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Eurnzdforecast

EUR/NZD 15/2/2019EUR/NZD 15/2/2019 Viewpoint so far.. A Number of possible scenarios this week for this pair which I have tried to break down and leave as clean as possible. Firstly the SELL around the 1.71 area with a large cluster of confluences looming over that level. But that is my main focus for the pair this week. My personal bias is a break below this lower trendline and to get a retest in the 1.69 region (Maybe a little lower) to then take a SELL as we head Lower towards a number of BUY zones I have marked up. The most important one being around the 1.67 area which is a strong weekly EMA leading me to expect a small pullback at the least from this region. DATA THIS WEEK Monday EU PMI 8:30/9:00 Tuesday RBA Meeting minutes (AUD can Drag NZD) 00:30 Wednesday ECB President Speech 8:30 Thursday AUD Unemployment 00:30 Friday N/A CONFLUENCES I USE FIBONACCI TREND LINE EMA !!TECHNICAL ANALYSIS KEY!! GREEN - BUY AREA/ZONE RED- SELL AREA/ZONE PURPLE - POINTS OF INTEREST/ AWAITING PRICE ACTION
by Famopus
EURNZD 650 pips longHi there, I'm sharing this interesting long term trade idea on EURNZD pair. We have two solid intact trendline on this pair Ascending and descending trend line. This particular trade is based on the ascending trendline which is intact since 2017 and agian we have seen a nice bounce from the trend line and from a major level. We can already see a bullish reversal on a smaller timeframe and I'm anticipating the same on the higher time frame. Trade war and uncertainities should continue to drag Aussies and Kiwis while Euro should gain some strength in coming days as it has been rock bottom (Dead Cat) for some time now. I have marked the tp and sl for you as well. Remember this is not a short term trade and it may take good few weeks before reaching closer to tp. Please use the correct risk manangement. Any questions? Just ask. Let me know your thoughts. Trade safe and good luck.
Long
by BannaKhan
EURNZD forecast on dailyNote : EURNZD has the potential to go up for 650 pips **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
2
EURNZD Market Outlook | Daily Forex Market BreakdownEURNZD EN looking like we may be climbing to the upside. Choppy movement with EN recently, that being said right now it is looking like a good long. If we sustain above 1.70 we could start climbing up to 1.71 and higher. I will be looking for a pull back for clean entries. I feel if we could get a strong bullish 2 hour candle we could see this pair really take off! This could turn into a long term trade. Keep in mind that overall we are bearish, but I am favoring upside movement
Long
by Layne_LV