EURNZDits getting towards end of session but i think this play here can happen targeting en highs and possible r1
but like i said getting close to end of session so could have new levels at 4pm cst
this setup had a bulish choch and we are also getting bullish candles here so either a nice 50 pip pull back for entry or we can take off soon equal lows were filled on that last push up
Eurnzdanalysis
EURNZD 30M TRADING ANALYSISHello Traders
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EURNZD 30M TRADING ANALYSIS
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EURNZD 1H LONG TRADING ANALYSISGood Day Traders
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#EURNZD 1H TRADING ANALYSIS
Please support this idea with a LIKE if you find it useful.
Thank you for reading this idea! I hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not Financial Advice.
Do you want to catch those pretty pairs like this also?
Follow me for free profitable trades, PEACE
EURNZD | Complex Correction | Breakout Will Decide The Next MoveEURNZD | Complex Correction | Breakout Will Decide The Next Move
Price is developing a complex correction in EURNZD.
The first pattern is an ABC pattern and the price can increase even more
above the pattern.
The second pattern is an ABCDE pattern. In this scenario the price can move lower
again and by opening a new bearish possibility again for a deeper correction.
Thank you and Good Luck!
EURNZD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find a significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURNZD Double bottom BreakoutThe idea here is about Forex: Euro/New Zealand Dollar (EURNZD).
My view is bullish short term for the above mentioned pair due to the below observed technical factors.
Points as per TA on a Weekly Chart:
1. Double Bottom pattern completed and neckline broken on weekly chart and the target goes the same distance as the height of the pattern, up from the neckline as below:
2. Broken out of downtrend long back with false breakout and breakdown on weekly chart as below:
3. Support Established on 200 EMA as below :
4. Possible Butterfly pattern CD leg under formation and min Fibonacci distance from XD is 1.272 as below which can is considered as future target price:
5. Trading above 20 & 200 EMA on Daily chart.
6. Kumo Twist & Breakout on a daily chart is Strong and on weekly kumo twist is neutral & Kumo breakout is currently consolidating.
7. RSI is at 73.14 on a daily and 66.31 on weekly chart at the time of publishing.
8. MACD way above signal line on weekly & daily chart.
9. Hull Moving Average & other Moving average is a strong Buy Signal on Daily, Weekly & monthly chart.
10. ADX is at 54.46 on daily chart (ADX Value above 50 is considered as very strong trend) & 13.19 on weekly chart (ADX value below 25 is considered as absent or weak trend).
11. Volume Spike in weekly chart signals strong Momentum.
Projected targets provided in chart.
Stop Loss: provided in Chart.
Note: Please bear with me if there is anything which I might have missed. Since, I am publishing my first TA on Forex.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
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🌟Best price and area to SELL Euro to New Zealand Dollar🧨🧨🔰You can see the analysis of the Euro to New Zealand dollar currency pair in the 15-minute time frame (EURNZD_ 15min)🔍
💥If the price can break❗ the Up trend line🖤 and stabilize❗ below it, it can experience a fall🔻 to Support🧡
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
📌Please introduce the channel to your friends 🙏🏻
______📈TRADER STREET📉______
EURNZD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
DeGRAM | EURNZD strong resistance EURNZD moved out of the ascending channel and reached a major resistance.
The market is overbought, and if the resistance rejects price from the level, then we can look for possible short.
We anticipate a pullback or consolidation at this level.
-------------------
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DeGRAM | EURNZD strong resistanceEURNZD currently is testing a major resistance level, which is a psychological level as well.
If the market forms a double top with divergence or creates false breaks at the resistance level, then we can look for a selling opportunity.
We expect a pullback from the level; an alternative scenario is a consolidation at the resistance.
-------------------
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EURNZD - MARKET SENTIMENT WITH TRADE IDEA #EURNZD
Currently, according to the CURRENTLY STRENGTH, EUR is becoming quite strong. The reason is that ECB RATE HIKE SENTIMENT is PRICE. Also, the NZD is getting weaker than the EUR right now.
Therefore, EURNZD can definitely go DOWN to the SUPPORT AREA of this CHANNEL before going UP again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can SELL until the 1.6128 LEVEL. And before SELL, EURNZD can be BUY at 1.6914 LEVEL. So stay tuned for MARKET UPDATES. eurnzd
EURNZD Short Trade SetupA bearish opportunity recently presented itself on the euro-kiwi trading chart. This follows from the bearish harami candlestick pattern which printed just below the 1.66000 psychological level. A stop loss above the same psychological level and a profit target anywhere between your entry and the swing low of 1.58860 could give you a reward-to-risk ratio as high as 3. Be sure to size your position based on your trading account balance and apply other risk management measures before placing trades.
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Your FX Plug
FX:EURNZD
⭕SELL EURNZD at the best price and area🧨👌🔰You can see the analysis of Euro to New Zealand dollar in the four-hour time frame (EURNZD _ 4H)🔍
💥According to the black🖤 downward trend line as well as the supply zone, the best area and price to sell this currency pair is in the overlap of these two areas🧐and we can expect the price to fall to the support🧡 line❗🔻
I hope the analysis was useful for you🤍🌹
📌Please introduce "TRADER STREET" to your friends 🙏🏻
____________📈TRADER STREET📉_______________
EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD
Currently, according to the CURRENTLY STRENGTH, EUR is becoming quite strong. The reason is that ECB RATE HIKE SENTIMENT is PRICE. Also, the NZD is getting weaker than the EUR right now.
Therefore, EURNZD can definitely go DOWN to the SUPPORT AREA of this CHANNEL before going UP again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can SELL until the 1.6128 LEVEL. Also, EURNZD can be BUY at 1.6830 level before SELL. So stay tuned for MARKET UPDATES. eurnzd