EURNZD Fails To Hold Above 1.8293 Daily LevelSimilar to my EURAUD post, I see downside potential in the EURNZD pair as well. I plotted upper and lower boundaries of this daily range based on last week's prices.
Earlier today, price sold off, crossing back below the 1.88293 lower level. Not only is this signalling that price is unable to hold back within the range, the bearish candle is also an engulfing bar. It signals toady's close is so strong that it took out two days worth of gains.
In my short term forecast, I think downside pressure is due to form.
EURNZD
EURNZD I Potential decline to 1.8165 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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EURNZD should be looking at more upside to come!
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EURNZD Is Bearish! Short!
Here is our detailed technical review for EURNZD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 1.828.
Considering the today's price action, probabilities will be high to see a movement to 1.818.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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EUR/NZD BEARISH BIAS RIGHT NOW| 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 1.814.
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EURNZD just ready to take off#EURNZD... market is getting ready for take off, arc on placed,
holding of cycle low arc line mean it will break upside resistance and upside areas areas are mentioned on chart..
a long buying run on table, pick a dip and hold it untill your bottom arc line hold.
trade wisely
good luck
EN - AO DIVERGENCEFrom H4 time frame, we can see AO divergence: Price is making higher high while AO is making lower high => Divergence => Buyis getting weaker.
Let's monitor price action and look for SELL opportunity
JUST REMEMBER TO MANAGE YOUR CAPITAL WHILE TRADING. NO MATTER HOW PERFECT YOUR TRADING SYSTEM IS, THE WAY YOU MANAGE YOUR RISK IS THE KEY TO BE A CONSISTENT TRADER.
EURNZD Higher structure confirmedEURNZD has been creating higher highs and higher lows on the hourly timeframe. With fundamentals on the NZD not being positive and the dollar pushing up, EURNZD tends to reject the trendline everytime it tries to go lower... With this in mind, I am betting on the push to the upside on this currency pair.
eurnzd sell . 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
EURNZD 20/8/23EURNZD has become one of our main pairs after we back tested over 12months of PA and had increased returns, now we follow this pair on a daily basis!
super simple sell range here so we are going to go for a short at our POI if we meet our entry requirements, NOW as we have such a large range we are using a confirm entry to get the best idea of price dropping or leading us higher.
cons are good for this range, liquidity, POI high volume, bank zone at our POI and overall clean break of the last range.
**KEY NOTE**
Jackson hole meetings this week that always shake up the markets so please keep an eye on that event!
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
EURNZD - Rejection from bullish order block ✅Hello traders!
‼️ This is my perspective on EURNZD.
Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, so I am looking for long. I want price to continue the retracement to fill the imbalance lower and then to reject from 30M bullish order block.
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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.
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
EURNZD : Short Trade , 1hHello traders, we want to check the chart of EURNZD. The price has broken the upward channel and pulled back to the specified key level. We expect this level to maintain the downward trend of the price and play the role of a resistance level. We expect the price to fall to around 1.81100. Good luck.
EURNZD AUGUST MONTLY STRUCTURE OHLC(SELL SIGNAL) 🔻🔻🔻🔻EURNZD
AUGUST MONTLY STRUCTURE
OHLC(SELL SIGNAL)
🔻🔻🔻🔻
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"Analysis of FX:EURNZD EURNZD Monthly Price Structure for August
Identification of Open, High, Low, and Close Prices Indicates a Potential Sell Signal
Upon observation of the monthly timeframe, it is evident that the EURNZD pair has commenced the current month by establishing a notably elevated opening value. This is notably observed when focusing on the High price within the daily timeframe, notably situated at the level of 1.83365. This level has proven its significance as a point of strong rejection, thereby serving as a potential indication of bearish sentiment.
Considering this setup, it is advised to adopt a cautious approach and await the confirmation of selling interest before initiating any trading actions. The calculated targets for this potential selling scenario are defined as follows: The initial target is set at 1.80843 , followed by a secondary target at 1.80109 . Additionally, the daily open target is identified at 1.78663 .
To further ensure the validity of this selling proposition, it is recommended to await a definitive crossover signal from the Traders' Dynamic Index (TDI) indicator. This would substantiate the presence of sellers in the market and provide a more informed basis for making trading decisions. Exercise prudence and patience in light of these technical indications."
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P A T I E N C E + D I S C I P L I N E
EURNZD I Bearish divergence and wick failureWelcome 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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Thanks for your continued support!