EURNZD
EURNZD - NEW BREAKOUT 🔥Hello Traders!
On The Daily Time Frame The EURNZD Price Reached a Strong Resistance Level (1.82246 - 1.80366).
Currently, This Key Level is Broken (Resistance Level Becomes new Support Level)🔥
So, I Expect a Bullish Move📈
i'm waiting for a retest...
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TARGET: 1.87100🎯
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EURNZD ____ TRADE IDEA FOR DAY TRADERS & SEMI-SWING TRADERSHello Traders,
EURNZD rallied almost throughout this week and at some point it is expected to retrace. If you go on your monthly chart and use your Fibonacci to calculate the extension, you would notice that price just traded to the first expected price target and it make sense that the price should start the retracement from there.
On the 1-hour chart, you would notice that a CHOCH has formed which could lead to a retracement in price.
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Cheers,
Jabari
EURNZD - Getting Over-Bought ↘️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
EURNZD has been overall bullish trading inside the rising channel in orange, however it is currently approaching upper bound of the channel.
Moreover, the zone 1.81 is a strong resistance zone.
🏹 So the highlighted red circle is a strong area to look for sell setups as it is the intersection of the blue supply and upper red trendline.
As per my trading style:
As EURNZD approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURNZD ____ INCOMING BULLISH MOVEHello Guys,
Let's break down EURNZD together...
On the monthly timeframe, we can see that the bullish rally is meant to continue as the retracement seems completed.
On the weekly timeframe, you will notice that price formed relatively equal highs (buy-side liquidity) which as you will know attracts price to sweep it. You will also notice that last week's candle depicts the continuation of the impulse leg.
On the daily chart, we have a W pattern that is currently trading at a supply level (this could give cause to the retracement). You will also notice the order block of the daily chart is the same as the weekly chart.
What next you may ask... I will be looking to capitalise on a short-term sell if I get an opportunity with my target to be the order block below... and I will monitor price once it enters the order block to go long.
I have 2 targets for my bullish trade... the first one (yellow line) was gotten on the weekly timeframe while the second one (red line) was gotten on the monthly timeframe.
Do you like the way I did this analysis?... should I continue in this form? let me know in the comment section.
See below for EURCAD analysis.
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EURCAD ANALYSIS
Cheers,
Jabari
EUR/NZD short term drop 800 pipHello Traders
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
EURNZD LONG TERM SELLING IDEAHello Traders
In This Chart EURNZD DAILY 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 - Potential SellEURNZD is currently in an area of supply, and has been ranging in this area throughout the week.
There is an opportunity for a potential intraday sell and a possible entry for a long-term sell. Price took out the previous highs, broke structure in the 15min timeframe. I am waiting for it to take our the Asian range high, into the point of interest. Note, the point of interest retraced to 80% fib level
EURNZD - Potential Sell (The Bigger Picture)So here is the bigger picture on EURNZD
The price has taken out previous highs and filled in the fair value gap and traded into the area of supply. Once price breaks below the range, there will be selling opportunities within the range.
Pay attention to the smaller timeframe price action
💱EURNZD - The price is preparing for a breakout and a riseEURNZD is forming an ascending triangle and for the past few hours, the currency pair has been showing potential that is preparing the price for upward movement
TA on high timeframe:
1) A retest of 1.8000 is forming
2) Consolidation near liquidity on the resistance side
TA on the low timeframe:
1) An ascending triangle is forming
2) Price into the range and consolidates near resistance
3) Pre-breakout consolidation is forming
4) Breakout of 1.8000 will send the price to 1.81000
5) Medium-term potential is to rise to 1.83000
Key support: 1.79270
Key resistance: 1.80000
EURNZD - All Confluences Pointing To Bullishness!Analysis:
Strong upwards trend (bullish bias)
Retest of a key level (bullish bias)
50% fib retracement touch (bullish bias)
Upwards trendline touch (bullish bias)
EUR strongest major currency (bullish bias)
NZD 5th strongest major currency (bullish bias)
40K long position increase for the EUR (bullish bias)
2K short positions increase for the NZD (bullish bias)
Comment:
All of the confluences factors that we pay attention to are pointing to bullishness on this pair which is why we have a overall bullish bias.
Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you!
Stay Safe - The JPI Team
Disclaimer:
This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
EURNZD I It will fall from the resistance zoneWelcome back! Let me know your thoughts in the comments!
** EURNZD Analysis - Listen to video!
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EURNZD Is Very Bearish! Sell!
Here is our detailed technical review for EURNZD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 1.799.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.791 level.
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 Will Collapse! SELL!
My dear friends ,
My technical analysis for EUR/NZD is below:
The price is coiling around a solid key level - 1.79818
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.79257
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 biasEURNZD is clearly still long and will propably continue to be long for a while. here are 2 zones you could look for confirmation entries, i will be doing just that myself. Don't be surprised if we don't have another pullback before hitting the expected target.
and most importantly DO NOT trade against the trend, you will get burned trying to force this pair downwards towards a zone or poi. thats how most traders lose money
EURNZDHI, this is the trade I took on eurnzd. As you can see it hit tp. I will say I exited early at the 1h 50MA, as it started to shark fin against me with some hidden divergence. Normally I would take a third partials and risk manage but I did not risk enough for that to make sense in this case and was happy with the profit. Another note I would like to add was I took an entry also because there was a daily 50MA also. Now I have a found a strategy I 100% love and fits me, I will posting and sharing my trades. Regardless of win loss or BE. As always feel free to dm or get in contact. I am always happy to help where I can and talk to great like minded individuals.