Eurnzdforecast
Next Retracement is coming... EURNZD short trade opportunityIn the image above you can clearly see a prime example of a double top which indicates a Reversal is coming. This pair is still in a Up Trend so I expect a short retracement down just like you see on the chart happend end June and July. The execution of this trade will take a view weeks I guess so a lot of patience is needed.
More Euro Rise? - Ichimoku Eur/Nzd Long TradeWe've been on a nice bullish run with this pair and I am looking for that run to continue.
I would like to see a drop to previous price structure support that I've dawn out to try and get a long entry.
My overall target is at price structure highs but we do have our normal partial take profit levels I draw out to aim for along the way.
If we fail to drop and hold at support, this setup may become invalidated.
Analysis of EURNZD 20.09.2019The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.7600
• Take Profit Level: 1.7800 (200 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.7300
• Take Profit Level: 1.7250 (50 pips)
USDJPY
A possible short position in the breakdown of the level 107.70
GOLD
A possible long position at the breakout of the level 1512.00
USDCHF
A possible short position in the breakdown of the level 0.9900
GBPUSD
A possible long position at the breakout of the level 1.2585
EURNZD ShortGuys in trading to get that bigger picture you have to see the monthly candle closer, and if you can see the monthly closer on EURNZD you can see that is a 3 pin bar ( Evening Star potential further upside for the coming month)
If we see Weekly we can see that we have a rejection from 1.7605 ( Daily multiple rejection).
If we see Daily we have a morning star confirmation, so what next?
My bias for the upcoming week for EURNZD is bearish. Why entry 1.7486? because the TL was broken and you can see that
it's a possible Head and Shoulder 4h , so wait to retest that TL and also to hit 50% FIB.
First target: 1.7321(crucial level for the pair).
Second target: 1.7219
Analysis of EURNZD 26.08.2019The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.7600
• Take Profit Level: 1.7800 (200 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.7300
• Take Profit Level: 1.7250 (50 pips)
USDJPY
A possible long position at the breakout of the level 106.00
GOLD
A possible long position at the breakout of the level 1555.00
USDCHF
A possible long position at the breakout of the level 0.9790
GBPUSD
A possible short position in the breakdown of the level 1.2230