Eurnzdanalysis
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Jamie Gun2head Trade - Buying EURNZDTrade Idea: Buying EURNZD
Reasoning: Key support level, hoping for a bounce today
Entry Level: 1.61580
Take Profit Level: 1.62180
Stop Loss: 1.61330
Risk/Reward: 2.4:1
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EURNZD: Weak Euro no end in sight!EURNZD
Intraday - We look to Sell at 1.6278 (stop at 1.6314)
Expect trading to remain mixed and volatile. The primary trend remains bearish. Preferred trade is to sell into rallies. 50 4hour EMA is at 1.6260.
Our profit targets will be 1.6181 and 1.6161
Resistance: 1.6170 / 1.6200 / 1.6230
Support: 1.6130 / 1.6100 / 1.6070
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EURNZD possible sell zone!!EURNZD has formed strong bearish price action on the daily timeframe. In this long-term down trending market, the price has formed a daily pin bar/Doji which has an element of fake out to the upside, tested previous support as resistance, and also tested the 20EMA as resistance. High probability that the price will continue to drop from this bearish consolidation.
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EURNZD: Gains to be capped!EURNZD
Intraday - We look to Sell at 1.6289 (stop at 1.6327)
Previous support at 1.6300 now becomes resistance. Preferred trade is to sell into rallies. Our short term bias remains negative. 50 4hour EMA is at 1.6305.
Our profit targets will be 1.6191 and 1.6171
Resistance: 1.6200 / 1.6230 / 1.6270
Support: 1.6170 / 1.6130 / 1.6100
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
EurNzd new drop to support?After reaching the important 1.7 resistance, EurNzd has started to roll back down and at the beginning of the month has broken under ascending trend line that has kept the price elevated since April.
Yesterday's intraday rise has reversed strongly, leaving us a long-tailed Pin Bar on our chart and the pair looks ready for a new drop.
Short-term support is around 1.63 and a drop under could accelerate losses.
I'm looking to sell rallies for a new test of 1.58 support
EURNZD Long Opportunity - Just a pullback!Market Structure is KING!
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Here is my analysis for EURNZD for the upcoming week, wait for price to pullback to retest resistance and take a short down to the next DEMAND area than look to go long.
What are your thoughts? Leave it in the comments below!
Blue Signal FX Rules-Based Trading
1. CHECK THE NEWS!
2. WHAT IS THE OVERALL TREND? Market structure will give you direction.
3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
6. CHECK FOR DIVERGENCE.
Eurnzd testing TL Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:EURNZD
We can see market is falling slowing but testing its trendline.
So we are expecting more rise from its support TL.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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EURNZD | Perspective for the new weekWith a long-term bearish momentum identified on the higher time frame, there is a possibility that we might be having a short-term bullish momentum during the week. So, in this video, I explained how to take advantage of whatever bias that arises.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
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I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
EURNZD – Looking for a dip then bullish move – week of 27 JuneThe area around 1.6560 is quite significant as seen on the daily chart. Even though recent price action is quite messy with large wicks on both sides, I retain my bullish bias. I think we can see a base that has formed. I am looking for a dip down to 1.6560 before moving up to the next S/R level located at 1.7110.
If this setup works out as per above, we have the potential for a +4.5R trade.
AUDNZD is a similar setup with cleaner price action. I would advise taking only 1 of these trades or splitting the risk between the two.
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Always use sound money and risk management and stay patient in all your trades.