Eurnzdshort
EURNZD BACK TO 1.71000Just as the last analysis stated, price has now bounced off the expected level and should continue with bullish momentum to the upside.
We have positioned ourselves long, with stops underneath the level, and targets at a new price point of 1.71000.
We waited, it met our plan, we have entered, now we wait for results.
EURNZD TO CONTINUE TO THE UPSIDE?With the nice impulse move to the upside, we can expect some minor pullback before the continuations.
A pullback into the key level at 1.69500 is ideal, and we'll watch how price reacts at this area.
If there's a rejection and then a bounce, we could see the next bullish move from there.
EURNZD Sell the breakdown.EURNZD - Intraday - We look to Sell a break of 1.6889 (stop at 1.6917)
Daily signals are bearish.
Short term momentum is bearish.
There is no clear indication that the downward move is coming to an end.
Pivot support is at 1.6890.
A break of bespoke support at 1.6900, and the move lower is already underway.
Our profit targets will be 1.6811 and 1.6801
Resistance: 1.6940 / 1.6970 / 1.7000
Support: 1.6900 / 1.6870 / 1.6830
EURNZD > Best Place for A Sell Trade!!Hey Friend, I hope you feel generous and kind to smash the like and share a comment with me below. much appreciated
Analysis on #EURNZD
structure resistance level, waiting for the market to test this level and provide me a reason to get in a short trade targeting the previous support level.
Check today analysis below⠀
>>“ Do More of What Is Working and Less of What Doesn't"
Short Vision on EUR NZD 19/07/2021Hello Dear Traders,
You find below my analysis for EUR/NZD the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/NZD will fall to 1.68 as I am showing in my chart. Our Daily Goal is 1.675.
Currently, EUR/NZD is moving towards the resistance level 1.6895,where there is some liquidity from this value we are looking for short-term selling opportunities of EUR/NZD.
Good Luck and enjoy your Bearish Market for today.
Entry:@1.6885
TP1: @1.6865
TP2: @1.6835
TP3: @1.6805
SL: @1.692
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
EURNZD LONG TERM FORCASTCurrently this pair is on a short tern buy an easy 500+ pips on the table as of next week we are looking @ 168630 to scale in, once we hit that we are looking at a short which will produce about 1400+ pips.
Then we are looking forward to the long term buy which can take a few years to playout but time is irrelevant to us direction is what matters. We are not big on fundamentals but we believe that the whole structure of the market
follows a road map and our job is to find the blueprints of that map.
EUR/NZD Full Analysis And 2 Setups Available In This Video 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 - BEARISH BIAS EURO - Bearish
1️⃣ The ECB President Christine Lagarde said that the economic recovery remained fragile despite upbeat economic readings.
2️⃣ The European Central Bank is likely to remain cautious about changing monetary policy until more solid economic data shows improving conditions.
3️⃣ German factory orders were weaker than expected results in the Euro currency to keep suppressed.
NZD - Bullish
1️⃣ Investors turned to a higher-yielding currency such as NZD following positive US jobs data.
2️⃣ ASB Bank expected the RBNZ to raise the OCR in November this year.
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TECHNICAL
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We're shorting this pair on SBR level + pivot point area + SMA50 area on H1 chart.
TRADE AT YOUR OWN RISK!!!!!
EUR/NZD Finally Closed Below Up Trendine,Short Setup Here !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 LONGEURNZD BUY :
REASONS :
THE POINT WHERE IT STOPPED RIGHT NOW IS A RESISTANCE LEVEL , SO WE EXPECT IT GOES UP FROM THAT LEVEL ,
EVEN IF IT GOES DOWN FOR THE NEXT DAY ITS SURELY GONNA GO UP CUZ THERE IS A PATTERN.
TP : GREEN LINE
SL : RED LINE
IF IT HITS STOP LOSS THE LOSS IS VERY LESS IF NOT IT IT HITS TP ITS A LOT.
EURNZD, 4hr tf, sell the wedge pattern breakoutTrade ideas for EURNZD by Hardi
As you can see, a potential rising wedge pattern could be in play. The target should be around 1.6810-20 area.
Right now price retracing at the 61.8 fibonacci level after breaking below the support. This could be a short opportunity for this pair as it is now at an interesting level.
Using elliott wave principle, we might assume this as ending diagonal as well. Both pattern point towards the same target area.
Sell EURNZD 1.7015
Stop loss 1.7045
Take profit 1.6820 (6.2R)
Use only 1-2% risk
Good luck
EUR/NZD with a nice sell-OPPORTUNITY!Hey tradomaniacs,
EUR/NZD seems to setup a short-trade here as the previous breakout has resulted in a strong momentum with a very decent pullback now and all this without any corrections.
At this key-resistance, we have seen many fake-moves, rejections and recently a strong momentum to the downside (distribution).
So far the market shows clearly a sign of weakness here, especially since higher volume was not able to push price through it.
Either wait for another fakeout or for momentum to the downside to get a decent confirmation!
Nice risk-reward is worth to trade this!
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Bearish continuation EURNZD 28 June, 2021 The pair has been in a bearish trend for over a year but in Mar 2021 it started consolidating in an equidistant channel. The area just below 1.7100 has been an effective resistance several times recently and since 21 June recently as well.
I am looking for another (substantial) retracement to this zone and a bearish continuation in line with the major trend. A deep retracement provides me with better R/R but I would also evaluate a shallow retracement for profitability before I commit to a trade.
My targets are near 1.6630 and possibly 1.6340.
A strong bullish close above 1.7100 would negate my analysis.
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Always use sound money and risk management in all your trades.