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Eurnzdanalysis

Eurnzd Time frame AnalysisEurNzd 1st Window. In this window we can see Trendline has been broken three week ago. And now this week market is testing its trenline since March 2020. But here 50 SMA is also a resistance. After that we also have resistence near 1.6811 since June 2021 and after that we also have a strong resistence near 1.7173 since July 2020. 2nd Window. In this window we can see this is the D1 Timeframe. And market is following Trendline since April 2022. And from last 11 days market is down but in a channel. We can expect bullish breakout if market respect its Trendline. So we will find a reversal near 1.6871. 3rd Window 3rd window is showing market has broken its trendline and now testing TL. We may find a resistence and reversal near 1.66700. 4th Window Here we are concluding that what should we do. Risk Disclosure TRADING IS NOT SUITABLE FOR EVERYONE. IF YOU DON’T KNOW WTF YOU’RE DOING, TRADING FOREX CAN CAUSE YOU TO COMPLETELY LOSE ALL OF YOUR MONEY. FOREIGN CURRENCY TRADING IS HIGHLY SPECULATIVE AND RISKY. IT IS ONLY SUITABLE FOR THOSE PEOPLE WHO UNDERSTAND, AND ARE WILLING TO TAKE ON, THE FINANCIAL AND OTHER RISKS INVOLVED, AND WHO HAVE THE RESOURCES TO WITHSTAND LOSSES THAT MAY BE SIGNIFICANTLY GREATER THAT ANY DEPOSITS YOU HAVE MADE. Financial instruments that are traded on leverage carry a high level of risk and you could lose more than your deposits. We will not be liable of any losses. Take trade if you can bear the losses.
Short
by Theranasaramd
EURNZD - MARKET SENTIMENT- NZD FEATURE is currently slightly UP. The main reason for this is that the previous day's MARKET RISK ON. We can also mention the UP TREND in COMMODITIES as the main reason for that. But now COMMODITIES are UP. Today the NZD FEATURE stands at 0.6309 LEVEL. The EUR FEATURE stands at 1.0581 LEVEL. - Currently the OVERALL MARKET is showing a NEUTRAL BIAS. STOCKS is currently showing a MIXED RISK SENTIMENT. And the VOLATILITY is getting a bit DOWN. Also COMMODITIES shows a DOWN SIDE BIAS. Currently the market has a NEUTRAL BIAS. Therefore, in the future, all NZD CAD AUD currencies may be UP or DOWN compared to JPY CHF currencies. - EURNZD PRICE can be REJECT from 1.6932 LEVEL. If COMMODITIES PRICES become DOWN again, VOLATILITY DOWN, OVERALL MARKET RISK ON, EURNZD will sell further. But if the TREND LINE does not BREAK it will continue to EURNZD BUY. - EURNZD PRICE can go to 1.6932 LEVEL before DOWN. Then it can be sold at 1.6084 LEVEL. This is determined by the market sentiment and market sentiment in terms of the activity of the New Zealand dollar.
by benny_marshall
EURNZDHello Traders Welcome back to another profit day If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions 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. EURNZD view with smart money concept Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts. The information given is not a Financial Advice. Please support this idea with a like, if you find it useful have a good profit day guys
Long
by Bexi03
EURNZD - MARKET SENTIMENT ⛔️ NZD FEATURE is currently down a bit. The main reason for this is that the previous day's MARKET RISK OFF. We can also mention the DOWN TREND in COMMODITIES as the main reason for this. But now COMMODITIES are UP. Today the NZD FEATURE stands at 0.6309 LEVEL. The EUR FEATURE stands at 1.0581 LEVEL. ⛔️ Currently the OVERALL MARKET is RISK ON. STOCKS is currently displaying a GREEN SIDE BIAS. Also the VOLATILITY is getting a bit DOWN. Also COMMODITIES still shows a UP SIDE BIAS. Currently there is only one RISK ON TONE in the market. Therefore, in the future, all currencies such as NZD CAD AUD can definitely be UP. Also JPY CHF can be DOWN. ⛔️ EURNZD PRICE can be REJECT from 1.6491 LEVEL. COMMODITIES PRICES If the UPA returns, VOLATILITY DOWN, OVERALL MARKET RISK ON, ON EURNZD will SELL further. But if the TREND LINE does not BREAK it will continue to EURNZD BUY. ⛔️ EURNZD PRICE can go to 1.6491 LEVEL before UP. Then it can be BUY to 1.6932 LEVEL. This is determined by the market sentiment and market sentiment in terms of the activity of the New Zealand dollar.
by benny_marshall