EURNZD descending wedge is obvious now. Intraday Update: Following the ECB today, the EURNZD struggled (again) at wedge resistance which suggests in order for the market to get a sizable bounce, a break of the 1.7625 is needed now.
EURNZD trade ideas
EURNZD to find sellers at market?EURNZD - 24h expiry
Our short term bias remains negative.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
20 4hour EMA is at 1.7597.
We look for a temporary move higher.
The sequence for trading is lower lows and highs.
We look to Sell at 1.7598 (stop at 1.7648)
Our profit targets will be 1.7478 and 1.7458
Resistance: 1.7600 / 1.7650 / 1.7680
Support: 1.7571 / 1.7525 / 1.7500
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
EUR_NZD BEARISH BIAS|SHORT|
✅EUR_NZD is trading in a downtrend
Along the falling resistance line
Which makes me bearish biased
And the pair is about to retest the resistance
Thus, a pullback and a move down are expected
With the target of retesting the level below at 1.7529
SHORT🔥
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EURNZD is approaching a significant resistance area.Hey Traders, in today's trading session we are monitoring EURNZD for a selling opportunity around 1.76100 zone, EURNZD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.76100 support and resistance area.
Trade safe, Joe.
EURNZD - Bearish on 1 hrEURNZD has been in bearish trend on the 1 hour time frame and now we have a good opportunity to make a sell entry at the 0.5 Fib level.
EURNZD LONG/BUYHello everyone
*Ending Diagonal forming
*Running flat about to complete
*Liquidity (gap) at price 1.75991
*Liquidity 1.77930
*Engulfing candle forming (15min TF)
*MACD divergence
Entry : 1.76005
Stop loss: 1.75579
Profit: 1.77930
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 500 PIPS LONG Expecting a 500 pip move to the up side as price is currently at a very significant Daily trend line and also a strong support zone. For safer entries, you can wait for price to break the counter-trendline before going long
EURNZD - Bearish TrendEURNZD is on Bearish trend and seems to continue. Harmonic's AB=CD pattern shows the potential reversal zone. No Divergence on RSI on 1Hr and 4Hr chart.
EURNZD is in complete bearish phasewith no divergence the trend is looking good to make new LH and LL and it is also respecting the trendline
EUR/NZD may fall 55 - 77 pipsOur pivot point is at 1.7644.
Our preference
The downside prevails as long as 1.7644 is resistance.
Alternative scenario
Above 1.7644, look for 1.7680 and 1.7702.
Comment
The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.7617 and 1.7621).
Supports and resistances
1.7702 **
1.7680 *
1.7644 **
1.7629
1.7612 last
1.7557
1.7535 **
1.7513 *
1.7491 **
Number of asterisks represents the strength of support and resistance levels.
EURNZDWe can attempt to buy EURNZD from specified level as it break LH ,trendline resistance , also print HL , also there is bullish divergence indicate that it moved upward.
SL , TP mention in chart.
EUR-NZD Will Keep Falling! Sell!
Hello,Traders!
EUR-NZD is trading in a
Downtrend and the pair
Broke the key horizontal
Level of 1.7637 which is
Now a resistance and the
Pair made a retest and
And is going down again
So I am bearish biased
And I will be expecting
A further move down
Sell!
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Check out other forecasts below too!
EURNZD intraday rallies continues to attract sellers.EURNZD - 24h expiry
Our short term bias remains negative.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
50 4hour EMA is at 1.7683.
We look for a temporary move higher.
The sequence for trading is lower lows and highs.
We look to Sell at 1.7683 (stop at 1.7733)
Our profit targets will be 1.7563 and 1.7533
Resistance: 1.7650 / 1.7680 / 1.7720
Support: 1.7620 / 1.7571 / 1.7530
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
EURNZDEURNZD is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge.
Currently the price has given the massive breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 1.8000.
What you guys think of this idea?
EURNZD waiting for long confirmation/entry EURNZD D2 demand in control
Waiting for a lower time frame confirmation entry
EURNZD - Took 0.7R profit before going to sleepEntry:
- Price broke through a sideways action.
=> dominant pressure at that moment was down.
- Pullback 40-50%
- Setup DD.
Exit:
- Price was strongly down at the breakout bar.
- Took 0.7R profit before going to sleep in only one bar.
=> then went to bed. In the morning price does go in another direction
=> good decision have been taken.
EURNZD D1 demand in control EURNZD tested our zone and the 4h supply mentioned in the previous post took the price to a lower low.
Will the demand zone even lower be tested?
We shall see. Big news on the euro this week.
EURNZDBUY on the theory markets ranges 70% of the time, and BUY on the theory markets retraces HALF of the previous leg 90% of the time. Entry and invalid lines for 1h TF.
EURNZD 450 pips projectionLooking at the Daily timeframe, we can see that price is in a big Triangle pattern and it's about to test the Bullish trend line. Upon touching the trend line, wait for a clean Bullish Daily candle to close for confirmation, then swing all the way up to the top of the triangle. Let me know what u think in the comment section.
EURNZD long, i have been waiting ..Ok so this beaut has me really excited for this level, lets see what will come of it and if my analysis is correct in conjunction with a new software i have been using
