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Eurnzdshort

Short Vision on EUR NZD 19/07/2021Hello Dear Traders, You find below my analysis for EUR/NZD the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/NZD will fall to 1.68 as I am showing in my chart. Our Daily Goal is 1.675. Currently, EUR/NZD is moving towards the resistance level 1.6895,where there is some liquidity from this value we are looking for short-term selling opportunities of EUR/NZD. Good Luck and enjoy your Bearish Market for today. Entry:@1.6885 TP1: @1.6865 TP2: @1.6835 TP3: @1.6805 SL: @1.692 As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment. Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
Short
by HugoAJROUCHE
EURNZD LONG TERM FORCASTCurrently this pair is on a short tern buy an easy 500+ pips on the table as of next week we are looking @ 168630 to scale in, once we hit that we are looking at a short which will produce about 1400+ pips. Then we are looking forward to the long term buy which can take a few years to playout but time is irrelevant to us direction is what matters. We are not big on fundamentals but we believe that the whole structure of the market follows a road map and our job is to find the blueprints of that map.
by TROJAN-FX-ARMY
2
EURNZD - BEARISH BIAS EURO - Bearish 1️⃣ The ECB President Christine Lagarde said that the economic recovery remained fragile despite upbeat economic readings. 2️⃣ The European Central Bank is likely to remain cautious about changing monetary policy until more solid economic data shows improving conditions. 3️⃣ German factory orders were weaker than expected results in the Euro currency to keep suppressed. NZD - Bullish 1️⃣ Investors turned to a higher-yielding currency such as NZD following positive US jobs data. 2️⃣ ASB Bank expected the RBNZ to raise the OCR in November this year. ===== TECHNICAL ===== We're shorting this pair on SBR level + pivot point area + SMA50 area on H1 chart. TRADE AT YOUR OWN RISK!!!!!
Short
by MonsunAsia
EURNZD, 4hr tf, sell the wedge pattern breakoutTrade ideas for EURNZD by Hardi As you can see, a potential rising wedge pattern could be in play. The target should be around 1.6810-20 area. Right now price retracing at the 61.8 fibonacci level after breaking below the support. This could be a short opportunity for this pair as it is now at an interesting level. Using elliott wave principle, we might assume this as ending diagonal as well. Both pattern point towards the same target area. Sell EURNZD 1.7015 Stop loss 1.7045 Take profit 1.6820 (6.2R) Use only 1-2% risk Good luck
Short
by HayatoDragonFX
EUR/NZD with a nice sell-OPPORTUNITY!Hey tradomaniacs, EUR/NZD seems to setup a short-trade here as the previous breakout has resulted in a strong momentum with a very decent pullback now and all this without any corrections. At this key-resistance, we have seen many fake-moves, rejections and recently a strong momentum to the downside (distribution). So far the market shows clearly a sign of weakness here, especially since higher volume was not able to push price through it. Either wait for another fakeout or for momentum to the downside to get a decent confirmation! Nice risk-reward is worth to trade this! LEAVE A LIKE AND A COMMENT - I APPRECIATE EVERY SUPPORT! Wanna see more? Don`t forget to follow me!
Short
by Trading2ez
1
Bearish continuation EURNZD 28 June, 2021 The pair has been in a bearish trend for over a year but in Mar 2021 it started consolidating in an equidistant channel. The area just below 1.7100 has been an effective resistance several times recently and since 21 June recently as well. I am looking for another (substantial) retracement to this zone and a bearish continuation in line with the major trend. A deep retracement provides me with better R/R but I would also evaluate a shallow retracement for profitability before I commit to a trade. My targets are near 1.6630 and possibly 1.6340. A strong bullish close above 1.7100 would negate my analysis. If you like my analysis, please give it a “thumbs up” and follow me to get immediate notifications. Always use sound money and risk management in all your trades.
Short
by Trading_Vista
2
EURNZD Bulls Are Overstaying Their WelcomeEURNZD has been in a corrective since February and seems to be topping out now. The correction unfolded as a double zigzag pattern and the third zigzag is visible on this H4 chart above. Wave c of (z) of 4 also unfolded as an ending diagonal which is a reversal pattern. If this count is correct, any further rally must stay below the invalidation level on the chart and the price should head lower in a five-wave sequence. Higher degree chart: s3.tradingview.com What's your view on EURNZD? Let me know in the comment.
Short
by Veejahbee