eurnzdeurnzd broke the hourly downtrend. A good position can be entered by using the support level as a stop in the 4-hour period.
EURNZD trade ideas
EUR/NZD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
EUR/NZD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 12H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.771 area.
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eurnzd buy signal. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EURNZD BULLSBullish. ChoCh. Price retrace onto the demand that broke the structure and created a new HH. On the M15, there is a falling wedge pattern. Wait for the price to close above the 40EMA
EUR NZD ELLIOTT WAVE ANALYSISThe EUR/NZD currency pair has completed its five-wave cycle, indicating a potential transition into an ABC corrective phase. Traders can anticipate a downward correction with initial price targets aligned with key Fibonacci retracement levels. The first target is set at the 38.2% Fibonacci level, providing an early take-profit opportunity as the correction unfolds. Should the corrective wave extend further, the second target is identified at the 61.8% Fibonacci level, offering a secondary profit-taking point. This strategic approach leverages the Fibonacci retracement to optimize risk management during the anticipated correction in the EUR/NZD market.
Broadening Bottom Reversal opportunity
Look to continue the trend upwards until 1.83
Bullish opportunity
Price made a reversal pattern the month of September
BUY OR LONG
EURNZD: Trading Signal From Our Team
EURNZD
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short EURNZD
Entry - 1.7977
Sl - 1.8058
Tp - 1.7825
Our Risk - 1%
Start protection of your profits from lower levels
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EURNZD: Final Touchdown Before a Next Big Move! EURNZD
The price is currently in a corrective phase, having reversed from its previous reversal point. This indicates a potential continuation of the upward trend. However, we believe there is a possibility of a sharp decline and reversal from our identified zone at 1.72321. We anticipate the price to reach the 1.8200 level before encountering resistance and reversing. This reversal aligns with our expectation of filling the imbalance zone. Our initial target is set at 1.77969, followed by a second target at 1.83369, and a final target at 1.88539, representing a potential total movement of over 1600 pips. The current price action supports our analysis. We encourage you to conduct your own analysis and consider this as an additional perspective.
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EURNZDhello
Analysis of the euro against the New Zealand dollar The market is in an ascending channel, and by completing five Elliott waves, there is a possibility of the ascending channel breaking down We are market sellers The important resistance number is 1.80000 The target number is 1.77200
EUR/NZD SHORT FROM RESISTANCEHello Traders
In This Chart EURNZD 4 HOURLY Forex Forecast By FOREX PLANET
today EURNZD analysis 👆
🟢This Chart includes EURNZD market update)
🟢What is The Next Opportunity on EURNZD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURNZD I Potential short from top of the channelWelcome back! Let me know your thoughts in the comments!
** EURNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
EURNZD View!!Markets expect the Federal Reserve to cut rates by just 25 bps in November, rather than 50 bps, following the jobs data. According to CME's FedWatch tool, markets are pricing in a 85% chance of a quarter point cut, up from 47% a week ago, and a slim 0.15% prospect of no cut at all.
A rise in the yield on the benchmark U.S. 10-year note
US10Y
above 4% for the first time in two months was also a psychological support.
Against the Japanese yen, the dollar weakened after Atsushi Mimura, Japan's top currency diplomat, issued a warning against speculative moves on the foreign exchange market.
EUR/NZD Shorts Post RBNZ | Areas For Entry/ExitsFurther NZD Weakness has propelled price to key resistance.
Better probability of success as mentioned area(s).
EURNZD - Short TradeToday price swept previous day high (PDH) with a great sign of weakness - market structure break (MSB).
As a target, I prefer the opposite liquidity pool
Excited to see your opinion in the comments, and I'd like if you boost this idea if it was helpful for you!
Keep it simple and consistent! =)
Don't miss the great SEE Opportunity in EURNZDCurrent Price Action: The market is moving in an uptrend, and the price is currently around 1.7910, just below a possible resistance level.
Possible Trade Setup:
Support Zone: A potential pullback is anticipated into the grey-shaded zone between 1.7824 and 1.7900.
Long Entry: After the pullback, a bullish move is expected. The target is around 1.8060, marked in the green box.
Bullish Continuation: The chart suggests entering a long position upon a retracement to the support level, expecting further upward movement.
EURNZD - Buy LimitEURNZD
On a 4H timeframe, it has broken it's trend line and has started to move up. It may retrace a little bit, therefore putting the buy limit order which is at 50% Fib retracement . We'll take partial profit at the next resistance zone and then TP2 can be put at the 1.83983 level or until 4H divergence is formed.
EURNZDWe can attempt to buy EURNZD from specified level as it break LH , also bearish divergence occur indicate that it moves upward.
SL , TP mention in chart.
EURNZD: Back to Bullish Trend?!EURNZD is beginning to rebound after an extended decline.
A significant bullish breakout has occurred at a key daily resistance level, demonstrating strong buyer activity.
I expect the market to keep improving and potentially reach the 1.7941 level soon.
EURNZD repetitive pattern for LONG entryThis EURNZD chart highlights a consistent price movement pattern that repeats over time, providing a reliable structure.
It's a clear pattern repeating consistenly and succesfully the last 3 times.A break of the trend line followed by a pullback showing rejection.Right now the pattern is incomplete.If the followup will show us another pullback with rejection than it might make a good candidate for a long entry with a decent R/R
EURNZDEURNZD.
Will EURNZD get bids from buyers ?
As the price is at strong support level and bullish divergence indicating the buyers may attack this zone. If this happens and buyers start buying from here then the next target could be 1.8300 followed by 1.8700.
What you guys think of this idea?
EURNZD: Back to Bullish Trend?!EURNZD is starting to bounce back after a long period of decline.
There is a clear indication of a bullish breakout at an important daily resistance level, showing the buyers' strength.
I anticipate that the market will continue to improve and potentially reach the 1.7941 level in the near future.
eurnzd bullishEURNZD broke and tested its downtrend. It also broke an area where it saw resistance, so this area is now a support area, so I opened a long position by placing a stop below this area.
