FOREX WEEKLY ANALYSIS : EURNZDFX:EURNZD
if price reaches to line and make higher high you can look for long signals
Eurnzdforecast
EURNZD going for new highsHi there,
EURNZD is setting up for a long term buy, watch the bottom of the falling wedge to go long, target 1.72 to 1.74
Good luck
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.
EURNZD H4 ANALYSIS PRICE Is squeezing on the h4 timeframe. Either direction is possible but Daily timeframe does have a bearish candle pushing price lower.
Looking to restest old demand zone for support around 1.6600 or go lower.
Looking at trendline break for indication for buyers in the market. Possibly waiting for lowest price to enter.
EURNZD H1 ANALYSISThis Pair has Found rejection around the 1.6775 Area. Still pushing in a downtrend on higher timeframes.
Price Could Drop To 1.6625 AREA OF PUSH ABOVE AND BREAK TRENDLINE.
Very interesting pair and has big swings when you catch it in the sweet spots.
EURNZD Long AnalysisHey traders, here is the analysis for the EURNZD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
EUR/NZD BUY IDEAHey tradomaniacs,
welcome to another free trading-setup.
EUR/NZD: Daytrade-Preparation
Market-Buy: 1.67530
Stop-Loss: 1.67070
Point of Risk-Reduction: 1.68100
Take-Profit: 1.70500
Stop-Loss: 42 pips
Risk: 0,5% -1%
Risk-Reward: 7,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
EURNZD: ENTRY SIGNAL BUY LIMITEURNZD - DAILY
Here is my entry signal for this pair.
I'm waiting price come to price of interest. and also watch my high time frame below.
If you have any idea, leave comment below and give me thumbs up
Good luck and safe trade.
EURNZD SELL Clear indication of sell. I will try by all means to keep posting more analysis, keep dropping likes and commenting.
BUYING OPPORTUNITY FOR EURNZDEURNZD has been quite choppy for about two weeks now since it hit the monthly support zone. Despite the market conditions, we can see the price making an inverted head and shoulder structure. From there we can catch a short buying trade as displayed on the chart above.
Nice trading!
EUR/NZD BUY SIGNALHey tradomaniacs,
welcome to another free trading-setup.
If you want you can of course extend the stop-loss a bit as we get important news today!
EUR/NZD: Daytrade-Execution
Market-Buy: 1.66200
Stop-Loss: 1.65510
Point of Risk-Reduction: 1.67030
Take-Profit: 1.69500
Stop-Loss: 65 pips
Risk: 0,5% -1%
Risk-Reward: 5,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
EUR/NZD BUY SIGNALHey tradomaniacs,
welcome to another free trading-setup.
EUR/NZD: Daytrade-Execution
Market-Buy-Order: 1.66930
Stop-Loss: 1.66590
Point of Risk-Reduction: 1.67260
Take-Profit: 1.68150
Stop-Loss: 30 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
EURNZD: ENTRY BUY SMART MONEY CONCEPTI'm waiting for this Pair a couple of weeks for entry buy for Swing Trade.
Now watch the lower time frame to find confirmation buy on the weekly price of interest.
watch my another idea on lower time frame.
EURNZD possible Should go up from here 200pips
As you can see NZDUSD tested daily supply price should reversal from here in NZDUSD
NZDUSD go down, XXXNZD Go up
TRADING SETUP FOR EURNZD
EURNZD is currently approaching the daily support level. However, in the intraday timeframe, there is a very nice falling wedge which is a reversal structure.
Look for the opportunity to buy once the structure is broken and retested. Also, the formation of the double bottom on the support will add an extra trigger to BUY the market.
NB; once the price continues to fall below the yellow structure, the setup will be INVALID.
What's your opinion on EURNZD? Comment below...
EUR/NZDEUR / NZD is currently a fairly easy setup to interpret, we have the so-called channel trade, plus a strong structure and zone. Here we have made a trajectory in both cases that this couple should go if there are no surprises.
💡 EUR/NZD Possible short opportunityHi traders. My analysis on this pair is suggesting a bearish move towards 1.68053. So far it has rejected off the 50% Fib on the 1h hourly bearish impulsive move. I would like to see the 15m break and close below the trend line the come up and retest the 50% Fib on the smaller timeframe to enter this short position. My first target Is 1.68347 from there I will reduce my position size.
EURNZD [H4] Price is still running in the H/L frameEURNZD Price is still running in the H/L frame,
so recommend when the price touches the support area 1.664 - 1.667 area.
Recommend entering a sell position at the support to expect the price to bounce back or Swing High again.
SL below support
Goodluck Trader
TonTrader | TamjaiTrader
🚀🚀🚀🚀🚀🚀
EUR/NZD:FUNDAMENTAL ANALYSIS+PRICE ACTION & NEXT TARGET|SHORT🔔The New Zealand Trade Balance for July was reported at -NZ$402M monthly and at -NZ$1,100M 12-month year-to-date. Forex traders can compare this to the New Zealand Trade Balance for June, reported at NZ$245M monthly and -NZ$280M 12-month year-to-date. Exports for July were reported at NZ$5.75B and Imports at NZ$6.18B. Forex traders can compare this to Exports for June, reported at NZ$5.96B, and Imports, reported at NZ$5.71B.
The German IFO Business Climate Index for August is predicted at 100.4. Forex traders can compare this to the German IFO Business Climate Index for July, reported at 100.8. The German IFO Current Assessment Index for August is predicted at 100.8. Forex traders can compare this to the German IFO Current Assessment Index for July, reported at 100.4. The German IFO Expectations Index for August is predicted at 100.0. Forex traders can compare this to the German IFO Expectations Index for July, reported at 101.2.
The forecast for the EUR/NZD remains bearish after this currency pair corrected into its descending Ichimoku Kinko Hyo Cloud. Price action may temporarily pause, and volatility can increase, but the longer-term downtrend remains intact.
Will bears pressure the EUR/NZD into an extended sell-off into its horizontal support area?
Previous Idea in Take profit:
EUR/NZD SHORT Signal Signal
Market Sell: 1,70250
Stop-Loss: 1,71250
Target 1: 1,68500
Target 2: 1,67000
Stop-Loss: 100 pips
Risk: 0,5%
Risk-Reward: 3,25
EURNZD, 4HR TF, sell the end of wave-4
Today we saw a fierce selloff in NZDUSD because of covid case in Aucland.
In my opinion this sell off could be an opportunity to enter short as RBNZ might start tapering soon.
This trade ideas offer 8.6R trade opportunity. Price now struggling at 61.8 fibonacci retracement of wave-3 which means we might see wave-4 end soon and we got another push to the downside for wave-5.
Sell EURNZD 1.6905
Stop loss 1.6945
Take profit 1.6560 (8.6R)
Use only 1-2% risk
Good luck
EURNZD: Ready to go longA new retest of level 1.6774 in formation. We open a long term position for reach 1.6940 target
