Eurnzdlong
EURNZD bullish breakout, potential for further upside!Price has just seen a bullish breakout from descending trendline resistance-turned-support, and is now holding above both the ascending trendline and moving average support. We could potentially see further upside above 1st support, in line with 78.6% Fibonacci retracement, horizontal pullback support and moving average support, towards 1st resistance, in line with 127.2% Fibonacci extension and horizontal swing high resistance.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURNZD Long Idea A more detailed forecast to EURNZD, Price could either breakthrough the resistance,
retrace and proceed higher or fail to break and go down.
However, since price is at the bottom of a weekly support trendline, chances of a bullish move is higher.
Would first wait for the breakout and see if the price still continues upwards or not.
EUR/NZD Full Analysis And 2 Scenarios Maybe Happen !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EUR/NZD Running In 100 Pips From Last Analysis, Did You Enter ?This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURNZD Buy the uptrend.EURNZD - Intraday - We look to Buy at 1.6879 (stop at 1.6848)
Daily signals are mildly bullish.
Trend line support is located at 1.6880.
We look for a temporary move lower.
We look to buy dips.
Our profit targets will be 1.6968 and 1.6988
Resistance: 1.6950 / 1.6980 / 1.7000
Support: 1.6930 / 1.6900 / 1.6870
EUR/NZD Full Analysis And 2 Setups Available To Catch 250 Pips This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURNZD approaching 1st support, potential for a bounce!Price is approaching 1st support, in line with 61.8% Fibonacci retracement, 100%, 127.2% Fibonacci extension and horizontal pullback support. We could see a bounce and further rise towards 1st resistance, in line with 61.8% Fibonacci extension and horizontal swing high resistance. RSI is also holding above the ascending trendline support, as well as price, showing signs of further bullish pressure.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURNZD approaching 1st support, potential for a bounce!Price is approaching 1st support, in line with 61.8% Fibonacci retracement , 161.8% Fibonacci extension and horizontal overlap support. We could see a bounce and further upside towards 1st resistance, in line with 61.8% Fibonacci retracement, 61.8% Fibonacci extension and horizontal pullback resistance. RSI is also showing signs of bullish pressure, in line with our analysis.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURNZD we are now in buys 📈⬆️🤞🏻Entry details are shown on the chart.
We're only looking for TP3.
I covered the previous sell trade in an idea earlier this week.
This trade has now closed for a profit as the 'buy' opportunity has presented.
Trade history can be seen below this trade idea too for full transparency.
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Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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The stats for this pair are shown below too.
Thank you.
Darren
EURNZD Long This is a VERY promising setup .
Daily Timeframe is getting ready to close above daily resistance . Much greater confluence than any smaller time frame. 4hr is Great and Daily TF is exceptional. Daily Fibonacci shows potential retracement off of the Daily Golden Zone and 15 M Fibonacci drawn as well for tighter Entry and Stop Loss.
TP/SL indicated in chart