EURNZD trade ideas
EUR/NZD For Bearish after finish pull-back waveyou can go short now and take any target
- General Trend is Down
- Price finish for creating lower high at red arrow
have fun :)
EURNZD | 2H SETUPThe market is clearly attempting a recovery in this price structure with the i-BoS.
If the price returns to the institutional support just below between 1.745 and 1.740, it would be interesting to consider the possibility of a rebound or a rise.
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EURNZD Trading Signal: SellDirection: Sell
Enter Price: 1.7478
Take Profit: 1.74365667
Stop Loss: 1.75520667
We have identified a short-selling opportunity on the EURNZD currency pair based on a detailed analysis enabled by the EASY Quantum Ai strategy. Here are the key reasons behind this forecast:
1. Technical Analysis: Our algorithms have detected a bearish pattern formation in recent price movements, indicative of a potential decline. The Relative Strength Index (RSI) is also showing overbought conditions, providing further evidence that a downward correction is imminent.
2. Fundamental Factors: Recent economic reports from the Eurozone have shown weaker-than-expected performance, including a disappointing GDP growth rate and lower industrial production figures. Conversely, New Zealand has exhibited more robust economic indicators, adding downward pressure on the EURNZD pair.
3. Market Sentiment: Traders' sentiment has shifted towards risk aversion, with a preference for safe-haven assets. This shift typically strengthens the New Zealand Dollar (NZD) against the Euro (EUR).
Based on these factors, we recommend entering a short position at 1.7478. Set your Take Profit at 1.74365667 to capitalize on the anticipated move, and place a Stop Loss at 1.75520667 to mitigate potential risks.
Stay tuned for further updates and manage your trades accordingly. Happy trading!
Trade Signal: EURNZD - BUYDirection: Buy
Enter Price: 1.752
Take Profit: 1.75514
Stop Loss: 1.74717
Traders, we have a compelling opportunity to go long on the EURNZD currency pair. Based on the sophisticated analysis from our EASY Quantum Ai strategy, we foresee a bullish movement for the following reasons:
1. Technical Analysis: The EURNZD pair has demonstrated strong support around the 1.752 level. Historical price data indicates that this level has consistently acted as a reliable entry point for upward movement.
2. Momentum Indicators: Key momentum indicators, such as the RSI and MACD, are showing bullish signals. The RSI is above the 50 mark, suggesting that the buying pressure is dominating.
3. Economic Factors: Positive economic outlook for the Eurozone, along with stable economic conditions, supports stronger demand for the Euro against the New Zealand Dollar.
4. Risk Management: A Stop Loss is set at 1.74717, safeguarding against unfavorable market turns, while a Take Profit at 1.75514 ensures a well-balanced risk-reward ratio.
We recommend entering the position at 1.752 with the aforementioned Stop Loss and Take Profit levels.
Happy Trading!
eurnzd approaching sell areawaiting for a push into 1.81500 area for a selling opportunity. target area will be towards 1.70. bearish catalyst could be the March CPI next week
eurnzd analysis elliot. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
eurnzd analysis elliot. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EURNZD Technical Analysis and Trade Idea into the NY OpenThe EURNZD currency pair has been experiencing a strong downtrend. Notably, there have been consistent and clean price swings, except for a spike on Friday. I’m currently seeking an opportunity to short the market based on specific criteria related to price action. In the video, we analyze the trend, market structure, and price action, discussing two potential entry methods: using a limit sell order or manually trading on a lower timeframe. It’s essential to note that the content in the video is for educational purposes only and should not be considered financial advice1. 📉💶🇳🇿
EURNZD ShortDaily Bias bearish
Fundamental align EUR Bear NZD Bull
Price Action,
Price retrace back into fibo level 61.8% with confluence with H4 horizontal Level. Price formed a strong rejection bearish candle and closed below H1 swing low. Price also broken short term bullish trendline.
Set Short trade at broken support level with target the next Daily swing low with R:R 1:5 SL above last swing high
EURNZD Short! 20/5/2024EURNZD Short!
SL - 1.80848
TP - 1.74764
Weekly break support 1.77993.
Daily still ranging, i expect take some time to moving down to TP.
EUR/NZD BULLS ARE STRONG HERE|LONG
Hello,Friends!
Previous week’s red candle means that for us the EUR/NZD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.762.
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sell Eur NzdEur/Nzd making a bearish divergence at 1h time frame as per my analysis if next two candles close in red we will short wi 1:1 Rsik management.
EURNZD: Will Keep Falling! Here is Why:
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too.
❤️Please, support our work with like & comment!❤️
EURNZD-Bullish SignsThe pair is in bearish trend for long time. No the pair had shown sign of bullish move by RSI showing bullish divergence and then breaking its previos LH and forming a HH. The pair also made a HL at fib level of 0.382 also supporting this idea that the bullish move has started.
EURNZD Potential sellOnly and if only see there a great liquidity grab . Is where all the liquidity is sitting. Waiting for a pinbar with volume reaction and hitting
EURNZD Trading Signal: BUYDear Traders,
We have identified a promising opportunity on the EURNZD currency pair using our advanced EASY Quantum Ai strategy. Below are the details for your trade setup:
Direction: Buy
Enter Price: 1.74223
Take Profit: 1.74759333
Stop Loss: 1.73745333
Justification:
Our decision to enter a BUY position at 1.74223 is supported by several key factors identified through our EASY Quantum Ai strategy:
1. Trend Analysis: The EURNZD pair has shown consistent upward momentum in the recent trading sessions, indicating a strong bullish trend.
2. Support and Resistance Levels: The current enter price of 1.74223 aligns closely with a strong support level, minimizing the risk of downward movement.
3. Technical Indicators: Our strategy has identified bullish signals from multiple technical indicators, such as moving averages and RSI, further strengthening the buy proposition.
4. Market Sentiment: Positive market sentiment towards the Euro and negative sentiment around the New Zealand Dollar add to the likelihood of the pair's upward movement.
We recommend entering the trade at the specified price and setting your Take Profit at 1.74759333 and Stop Loss at 1.73745333 to manage risk effectively.
Happy trading!
Best regards,
EURNZD Is Going Up! Buy!
Take a look at our analysis for EURNZD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 1.742.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.745 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
2024-06-17 - EURNZD - BullishLooks like EUZNZD chart will turn bullish on 4H, as there is Bullish Divergence as well as Bullish Engulfing candlestick pattern
EP: 1.75280
SL: 1.73894
TP1: 1.76670
TP2: 1.78050
EURNZDEURNZD has retested a key support level at 1.73585 - 1.74178
The pair is already showing a bullish rebound.
A move up to retest the supply level around 1.85000 is likely.
This presents a promising opportunity for a LONG position.
