Eurnzdsignal
20 REASONS FOR Sell EURNZD🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: The market structure is extremely bearish, with all yearly imbalance areas filled. There is a strong downward momentum, and a long wick candle on the yearly timeframe suggests further downside potential. Overall, the bearish sentiment prevails.
2:📆Monthly: The monthly timeframe shows a significant entry opportunity that has the potential to recover previous losses. After tapping the monthly order block, an impulsive bearish move started, and the target for this long-term trade is set at 1.5788. Selling and holding the position is advised due to a big momentum candle engulfing previous price movements.
3:📅Weekly: While the weekly structure is not yet fully bearish, we know that prices have filled out important monthly areas. Therefore, we are currently seeking sell entries from this point.
4:🕛Daily: The daily breakout of consolidation (BOC) has occurred, confirming the monthly rejections. We are now waiting for a bullish correction to occur at a resistance level where we can enter a sell position.
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Bearish internally, external confirmation pending (waiting for monthly confirmation)
6: 2 Pattern Candle Chart: Inside bar pattern suggests a potential reversal towards the order block
7: 3 Volume: Bearish volume is observed
8: 4 Momentum UNCONVENTIONAL Rsi: RSI is in a super bearish zone, below 40
9: 5 Volatility measure Bollinger bands: Currently showing low volatility
10: 6 Strength ADX: Bears are in control, indicating strength
11: 7 Sentiment ROC: EUR is weaker compared to other currencies
✔️ Entry Time Frame: Daily
12: Entry TF Structure: Bearish
13: Entry Move: Impulsive
14: Support Resistance Base: Monthly order block tap
15: FIB: Fibonnaci retracement levels applied
☑️ final comments: Sell
16: 💡decision: Short
17: 🚀Entry: 1.7222
18: ✋Stop Loss: 1.7601
19: 🎯Take Profit: 1.5788
20: 😊Risk to Reward Ratio: 1:7
🕛 Expected Duration: 2 months
DeGRAM | EURNZD trend continuation opportunityEURNZD broke and closed below the psychological level at 1.75000, which became a resistance.
Price is trading in the descending channel.
There's a nice confluence zone to short at the resistance level .
We expect a retest of the support level .
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DeGRAM | EURNZD bullish opportunityEURNZD reached the kill zone: support and fibo levels, which is psychological level 1.78000 + bullish harmonic pattern.
Price pulled back to the support zone with deceleration and is now in an oversold condition.
We expect a retest of the resistance level.
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EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD
Currently, according to the CURRENTLY STRENGTH, the EUR is slightly UP. The reason is that ECB RATE HIKE SENTIMENT is PRICE. The ECB is getting HAWKISH. Also, the NZD is going up a bit more than the EUR right now. Due to the OVERALL MARKET RISK ON, COMMODITIES are going up a bit, so NZD is going UP.. Due to this, EURNZD is going down a bit.
EURNZD can go up to the resistance area before going down again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can go up to 1.7719 LEVEL. After that, EURNZD can be SELL by BREAKING STRUCTURES and can SELL at 1.6787 LEVEL. So stay tuned for MARKET UPDATES
EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD
Currently, according to the CURRENTLY STRENGTH, the EUR is slightly UP. The reason is that ECB RATE HIKE SENTIMENT is PRICE. The ECB is getting HAWKISH. Also, the NZD is going up a bit more than the EUR right now. Due to the OVERALL MARKET RISK ON, COMMODITIES are going up a bit, so NZD is going UP.. Due to this, EURNZD is going down a bit.
EURNZD can go up to the resistance area before going down again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can go up to 1.7719 LEVEL. After that, EURNZD can be SELL by BREAKING STRUCTURES and can SELL at 1.6787 LEVEL. So stay tuned for MARKET UPDATES
EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD
Currently, according to the CURRENTLY STRENGTH, the EUR is slightly UP. The reason is that ECB RATE HIKE SENTIMENT is PRICE. The ECB is getting HAWKISH. Also, the NZD is going up a bit more than the EUR right now. Due to the OVERALL MARKET RISK ON, COMMODITIES are going up a bit, so NZD is going UP.. Due to this, EURNZD is going down a bit.
