Eurnzdshort
Sell EURNZDOn the 1hr timeframe, a breaker block has been created to indicate that the order flow has changed on the lower timeframes. The order flow is now bearish.
The price should drop to the 50% level and more so that the Fair Value Gap that was created last week after the rally up can be filled halfway.
The high of Thursday which is also the low of Friday is my target price.
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EURNZD | BULLS DOMINATINGEURNZD | BULLS DOMINATING
EURNZD has been trading in bullish parallel channel, making higher highs and higher lows. The price action look promising as it breaks the horizontal level of resistance.
We are expecting bulls to continue their domination and push the price to much higher levels.
Trade your levels accordingly.
EURNZD | New perspectiveIt is obvious that since the beginning of March 2022, we have been experiencing what appears to be a reversal structure on the daily timeframe as there is a possibility that price might break out of the structure and set the tone for a bullish momentum in the nearest future. However, I am of the opinion that price action might first go into a correction phase before this move finally happen. In this regard, I am looking for a bearish opportunity at this juncture in the market.
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Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
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Past performance is not necessarily indicative of future results.
⭕️SELL EURNZD🧐🔰You see the analysis of the Euro against the the New Zealand Dollar in One hour ( EURNZD , H1)❗️🔎
🔰SELL EURNZD at 1.59400
✅TP ; 1.56000
❌SL ; 1.60300
🔰As is evident from the image, the price moves in a flag pattern. Considering the presence of the price in the resistance line of the flag pattern (white downtrend line) and the supply range (purple) the sale in this area seems to be low risk. The target is placed in the flag support line (the lower white downtrend line) ❗️🧐
⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️
I hope this analysis is useful for you🙏🏻🌹
📌Please introduce the "TRADER STREET" to your friends 🙏🏻
_______________________📈TRADER STREET📉________________________
EURNZD Sell a break setup.EURNZD - Intraday - We look to Sell a break of 1.5898 (stop at 1.5935)
We have a Gap open at Monday from 1.5870 to 1.5910.
A break of bespoke support at 1.5900, and the move lower is already underway.
A higher correction is expected.
Daily signals are bearish.
Our profit targets will be 1.5801 and 1.5781
Resistance: 1.5940 / 1.5970 / 1.6000
Support: 1.5900 / 1.5870 / 1.5800
EURNZD - MARKET SENTIMENT⛔️ There is no indicator news of any value for the New Zealand dollar today. Therefore, the New Zealand dollar is often driven by market sentiment. Also, there is no important news for the euro today, and some of the most important news will be released next week.
⛔️ NZD FEATURE is currently down a bit. The main reason for that is because MARKET RISK OFF. Today there is a slight market risk on the situation. The NZD FEATURE stands at 0.6875 LEVEL. The EUR FEATURE stands at 1.088 LEVEL.
⛔️ Currently the SENTIMENT of the OVERALL MARKET is being POSITIVE. Also, even though the EQUITIES are turning a bit red, we are not affected by the VOLATILITY DOWN. Also COMMODITIES still shows a UP SIDE BIAS. There is a NEUTRAL BIAS currently on the market. We can not say for sure whether the MARKET SENTIMENT is UP or DOWN. But according to the data we have received so far we can say that MARKETS RISK is turning ON.
⛔️ EURNZD PRICE can be REJECT from 1.5903 LEVEL. COMMODITIES PRICES If the UPA returns, VOLATILITY DOWN, OVERALL MARKET RISK ON, ON EURNZD will SELL further.
⛔️ You can go to 1.5903 LEVEL before the EURNZD PRICE is down. Then it can be sold to 1.5335 LEVEL. This is determined by the market sentiment and market sentiment in terms of the activity of the New Zealand dollar.
EURNZD Sell a break setup.EURNZD - Intraday - We look to Sell a break of 1.5749 (stop at 1.5783)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Prices are extending lower from the bearish flag/pennant formation.
1.5755 has been pivotal.
Our profit targets will be 1.5654 and 1.5634
Resistance: 1.5800 / 1.5870 / 1.5900
Support: 1.5750 / 1.5730 / 1.5670
EURNZD short idealet's talk a bit of my least favourite pair out there ..
the pair has been bearish since 4th February , and the price have been making small corrections and printing more lows , price should keep dump even more with the break of 1.8576 , the main target is at 1.5664 .
so in general market structure is bearish in both higher and smaller time frames so I will personally look for intraday/scalp sells for now .
this is no signal but my own view of the market , make sure to do your own home work as well and always remember to use a proper money management .
EURNZD | Approaching to Support ZoneEURNZD has been in bearish trend and making lower highs and lower lows on daily timeframe. The current price action is approaching to support zone which were tested early in this month.
The another barometer for the bullish trend is the falling trendline.
Trade your levels accordingly.
EURNZD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Imminent break out EURNZDThe squeeze in price to the downside is clear and I expect price to breakout within the next few hours.
Initial target to the nearest swing low but depending on price action this could be adjusted much lower.
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Always use sound money and risk management in all your trades.
EURNZD | Support on Fib LevelEURNZD has given a reversal from 1.56400 level and move more than 600 pips from there. The pair has been retracing to fib level 0.382. We are expecting bulls will take charge from there and push the price to 1.64000 initially.
Alternatively, the bears will be active if it manages to break the support zone and trade below it.
Trade your levels accordingly.