Eurnzdsignal
EUR/NZD: Daytrade-preparation!!! LONG 26/OCTEUR/NZD: Daytrade-preparation!!! LONG
#Swing
Eurnzd
Market-BUY : 1.77200
Stop-loss : Close Break 1.76800
Target1 : 1.78350
Target2 : -
📌 If you find this helpful and want more FREE forecasts in TradingView
🙏Please show your support back,
Hit the LIKE button 👍
Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
EurNzd outlookAfter reaching almost 1.8 important resistance zone, EurNzd dropped and found support in 1.76 old support zone.
Now the pair is correcting this move and I expect a new leg down after this correction.
Sell rallies is my strategy for this pair and a good place to search for selling opportunities is above 1.77
EURNZD SELL ANALYSIS I am expecting a sell from the current region to the marked target because an ABC correction is obvious on the chart which should be immediately followed by an impulse to the downside,
Goodluck
EUR/NZD Trading Plan- We're gonna wait for a pullback & BUY confirmation near 1.7740
- Our target will be near 1.8100
- If this reaches our target which means it will form a harmonic pattern.
- We'll look for sell confirmation from 1.8180 to 1.8120
- Our next target will be near 1.7820
EURNZD falling below 1.77000 what is the next level?EURNZD
📍 European central bank hinted that they will accommodate all kind of policy measures to help the economy. And the recent gain of euro will hurt the economic developments as Fed and ECB are eagerly waiting to depreciate their currency against one another.
📍 Positive risk on sentiment will help the New Zealand dollar and the lockdown measures in Auckland was the recent hindrance for the New Zealand dollar. There is no major economic events in this week apart from daily auction prices
📍 Positive vaccine news will boost the New Zealand dollar. In smaller timeframe the price is trading below the 50% Fibonacci and the major price action level
📍 RSI is below 50 level and turned towards south. Expected weekly trading range will be from 1.78000 to 1.73000
📍 After reaching the 1.82000 level which is August high price felled towards 1.74000 which is major psychological level too
📍 Price action level is currently acting as the support for EURNZD. And the golden cross was happened in 50,100,200 EMA
📍 1.77000 is next major psychological level acting as support for the bearish trend.
📍 We can open suitable selling positions from current level. And the potential take profit will be around 1.74000. Coinciding with 78.6% LTF Fibonacci level. Stop lose may place above 1.79750 is a low volume area
📍 Major trend line was broken on 25-Aug on Lower timeframe trend line was also broken
📍 Ichimoku cloud is also acting as a support for the selling of this pair
EURNZD signal (LONG)Hello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: buy on correction 0.5 - 0.62% fib
targets: 1.776 - 1.7815 - 1.7845
after first target reached move ur stop to breakeven
stop: 1.751 and lower (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 4
Good luck
Follow me on TRADING View, if you don't want to miss my next analysis or signals.
It's not financial advice.
If i help you TO EARN SOME MONEY i will RLY VERYVERY appreciate for your donate. (I lost almost 100k$ about 1 year ago,it was all)
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions(PM to me).
EURNZD Buy ideaEURNZD nearly formed an inverted head and shoulders if break above neckline very good RR
EURNZD selling opportunityAfter reaching the 52 week high of 1.8224 AUDNZD is in clear downtrend and it's it is also make some head and shoulder pattern which is clear sign of bearish is territory
At around 1.77340 we had a bearish flag it's further accelerate the downfall of EURNZD
And major resistance was broken and the resistance turned as support for the downfall
the primary target would be 1.74180 and the next target would be 1.72700
EURNZD is ready to pullback The impulse move has completed, confirmed with RSI divergence oF wave 3 and 5 endings, I recommend buying the correction,
Target is 38.2 Fibonacci level of the five-wave swing down
EURNZD - sell biased for this pairHi all traders.
Am looking for this potential trade on eurnzd
Cheers!
EurNzd- Do we have a top in place?After the double bottom at around 1.72, EurNzd has risen 1000 pips almost vertically.
A top could be in place now marked by a double Pin bar formation and some kind of tweezer top at the end of last week.
Now the pair is hovering just above 1.8 important support and a daily close under this support could lead to a deep dive to 1.76 zone.
Sell rallies is my strategy for this pair
Forecast on the weekly.Buy to resistance and short from there...Eurnzd on it way to restest the march high/resistance..Buy now to resistance and sell or short from there..Use proper risk management and lot size since this is the weekly timeframe.. Pls donate whatever you can and good luck
EURNZD ShortPrice broke a long holding support level and is showing signs of indecision and isn't just pushing up from the level like before. Going to target the next support level with a 1-3RR.
Just Went Short On EURNZDPrice is failing to continue bullish with multiple wick rejections and just formed an inverted hammer on the 1 hr so I am looking for it to drop to the previous support. 1-3RR and will move SL to break even once its 20 pips in profit .
EURNZD / BUY IDEAAnother breakout from resistance, I believe this is heading to the above resistance level but will retest the trend line
