EUR/NZD New Free Trade After This Engulfing Price Actionthe price is creating decent waves and now as we have this engulfing price action candle stick we can say that the wave has ended and we can enter a buy trade
EURNZD
EURNZD seems that the uptrend is not over yet | Buy opportunity!Hello traders,
We been observing EURNZD for a potential buy opportunity. We noticed that the pair has been in an uptrend, creating classing higher highs and higher lows. Yesterday we witnessed a strong sell off in the pair that settled closer to the 1.70000 psychological level which is also a demand zone. We are currently seeing a strong bullish reaction from this zone. We believe the pair is about to resume with its bullish momentum. We will monitor price on lower timeframes to see if it can give us an opportunity to go long.
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EURNZDExplore the correlation between the price fluctuation compared to how the sentiment has evolved over the past months. Sentiments below the 35% or above the 65% thresholds, combined with a price moving in the opposite direction, could imply a contrarian signal.
Time to sit on the side here
Eurnzd sellprice rejected off 1.72850 on the hourly and a strong push down followed after to support 1.70900. price started to consolidate creating a lower low and is now pushing down to create another leg.
EURNZD ELLIOTT WAVE UPDATE 01/03/23EURNZD ELLIOTT WAVE ANALYSIS UPDATE BY OMSR AYAD
The price achieved wave 5 or WXY of wave 3 now. If the pattern was FLAT and then broke wave 4 of DIAGONAL, selling will be entered. If the price does not break, the price will continue its upward trend to achieve wave 5 or C of wave WXY.
EurNzd ShortEurNzd is continuing with the short. It has retested the previous support, now resistance and I am looking to short it.
It will fail as a sell once it breaks the previous above resistance
EURNZD to find support at previous highs?EURNZD - Intraday - We look to Buy at 1.7156 (stop at 1.7116)
Daily signals are bullish.
Our short term bias remains positive.
A lower correction is expected.
We look to buy dips.
The sequence for trading is higher highs and lows.
Previous resistance at 1.7150 now becomes support.
Our profit targets will be 1.7256 and 1.7276
Resistance: 1.7232 / 1.7270 / 1.7300
Support: 1.7180 / 1.7150 / 1.7130
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.
EUR/NZD 2 Entries +650 Pips , New Entry To Get 450 Pips !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURNZD in a sequence of higher highs and lows.EURNZD - Intraday - We look to Buy at 1.7091 (stop at 1.7051)
The sequence for trading is higher highs and lows.
Preferred trade is to buy on dips.
A lower correction is expected.
Bespoke support is located at 1.7100.
20 4hour EMA is at 1.7084.
Our profit targets will be 1.7191 and 1.7211
Resistance: 1.7185 / 1.7200 / 1.7240
Support: 1.7170 / 1.7140 / 1.7100
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 Things can change in a weekIt’s amazing how things can change in a week. Last week I was looking to buy EURNZD around 1.69450. The deeper retracment trade would have given me an a 1:2 risk to reward trade. This morning price made a new high.
After updating my chart( just adding a note there has been a new high(1.70615)so now I can focus on a new buy entry price) I have another chance to trade a 1 to 2.27 risk to reward trade based on the daily timeframe. I also have an opportunity to grab more pips on a lower timeframe.
Keeping it simple
When price is in an uptrend(bull volatile as this one) it’s best to not switch strategies. Trade what’s working. I’m trading my TMP strategy using a Fibonacci to help me get more than a 1:2 risk to reward. That’s it. No indicators. No trend lines. Just price in the form of candlesticks and a Fibonacci tool. Simple.
That’s what keeps the market fascinating. You never know when things will change. It’s a beautiful yet chaotic puzzle.
Wouldn’t you agree?
Today I’ll be live-streaming at 1:00 pm est. I hope you can join me. I’ll see you there.
Shaquan
EURNZD is getting closer to sell zone!I still believe that EURNZD is getting closer to a very strong supply zone.
due to a time divergence in daily chart and also a divergence in MACD indicator we could look for sell zone at the red area in the chart!
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What do you think of EURNZD?
EURNZD LowerTrying EURNZD lower.
Looks like we're forming a bearish wedge and i am expecting it to break to the downside.
overall the narrative is changing, the EUR is no longer benefitting from hawkish ECB speeches and could mean the upside in the EUR will be limited by hawkish ECB comments now. the NZD should benefit from a more hawkish RBNZ than expected last week and better future economic prospects.
Rate differentials are moving lower and the VIX is lower.
March 1st is typically a good day for stocks which helps and the day after corporate month end usually seems USD weakness which should mean higher stocks. We're entering less bearish US stock seasonality now, the VIX and US stocks both went down last week which is typically a bullish signal for stocks so i am expecting risk on moves this week.
sentiment and positioning are extremely high for the pair which should also limit upside movement.
Overall expecting a risk on move in stocks this week and EURNZD seems like a good pair to play this out on.
Not trading/investment advise, feedback welcome!
EURNZD 27th FEBRUARY 2023EURNZD technical analysis shows a consolidation trend. In the short term, market participants can look for opportunities to enter sell near strong resistance levels or in the area of a significant trend reversal.
NZD tends to strengthen against several other major currencies AUD, GBP, and EUR. Various factors, such as expectations of future interest rate hikes, positive economic data, and commodity currency risk sentiment cause NZD to strengthen.
However, the movement of the NZD exchange rate is subject to change. Therefore, it is important to conduct proper fundamental and technical analysis as well as good risk management when trading currencies.
EUR/NZD Long iTSimple RSI is working(again).
Divergence in Volume and price.
in next 1H ,the 4H candle close and we have RSI confirmation.
In the higher time, a simple three-wave can be seen.
Retesting the "1.7" level is good, but not certain.
Good Luck
EURAUD I Weekly Forecast & How to Trade ItWelcome back! Let me know your thoughts in the comments!
**EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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✅TS ❕ EURNZD: uptrend line✅✅ EUR NZD held the trend line.
The chart continues to move in an uptrend.
The price will continue to rise. ✅
🚀 BUY scenario: long to 1.719. 🚀
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