NZDEUR trade ideas
EURNZD Wave Analysis – 2 April 2025
- EURNZD reversed from resistance area
- Likely to fall to support level 1.8700
EURNZD currency pair recently reversed down from the resistance area located between the resistance level 1.9100 (which stopped the earlier sharp upward impulse wave I at the start of March) and the upper daily Bollinger Band.
The downward reversal from this resistance area stopped the earlier short-term impulse wave iii of the upward impulse wave 3 from the end of February.
Given the strength of the resistance level 1.9100, EURNZD currency pair can be expected to fall to the next support level 1.8700.
EURNZD SELLThe market here has previously tested a significant swing level as resistance and has just don’t the same on the daily chart printing a strong body bearish rejection candle.
I have chosen my entry to be a 50% retracement of the bearish signal candle.
My stop loss will be the previous swing level to account for spreads with my profit being 3x my risk.
Best of luck on the charts traders
EUR/NZD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
EUR-NZD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.885 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/NZD pair.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Falling towards 50% Fibonacci support?EUR/NZD is falling towards the pivot which has been identified as a pullback support and could bounce to the pullback resistance.
Pivot: 1.89237
1st Support: 1.88090
1st Resistance: 1.91677
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EUR-NZD Strong Resistance Ahead! Sell!
Hello,Traders!
EUR-NZD keeps growing
In a strong uptrend but a
Wide horizontal supply
Area is above around 1.9170
So after the pair retests
This level we will be expecting
A local bearish correction
Sell!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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 - Swing trade IdeaHi everyone! The EURNZD shows a nice bearish momentum and a CHoCH/BOS on the 4-hour time frame. I am looking for a sell entry when it reaches the 71% Fib level and setting the take profit (TP) at the next demand zone area. Please conduct your own analysis before entering any trades
Sell Limit Order:
Sell @ 1.89600 - 100 pips
SL @ 1.90600 - 100 pips
TP1 @ 1.88600 - 100 pips
TP2 @ 1.87600 - 200 pips
TP3 @ 1.86600 - 300 pips
RR 1:3, better to move the SL to BE when the trade hits TP1.
Cheers.
EURNZD Bearish OutlookHere is my analysis for EURNZD for the coming weeks.
Price is approaching correctively towards the Lower time frame 0.618-0.500 area or Golden ratio, price is currently forming a Regular Flat pattern and may react from that Sell zone area.
Once the price reacts on the Sell zone, it will be expected to impulsively move towards the Buy zone area or Higher time frame 0.618-0.500 or Golden ratio. From there, we might be expecting a long-term Bullish Outlook.
EURNZD Long BiasThe EURNZD pair is currently breaking out of a descending trendline on the 4H timeframe, signaling a potential shift in momentum. The price has recently bounced from a key demand zone, aligning with the 38.2% Fibonacci retracement level, suggesting strong bullish interest.
Additionally, the price is now trading above key moving averages, reinforcing the bullish bias. A sustained break above the breakout level could confirm further upside potential, with the next target around the 1.92 zone. However, if the price fails to hold above the breakout level, a potential retest of the demand zone near 1.87 could be expected before resuming upward momentum.
EURNZD - Short Term Sell Trade Update!!!Hi Traders, on March 18th I shared this idea "EURNZD Bearish Trend Structure Indicates Potential Continuation"
We expected to see bearish continuation after retraces. You can read the full post using the link above.
The bearish move delivered, as expected!!!
If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
KEEP IT SIMPLE STUPID!!! SELL EURNZDAll the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain direction and therefore enough confluence to take a trade, then this is how you will gain consistency in you trading and build confidence. Check out my trade idea!!
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EURNZD Downtrend in Play – Key Breakdown & Bearish OutlookThe 4H chart of EURNZD shows a descending trendline resistance, indicating a sustained bearish trend.
Price is rejecting the 1.8850 resistance level, aligning with the 38.2% Fibonacci retracement, reinforcing the bearish bias.
A potential breakdown could lead the pair towards the 1.8726 support level (50% Fibonacci), followed by the 1.8200 key demand zone.
Trade Setup & Levels:
Entry Zone: Below 1.8820 after a confirmed rejection.
Target 1 (TP1): 1.8726 – mid-support level
Target 2 (TP2): 1.8200 – major demand zone & 100% Fibonacci extension
Stop Loss (SL): Above 1.8987 to avoid false breakouts.
Bearish Confirmation Factors:
✅ Lower highs and trendline rejection, confirming downward momentum.
✅ Breakdown of support zones, leading to extended selling pressure.
✅ Fibonacci confluence, reinforcing downside targets.
Conclusion:
A break below 1.8726 will accelerate selling momentum, with 1.8200 as the ultimate bearish target. Traders should watch for confirmation signals before entering short positions. 📉