Eurnzdlong
EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD
Currently, according to the CURRENTLY STRENGTH, the EUR is slightly UP. The reason is that ECB RATE HIKE SENTIMENT is PRICE. The ECB is getting HAWKISH. Also, the NZD is going up a bit more than the EUR right now. Due to OVERALL MARKET RISK OFF, NZD is going down because COMMODITIES are going down.. Due to this, EURNZD is going up.
EURNZD can go up to the resistance area before going down again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can go up to 1.7177 LEVEL. After that, EURNZD can be SELL by BREAKING STRUCTURES and can SELL at 1.6100 LEVEL. So stay tuned for MARKET UPDATES.
EURNZD to find support at previous resistance?EURNZD - Intraday - We look to Buy at 1.6951 (stop at 1.6911)
A move higher has resulted in prices breaking from the previous range and confirmed our bullish expectation.
Previous resistance at 1.6970 now becomes support.
We look for a temporary move lower.
We look to buy dips.
The primary trend remains bullish.
Our profit targets will be 1.7071 and 1.7091
Resistance: 1.7038 / 1.7070 / 1.7100
Support: 1.7000 / 1.6970 / 1.6930
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EURNZD | A Counter Trend SetupIn our previous setup on this pair we failed to secure a move due to our being stopped out; our entry was a bit too early, and as a result we were stopped out.
In this setup, although bearish overall, we are trying to catch some of the recoveries price is likely to make due to the dump. Bear in mind that the setup is a bit too risky since overall price action is heavily bearish.
Trade well and all the best.
EURNZD HEAD AND SHOULDER IN PLAYMacro view perspective of this pair has bullish sentiment to it, the namable pattern in play mean while as we dive below monthly chart we found a key support zone 1.64000 of which is a base support zone which initiate a reversal of the prevailing bearish sentiment within daily channel to the down site.
currently we do have the 4h chart bullish flag of which is about to break out to the upside, with enough gathered momentum we anticipate a trade setup signal from this pattern with expectation of reaching a target goal of about 3%.
EURNZD - Bearish price action ✅Hello traders!
‼️ This is my analysis on USDJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect bearish price action from here as price rejected from institutional big figure 1.68000.
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EURNZD expect a Bullish Run: Swing PositionPivot: 1.6370
Stop Loss: 1.6370
Our Preference
Long position above 1.6370 with targets at 1.7050 & 1.7500 in extension
Alternate Scenario
Below 1.6370 look for further upside with 1.6270 & 1.5900 in extension as target
Comment
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EUR/NZD Giving Good Bullish P.A , Long Setup After ConfirmationThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EurNzd to rise back at 1.75?Since the low at the beginning of April, EurNzd has changed the bearish trend and at the end of October reached a high at 1.75.
From that top, the pair began to correct and now is trading at 1.67 zone.
I expect this rise to resume soon and swing traders can adopt 2 strategies for a new test of 1.75.
1. Buy in the 1.6400-1.6450 zone
2. Look for a daily close above the falling trend line of the falling wedge pattern
In both cases, a drop under 1.6 would negate the bullish scenario
EURNZD 4HSo this week we saw a drop in EURNZD pair and not it gets interesting from here as come to the support level and we can see the price getting rejected from the support zone on smaller timeframes also this is a weekly support zone. So now we can buy EURNZD and target for 1.69304, this setup is on 1H and 4H timeframe so it means intraday traders can enter for the next move, keeping the Stop loss below the structure i.e 67035.
EURNZD BUY OPPORTUNITY Market Structure is KING!
Hey, if you like this idea be sure to support with a like and a follow.
Here is my analysis for EURNZD for the upcoming week, wait for price to pullback to retest resistance and take a short down to the next DEMAND area.
What are your thoughts? Leave it in the comments below!
Blue Signal FX Rules-Based Trading
1. CHECK THE NEWS!
2. WHAT IS THE OVERALL TREND? Market structure will give you direction.
3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
6. CHECK FOR DIVERGENCE.
EUR/NZD Running In 150 Pips 0Drawdown, New Entry After D ClosureThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Thu 10th November 2022 EUR/NZD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/NZD Buy. Enjoy the day all. Cheers. Jim
EUR/NZD Running In 70 Pips 0 Drawdown , Important Update Now This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURNZD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EUR/NZD Made Inverted H&S , Long Setup After 4H Closure This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURNZD - Short from resistance ✅Hello traders!
‼️ This is my analysis on EURNZD .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance and then to reject from resistance + institutional big figure 1.71000.
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