D1 - Price broke above the top of the range Currently it looks like the price is retesting the breakout H4 - Bullish trend pattern followed by a pullback Until the strong support zone holds my short term view remains bullish here
If the price breaks and closes below the 1.81685 level, a short position could be initiated with the expectation that the price might head towards the 1.79252 support area. The price is currently near a key support level around 1.81685, and there is a significant red bearish candle indicating selling pressure. There is also a pattern that could resemble a...
EURNZD_2024-08-13_01-19-43_b06f2.png Here is another bullish H&S that you might want to keep an eye on. From memory I was shorting EURNZD in Asian trading earlier. This is what usually presents after all the selling settles. Cheers, Chris D.
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy EURNZD. ❤️ Please, support our work with like & comment! ❤️
In this video, we dive into the EURNZD currency pair, which has been showing bearish momentum recently. The pair has pulled back and is now testing a critical support level. I see potential for further downside and am watching for a break below the current low. If we get this breakout, followed by a retest where the support becomes resistance and fails, I plan to...
My Dear Robbers / Traders, This is our master plan to Heist EURNZD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the...
After the price reaches the specified level, Enter the SHORT deal with the Hammer candle or Ingulf candle signal Consider your risk management before entering a trade. This analysis is for informational purposes only and does not constitute investment advice. All consequences of using this signal are at your own risk.
✅EUR_NZD has retested a key support level of 1.8100 And as the pair is already making a bullish rebound A move up to retest the supply level above at 1.8250 is likely LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The EURNZD currency pair has recently formed a classic double top pattern at a significant supply area, signaling a potential reversal. This double top aligns with broader Forex seasonality trends, reinforcing the likelihood of a downward movement. The confluence of these technical and seasonal factors suggests that the current levels may offer an attractive entry...
EUR/NZD has bounced off the support level which is a pullback support and could rise to our take profit. Entry: 1.81106 Why we like it: There is a pullback support level. Stop loss: 1.80301 Why we like it: There is a pullback support level. Take profit: 1.83458 Why we like it: There is a pullback resistance level which is slightly above the 38.2% Fibonacci...
Hello,Traders! EUR-NZD went down Again and will soon hit A horizontal support Of 1.8095 from where We will be expecting a Local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Overall Trend: The price is currently in an uptrend, but recent price action shows a significant pullback. Moving Averages: The 50-period Simple Moving Average (SMA) (red line) is above the current price, indicating short-term bearish momentum. The 200-period SMA (blue line) is below the current price, suggesting a longer-term bullish trend. Rising...
Hello, Friends! Previous week’s green candle means that for us the EUR/NZD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.824. ✅LIKE AND COMMENT MY IDEAS✅
My dear friends, Please, find my technical outlook for EURNZD below: The instrument tests an important psychological level 1.8503 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.8346 Recommended Stop Loss - 1.8623 About Used...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Please, check our technical outlook for EURNZD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.818. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.825 level. P.S Overbought describes a period of...
✅EUR_NZD fell again to retest the support of 1.8100 But it is a strong key level So I think that there is a high chance That we will see a bullish rebound and a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.