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Eurnzdshort

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 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
EURNZD to stall at previous swing high?EURNZD - 24h expiry - Price action has posted a Doji candle and signals a possible reversal of the recent trend. Expect trading to remain mixed and volatile. 1.7492 has been pivotal. A higher correction is expected. We look for a temporary move higher. We look to Sell at 1.7488 (stop at 1.7538) Our profit targets will be 1.7368 and 1.7348 Resistance: 1.7497 / 1.7530 / 1.7570 Support: 1.7435 / 1.7400 / 1.7350 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
EURNZD to find resistance at market?EURNZD - 19h expiry - We look to Sell at 1.7373 (stop at 1.7423) Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. Bearish divergence is expected to cap gains. We look for a temporary move higher. Preferred trade is to sell into rallies. A higher correction is expected. Our profit targets will be 1.7253 and 1.7233 Resistance: 1.7370 / 1.7410 / 1.7459 Support: 1.7306 / 1.7270 / 1.7240 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