Eurnzdsell
EURNZD DThe pair has reached an area of resistance and looms ready to continue its downtrend. We see the formation of a Doji/Hammer candlestick yesterday. The next area of support is the 1.673 area.
If we look at the 2H timeframe (or 4H but it looks more clear in 2H) we see how the pair has broken the trendline of a very weak recovery right at the resistance area.
EURNZD approaching support, potential for a bounce!
EURNZD is expected to drop to 1st support at 1.66912 where it could potentially react off and up to 1st resistance at 1.68917.
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EURNZD heavy down fall coming soonBeen Looking at the pair for a while. It got to a price point where traders could think of shorting this pair but i think the dynamic traders bidded the market past that level in order to hunt stops. Now i think its time for them to do what they actually want to do .
EURNZD - FOREX - 26. JUNE. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
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1 HOUR
Bearish dropping market without any pullbacks.
4 HOUR
Bearish waving market with several H4 Pullback waves.
DAILY
Bullish waving market with a 70% Pullback of previous x-a wave.!
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FOREX SETUP
BUY EURNZD
ENTRY @ 1.70870
SL @ 1.70150 (70 Pips)
TP @ 1.72070 (120 Pips)
RR: 1.70
Use normal Risk (1% per Position)
(Remember to add a few pips to all levels - different Brokers!)
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ALAN
Analysis of EURNZD 11.06.2019The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.7200
• Take Profit Level: 1.7290 (90 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.7150
• Take Profit Level: 1.7100 (50 pips)
USDJPY
A possible long position at the breakout of the level 108.70
GOLD
A possible short position in the breakdown of the level 1321.00
USDCHF
A possible long position at the breakout of the level 0.9920
GBPUSD
A possible short position in the breakdown of the level 1.2650