EURNZD Breakout or Fakeout?On the 1 hour timeframe, we had a break and hold below the ascending support. Let me know what you guys think... Do you think this is a bearish breakout or fakeout? Leave comments below.
Eurnzd!!
EURNZD Is Going Down! Sell!
Take a look at our analysis for EURNZD.
Time Frame: 45m
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 1.821.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.817 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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EUR/NZD Full Detailed Analysisthis pair has been rallying to the upside very strong without any retracement. right now it is standing at a very strong resistance area and on small timeframes we would see some nice bearish price action. u can enter a sell trade now and expect a very hard drop in the EUR/NZD Price .
EUR-NZD Locally Overbought! Sell!
Hello,Traders!
EUR-NZD is trading in an
Uptrend and the pair is
Locally overbought so
After it hits the horizontal
Resistance level of 1.8285
I will be expecting a
A local bearish correction
Sell!
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EUR/NZD BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
EUR/NZD pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 2H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.805 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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EURNZD Technical Analysis and Trade Idea In this video, we take an in-depth look at the EURNZD. The pair has recently undergone a significant bullish rally and now seems overextended, hitting a critical resistance level. Due to this extended move, I'm seeking a buy opportunity on a Fibonacci retracement.
I discuss my observations on price action, market structure, and the overall trend. Keep in mind that this content is for educational purposes only and not financial advice. Trading involves substantial risk, so always implement responsible risk management strategies.
EURNZD Trade PlanEURNZD has completed a W FCP pattern but did not reverse. It is now at a structure resistance level which can make it fall. Wait for sell confirmation. If that comes this can be a good short opportunity.
If the price breaks and confirms the previous high, we will go long based on the confirmation.
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EUR_NZD IS OVERSOLD|SHORT|
✅EUR_NZD has been growing recently
And the pair seems locally overbought
So as the pair is approaching a horizontal resistance of 1.8150
Price decline is to be expected
SHORT🔥
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EUR-NZD Resistance Ahead! Sell!
Hello,Traders!
EUR-NZD keeps growing
And the pair is locally
Overbought so after
The pair hits the horizontal
Resistance of 1.8160
We will be expecting a
Local bearish correction
Sell!
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EURNZD I Potential short from top of the channel Welcome back! Let me know your thoughts in the comments!
** EURNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURNZD Pattern FormationThis price has now touched the top trend line. Let us wait for the price to retest the zone, either break it or rebound so that we can enter our trade.
Trade Plan - Start Scaling in ShortsTaking a look at the daily timeframe, RSI is in the overbought territory as we approach a descending level of resistance.
For this reason, the trade strategy here is to "Scale In" on the sell and fade this pair as it climbs here. Whenever using atechnique like this, I prefer not to use a stop loss and scale with little volume.
If you like this trade setup/strategy, be sure to like, comment and share.
Trade Safe
EUR_NZD WILL KEEP GROWING|LONG|
✅EUR_NZD is trading in a
Local uptrend and the pair
Made a retest of the horizontal
Support of 1.7950 and we are
Seeing a bullish rebound
So we will be expecting
A further move up
LONG🚀
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EURNZD Pattern FormationThis pair has been forming a bearish flag pattern for weeks, and it seems it is about to complete that pattern by retesting the resistance trend line.
A follow up using shorter time frames will follow so that we can position ourselves for the entry point.
EUR/NZD on a 1-hour timeframeThe price has reached The 1D-FVG (1-Day Fair Value Gap) and is showing signs of rejection.
The current price is around 1.80040-1.79935, which is slightly below the resistance zone.
The blue highlighted area around the 1.7800 level represents a strong support zone.
The projection indicates a potential bearish move from the current price level down to the support zone around 1.7800.
The primary target is around the 1.7800 level.
EURNZD Pattern FormationAs indicated in the earlier analysis, I anticipate that the price will continue with the bullish trend, despite it forming a doji candle as of today.
My target is at 1.804, where my entry point is 1.785 and Stop Loss at 1.775
EURNZD: Bullish Rally Continues 🇪🇺🇳🇿
EURNZD may keep growing.
I see a strong bullish confirmation after a retest
of a recently broken horizontal resistance.
The pair will most likely retest a current HH soon
and will keep growing.
Goal - 1.805
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EURNZD to continue in the upward move?EURNZD - 24h expiry
Our short term bias remains positive.
Setbacks should be limited to yesterday's low.
We look to buy dips.
20 4hour EMA is at 1.7921.
There is no clear indication that the upward move is coming to an end.
We look to Buy at 1.7928 (stop at 1.7878)
Our profit targets will be 1.8048 and 1.8068
Resistance: 1.7978 / 1.8061 / 1.8100
Support: 1.7925 / 1.7900 / 1.7870
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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.
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EUR_NZD WILL FALL|SHORT|
✅EUR_NZD will soon retest a key resistance level of 1.7966
So I think that the pair will make a pullback
And go down to retest the demand level below at 1.7900
SHORT🔥
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EURNZD I Potential correction from resistance Welcome back! Let me know your thoughts in the comments!
** EURNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
EURNZD: Weak Market & Bearish Forecast
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to sell EURNZD.
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EUR_NZD SHORT FROM RESISTANCE|
✅EUR_NZD has been growing recently
And the pair seems locally overbought
So as the pair has approached a horizontal resistance of 1.7886
Price fall is to be expected
SHORT🔥
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EURNZD - Long from bullish order block !!Hello traders!
‼️ This is my perspective on EURNZD.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I expect price to make a retracement after mitigating bearish order block. My point of interest if price fills the imbalance lower and then rejects from bullish order block + institutional big figure 1.77000.
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