Eurnzdsetup
EURNZD AnalysisEURNZD Analysis
The EURNZD pair is currently in a bearish trend on the daily time frame, making it a favorable candidate for short positions. Notably, on the 4-hour chart, the pair has broken out of a sideways rectangle pattern, retested the breakout level, and is now expected to move lower toward the next structural support level. This price action reinforces the bearish momentum and suggests further downside potential.
In my view, the bearish outlook for EURNZD is well-supported by the confirmed breakout and retest of the rectangle pattern, coupled with the broader downtrend on the daily chart. However, it is crucial to monitor how the price behaves around the next support level. A decisive break below this level would likely confirm the continuation of the downtrend, while a rejection or consolidation could signal a temporary pause or reversal.
What are your thoughts on this analysis? Are there any additional factors or levels you believe should be considered?
EUR/NZD "Euro vs Kiwi" Forex Market Bearish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the EUR/NZD "Euro vs Kiwi" Forex Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish thieves are getting stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉
Entry 📈 : "The vault is wide open! Swipe the Bearish loot at any price - the heist is on!
however I advise to Place Sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Thief SL placed at 1.84000 (swing Trade Basis) Using the 4H period, the recent / swing high or low level.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯: 1.80400 (or) Escape Before the Target
Scalpers, take note 👀 : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
📰🗞️Fundamental, Macro, COT, Sentimental Outlook:
EUR/NZD "Euro vs Kiwi" Forex Market is currently experiencing a Bearish trend., driven by several key factors.
🔱 Fundamental Analysis
New Zealand Trade Balance: July trade balance: -NZ$963M monthly, -NZ$9,290M annualized.
Chinese Loan Prime Rates: August 1-Year Loan Prime Rate: 3.35%, 5-Year Loan Prime Rate: 3.85%.
German PPI: July PPI: +0.2% monthly, -0.8% annualized.
🔱 Macroeconomic Trends
Current Macroeconomic Trends
- GDP Growth Rate: Eurozone's GDP growth rate is expected to slow down in the coming months, while New Zealand's economy is anticipated to remain stable.
- Inflation Rate: Eurozone's inflation rate is currently at 1.0% annualized, while New Zealand's inflation rate is at 1.5% annualized.
- Unemployment Rate: Eurozone's unemployment rate stands at 7.5%, whereas New Zealand's unemployment rate is at 3.9%.
- Interest Rates: European Central Bank's (ECB) main refinancing rate is 0.0%, and Reserve Bank of New Zealand's (RBNZ) official cash rate is 1.5%.
Upcoming Macroeconomic Events
- Federal Reserve Rate Decision: The upcoming Federal Reserve rate decision may impact EUR/NZD.
- European Central Bank Rate Decision: ECB's rate decision will also influence the pair.
- New Zealand GDP Growth Rate: Q3 GDP growth rate announcement may affect NZD.
🔱 COT Report
The latest COT report shows that speculative traders are net short on the EUR/NZD pair, indicating a bearish sentiment
🔱 Technical Analysis
Trend Lines: Descending Tenkan-sen, ascending Kijun-sen.
Chart Patterns: Bearish harmonic pattern.
Moving Averages:
50-Day SMA: 1.7945
100-Day SMA: 1.8051
200-Day SMA: 1.8335
Relative Strength Index (RSI): 42.12 (neutral).
Bollinger Bands: Upper: 1.8232, Lower: 1.7632.
MACD: Bearish crossover.
Stochastic Oscillator: Oversold region.
Fibonacci Levels: 23.6% retracement at 1.8115.
🔱 Positioning Data
Institutional Traders: 55% long, 45% short.
Retail Traders: 70% short, 30% long.
Market Sentiment: Bearish (60%).
🔱 Market Outlook
- Market Sentiment: Bearish
- Institutional Traders: 42% bullish, 30% bearish, 28% neutral
- Banks: 40% bullish, 32% bearish, 28% neutral
- Hedge Funds: 45% bullish, 27% bearish, 28% neutral
- Corporate Traders: 38% bullish, 35% bearish, 27% neutral
- Retail Traders: 48% bearish, 25% bullish, 27% neutral
🔱 Overall Outlook
The overall outlook for the EUR/NZD pair is bearish. The pair has broken out of a triangle pattern, and speculative traders are net short. Institutional traders are positioning themselves for a potential drop, and retail traders are also bearish.
EUR/NZD "Euro vs Kiwi" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the EUR/NZD "Euro vs Kiwi" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉
Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on!"
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 2H period, the recent / nearest low or high level.
Goal 🎯: 1.86500 (or) Escape Before the Target
Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
📰🗞️Fundamental, Macro, COT, Sentimental Outlook:
EUR/NZD is expected to be influenced by the upcoming Federal Reserve and European Central Bank rate decisions.
💰Market Sentiment:
- Institutional traders are slightly bullish on EUR/NZD, with 55% of positions being long.
- Retail traders are bearish, with 52% of positions being short.
- Large banks are also slightly bullish, with 57% of positions being long.
