Eurnzdforecast
EURNZD: Range Opportunity Pending Long Bias at Test of Buy-Zone
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.
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Thank you and Happy trading.
EUR/NZD bounced of the key support lineLet's take a look at EUR/NZD price at 4H chart.
Price has bounced of the support line and now is heading toward resistance line.
EUR/NZD was our last week biggest winner. With one trade we gained +300 pips, you can check that idea in link below.
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Good luck with you trades !
EURNZD Ending the Month With a Bullish MoveProjection for $EURNZD next week..
Why Bullish?
- Consolidated at 4H
- Small Green and Red Candles
Gathering strength and orders, we just need a big RED Candle from BELOW.
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EURNZD SELL [technical analysis] - 15-MAY-2020NOW seems like the bulls have run out of gas. The bears are planning to push the prices lower, in two faces. Down from 1.8135 to 1.8061 where a consolidation will happen. We shall set a trailing stop at breakeven one our first TP level (1.8061) is hit. Then before the close of the markets, we could see the bears hit a home run (expecting one or two large candles) to 1.7880 or thereabouts.
RISK/REWARD RATIO: 9
Possible bearish price movement for EUR/NZDHi Traders,
let's start our Sundays analysis with EUR/NZD on 4H chart. We can see that price is at key resistance that has seen multiple tests in past. This pair saw some bullish momentum last week, however we believe price will bounce off the resistance line because of key resistance and indicators is signalizing to us that price is loosing its momentum and volume is decreasing.
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EURNZD short for 250 pipsHi traders,
As you can see this pair is trading within a channel for a while now which is a good thing. Recently we had nice push up and we are almost close to the upper band which also a strong resistance level. Hence I'm anticipating a trend reversal from that point and placed a sell order based on that and expected to reach short term target. I have marked the tp and sl for you as well. Please make sure to lookout for a bearish engulfing candle at least on the 1h chart at the upper resitance level before going short on this.
The sl is place just above the previous high.
Let me know your thoughts.
Trade safe and good luck.
EUR/NZD Long SignalGood morning Traders,
we hope you all had great trading Tuesday. Lets get ready for great results also today.
Our first pair today is EUR/NZD. Right now price is at key level. We can see big wick on last 1H candle and that means Bears are running out of support and most probably will not break those two Support lines shown in chart.
Let us know what you think and make sure you follow us here and on twitter. On Twitter we regularly post our signals and results of it, make sure you catch them while they are hot!
Good luck !
EUR/NZD LONGEUR/KIWWI ANALYSIS
5/5/20
News coming out later today regarding NZD
From there will see how this pair plays out.
Expecting price to push down around 1.7850 region
before taking a long trade to the resistance above.
Great moves happening soon!
Do NOT trade before taking confirmation.
Stay Patient!
Reminder: Drawing is only an idea of how the price will move, it's NOT 100% perfection due to market nature
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