EURNZD PREMATURE SHORT IDEA - WAIT FOR CONFIRMATION
Aktualisiert
This Week's Fundamental Analysis
Logikfx's Macro Currency Strength Meter (MCSM) helps investors quickly see the fundamentals for each currency in the coming week. Save time, trade better.
For Week 38 in 2022
Strong Currencies: SGD = 25 (+25), NZD= 47 (+20), ZAR = 29 (+24) ... See more
Weak Currencies: EUR = -27 (-5), GBP = -3 (-3), JPY = -27 (-15) ... See more
Sources
logikfx.com/post/best-currency-strength-meter
Logikfx's Macro Currency Strength Meter (MCSM) helps investors quickly see the fundamentals for each currency in the coming week. Save time, trade better.
For Week 38 in 2022
Strong Currencies: SGD = 25 (+25), NZD= 47 (+20), ZAR = 29 (+24) ... See more
Weak Currencies: EUR = -27 (-5), GBP = -3 (-3), JPY = -27 (-15) ... See more
- EURNZD is reaching a 'sell-zone' from July 2022, which peaked at 1.69862. The current price resides at 1.68079.
- Retail trader volume peaked alongside price movement slowing down. This may be early signs of selling pressure.
- WARNING - Lack of price-low broken prior to this uptrend. This may suggest a short trade is premature
Sources
logikfx.com/post/best-currency-strength-meter
Anmerkung
Price congesting near sell price. Wait for confirmation of a lower low - lower high formation before entering short. If this doesn't occur idea is too early.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.