Eurnzdanalysis
EURNZD is in possible down waveAn opportunity seems to be emerging in the EURNZD as it indicates a downward trend. Consider initiating a sell position upon observing the breakdown.
Should the downward momentum not sustain, observe the price action at the top and consider selling from that point.
Wishing you success in your endeavors.
EURNZD I Local short 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,a Long entry setup, Swing Trade.📣📈 Recently news about NZD:
The New Zealand central central bank held benchmark rates at a 15-year high, as expected. However, the accompanying statement was less hawkish than anticipated. The RBNZ stated that policy needs to remain restrictive to ensure inflation returns to its 1%-3% target, echoing the global higher-for-longer narrative. However, it stopped short of suggesting further increases were on the table.
The diverging economic growth and monetary policy outlooks between the US and New Zealand suggest that any upside in NZD/USD could be limited. In recent months, the growth outlook in New Zealand has deteriorated compared to a material improvement in US economic growth expectations. Additionally, the US Federal Reserve has left the door open for one more rate hike before year-end
📣📈 Technical analysis:
1) From our screener, it shows NZD reversal to weak side from Over Bought level in Daily chart which means there is a strong sell on NZD relative to other currencies since last week for some reason.
2) Regarding to technical analysis, most of NZD currency pairs has break of structure (BOS), it is the first step of a trend reversal. We are waiting for a successful retest for a Swing entry.
3) Our trading plan about EURNZD - a Long entry setup
EURNZD was tested fairly strong support on the 200-day moving average, not too far from the June and July lows, with stronger support at the May low of 1.7165.
Moreover it has a breakout of the early-October high of 1.7825 since last Friday.
Execution: Coming 2 weeks, we are looking for a pullback above the 1.7165, that would be a higher low.
Long Entry after the pullback.
Stop loss at the May low of 1.7165.
Target 1.8034
Risk and Reward 1: 2 or better.
DeGRAM | EURNZD downward movementEURNZD is testing the significant level at 1.77000, which is the psychological level.
The market is making lower lows and lower closes in the descending channel, indicating a bearish trend.
We expect a bounce off the resistance and channel border and a potential further bearish move.
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EURNZD Long Term Buying Buying IdeaHello Traders
In This Chart EURNZD HOURLY Forex Forecast By FOREX PLANET
today EURNZD analysis 👆
🟢This Chart includes_ (EURNZD market update)
🟢What is The Next Opportunity on EURNZD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
DeGRAM | EURNZD psychological levelEURNZD reached resistance and a psychological level of 1.78000 and bounced off it following the divergence.
The market is in a bearish trend, and most likely, the price will bounce off the resistance level.
We expect trend continuation opportunities if price gives us a sign, such as a pinbar showing a false breakout.
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EURNZD | 2.67 Reward To Risk TradeThis is bearish potential trade on EURNZD
12 hour timeframe is bearish. A new low was made on Friday.
Price can go lower overnight. If it does
we can adjust the take profit.
Stop loss and entry will stay the same.
Stop loss and entry are noted as
Entry: 1.77394
Stop loss: 1.74882
You can move stop loss higher if you prefer more room for the trade to breathe.
Belief: For God did not give me a spirit of fear, but of power, love, and a sound mind.
Rather this trade wins or losses, I pray God for the opportunity.
If you liked this analysis please like this analysis and share it with another fellow trader.
Much love,
Shaquan
EURNZD Long Term Buying Buying IdeaHello Traders
In This Chart EURNZD HOURLY Forex Forecast By FOREX PLANET
today EURNZD analysis 👆
🟢This Chart includes_ (EURNZD market update)
🟢What is The Next Opportunity on EURNZD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURNZD I Scalp & intraday opportunity 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.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
eurnzd buy. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
DeGRAM | EURNZD trend continuation opportunityEURNZD broke and closed below the significant level at 1.795000, which became a resistance.
The market is making lower lows and lower closes, indicating a bearish trend.
We expect a breakout pullback and continuation formation.
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EURNZD I Potential pullback short continuationWelcome 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.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
eurnzd buy. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EURNZD Long Term Buying SELLING IdeaHello Traders
In This Chart EURNZD HOURLY Forex Forecast By FOREX PLANET
today EURNZD analysis 👆
🟢This Chart includes_ (EURNZD market update)
🟢What is The Next Opportunity on EURNZD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
DeGRAM | EURNZD pullback tradeEURNZD is near the resistance at 1.81000, which is a psychological level as well.
It is trading in the descending channel. Price made a pullback.
There's a nice confluence zone to short at the resistance level.
We expect a retest of the support level .
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EURNZD : Short Trade , 4hHello traders, we want to check the EURNZD chart. The price is moving in a descending channel and has pulled back to a key level that the price has reacted to several times in the past. We expect this level to act as a resistance level and the price will fall to around 1.79400. Good luck.