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Eurnzdshort

EURNZD SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair. Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity EURNZD . I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗
Short
by BULLSS1993
6
EURNZD facing bearish pressure, potential for further downside!Price is facing bearish pressure as it holds under the descending trendline resistance and MACD holds under the 0 line, in line with our bearish bias. We could potentially see a reversal at 1st resistance, in line with our 61.8% Fibonacci retracement, 78.6% Fibonacci extension and descending trendline resistance, and further downside towards 1st support, in line with our 78.6% Fibonacci extension and horizontal swing low support. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by TradeGATEHub
2
EURNZD Sell the resistance.EURNZD - Intraday - We look to Sell at 1.6815 (stop at 1.6841) Daily signals are mildly bearish. 20 4hour EMA is at 1.6810. Preferred trade is to sell into rallies. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Our outlook is bearish. A break of yesterdays low would confirm bearish momentum. Our profit targets will be 1.6742 and 1.6702 Resistance: 1.6800 / 1.6850 / 1.6900 Support: 1.6760 / 1.6730 / 1.6700
Short
by Signal_Centre1
4
EURNZD facing bearish pressure, potential for further drop!Price is facing bearish pressure as it continues to hold below the descending trendline and moving average resistances. We could potentially see a reversal at 1st resistance, in line with our 50% Fibonacci retracement, 78.6% Fibonacci extension and horizontal pullback resistance, and a further drop towards our 1st support, in line with our -27.2% Fibonacci retracement and horizontal swing low support. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by TradeGATEHub
EURNZD approaching 1st resistance, potential for a reversal!Price is approaching our 1st resistance, which is in line with our 61.8% Fibonacci retracement, 78.6% Fibonacci extension and horizontal swing high resistance. We could potentially see a reversal at this level, and a further drop towards the 1st support, which is in line with our 78.6% Fibonacci extension and horizontal swing low support. It is worth noting that price continues to hold below the descending trendline resistance and Ichimoku cloud, showing bearish pressure in line with our analysis. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by TradeGATEHub