EUR/NZD SENDS CLEAR BULLISH SIGNALS|LONG
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Previous week’s red candle means that for us the EUR/NZD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.784.
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EURNZD
EUR/NZD Multi-Timeframe & Order Flow Analysis Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
EurNzd potential reversallooking for some countertrend
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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 Will Grow! Buy!
Take a look at our analysis for EURNZD.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 1.791.
The above observations make me that the market will inevitably achieve 1.807 level.
P.S
We determine overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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EURNZD - Long 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 longs from discount zone. If price continues the retracement and then rejects from bullish order block + institutional big figure 1.79000, I will open a long position.
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EUR/NZD Shows Bullish Rally with Potential for Long SetupThe EUR/NZD currency pair has been continuing its upward trend, with the main trend displaying a pattern of making higher highs and higher lows. In the last trading session, the price began a retracement, bringing the current value of the pair to approximately the 61.8% Fibonacci level, and it may potentially reach the 78.6% level. It's possible that during this phase, the market may experience a pullback in the direction of the main trend. Given these factors, our idea is to anticipate a long setup, as we believe that the upward trend will continue in the long term.
Eurnzd BREAKOUT!!!! who else is SEEING this!!!!!!????💥💥A CONFLUENCE of TRENDLINE, PULLBACK zone and FIBONACCI retracement zone everything's stacked for a potential strong up move.
lets see whats gonna happen guys......
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EURNZD Technical Analysis and Trade IdeaIn this video we focus on the #EURNZD. We discuss different aspects evident on the chart including the trend, price action, price gaps, market structure, and a potential trade opportunity is covered. It is important to note that this is not financial advice and is meant for educational purposes only.
EURNZDThis pair is grossly overbought at these levels. And we could see throughout today or Thursday a significant drop in this asset to fill a liquidity void that it left below. Remember that it is a pending order.
Este par esta sumamente sobre comprado a estos niveles. Y podriamos ver a lo largo del día de hoy o el jueves una bajada significativa de este activo a rellenar un vacio de liquidez que dejo mas abajo. Recuerda que es una orden pendiente.
EURNZD 26/APR/2023Based on recent price action, EURNZD has formed a bullish channel pattern.
Last week, the price breakout from the resistance area of the bullish channel, indicated a strong buy signal.
This week, there is a possibility of price correction and the price retraced, but still managed to find support in the bullish region.
The stochastic 5,3,3 indicator has crossed below the oversold value, supporting the bullish sentiment.
False breakout is still possible and the price may return to the bullish channel area.
Strong Bullish Momentum for EUR/NZD - Potential for Long Setup.The EUR/NZD is currently exhibiting robust bullish momentum, characterized by lower highs and higher highs occurring within a bullish channel. In a recent development, the price underwent a retest of the bullish trendline channel last Friday, followed by a subsequent higher high. Our analysis suggests that this strong momentum of the EUR may persist, with the price potentially reaching the next hurdle in the resistance area of 1.8000 and 1.8050. We are therefore considering a long setup in light of these observations.