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EUR-NZD

Bullish weaknessPrice filled the ineficiency from March 2019 but we did not see any significant reaction at the point of origin of that move. Price reamains below the 2020 close. Price is likely to keep dropping to ca yearly L1 - the next point of origin from July 19. 8 EMA weekly will acts as dynamic resistance in this move. Its is also carry trade as NZD is with higher interest rates vs EUR. For any bullish setups price needs to break above 2020 close and above 8 ema weekly. FOR EDUCATIONAL PURPOSES.
Short
by ICFX
1
EURNZD: BUYAfter some thorough technical analysis on higher timeframes with EURNZD, we feel there is a great BUY opportunity once market opens for this new week. Price closed at 1.68892 on Friday, January 29th which is right inside a BUY zone for that last week of last month and now into this new week. If you choose to take our BUY signal, make sure to enter around 1.68780 and set your Take Profit (TP) at 1.69565 and up to 1.69830 . Also, be sure to manage your risk with a proper Stop Loss (SL), ours is set at 1.68539 .
Long
by cupofconfidence
1
EURNZD - 1 - 5 Feb 21 Week Trade Plan FX:EURNZD Previous Month : Bearish Previous Week : Bearish Daily : Slightly Bullish - EURNZD since 5Jan still ranging between 6980 / 6840 after a long term bearish trend since the top created on March 2020. - The COT report still showing that 68% of institutional positions are Long NZD which is a bit less than last week, but still at it's highest levels since 3 years compared to 32% Short positions. This is translated on the chart with EURNZD sustaining it's bearish trend and we are seeing support levels broken every week. - Seasonality showing that NZD should be ranging during Feb after reaching the top during Jan by reaching 6770 sup and slightly to the weak side. - So with Current Range, COT and Seasonality; i'd expect EURNZD to be ranging and slightly moving up if we formed Support above 6980. - Through trading several Months EURNZD, I prefer to see retracements to any move in order to have a range to trade to target created. So i recommend to Short after retracement or break and Resistance formation below broken Support and vise versa for Longs. - We have important news for NZD on Wednesday for Employment and historical data shows 200 pip range on this news.
by Amr_Sadek
2
EURNZD looking up 🦐EURNZD on the 4h chart after a double bottom attempt to break below in a false breakout. The price from there took the liquidity and starts a new impulse to the upside. According to Plancton's strategy, if the conditions will be satisfied, we can 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.
Long
by InkyGrip
16
💡 Don't miss the great buy opportunity in EURNZDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.681). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURNZD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 60. Take Profits: TP1= @ 1.6975 TP2= @ 1.7068 TP3= @ 1.7218 TP4= @ 1.7345 TP5= @ 1.7475 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
5
💡 Don't miss the great buy opportunity in EURNZDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.681). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURNZD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 60. Take Profits: TP1= @ 1.6975 TP2= @ 1.7068 TP3= @ 1.7218 TP4= @ 1.7345 TP5= @ 1.7475 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
EURNZD - 25 - 29 Jan Week trade Plan FX:EURNZD Previous Month : Bearish Previous Week : Bullish Daily : Bullish 4H : Bullish Nothing major changed from last week outlook, only a break and close above 1.6980 but EURNZD couldn't create a solid support above to extend the bush to upside. - With all HTFs (M, W, D) are trending down, Monthly pointing to 1.6670 - Weekly pointing to 1.6770 and Daily currently bouncing from a solid support zone 1.6850/20, still the bias is short any bounce. - The COT report showing that 70% of institutional positions are Long NZD which is the highest since 3 years compared to 30% Short positions. This is translated on the chart with EURNZD sustaining it's bearish trend and we are seeing support levels broken every week. - Seasonality showing that EURNZD should be strong during the first 2 weeks of Jan which had happened during the last 2 weeks and the highest to reach this month and weakness should be the theme for the remining of Jan. - Through trading several Months EURNZD, I prefer to see retracements to any move in order to have a range to trade to target. So i recommend to Short after retracement or break and Resistance formation below broken Support and vise versa for Longs. - We have important news for NZD on Thursday and Friday.
