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EUR-NZD

Wait for sign to bounce and go long for this reversal... If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Long
by Shadowing_The_Big_Boys
EURNZD facing bearish pressure, potential for further downside!Price is facing bearish pressure as it holds under the descending trendline resistance and MACD holds under the 0 line, in line with our bearish bias. We could potentially see a reversal at 1st resistance, in line with our 61.8% Fibonacci retracement, 78.6% Fibonacci extension and descending trendline resistance, and further downside towards 1st support, in line with our 78.6% Fibonacci extension and horizontal swing low support. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by TradeGATEHub
2
EURNZD testing the 0.5 Fibonacci level 🦐EURNZD after the last impulse over the weekly resistance started a retracement move. The market is now testing the 0.5 Fibonacci level near to the weekly support. According to Plancton' strategy if the price will break above and the conditions will be satisfied we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger. Leave a comment that is helpful or encouraging. Let's master the markets together
Long
by InkyGrip
18
EURNZD Sell the resistance.EURNZD - Intraday - We look to Sell at 1.6815 (stop at 1.6841) Daily signals are mildly bearish. 20 4hour EMA is at 1.6810. Preferred trade is to sell into rallies. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Our outlook is bearish. A break of yesterdays low would confirm bearish momentum. Our profit targets will be 1.6742 and 1.6702 Resistance: 1.6800 / 1.6850 / 1.6900 Support: 1.6760 / 1.6730 / 1.6700
Short
by Signal_Centre1
4
EURNZD - 29 March - 2 April 21 Week Trade PlanEURNZD Previous Month : Bearish Previous Week : Bullish Daily : Bearish - EURNZD managed finally to break the range 1.6660/1.6520 to the upside with a solid 300 pip bullish candle which was due to NZD housing prices and Risk Off sentiment in market (NZD is a risk driven currency) reaching a solid resistance zone 1.7020/1.6980. - Currently resistance zone is a historical Sup/Res that did hold for several times. Lately acted as a solid resistance during Jan in a ranging area from 1.7020 1.6820. - COT report showing that NZD long positions are getting closed while NZD shorts are not increasing which means that this is a take profit for Long positions and still not a change in positions to Short NZD. We need more views on next 2 weeks positioning in order to have clear view on position changes. - Seasonality showing that EURNZD will reach it’s top this month and will start continuing it’s bearish trend. Which could justify the spike this month along with the COT long positions. - I’m looking for EURNZD to range between 1.7020/1.6820 after the current run from the lows created at 1.6500 which acts as a HL after the 1.6320 LL created in Feb. - Will prefer longs with support formation above 1.6700 to retest the highs created at 1.6980 and may be continuation. And shorts with resistance formation below 1.6980 to retest the broken range high at 1.6660/1.6620 - Building Permits on Tuesday and Consumer Confidence on Thursday may give some move during Asian Session but not trend changer. Weekly Trade Plan 4H Chart:
by Amr_Sadek
EUR/NZD Multi-timeframe Analysis + Bullish SetupGood morning traders, today we bring you our bullish setup in the EUR/NZD pair along with its long-term analysis. 🔸As we see in the 4H chart, the price is in a great consolidation at the edge of the bearish channel. 🔸Regarding the corrective pattern, it is a clear A-B-C pattern, which we can now consider finished. 🔸If we draw the trendline of the corrective move, it has already been broken. 🔸Although the previous point is evident, we consider that the safe place to take bullish positions above wave B of the correction, since it is the previous high, and, if it is penetrated to the upside, that will be a clear bullish signal. 🔸Regarding to the stop loss, it is positioned below the structure. 🔸The take profit is in the next Resistance zone. 🔸The reason why we look for this setup in the 4H chart is because of the clear bounce that the price is making in a huge zone in the weekly chart, we can see it below.
Long
by ThinkingAntsOk
1
EURNZD - 22-26 March 21 Week Trade Plan EURNZD Can't find a clear direction for EURNZD now as we are in a very tide range for 3 weeks. A break of this range and a sustain momentum after the break will give us a clear way where we are heading. I recommend not to trade EURNZD till a clear direction. Previous Month : Bearish Previous Week : Bearish Daily : Bearish - The COT report showing that NZD buyers are closing longs and Shorts had increased to 40% from 30% last week. With such change in positions, we could see EURNZD move to the upside but be cautious that this could be a profit taking for Long position. Will monitor COT report in coming weeks to clearly understand the positions swaps. - As for news this week, the important are on Monday Westpac Consumer Survey and Wednesday Trade Balance which will move the market. Trade Plan Daily Chart: Also refer to my last week analysis for more details:
by Amr_Sadek