Riding the Wave: Profiting from the EUR/NZD Currency PairHey everyone, eurnzd looks like a nice buy to re-test the previous top level, everything seems to be trending towards the upside on the higher timeframes. We had a daily resistance broken hence the horizontal line crossing stoploss. We still have not yet crossed the 1h 50 ma line, once this is crossed this trade becomes very bullish. 📈❤️
EUR-NZD
Joe Gun2Head Trade - Swing failure on EURNZD?Trade Idea: Selling EURNZD
Reasoning: Swing failure at 1.7167?
Entry Level: 1.71569
Take Profit Level: 2.64
Stop Loss: 1.7203
Risk/Reward: 3.9:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
EURNZD Potential for Bullish Rise | 10th February 2023Looking at the H4 chart, my overall bias for EURNZD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market.
Price has tapped into my pullback buy entry at 1.69491, where the overlap support is. Stop loss will be at 1.66668, where the recent low is. Take profit will be at 1.75494, where the previous swing high is.
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.
EURNZD Potential for Bullish Rise | 9th February 2023Looking at the H4 chart, my overall bias for EURNZD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market.
Price has tapped into my pullback buy entry at 1.69491, where the overlap support is. Stop loss will be at 1.66668, where the recent low is. Take profit will be at 1.75494, where the previous swing high is.
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.
EURNZD Potential for Bullish Rise | 8th February 2023Looking at the H4 chart, my overall bias for EURNZD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market.
Price has tapped into my pullback buy entry at 1.69491, where the overlap support is. Stop loss will be at 1.66668, where the recent low is. Take profit will be at 1.75494, where the previous swing high is.
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.
EURNZD Potential for Bullish Rise | 7th February 2023Looking at the H4 chart, my overall bias for EURNZD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market.
Looking for a pullback buy entry at 1.69491, where the overlap support is. Stop loss will be at 1.66668, where the recent low is. Take profit will be at 1.75494, where the previous swing high is.
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.
EURNZD Potential for Bullish Rise | 6th February 2023Looking at the H4 chart, my overall bias for EURNZD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market.
Looking for a pullback buy entry at 1.69491, where the overlap support is. Stop loss will be at 1.66668, where the recent low is. Take profit will be at 1.75494, where the previous swing high is.
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.
EURNZD to see another early optimism?EURNZD - Intraday - We look to Sell at 1.6969 (stop at 1.7009)
Levels above 1.7000 continue to attract sellers.
Short term momentum is bullish.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 1.6869 and 1.6849
Resistance: 1.6914 / 1.6940 / 1.6970
Support: 1.6870 / 1.6830 / 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 UPDATE still bearish expectations
Hi viewers, first idea on EURNZD attached in related section, here is UPDATE on EURNZD today 2 events which can have impact on NZD +technically side is bullish, expecting here bearish trend in next days.
TP1: 1.66850 (100)
TP2: 1.66350 (150)
TP3: 1.65850 (200)
EURNZD dips continue to attract.EURNZD - Intraday - We look to Buy at 1.6711 (stop at 1.6671)
The trend of higher lows is located at 1.6700.
Expect trading to remain mixed and volatile.
We look for a temporary move lower.
Our profit targets will be 1.6811 and 1.6831
Resistance: 1.6830 / 1.6870 / 1.6900
Support: 1.6770 / 1.6740 / 1.6700
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 resistance.EURNZD - Intraday - We look to Sell at 1.6829 (stop at 1.6869)
Expect trading to remain mixed and volatile.
Bespoke resistance is located at 1.6830.
50 4hour EMA is at 1.6832.
We look for a temporary move higher.
Our profit targets will be 1.6729 and 1.6709
Resistance: 1.6770 / 1.6800 / 1.6830
Support: 1.6700 / 1.6666 / 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.
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.
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.