EUR-NZD
EURNZD ANALYSISEURNZD rebounded from supply zone at level 1.7488 with bearish movement
Pair broke uptrendline
Below SMA 100
MACD shows start of bearish momentum
RSI is in downtrend
It's expected for coming correction to target first key level at 1.7236
then finally target demand zone at level 1.7165
EURNZD Buy Update +800 Opportunity - Week 3Week 3 update: Currently up 5% from EURNZD trade, up another 5% from EURAUD (see my other idea).
We now have a strong bull candlestick closed on the daily, another confirmation of upwards movement.
Indicators Recap:
1. EURNZD in upward weekly channel, support has held.
2. Stochastic RSI on weekly in buy zone.
3. Strong Bull candlestick closed on daily 07/13/2020.
Entry:
Wait on retracement on a shorter time frame 2hr or 4hr around 1.7330 area.
Next resistance level at 1.7540 for a shorter term TP level.
TP 1 and TP 2 remains the same.
Good luck trading!
Charles V
CVFX Management
Trading made simple.
EURNZD: Important Breakout & Bullish Continuation
EURNZD broke above the resistance of a symmetrical triangle formation.
now the price will most likely continue its way to 1.755 daily/4h structure resistance.
both lines of the triangle now serve as supports.
safest buying opportunities will be based on the retest of them.
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
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EUR/NZD WEEKLY OUTLOOKEUR/NZD ANALYSIS 7/12
Check out last analysis here
(I update my pairs frequently, NOT on tradingview)
EUR/NZD & EUR/AUD move in correlation
Looking for price to pullback
Idea not labeled as either LONG or SHORT
because of choppy PA
Buy setups are more favorable
TO STAY UPDATED REGARDING THIS PAIR...
🎇 ⬇ CHECK OUT BELOW ⬇ 🎇
EUR/NZD Approaching to the Target by ThinkingAntsOk🔸 WEEKLY CHART EXPLANATION:
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🔸 Price bounced at the confluence Zone between the Resistance Zone and the Ascending Trendline.
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🔸After that it broke the Support Zone (now Resistance Zone).
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🔸 Our weekly target is the Ascending trendline of the channel.
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🔸 Will look for a lower timeframe bearish setup.
🔸 DAILY CHART ANALYSIS:
EURNZD UPDATE This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
EURNZD ANALYSISEURNZD rebounded from strong daily demand zone at level 1.7190 which corresponds to 161.8% Fibonacci extension
MACD shows bullish momentum
RSI is above level 50
It's expected for the continuation of bullish movement to target first HVN at 1.7473
then finally target key level at 1.7655
EUR/NZD LONG POTENTIALEUR/NZD ANALYSIS
7/5
Check out last analysis regarding this pair here
(I update my pairs frequently, NOT on tradingview)
EUR/NZD & EUR/AUD move in correlation
Check out my EUR/AUD analysis below
We have seen price break below old resistance
carried it's way to older support which is a crucial area to watch
If we break the current level we can go lower
TO STAY UPDATED REGARDING THIS PAIR...
🎇 ⬇ CHECK OUT BELOW ⬇ 🎇
EURNZD | DAILY SESSION | SHORTLooking for a continuation of this downtrend. Wait for the break of the 0.786 fib level.
Big Picture View
Strong: NZD
Weak: EUR
This trade is valid until 03/07/2020 @ 4 pm BST.
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🐉 HAPPY TRADING 🐉
EUR/NZD Bearish view by ThinkingAntsOk🔸 4H CHART EXPLANATION:
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🔸 Price is on a downtrend.
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🔸 It has broken the Descending Trendline, however, the bullish strenght was not enough to break the Resistance Zone.
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🔸 Instead, the structure has been broken to the downside.
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🔸 Will look for a lower timeframe setup.
🔸DAILY CHART ANALYSIS: