EURNZD- Bullish IdeaEURNZD is in a strong bullish trend making HHS and HLs, recently broke above a key resist zone. On 1D time-frame, it is also in an ascending channel. Current fundamentals and seasonals also support a strong uptrend.
NZDEUR trade ideas
EURNZD EXTENDS RALLY FOLLOWING EUROZONE INFLATION DATA RELEASEThe annual inflation rate in the Euro Area slowed to 2.4% in February 2025, down from 2.5% in January, which was a six-month high. However, it remained slightly above market expectations of 2.3%, according to a preliminary estimate. Meanwhile, core inflation, which excludes food and energy prices, also declined to 2.6%, slightly surpassing forecasts of 2.5% but reaching its lowest level since January 2022.
In response, EURNZD surged higher, extending its gains from last week. However, the pair encountered minor resistance near a six-month high of 1.8648. According to technical analysts, this level is likely to hold, potentially leading to a slight pullback before the next move unfolds, but if the level doesn’t hold, then the next potential target to the upside would be 1.8800
UP COMING CATALYST:
For the remainder of the week, markets are gearing up for a series of high-impact events that could shake up volatility.
The action kicks off with a speech from the RBNZ Governor on Thursday, March 6, at 12:30 AM GMT+4, setting the stage for market sentiment. Shortly after, attention shifts to the Euro Summit, where policymakers will navigate key economic discussions.
Later that day, all eyes will be on the Eurozone’s main refinancing rate, widely expected to be cut by 25bps, followed by a press release that could set the tone for future monetary policy.
With this major speeches and policy decisions unfolding, markets could see heightened volatility bringing both risks and opportunities for traders looking to capitalize on the momentum.
LEVELS TO WATCH OUT FOR THE WEEK:
To the upside, buyers will likely aim to break the 1.8648 resistance level, paving the way for a move toward the psychological levels of 1.8800 and 1.9000.
On the downside, sellers will be targeting key support levels, potentially looking for a retracement if momentum shifts in their favor towards 1.8412, 1.8221, 1.8000 and 1.7789 breakout of these levels are not ruled out.
EURNZD POTENTIAL LONGEURNZD is sweeping one of its weekly swing high today. If It it does that successfully without hitting the next swing high which is near, we might have a long opportunity from the daily FVG. If it runs the the next weekly swing high, then we'll be looking for the next daily FVG for long.
EUR/NZD Daily AnalysisPrice is moving within a bullish channel since the end of September 2024.
From late December to this week, price has been moving within a correction pattern.
On Friday we saw the 1st bullish close outside and above the pattern.
Look for a pullback/correction and a continuation to test the wick high at 1.8650 from August 2024.
EUR/NZD - We reached a strong support area - time to grow?Hi guys we are looking into EUR/NZD -
A. Key Support and Resistance Levels
Resistance: Look for resistance levels at 1.8200, 1.8400, and 1.8600 if the uptrend continues.
Support: The key support zones to monitor are 1.7800 and 1.7600 in case of pullbacks.
B. Moving Averages
If the 50-day moving average crosses above the 200-day moving average (Golden Cross), it signals a bullish continuation.
A price movement consistently above the 200-day moving average suggests a long-term uptrend.
C. Trendlines and Chart Patterns
A breakout above a descending trendline could indicate bullish momentum.
A bullish flag or ascending triangle pattern could suggest further price appreciation.
D. RSI & MACD Indicators
RSI (Relative Strength Index): If RSI remains between 50-70, it supports a steady uptrend. An overbought RSI (>70) may indicate a temporary pullback before further gains.
MACD (Moving Average Convergence Divergence): A bullish crossover above the signal line suggests growing upward momentum.
Our entry would be looked in as follows -
1.82200 Entry price
Target 1: 1.83000
Target 2: 1.83950
Target 3: 1.84350
SL: 1.81350
EURNZD BUY SETUP📌 Trade Plan – Based on Institutional Execution Strategy:
🔹 Scenario 1: Bullish Continuation Trade
✅ Buy Zone: 1.8280 - 1.8310 (on retrace to OB/FVG).
✅ SL: Below 1.8240 (Safe Institutional Stop).
✅ TP1: 1.8400 (Previous High).
✅ TP2: 1.8500 (Liquidity Pool).
✅ Confidence Level: High (Clear Smart Money Reaccumulation).
🔹 Scenario 2: Bearish Reversal Trade (Only if price rejects 1.8400 - 1.8420)
✅ Sell Zone: 1.8400 - 1.8420 (at rejection).
✅ SL: Above 1.8460 (Institutional Safe Stop).
✅ TP1: 1.8320 (Retest OB).
✅ TP2: 1.8240 (Major Liquidity Zone).
✅ Confidence Level: Medium (Only valid if reversal confirmation happens).
🔥 FINAL INSTITUTIONAL DECISION
📌 Would I take the trade?
🔹 Yes, but only on a retrace to 1.8280 - 1.8310 for a buy OR if price rejects 1.8400 - 1.8420 for a short.
LONGS ON THE EUR/NZDEUR/NZD 4H - I am wanting to see price pullback trading down and into the Demand Zone below giving us an area to enter in from. This will allow us to get in with a refined entry.
By price trading down and into this zone we are able to get in at a cheaper price meaning we can profit more from long positions, I will be looking to set my TP just below the last higher timeframe high.
