EURNZD, H4 | Potential bullish bouncePrice is testing a major overlap support at 1.7835 which happens to coincide with the 50% Fibonacci retracement. Along with that, there is a fair bit of bullish momentum with the Ichimoku cloud support and the ascending trend line.
A bounce form here could take prices all the way to the recent swing high resistance at 1.7998.
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EUR-NZD
EURNZD - COULD BE A GOOD BUY NOWHey Traders!
I believe this could be a good buy for the following reasons:
- The current price is above the monthly pivot level
- Strong bullish engulfing candlestick 4h close
- Strong break of 20 moving average
- Overall market direction is bullish
- Likely going to re-test the previous psychological level, if broken will go further
- EUR & NZD are currently being sold off by hedge funds.
Peace traders! :)
EN pulled back for up side to come?Chart wise, check out my stream this week for more info!
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The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
EURNZD 4H Short Chart AnalysisEURNZD CHART ANALYSIS POSTED ON SUNDAY 11 JUNE 2023!!!
Let's see how this pair will perform based on the analysis.
Make sure you do your research and based on your confluence please look for the entry.
Don't rush your trades without any confirmation.
Thanks in advance for checking my trade idea.
Will EURNZD bearish presence continue?EURNZD - 24h expiry
Our short term bias remains positive.
The lack of interest is a concern for bears.
A move through 1.7525 will confirm the bearish momentum.
The bias is to break to the downside.
We look for losses to be extended today.
We look to Sell a break of 1.7524 (stop at 1.7584)
Our profit targets will be 1.7374 and 1.7354
Resistance: 1.7575 / 1.7600 / 1.7630
Support: 1.7528 / 1.7500 / 1.7470
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 buyers at market?EURNZD - Intraday
Daily signals are bullish.
Bespoke support is located at 1.7600.
A Morning Doji Star formation has been posted at the low.
The bullish engulfing candle on the daily chart is positive for sentiment.
We look to buy dips.
We look to Buy at 1.7575 (stop at 1.7525)
Our profit targets will be 1.7695 and 1.7725
Resistance: 1.7705 / 1.7736 / 1.7750
Support: 1.7670 / 1.7630 / 1.7600
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 turnaround?EURNZD - Intraday
Short term momentum is bearish.
Expect trading to remain mixed and volatile.
A break of the recent low at 1.7633 should result in a further move lower.
We look for losses to be extended today.
Short term oscillators have turned negative.
We look to Sell a break of 1.7623 (stop at 1.7683)
Our profit targets will be 1.7473 and 1.7443
Resistance: 1.7680 / 1.7730 / 1.7760
Support: 1.7633 / 1.7580 / 1.7500
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 swing high?EURNZD - Intraday
Daily signals are bullish.
Short term momentum is bullish.
A lower correction is expected.
The previous swing high is located at 1.7556.
Previous resistance at 1.7520 now becomes support.
We look to Buy at 1.7522 (stop at 1.7462)
Our profit targets will be 1.7672 and 1.7692
Resistance: 1.7700 / 1.7738 / 1.7770
Support: 1.7650 / 1.7580 / 1.7530
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: Multiple Time Frame Analysis & Bullish Outlook 🇪🇺🇳🇿
EURNZD formed an inverted h&s pattern approaching a key horizontal structure support.
The neckline of the pattern was broken just before the market closed.
I will expect a pullback on Monday.
Goals: 1.7255 / 1.7279
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EURNZD to find sellers at previous resistance?EURNZD - 24h expiry
Our short-term bias remains negative.
The lack of interest is a concern for bulls.
Previous resistance is located at 1.7440.
We look for a temporary move higher.
50 4-hour EMA is at 1.7420.
We look to Sell at 1.7447 (stop at 1.7517)
Our profit targets will be 1.7267 and 1.7227
Resistance: 1.7350 / 1.7400 / 1.7440
Support: 1.7305 / 1.7270 / 1.7200
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: Classic Top-Down Trading Setup 🇪🇺🇳🇿
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.
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Potential turning point for EN
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Hello there!
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
And if you would like to show further support for me, you can gift me some coins on tradingview! 😁
Thank you!
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
EURNZD intraday dips continue to attract buyers.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
Resistance: 1.7800 / 1.7816 / 1.7840
Support: 1.7730 / 1.7700 / 1.7640
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 see a higher correction?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 gains.
Our profit targets will be 1.7478 and 1.7458
Resistance: 1.7656 / 1.7670 / 1.7700
Support: 1.7606 / 1.7570 / 1.7500
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 stall at previous swing high?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: 1.7497 / 1.7530 / 1.7570
Support: 1.7435 / 1.7400 / 1.7350
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.
Joe Gun2Head Trade - EURNZD broken down from a rangeTrade 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
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