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NZDJPY to remain mixed and volatile?NZDJPY - 24h expiry The primary trend remains bearish. The sequence for trading is lower lows and highs. Preferred trade is to sell into rallies. Risk/Reward would be poor to call a sell from current levels. Bespoke resistance is located at 88.60. We look to Sell at 88.60 (stop at 88.95) Our profit targets will be 87.60 and 87.25 Resistance: 88.25 / 88.70 / 89.00 Support: 87.60 / 87.20 / 87.00 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
BTCUSDT Fresh Short Setup: Targeting Key Support Zones with SMC Description: This trade setup presents a Bitcoin short opportunity on the 4H timeframe using the Smart Money Concepts (SMC) framework. After a significant reaction from the supply zone, Bitcoin's price structure aligns with bearish confluences, signaling potential downside. Additionally, external events, such as the recent announcement of China's AI application "DeepSeek," may have amplified market volatility, further supporting the setup. Trade Setup: Entry: Between 103,300 and 104,500 Take-Profit Levels (TP): 101,897 99,825 97,565 95,208 Stop Loss (SL): Above 105,975 Analysis and Confluences: Market Structure: Bitcoin remains in a bearish trend on the 4H timeframe, with consistent lower highs and lower lows. Supply Zone: The price is entering the 103.3k–104.5k supply zone, a key resistance area where sellers are expected to dominate. Fibonacci Confluence: This zone overlaps with the 0.618–0.786 Fibonacci retracement levels, a high-probability reversal area. Liquidity Sweeps: Liquidity above previous highs has been swept, leaving the path clear for potential downside. Bearish Targets: The targets align with previous demand zones and liquidity pools at 101,897, 99,825, 97,565, and 95,208. Trade Plan: Confirmation: Wait for bearish price action signals or smaller timeframe BOS (Break of Structure) within the supply zone before entering. Risk Management: Adjust position size to keep risk within acceptable levels. After reaching TP1, move your stop loss to breakeven and secure partial profits. Final Note: While bearish bias dominates, unexpected macroeconomic events can cause reversals, so use tight risk management.
Short
by AdasX
1
SAFEMOON - Not so safe for the medium termIt looks as though there could be a fractal for SAFEMOON. Historiclally, we've seen rises like this but only to be dissapointed and for the trend to be reversed again. I've drawn out a blue line of what the most likely trajectory will occur. The only other alternative is that the upward trend will continue, buying action will surge and we will see a bursting through of the upper trend line and escape the channel. If it comes back within the channel momentarily, that's fine - but not if the volume dies down and we stay within. So, it doesn't look great for an investment and I wont be putting anyting into it. Follow for more.
by cryptechcapital
2
Boeing (BA): Is Boeing Finally Breaking the Bearish Trend?Boeing has faced significant challenges since March 2020, and when zoomed out, the stock has been trading in a well-defined range between $265 (range high) and $120 (range low), with the mid-range at $192. These levels have been respected repeatedly. From an Elliott Wave perspective, starting the count from the COVID low, we’ve observed consistently deep wave 2 corrections. Following the recent low of $138 in November 2023, we believe Boeing has broken the bearish trend that began in December 2022, signaling a trend reversal. Currently, we anticipate the completion of the very minor wave (i) soon, followed by wave (ii) correction between the 61.8% and 88.2% Fibonacci retracement levels. To safeguard against Boeing’s historically deep corrections, we are placing the stop-loss slightly below 100% of wave 2. Looking ahead, the wave structure suggests that Boeing could eventually break out of this long-standing range. For now, the focus is on reclaiming and holding the mid-range level at $192. Our target in this setup is to reach $265 (range high), but it is crucial to first see the mid-range flipped into support. Key Levels: Support: $147 Resistance: $192
NYSE:BALong
by freeguy_by_wmc
Light Crude Oil Futures (CL1!): Setting New LimitsWe’ve been patiently waiting for an entry at $58, but the market hasn’t reached our level. After reassessing the chart, we believe it’s now more profitable to play CL1! as a long following what appears to have been a fake breakout. Recent developments, including Trump’s declaration of a national energy emergency to “unlock the liquid gold under our feet” and prioritize U.S. oil and gas development, could bolster bullish sentiment in the energy sector. If our wave count is correct, we are currently in intra wave 2 of wave ((iii)). If this setup holds, a target of at least $115 seems achievable. We are placing our limit order and will patiently wait to get filled. Key Levels at the moment: Support Zone: $67.70–$64.40 Resistance Zone: $85–$88
