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EURNZD

EURNZD 26/APR/2023Based on recent price action, EURNZD has formed a bullish channel pattern. Last week, the price breakout from the resistance area of the bullish channel, indicated a strong buy signal. This week, there is a possibility of price correction and the price retraced, but still managed to find support in the bullish region. The stochastic 5,3,3 indicator has crossed below the oversold value, supporting the bullish sentiment. False breakout is still possible and the price may return to the bullish channel area.
Long
by DNP-FX
3
Strong Bullish Momentum for EUR/NZD - Potential for Long Setup.The EUR/NZD is currently exhibiting robust bullish momentum, characterized by lower highs and higher highs occurring within a bullish channel. In a recent development, the price underwent a retest of the bullish trendline channel last Friday, followed by a subsequent higher high. Our analysis suggests that this strong momentum of the EUR may persist, with the price potentially reaching the next hurdle in the resistance area of 1.8000 and 1.8050. We are therefore considering a long setup in light of these observations.
Long
by FOREXN1
9
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.
Long
by OANDA
EUR/NZD On The Rise! BUY! My dear friends , EUR/NZD looks like it will make a good move, and here are the details: The instrument tests an important psychological level 1.76544 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.77508 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
17
EURNZD DAILY CHART PROJECTIONDon't MISS! After collecting our data from the weekly timeframe, price initially was in a downtrending market and we had a success break of structure so we expected that the market will change it's direction from downtrend to uptrend of which it did. The current trend to the upside which is visible on the DAILY timeframe, we can regard that as our Impulsive trend/move. Within this move, price is making a valid uptrend creating HIGHS and LOWS . The impulsive trend is currently moving rapidly which broke the resistance level (Check the arrow). Our anticipated overall price target is @1.82000 level As we all know, price is not just going to fly there, it's going to create a trend to get to the final target. So we're expecting price to make a new low to @1.73500 to @1.72000 level then we will look for a bullish confirmation. TRADES OPPORTUNITY I am currently watching this market closely and we will look at the smaller timeframe so we have a confirmation for a short sell. Join my channel to not miss this opportunity Kindly Like this Trade Idea if you love it and Follow me for more Thanks Regards.
Short
by opizzlefx
EURNZD 1.769640 +0.94% DAILY BRAKDOWN FOR THE WEEKHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GREAT WEEKEND. HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT ON THE EURO/ NZD IN THE COMING WEEK. EUR/NZD CLOSED LAST WEEK WITH SOME STRONG MOMENTUM TOWARDS THE UPSIDE SIGNALLING. * We have break of structure to the upside. * Weekly OB to be mitigated. * Looking for some correction towards the downside for my bias to be bearish towards the FVG Before continuation. - The pair could just continue bullish this week. - For the trade to be active i need a Tap into the bullish OB * If we break below and close under the OB trade is invalidated just as if we continue on a bullish rally - TARGET would be the WEEKLY OB. lets see how it goes. IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS APPRECIATED ____________________________________________________________________________________________________________________ * Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT. _____________________________________________________________________________________________________________________ | * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤ LOVELY TRADING WEEK TO YOU!
Short
by PULEMokhothu
2
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.
Short
by OANDA