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 the OVERALL MARKET RISK ON, COMMODITIES are going up a bit, so NZD is going UP.. Due to this, EURNZD is going down a bit.
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 1.7550 LEVEL. After that, EURNZD can be SELL by BREAKING STRUCTURES and can SELL at 1.6989 LEVEL. So stay tuned for MARKET UPDATES
Eurnzd!!
EURNZDWe´re waiting a reversal in this pair possibly for ending of today or tomorrow morning.
We´ll work with 2 pending orders in the levels shows in the chart and without stoploss till end of the week, because sometimes we put the stoploss friday evening.
Good luck.
Estamos esperando una reversión en este par posiblemente para terminar hoy o mañana por la mañana.
Trabajaremos con 2 órdenes pendientes en los niveles que se muestran en el gráfico y sin stoploss hasta el final de la semana, porque a veces ponemos el stoploss los viernes por la noche.
Buena suerte.
EUR/NZD - LONGDate: 24/03/2023
Technical Analysis:
The market is in an uptrend in the 4-hour timeframe.
The price is currently trading above the weekly pivot point.
There has been a break of the weekly supply and demand zone, followed by a retest.
The price is currently in a correction and has retraced back to the weekly supply and demand zone, touching the 0.5% Fibonacci retracement level and closing with a clear doji candle.
In the 1-hour timeframe, there is a clear reversal candlestick pattern after the correction.
Trade Plan:
Take Profit Target 1: 1/1 Risk Reward.
Take Profit Target 2: -0.61% Fibonacci retracement level (1.5/1 Risk Reward).
Stop Loss: Placed at the 0.78% Fibonacci retracement level.
Risk per trade: 0.5% of capital due to it being a Friday.
Please note that this is a professional and clear trade plan for informational purposes only. It is important to conduct your own research and analysis before making any trading decisions. Additionally, please always remember to manage your risk carefully and never risk more than you can afford to lose.
✅EUR_NZD SWING SHORT🔥
✅EUR_NZD is trading in a
Rising channel and the pair
Hit the confluence of the
Horizontal and rising resistance
Levels and made a pullback so
A further move down and
The retest of the rising
Support of the channel
Is to be expected
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
EUR-NZD Resistance And Double-Top! Sell!
Hello,Traders!
EUR-NZD has almost hit
A resistance cluster of the
Rising and horizontal support
Then formed a double-top on
The 4H timeframe and is going
Down so I am expecting a
Retest of the target level below
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
EURNZD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on EURNZD.
Technical analysis: As we can see here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalance lower and then to reject from bullish order block, also I will look for a confirmation on lower timeframe.
Like, comment and subscribe to be in touch with my content!
EURNZD to find resistance at market?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 trade is to sell into rallies.
A higher correction is expected.
Our profit targets will be 1.7253 and 1.7233
Resistance: 1.7370 / 1.7410 / 1.7459
Support: 1.7306 / 1.7270 / 1.7240
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 D1 UPDATE ( TECHNICAL )For more updates, please follow my TradingView page, and if you find the content useful, kindly hit the "thumbs up" button to show your support. If you have any queries regarding trading, please feel free to send me a direct message on TradingView. Additionally, please share this content with your friends who may find it beneficial.
Please note that any trading updates provided here are for educational purposes only, and it is always advisable to conduct your own research before making any investment decisions. It is important to ensure that all conditions are met before following any trade plan suggested in this update.
EUR/NZD Broke Daily Up Trendline , Sell With Retest ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURNZDEURNZD 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 potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
This is a personal opinion and you are responsible for any trading decisions.
EURNZD keeps on finding support at trend line.EURNZD - Intraday -
Trend line support is located at 1.7030.
We look to buy dips.
We look for a temporary move lower.
Daily signals are mildly bullish.
50 1day EMA is at 1.7026.
We look to Buy at 1.7029 (stop at 1.6974)
Our profit targets will be 1.7159 and 1.7179
Resistance: 1.7200 / 1.7270 / 1.7300
Support: 1.7025 / 1.7000 / 1.6970
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 - Short active ✅Hello traders!
‼️ This is my perspective on EURNZD .
Here we are in a bearish market structure from H1 timeframe perspective, so I am looking for shorts. I expect bearish price action for short-medium term as price almost filled the imbalance and rejected from bearish order block + institutional mid figure 1.72500.
Like, comment and subscribe to be in touch with my content!
we can see the weakness of the trend in the last movementWe are in an upward trend, we can see the weakness of the trend in the last movement, so we can enter into a sell transaction at the price of 1.74138 or after the failure of the last swing, the loss limit has also been determined.
⚠️ This Analysis will be updated ...
👤 Banipal : @hosseinbakrani
📅 03.16.2023
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️