EURNZD
EurNzd could rise to 1.9- Long term outlookEurNzd is a very volatile pair and for sure is very risky to trade it in the short term, however, if you take a look at the longer picture and ignore 100+ pips usually daily volatility, you can find pretty nice opportunities. I think this is the case right now...
EurNzd has been in a bull trend for quite some time and from May to August the pair formed a nice ascending triangle which was broken at the beginning of August. A retest of the broken resistance level followed, and a quick reversal after the touch.
Also, this correction from 1.8446 top is a bullish flag and once broken, would suggest continuation. This, correlated with the 1k pips target given by the triangle, could lead to a rise to 1.9.
That being said, I'm bullish EurNzd in the long term and I think the pair will reach 1.9 by year's end.
Happy trading!
Mihai Iacob
EURNZD H4 | Potential bearish reversalEURNZD is rising towards a swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.83561 which is a swing-high resistance.
Stop loss is at 1.84800 which is a level that sits above the 127.2% Fibonacci extension level and the swing-high resistance on 21st August.
Take profit is at 1.81010 which is a swing-low support that aligns close to the 50.0% Fibonacci extension level.
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EURNZD Is Very Bearish! Sell!
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 on a crucial zone of supply 1.829.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.820 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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EURNZD Massive Long! BUY!
My dear friends,
EURNZD looks like it will make a good move, and here are the details:
The market is trading on 1.8162 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.8237
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURNZD ____ INCOMING BEARISH MOVEHello Traders,
This pair has rallied for the longest, however, last week it printed a bearish CHOCH on the daily timeframe.
My speculation is for price to trade into the orderblock it created and continue the bearish move. Once price trades into the orderblock, I will go into the 1-hour timeframe to watch for a CHOCH before going short.
See the analysis of correlated pairs below: NZDCHF & NZDSGD
Follow for more updates like this
NZDCHF ANALYSIS
NZDSGD ANALYSIS
Cheers,
Jabari
✅EUR_NZD LONG FROM SUPPORT🚀
✅EUR_NZD is approaching a demand level of 1.8027
So according to our strategy
We will be looking for the signs of the reversal in the trend
To jump onto the bullish bandwagon just on time to get the best
Risk reward ratio for us
LONG🚀
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EURNZD: Bullish Continuation & Long Signal
EURNZD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long EURNZD
Entry - 1.8124
Sl - 1.8058
Tp - 1.8241
Our Risk - 1%
Start protection of your profits from lower levels
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More correction of EurNzd should be coming
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The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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EURNZD Set To Grow! BUY!
My dear followers,
This is my opinion on the EURNZD next move:
The asset is approaching an important pivot point 1.8156
Bias - Bullish
Safe Stop Loss - 1.8087
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.8272
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
EURNZD I Approaching reversal zone Welcome back! Let me know your thoughts in the comments!
** EURNZD Analysis - Listen to video!
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EURNZD LowerTrying EURNZD lower here.
With the EUR narrative taking a hit for a while now on weak economic data and a more dovish ECB, combined with extreme EUR longs i think EURNZD lower makes sense short term.
commodities are doing better, i think china worries are peaking and rate differentials are moving lower.
We also have a nice shooting star on the daily chart as well.
Not trading/investment advise, feedback welcome!
EUR/NZD LONG FROM SUPPORT
Hello,Friends!
EUR/NZD is making a bearish pullback on the 5H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 1.833 level.
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EURNZD posted a daily bearish engulfing.EURNZD - Intraday
The bearish engulfing candle on the daily chart is negative for sentiment.
The trend of lower highs is located at 1.8345.
We look for a temporary move higher.
We are trading at overbought extremes.
Bearish divergence is expected to cap gains.
We look to Sell at 1.8343 (stop at 1.8393)
Our profit targets will be 1.8223 and 1.8193
Resistance: 1.8220 / 1.8280 / 1.8330
Support: 1.8170 / 1.8125 / 1.8100
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