NYMEX:CL1!Long
by freeguy_by_wmc
NZDJPY to find sellers at market price?NZDJPY - 24h expiry The primary trend remains bearish. The sequence for trading is lower lows and highs. Preferred trade is to sell into rallies. Risk/Reward would be poor to call a sell from current levels. Bespoke resistance is located at 88.15. We look to Sell at 88.27 (stop at 88.67) Our profit targets will be 87.27 and 86.90 Resistance: 88.00 / 88.50 / 88.75 Support: 87.50 / 87.00 / 86.70 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
USOIL Short Setup: Key Zone to WatchUSOIL is testing a significant resistance zone around the 78.00 level, an area where price previously faced strong selling pressure. Current price action suggests potential exhaustion, with signs of rejection visible. If sellers take control, a pullback toward the 76.01 level, acting as the first key support, could be in play. Traders should look for bearish confirmation, such as reversal candlestick patterns or breakdowns below recent lows, to position for a potential short move.
TVC:USOILShort
by TrendDiva
EURGBP to continue in the bullish channel?EURGBP - 24h expiry Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. 20 4hour EMA is at 0.8429. We look to buy dips. Dip buying offers good risk/reward. A break of the recent high at 0.8463 should result in a further move higher. We look to Buy at 0.8431 (stop at 0.8409) Our profit targets will be 0.8489 and 0.8499 Resistance: 0.8454 / 0.8464 / 0.8485 Support: 0.8436 / 0.8420 / 0.8404 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.
Long
by OANDA
BTCUSD | 1D SMC Short Setup with Refined SL and TargetsDescription: This analysis identifies a high-probability short opportunity for BTCUSD on the 1D timeframe using the Smart Money Concepts (SMC) framework. The chart shows clear bearish confluences, including market structure, supply zones, liquidity levels, and Fibonacci retracement zones. I believe the current bullish momentum is merely a manipulation driven by inflation news and the upcoming Trump inauguration. Following these events, I anticipate a significant market correction. Here’s the detailed breakdown and trade plan: Analysis: Market Structure: Break of Structure (BOS): Price has confirmed a bearish trend with BOS to the downside, signaling a continuation of lower highs and lower lows. Trendline Resistance: A well-defined downward trendline indicates selling pressure, reinforcing the bearish bias. Key Zones and Liquidity: Supply Zone: Highlighted in purple at $102,000-$104,000 . This zone represents an area where strong selling previously occurred, creating an imbalance. Golden Zone (Fibonacci Retracement): Located around $101,000-$103,000 , this area aligns with the 61.8%-78.6% retracement levels and offers a high-probability reversal opportunity. Weak High: The high near $104,000 represents untapped liquidity, which smart money may target for a liquidity grab before reversing lower. Equal Lows (EQL): Around $92,000 , these act as a bearish target where liquidity rests, aligning with the continuation of the bearish trend. Confluences for Short Entry: Price is approaching the supply zone and Fibonacci Golden Zone , indicating a potential reversal point. The weak high may trigger a liquidity grab to entice buyers before sellers regain control. Previous BOS and trendline resistance add further validation to the bearish bias. Trade Plan: Short Entry Setup: Entry Zone: $102,000-$104,000 (inside the supply zone and Golden Zone). Stop Loss (SL): $105,500 (above the supply zone and imbalance to account for liquidity grabs). Take Profit Levels: TP1: $97,000 – Close partial profits at this imbalance mitigation level. TP2: $92,000 – Target the equal lows and resting liquidity. TP3: $88,000 – Final target near the blue demand zone for maximum reward. Risk-Reward Ratio: With the entry at $103,000 (midpoint of supply), SL at $105,500, and TP at $92,000, the trade offers a 1:4 RR or better, depending on execution and scaling. Additional Notes: Monitor the price action closely as BTC approaches the supply zone for confirmation, such as bearish candlestick patterns or lower timeframe CHoCH (Change of Character). Scaling into the trade in smaller portions across the supply zone can improve overall entry precision. Adjust stop loss or take profit levels as market conditions evolve
Short
by AdasX
2
BTC, higher highs incomingBTC has shown huge confidence in with a trendline breakout on price, volume and MACD is looking near vertical too. These are what I call signals that 'jive' together. I would never place a trade on one signal alone, I try and gain as many signals to jive as possible before risking any assets. It's great to see and that means we're within the long awaited wave 5 of larger degree of trend 1. Which, would see at least 135k. Exciting, high confidence here. Follow and share for more.
