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.
Eurnzdforecast
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
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💡 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!
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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.
EURO / NEW ZEALAND DOLLAR (EURNZD) DailyThe Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick .
Dates in the future with the greatest probability for a price high or price low.
EURO / NEW ZEALAND DOLLAR (EURNZD) WeeklyThe Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick .
Dates in the future with the greatest probability for a price high or price low.
EURO / NEW ZEALAND DOLLAR (EURNZD) MonthlyThe Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick.
Dates in the future with the greatest probability for a price high or price low.
EUR/NZD LONG TRADEHI guys
+The price is within a beautiful downward triangle, which if the trend line breaks, can have a good climb which can be risk averse.
+If you have any questions, be sure to comment.
ENTER: After breaking the trend line
TARGET: 1.86647
STOP LOSS: 1.83224
RISK/REWARD: 2
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See you later
GOOD LUCKY