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Eurnzdlong

Buying EURNZD at 20 EMA.EURNZD - Intraday - We look to Buy at 1.7371 (stop at 1.7329) Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. Our short term bias remains positive. There is no clear indication that the upward move is coming to an end. 20 4hour EMA is at 1.7370. Our profit targets will be 1.7473 and 1.7493 Resistance: 1.7470 / 1.7500 / 1.7530 Support: 1.7400 / 1.7340 / 1.7300 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
EURNZD 1H LONG TRADING ANALYSISGood Day Traders I'm here with a new forex idea and analysis, Kindly share your LOVE by giving me LIKES and COMMENTS. Share with more traders like you. Follow me for more. Thanks in advance. #EURNZD 1H TRADING ANALYSIS Please support this idea with a LIKE if you find it useful. Thank you for reading this idea! I hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not Financial Advice. Do you want to catch those pretty pairs like this also? Follow me for free profitable trades, PEACE
Long
by Daily_Price_Action
EURNZD Double bottom BreakoutThe idea here is about Forex: Euro/New Zealand Dollar (EURNZD). My view is bullish short term for the above mentioned pair due to the below observed technical factors. Points as per TA on a Weekly Chart: 1. Double Bottom pattern completed and neckline broken on weekly chart and the target goes the same distance as the height of the pattern, up from the neckline as below: 2. Broken out of downtrend long back with false breakout and breakdown on weekly chart as below: 3. Support Established on 200 EMA as below : 4. Possible Butterfly pattern CD leg under formation and min Fibonacci distance from XD is 1.272 as below which can is considered as future target price: 5. Trading above 20 & 200 EMA on Daily chart. 6. Kumo Twist & Breakout on a daily chart is Strong and on weekly kumo twist is neutral & Kumo breakout is currently consolidating. 7. RSI is at 73.14 on a daily and 66.31 on weekly chart at the time of publishing. 8. MACD way above signal line on weekly & daily chart. 9. Hull Moving Average & other Moving average is a strong Buy Signal on Daily, Weekly & monthly chart. 10. ADX is at 54.46 on daily chart (ADX Value above 50 is considered as very strong trend) & 13.19 on weekly chart (ADX value below 25 is considered as absent or weak trend). 11. Volume Spike in weekly chart signals strong Momentum. Projected targets provided in chart. Stop Loss: provided in Chart. Note: Please bear with me if there is anything which I might have missed. Since, I am publishing my first TA on Forex. Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”. Do you like my TA & ideas!! Want to keep yourself updated with current market action? Then don’t forget boost & to subscribe for more analysis. Do leave your valuable feedback & comments for any improvisations. Cheers.
Long
by Tron029
2
Continuing buying EURNZD at 20 EMA.EURNZD - Intraday - We look to Buy at 1.6971 (stop at 1.6933) Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. 20 4hour EMA is at 1.6976. We look to buy dips. There is no clear indication that the upward move is coming to an end. Our profit targets will be 1.7066 and 1.7086 Resistance: 1.7040 / 1.7070 / 1.7100 Support: 1.7000 / 1.6970 / 1.6930 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