The Demand Zone I have gone and marked out is an order block, once price trades down and into this order block we can expect Supply to be removed, from those who shorted the market.
We can also expect Demand to be introduced as price reached a cheaper area in the markets and an area of significance. This as a result will give us the S&D flip we want.
EURNZD SELL TRADE PLAN📌 Trade Direction: SHORT (Sell) – Bearish Continuation Setup
🎯 Entry:
Market Entry → Current price (~1.8230-1.8250) ✅
Pending Sell Limit Entry (If Price Pulls Back) → 1.8280-1.8295 (Optimal short zone).
🔰 Stop Loss (SL):
1.8330-1.8365 (Above previous high & liquidity zone).
Keeps SL safe from Smart Money stop hunts.
📈 Take Profit Targets (TPs):
TP1: 1.8180 (Nearest demand zone, +50 pips).
TP2: 1.8100 (Stronger liquidity level, +120 pips).
TP3: 1.8030 (Deeper liquidity grab, final TP, +200 pips).
POTENTIAL LONG TRADE SET UP FOR EURNZDAnalysis: Utilizing chart patterns, highs & lows, and impulses & corrections, the focus is on identifying a continuation corrective structure following a breakout.
The price has approached the lower bound of a bullish continuation structure in confleunce with the lower bound of an ascending channel on the higher time frame (HTF) with a descending structure on the Mid time frame (MTF). The price has broken out of the MTF descending channel with a bullish impulse. We will now monitor for a bullish continuation structure to identify a potential entry point for the trade on the lower time frame.
Expectation: A upward move is expected, with the target at upper bound of the HTF continuation structure.
⚠️ Reminder: Always conduct your own analysis and apply proper risk management, as forex trading involves no guarantees. This is a high-risk activity, and past performance is not indicative of future results. Trade responsibly!
EURNZD Waiting for the right trigger before jumping in! What do you think? Are you seeing the same setup? Drop your thoughts below! 👇👇
#EURNZD #ForexTrading #MarketAnalysis #OrderFlow #SmartMoney #FootprintTrading #SupplyAndDemand
EUR/NZD Long Setup – Buy Near 0.8290, Target 0.8440EUR/NZD is currently trading near a key support zone around 0.8290, aligning with a strong demand area and potential Fibonacci retracement level. The pair has shown signs of exhaustion on the downside, with buyers stepping in to defend this level.
Fundamentally, the Euro remains supported by a stable economic outlook, while the New Zealand Dollar faces pressure due to risk-off sentiment and dovish RBNZ expectations.
Technically, the 0.8290 level is a confluence of previous support and a potential reversal zone, making it a favorable entry point. If the pair sustains above this level, we anticipate a bullish move towards the 0.8440 resistance zone, where previous price action suggests profit-taking may occur.
Trade Setup:
📍 Entry: Buy near 0.8290
🎯 Target: 0.8440
📉 Stop-loss: Below 0.8250 (adjust based on risk appetite)
A break above 0.8340 could add further bullish momentum, confirming the reversal. Monitor price action closely for confirmations like bullish candlestick patterns or trendline breakouts.
Risk Disclaimer: Always manage risk appropriately and use stop-loss orders. This is not financial advice—conduct your own analysis before trading.
eurnzd|foxforexeurnzd broke the supports it has been using for a long time. I am opening a short position targeting 1.7900 using 1.8300 as a stop.
EURNZD - 23/02/25EURNZD - 23/02/25 Ideas for the coming week. Will update the comments if any trades come in to play.
#EURNZD Buy Setup 🔼#EURNZD Buy Setup
Currently Trading At 1.83270 , Buy Dip Till 1.82899 For The Target 1.87622
EURNZD: Long Signal Explained
EURNZD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long EURNZD
Entry Point - 1.8203
Stop Loss - 1.8150
Take Profit - 1.8302
Our Risk - 1%
Start protection of your profits from lower levels
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BOS Pattern EURNZD short opportunitiesThis is a practice from a new course I'm taking, for logging purposes.
Please do not trade.
Any constructive comment is accepted
EURNZD - Buy Setup at key ZoneOANDA:EURNZD is currently in a significant support zone, which has times before been a turning point for bullish moves. The recent bearish pressure brings the price into this critical area once again, creating a potential buying opportunity.
If bullish signals emerge, such as strong buying volume or bullish candlestick patterns, I expect the price to move toward 1,83700. However, a break below this support would invalidate the bullish bias and could lead to further declines.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
EURNZD repetitive pattern for LONG entryThis EURNZD chart highlights a consistent price movement pattern that repeats over time, providing a reliable structure.
It's a clear pattern repeating consistenly and succesfully the last 3 times.A break of the trend line followed by a pullback showing rejection.Right now the pattern is incomplete.If the followup will show us another pullback with rejection than it might make a good candidate for a long entry with a decent R/R
pottential breakout from triangle patternbreak of the trendline followed by accumulation phase forming a triangle ,
would make a nice breakout trade especially if retraces for 1/2.5 or 1/3 risk/reward,looks great on the 1h chart as well
EURNZD | Could be a good buyHey Traders!
Price is sitting above strong levels of support I expect a pullback up to the recent swing high, if it that breaks you can definitely aim for higher take profits.
