Eurnzdshort
EURNZD Sell the break setup.EURNZD - Intraday - We look to Sell a break of 1.6319 (stop at 1.6351)
We are trading at oversold extremes.
A break of yesterdays low would confirm bearish momentum.
Daily pivot is at 1.6320.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 1.6231 and 1.6211
Resistance: 1.6370 / 1.6400 / 1.6440
Support: 1.6330 / 1.6300 / 1.6270
EUR/NZD SELL 4H 📉Hello and welcome traders to another trade idea with Fobian
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👉 WE are waiting for conformation:
- We have big push on downside.
- EMA's give us SELL signal.
- Break from uptrend channel.
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Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
EURNZD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EUR/NZD SELL IDEAHey tradomaniacs,
EUR/NZD:Daytrade-Preparation
Market-Sell: 1.67015
Stop-Loss: 1.67165
Point of Risk-Reduction: 1.66830
Take-Profit: 1.66340
Stop-Loss: 15 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
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Peace and good trades
Irasor
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EUR/NZD UPDATE - Fall to be expectedHey tradomaniacs,
recent EUR/NZD turned out to be an S/H/S-Pattern which increases the likelyness of a drop here since indicies are probably showing a pullback today.
If thats the case EUR/NZD tends to fall due to risk-on in the market causing NZD and AUD to raise stronger than EURO.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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EURNZD - Bearish BiasEURO - Weak Bearish
1️⃣ Both Manufacturing and Services PMIs in the Eurozone declined in September.
2️⃣ Political uncertainty in Germany could affect the value of the EUR.
NZD - Weak Bullish
1️⃣ Sentiment improved after the Fed issued a hawkish tone at the FOMC meeting.
2️⃣ New Zealand’s GDP grew by 2.8% in the second quarter of 2021.
3️⃣ New Zealand’s annual inflation rate rose to 3.3% in the second quarter of 2021.
4️⃣ New Zealand’s unemployment rate dropped to 4.0% in the second quarter of 2021.
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Technical
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We are selling the EURNZD after it failed to break the resistance.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
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