Get started

EUR-NZD

EURNZD Aiming For A Lower Low? From the end of summer, EASYMARKETS:EURNZD is seen drifting lower, while trading below a newly established downside resistance line drawn from the high of 21st of August. At the end of November, the pair once again fell below the 200-day EMA on our daily chart and continues to run below it. However, the rate is currently floating above the current lowest point of December, at 1.7463. If EASYMARKETS:EURNZD falls and stays below that hurdle, this may open the door towards lower areas. A drop below the previously mentioned 1.7463 hurdle would confirm a forthcoming lower low, potentially attracting more bears into the field. Such a move might send EASYMARKETS:EURNZD to the 1.7395 obstacle, or to the 1.7275 zone, marked by the inside swing high of 23rd of May. If that zone is not able to withstand the pressure from the bears, this could lead to a test of the 1.7168 territory, marked near the lowest point of May of this year. Alternatively, a push back above the 1.7740 area, marked near the current highest point of December, may also lift the rate above the 200-day EMA. That’s when EASYMARKETS:EURNZD could go for a larger correction higher, possibly aiming for the 1.7885 obstacle, or to the 1.7955 zone, which is the inside swing low of 15th of November. Slightly above it runs the previously discussed downside line, which could provide some resistance. Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
by easyMarkets
EURNZD play the reversal if permitsHello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Bouncing around at the daily key level. watching for breakout of this consolidation to give me direction! My EUR index also indicated that it is at a key level to hold as a currency. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* 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. *********************************************************************
by Shadowing_The_Big_Boys
EUR/NZD LONG (short-term)The EUR/NZD exchange rate is currently trading in a downtrend. The currency pair has been forming lower highs and lower lows since June 15, 2023. The RSI is also in a downtrend, which suggests that the selling pressure is likely to continue. Traders who are looking to buy the EUR/NZD exchange rate could consider doing so at the current levels. However, traders should be aware of the risks involved, including the possibility of further weakness in the currency pair.
Long
by Tradonaut
EURNZD: Continued weakness expectedFundamentals out of the Eurozone last week were not good, in particular the data coming out of France. NZD is looking strong against all crosses at the moment. From a technical perspective this cross has broken out of its channel to the downside, and now broken the ascending trendline on the weekly and looks to have retested it. All things suggest to me that this is going to fall further, I'll be looking to get in on a LTF with a first TP of 1.773 and a second at 1.755, depending on how price reacts to my support box.
Short
by Finchcliffe
5
EURNZD - Looking For Buy Setups ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. EURNZD has been overall bullish trading inside the rising wedge pattern in red and it is currently approaching the lower bound / red trendline. Moreover, the zone 1.77 is a strong support. 🏹 So the highlighted red circle is a strong area to look for trend-following buy setups as it is the intersection of the green support and lower red trendline acting as a non-horizontal support. As per my trading style: As EURNZD approaches the lower red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
3
Eurnzd likely more downside, waiting for pullbacks**Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! 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
2
EURNZD 10/9/23EN is sitting within a huge range to the upside, this is overall a bullish range we did last week create a lot of sell side movement to towards our POI but we never broke out of our range and since have pushed up create a very clean trend liquid area which could give price a clear area to aim for, as it stands iam not really interested in trading the swing range as it has really over reached the POI we wanted to buy from so with this in mind il only be looking for SE moves to give us more of a cue as to what we will do next, we are looking to target our high but really we are a long way off as we stand. Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
by rosshayes
EURNZD 3/9/23Honestly a very clean sell side swing from EURNZD so looking forward to this possibly giving us a tap in, now mainly iam looking for a bullish run early on this week which could be given to us by the C-swing at our SWL base, its given us very clean POIs to work with along with heavy amounts of liquid to serve up for seller and buyer! Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan. We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
by rosshayes
More correction of EurNzd should be coming **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! 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
EURNZD posted a daily bearish engulfing.EURNZD - Intraday The bearish engulfing candle on the daily chart is negative for sentiment. The trend of lower highs is located at 1.8345. We look for a temporary move higher. We are trading at overbought extremes. Bearish divergence is expected to cap gains. We look to Sell at 1.8343 (stop at 1.8393) Our profit targets will be 1.8223 and 1.8193 Resistance: 1.8220 / 1.8280 / 1.8330 Support: 1.8170 / 1.8125 / 1.8100 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA