EURNZD - Bearish trendPrice has failed to break above previous higher high showing sign of weakness in the bullish trend. Bearish momentum will be strong if price breaks below 1.80100, Wait for the confirmation for high probability setup.
EURNZD trade ideas
EUR/NZD Bullish Rebound from 1.7860 Support: 1.8065 TargetEUR/NZD found support around the 1.7860 level, holding up the price and stopping it from dropping further. Buyers stepped in at that point, pushing it back up, and now it's looking like the pair is on track to head towards the 1.8065 level.
Overlap resistance ahead?EUR/NZD is rising towards the resistance level which is an overlap resistance that is slightly above the 161.8% Fibonacci extension and could reverse from this level to our take profit.
Entry: 1.8061
Why we like it:
There is an overlap resistance level that is slightly above the 161.8% Fibonacci extension.
Stop loss: 1.81364
Why we like it:
There is a pullback resistance level.
Take profit: 1.7949
Why we like it:
There is a pullback support level that aligns with the 38.2% Fibonacci retracement.
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EURNZD Technical Analysis! BUY!
My dear subscribers,
This is my opinion on the EURNZD next move:
The instrument tests an important psychological level 1.7867
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.7897
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
EURNZD: Now's the time to BuyEURNZD is anticipated to keep rising.
After a correction to a key horizontal support level, the price bounced back and broke through a resistance line, forming a bullish flag pattern.
Recent fundamental events have also strengthened the pair, making it likely to reach the 1.806 level soon.
EURNZD / H1 / SHORTEURNZD may experience a downfall from the Bearish Order Block
Bearish Order Block: 1.79619 and 1.79393
EURNZD is nearing the Bearish Order Block, and there is a high probability that the price will drop after touching this level. Let's see how the price reacts, but the chances for a downward movement are strong. I’ve used the Smart Money Concepts (SMC) strategy to analyze this chart.
Entry price :- 1.79568
Take profit :- 1.78876
Stop Loss :- 1.80260
impulse --> correction --> impulsehere is another textbook setup, price already broke out of the wedge, it's now correcting to fill the fair value gap, that's where we'll be pulling the trigger to long this pair.
EUR/NZD's Bullish Signal: Targeting 1.84 with Strong Risk-RewardAfter hitting a local low near the 1.75 zone earlier this month, OANDA:EURNZD reversed to the upside, beginning its first leg of recovery and surpassing the key 1.80 level.
Over the past two weeks, the pair has been in a phase of correction and consolidation, hovering just below this important resistance.
However, yesterday’s strong bullish move may signal the end of this consolidation phase.
Looking ahead, I anticipate a new leg up, with the potential for the price to retest the 1.84 resistance level.
For traders, positioning with a stop-loss placed just below the recent low offers a compelling 1:4 risk-to-reward ratio.
EURNZD: Time to BuyIt is expected that EURNZD will continue to rise.
Following a correction to a significant horizontal support level, the price rebounded and broke through a resistance line in a bullish flag pattern.
The release of fundamental events yesterday further bolstered the pair. The price is likely to reach the 1.806 level in the near future.
EURNZD FORECASTEURNZD Is the pair that I had In the list for a long time just looking how structure develops, to me this pair still has the potential to drop but I just look for the confirmation of the price action before I make decision to enter the trade. Confirmation is key guys, and waiting for confirmation is the something that you need to develop as a trader. Don't jump to the trades early by being trapped by moving impulsive candles which at the end of the day ends to close as the candle wick.
EURNZD BULLSPrice still in a uptrend and we still waiting for a new Daily high. Before the breakout, H&S pattern was created so we just have to wait for price to retrace to the 50% or 61.8% Fib level. Once price reaches the Fib levels, wait for a reversal candlestick on the M5/M15 timeframe for buy entries.
EURNZD DROPING EURNZD is in a long-term downtrend, characterized by lower highs and lows, breaking key support levels, and trading below major moving averages, driven by Eurozone economic concerns and NZD strength.
Channel formation on EURNZDEURNZD is forming a good channel on 3 hr chart . Expecting a breakout on the upside soon.
EURNZD - Short from bearish OB !!Hello traders!
‼️ This is my perspective on EURNZD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is imbalance filled + rejection from OB.
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EURNZDBullish flag formation
waiting for breakout
projections aligns with weekly resistance level
buy entry with buystop order
EURNZD strong bearish expectations
EURNZD BEARISH FLAG pattern visible, we are have break first time on 17.Oct but its not be confirmed, from today expecting confirmation is visible and higher bearish continuation.
We are have and ECB last week on Thursday, which is not make some big bullish changes on EUR, taking ECB like bearish imact on EUR
SUPP zone: 1.79650
RESS zone: 1.77800, 1.77200, 1.76600
EURNZD BULLSPrice closed above the 40EMA which signals ChoCh in the higher timeframe. Daily chart, low broke previous high. 4 hour chart, price currently retracing tothe demand zone for upward strength. There is 2 buy entries on the M15:
Price might reject on the 50% Fib level and buy
Price might retrace to the demand POI and buy
Wait for a reversal candlestick on either the POI or 50% Fib level for entries.
EURNZDIn these analysis i see an uptrend move which I believe in my analysis that it will go to my direction which I suggested.
always apply risk management and trade with less emotion
EUR/NZD Long FROM SupportHello Traders
In This Chart EURNZD 4 HOURLY Forex Forecast By FOREX PLANET
today EURNZD analysis 👆
🟢This Chart includes EURNZD market update)
🟢What is The Next Opportunity on EURNZD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURNZD possible bearish setup-Price left an UNMITIGATED SUPPLY ZONE after breaking structure to the downside and violating our demand zone (4H).
-We also have trendline liquidity below our zone waiting to be swept
EURNZD LONGStructural bias at the moment is to the upside from my point of view, and currently an inverse H & S pattern is partly formed.. Although i missed the initial entry opportunity as price retested the AOI previously. But i believe price will try to take part in another retest of that same AOI probably when price experience a rejection from the resistance line. Either way finger crossed..
For my choice of take profit level, its a very strong idea i have no doubt price will smash it, and after that ill see how price reacts and will decide if take profit 2 level which is the next resistance area will be hunted.
EURNZD - BULLISH MOMENTUM FORMING...Price has formed a bullish flag, indicating an upwards movement likely to happen in the future.
