Eurnzdforecast
EURNZD Market Outlook | Daily Forex Market BreakdownEURNZD
Still holding previous shorts around +500 pips. I do feel we could still push down to 1.70 and retest that area of support before climbing back to the upside. I feel that it is still too early for longs now and the market is going to shake up inexperienced traders thus giving us an amazing entry for a nice move back up.
EURNZD Market Outlook | Daily Forex Market BreakdownEURNZD
Support is holding nice, this is looking like a decent long opportunity. You could wait patiently to see if EN can push back down to retest support once more giving a better entry for a long.
EURNZD Market Outlook | Daily Forex Market BreakdownEURNZD
Still holding previous shorts at over +527 pips. I believe EN could come a bit lower, we could fall lower then start climbing to the upside. I feel that 1.700 could be tested soon, which could turn into a very nice long opportunity for us!
#EURNZD, Powerful technical modelWe usually prefer to analyze graphs in D1 but this pattern in the monthly graph forces us to write about it.
2 Doji candlestick symbolizing a trend ending (to confirm the current candle theory should close in red ... got off to a good start)
The 200 moving average line synchronizes with the resistance line at 1.7760.
This is the third time eurnzd has touched the average line and is responding to declines.
Target: 1.7110
EURNZD Market Outlook | Daily Forex Market BreakdownEURNZD
Potential reversal developing, we may go long soon. It is still too early to tell, still holding on to previous shorts.
EurNzd- short tradeWe called for a drop in EurNzd for quite some time, thou the pair was reluctant, consolidating more or less above 1.72 figure.
We still consider that a major top is in place at 1.77 and we are at the beginning of a downtrend.
Strategy:
Sell the market above 1.72
SL @ 1.7360
Target 1.7 zone
EurNzd- sell the rallieYesterday, after a long consolidation and a tight range, EurNzd broke support at 1.73. The pair dropped over 100 pips and stopped at the next support at around 1.72.
Today EurNzd is correcting yesterday's aggressive move, and 1.73 should become new resitance.
Strategy:
Sell close to 1.73
SL @ 1.7350
TP @ 1.7
EURNZD bounced from support, potential for a further rise!
EURNZD bounced off 1.73910 where it could potentially rise further to 1.74795.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Sell EUR/NZD UP until 1.65300 i am selling FOREXCOM:EURNZD A longterm trade with stop loss at 1.74400
EUR/NZDEUR/NZD heading towards the bottom of the daily timeframe.
Double Top on the way forming after Resistance was held again
EURNZD Market Outlook | Alchemy FX SignalNEW SIGNAL
EUR/NZD
LONG, buy
Entry: 1.734
Target: Open
Stoploss Below: 1.727
Personal Risk: 1%
EURNZD --- DOWN WE GO3 drives to the high 4h ---- rejection.
Daily uncertainty.
270 pip target.
Here we go.
DAILY POTENTIAL H&SH
Daily Target.
EURNZD SHORT FROM 1.75000We can see the current rally of EURNZD has stalled at a key psych level of 1.75000. A bearish closure below 1.74800 will give us a short to 1.73500
EUR/NZD : structure Looking For Downside BUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !
EurNzd Buyif you don't click like on my charts don't check it out, and don't follow it, pls!
breaking bottom will change the set up, and the buy will be cancelled
EURNZD Daily Possibility of Move.In the name of Allah, the Most Gracious, the Most Merciful
EURNZD Daily Possibility of Move.
Note: This is only for Educational Purpose this is not Investment advice.
Thanks
Adil Khan.
EURNZD AnalysisFourth times price back from the upper price level. Now wait for breaking the support. If price break the support then we can take a short position.
EURNZD Market Outlook | Alchemy FX Weekly Breakdown.EURNZD
Like EA looking very bearish on the higher timeframes. Shooting star on the weekly. On the lower-time frames there’s a bit more indecision in the market. I do favor more downside movement but we could pop up and retest highs before melting to the downside. Always keep in mind before huge moves there is usually a bunch of fake outs to stop out as many traders as possible before moving in the final true direction. Patience will be key we need to see how EN reacts, as stated I do feel if we get some strong downside pressure we could see EN completely melt.
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