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EURNZD

nzdcad shortok, so was neutral (with slight bias to long - pending breakout) on last post as we saw massive flipping of retail positioning into this resistance... however, that has all unwound again and i think we could be about to get direction now.. this looks to be the pattern.. as said before i was looking for a breakout either way but this now looks to be a more compelling setup lining up to downside with a possible bear flag (one of my favs). will take short on break.. retail positioning to the short side has also now largely unwound. sooooo watching with interest.
Short
by Gazzawins
1
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.
Short
by OANDA
Eur/Nzd (Pullback Trade Idea)Eur/Nzd moved down hard... We are showing a new buy signal from a area of psychological resistance on the 15min time frame... The plan is to buy now with a 60 pip stop loss... 2 Take Profit Areas are on the charts... This is a counter trend trade idea and these pullback trades are not recommended , but im going to take it anyway.... Im trading very small and im using risk management... (Even if it fell to 60 pips, I can still hold the trade and not lose even 1 percent of the account)
Long
by RlcTrading
1
Potential turning point for EN **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