Eurnzdforecast
EURNZD OPPORTUNITY CALLING!!!Good Morning Traders, EURNZD, infact EUR currency Strengthened today, however for this Particular Pair, it is Bullish 100% and is at a RESISTANCE LINE. However, i'm waiting for the candle to close above the highs of previous candle and resistance before taking it to the next RESISTANCE ZONE.
If this analysis makes sense or matches yours, please hit that thumbs up icon :)
THE RISE OF EURNZDGood Afternoon Traders,
I hope this week was favourable to you all and you made money this week? If you didn't do not worry because next week will be favourable to you especially with this current pair (EURNZD) i'm looking forward to trading.
In this Market, we can see its forming a market pattern known as "RECTANGLE" in which buyers and sellers are both stuck in consolidation, and this formed in the 4 Hour Time Frame, however it bounced off the SUPPORT ZONE, and heading towards the RESISTANCE ZONE.
HOW TO TRADE
Instead of Buying now, i suggest you go to the 30 minutes time frame to find setups or opportunity to buy to the resistance for about 100+ pips, and based on this analysis, my buying opportunity will be above the MIDDLE ZONE and this might take days before TAKE PROFIT is reached.
If this makes sense or matches your analysis, please give it a LIKE :)
EURNZD Market Outlook | Daily Forex Market BreakdownHello traders, please LIKE & FOLLOW, thank you!
EURNZD is looking very interesting. Not much movement, currently going sideways for the time being. We need to break out of the current range of consolidation. That being said it looks like it is gearing up for some good long opportunities! Patience will be absolutely key with this one.
EURNZD Market Outlook | Daily Forex Market BreakdownEURNZD PLZ LIKE & comment!
GA is looking amazing. We should be pushing up soon to make a higher high in the market structure. That being said I feel we should see a retracement back to the downside before we push up and make that high. If we fail to make a higher high then we could be seeing some big movement to the downside. Keeping a very close eye on this pair!
EURNZD Market Outlook | Daily Forex Market BreakdownEURNZD
It seemed like we tried to push up but the bulls were instantly taken out. I’m not convinced the bulls are in control yet. We could come down and make a lower low or a double bottom. Keeping a very sharp eye on EURNZD. I would like to see EN push lower giving us a clean entry for a long.
EurNzd- Next target 1.85?Two days ago, EurNzd broke the trend line resistance of a falling wedge.
The pair just corrected the first leg up in the 1.8 zone and a new wave up could follow.
The pair is bullish as long as the price is above 1.8 and we can assist a rise to 1.83 followed by 1.85 furthermore
EURNZD - Descending Wedge Bullish Breakout Confirmed📢EURNZD 2H - Technical Breakdown
📈Price action has recently broken out to the upside from the visible descending wedge pattern with building momentum. The 50 MA at 1.80120 has been surpassed indicating strength building to the upside which could result in a new up-trend playing out over the remainder of this week.
EURNZD Technicaly and Fundamentaly analysis
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support
📌Why DepaDigitalTrading:
*Fundamental side in analysis
*Price action - FIBO - Candl pattern
*FX - STOCK - CRYPTO
*Day trader - Swing trader - Position trader - "Sniper"
*Simple ideas
💡 EURNZD technicaly indicators showing we can expect higher bearish market continuation, AUD is have rate cut ago 2 days they are stay on same rate 0.25, this same can have positive impact on NZD becasue they are merged economies, expecting to see push in price till FIBO 0.6 or possible till first supp white line.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
Thanks on supporting!
All best, good luck!
EURNZD Buy Limit AnalysisHey Traders,
I was doing my setups for this coming week, and I figured I would share this with you all.
I will be placing a buy limit when markets open if this still looks positive. This analysis is based on Price Action, TDI indicator, and Volume.
Information:
Order type-Buy Limit
Entry-1.83764
Take Profit-1.99331
Stop Loss-1.82729
R/R-1:15
On the 4h chart, we see a bullish pennant forming. This is one of my favorite patterns to trade as it allows me to get my stop loss as tight as possible. We also see a support level outlined in the neon purple that price has been respecting. Combined with the bullish pennant, it signals to me a move to the upward is next.
Looking at my TDI indicator, I see a clear buy signal as the slow-moving ma is just now crossing over. What makes it a very strong signal is the fact that the crossover occurred below the 50 level, which indicates that a powerful move upward is coming. When a crossover occurs higher, it usually indicates a signal of less strength, according to my backtesting.
Looking at my Volume Accumulation Percentage Indicator by Lazybear, I see that the bearish selling power is subsiding and that the bulls are gaining strength. I use this indicator primarily as a confirmation indicator to my TDI, which leads to fewer fakeouts.
Use this as a trade idea only and trade off your analysis.
Let me know what you think in the comments and leave alike.
If you have any questions, ask below, and I will get back to you!
C.D.