EURNZD Simple Trade Plans EURNZD has been smacked off from extreme pushes as cash flows into NZD.
Long areas approach as labelled.
EURNZD trade ideas
The EURO railway only travels in one direction - downwards!First things first:
📊🔮My crystal ball tells me:
EUR CPI (inflation data) today will be lower than consensus expected.
-> This will weigh on the euro in the long term
🔮An old saying goes:
"The crystal ball spoke and the ECB obeyed."
A look back.
🔮 - As predicted in July last year, inflation in the eurozone fell far faster than the market and the ECB in particular had expected
(In December, EUR CPI was already below the 3% mark)
🔮- The 2% target has almost been reached! (as predicted. Quote July 2023:""and reach the 2% target in the first half of 2020 at the latest.")
🔮 - As predicted, this led to the market pricing in upcoming ECB rate cuts far earlier than the ECB had planned
(Quote 23 November 2023: "I see a high probability that we will be very close to the ECB's first rate cut as early as April 2024.")
And here we are: in April 2024, very close to the ECB's first rate cut.
History has taken its course. And this should have come as little surprise to readers of this channel.
Although the probability of this is split 50/50 between April and June, this will no longer be decisive.
-> The fact is that the ECB will start with a first interest rate cut of 0.25% in June at the latest and many more will follow this year.
I expect 4-5 rate cuts by the ECB this year.
-> This goes against the market consensus which expects only 3 rate cuts from the ECB this year.
-> There is a lot of potential for the EUR train to move downwards!🟢
Long on EURNZDIt has been quite a long while since I traded on forex EURNZD has reached a critical weekly zone which is also a daily demand zone.
So I do the smallest lot size possible. Hopefully after a month I will reap the reward
EURNZD is in bearish phaseafter breaking marked support the trend has changed from bullish to bearish. support has also been drawn where the price can reach. trade plan has also been shown on the chart
EURNZD - Long Position The pair is approaching a daily support of a raising trendline, i will consider buying the pair if the conditions are favorable.
My target is 1.80
Regardless, always follow your trading plan.
EURNZD - NEW BREAKOUT Hello Traders !
On Thursday 25 July, The EURNZD reached the resistance level (1.83844 - 1.84623) and failed to break it !
The price broke the support level (1.79254 - 1.79915).
This key level becomes a new resistance !
So, I expect a bearish move 📉
_____________
TARGET: 1.77500🎯
EURNZD Falls Amid Risk On (T Plans)EURNZD has been smashed back down from extreme high pushes.
Falling now to key long zones for entry on rebounds and potential short side profit taking.
eurnzd buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Europe and New Zealand are on the other sides of the globeChatGPT states that a dove would need to fly non-stop for 300 hours to deliver a note from Europe to New Zealand. How long do you think it will take for EURNZD to reach our target? I bet it’s longer than 12.5 days. But regardless of the timeframe, the message is clear: we need to capitalize on this opportunity. EURNZD appears to present a strong selling opportunity, at least from my perspective. The analysis should be straightforward. Please let me know if there are any uncertainties or disagreements.
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 Potential Short!EUR-NZD is going up now
But the pair will soon hit
A horizontal resistance
Level of 1.805295 from where
We will be expecting
A pullback and a move down !
EUR/NZD For Bearishyou can go short now
or
wait for entry point
- General Trend is down
- EUR under Pressure
have fun :)
EURNZD: Bullish Continuation & Long Signal
EURNZD
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy EURNZD
Entry Level - 1.7822
Sl - 1.7694
Tp - 1.8046
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
EURNZD is at the 200dmaIntraday Update: The EURNZD may be trying to work a longer term false breakout, head and shoulder pattern, etc, however the intraday RSI's are reaching for very oversold condition. We'd expect sellers to step in above 1.7950's if a bounce happens intraday. We have also hit the 200dma as expected overnight.
EURNZD BearishBias Ranging
Fundamental Analysis
EUR is neutral and likely to reduce interest rates soon.
NZD is bearish fundamentally. Due to geopolitical issues, XAU is bullish, putting NZD in bullish momentum.
Price Action:
Price rejected from Daily S/R level. The bearish movement has come in, creating a break in H4 support level and close below it. Price pulled back and retest the broken support level H4. Price formed a double top pattern with a H1 neckline Support level. Price break the H1 support level again.
Confluence:
Higher TF (W/D/H4) - H4 Broken Support, H4 EMA50, H4 Trendline
Lower TF (H1/M30/M15) - H1 broken support. Bearish Momentum Candle towards downside.
Set up:
Short Entry at broken H1 neckline.
TP at Daily SR level R:R 1:4
SL above the double top pattern +1 ATR
EUR/NZD Sell D1 Sell Limit Entry @ 1.80378
S/L @ 1.86537
T/P1 @ 1.74200
T/P2 @ --------
R.R.R. @ 1/1
Pure Price Action Trading based on Pullback of Key Levels.
Short EURNZDEUR broke down the trendline support against the Yen, and the price below the moving average with a lower low and lower high could be a sign of weakness in the euro.
EUR/NZD Eyes 1.7700 as Wedge Pattern Triggers Bearish OutlookThe EUR/NZD pair was stuck in a major wedge pattern that triggered on Friday, August 23rd, and it now has a target of 1.7703. In the short term, it remains bearish below 1.7985. If the price bounces towards the 1.7935-1.7985 range, traders may turn bearish, as the risk-to-reward ratio favors a downside in this range. The first target in this scenario is 1.7850, moving towards the longer-term projection of 1.7703.
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EUR/NZD For Bearishyou can go short now
or
wait for entry point and go short
- General Trend is Down Trend
- EUR is Weak Vs NZD
have fun :)
EURNZD Technical Analysis! BUY!
My dear followers,
This is my opinion on the EURNZD next move:
The asset is approaching an important pivot point 1.7951
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.8051
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
EURNZD I Potential double bottom formation Welcome 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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EURNZD 2 positions VR in the last wave of bearish c and we getting ready for taking long positions .
