Get started

Eurnzdforecast

EUR/NZD SHORT IDEA Hey tradomaniacs, welcome to new free trade-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! EUR/NZD: Daytrade-Preparation Market-Sell: 1,76390 Stop-Loss: 1,76935 Target 1: 1,75870 Target 2: 1,75350 Target 3: 1,74990 Target for One-Target-Trader: 1,75350 Stop-Loss: 54,5 pips Risk: 0,5% - 1% Risk-Reward: 2,60 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
1
EURNZD falling below 1.77000 what is the next level?EURNZD 📍 European central bank hinted that they will accommodate all kind of policy measures to help the economy. And the recent gain of euro will hurt the economic developments as Fed and ECB are eagerly waiting to depreciate their currency against one another. 📍 Positive risk on sentiment will help the New Zealand dollar and the lockdown measures in Auckland was the recent hindrance for the New Zealand dollar. There is no major economic events in this week apart from daily auction prices 📍 Positive vaccine news will boost the New Zealand dollar. In smaller timeframe the price is trading below the 50% Fibonacci and the major price action level 📍 RSI is below 50 level and turned towards south. Expected weekly trading range will be from 1.78000 to 1.73000 📍 After reaching the 1.82000 level which is August high price felled towards 1.74000 which is major psychological level too 📍 Price action level is currently acting as the support for EURNZD. And the golden cross was happened in 50,100,200 EMA 📍 1.77000 is next major psychological level acting as support for the bearish trend. 📍 We can open suitable selling positions from current level. And the potential take profit will be around 1.74000. Coinciding with 78.6% LTF Fibonacci level. Stop lose may place above 1.79750 is a low volume area 📍 Major trend line was broken on 25-Aug on Lower timeframe trend line was also broken 📍 Ichimoku cloud is also acting as a support for the selling of this pair
Short
by forexorbit
3
EURNZD, daily timeframe, buy on strong support rejectionHello my friends, I just found an interesting opportunity at EURNZD pairs. This pair has been going down for 600 pips from the recent rally. In my opinion this looks like an exhaustion after a fierce 1100 pips upward movement. I tried to analyze this chart using fibonacci retracement and this pair seems to respect 61.% fibs retracement. There is also ichimoku cloud support, horizontal support and EMA-200 at this 1.7600-1.7550 area so we could say this is an area of confluences. I am going to buy EURNZD at the beginning of Monday to try this opportunity. Buy EURNZD 1.7590 Stop loss 1.7450 Take profit 1 @1.7730 Take profit 2 @1.7870 Take profit 3 @1.8010 RR ratio is 1 : 3 Use only 1-2% risk Good luck
Long
by HayatoDragonFX
2
EURNZD NEW ANALYSIS!Hi Traders, here is the full NEW Analysis / Breakdown for EURNZD. HIT THAT LIKE AND FOLLOW BUTTON! A like & a Follow or comment is a Free way to Show your support! Conditions - 1.Wait for confirmation(Wait For Price Action Confirmation / Market Environment Change ) 2.Use Risk Management (Risk 1% of your capital) 3.Do your Own analysis! 4.Follow for more Analysis like this! Your Support is Appreciated! See You in the next Educational Video / Analysis #likeandfollow
Short
by Global_Fx
2