EURNZD Potential Breakout or Reversal? | Technical Analysis EURNZD Potential Breakout or Reversal? | Technical Analysis 🚀🔄
The chart illustrates a key technical setup on the EURNZD pair with both bullish and bearish possibilities depending on price action near critical zones.
🔍 Technical Highlights:
Bearish Harmonic Pattern Completed 📉
A harmonic structur
About Euro / New Zealand Dollar
The Euro vs. the New Zealand Dollar. The New Zealand dollar had performed well against the Euro recently because it is often considered to be a proxy for the Chinese growth. Eurozone weakness may limit any significant reversal if concerns about Chinese growth occurs as the country shifts from export lead growth. The NZD has benefited from the recent Euro-zone difficulties due to idle cash efforts to find strong, secure yields.
Related currencies
EURNZD: Waiting For Another BreakoutBased on the current trend, I believe you would concur that ⚠️EURNZD is likely to keep rising.
A bullish breakout above the highlighted blue resistance and a 4H candle closing above 1.9240 would
serve as a key confirmation, potentially driving prices up to 1.9300.
EURNZD Eyes 1.99 — Technical & Fundamental Bulls AlignedToday, I want to analyze EURNZD ( OANDA:EURNZD ) for you, which is in good shape both technically and fundamentally .
Please stay with me.
EURNZD is moving close to the Support zone(1.88750 NZD-1.7970 NZD) and 100_SMA(Daily) and has managed to form a Double Bottom Pattern .
From the p
The Trap Has Been Set. Will Price Take the Bait?EURNZD just broke structure on the 4H chart and is now pulling back into a zone where things could get interesting. After the initial drop, price is retracing into an area filled with imbalance and liquidity.
This looks like a setup where the market may lure in buyers before making its next move lo
EUR_NZD WILL KEEP GROWING|LONG|
✅EUR_NZD is going up
Now and the pair made a bullish
Breakout of the key horizontal
Level of 1.9250 and the breakout
Is confirmed so we are bullish
Biased and we will be expecting
A further bullish move up on Monday
LONG🚀
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EURNZD: Time to Grow 🇪🇺🇳🇿
EURNZD is strongly bullish after a test of a key horizontal support.
A bullish violation of a resistance line of a falling channel provide
a strong bullish signal.
Goal - 1.936
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War shock moves EURNZD: breakout targets 196.69The US strike on Iran hit risk currencies hard. NZD, AUD, and JPY dropped, while EURNZD broke out of a rectangle pattern. We analyse the setup, target at 196.69, and possible entry zones. Would you trade this in wartime volatility?
This content is not directed to residents of the EU or UK. Any opi
EUR/NZD Breakout Done , Long Setup Valid To Get 250 Pips !Here is my EUR/NZD 4H Chart and my opinion is we have now a very good breakout after a lot of time in sideway so we can buy this pair if the price go back to retest the broken res and new support , so we should wait the price to go back to retest it and if we have a good bullish price action then we
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of EURNZD is 1.93510 NZD — it has increased by 0.17% in the past 24 hours. See more of EURNZD rate dynamics on the detailed chart.
The value of the EURNZD pair is quoted as 1 EUR per x NZD. For example, if the pair is trading at 1.50, it means it takes 1.5 NZD to buy 1 EUR.
The term volatility describes the risk related to the changes in an asset's value. EURNZD has the volatility rating of 0.59%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURNZD showed a 0.86% rise over the past week, the month change is a 2.25% rise, and over the last year it has increased by 9.96%. Track live rate changes on the EURNZD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
EURNZD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade EURNZD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with EURNZD technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the EURNZD shows the strong buy signal, and 1 month rating is buy. See more of EURNZD technicals for a more comprehensive analysis.