by Amr_Sadek
2
EURNZD Buy a break setup.EURNZD - Intraday - We look to Buy a break of 1.7004 (stop at 1.6974) Bullish divergence can be seen on the 4 hour chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. A break of 1.6880 is needed to confirm follow through bullish momentum. Price action looks to be forming a bottom. We look for a temporary move higher. A break of 1.7000 is needed to confirm follow through bullish momentum. Our profit targets will be 1.7095 and 1.7145 Resistance: 1.6950 / 1.7000 / 1.7050 Support: 1.6900 / 1.6860 / 1.6810
Long
by Signal_Centre1
EURNZD Buy a break setup.EURNZD - Intraday - We look to Buy a break of 1.6885 (stop at 1.6856) Bullish divergence can be seen on the 4 hour chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. A break of 1.6880 is needed to confirm follow through bullish momentum. Price action looks to be forming a bottom. We look for a temporary move higher. Our profit targets will be 1.6972 and 1.7024 Resistance: 1.6880 / 1.6940 / 1.6980 Support: 1.6810 / 1.6750 / 1.6700
Long
by Signal_Centre1
Further Upside Expected as EURNZD Expects to Breach 1.698 LevelKey details outlined in Signposts. Despite price breached lower, this didn't sustain and crossed back above our support. 1.698 was tested earlier on the 18th and the selloff reaction was weak. [ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage your own trading decisions. ]
Long
by FinancialGamblR
EURNZD - 17-22 Jan Week trade Plan This is my 17-22 Jan 21 Week trade Plan for EURNZD . FX:EURNZD Previous Month : Bearish Previous Week : Bullish Daily : Bullish 4H : Bullish - With all HTFs (M, W, D) are trending down, Monthly pointing to 1.6670 - Weekly pointing to 1.6770 and Daily currently bouncing from a solid support zone 1.6850/20. - The COT report showing that 70% of institutional positions are Long NZD which is the highest since 3 years compared to 30% Short positions. This is translated on the chart with EURNZD sustaining it's bearish trend and we are seeing support levels broken every week. - Seasonality showing that EURNZD should be strong during the first 2 weeks of Jan which had happened during the last 2 weeks and the highest to reach this month and weakness should be the theme for the remining of Jan. - Through trading several Months EURNZD, I prefer to see retracements to any move in order to have a range to trade to target. So I recommend to Short after retracement or break and Resistance formation below broken Support and vise versa for Longs. - We have important news for NZD on Tuesday and Friday, Also China is having very important news on Monday and Wednesday.
by Amr_Sadek
EURNZD - 11-16 Jan Week trade opportunities for referenceThis is a summary of the trade opportunities during this week according to my Trade Rules: e 1- Momentum 2- HTF close with momentum direction 3- 1H close above / below previous candle in momentum direction 4- Targets for TP points from Week Trade Plan FX:EURNZD - Jan week 11 - 16 - Previous momentum: Bearish - Week Close: Bullish - Range: 171 pip -A Ranging week for EURNZD between 1.6980 and 1.6880/50 solid levels after the rejection at 1.7100/20 resistance zone. - The main factor this week was the 2:00pm UK time 4H candle, it showed how market repeats the same behavior at specific times. - The COT report showing that 70% of institutional positions are Long NZD which is the highest since 3 years compared to 30% Short positions. This is translated on the chart with EURNZD sustaining it's bearish trend and we are seeing support levels broken every week. - Seasonality showing that EURNZD should be strong during the first 2 weeks of Jan which had happened during the last 2 weeks and the highest to reach this month and weakness should be the theme for the remining of Jan. - Highlighted 3 opportunities for Short according to my rule of having Momentum and 1H close in my direction, but not according to my trade plan as the nothing triggered to Short or Long. - Check 4H TF you will find that 4H candle close is Bearish and closing below previous candle.
by Amr_Sadek
waiting for that break out...Bias is so short with the trend,let's wait and see! 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!
Short
by Shadowing_The_Big_Boys
1