EURNZD can go up to the resistance area before going down again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can go up to 1.7550 LEVEL. After that, EURNZD can be SELL by BREAKING STRUCTURES and can SELL at 1.6989 LEVEL. So stay tuned for MARKET UPDATES
DeGRAM | EURNZD double top and pinbarEURNZD reached resistance and the kill zone.
The market is in consolidation, and most likely, the price will bounce off the resistance zone .
Pullback from the killzone is expected: resistance + double top + psychological level 1.7300 and fibo extension level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD
Currently, according to the CURRENTLY STRENGTH, the EUR is slightly UP. The reason is that ECB RATE HIKE SENTIMENT is PRICE. The ECB is getting HAWKISH. Also, the NZD is going up a bit more than the EUR right now. Due to the OVERALL MARKET RISK ON, COMMODITIES are going up a bit, so NZD is going UP.. Due to this, EURNZD is going down a bit.
EURNZD can go up to the resistance area before going down again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can go up to 1.7412 LEVEL. After that, EURNZD can be SELL by BREAKING STRUCTURES and can SELL at 1.6787 LEVEL. So stay tuned for MARKET UPDATES
EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD
Currently, according to the CURRENTLY STRENGTH, the EUR is slightly UP. The reason is that ECB RATE HIKE SENTIMENT is PRICE. The ECB is getting HAWKISH. Also, the NZD is going up a bit more than the EUR right now. Due to the OVERALL MARKET RISK ON, COMMODITIES are going up a bit, so NZD is going UP.. Due to this, EURNZD is going down a bit.
EURNZD can go up to the resistance area before going down again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can go up to 1.7317 LEVEL. After that, EURNZD can be SELL by BREAKING STRUCTURES and can SELL at 1.6474 LEVEL. So stay tuned for MARKET UPDATES
DeGRAM | EURNZD pullback from the killzoneEURNZD reached resistance and the kill zone.
The market is in consolidation, and most likely, the price will bounce off the resistance zone.
Pullback from the killzone is expected: resistance + dynamic resistance + psychological level 1.1700 and Fibonacci level.
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EURNZD possible short for 1.6770price within range of 400 pips since last 2 months. 6th February daily key reversal bar made a new high closed on the low. this key reversal bar breached the range high but price could not hold closing above the range. 7th February daily insurance bar confirms weakness for coming next few days. supply zone in 4h time frame i.e. 1.6970 & 1.7010. while 1.7060 daily supply zone for short. stop loss above key reversal bar high, target: 1.6770.
EURNZD BUYWelcome back guys I’m dropping Eurnzd Buy on Here, I don’t really have much to say as I’m currently about traveling right now, In few minutes I’m entry into the plane, so back to Eurnzd so basically what you are seeing is that we broke our Trend line and got a nice retest so we are waiting for a Buy confirmation, so tell me what you all think about this analysis, I will be with you guys shortly.
DeGRAM | EURNZD strong resistance EURNZD broke and closed below the 1.68000 support level , which became a resistance.
It broke out of the ascending channel and continued trending down.
There's a nice confluence zone to short at the resistance level .
We expect a retest of the support level .
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Share your opinion in the comments and support the idea with like. Thanks for your support!
EURNZD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD
Currently, according to the CURRENTLY STRENGTH, the EUR is slightly UP. The reason is that ECB RATE HIKE SENTIMENT is PRICE. The ECB is getting HAWKISH. Also, the NZD is going up a bit more than the EUR right now. Due to OVERALL MARKET RISK OFF, NZD is going down because COMMODITIES are going down.. Due to this, EURNZD is going up.
EURNZD can go up to the resistance area before going down again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can go up to 1.6938 LEVEL. After that, EURNZD can be SELL by BREAKING STRUCTURES and can SELL at 1.6100 LEVEL. So stay tuned for MARKET UPDATES.
EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD
Currently, according to the CURRENTLY STRENGTH, the EUR is slightly UP. The reason is that ECB RATE HIKE SENTIMENT is PRICE. The ECB is getting HAWKISH. Also, the NZD is going up a bit more than the EUR right now. Due to OVERALL MARKET RISK OFF, NZD is going down because COMMODITIES are going down.. Due to this, EURNZD is going up.
EURNZD can go up to the resistance area before going down again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can go up to 1.7177 LEVEL. After that, EURNZD can be SELL by BREAKING STRUCTURES and can SELL at 1.6100 LEVEL. So stay tuned for MARKET UPDATES.