EURNZD - Potential long !!Hello traders!
‼️ This is my perspective on EURNZD.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.82000.
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EURNZD
Potential bearish drop?EUR/NZD has reacted off the pivot which is a pullback resistance and could drop to the 1st support which acts as a pullback support.
Pivot: 1.84169
1st Support: 1.82679
1st Resistance: 1.85339
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Falling towards 38.2% Fibonacci support?EUR/NZD is falling towards the support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.83820
Why we like it:
There is an overlap support level that lines up with the 38.2% Fibonacci retracement.
Stop loss: 1.83155
Why we like it:
There is a pullback support level.
Take profit: 1.84759
Why we like it:
There is an overlap resistance level that is slightly below the 78.6% Fibonacci retracement.
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EURNZD to find resistance at previous support?EURNZD - 24h expiry
Short term bias has turned negative.
We are trading at overbought extremes.
Preferred trade is to sell into rallies.
Risk/Reward would be poor to call a sell from current levels.
50 4hour EMA is at 1.8398.
Previous support at 1.8400 now becomes resistance.
We look to Sell at 1.8389 (stop at 1.8445)
Our profit targets will be 1.8249 and 1.8229
Resistance: 1.8384 / 1.8400 / 1.8450
Support: 1.8320 / 1.8280 / 1.8250
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Bearish drop off pullback resitance?EUR/NZD has reacted off the pivot and could drop to the 1st support level.
Pivot: 1.85344
1st Support: 1.83694
1st Resistance: 1.86172
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EURNZD, H1 - 12?31?24.Drawing fibonacci from last fvg created to previous high.
Price will retrace to next bid level, - fib 382 retracement, for bearish continuation.
Confirmations -
Level to retest - fib 382 retracement.
Level not to break - fib 382 retracement.
Trade Invalidity -
Change in market direction will be confirmed when price breaks 'price-point', 1.85252, and retests. Price must maintain level to continue bull-trend.
- FX_Dispenser,
You're Welcome.
Could the price drop from here?EUR/NZD is reacting off the pivot and could drop to the 1st support which aligns with the 38.2% Fibonacci retracement.
Pivot: 1.84535
1st Support: 1.82654
1st Resistance: 1.85426
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish bounce off pullback support?EUR/NZD is falling towards the support level which is a pullback support that aligns with the 23.6% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.83656
Why we like it:
There is a pullback support level that aligns with the 23.6% Fibonacci retraecment.
Stop loss: 1.82385
Why we like it:
There is a pullback support level that lines up with the 38.2% Fibonacci retracement.
Take profit: 1.85286
Why we like it:
There is a pullback resistance level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
EurNzd could rise to 1.85On October 1st, EUR/NZD reached a local low at the psychological level of 1.75, followed by a reversal that lasted until November 1st, gaining nearly 1300 pips.
A normal correction then occurred, and from mid-November, the pair started consolidating between the 1.78 and 1.80 levels.
December brought a breakout above the key 1.80 level, and since then, EUR/NZD has been in a nice uptrend.
As of now, the price is 1.8230, and it looks like a breakout above resistance is imminent.
In this scenario, the next target for the bulls is the 1.85 level.
EUR/NZD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
The BB upper band is nearby so EUR-NZD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.802.
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Bullish bounce off pullback support?EUR/NZD is falling towards the pivot which acts as a pullback support and could bounce to the pullback resistance.
Pivot: 1.82659
1st Support: 1.81404
1st Resistance: 1.84519
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EUR-NZD Will Keep Growing! Buy!
Hello,Traders!
EUR-NZD is trading in an
Uptrend and the pair is
Making a bullish rebound
From the horizontal support
Of 1.8371 so we are bullish
Biased and we will be
Expecting a further
Bullish move up
Buy!
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eurnzd sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
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 I Short from top of the channel 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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Buy EUR/NZD Bullish ChannelThe EUR/NZD pair on the H1 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Bullish Channel pattern. This suggests a shift in momentum towards the upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.8324
2nd Support – 1.8384
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#EURNZD 2HEURNZD 2-Hour Analysis
The EURNZD pair is forming a rising wedge pattern on the 2-hour chart, which often signals a potential bearish reversal. The price is trading near the wedge's upper levels, and a breakdown below the support line would confirm selling pressure, offering further sell opportunities.
Technical Outlook:
Pattern: Rising Wedge
Forecast: Bearish (Sell, and Sell More on Support Line Breakdown)
Entry Strategy: Initiate a sell position if the price shows bearish signals near the wedge's resistance. Add to the position or open new sell trades once the support line is broken and confirmed with a retest or bearish price action.
Traders should monitor indicators like RSI for overbought conditions or MACD for bearish crossovers to strengthen the case for a sell. Use proper risk management by setting stop-loss orders above the wedge resistance and targeting key support levels below the breakdown point.
EURNZD analysis elliot. 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