EUR/NZD BUY SIGNALHey tradomaniacs,
welcome to another free trading-setup.
EUR/NZD: Daytrade-Execution
Market-Buy-Order: 1.66930
Stop-Loss: 1.66590
Point of Risk-Reduction: 1.67260
Take-Profit: 1.68150
Stop-Loss: 30 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
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Peace and good trades
Irasor
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Eurnzdforecast
TRADING SETUP FOR EURNZD
EURNZD is currently approaching the daily support level. However, in the intraday timeframe, there is a very nice falling wedge which is a reversal structure.
Look for the opportunity to buy once the structure is broken and retested. Also, the formation of the double bottom on the support will add an extra trigger to BUY the market.
NB; once the price continues to fall below the yellow structure, the setup will be INVALID.
What's your opinion on EURNZD? Comment below...
💡 EUR/NZD Possible short opportunityHi traders. My analysis on this pair is suggesting a bearish move towards 1.68053. So far it has rejected off the 50% Fib on the 1h hourly bearish impulsive move. I would like to see the 15m break and close below the trend line the come up and retest the 50% Fib on the smaller timeframe to enter this short position. My first target Is 1.68347 from there I will reduce my position size.
EURNZD [H4] Price is still running in the H/L frameEURNZD Price is still running in the H/L frame,
so recommend when the price touches the support area 1.664 - 1.667 area.
Recommend entering a sell position at the support to expect the price to bounce back or Swing High again.
SL below support
Goodluck Trader
TonTrader | TamjaiTrader
🚀🚀🚀🚀🚀🚀
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:
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
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
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!
EURNZD OUT OF FALLING WEDGEWe have seen EURNZD break out of its falling wedge with clear bullish pressure.
Now, we expect some pullback before a continuations upwards.
This pair now tops the watchlist so that we'll see the move when it happens.
We'll watch how price reacts to the previously broken level before looking for buy setups
FALLING WEDGE ON EURNZD?As we see clearly, it's a falling wedge on EURNZD.
Price is slowly correcting and still moving sideways.
We expect a breakout of this wedge, or a continuous push to the downside.
Either ways, we need momentum to continue trading this pair.
As for now, we wait on the sidelines.
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
eurnzd neutraleurnzd analysis :
Reasons :
1)there has been 2 resistance levels from which the market crossed the 1st resistance level and came uptrend and there is another resistance level as of now and it and didnt succesfully pass through that as right now ,
right now it is no trading zone as it is fluctuating a lot from 3 weeks
so until it passes the no trading zone and cross the resistance level we cant expect to trade
once it does,it goes for a potential up or downtrends
Trade carefully