#EURNZD:Price accumulated now time for distribution! Price completed accumulated and now we expecting a strong bullish price distribution. Next week we can see price going and crossing our target with strong bullish volume kicking in the market. Price may go beyond 2.20 region; let's see how it goes.
Good luck and trade safe!
Team Setupsfx_
Related currencies
EURNZDEU10Y= 2.602%
EUR INTEREST RATE after governing council decision 25basis point on deposit facility 2% main refinancing operation 2.15% and marginal lending facility 2.40%
NZ10Y=4.56%
NZD INTEREST RATE =3.25%The current Official Cash Rate (OCR) in New Zealand is 3.25%. The Reserve Bank of New Zealand
Potential bullish rise?EUR/NZD has bounced off the support level which is a pullback support that aligns with the 38.2% Fibonacci retracement and could rise from this level to our take profit.
Entry: 1.92267
Why we like it:
There is a pullback support level that lines up with the 38.2% Fibonacci retracement.
Stop loss:
EUR/NZD Eyes Further Gains After 600-Pip RallyEUR/NZD became bullish after dropping to the 1.8850 area. Since then, the price has moved up by about 600 pips. Right now, it is at an important resistance level. If the price breaks above this resistance and holds, it could continue to rise toward the next target around 1.9650. This breakout could
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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 NZDEUR is 0.51449 EUR — it has decreased by −0.34% in the past 24 hours. See more of NZDEUR rate dynamics on the detailed chart.
The value of the NZDEUR pair is quoted as 1 NZD per x EUR. For example, if the pair is trading at 1.50, it means it takes 1.5 EUR to buy 1 NZD.
The term volatility describes the risk related to the changes in an asset's value. NZDEUR has the volatility rating of 0.61%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The NZDEUR showed a −0.61% fall over the past week, the month change is a −2.51% fall, and over the last year it has decreased by −9.05%. Track live rate changes on the NZDEUR 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.
NZDEUR 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 NZDEUR 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 NZDEUR technical analysis. The technical rating for the pair is strong sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the NZDEUR shows the strong sell signal, and 1 month rating is sell. See more of NZDEUR technicals for a more comprehensive analysis.