COINBASE:BTCUSDLong
by cryptechcapital
1
Is This the Most Perfect Bollinger Band Breakout Ever?I’ve been keeping an eye on XCN/USDC, and this latest move is something else. After a sharp drop that looked like a liquidity grab, we’ve seen a stunning recovery and breakout above the upper Bollinger Band. Could this be the start of something huge? This kind of setup has the potential to keep running, and I wouldn’t be surprised if we see new highs soon. Is this the strongest bounce we’ve seen in weeks, or do you think there’s more consolidation ahead? Drop your thoughts, follow, and share for more insights like this. Let’s see where this takes us!
by cryptechcapital
Nikkei to find sellers at previous support?NIK225 - 24h expiry Price action looks to be forming a bottom. A higher correction is expected. With the Ichimoku cloud resistance above we expect gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Further downside is expected although we prefer to sell into rallies close to the 39280 level. We look to Sell at 39280 (stop at 39607) Our profit targets will be 38345 and 37705 Resistance: 39660 / 40720 / 42155 Support: 37705 / 36330 / 34955 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.
OANDA:JP225USDShort
by OANDA
2
Pareto Chart V.1 Crypto The Whale’s Perspective: A Comprehensive Framework for Market Mastery This chart setup reflects a disciplined and strategic approach to navigating the cryptocurrency market. Rooted in principles of supply and demand, institutional flows, and psychological patterns, it aligns with a philosophy designed to trade like a whale and outsmart retail sentiment. Here's the philosophy behind it: 1. Big Picture Thinking: Macro Over Micro The combination of BTC/USD, ETH/USD, and BTC Dominance charts provides a holistic view of market dynamics. BTC sets the tone for macro trends, ETH offers insights into altcoin strength, and dominance charts highlight shifts in risk appetite between Bitcoin and altcoins. Why it Matters: Big-picture thinking ensures you're not distracted by short-term noise but stay focused on structural trends and institutional flows. 2. Momentum and Mean Reversion: RSI as a Psychological Barometer The RSI on BTC and ETH charts highlights overbought and oversold zones, giving insight into market momentum and the emotional state of participants. How to Use It: A contrarian mindset takes advantage of extreme fear (RSI < 30) or euphoria (RSI > 70), aligning entries and exits with shifts in sentiment. 3. Supply and Demand: Volume Profile and VWAP The Volume Profile and VWAP on BTC and ETH emphasize key liquidity zones and institutional value areas. Price gravitates toward these zones, where high-volume transactions indicate areas of accumulation or distribution. Philosophy : Accumulate at demand zones and distribute at supply zones, trading where the whales operate. 4. Contrarian Sentiment: Fear and Greed Index The Fear and Greed Index serves as a pulse for market psychology, complementing technical analysis. Extreme fear often aligns with buying opportunities, while extreme greed signals caution and distribution. Guiding Principle: "Buy when others are fearful, sell when others are greedy." This aligns with the contrarian aspect of the philosophy. 5. ETH/BTC Pair: Risk-On/Risk-Off Dynamics The ETH/BTC chart is a critical indicator of altcoin strength relative to Bitcoin. A rising ETH/BTC ratio signals a "risk-on" environment where altcoins outperform, while a declining ratio points to Bitcoin dominance and risk-off sentiment. Tactical Use: Adjust portfolio allocations based on the relative strength of ETH against BTC. 6. Discipline and Patience This setup emphasizes disciplined entries and exits at high-probability zones. Alerts, support/resistance levels, and confluence across indicators help avoid impulsive trades. Mindset: Wait for the trade to come to you. Reacting prematurely sacrifices the strategic edge. Conclusion: The Art of Whale-Level Trading This setup embodies a whale’s approach to the market: strategic, data-driven, and psychologically grounded. By combining macro insights, sentiment analysis, and technical precision, this framework empowers traders to align with smart money and capitalize on the inefficiencies of emotional retail behavior.
