NZDEUR trade ideas
EURNZD Developing in a Large Range Trading MovementEURNZD Developing in a Large Range Trading Movement
EURNZD is currently developing a significant range trading movement. The price has been oscillating between 1.7500 and 1.8500 for about 600 days, with a trading range of nearly 1000 pips, which is quite substantial.
EURNZD has reached the top of the structure again, and it appears that the bearish trend may resume, as it has in the past. The price may not move immediately, but it is already in a critical zone.
Support zones on the way down are located near 1.8250, 1.8090, 1.7830, and 1.7500.
You may find more details in the chart!
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EURNZD I Short from top of the channel Welcome back! Let me know your thoughts in the comments!
** EURNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
EUR/NZD Massive Upside PotentialThe chart speaks for itself. Looing for a 5th wave higher to finish the long term 5 wave Elliot Wave impulse. 2.15 is a reasonable price target. There is a long term .618 Fib ratio around there and it's the top end of a long term channel.
If this pair does this in the come 6 to 12 months then we have to expect a large bout of volatility in world markets over that time. Buckle your seatbelts
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
Buy EUR/NZD Bullish ChannelThe EUR/NZD pair on the H1 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Bullish Channel pattern. This suggests a shift in momentum towards the upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.8324
2nd Support – 1.8384
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#EURNZD 2HEURNZD 2-Hour Analysis
The EURNZD pair is forming a rising wedge pattern on the 2-hour chart, which often signals a potential bearish reversal. The price is trading near the wedge's upper levels, and a breakdown below the support line would confirm selling pressure, offering further sell opportunities.
Technical Outlook:
Pattern: Rising Wedge
Forecast: Bearish (Sell, and Sell More on Support Line Breakdown)
Entry Strategy: Initiate a sell position if the price shows bearish signals near the wedge's resistance. Add to the position or open new sell trades once the support line is broken and confirmed with a retest or bearish price action.
Traders should monitor indicators like RSI for overbought conditions or MACD for bearish crossovers to strengthen the case for a sell. Use proper risk management by setting stop-loss orders above the wedge resistance and targeting key support levels below the breakdown point.
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–bullish continuation after a small pullback .. 16-20 DecWeekly – Strongly bullish
Daily – Indecision for 2 days but Fri candle was bullish. Price above 200dma.
H4 – Well established bullish trend, price holding above 20sma. Price has moved away from the 20sma and a small retracement would provide better value for taking a long trade.
A retracement to the 50-61.8% retracement would be ideal, could even go lower. I will be looking for bullish PA after a retracement. My stop would be below the last H4 swing low and target near the 1.8430 area.
This is not a trade recommendation, merely my own analysis. If you decide to trade this, you should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster.
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$EURNZD at Key Resistance – Watch for Bearish Gartley to 1.81PEPPERSTONE:EURNZD
Technical Analysis:
The EURNZD pair is currently under pressure, with the daily resistance at 1.8237 being tested. The weekly fractal resistance remains just above at 1.8274. We also have a bearish Gartley pattern projected at 1.8488, at the 127% Fibonacci extension, just above the resistance zone. If the price reaches this level, the formation of the bearish Gartley pattern could lead to a retracement, pushing the pair back to the Fibonacci levels below 1.81.
Key Highlights:
Daily resistance being tested at 1.8237.
Weekly fractal resistance at 1.8274.
Bearish Gartley pattern projected at 1.8488.
If the price hits this level, the bearish Gartley pattern could lead to a retracement back to Fibonacci levels below 1.81.
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