EURNZD BUY IDEA Friends wait for pull back and place your BUY trade.. the market is playing out after breakout of trends lines..
Good luck
EURNZD trade ideas
EURNZD: Bearish Continuation is Expected! Here is Why:
Balance of buyers and sellers on the EURNZD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
❤️ Please, support our work with like & comment! ❤️
USD/JPY Short, CAD/JPY Short, AUD/CHF Short and EUR/NZD ShortUSD/JPY Short
Minimum entry requirements:
• 1H impulse down below area of value.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
CAD/JPY Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
AUD/CHF Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/NZD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
EURNZD is BullishPrice was in a strong downtrend, but now has printed a couple of higher highs with a higher low, indicating that bulls have assumed control of the price action. If previous higher high is broken successfully, we can expect a bullish rally. Targets are mentioned on the chart.
EURNZDThe #EURNZD pair is forming a strong harmonic pattern, and it is expected that the price will rise, targeting the 1.7865 levels.
EURNZD on SupportUSDJPY is on supporta nd grab liquidity from here then we can see upside move and take tp around 0.5 FIB level.
Manage your risk accordingly.
Bullish Rally startAccording to my analysis EURNZD starts Bullish rally because after a long series of LHs and LLs bulls start buying now and this pair now making HHs and HLs.
Bullish breakout?EUR/NZD is breaking out of the pivot which acts as an overlap resistance and could rise to the pullback resistance.
Pivot: 1.75527
1st Support: 1.7481
1st Resistance: 1.76987
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EURNZD: UT, Counter-Trend TradeRecent economic data indicates that New Zealand's producer prices (PPI) have surpassed expectations, which is bolstering the strength of the NZD. The inflation in the Eurozone is relatively low and is not expected to have a significant impact. This will result in a stronger New Zealand dollar compared to the euro.
Furthermore, Price Action has successfully surpassed the latest Resistance Level at 1.7559, establishing it as the most recent Support Level.
Nevertheless, the technical indicators on the 4-hour chart continue to indicate a downward trend, aligning with the overall trend on the higher time frame.
This trade carries a significant level of risk, as it goes against the prevailing downtrend.
EURNZD SHORTForming double top pattern
hitting the top regression trend line
moving average change in downward direction
EUR_NZD BULLISH BREAKOUT|LONG|
✅EUR_NZD was trading in
A falling channel but now
We are seeing a strong
Bullish breakout so we
Are bullish biased now and
We will be expecting
A further move up
LONG🚀
✅Like and subscribe to never miss a new idea!✅
EURNZD Under Pressure! SELL!
My dear subscribers,
My technical analysis for EURNZD is below:
The price is coiling around a solid key level - 1.7552
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.7503
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
———————————
WISH YOU ALL LUCK
EURNZD turning very Bullish, 2hrEURNZD has been very bearish since May and now the sellers are losing momentum and the buyers a taking over.
EURNZD has reached its weekly strongest low ands it is also its a very strong support that has been proven multiple times and this time we kow that it is going to bounce of it and buy.
The selling chain was broken with a double top reversal pattern and there is a slightly formed Head & Shoulder that made EURNZD to give buyers enough strength to change direction.
The breakout from the trend has formed a bullish flag which acts as a retest for the breakout and that confirmed the buy entries.
EURUSD BUYEurusd have had the third touch on the weekly timeframe, we also have broken the resistance of the correction and are about to ride it all the way up....
Eurnzd for a SellThree confluences
1. A regular flat seems to have formed in the potential 5th wave.
2. On its way to creating a potential 5th wave we have an expanding pattern that has formed internally.
3. We have price reacting from the 4 hour Order Block.
Lets see how it goes;)
Lingrid | EURNZD reached DEMAND zone. Potential LONGOn the daily timeframe, FX:EURNZD has reached the demand zone. The sideways movement around key level at 1.75000. This suggests that the bearish momentum has slowed down. Notice that the price action is creating a narrowing triangle pattern, which implies that the price is consolidating and preparing for a breakout. It makes sense to consider buying at the bottom and selling at the top of this consolidation zone. I believe the market is poised to break through the range zone, leading to a potential pullback on the 4H chart. My goal is resistance zone at 1.75300
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Trading Signal for EURNZD - BuyDirection: Buy
Enter Price: 1.74739
Take Profit: 1.75113333
Stop Loss: 1.74308333
We have identified a buy opportunity for the EURNZD currency pair. Based on the analysis conducted using the EASY Quantum Ai strategy, the following factors have been instrumental in forming this forecast:
1. Technical Indicators Alignment : Several technical indicators, including Moving Averages and RSI, are signaling a bullish trend. Particularly, price action has moved above the 200-period Moving Average, indicating strong momentum upward.
2. Support and Resistance Levels : Recent price movements have confirmed a solid support level near the 1.74308333 mark. The pair has bounced off this support multiple times, thereby affirming its strength and making the area a safe Stop Loss point.
3. Economic Factors : Recent economic data releases have favored the Euro over the New Zealand Dollar. Stronger than expected Eurozone economic performance combined with relatively weaker data from New Zealand supports a bullish outlook for this pair.
4. Trend Continuation Patterns : The current chart pattern shows a consistent upward channel. This pattern suggests that the price is likely to continue its upward trajectory towards the Take Profit target of 1.75113333.
This trading signal is generated based on these diverse factors coupled with the precision of the EASY Quantum Ai strategy. Always ensure to keep up with new economic announcements and adjust your trading strategy accordingly. Happy Trading!
AUD/CHF Short, EUR/USD Short and EUR/NZD ShortAUD/CHF Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 3 touch 5 min continuation or 2 touch 5 min continuation with 3 touch structural approach, reduced risk entry on the break of it.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/NZD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
LOOKING TO TAKE THIS MARKET LONGEUR/NZD 4H - This is the last market I am looking at trading this week, as you can see price traded down and into an area of interest of mine towards the end of last week.
This is brilliant as price has traded into the area and has gone on to trade us higher, rejecting well. This gives us the suggestion that price has enough Demand in the market to see price trade higher.
In order for us to look to get involved in this market all we need to do is go to the fractal nature of the structure and look for areas of interest price may pull back down and into before taking us higher again.
It is important that we wait for the right confirmation before we do look to enter long in this market, as we know this will come via a break in structure to the upside, once we have that we can then look to take part from an area of interest.
LongSwing reversal just started..
External range liquidity taken
Shift in structure on 2H done
OB 2H
EURNZD, a lot of supportive trendlines, expect upsideIdea No : 14
10 out of last 13 ideas were successful & 3 still running, let's talk about 14th
we have previously shared 2 ideas on EURNZD and both were spot on, please check the related ideas
this idea is no different to those as we still see further upsides in the pair
as you can see there are a bunch of supportive new trendlines formed so it is highly like that we follow the green arrow sooner rather than later
let's see...
EURNZD respecting previous trendlineIdea No : 09
EURNZD showing respect to our previous trendline from which we took long positions before and was profitable (please related idea for reference)
given that we have USD CPI in 13 hours from now followed by FOMC later on, this could mean we may see stronger US dollar before news events
so expect a bull run in the direction of our green arrow in the next few trading sessions
