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Eurnzdlong

EURNZD Buy a break setup.EURNZD - Short Term - We look to Buy a break of 1.7796 (stop at 1.7769) The bias is to break to the upside. A break of yesterdays high would confirm bullish momentum. Further upside is expected although we prefer to set longs at our bespoke support levels at 1.7796, resulting in improved risk/reward. Short term MACD has turned positive. We look for gains to be extended today. Price action has formed a bullish ascending triangle formation. Our profit targets will be 1.7862 and 1.7875 Resistance: 1.7730 / 1.7765 / 1.7785 Support: 1.7700 / 1.7650 / 1.7630
Long
by Signal_Centre1
EurNzd- buy at 1.77 zone?Two days ago, EurNzd put a nice Pin Bar in 1.76 zone visible on the daily chart and, with yesterday's bullish daily candle this completes a morning star candle formation. On h4 chart we can clearly see that the descending trend line is broken and now the pair is consolidating with a slight tent of correction (a flag more or less) 1.77 could be a good place for longs and only a drop under support would change this bullish outlook. 1.8 could be the target for bulls which gives them a R:R of more than 1:2
Long
by Mihai_Iacob
EURNZD - BUY - 4H SupportEURNZD - BUY - 4H Support - BUY LIMIT ORDER BUY LIMIT ORDER @ 1.76023 Stop Loss @ 1.75623 Take Profit @ 1.78591 reward-to-risk ratio 6 : 1 or Buy @ Current Market Stop Loss @ 1.75623 Take Profit @ 1.78591 reward-to-risk ratio 3 : 1 ------------------------------------------------------------------------------------ 🔺 Disclaimer! The content of this analysis is subject to change at any time without notice. 🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions. 🔺 You must do your own research to create your own trading plan for the market. ------------------------------------------------------------------------------------
Long
by UnknownUnicorn5418842
EURNZD LONG PRICE ACTION FORECAST Price has got a rejection from a support level at 1.7587 handle, expecting now for the price action to create a fresh new high to confirm a bullish momentum towards the supply area. A long entry could be set only after confirmation with the following elements. The order: Type: sell-stop S/L: 60 pips - R:R | 1:4 - T/P: previous supply level -- *** If you like the idea, don't be shy; click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER
EURNZD- BUY- OCTOBER 12, 2020 EURNZD is looking good for a buy. Currently finding support in the 61.8 fib area Our first target will be 1.8500 PLEASE LIKE THIS IDEA *** 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. 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.
Long
by Jhenz
EURNZD LONGBased on NAKED EYE ANALYSIS. Looking for a BUY AREA on the BUY AREA ZONE. WHY? 1. ) TREND TOUCHED 2. ) MARKET STRUCTURE - Making its bullish trend, EURNZD just finished doing its HIGHER LOW. WHAT'S NEXT? Exactly HIGHER HIGH. 3. ) SUPPORT ZONE 4. ) CANDLESTICK PATTERN - Ended in a DOJI on 4hr TF, I'm expecting it would create a MORNING DOJI STAR ** FOR A SAFER ENTRY, YOU CAN WAIT FOR A REVERSAL CANDLE PATTERN TO FORM BEFORE ENTERING THE TRADE OR WOULD LOOK FOR A MARKET STRUCTURE TO FORM ON 15 MINS TO 5 MINS TF
Long
by Maarnelll
2
EURNZD | Last Impulse to the Upside|HI, THIS IS MY POINT OF VIEW ON EURNZD, THE PRICE IS CURRENTLY ON A BULLISH CYCLE ON INTRADAY TIMEFRAMES & ON THE DAILY TIMEFRAME. HOWEVER, I DON'T SEE EURNZD MAKING A NEW HIGH IN A NEAR FUTURE (TOO MUCH BEARISHNESS AT THE TOP). THIS WILL MOSTLY BE AN INTRADAY SETUP THAT WILL TRY TO CATCH THE FIFTH AND LAST WAVE OF THIS CYCLE. THE PRICE ALREADY MADE THE FIRST 3 AND IS CURRENTLY DOING THE FOURTH (CORRECTIVE WAVE). ENTRY ZONE: I AM REALLY HIGH ON THE TRIPLE CONFLUENCE THAT CAN BE FOUND INSIDE THE H1 DEMAND ZONE. 1. H1 DEMAND ZONE 2. 0.618 FIBONACCI CONFLUENCE 3. 1.77500 PSYCHOLOGICAL LEVEL I DON'T USUALLY TAKE A TRENDLINE AS CONFLUENCE, BUT IF YOU TRADE WITH IT HERE IS THE FOURTH CONFLUENCE TAKE-PROFIT: THE DAILY SUPPLY ZONE WOULD BE A NICE ZONE TO TAKE PROFIT IF LIKE ME YOU DON'T EXPECT THE CREATION OF A NEW DAILY HIGH
Long
by Corbeau_FX
EURNZD Top-Down AnalysisHello Traders, Here is the Top-Down Analysis of EURNZD (Monthly, Weekly, Daily for direction and 4H for entry) for Week 41 - 05 Oct M > Market is moving in a rising channel. Price tested monthly support, faced rejection and started upward move. W > In its upward move price is unable to break resistance level. D > We can see an M formation and price should rise up to test the neck. While rising up price is facing rejection at supply zone and unable to break it through. Price is now testing support level and we expect a bounce up. As per COT EUR saw closure of more Long than Short, reducing net positions; EUR was very weak for the said week. EXY was positive last week though it reached resistance level and dropped. NZD saw addition of few Long and more Short reducing net positions, confirming weakness of NZD for the said week. ZXY improved its position last week. 4H > Price is now testing support/ demand zone. We should wait for price action at this zone for entry, a Long in case of rejection and Short if it breaks the level. We however have a bullish bias till neck of M formation. Pair Correlation > EURNZD has positive correlation with GBPNZD and EURAUD and negative correlation with NZDCHF and NZDCAD. This was my Idea and I hope you find it useful. If you find the analysis of help please leave a LIKE and FOLLOW for receiving all updates during the week. In the comment section you can share your view and ask questions. Thank You AP17FX
Long
by AP17FX
1