EURNZD - MARKET SENTIMENT WITH TRADE IDEA #EURNZD
Currently, according to the CURRENTLY STRENGTH, EUR is becoming quite strong. The reason is that ECB RATE HIKE SENTIMENT is PRICE. Also, the NZD is getting weaker than the EUR right now.
Therefore, EURNZD can definitely go DOWN to the SUPPORT AREA of this CHANNEL before going UP again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can SELL until the 1.6128 LEVEL. And before SELL, EURNZD can be BUY at 1.6914 LEVEL. So stay tuned for MARKET UPDATES. eurnzd
Eurnzdpatterns
EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD
Currently, according to the CURRENTLY STRENGTH, EUR is becoming quite strong. The reason is that ECB RATE HIKE SENTIMENT is PRICE. Also, the NZD is getting weaker than the EUR right now.
Therefore, EURNZD can definitely go DOWN to the SUPPORT AREA of this CHANNEL before going UP again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can SELL until the 1.6128 LEVEL. Also, EURNZD can be BUY at 1.6830 level before SELL. So stay tuned for MARKET UPDATES. eurnzd
EURNZD - MARKET SENTIMENT - NZD FEATURE is currently slightly UP. The main reason for this is that in the old days MARKET RISK ON. But now there is a somewhat DOWN TRENDING nature. We can also mention the UP TREND in COMMODITIES as the main reason for the NZD UP TREND. But now COMMODITIES are DOWN. Today the NZD FEATURE stands at 0.6457 LEVEL. The EUR FEATURE stands at LEVEL 1.0692.
- Currently the OVERALL MARKET is showing RISK OFF. STOCKS is currently RED showing a RISK OFF SENTIMENT. And the VOLATILITY is getting a bit UP. Also COMMODITIES show a MIXED BIAS today. Currently the MARKET has a RISK OFF SENTIMENT. Therefore, in the future, all NZD CAD AUD currencies may be slightly lower compared to JPY CHF and USD currencies.
- EURNZD PRICE can be REJECT from 1.6364 LEVEL. If COMMODITIES PRICES are to be DOWN again, VOLATILITY UP UP, OVERALL MARKET RISK OFF, EURNZD will be further BUY.
- EURNZD PRICE can go to 1.6364 LEVEL before UP. Then it can be BUY to 1.6932 LEVEL. This is determined by the market sentiment and the market sentiment of the New Zealand dollar ... Currently EURNZD STRUCTURES BREAK.
EURNZD - MARKET SENTIMENT- NZD FEATURE is currently slightly UP. The main reason for this is that the previous day's MARKET RISK ON. We can also mention the UP TREND in COMMODITIES as the main reason for that. But now COMMODITIES are UP. Today the NZD FEATURE stands at 0.6309 LEVEL. The EUR FEATURE stands at 1.0581 LEVEL.
- Currently the OVERALL MARKET is showing a NEUTRAL BIAS. STOCKS is currently showing a MIXED RISK SENTIMENT. And the VOLATILITY is getting a bit DOWN. Also COMMODITIES shows a DOWN SIDE BIAS. Currently the market has a NEUTRAL BIAS. Therefore, in the future, all NZD CAD AUD currencies may be UP or DOWN compared to JPY CHF currencies.
- EURNZD PRICE can be REJECT from 1.6932 LEVEL. If COMMODITIES PRICES become DOWN again, VOLATILITY DOWN, OVERALL MARKET RISK ON, EURNZD will sell further. But if the TREND LINE does not BREAK it will continue to EURNZD BUY.
- EURNZD PRICE can go to 1.6932 LEVEL before DOWN. Then it can be sold at 1.6084 LEVEL. This is determined by the market sentiment and market sentiment in terms of the activity of the New Zealand dollar.
EURNZD - MARKET SENTIMENT ⛔️ NZD FEATURE is currently down a bit. The main reason for this is that the previous day's MARKET RISK OFF. We can also mention the DOWN TREND in COMMODITIES as the main reason for this. But now COMMODITIES are UP. Today the NZD FEATURE stands at 0.6309 LEVEL. The EUR FEATURE stands at 1.0581 LEVEL.
⛔️ Currently the OVERALL MARKET is RISK ON. STOCKS is currently displaying a GREEN SIDE BIAS. Also the VOLATILITY is getting a bit DOWN. Also COMMODITIES still shows a UP SIDE BIAS. Currently there is only one RISK ON TONE in the market. Therefore, in the future, all currencies such as NZD CAD AUD can definitely be UP. Also JPY CHF can be DOWN.
⛔️ EURNZD PRICE can be REJECT from 1.6491 LEVEL. COMMODITIES PRICES If the UPA returns, VOLATILITY DOWN, OVERALL MARKET RISK ON, ON EURNZD will SELL further. But if the TREND LINE does not BREAK it will continue to EURNZD BUY.
⛔️ EURNZD PRICE can go to 1.6491 LEVEL before UP. Then it can be BUY to 1.6932 LEVEL. This is determined by the market sentiment and market sentiment in terms of the activity of the New Zealand dollar.
EURNZD - MARKET SENTIMENT - No high impact news for the New Zealand dollar today. Also, there is no high impact news for JPY. But New Zealand's employment data is due out on Wednesday. Most likely NZDJPY will FOLLOW the MARKET SENTIMENT this week. So pay attention to VIX, MARKET SENTIMENT.
- NZD FEATURE is currently DOWN. The main reason for that is because MARKET RISK OFF. It will be UP again. But according to the current situation in the market, the DOWN TREND is still going down. The NZD FEATURE stands at 0.6438 LEVEL. The JPY FEATURE has been heavily DOWN before. Stay tuned for the VIX INDEX. Currently VIX is getting somewhat DOWN. The NZDJPY price is moving lower than the DYNAMIC LEVELS.
- OVERALL MARKET is currently NEUTRAL. Last Friday also a NEUTRAL TONE was played in the NEWYORK SESSION on the MARKET. US STOCKS are currently showing a GREEN SIDE BIAS. And VOLATILITY is becoming UP. Also COMMODITIES still shows a DOWN SIDE BIAS. There is a NEUTRAL BIAS currently on the market. It's a bit more than the DOWN SIDE BIAS. Because it is VIX UP and EQUITIES NEUTRAL. We can not say for sure whether the MARKET SENTIMENT is UP or DOWN. But according to the data available so far we can say that MARKETS RISK is OFF.
- NZDJPY Price may be slightly DOW at 82.10 LEVEL according to MARKET STRUCTURE. Then the NZDJPY price can be UP. It's probably up to 86.45 LEVEL. For that to happen, the TREND LINE must be BREAKED. So look at the REACTION of STOCKS MARKETS, VIX, SNP500 MARKETS.