Eurnzdshort
Outlook on EURNZD: Bullish play seenOn the weekly time frame, prices tapped into the demand zone where we could see a pullback in prices. On the H4 time frame, we are seeing bullish order flow with prices failing to form lower lows. Currently, prices are testing a key resistance at 1.63152 and a break above this level could see prices push higher to the next resistance target at 1.65311, in line with the 50% fibonacci retracement. EMA and Ichimoku cloud are showing signs of bullish pressure as well supporting our bullish bias.
EURNZD Sell the break setup.EURNZD - Intraday - We look to Sell a break of 1.6319 (stop at 1.6351)
We are trading at oversold extremes.
A break of yesterdays low would confirm bearish momentum.
Daily pivot is at 1.6320.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 1.6231 and 1.6211
Resistance: 1.6370 / 1.6400 / 1.6440
Support: 1.6330 / 1.6300 / 1.6270
EUR/NZD SELL 4H 📉Hello and welcome traders to another trade idea with Fobian
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👉 WE are waiting for conformation:
- We have big push on downside.
- EMA's give us SELL signal.
- Break from uptrend channel.
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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.
EUR/NZD SELL IDEAHey tradomaniacs,
EUR/NZD:Daytrade-Preparation
Market-Sell: 1.67015
Stop-Loss: 1.67165
Point of Risk-Reduction: 1.66830
Take-Profit: 1.66340
Stop-Loss: 15 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
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Peace and good trades
Irasor
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EUR/NZD UPDATE - Fall to be expectedHey tradomaniacs,
recent EUR/NZD turned out to be an S/H/S-Pattern which increases the likelyness of a drop here since indicies are probably showing a pullback today.
If thats the case EUR/NZD tends to fall due to risk-on in the market causing NZD and AUD to raise stronger than EURO.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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