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Eurnzdshort

EURNZD intraday rallies continue to attract sellers.EURNZD - 24h expiry 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. Preferred trade is to sell into rallies. Bespoke resistance is located at 1.7520. Expect trading to remain mixed and volatile. We look to Sell at 1.7518 (stop at 1.7578) Our profit targets will be 1.7368 and 1.7338 Resistance: 1.7450 / 1.7470 / 1.7520 Support: 1.7397 / 1.7350 / 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.
Short
by OANDA
7 Dimension Trade Idea For EURNZD 😇 7 Dimension Analysis Time Frame: H4 1️⃣ Swing Structure: Bearish 🟢 Structure Behavior: Break of Structure (BoS) 🟢 Swing Move: Impulsive 🟢 Inducement: Liquidity sweep and start impulse 🟢 Pull Back: 1 🟢 Internal Structure: Bearish 🟢 Decisional OB: Mitigated and gave a proper reaction Support Resistance Breakout/CIP: Playing a major role 🟢 Traps: False Breakout, considering the continuation, Shakeout 🟢 Time Frame Confluence: Daily 2️⃣ Pattern 🟢 CHART PATTERNS: Consolidation Gramophone Breakout, Shakeout Continuation Done 🟢 CANDLE PATTERNS: Long wick: at CIP area bearish, Momentum: many bearish candles appeared here, 3️⃣ Volume 🟢 A substantial volume observed during the consolidation phase, and also good at the breakout, meaning bears have full control of this pair 4️⃣ Momentum RSI 🟢 Zone: Bearish to sideways consolidation 5️⃣ Volatility Bollinger Bands 🟢 Middle band: Price Around here 🟢 Price is fully contracted in this point, volatility is compressed 6️⃣ Strength According to ROC 🟢 Values: 3.33 vs 7.04, NZD is much stronger than EUR 7️⃣ Sentiment: A small sell entry ✔️ Entry Time Frame: H1 ✅ Entry TF Structure: Bearish ☑️ Current move: Impulsive ✔ Resistance Base: Trend line resistance ☑️ Candles Behavior: Momentum ☑️ FIB Trigger event: Done ☑️ Trend line breakout: Done 💡 Decision: Sell right at the opening 🚀 Entry: 1.7498 ✋ Stop Loss: 1.7555 🎯 Take Profit: 1.7305 2nd If Internal Structure changes also Exit 3rd Trendline Breakout, Fomo 😊 Risk to Reward Ratio: 3.3 🕛 Expected Duration: 3 days SUMMARY: The analysis indicates a bearish stance with a well-defined structure and pattern confluence. Volume and momentum align with the bearish bias. The decision is to sell at the opening with specified levels for entry, stop loss, and take profit, considering potential internal structure changes and trendline breakouts.
Short
by Optimum369
EURNZD H3 / Strong resistance level, SHORT TRADE OPPORTUNITY ✅Hello Traders! This is my perspective for EURNZD H3. I see a strong resistance level on a descending trend. Also, another important resistance level at the price of 1.76300 where I expect a retracement until the DL (Daily Low), representing a good opportunity for SHORT TRADE EXECUTION. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
Short
by GoodTradeST
3
Nearly Time To SELL Again For Move To 1.70??This pair looks like it is starting to transition into a longer term downtrend with the formation of lower highs and higher lows on the weekly charts. Last Month we seen a breakdown that was able to take out the October low at 1.75 and moved lower slightly creating the new low this is indicating that more HTF selling is on the cards and is why I will be looking to sell this pair. But first here's I want to see price rise up towards and above 1.785 as this is firstly a nice liquidity zone created last month if you look at the daily chart below see how price crashed here last month. (image below) Also located here is the 50% and 61.8% fib retracement levels from last Months near 800 pip drop 1.785 to 1.80 will be a really good area to look for selling opportunities for the next leg down. I will be waiting for price to move up and above 1.78 and then looking for evidence of slowing of momentum on the lower timeframes once confirmed will then use my TRFX indicator to look for sell signals on timeframes from the 4hr to the Daily. Targets for this position will be a new low possibly targeting 1.73 first which should draw some support before heading down towards 1.70. Stop loss will be above 1.81 depending on where I get in the market. Hope you enjoyed the read.
Short
by TheFxAce
13
EUR/ NZD!! 12/12 trendline down SELL NOW⭐️ Smart investment, Strong finance ⭐️ Personal comments NOVA: The price entered the downtrend line area, setting up a SELL signal ⭐️ SET UP EUR/NZD PRICE: 🔥SELL zone: 1.75500 - 1.75650 SL 1.76000 TP1: 1.75100 TP2: 1.74700 TP3: 1.74400 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
Short
by Nova-Scalper
2
EURNZD Long Term Selling Buying IdeaHello Traders In This Chart EURNZD HOURLY Forex Forecast By FOREX PLANET today EURNZD analysis 👆 🟢This Chart includes_ (EURNZD market update) 🟢What is The Next Opportunity on EURNZD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexPlanet20
EURNZD I Double top neckline broken and more downsideWelcome back! Let me know your thoughts in the comments! ** EURNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
EURNZD Long Term Selling Buying IdeaHello Traders In This Chart EURNZD HOURLY Forex Forecast By FOREX PLANET today EURNZD analysis 👆 🟢This Chart includes_ (EURNZD market update) 🟢What is The Next Opportunity on EURNZD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexPlanet20
EUR/NZD Sells Active - Swing Trade - Key Resistance 1.80500I have just taken a sell position on EUR/NZD expecting some good selling pressure over the next couple of weeks. From a technical perspective we can see price has come into the 1.08500 level which is a key area of daily/weekly resistance where in the past the market has reacted from favourably. I am expecting again a strong reaction from this area. I will not be going into the entry confirmation for this trade idea. Stoploss is going to be at the high of the current daily candle. Targets have been outlined within the screenshot provided.
Short
by FXEntries
2
EURNZD Long Term Selling Buying IdeaHello Traders In This Chart EURNZD HOURLY Forex Forecast By FOREX PLANET today EURNZD analysis 👆 🟢This Chart includes_ (EURNZD market update) 🟢What is The Next Opportunity on EURNZD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexPlanet20