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Eurnzd!!

EN pulled back for up side to come?Chart wise, check out my stream this week for more info! **Find out more from my Tradingview Stream this week** *************************************************************************************** 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!
Long
by Shadowing_The_Big_Boys
EURNZD - And The Trend Continues!Analysis: This is another setup that to us looks highly probable. Firstly price has been in this long term upwards trend, although recently we did see this trend break, however that was a fake out, and price has now continued the upwards trend so know this we're only looking to go long on this pair. The level where price is currently sat at is also a key level for multiple reasons. Firstly its been tested multiple times and has shown strong momentum from the level so we expect this to happen again. It is also around the 1.75000 psychological level which we expect some support from meaning that we already have the start of a great setup. To add to this setup we also have the 50% fib retracement level which is lining up exactly with our area so this give us more confidence as we expect that buyers will be sat at this area making it more likely that our level will hold. We've also got a long term upwards trendline which has been respected multiple times and has caused momentum so we anticipate that this will happen again. Fundamentally as well the EUR is the strongest major currency whereas the NZD is the 4th strongest major currency so this goes in our favour by a lot. The EUR recently did have a decrease in long positions and an increase in short positions but so did the NZD so this is why we are bullish on the EUR when it comes to EURNZD, giving us our overall bullish bias. Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read. We appreciate it all. Stay Safe - JPI Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does to. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Long
by jpeacockfx
2
EURNZD Will Move Higher! Buy! Take a look at our analysis for EURNZD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.758. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.765 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
2
EURNZD LowerTrying EURNZD lower. Narrative for the EUR has changed somewhat, while we still have a relatively hawkish ECB we also have falling EU inflation and worsening EU data. the ECB meeting also i imagine makes a lot of the longs in the EUR a little nervous given the way data has been coming out. NZD still has a rate advantage and with china performing better i think it could benefit as well. correlations suggest lower, rate differentials are pointing lower, china is performing better. sentiment and positioning are very long EUR which could help with downside potential. risk here would be a risk off mood, from what i can see based on scheduled events the things that would cause this are US CPI and the fed rate decision. Most expect the fed decision to be a hawkish skip so this is likely priced in and US CPI i am uncertain of so will keep an eye on that. not trading/investment advise, feedback welcome!
Short
by Spinning_
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.
Short
by OANDA
1
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.
Long
by OANDA