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 lower SUPPORT AREA before going UP again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can SELL up to 1.6070 LEVEL. And after that EURNZD can be BUY at 1.6653 LEVEL. So stay tuned.
Eurnzdtrade
EURNZD possible sell zone!!EURNZD has formed strong bearish price action on the daily timeframe. In this long-term down trending market, the price has formed a daily pin bar/Doji which has an element of fake out to the upside, tested previous support as resistance, and also tested the 20EMA as resistance. High probability that the price will continue to drop from this bearish consolidation.
Press the like button if you find value in this idea!
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.
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.
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.
EURNZD create bullish patternEURNZD create strong bullish divergence in 4hrs. On the other hand in daily its now at over sold with hidden bullish divergence; So i anticipated EN will bullish!
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
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 4HR BUY SET UPHi TRADERS this is my trade set up for the EUR/NZD
i am expecting A DECENT CANDLESTICK CONFIRMATION IN the order block zones and will be looking for a buy trade only if it meets your criteria for a trade then execute
KEEP A CLOSE EYE ON 4HR AND 1HR CANDLESTICKS, PREFERABLY THE CLOSE OF NEXT 4HR CANDLESTICK 6PM UK TIME
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
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.
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.
EURNZD For A SellThis week we have looked at a certain pattern style based upon a consolidation and impulse push drive away from these areas. The return we look at a logical area on smart money for this week i have looked at the 15 minute set ups on this pair its the 1hr chart lets see if we get the return or pull back into our bargain price area for the entry the tp as always is the end of the original impulse push
What are your thoughts........?
EURNZD H4EURNZD
In the 4-hour time frame, it hits the bottom line of the trend and is ready to climb.
If it goes according to the analysis, the first target is the red line and if it crosses it, it is predicted to the top of the channel.
The general trend of this currency pair is bullish and
This analysis fails if the canal floor is broken.
** This is just a personal analysis **
Give your comments below.
Good luck