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
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.
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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.
eurnzd sellExit this signal and enter sell with specified stop
. 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 LowerTrying EURNZD lower here.
I think the narrative changing for the EUR is starting to affect positioning and we could see some people coming out of their EUR longs. The longs have been built on a hawkish ECB so far which i think could change. We're reaching the peak of ECB rates soon and EUR data has recently surprised to the downside quite a lot, including today. I think EUR CPI data will start to come in lower as well looking at forward looking inflation data from the EU.
The NZD narrative is not amazing but mostly priced in and while there are economic worries NZD still has a very good carry.
rate differentials are pointing much much as well, suggesting we should be near the lows of the past 3 months or so while the pair is near the highs (likely due to the china reopening trade taking a big hit so far this year).
Not trading/investment advise, feedback welcome!
EURAUD I Long from bottom of the channelWelcome back! Let me know your thoughts in the comments!
** EURAUD 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 I Potential long from support 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.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
EURNZD potential long setup at demandI've spotted 2 demand zones ( level on top of level) for EURNZD between 1.78258 and 1.78127 (first demand level) on the 1 hour chart. If price retraces to this zone, I'll be considering a long position.
My target is set at 1.79537 (first demand level price target), with a potential for a 6.4 R reward. That's 6.4 units of profit for every unit of risk.
I plan to exit the trade if there's a 1 hour candle closing below the demand zone number 2 (1.77957)