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Eurnzd!!

New York Watchlist: Buying EURZD & Selling the DAXOk so the NEw York session is in full swing and I took EURNZD buy for this one... have a small profit already. Below are the details of the trade! ENTRY 1.68910 TP 1.69465 with a chance of rising it to 1.69725. SL 1.68560 Here we have a contraction leading to a support level, the support levels were tested x3 times in the last 24 hours or so and we are now breakout out of the trendline resistance. The RR is not excellent, just 1.5 at the first TP which is the 100% of the pattern while if we get signs to target 120% then the RR becomes 2.25 which makes sense... either or the move can happen throughout the day. While recording this I saw that the DAX completed its contraction which might be the right shoulder of a head and shoulders pattern! Enjoy!
OANDA:DE30EURLong
by PrimedGroup
EURNZD – Buying into dips looking for a reversal patternFX:EURNZD OANDA:EURNZD FOREXCOM:EURNZD FX_IDC:EURNZD Monthly – Bearish bias inside the triangle formation Weekly – Bearish bias with an Evening Doji Star close to 61.8% (Marabuzo resistance at 1.7085) Intraday – Reverse Head and Shoulders forming. We look to buy into dips We look to buy at 1.6860 Stop 1.6800 Target 1.7150 (4:83 reward to risk) The Euro-zone Sentix investor confidence index weakened to -5.8 for July from -3.3 previously which was below consensus forecasts and the weakest reading since November 2014, maintaining Euro-zone growth concerns. Trading activity was subdued ahead of the New York open, as is often the case on the Monday following a US employment report. ECB member Coeure stated that the central bank could restart the quantitative easing policy if needed, although it is difficult to see what that would achieve given extremely low bond yields in Germany and other Euro-zone countries. The US June employment trends survey declined to 109.5 from a revised 111.2 previously, but data had little impact. The dollar overall gained net support from reduced expectations of aggressive Federal Reserve easing and yield differentials between the Euro and dollar widened slightly in the US currency’s favour. In this environment, the Euro was unable to gain any traction and retreated towards the 1.1200 area with a mixed Euro trend on the crosses. The US currency maintained a firm tone into the New York close with the dollar index at fresh 2-week highs as commodity currencies edged lower, although EUR/USD held just above 1.1200 with tight ranges prevailing. There was a sharp decline in long US dollar positions according to the latest weekly data, lessening the risk of further liquidation. The dollar held firm on Tuesday with EUR/USD only just above 1.1200 as tight ranges persisted.
Long
by Signal_Centre
Monday Chart update Hi everyone! It's Max here, as always going live Pre London with few charts and setups that I am currently monitoring and can be ready pretty soon. If you like this kind of videos and took some value out of my content please don't hesitate to click like, follow and happy to answer your questions. Please don't take this as financial or investment advice. I am doing these videos for my own record and development as a trader. Feel free to reach out to me. I am more than happy to help with your journey! Happy trading!
by Maximilionfx
Tuesdayy setups Hi everyone! It's Max here, as always going live Pre London with few charts and setups that I am currently monitoring and can be ready pretty soon. If you like this kind of videos and took some value out of my content please don't hesitate to click like, follow and happy to answer your questions. Please don't take this as financial or investment advice. I am doing these videos for my own record and development as a trader. Feel free to reach out to me. I am more than happy to help with your journey! Happy trading!
by Maximilionfx
2
EURNZD Bouncing higher from bespoke supportFX:EURNZD OANDA:EURNZD FOREXCOM:EURNZD SAXO:EURNZD Monthly – Holds within a symmetrical triangle Weekly – Bearish Head and Shoulders building but scope for higher levels 4H – Oversold. Stalls and reversing close to bespoke support at 1.7135 Buying EURNZD at 1.7135. Stop 1.7095 Target 1.7230 Higher timeframes offer a bearish bias so caution needed Good luck! Check out our FREE Telegram group for trading ideas and signals - t.me For FREE trade ideas and signals, education, ask the analyst feature and much more, sign up to Signal Centre.
Long
by Signal_Centre
Pre London analysisHi everyone! It's Max here, as always going live Pre London with few charts and setups that I am currently monitoring and can be ready pretty soon. If you like this kind of videos and took some value out of my content please don't hesitate to click like, follow and happy to answer your questions. Please don't take this as financial or investment advice. I am doing these videos for my own record and development as a trader. Feel free to reach out to me. I am more than happy to help with your journey! Happy trading!
by Maximilionfx
EUR NZD SHORT - (stuck in a box)Hi Guys, My analysis is based on a stuck in the box type formation which has taken place on a D1 chart. With many attempts to breakout it has found a very strong resistance, we have had a false downturn take place today with a retest to the top. What i think is going to happen here is it may even retest and break this key level, but with NZD news coming which is looking to be positive, this could kick in the downward trend all the way down to the 1.63500 level. I have yet to enter the market due to the bullish upturn of today, but will be placing a short position at the top of resistance for a reasonable risk to reward ratio. Risk management is important when it comes to all types of trading, especially swing trading so please be cautious. Find me on instagram as @thefacelessceo if you would like to join my signal and strategy group then please feel free to DM me.
Short
by HGFX1
VIDEO ANALYSIS: EURNZD SWING TRADING OPPORTUNITYIn this video update, we discuss a potential swing trading opportunity on the Daily timeframe. We spoke about this market last week as price tested the key resistance. We are looking for a bearish rejection candle from the resistance in order to get short here. Looking at the lower timeframes we can expect the price to break the wedge pattern. If we see a clear close below we can look for the continuation move to the key demand zone.
Short
by BlueberryMarkets
EURNZD: Major switch on 4HThis is a short take. EURNZD has shown an initial sharp switch for the south on 4H time frame. Looking at the history of this time frame (over the period shown), this usually is followed by further travel. How far? I don't know. See chart snapshot below. But this pair is a very volatile one so don't expect it to go down smoothly - and there may be nasty surprises. Whoever said trading was easy?! Note that this is primarily a trend-following strategy. So, this is not about pre-defining targets. There are no targets in true trend-following. Stop-losses are larger and potential gains are much larger than 80% of what is not trend-following.
Short
by Captain_Walker