BUY EUR/NZD ON 30MAnticipating shift in trend upwards as price action demonstrates a strong momentum swing up. Additionally, all requirements for a valid K2 Trading Strategy entry are present providing additional confirmation for my idea!
EURNZD-LONG
long position on EURNZD is happenning now !!!!eurnzd haz completed its consolidation by the looks of it i have entered a long position and will be holding this position for the rest of the weeks with management .
price has came down to the level we marked as support a couple times and has not been able to break it ! we are anticipating a initial push up to indicate a trend reversal . then we will close out half my position and wait for reentry on new uptrend
EURNZD LONG IDEAHello traders!
Welcome to the new trading season of 2020!! I wish you a happy new year and a lot of success on your trading journey. The focused trading opportunity of the new week is EURNZD LONG TRADE.
EURNZD Daily:
On the daily, you can perfectly see how price found a supportive region (demand zone) after a meltdown of 1000pips!!!. I believe it is time for a retracement to the upside. Scaling down to the lower time frames such as 1hour, we have several LH's and HH's. I do want to see the push down to the hourly trend line confluences with the Fibonacci retracement 0.705%. If we can get a nice rejection of the market region, we can take a long trade to the marked TP levels.
Have a good one!
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Technical analysis is for the educational porpuses if you will take the trade, take within your own analysis and your own opinion.
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Seems a possible trade, I like the setupThe chart show it all. If any question feel free to comment.
EURNZD - 4 hour bullish block - November 20, 2019EURNZD broke equal lows on the 4 hour and with a bullish candle breaking highs.
- Looking for price to take up liquidity above.
- Positive EUR news is coming, I believe NZD will fall soon.
EURNZD Bullish 30 min block - November 15, 2019EURNZD 30 min bullish block.
- Overall NZD is bullish in my opinion so this trade makes more since on a lower timeframe.
- We see a break of equal lows, and a third touch to a minor uptrend. We would take our trade to 1.73200 and possibly the 1.73700 point before heading back down.
EURNZD H&S PatternPossibly Head and Shoulder Pattern
Still in Channel though.
Possible short then long.
EURNZD Fundamental Analysis – October 14th 2019Here are the key factors to keep in mind today for Euro trades:
German Wholesale Price Index: The German Wholesale Price Index for September decreased by 0.4% monthly and by 1.9% annualized. Forex traders can compare this to the German Wholesale Price Index for August which decreased by 0.8% monthly and by 1.1% annualized.
Eurozone Industrial Production: Eurozone Industrial Production for August is predicted to increase by 0.3% monthly and to decrease by 2.5% annualized. Forex traders can compare this to Eurozone Industrial Production for July which decreased by 0.4% monthly and by 2.0% annualized.
Here are the key factors to keep in mind today for New Zealand Dollar trades:
New Zealand Performance of Services Index: The New Zealand Performance of Services Index for September was reported at 54.4. Forex traders can compare this to the New Zealand Performance of Services Index for August which was reported at 54.6.
Chinese Trade Balance: The Chinese Trade Balance for September was reported at $39.65B. Economists predicted a figure of $34.75B. Forex traders can compare this to the Chinese Trade Balance for August which was reported at $34.83B. Exports for September decreased by 3.2% annualized and Imports decreased by 8.5% annualized. Economists predicted a decrease of 2.8% and a decrease of 6.0%. Forex traders can compare this to Exports for August which decreased by 1.0% annualized and to Imports which decreased by 5.6% annualized.
Chinese New Yuan Loans: Chinese New Yuan Loans for September are predicted at CNY1,360.0B. Forex traders can compare this to Chinese New Yuan Loans for August which were reported at CNY1,210.0B.
Chinese Aggregate Financing: Chinese Aggregate Financing for September are predicted at CNY1,900.0B. Forex traders can compare this to Chinese Aggregate Financing for August which was reported at CNY1,980.0B.
Should price action for the EURNZD remain inside the or breakdown below the 1.7455 to 1.7545 zone the following trade set-up is recommended:
Timeframe: D1
Recommendation: Short Position
Entry Level: Short Position @ 1.7500
Take Profit Zone: 1.7000 – 1.7100
Stop Loss Level: 1.7615
Should price action for the EURNZD breakout above 1.7545 the following trade set-up is recommended:
Timeframe: D1
Recommendation: Long Position
Entry Level: Long Position @ 1.7615
Take Profit Zone: 1.7730 – 1.7810
Stop Loss Level: 1.7545
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EUR/NZD Trade IdeaHello and welcome to my Trade Idea of the currency pair EUR/NZD.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is bullish. Also the last monthly candle closed as big filled bullish candle.
Weekly: We see on the weekly timeframe a bullish momentum too.
Daily: The strong trendline will be drawn on the daily timeframe. The second touch included a fakeout.
Have a nice day.
EURNZD short-term long set up.I expect price to make it to the 1.618 extension and would love to see it hit 2.00 Fibonacci extension.
Analysis of EURNZD 26.08.2019The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.7600
• Take Profit Level: 1.7800 (200 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.7300
• Take Profit Level: 1.7250 (50 pips)
USDJPY
A possible long position at the breakout of the level 106.00
GOLD
A possible long position at the breakout of the level 1555.00
USDCHF
A possible long position at the breakout of the level 0.9790
GBPUSD
A possible short position in the breakdown of the level 1.2230
EUR/NZD Trade IdeaHello and welcome to my Trade Idea of the currency pair EUR/NZD.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is overall bullish.
Weekly: In the last weeks were very big bullish candles.
Daily: On daily we see a upside trend with nearly no pullbacks.
H4: We draw the counter trendline on the h4 timeframe. We expect a push to the high.
Have a nice day.
EURAUD EURNZD 60 LongPretty straight forward trade. Trend pullback trade. Taking a similiar trade in the sister pair EURAUD
Expecting a Bullish Impulse (STA)All these predictions are made by Quantitative Analysis Algorithms following short term trends. These Quantitative Analysis Algorithms will calculate maximum correction relative to previous impulses.
Relative to previous bullish impulse we are now in a bearish correction. So algorithm expecting a short term bullish impulse.
EURNZD: Potential turning pointsAfter a massive 8H trend down, EURNZD made a bounce north. Now there is conflict with a Daily trend heading south. I explore the probabilities. Have a look.
Disclaimer : T his is not a recommendation to trade securities. Your losses are your own should you take a position. This means you sue yourself if you lose your money.
EURNZD super Long!!!Welcome to Fxtradingservices, we provide signals and services to our costumers. After hitting the 1.72000 handle which was a strong resistance level now we can see a possible re test of the previous high. Not a great time fundamentally for NZD as RBNZ decide to cut the interest rate of 50 basis point.
Long EURNZD 7-21-19As we see on the H4 chart on EURNZD we see that it has been in a previous downtrend then uptrend and as we look at the chart we see that pattern possibly starting to happen again and we are also oversold on the RSI after it has been in a downtrend again so we may see a possible uptrend soon to come.
EUR/NZD: Potential 410 pips - Long with 11.0 R/RDear Traders all around the world
EUR/NZD engineered liquidity below the 29th of April low and formed a 12H bullish rejection candle while it approached our daily Orderblock.
Therefore I am anticipating a long with a 11.0 R/R ratio while watching PA closely once we are approaching the highlighted levels.
POC: Point of Control
EQ: Equilibrium
EUR NZD, 4H, INVERTED HEAD & SHOULDER IDENTIFIED, LONG MARKET simple set up, example of how we would enter this market at 1:2 R:R