INDEX:ETHUSDLong
by Pareto-lue
3
EURNZD to find buyers around market price?EURNZD - 24h expiry The primary trend remains bullish. Dips continue to attract buyers. Dip buying offers good risk/reward. 20 1day EMA is at 1.8353. We look for a temporary move lower. We look to Buy at 1.8355 (stop at 1.8295) Our profit targets will be 1.8505 and 1.8535 Resistance: 1.8340 / 1.8481 / 1.8500 Support: 1.8368 / 1.8350 / 1.8280 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.
Long
by OANDA
bch sell midterm buy limit"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
Long
by Golden_candle
GBPUSD to continue in the downward move?GBPUSD - Intraday The primary trend remains bearish. Bullish divergence is expected to support prices. We look for a temporary move higher. Preferred trade is to sell into rallies. Bespoke resistance is located at 1.2350. We look to Sell at 1.2350 (stop at 1.2380) Our profit targets will be 1.2245 and 1.2225 Resistance: 1.2320 / 1.2360 / 1.2400 Support: 1.2240 / 1.2210 / 1.2180 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
EURAUD to see a capped rally?EURAUD - 24h expiry The medium term bias remains bearish. A higher correction is expected. Preferred trade is to sell into rallies. Bespoke resistance is located at 1.6680. The hourly chart technicals suggests further upside before the downtrend returns. We look to Sell at 1.6680 (stop at 1.6730) Our profit targets will be 1.6540 and 1.6510 Resistance: 1.6660 / 1.6700 / 1.6750 Support: 1.6600 / 1.6550 / 1.6500 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
NZDJPY forming a top?NZDJPY - 24h expiry The primary trend remains bearish. Price action looks to be forming a top. Preferred trade is to sell into rallies. The hourly chart technicals suggests further upside before the downtrend returns. Bespoke resistance is located at 89.00. We look to Sell at 89.00 (stop at 89.25) Our profit targets will be 88.40 and 88.20 Resistance: 88.90 / 89.10 / 89.40 Support: 88.60 / 88.25 / 88.00 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
EURGBP intraday rallies to continue attract sellers?EURGBP - 24h expiry The primary trend remains bearish. 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. The bearish engulfing candle on the 4 hour chart is negative for sentiment. 50 1day EMA is at 0.8310. We look to Sell at 0.8309 (stop at 0.8329) Our profit targets will be 0.8259 and 0.8249 Resistance: 0.8300 / 0.8315 / 0.8328 Support: 0.8285 / 0.8263 / 0.8250 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
NZDUSD to find sellers at current resistance?NZDUSD - 24h expiry Price action looks to be forming a top. An Evening Star formation has been posted at the high. This is negative for sentiment and the downtrend has potential to return. We look for a temporary move higher. Further downside is expected although we prefer to sell into rallies close to the 0.5657 level. We look to Sell at 0.5657 (stop at 0.5690) Our profit targets will be 0.5587 and 0.5520 Resistance: 0.5705 / 0.5775 / 0.5850 Support: 0.5590 / 0.5520 / 0.5320 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 previous support?EURNZD - 24h expiry Short term bias has turned negative. We are trading at overbought extremes. Preferred trade is to sell into rallies. Risk/Reward would be poor to call a sell from current levels. 50 4hour EMA is at 1.8398. Previous support at 1.8400 now becomes resistance. We look to Sell at 1.8389 (stop at 1.8445) Our profit targets will be 1.8249 and 1.8229 Resistance: 1.8384 / 1.8400 / 1.8450 Support: 1.8320 / 1.8280 / 1.8250 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