Eurnzdshort
EURNZD short trade ideaPlan: wait for the price to bounce off from trendline or resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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GWBFX
EURNZD Sell the downtrend.EURNZD - Intraday - We look to Sell at 1.7009 (stop at 1.7044)
Pivot resistance is at 1.6980.
Daily signals are mildly bearish.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a temporary move higher.
200 4hour EMA is at 1.7003.
The trend of lower highs is located at 1.7010.
Our profit targets will be 1.6904 and 1.6851
Resistance: 1.6940 / 1.6980 / 1.7000
Support: 1.6880 / 1.6850 / 1.6820
EURNZD-- Looking for buy SignalDisclaimer:
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is no signal. it's my opinion. trade your own risk. and Must Follow Money management.
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Thank you for your support!
EURNZD - watching the daily chart ..19Jan 2021This pair in on my watchlist as I expect a reversal (continuation of downtrend) to occur at one of the 2 (green) zones on my chart.
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As always, please use sound money and risk management in all your trades.
EUR/NZD down trend now LH and is going to drop to LLHi traders,
as we look at EUR/NZD, It is in an down trend and is still going down.
After the EU market opened EUR/NZD broke a bit above the trend line this is normal and prob go down, because it is in an down trend right now.
If you take the trade good you will have a 1/5 rr ratio. Still be careful I'm not responsible for your trades.
Semfttrading
EURNZD - Bearish BiasEUR - BEARISH
1️⃣ Concerns over rising COVID-19 cases, fresh lockdowns and the slow pace of vaccination.
2️⃣ The European Central Bank's economic bulletin showed that Euro Area economic indicators pointed to a fourth-quarter economic contraction.
NZD - BULLISH
1️⃣ The positive risk tone boosted the antipodeans.
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Technical
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We are looking to sell the EURNZD at the resistance of 1.69000 + below SMA 50 on the H1 chart.