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Eurnzdshort

EURNZD | BUY ON BREAKOUTEURNZD is looking in good bullish momentum, but currently price is standing at important level. EMA100 - This ema has been reactive in the past as highlighted on the charts and price is filerting with it now. A break above will be more safest entry. Horizontal Resistance 1.63312 - This resistance was the breakout level before consolidation and we see price resist or took support before moving on. Currently price is standing just under it. Cup & Handle - On shorter time frame (4H) price is making a cup and handle pattern and break of cup will call for bulls. Trade your levels accordingly.
Long
by JustTradeSignals
1
EURNZD | New perspectiveIt is obvious that since the beginning of March 2022, we have been experiencing what appears to be a reversal structure on the daily timeframe as there is a possibility that price might break out of the structure and set the tone for a bullish momentum in the nearest future. However, I am of the opinion that price action might first go into a correction phase before this move finally happen. In this regard, I am looking for a bearish opportunity at this juncture in the market. 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. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. 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.
Short
by darcsherry
4