Hello, Friends! We are targeting the 1.799 level area with our long trade on EUR/NZD which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Hello, Friends! EUR/NZD pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1D timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.839...
Please, check our technical outlook for EURNZD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.806. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.824 level soon. P.S The term oversold refers to a...
Please, check our technical outlook for EURNZD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.818. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.825 level. P.S Overbought describes a period of...
Take a look at our analysis for EURNZD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.754. Considering the today's price action, probabilities will be high to see a movement to 1.766. P.S Please, note that an oversold/overbought condition can last for a long time, and...
Hello,Friends! Bullish trend on EUR/NZD, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 1.753. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! Previous week’s red candle means that for us the EUR/NZD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.762. ✅LIKE AND COMMENT MY IDEAS✅
Take a look at our analysis for EURNZD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.742. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.745 level. P.S We determine...
Please, check our technical outlook for EURNZD. Time Frame: 7h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.765. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.774 level. P.S Overbought describes a period of...
Here is our detailed technical review for EURNZD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.749. Considering the today's price action, probabilities will be high to see a movement to 1.761. P.S The term oversold refers to a condition where an asset...
Hello,Friends! Previous week’s red candle means that for us the EUR/NZD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.759. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for EURNZD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.752. Considering the today's price action, probabilities will be high to see a movement to 1.756. P.S Overbought describes a period of time where there has...
Please, check our technical outlook for EURNZD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.761. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.767 level soon. P.S Overbought describes a period of time...
Hello TradingView Family / Fellow Traders, 📈 EURNZD has been overall bearish, trading inside the falling channel in red and it is currently approaching the lower red trendline. Moreover, the zone 1.73 is a robust support level. 🎯 Therefore , the highlighted red circle represents a significant area to consider for potential buy setups, as it marks the...
Hello,Friends! We are going long on the EUR/NZD with the target of 1.758 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! EUR/NZD pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 5H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.779...
Take a look at our analysis for EURNZD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.751. Considering the today's price action, probabilities will be high to see a movement to 1.764. P.S Overbought describes a period of time where there has been a...
Please, check our technical outlook for EURNZD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.798. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.807 level. P.S We determine oversold/overbought...