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Eurnzdshort

EURNZD - MARKET SENTIMENT⛔️ There is no indicator news of any value for the New Zealand dollar today. Therefore, the New Zealand dollar is often driven by market sentiment. Also, there is no important news for the euro today, and some of the most important news will be released next week. ⛔️ NZD FEATURE is currently down a bit. The main reason for that is because MARKET RISK OFF. Today there is a slight market risk on the situation. The NZD FEATURE stands at 0.6875 LEVEL. The EUR FEATURE stands at 1.088 LEVEL. ⛔️ Currently the SENTIMENT of the OVERALL MARKET is being POSITIVE. Also, even though the EQUITIES are turning a bit red, we are not affected by the VOLATILITY DOWN. Also COMMODITIES still shows a UP SIDE BIAS. There is a NEUTRAL BIAS currently on the market. We can not say for sure whether the MARKET SENTIMENT is UP or DOWN. But according to the data we have received so far we can say that MARKETS RISK is turning ON. ⛔️ EURNZD PRICE can be REJECT from 1.5903 LEVEL. COMMODITIES PRICES If the UPA returns, VOLATILITY DOWN, OVERALL MARKET RISK ON, ON EURNZD will SELL further. ⛔️ You can go to 1.5903 LEVEL before the EURNZD PRICE is down. Then it can be sold to 1.5335 LEVEL. This is determined by the market sentiment and market sentiment in terms of the activity of the New Zealand dollar.
by benny_marshall
EURNZD short idealet's talk a bit of my least favourite pair out there .. the pair has been bearish since 4th February , and the price have been making small corrections and printing more lows , price should keep dump even more with the break of 1.8576 , the main target is at 1.5664 . so in general market structure is bearish in both higher and smaller time frames so I will personally look for intraday/scalp sells for now . this is no signal but my own view of the market , make sure to do your own home work as well and always remember to use a proper money management .
Short
by Gol-DTrader
1
EURNZD > Small Bearish Gartley Pattern!!Analysis on #EURNZD The EURNZD forming a possible bearish harmonic bat pattern might Complete soon to provide a reason for entry. I don't trade this time frame but here is what I would do if I did trade this TF. >> I will wait for the market to come deep to my resistance level, look for a reversal confirmation, then look for a selling trade with a good risk to reward if the entry rules are met. ⚡ Be aware due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis. ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support! ________________________________________ Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only*
Short
by TheTradersAvenue
13
EUR/NZD - SellWeekly: 1. Impulse 2. Brake of previous support When I add fibonacci I see the price is not touch 38.2% yet for correction. Let's see what we have on lower timeframe. Daily: 1. Impulse 2. Correction 3. Engulfing candle from 38.2% Fibonacci level Looks very, very bearish and maybe will not see deeper correction to the monthly resistance. 4H: 1. Impulse 2. Correction 3. 3rd touch of trendline 4. Many engulfing candles Looks nice for short from this level right now.
Short
by Trader_Petrov
EURNZD (SHORT) 🔥🔥🔥Potential head and shoulders formation. This is an intraday setup. Act wisely! Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
Short
by Thewest-sidetrader
2
EUR/NZD Sell Opportunity: Breaks Below Trendline Support This week on Tuesday, EUR/NZD dropped below the long-term trendline support ahead of RBNZ rate decision and monetary policy. RBNZ expects a rise official cash rate from 0.75% to 1.00%. Despite a sharp downside in the global equity space on further escalating military tensions between Ukrainian and pro-Russia separatist/Russia forces and continued Russia/NATO tensions in the background, EUR/NZD has dropped below the critical trendline resistance level and creates a selling opportunity. From the current zone, 1.6950 was the trendline support zone. Now it has become a trendline resistance. So, as long as EUR/NZD is below the trendline support, it still has chances to drop further. The market expects RBNZ to rise 50BPS though RBNZ forecasted only 25 BP. Any surprise rate hike like 50BP or more will Send EUR/NZD 1.6500 price zone or more. From the present rate, immediate support is identified is at the 1.6840 price zone. Breaking below 1.6840, our final target to the downside is 1.6500.
Short
by Gold_Trading_Expert