NZDEUR trade ideas
EURNZD Bullish for the Week of 13 JanuaryAs we see with my last post for Dollar lower www.tradingview.com
And the major pairs can be higher, however EURNZD didn't took yet his highs, so that's why i can be bullish for EURNZD for this week. Seasonal tendency didn't really confirm my theory but it just my sentiment
EURNZD My Opinion! SELL!
My dear subscribers,
This is my opinion on the EURNZD next move:
The instrument tests an important psychological level 1.8441
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.8399
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 BEARISH BATHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
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 sell signal. 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- peak formation HIGHEURNZD-NZD seems to take the strength. Currently we see clear BoS on previous range. Then we witness the pull back and now as we getting the retest of pull back. The sellers are taking the control of this high and can eventually push the prices downside with the momentum if selling structure really exits.
EURNZD Technical Analysis – 30-Minute ChartThis analysis highlights a potential bearish continuation scenario for EURNZD, supported by multiple confluences.
1️⃣ Key Resistance Zone (1.84250–1.84400):
The price has repeatedly rejected this significant resistance area (highlighted in red), indicating strong selling pressure. The recent spike above this level failed to sustain, forming a clear bearish rejection.
2️⃣ Trendline Break:
The ascending trendline that previously acted as dynamic support has now been broken. This break suggests a shift in market structure from bullish to bearish, as buyers fail to maintain control.
3️⃣ Retest of Broken Support (Now Resistance):
The price is currently retesting a crucial demand zone near 1.8400–1.8410 (grey box) that has now flipped into resistance. This zone aligns with the trendline break and adds confluence for a potential continuation to the downside.
4️⃣ Bearish Market Structure:
A clear lower-high formation is expected around the 1.8400 region, which would confirm the bearish structure. From there, we anticipate a drop toward the next significant support zone.
5️⃣ Target Areas:
The first key downside target is around the 1.83200 region (grey box), which aligns with previous structural lows and acts as a strong demand zone.
📉 Trade Scenario:
A rejection from the 1.8410–1.8420 zone could offer a shorting opportunity with targets at 1.83200 and potentially lower if bearish momentum persists. A break above the resistance zone (1.84400) would invalidate this setup and could signal a bullish reversal.
🛠 Confluences Supporting the Bearish Bias:
Resistance rejection.
Trendline break and retest.
Lower-high formation.
Alignment with higher timeframes showing bearish momentum.
EURNZD Forecast: A Bullish Outlook Ahead!As we analyze the EURNZD currency pair, the market signals a clear direction for a bullish stance. The recommended entry price is set at 1.83898. With the market sentiment currently favoring the Euro over the New Zealand dollar, this presents a solid opportunity for traders looking to capitalize on potential upside movements.
The rationale behind this bullish outlook is rooted in the fundamentals. Recent economic indicators suggest a strengthening Eurozone economy, characterized by robust employment data and increasing consumer confidence. Conversely, the RBNZ's dovish stance raises concerns over NZD's future performance, suggesting that the Kiwi may struggle to keep pace.
Our Take Profit target is positioned at 1.84279333, which provides a favorable risk-to-reward ratio. The Stop Loss is strategically set at 1.83330333 to protect against unexpected reversals. Adhering to the EASY Trading AI strategy gives traders the confidence to navigate these market fluctuations effectively.
In conclusion, this trade setup not only aligns with current market trends but is also fortified by sound economic analysis. Happy trading!
EURNZD BEARISH GARTLEYThe Harmonic Pattern SHOULD NOT be used in isolation.
Combine it with 2 or 3 other confirmations to have an extra edge.
(Moving average cross, Bollinger bands, RSI, stoch ... Basically any other indicator/system you're very familiar with).
- Use Proper Risk Management on each trade.
- DO NOT expose more than 3% of your capital on each trade.
EURNZD Developing in a Large Range Trading Movement -UpdateEURNZD Developing in a Large Range Trading Movement -Update
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.
✅Our previous analysis remains valid. The price has reacted and is now down nearly 100 pips. While it needs to develop further, and this process may take some time, the initial price reaction appears promising.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Bullish bounce?EUR/NZD is falling towards the pivot which is an overlap support and could bouncer to the 1st resistance.
Pivot: 1.8271
1st Support: 1.81566
1st Resistance: 1.84096
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