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EUR-NZD

EURNZD a buy opportunity 🦐EURNZD on the 4hchart is moving between an ascending trendline and a minor resistance. The price created higher highs and consolidates below the structure. On the last impulse, the market created a nice retracement exactly at our beloved 0618 and, according to Plancton's strategy if the price will break above the resistance and will satisfy the Academy condition, we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
16
EURNZD approaching trendline resistance, potential for dropPrice is approaching resistance at 1.69097 where we may potentially see price push down towards 61.8% and 78.6% Fibonacci Extension . If price continue to bounce from the pivot , we would see It swing towards 78.6% Fibonacci Retracement and 100% Fibonacci Extension Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by FXCM
EURNZD approaching support, potential for bounce|30th June 2021EURNZD is approaching support in line with horizontal swing low support, 38.2% Fibonacci retracement, and 100% Fibonacci extension. Prices might push up towards horizontal swing high resistance in line with 100% Fibonacci extension and 88% Fibonacci retracement. If prices push down, prices might take support on horizontal pullback support in line with 50% Fibonacci retracement and 78.6% Fibonacci retracement. EMA is also below prices, showing a bullish pressure for prices. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by FXCM
EURNZD facing bullish pressure|29th June 2021EURNZD facing bullish pressure from ascending trendline support in line with 38.2% Fibonacci retracement and 61.8% Fibonacci extension. Prices might push up towards horizontal pullback resistance in line with 61.8% Fibonacci retracement as well as 78.6% Fibonacci extension. If prices continue to push down, prices might take support on horizontal pullback support in line with 161.8% Fibonacci extension and 127.2% Fibonacci retracement. EMA is also below prices, showing a bullish pressure for prices. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by FXCM
1
EURNZD - Another 400pips??Our last EURNZD analysis played out perfectly and we managed to bank over 400pips! We are now approaching another strong area where we can look for buys and look for another 400pips. On the chart I have indicated the various impulse and corrections. We appear to be in an ABC correction and we are approaching the major trendline and a previous structure where it would be perfect to buy. On lower timeframe we will be monitoring for buying pressure - and looking at the NZD index to see when it drops. Goodluck and trade safe!
by WicktatorFX
1
EURNZD bullish breakout | 22nd June 2021EURNZD has shown a bullish breakout from the descending trendline resistance-turned-support and is now holding above the ascending trendline and moving average support. We could see further upside above Buy Entry, in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension, towards Take Profit, in line with 127.2% Fibonacci extension and horizontal swing high resistance. MACD is also holding above 0 line, in line with our bullish bias. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by FXCM