💰Technical Analysis:
- The EUR/NZD pair is trading below the 50-day moving average, indicating a bearish trend .
- The Relative Strength Index (RSI) is at 40, indicating that the pair is oversold and due for a rebound.
💰Fundamental Analysis:
- The European economy is expected to slow down in the coming months, which could lead to a decline in the euro.
- The New Zealand economy is expected to remain stable, which could lead to an increase in the kiwi.
💰COT Report:
- The Commitments of Traders (COT) report shows that commercial traders are net short EUR/NZD, indicating a bearish sentiment.
- Non-commercial traders are net long EUR/NZD, indicating a bullish sentiment
💰Potential Uptrend Factors
1. Rebound from Oversold Conditions: The RSI is currently at 40, indicating that the pair is oversold and due for a rebound.
2. Bullish Sentiment from Institutional Traders: 55% of institutional traders are long EUR/NZD, indicating a bullish sentiment.
3. Potential Euro Strength: If the European economy shows signs of improvement, the euro could strengthen, leading to an uptrend in EUR/NZD.
4. Dovish RBNZ: If the Reserve Bank of New Zealand adopts a dovish tone, it could lead to a decline in the kiwi and an uptrend in EUR/NZD.
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
eurnzd sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EUR/NZD Best Place To Sell To Get 250 Pips For Free ! We have an old res here pushed the price 2 times to downside very hard , so i`, looking to sell this pair when the price touch this area again and give me any good bearish price action and i`m targeting 250 pips . just wait the price to touch the area and give us a good bearish price action to confirm the entry .
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 analysis elliot sell sinal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
eurnzd analysis elliot. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EURNZD - ShortEURNZD Analysis - SHORT 👆
In this Chart EURNZD H4 Timeframe: By Nii_Billions.
❤️This Chart is for EURNZD market analysis.
❤️Entry, SL, and Target is based off our Strategy.
This chart analysis uses multiple timeframes to analyze the market and to help see the bigger picture on the charts.
The strategy uses technical and fundamental factors, and market sentiment to predict a BEARISH trend in EURNZD, with well-defined entry, stop loss, and take profit levels for risk management.
🟢This idea is purely for educational purposes.🟢
❤️Please, support our work with like & comment!❤️
EUR/NZD "Euro vs Kiwi" Forex Market Heist Plan on Bearish🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the EUR/NZD "Euro vs Kiwi" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be wealthy and safe trade.💪🏆🎉
Entry 📉 : You can enter a Bearish trade at any point.
however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest.
Stop Loss 🛑: Using the 2h period, the recent / nearest high level.
Goal 🎯: 1.82700(OR) Before escape in the bank
Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Fundamental Outlook 📰🗞️
Considering these factors, the EUR/NZD pair may experience a Bearish trend in the short-term, driven by:
The fundamental analysis indicates that the New Zealand dollar is strengthening against the euro, due to various economic factors such as:
Improved economic growth: New Zealand's economy is showing signs of improvement, with a growth rate of 1.2% in the second quarter of 2024.
Higher interest rates: The Reserve Bank of New Zealand (RBNZ) has raised interest rates, which has led to a stronger New Zealand dollar.
Stronger commodity prices: Commodity prices, such as dairy and meat, have risen, which has benefited the New Zealand economy.
Fundamental Indicators:
New Zealand economic growth: 1.2% (Q2 2024)
Interest rate differential: 2.5% (RBNZ) vs 1.5% (ECB)
Trade balance: New Zealand: -NZD 1 billion (Q2 2024), Eurozone: €10 billion (Q2 2024)
Commodity prices: Dairy: +5% (Q2 2024), Meat: +3% (Q2 2024)
Market Sentiment:
Bearish sentiment: 60%
Bullish sentiment: 40%
Neutral sentiment: 0%
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
EUR/NZD "EURO vs Kiwi" Forex Market Heist Plan on Bearish🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the EUR/NZD "EURO vs Kiwi" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📉 : You can enter a Bearish trade at any point.
however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest.
Stop Loss 🛑: Using the 2H period, the recent / nearest high level.
Goal 🎯: 0.82100
Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Fundamental Outlook 📰🗞️
Considering these factors, the EUR/NZD pair may experience a Bearish trend in the short-term, driven by:
The Eurozone's slow economic growth and low interest rates.
The New Zealand economy's moderate growth and neutral monetary policy stance.
The yield differential, which favors the New Zealand dollar.
Bearish Factors:
The Eurozone's slow economic growth and low interest rates.
The New Zealand economy's moderate growth and neutral monetary policy stance.
The yield differential, which favors the New Zealand dollar.
The potential for a decline in the Eurozone's trade balance surplus, which could reduce demand for the euro.
The RBNZ's potential to hike interest rates, which could increase the yield differential and support the New Zealand dollar.
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
eurnzd analysis elliot. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
eurnzd sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EURNZD I Short from top of the channel Welcome back! Let me know your thoughts in the comments!
** EURNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
eurnzd analysis elliot. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EURNZD analysis elliot. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade