NZDEUR trade ideas
EURNZD Buy Trade – Targeting 1.83436Pair: EURNZD 🇪🇺🇳🇿
Direction: Buy 🟩
Target: 1.83436
Time Horizon: Until Friday, Jan 24, 07:15 UTC (12 hours) ⏳
The market has shown a sharp downward move, potentially setting the stage for a reversal toward the target level. As price approaches key levels, we remain focused on market behavior and patterns for potential opportunities.
Economic events from the Eurozone and New Zealand could add momentum to price action, making it essential to stay informed.
Let's see how this plays out! 💹
EURNZD: Weak Market & Bearish Forecast
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the EURNZD pair which is likely to be pushed down by the bears so we will sell!
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EURNZD BuyHappy New Year Everyone.
Hope you are all well. We had a great start to the new year, here is my signal for a EUR/NZD buy. Hope this is of some use to you.
Hope you all make lots of PIPS
EURNZD Buy📊
📈Entry: 1.84235
🛑SL: 1.83885
✔️TP1: 1.84609
✔️TP2: 1.85156
✔️TP3: 1.85738
✔️TP4: 1.86620
Happy Trading, drop a like if you earn lovely profit from this.
Best wishes
eurnzd sell signal. Don't forget about stop-loss.
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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 2HEURNZD (2H Timeframe) Analysis
Market Structure:
The price is currently testing the upper boundary of a channel, which acts as a key resistance level. This indicates a potential bearish scenario if the price fails to break above and instead respects the resistance.
Forecast:
A sell opportunity may arise if the price retests the channel resistance and confirms rejection, signaling the potential for a move toward the channel's lower boundary.
Key Levels to Watch:
- Entry Zone: After the price retests the channel resistance and shows signs of rejection.
- Risk Management:
- Stop Loss: Placed above the channel resistance or the recent swing high to minimize risk.
- Take Profit: Target the midline or the lower boundary of the channel for potential downside movement.
Market Sentiment:
The current price action at the channel resistance indicates a bearish bias, with sellers likely to dominate if the resistance holds. Waiting for confirmation of a retest ensures a strategic entry aligned with market momentum.
EUR/NZD - Confirmation in the formation of an Ascending ChannelHi guys , the next trade we are going to take a look into is the EUR/NZD - Currently on 1H and 4H the RSI has formulated a great Ascending Channel ,which we want to follow, additionally this week we have a big amount of Fundamental events which would support our thesis and analysis into this uptrend.
Entry: 1.8380
Target: 1.8450
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
EUR/NZD Sell Trade – Targeting 1.83670 - Within 6 hoursPair: EUR/NZD
Direction: Short 🔽
Target: 1.83670 🎯
Time Horizon: By Monday, Jan 20, 05:00 UTC ⏳
The pair has approached a key level and is showing signs of potential rejection. Recent price action indicates a likelihood of a retracement toward the 1.83670 level, in line with observed market behavior.
This trade remains time-sensitive and is expected to develop by Monday at 05:00 UTC. Market factors, including EUR sentiment and NZD performance, could influence the trajectory. Monitoring closely for confirmation of anticipated movement 🔍.
EURNZD (4H) DT ANALYSIS🔹 Symbol: EUR/NZD
🔹 Current Price: 1.83706
Key Observations:
Recent price action suggests a bearish trend as EUR/NZD approaches a critical resistance zone, indicating potential downside momentum.
Indicators such as RSI and MACD on higher timeframes show signals of weakening bullish strength, aligning with a possible trend reversal.
📉 Sell Order at 1.8271
This level is strategically placed below the current support zone, suggesting further bearish continuation if breached.
🚫 Stoploss: 1.8355
Positioned conservatively above the resistance level to manage risk effectively.
💰 Take Profit: 1.8187
Targeting a prior support level, aligning with anticipated bearish momentum for optimal profit.
Recommendations:
Monitor price action closely at the 1.8350 level. Any breakout above this level could invalidate the bearish outlook.
Ensure strict adherence to the stop loss to mitigate potential losses.
If price action accelerates towards 1.8271, prepare for potential volatility as key levels are tested.
EURNZD Will Go Lower! Short!
Please, check our technical outlook for EURNZD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.839.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.826 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.
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EURNZD: Potential Bounce from Key Resistance ZoneOANDA:EURNZD is approaching a significant resistance zone, marked by prior price rejections and strong selling pressure in the past. The current market structure indicates the potential for a reversal at this level if sellers regain control.
This resistance zone aligns with a critical supply area where price has shown hesitation before. If the price confirms rejection with bearish patterns such as wicks or bearish engulfing candles, I anticipate a move downward toward the 1.83972 level.
Let me know your thoughts on this analysis or if you have a different perspective!
EURNZD - Potential Short from Resistance ZoneOANDA:EURNZD is currently approaching a significant supply zone near the 1.84500–1.85000 level. Historically, this area has acted as strong resistance, leading to bearish reversals. The recent bullish move into this zone suggests a potential for sellers to regain control and push prices lower.
A bearish confirmation, such as rejection patterns, bearish engulfing candles, or long upper wicks, would support the likelihood of a reversal. If the scenario materializes, the price may head toward the 1.83150 level, where buyers might step in again.
This setup aligns with a potential short-term retracement within the broader market structure. Traders should wait for confirmation of selling pressure before considering short positions.