much longer.
💶I have set a support zone around the 0.618 level of the same wave where the price has already made the upward turn discussed in this post once.
💶The scenario I am playing out is a continuation of the decline to the vicinity of the support zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
EURNZD - Short term bias has turned positiveEURNZD - Intraday - We look to Buy at 1.6621 (stop at 1.6579)
Short term bias has turned positive. 20 4hour EMA is at 1.6619. We look to buy dips. The trend of lower intraday highs has also been broken.
Our profit targets will be 1.6721 and 1.6741
Resistance: 1.6740 / 1.6770 / 1.6794
Support: 1.6723 / 1.6690 / 1.6630
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
EURNZD - Selling at trend resistanceEURNZD - Intraday - We look to Sell at 1.6559 (stop at 1.6599)
Trend line resistance is located at 1.6560. Bespoke resistance is located at 1.6570. Our short term bias remains negative. Preferred trade is to sell into rallies.
Our profit targets will be 1.6459 and 1.6439
Resistance: 1.6520 / 1.6570 / 1.6600
Support: 1.6470 / 1.6430 / 1.6400
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Selling EURNZD at trend line resistance.EURNZD - Intraday - We look to Sell at 1.6569 (stop at 1.6609)
Trend line resistance is located at 1.6580.
Bespoke resistance is located at 1.6570.
Our short term bias remains negative.
Preferred trade is to sell into rallies.
Our profit targets will be 1.6469 and 1.6449
Resistance: 1.6470 / 1.6520 / 1.6570
Support: 1.6430 / 1.6400 / 1.6370
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 - Selling into ralliesEURNZD - Intraday - We look to Sell at 1.6569 (stop at 1.6609)
Trend line resistance is located at 1.6570. Bespoke resistance is located at 1.6570. Our short term bias remains negative. Preferred trade is to sell into rallies.
Our profit targets will be 1.6469 and 1.6449
Resistance: 1.6470 / 1.6520 / 1.6570
Support: 1.6430 / 1.6400 / 1.6370
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Selling EURNZD into a trend line.EURNZD - Intraday - We look to Sell at 1.6629 (stop at 1.6669)
Trend line resistance is located at 1.6635.
Prices expected to stall near trend line resistance.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Our short term bias remains negative.
Our profit targets will be 1.6529 and 1.6509
Resistance: 1.6540 / 1.6570 / 1.6600
Support: 1.6480 / 1.6420 / 1.6370
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 - Intraday rallies continue to attract sellers EURNZD - Intraday - We look to Sell at 1.6649 (stop at 1.6689)
Trend line resistance is located at 1.6660. Prices expected to stall near trend line resistance. We look for a temporary move higher. Preferred trade is to sell into rallies. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. Our short term bias remains negative.
Our profit targets will be 1.6549 and 1.6539
Resistance: 1.6570 / 1.6600 / 1.6640
Support: 1.6530 / 1.6480 / 1.6420
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
EURNZD gains to be capped at trend of lower highs.EURNZD - Intraday - We look to Sell at 1.6699 (stop at 1.6733)
The trend of lower highs is located at 1.6700.
20 1day EMA is at 1.6711.
Our short term bias remains negative.
Preferred trade is to sell into rallies.
We look for a temporary move higher.
Our profit targets will be 1.6614 and 1.6604
Resistance: 1.6655 / 1.6680 / 1.6700
Support: 1.6600 / 1.6570 / 1.6530
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 interesting level to watchVolatility might pick up at 1.64 zone.could go into a range..but trend still quite bearish to go on the down side.let's get more inputs before initiating trades on this pair...
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Selling EURNZD at previous support.EURNZD - Intraday - We look to Sell at 1.6598 (stop at 1.6638)
Previous support at 1.6600 now becomes resistance.
Our short term bias remains negative.
Preferred trade is to sell into rallies.
20 4hour EMA is at 1.6609.
Our profit targets will be 1.6498 and 1.6478
Resistance: 1.6500 / 1.6540 / 1.6600
Support: 1.6480 / 1.6440 / 1.6400
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.
Selling EURNZD at daily 20 EMA.EURNZD - Intraday - We look to Sell at 1.6827 (stop at 1.6867)
Our short term bias remains negative.
Preferred trade is to sell into rallies.
20 1day EMA is at 1.6827.
Our profit targets will be 1.6727 and 1.6707
Resistance: 1.6740 / 1.6800 / 1.6830
Support: 1.6700 / 1.6670 / 1.6640
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.