Get started

Eurnzdshort

EURNZD Sell with 3 confluences listed List of confluences: 1: Trendline Breakout and close 2: Breakout and close Key Level around 1.6582* on Daily Chart required as confirmation. This will mean change in market structure and new low created. 3: Head and Shoulder Pattern which can be seen on both the Daily Chart and The Four Hour Chart. Summary: This trade has a potential Risk Reward (RR) of 3.62 to 1. We will only look of entries on the retest of key level 0.7184*. The trade will be executed either using manual entry or pending order, depending on the location of price after the breakout. The trade could be a RR +- 6 to 1, but we looking to trade about 60 - 65% of the move as there is a much higher chance of out T.P getting reached with a good RR. We do not want to stay in trades too long as anything can happen. If we get stopped out, will look to other currency pairs for setups and only look at EURNZD next month.
Short
by NDOBObanks
3
EURNZD Sell the resistance.EURNZD - Intraday - We look to Sell at 1.6653 (stop at 1.6684) We are trading at overbought extremes. Bearish divergence is expected to cap gains. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We look for a temporary move higher. A higher correction is expected. Trend line support is located at 1.6570. Our profit targets will be 1.6566 and 1.6546 Resistance: 1.6630 / 1.6670 / 1.6700 Support: 1.6600 / 1.6570 / 1.6530
Short
by Signal_Centre1
1
EURNZD Sell a break setup.EURNZD - Intraday - We look to Sell a break of 1.6595 (stop at 1.6624) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Trend line support is located at 1.6620. The previous swing low is located at 1.6595. A break of 1.6595 is needed to confirm follow through negative momentum. Our profit targets will be 1.6511 and 1.6491 Resistance: 1.6640 / 1.6670 / 1.6700 Support: 1.6600 / 1.6570 / 1.6530
Short
by Signal_Centre1
EURNZDHello Traders Welcome back to another profit day If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions 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. EURNZD view with Order block 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. Please support this idea with a like, if you find it useful have a good profit day guys
Short
by Bexi03
EURNZD Short PlayEntered a EUR/NZD short position @ 1.65296 Market sentiment is still shaky and will be volatile the next couple days with unknown doubts related to the upcoming COVID variant Omicron. I am still bearish on AUD/CHF regarding my previous analysis and although AUD and NZD tend to correlate well with each other, I am bullish on NZD given the recent monetary policy outlook. Increased OCR rates should equal higher yields on the long end of the curve or at least be stabilize over the next month or so. EUR did receive a boost after the market dropped due to carry trade unwinding and money flowing back into EUR to cover the funding/short positions. Most G7 currencies are strong vs the USD today except EUR which shows of weakness in the EUR. If market sentiment does remain high and bullish on economic outlook then I believe EUR/NZD should drop. Similar fractal shown based on the period from Aug 11 - Sept 13, 2021. If recent history is correct then EUR/NZD should drop to 1.600 (blue arrow direction). Finally, similar moves in the DE10-NZ10 yields differentials. Large spikes in EUR/NZD currency with not so big spikes in the DE-NZ bonds should keep the drive the currency pair lower. See chart below. My views only.
Short
by StephenCAPM