EURNZD trade ideas
Potential bullish rise?EUR/NZD has just bounced off a support level which is an overlap support that lines up with the 161.8% Fibonacci extension and could rise to our take profit.
Entry: 1.76311
Why we like it:
There is an overlap support level that lines up with the 161.8% Fibonacci extension.
Stop loss: 1.75413
Why we like it:
There is a pullback support level which aligns with the 78.6% Fibonacci projection.
Take profit: 1.77642
Why we like it:
There is a pullback resistance level which lines up with the 38.2% Fibonacci retracement.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
EUR-NZD Long From Support! Buy!
Hello,Traders!
EUR-NZD has retested
The horizontal support
Of 1.7630 from where
We will be expecting
A local bullish rebound
Buy!
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Analysis on EUR/NZD.EUR/NZD is on it's trendline support level. Market already respected this trendline support level multiple times. Wait for market to respect this level again and then take entry with stop loss below 1.75400. There are 90% chances that market will move towards upside from this point.
EURNZD Long BiasHello traders,
A swing idea here..
The setup is looked at from technical perspective mainly. We can see the impulse and correction pattern, as well as a nice weekly demand (which i refined to 3D to publish)
I will not enter this trade immediately, i will wait for confirmation on lower time frame and go from there.
Trade safe guys! Wishing you a great week ahead.
EURNZD buy now 1,76600I´m expecting this pair to climb soon due to a strong demand zone. If you have decided to trade, you can enter now at the currect market price. SL is a bit tight, adjust it to your position size. First TP zone is the green line, TP a part of the position there. Don´t keep all till final target. I´m suggesting to set "conditional SL" If any 1D candle closes below the SL zone, cutloss your trade.
EUR NZD BUY IN DOWN TREND RIGHT NOOOWThe price liquidate the bottom of two 30 minutes heikin ashi candles and these candles are located at the bottom of 4 hour support or demand zone , NZD CAD start to fall which support EUR NZD will go up to test newly created supply area
High Risk to Reward
EUR NZD BUY
entry : 1.6745 - 1.6755
stop loss : 1.6737
Take profit : 1.7700
if you agree please leave like or comment for discussion
EURNZD ShortPrice Action Day Trading
H4 Bias: Bearish
Broke through a swing low closing lower. Fundamental support that EUR is bearish and expect to increase interest rate. NZD is bullish and got intention to increase interest rate.
Setup: short trade at broken support level with SL at H1 swing high. Targeting next H4/D swing low
EURNZD SELL SETUPWith the break of structure here on the daily price is still in a downtrend. Will be looking for another opportunity on the pull back or retest!
EURNZD - SELL
NZD has been strong against EURO for the last month and Target Oreder Block is Below spotted by my Kean Eye
Tue 21st May : )
Support has been broken
Pulled back into FVG
Momentum Candle in play
Key Points
May 22, 2024: Reports emphasized the New Zealand Dollar's strength against the Euro, driven by New Zealand's economic performance and higher interest rates.
May 23, 2024: Analysis indicated continued bearish sentiment for EURNZD due to Eurozone economic concerns and New Zealand's favorable trade balance.
NZ WIns : )
EURNZD Technical analisisEURNZD even the eurnzd pair is at the bottom of the ranges , it has a clear downtrend path on the higher timeframes as the european currency indexes are showing the lack of the standard retracements that are one of the strongest TA indicators that exists on the markets
buy #eurnzd at 1.7980 and take profit at 1.8102 ratio 1:3buy #eurnzd at 1.7980 and take profit at 1.8102 ratio 1:3 is a trade idea as $nzdemployment data made big miss and were so bad but since #nzdusd #eurnzd #gbpnzd outperform on #nzd side while shoulf be the opposite so i try this trade.
may market wanna put off all retail trader
may copper are up so much that boost nzd
for now i see 0 reason why nzd outperform after the so bad employment data
so i try with eurnzd but may better gbpnzd..only nzdjpy gone in good way but coz boj intervention
EURNZD- Possible Reversal?EURNZD has completed the AB=CD pattern. At PRZ it has created bullish divergence. There is no continuation pattern for price to go further down. At indicated entry point, the price will also break the bearish trendline adding further confluence to the expected upside move
EURNZD What Next? BUY!
