Forex analytics and overview

EUR/NZD: Channel Opportunity

2024.05.29 09:17

Bearish:  Currently we are at 1.7694 in a channel.  We are looking to continue to the ATR target @ 1.7631 area with an outside target at the 1.000 Fibo @ 1.7593 area.  We have convergence in play for the short. Watch the USDX for direction. The average daily true range (ATR) for the pair is  85 pips per day and it’s 90 day average is 99 pips per day. USDX is currently threatening down.EURNZD-Channel opportunity

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 98,536.40 0.53%
ethereum
Ethereum (ETH) $ 2,791.11 0.51%
xrp
XRP (XRP) $ 2.52 4.05%
tether
Tether (USDT) $ 1.00 0.05%
solana
Solana (SOL) $ 204.95 3.62%
bnb
BNB (BNB) $ 574.55 1.05%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.264944 0.88%
cardano
Cardano (ADA) $ 0.768812 1.37%
staked-ether
Lido Staked Ether (STETH) $ 2,785.24 0.36%
tron
TRON (TRX) $ 0.225248 0.89%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,348.35 1.03%
chainlink
Chainlink (LINK) $ 19.81 3.62%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,302.33 0.35%
avalanche-2
Avalanche (AVAX) $ 26.74 0.31%
sui
Sui (SUI) $ 3.56 4.23%
stellar
Stellar (XLM) $ 0.341835 2.55%
hedera-hashgraph
Hedera (HBAR) $ 0.254929 1.10%
the-open-network
Toncoin (TON) $ 3.88 0.34%
shiba-inu
Shiba Inu (SHIB) $ 0.000016 3.63%
hyperliquid
Hyperliquid (HYPE) $ 27.31 3.26%
leo-token
LEO Token (LEO) $ 9.83 0.10%
litecoin
Litecoin (LTC) $ 107.89 4.87%
bitget-token
Bitget Token (BGB) $ 6.61 1.77%
weth
WETH (WETH) $ 2,785.97 0.38%
usds
USDS (USDS) $ 1.00 0.16%
polkadot
Polkadot (DOT) $ 4.81 0.07%
bitcoin-cash
Bitcoin Cash (BCH) $ 335.73 0.41%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.04%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,953.34 0.50%
uniswap
Uniswap (UNI) $ 9.35 0.15%
mantra-dao
MANTRA (OM) $ 5.73 3.22%
ondo-finance
Ondo (ONDO) $ 1.40 1.97%
pepe
Pepe (PEPE) $ 0.00001 0.01%
monero
Monero (XMR) $ 225.58 3.03%
aave
Aave (AAVE) $ 271.73 3.23%
near
NEAR Protocol (NEAR) $ 3.41 2.42%
whitebit
WhiteBIT Coin (WBT) $ 27.69 0.79%
official-trump
Official Trump (TRUMP) $ 19.77 12.64%
mantle
Mantle (MNT) $ 1.15 0.52%
aptos
Aptos (APT) $ 6.21 0.40%
dai
Dai (DAI) $ 0.999723 0.01%
internet-computer
Internet Computer (ICP) $ 7.16 0.45%
ethereum-classic
Ethereum Classic (ETC) $ 21.17 0.96%
bittensor
Bittensor (TAO) $ 364.18 2.09%
vechain
VeChain (VET) $ 0.035996 2.23%
crypto-com-chain
Cronos (CRO) $ 0.104876 3.41%
okb
OKB (OKB) $ 47.06 1.21%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.321153 1.64%
gatechain-token
Gate (GT) $ 21.12 0.95%