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Eurnzdshort

Selling EURNZD at trend line resistance.EURNZD - Intraday - We look to Sell at 1.6569 (stop at 1.6609) Trend line resistance is located at 1.6580. Bespoke resistance is located at 1.6570. Our short term bias remains negative. Preferred trade is to sell into rallies. Our profit targets will be 1.6469 and 1.6449 Resistance: 1.6470 / 1.6520 / 1.6570 Support: 1.6430 / 1.6400 / 1.6370 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
1
Selling EURNZD into a trend line.EURNZD - Intraday - We look to Sell at 1.6629 (stop at 1.6669) Trend line resistance is located at 1.6635. Prices expected to stall near trend line resistance. We look for a temporary move higher. Preferred trade is to sell into rallies. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. Our short term bias remains negative. Our profit targets will be 1.6529 and 1.6509 Resistance: 1.6540 / 1.6570 / 1.6600 Support: 1.6480 / 1.6420 / 1.6370 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
1
EURNZD gains to be capped at trend of lower highs.EURNZD - Intraday - We look to Sell at 1.6699 (stop at 1.6733) The trend of lower highs is located at 1.6700. 20 1day EMA is at 1.6711. Our short term bias remains negative. Preferred trade is to sell into rallies. We look for a temporary move higher. Our profit targets will be 1.6614 and 1.6604 Resistance: 1.6655 / 1.6680 / 1.6700 Support: 1.6600 / 1.6570 / 1.6530 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
Selling EURNZD at previous support.EURNZD - Intraday - We look to Sell at 1.6598 (stop at 1.6638) Previous support at 1.6600 now becomes resistance. Our short term bias remains negative. Preferred trade is to sell into rallies. 20 4hour EMA is at 1.6609. Our profit targets will be 1.6498 and 1.6478 Resistance: 1.6500 / 1.6540 / 1.6600 Support: 1.6480 / 1.6440 / 1.6400 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 - MARKET SENTIMENT WITH TRADE IDEA#EURNZD Currently, according to CURRENTLY STRENGTH, EUR is going down a bit. The reason is that ECB RATE HIKE SENTIMENT is not PRICE. And the NZD is going down a bit more than the EUR right now. COMMODITIES DOWN due to OVERALL MARKET RISK ON, NZD is UP now.. due to this, EURNZD is WEAK. Therefore, EURNZD can definitely go up to the resistance area of this triangle pattern before going down again. So keep an eye on it. If any MARKET SENTIMENT changes, EURNZD can go up to 1.6825 LEVEL. After that EURNZD can be SELL by BREAKING STRUCTURES and can SELL at 1.6200 LEVEL. So stay tuned for MARKET UPDATES.
by benny_marshall
Selling EURNZD at daily 20 EMA.EURNZD - Intraday - We look to Sell at 1.6827 (stop at 1.6867) Our short term bias remains negative. Preferred trade is to sell into rallies. 20 1day EMA is at 1.6827. Our profit targets will be 1.6727 and 1.6707 Resistance: 1.6740 / 1.6800 / 1.6830 Support: 1.6700 / 1.6670 / 1.6640 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
Selling EURNZD at market.EURNZD - Intraday - We look to Sell at 1.6679 (stop at 1.6719) Daily signals are bearish. Our short term bias remains negative. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. There is no clear indication that the downward move is coming to an end. 20 4hour EMA is at 1.6680. Our profit targets will be 1.6579 and 1.6559 Resistance: 1.6650 / 1.6700 / 1.6750 Support: 1.6600 / 1.6570 / 1.6530 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 continues to trend downwards.EURNZD - Intraday - We look to Sell at 1.6721 (stop at 1.6761) There is no clear indication that the downward move is coming to an end. Daily signals are bearish. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. 20 4hour EMA is at 1.6722. Our profit targets will be 1.6621 and 1.6601 Resistance: 1.6700 / 1.6740 / 1.6770 Support: 1.6650 / 1.6621 / 1.6600 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 - MARKET SENTIMENT WITH TRADE IDEA#EURNZD Currently, according to CURRENTLY STRENGTH, EUR is going down a bit. The reason is that ECB RATE HIKE SENTIMENT is not PRICE. And the NZD is going down a bit more than the EUR right now. COMMODITIES DOWN due to OVERALL MARKET RISK ON, NZD is UP now.. due to this, EURNZD is WEAK. Therefore, EURNZD can definitely go up to the resistance area of this triangle pattern before going down again. So keep an eye on it. If any MARKET SENTIMENT changes, EURNZD can go up to 1.6988 LEVEL. After that, EURNZD can be SELL by BREAKING STRUCTURES and can SELL at 1.6304 LEVEL. So stay tuned for MARKET UPDATES.
