I expect euro will get stronger next week based on my last analysis on this quote. I expect some real bullish pressure from EURNZD. The Bearish trend was clearly broken to the upside.
EUR/NZD is approaching an important support area for the third time. There is a very good chance, that this time we are going to see a breakout of this key level. This breakout would offer accurate shorting opportunity.
Current Overview: Monthly: Sell Weekly: Sell Daily: Buy 4Hr: Sell 60Min: Sell Additional uncharted upside target: 1.8416 Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow (...) Thank you and Happy trading.
This pair looks great for a nice selling opportunity. If we got a clear breakout of the key level, we would take a nice short with our members.
On EUR/NZD price is still in a range. We are not interested in trading this until the price is in this range and we don't see any breakout.
EUR/NZD is in a massive daily uptrend. If the rules of our strategy will be satisfied, we would be taking buy entry along with our Vip Group members to the upside.
Looking at the EURNZD on a 4 hr chart. Looks very promising as the euro looks to strengthen this week. Lots of pips to catch so will be an interesting trade idea to follow! Lets see!!!!!
Anticipate a test of trendline and/or Buy-zone for support or rejection. Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow (...) Thank you and Happy trading.
Guys in trading to get that bigger picture you have to see the monthly candle closer, and if you can see the monthly closer on EURNZD you can see that is a 3 pin bar ( Evening Star potential further upside for the coming month) If we see Weekly we can see that we have a rejection from 1.7605 ( Daily multiple rejection). If we see Daily we have a morning star...
BUTTERFLY FORM ON H4... ENTRY.. 1.73184... SL... 1.73365.. TP1.. 1.72375.. TP2... 1.71732.. TP3.. 1.71118
For EURNZD we are predicting a huge drop, however, we can still move 100 pips to the upside before it happens, the best way to enter here is to be super carefull and wait for an impulsive candle breaking our trendline + one more candle to confirm the downside movement, its better to sacrifice 20/30 pips instead of entering before the time and end up getting an...
BUTTERFLY FORM ON H4 ENTER AT 1.69418 SL....1.69800.. TP... 1.66916 OUR PREVIOUS SIGNALS USDCHF HIT TP AUDUSD HIT TP
Consolidation occurring if we break up up out of the triangle, I am anticipating a retest of previous resistance.
After a major drop on EN, we can see price bottoming out. I favor an upside move before potentially continuing further down. However, a break and Daily close above our TP2 could see this pair move further up to the 1.70500 range. For now, I hold onto my corrective bias. @earnwithwern
Keep an eye out for EURNZD. It has dropped under the 1H 50 EMA. As long as the 50 EMA holds as resistance, we have a go for a move back down. Put your SL above the 1H 50 EMA with a little bit of space to it in case of volatility. Trade safe.
A potential big drop is currently imminent on EUR/NZD. *Important: To enter this move, wait for the breakout of 1.77 and the resistence under it. If it does not break this level, then this trade is invalid. Once broken and the resistence found underneath it, it can go anywere near 1.74 Trade safe.