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 trade ideas
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.
Forex Trading Signal for EURNZDAttention traders! We have a new trading signal for the EUR/NZD currency pair.
Direction: Sell
Enter Price: 1.74058
Take Profit: 1.73580333
Stop Loss: 1.74881333
This signal has been generated using the EASY Quantum Ai strategy, which leverages advanced algorithms and historical data analysis to provide reliable forecasts. Here’s the rationale behind the forecast:
1. Trend Analysis: Recent charts and our technical indicators show a clear downtrend in the EUR/NZD pair, suggesting selling pressure.
2. Support and Resistance Levels: The pair has been struggling to break above the 1.74881333 resistance level, indicative of seller dominance.
3. Economic Data: The current economic outlook for the Eurozone appears weaker compared to New Zealand, further encouraging a bearish sentiment on this pair.
4. Technical Indicators: Our EASY Quantum Ai strategy indicates oversold conditions and moving average crossovers, both signaling a potential decline.
Align your trading strategy by entering at the price point of 1.74058, setting your take profit at 1.73580333, and your stop loss at 1.74881333 to manage your risk effectively.
Trade wisely and happy trading!
EUR-NZD Bullish Bias! Buy!
Hello,Traders!
EUR-NZD went down and
Is retesting a horizontal
Support level of 1.7384
So we are locally bullish
Biased and we will be
Expecting a local bullish rebound
Buy!
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Check out other forecasts below too!
EURNZD intraday rallies continue to attract sellers.EURNZD - Intraday
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.
Offers ample risk/reward to sell at the market.
There is no clear indication that the downward move is coming to an end.
20 4hour EMA is at 1.7483.
We look to Sell at 1.7482 (stop at 1.7532)
Our profit targets will be 1.7362 and 1.7332
Resistance: 1.7465 / 1.7525 / 1.7560
Support: 1.7430 / 1.7392 / 1.7350
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 STRONG SELLWhat I watch on 15 minute timeframe its a downtrend followed by Lower highs and lower lows in one hour timeframe, in 15 minutes we can also see a macd cross that its so strong for the sell.
EURNZD TO 1.71 LEVEL SOONeurnzd has a technical spec to go to 1.71 and below very soon , there is no doubt about it whatsoever
