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EUR-NZD

EURNZD 4h analysis 🦐EURNZD after the retracement till the 0.382 fib level has started again to test the daily structure. Market got rejected by the resistance structure and now seem to look up again. IF the market will break above the blue structure at the retest of it we can put a nice long order according with Plancton's Strategy. ––––– Follow the Shrimp 🦐 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 Plancton0618 strategy will trigger.
Long
by InkyGrip
7
Do you keep LOSING? I know why!1.79000 is the magic number on this pairing, yes you guessed it good old simple support and resistance level... See how simple it really can be? I hope i am drilling it into you that SIMPLE REALLY IS BETTER! Do you find you keep losing and cant turn a profit in the markets? i hold all the answers. This is down to your mindset that has been programmed rite from the moment you were born by the people closest to you. They didn't mean no harm and probably didn't even know they were doing it, but i can help rewire you mind! Come have a chat with me, i look forward to speaking!
Long
by FreeForexSignals
EURNZD daily analysis 🦐EURNZD after the double bottom and the break of weekly resistance is now reaching a daily resistance. Market will possibly retrace till the support at the 0.382 fib level or even at lower 0.618 weekly resitance (red colour) before start again the bullish move. At the break and close above the daily resistance we can set a nice long order according with Plancton's strategy. ––––– Follow the Shrimp 🦐 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 Plancton0618 strategy will trigger.
Long
by InkyGrip
9
EUR/NZD SCENARIO BREAKDOWN|TRADING PLAN The pair is trading between the two poles of attraction, those being the upper resistance and the lower support. Meanwhile a structure above the green support line has formed. TRADING PLAN: Before the support breaks, we assume it is solid and hold a long position, supported by the general recent uptrend in the pair. The realistic target level is on the chart by the dotted line. However, the bullish impulse might reached the upper bound resistance and from a double top. IF the green support gets broken>>we wait for it to be a confirmed breakout and short on retest. One might argue that there is Head and Shoulders pattern above the support. Which would add legitimacy to our shorts. The realistic target is the dotted line, yet the impulse might bring us to the lower bound support itself. Also, we might find ourselves in a situation where the two scenarios happen one after the other, namely, the pair first goes up in an impulse and then goes down, breaking the support. Then, we first surf the wave with the long, then wait for the breakout and go short. In that scenario by the way, the H&S pattern will be clearly visible and therefore more reliable. Thank you for reading, like and subscribe and have a nice day!
Long
by ProSignalsFx
1
EURNZD Long Setup & AnalysisWhen we compare last week’s EUR and NZD COT Report, we can see that the EUR is dominating once again with its long contract positions. This week we saw another huge increase and for the near future we can expect the EUR to hold its strong upward momentum. This may lead the EUR/NZD pair to reach the psychological 2.0000 mark. For more than 3 years now, price keeps respecting our weekly bottom trendline. It was broken twice, but demand pressure came not long after. This on the other hand lead to multiple attempts to reach the monthly supply zones near 1.80000 and 1.90000. The COVID-19 Pandemic pushed priced over the 1.90000 and it almost reached the 2.0000, but a rejection came right away, and we didn’t see a weekly close above 1.90000. A few weeks ago, price reached the bottom trendline and it received support once again. From a technical and COT perspective, we have 1 possible scenario: 1. Price moving towards the 1.90000 area, where it aligns perfectly with the 0.618 Fibonacci level of the previous down wave. If we see a strong break above it, a move towards 2.00000 may take place. While price moves towards the weekly critical zone, a couple of small corrections may happen. Happy Trading!
Long
by SigmaTrading
2
Don't miss the great buy opportunity in EURNZDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.735). 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 above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 64. Take Profits: TP1= @ 1.7550 TP2= @ 1.7650 TP3= @ 1.7960 TP4= @ 1.8265 TP5= @ 1.8605 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
17