Get started

Eurnzdanalysis

EUR/NZD:FUNDAMENTAL ANALYSIS+PRICE ACTION & NEXT TARGET|SHORT🔔The New Zealand Trade Balance for July was reported at -NZ$402M monthly and at -NZ$1,100M 12-month year-to-date. Forex traders can compare this to the New Zealand Trade Balance for June, reported at NZ$245M monthly and -NZ$280M 12-month year-to-date. Exports for July were reported at NZ$5.75B and Imports at NZ$6.18B. Forex traders can compare this to Exports for June, reported at NZ$5.96B, and Imports, reported at NZ$5.71B. The German IFO Business Climate Index for August is predicted at 100.4. Forex traders can compare this to the German IFO Business Climate Index for July, reported at 100.8. The German IFO Current Assessment Index for August is predicted at 100.8. Forex traders can compare this to the German IFO Current Assessment Index for July, reported at 100.4. The German IFO Expectations Index for August is predicted at 100.0. Forex traders can compare this to the German IFO Expectations Index for July, reported at 101.2. The forecast for the EUR/NZD remains bearish after this currency pair corrected into its descending Ichimoku Kinko Hyo Cloud. Price action may temporarily pause, and volatility can increase, but the longer-term downtrend remains intact. Will bears pressure the EUR/NZD into an extended sell-off into its horizontal support area? Previous Idea in Take profit:
Short
by FOREXN1
2
EURNZD A BASIC PRICE ACTION IDEAAs you may see the pair moves was restricted inside a rang for a while. The pair constantly shaping lower highs and higher lows which can be an indicator for a nested Elliott move. Recently the pair has just broken the range bottom with a five-wave move and then sharply corrected it to near the last high. but bears again came into play and we saw a strong rejection which may indicate the end of correction. So based on the nature of the move we can expect another downward wave which will trigger the last bottom and of course will break it. But before this, we may see some build-up. you may enter the position with a reward/risk ratio of about 3. put your SL slightly upper the big bearish candle and your TP at the previous bottom. Don't forget like and follow if you find this idea useful.
Short
by mgh85
EURNZD, 4HR TF, sell the end of wave-4 Today we saw a fierce selloff in NZDUSD because of covid case in Aucland. In my opinion this sell off could be an opportunity to enter short as RBNZ might start tapering soon. This trade ideas offer 8.6R trade opportunity. Price now struggling at 61.8 fibonacci retracement of wave-3 which means we might see wave-4 end soon and we got another push to the downside for wave-5. Sell EURNZD 1.6905 Stop loss 1.6945 Take profit 1.6560 (8.6R) Use only 1-2% risk Good luck
Short
by HayatoDragonFX
Long Vision on EUR NZD for 11/08/2021Hello Dear Traders, You find below my analysis for EUR/NZD, the currency pair is in the buy zone. I expect the price to rise. According to my set of rules, in the M30 frame EUR/NZD will rise to 1.68 as I am showing in my chart. Our Daily Goal is 1.682. Currently,EUR/NZD is moving towards the support level of 1.671 where there is some liquidity, from this value we are looking for short-term buying opportunities of EUR/NZD. Good Luck and enjoy your Bullish Market for today. Entry:@1.6708 TP1: @1.673 TP2: @1.676 TP3: @1.682 SL: @1.668 As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment. Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
Long
by HugoAJROUCHE
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 on my view is buy with market imbalance 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 week guys
Long
by Bexi03
3
Short Vision on EUR NZD for 06/08/2021Hello Dear Traders, You find below my analysis for EUR/NZD, the currency pair is in the buy zone. I expect the price to rise. According to my set of rules, in the M30 frame EUR/NZD will rise to 1.682 as I am showing in my chart. Our Daily Goal is 1.684. Currently, EUR/NZD is moving towards the support level of 1.674 where there is some liquidity, from this value we are looking for short-term buying opportunities of EUR/NZD. Good Luck and enjoy your Bullish Market for today. Entry:@1.6738 TP1: @1.676 TP2: @1.678 TP3: @1.682 SL: @1.67 As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment. Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
Long
by HugoAJROUCHE
Short Vision on EUR NZD for 05/08/2021Hello Dear Traders, You find below my analysis for EUR/NZD, the currency pair is in the buy zone. I expect the price to rise. According to my set of rules, in the M30 frame EUR/NZD will rise to 1.682 as I am showing in my chart. Our Daily Goal is 1.684. Currently,EUR/NZD is moving towards the support level of 1.674 where there is some liquidity, from this value we are looking for short-term buying opportunities of EUR/NZD. Good Luck and enjoy your Bullish Market for today. Entry:@1.674 TP1: @1.676 TP2: @1.678 TP3: @1.68 SL: @1.67 As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment. Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
Long
by HugoAJROUCHE
Long Vision on EUR NZD for 04/08/2021Hello Dear Traders, You find below my analysis for EUR/NZD, the currency pair is in the buy zone. I expect the price to rise. According to my set of rules, in the M30 frame EUR/NZD will rise to 1.682 as I am showing in my chart. Our Daily Goal is 1.684. Currently, EUR/NZD is moving towards the support level of 1.674 where there is some liquidity, from this value we are looking for short-term buying opportunities of EUR/NZD. Good Luck and enjoy your Bullish Market for today. Entry:@1.674 TP1: @1.676 TP2: @1.678 TP3: @1.68 SL: @1.67 As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment. Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
Long
by HugoAJROUCHE
EURNZD LONG Readyyy!!!Lovely order on Eurnzd R:R 1:7 ❗️ First lets wait for price to close above our support then set this order ❗️ All supports and resistances are determined on the chart ⚠️Take Max 1% of your capital on this trade⚠️ ‼️Attention‼️ As soon as we get 50%✅ in profit, SL❌ to entry point & Save profit Clear setup @FxShzd trading style doesn't care about win rate only thing cares is Risk to Reward Lets make trading simple W/ @FxShzd 👇🏻👇🏻👇🏻 Any question comment bellow 👇🏻👇🏻👇🏻 Good-luck everyone
Long
by FxShzd
EURNZD - BULLISH SETUPHello traders, I would like to share my EURNZD Bullish setup with you. We are on the clear demand zone and also in the bullish flag pattern. I expect on EURNZD is after push down to around 1.67200-1.67000 and get rejection from this point to push upside. My RRR is 5.92 and target is 1.68850 for this trade. Please support this idea with like If you find it useful. The information given is not a financial advice. I'm just sharing my ideas regarding on my experiences and knowledges. Remember this analysis is not %100 accurate. To make decision please follow your own thoughts.
by edkakumru
5