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Eurnzd!!

New Entry Here In EUR/NZD Don’t Miss ItThe price is moving in decent nice waves . The last wave was a great success after the price broke the stubborn support we entered a sell trade together u can check that in related ideas. Now the price is creating a new wave and i think the retracement is over. Using my Fib tool, i figured out that the prices hit 71% fib level and for me it is the right time to enter a sell trade. The trade is available now with its all details. Enjoy and make great profits.
Short
by Forex_Wealth_Factory
Falling towards an overlap support, could it reverse?EURNZD is falling towards a support level which is an overlap support level which aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit Entry: 1.78560 Why we like it: There is an overlap support level which aligns with the 50% Fibonacci retracement. Stop loss: 1.77389 Why we like it: There is an overlap support level which aligns with the 78.6% Fibonacci retracement Take profit: 1.79608 Why we like it: There is a pullback resistance level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Short
by VantageMarkets
1
EURNZD Set To Fall! SELL! My dear subscribers, My technical analysis for EURNZD is below: The price is coiling around a solid key level - 1.8067 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.7960 My Stop Loss - 1.8132 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
EURNZD to breakdown?EURNZD - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. An Evening Doji Star formation has been posted at the high. A break of bespoke support at 1.8000, and the move lower is already underway. Daily signals for sentiment are at overbought extremes. A higher correction is expected. We look to Sell a break of 1.7999 (stop at 1.8049) Our profit targets will be 1.7879 and 1.7859 Resistance: 1.8072 / 1.8099 / 1.8130 Support: 1.8000 / 1.7950 / 1.7900 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 scalping for 70 PIPS READ DESCRIPTIONBased on the technical analysis and market sentiment provided, let's analyze the potential trade setup for EUR/NZD: 1. **Support and Demand Zones**: EUR/NZD is currently at a 2-hour support zone ranging from 1.80000 to 1.80200. This indicates a potential area where buyers are likely to step in, aligning with the demand zone. It suggests a favorable entry point for long positions. 2. **Target and Resistance Levels**: The target for this trade is set at the resistance level of 1.80750. Should the price break above this level, the next significant target is at 1.82000. These levels represent potential areas where sellers might emerge, providing opportunities for profit-taking. 3. **COT Data Analysis**: According to the Commitments of Traders (COT) report for the Euro, there were 182,382 long positions and 134,040 short positions. This indicates that 57.64% of traders were holding long positions, while 42.36% were holding short positions. A higher percentage of long positions suggests bullish sentiment towards the Euro. 4. **Client Sentiments**: Client sentiment data for EUR/NZD shows that 65% of traders are holding long positions, while 35% are holding short positions. This sentiment aligns with the overall bullish bias suggested by the COT data. 5. **Technical Analysis Indicators**: - Stochastic: Indicates a sell signal. - Momentum: Shows a buy signal. - Stochastic RSI: Signals a buy. - William Percent Range: Suggests buying opportunities. - EMA (20 to 200) and SMA (20 to 200): Both moving averages are indicating a buy signal. - Hull Moving Average: Indicates a buy signal. 6. **Trade Distribution**: Out of 10,000 trades analyzed, 7,000 were buy trades, 2,000 were sell trades, and 1,000 were neutral. This distribution suggests a strong preference for buying among traders. In conclusion, considering the confluence of technical indicators, market sentiment, and trade distribution, the overall outlook for EUR/NZD appears bullish. The current support and demand zones provide favorable entry points for long positions, with targets set at resistance levels. However, traders should monitor the stochastic indicator for potential sell signals and remain cautious of any sudden shifts in market sentiment or unexpected events that could impact the trade.
Long
by MOAZAM1133
Three waves down, three waves up, sideways patternDear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it. I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision. I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily. I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him. Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, Mr. Nobody
Long
by mehdi47abbasi79