by benny_marshall
Selling EURNZD into previous support.EURNZD - Intraday - We look to Sell at 1.6845 (stop at 1.6884) Previous support at 1.6840 now becomes resistance. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Our short term bias remains negative. 20 4hour EMA is at 1.6838. Our profit targets will be 1.6748 and 1.6728 Resistance: 1.6800 / 1.6840 / 1.6870 Support: 1.6730 / 1.6700 / 1.6670 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 could drop to supportAfter the break above the horizontal resistance level from 1.7150, EurNzd has traded in a range between this zone and a high of around 1.75 for one month. The pair couldn't continue its ascent and fell back down under support proving the up break as a false one. After the recent low, a correction to the up side followed and the final of this correction is in the old resistance and is marked by two reversal candles, Friday's one being a pin bar. I expect a new leg down from this pair and I'm looking to sell rallies. The target can be set around 1.64 support and only a daily close above 1.7150 would negate this bearish scenario
Short
by Mihai_Iacob
5
EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD Currently, according to CURRENTLY STRENGTH, EUR is going down a bit. The reason is that ECB RATE HIKE SENTIMENT is not PRICE. And the NZD is going down a bit more than the EUR right now. Due to MARKET RISK OFF, NZD is going down because COMMODITIES are going down.. Due to this, EURNZD is getting weak. Therefore, EURNZD can definitely go DOWN to the SUPPORT AREA of this CHANNEL before going UP again. So keep an eye on it. If any MARKET SENTIMENT changes, EURNZD can SELL up to 1.6603 LEVEL. Also EURNZD can be BUY at 1.7845 LEVEL. So stay tuned for MARKET UPDATES.
by benny_marshall
EURNZD: PAIRING FOR SHORTS!!! Eurnzd just took out the buyside liquidity in the direction of the orderflow, price created liquidity Void in the process of purging the liquidity. we're currently in a premium price, knowing that the smart money is still likely going to send price higher on EURNZD for the rest of this year,and knowing that the smart money buy cheap and sell high, I'm expecting price to start trading lower anytime soon to come to fill in the liquidity Void and trade to discount before we continue the buys. we just got the high of the week created yesterday, we are likely to see the rest of the week continue to be bearish. also we just had a quarterly shift this backs it up 100%. STEFANFX......
Long
by stefan143
2
EURNZD rallies to be capped.EURNZD - 12h expiry - We look to Sell at 1.7188 (stop at 1.7235) Short term bias has turned negative. Rallies should be capped by yesterday's high. Preferred trade is to sell into rallies. Our profit targets will be 1.7062 and 1.7042 Resistance: 1.7130 / 1.7170 / 1.7200 Support: 1.7040 / 1.7000 / 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.
Short
by OANDA
Selling EURNZD into current resistance.EURNZD - 11h expiry - We look to Sell at 1.7319 (stop at 1.7366) Short term bias has turned negative. Short term MACD has turned negative. We look for a temporary move higher. Preferred trade is to sell into rallies. Our profit targets will be 1.7188 and 1.7168 Resistance: 1.7200 / 1.7240 / 1.7320 Support: 1.7130 / 1.7100 / 1.7060 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