Eurnzdforecast
EURNZD - MARKET SENTIMENT WITH TRADE IDEA #EURNZD
Currently, according to the CURRENTLY STRENGTH, EUR is becoming quite strong. The reason is that ECB RATE HIKE SENTIMENT is PRICE. Also, the NZD is getting weaker than the EUR right now.
Therefore, EURNZD can definitely go DOWN to the SUPPORT AREA of this CHANNEL before going UP again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can SELL until the 1.6128 LEVEL. And before SELL, EURNZD can be BUY at 1.6914 LEVEL. So stay tuned for MARKET UPDATES. eurnzd
EURNZD Short Trade SetupA bearish opportunity recently presented itself on the euro-kiwi trading chart. This follows from the bearish harami candlestick pattern which printed just below the 1.66000 psychological level. A stop loss above the same psychological level and a profit target anywhere between your entry and the swing low of 1.58860 could give you a reward-to-risk ratio as high as 3. Be sure to size your position based on your trading account balance and apply other risk management measures before placing trades.
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FX:EURNZD
⭕SELL EURNZD at the best price and area🧨👌🔰You can see the analysis of Euro to New Zealand dollar in the four-hour time frame (EURNZD _ 4H)🔍
💥According to the black🖤 downward trend line as well as the supply zone, the best area and price to sell this currency pair is in the overlap of these two areas🧐and we can expect the price to fall to the support🧡 line❗🔻
I hope the analysis was useful for you🤍🌹
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EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD
Currently, according to the CURRENTLY STRENGTH, EUR is becoming quite strong. The reason is that ECB RATE HIKE SENTIMENT is PRICE. Also, the NZD is getting weaker than the EUR right now.
Therefore, EURNZD can definitely go DOWN to the SUPPORT AREA of this CHANNEL before going UP again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can SELL until the 1.6128 LEVEL. Also, EURNZD can be BUY at 1.6830 level before SELL. So stay tuned for MARKET UPDATES. eurnzd
EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD
Currently, according to the CURRENTLY STRENGTH, EUR is becoming quite strong. The reason is that ECB RATE HIKE SENTIMENT is PRICE. Also, the NZD is getting weaker than the EUR right now.
Therefore, EURNZD can definitely go DOWN to the lower SUPPORT AREA before going UP again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can SELL up to 1.6070 LEVEL. And after that EURNZD can be BUY at 1.6653 LEVEL. So stay tuned.
EurNzd can rise to 1.7 in medium termAfter the double bottom at 1.56 and a first leg up towards 1.7, EurNzd corrected and has made a higher low around 1.58.
Now the pair is facing resistance at 1.63 and a break here could announce a new leg up towards 1.7
I'm bullish on this pair as long as 1.6 is intact
EURNZD multiple-timeframe analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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EURNZD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Press the like button if you enjoy this content
SHORT EURNZD ✅✅✅Hello traders!
✅ This is my trade on EURNZD .
Here I expect bearish price action as price took out liquidity above previous daily high and rejected from bearish orderblock + mid figure 1.62500. My target is imbalance around price level 1.60700.
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EURNZD: Selling the resistanceEURNZD - Intraday - We look to Sell at 1.6329 (stop at 1.6366)
Price action continued to range between key support & resistance (1.6130 - 1.6330) and we expect this to continue. Daily signals are bearish. Preferred trade is to sell into rallies. Expect trading to remain mixed and volatile.
Our profit targets will be 1.6232 and 1.6212
Resistance: 1.6270 / 1.6300 / 1.6330
Support: 1.6230 / 1.6200 / 1.6170
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Jamie Gun2head Trade - Buying EURNZDTrade Idea: Buying EURNZD
Reasoning: Key support level, hoping for a bounce today
Entry Level: 1.61580
Take Profit Level: 1.62180
Stop Loss: 1.61330
Risk/Reward: 2.4:1
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EURNZD: Weak Euro no end in sight!EURNZD
Intraday - We look to Sell at 1.6278 (stop at 1.6314)
Expect trading to remain mixed and volatile. The primary trend remains bearish. Preferred trade is to sell into rallies. 50 4hour EMA is at 1.6260.
Our profit targets will be 1.6181 and 1.6161
Resistance: 1.6170 / 1.6200 / 1.6230
Support: 1.6130 / 1.6100 / 1.6070
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
EURNZD possible sell zone!!EURNZD has formed strong bearish price action on the daily timeframe. In this long-term down trending market, the price has formed a daily pin bar/Doji which has an element of fake out to the upside, tested previous support as resistance, and also tested the 20EMA as resistance. High probability that the price will continue to drop from this bearish consolidation.
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EURNZD: Gains to be capped!EURNZD
Intraday - We look to Sell at 1.6289 (stop at 1.6327)
Previous support at 1.6300 now becomes resistance. Preferred trade is to sell into rallies. Our short term bias remains negative. 50 4hour EMA is at 1.6305.
Our profit targets will be 1.6191 and 1.6171
Resistance: 1.6200 / 1.6230 / 1.6270
Support: 1.6170 / 1.6130 / 1.6100
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
EurNzd new drop to support?After reaching the important 1.7 resistance, EurNzd has started to roll back down and at the beginning of the month has broken under ascending trend line that has kept the price elevated since April.
Yesterday's intraday rise has reversed strongly, leaving us a long-tailed Pin Bar on our chart and the pair looks ready for a new drop.
Short-term support is around 1.63 and a drop under could accelerate losses.
I'm looking to sell rallies for a new test of 1.58 support