My dear friends,
My technical analysis for EURNZD is below:
The market is trading on 1.7713 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.7827
Recommended Stop Loss - 1.7636
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
EURNZD Massive Long! BUY!
My dear subscribers,
This is my opinion on the EURNZD next move:
The instrument tests an important psychological level 1.7709
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 - 1.7821
My Stop Loss - 1.7645
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 to continue in the downward move?EURNZD - 24h expiry
Our short term bias remains negative.
Preferred trade is to sell into rallies.
50 4hour EMA is at 1.7784.
The sequence for trading is lower lows and highs.
Expect trading to remain mixed and volatile.
We look to Sell at 1.7785 (stop at 1.7835)
Our profit targets will be 1.7665 and 1.7635
Resistance: 1.7760 / 1.7785 / 1.7820
Support: 1.7725 / 1.7700 / 1.7655
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.
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EURNZD - See an opportunity to move up If the price moves below the support area, I see a further drop down to 1.60000.
800+ pips.
If the price breaks above the 1.67000 level, we could see this trade move up.
Intra / swing
EURNZD - SELL LIMIT Price is bearish and showing a beautifull corrective move to the upside.
Price formed some liquidity yesterday and today to be taken and there is a Daily imbalance + 1h imbalance to be tested right above that liquidity.
Expecting price to take that liquidity and react from these area of stacked imbalance, showing an impulsive move to the downside.
EURNZD Potential DownsidesHey Traders, in today's trading session we are monitoring EURNZD for a selling opportunity around 1.77500 zone, EURNZD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.77500 support and resistance area.
Trade safe, Joe.
EURNZD long from Discounted PriceHello Traders!
EURNZD has been moving correctional to the downwards for few weeks.
Technically, as we approach our Discounted Price there is major liquidity was left above and not retested but before going long, market need to induce completely as some trades still have running trades from 1D demand zone.
Demand Zone 🇪🇺🇳🇿
@1.75864
Reasons:
- Order Block (4h)
- Fibo 79.0
- Imbalance
- Liquidity
- Inducement
GOODLUCK!
EUR/NZD - It´s comming.. It had an excellent SH before the fall...
To the naked eye it can go through that marked area.
Wait patiently for your entry model, then mercilessly run daddy !!!!
Keep it Simple!
If you liked it, don't forget to follow me! :)
Potential bullish bounce?EUR/NZD is falling towards a support level which is an overlap support that lines up with the 161.8% Fibonacci extension and could bounce from this level to our take profit.
Entry: 1.76311
Why we like it:
There is a pullback support level which lines up with the 161.8% Fibonacci extension.
Stop loss: 1.75413
Why we like it:
There is a pullback support level which aligns with the 61.8% Fibonacci projection.
Take profit: 1.78190
Why we like it:
There is a pullback resistance level that lines up with the 50% Fibonacci retracement.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
FURTHER SHORTS ON EUR/NZDEUR/NZD 1D - This market has been respecting areas of Supply for quite some time now and we have recently seen price trade us up and into an area and reject nicely giving us this new bearish leg.
If you look to the left of this analysis you will see that price did in fact trade into a higher timeframe area of Supply where once penetrated delivered us with enough Supply to actually break structure to the downside.
This suggesting a higher timeframe move to the downside, allowing us to use this as our bias and find areas of interest where we could look to take this market short from.
I have gone ahead and marked out a fractal area of interest for us, the zone I have marked out represents a Supply Zone via a hidden order block.
I would love to see price trade into this and deliver us with another bear run, allowing us to get involved in this market at a better price with a more refined entry.
