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.
A long position on EUR/NZD looks promising based on strong support zones and bearish sentiment towards the New Zealand Dollar. The NZD faces pressure from weak domestic economic data and dovish Reserve Bank of New Zealand (RBNZ) policies. In contrast, the Euro is supported by stable Eurozone economic performance and potential ECB rate hikes. Technically, EUR/NZD...
My dear subscribers, My technical analysis for EURNZD is below: The price is coiling around a solid key level - 1.7579 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.7659 My Stop Loss - 1.7533 About Used Indicators: By the very...
With market breaking the opposing trend line, it confirms our buy bias. Currently expecting price to retrace for more entries all the way up
Trying EURNZD higher here. Rate differentials are moving higher, we got a hawkish cut from the ECB and EU data is improving overall, meanwhile the NZ economy is not doing so well. I also think NZDUSD moves a little lower here on a strong NFP and therefore likely higher US yields. EURNZD is closely inversely correlated with NZDUSD and so should follow. Sorry for...
Well, as you can see, the price hit the daily bullish FVG in deep discount and cleared the sell-side liquidity. Here in the hourly chart, we know the market structure shifted and we are bullish now. Now we are on the buy side of the curve so we expect the price to stay above the key level and respect the bullish PD Arrays, like Order block and FVG that you can...
EURNZD - 24h expiry Our short term bias remains negative. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. 20 4hour EMA is at 1.7597. We look for a temporary move higher. The sequence for trading is lower lows and highs. We look to Sell at 1.7598 (stop at 1.7648) Our profit...
✅EUR_NZD is trading in a downtrend Along the falling resistance line Which makes me bearish biased And the pair is about to retest the resistance Thus, a pullback and a move down are expected With the target of retesting the level below at 1.7529 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hey Traders, in today's trading session we are monitoring EURNZD for a selling opportunity around 1.76100 zone, EURNZD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.76100 support and resistance area. Trade safe, Joe.
Expecting a 500 pip move to the up side as price is currently at a very significant Daily trend line and also a strong support zone. For safer entries, you can wait for price to break the counter-trendline before going long
Hello,Traders! EUR-NZD is trading in a Downtrend and the pair Broke the key horizontal Level of 1.7637 which is Now a resistance and the Pair made a retest and And is going down again So I am bearish biased And I will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EURNZD - 24h expiry Our short term bias remains negative. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. 50 4hour EMA is at 1.7683. We look for a temporary move higher. The sequence for trading is lower lows and highs. We look to Sell at 1.7683 (stop at 1.7733) Our profit...
BUY on the theory markets ranges 70% of the time, and BUY on the theory markets retraces HALF of the previous leg 90% of the time. Entry and invalid lines for 1h TF.
Looking at the Daily timeframe, we can see that price is in a big Triangle pattern and it's about to test the Bullish trend line. Upon touching the trend line, wait for a clean Bullish Daily candle to close for confirmation, then swing all the way up to the top of the triangle. Let me know what u think in the comment section.
As you see on chart nice short after harmonic, still price can go a bit more down and I lokking for reversal...
Hey Traders, in today's trading session we are monitoring EURNZD for a selling opportunity around 1.76900 zone, EURNZD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.76900 support and resistance area. Trade safe, Joe.
Please, check our technical outlook for EURNZD. Time Frame: 7h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.765. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.774 level. P.S Overbought describes a period of...
For this pair, the price indicates a dilemna momentum. According to the longer timeframes, a falling flag pattern is formed, which might be a strong indication of a bullish momentum. As for now, a head and shoulder pattern has been formed, and when the support line breaks, it might be a strong bearish momentum. Let us wait and see how it will turn out.