BluetonaFX - EURNZD Head & Shoulders SHORT IdeaHi Traders!
EURNZD has a potential head-and-shoulders pattern forming on the 1D chart, and there are opportunities for short entries to lead to a possible neckline break.
Price Action 📊
Recent lower market swings with lower highs and lower lows, and the market is about to break back below the 20 EMA.
We are looking for bearish momentum to fully complete the right shoulder and lead to a break and close below the neckline.
Fundamental Analysis 📰
The NZD has found strength and bounced off session lows due to the parliamentary elections, as the country voted for a change in parliament.
Support 📉
1.75127: NECKLINE
Resistance 📈
1.78600: PREVIOUS DAY'S HIGH
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
Eurnzd!!
EURNZD: Bearish Continuation & Short Trade
EURNZD
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short EURNZD
Entry - 1.7849
Sl - 1.7944
Tp - 1.7672
Our Risk - 1%
Start protection of your profits from lower levels
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EURNZD What Next? SELL!
My dear subscribers,
This is my opinion on the EURNZD next move:
The instrument tests an important psychological level 1.7807
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 - 1.7650
My Stop Loss - 1.7893
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 H4 | Heading into resistanceEUR/NZD is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.76832 which is an overlap resistance that is also bounded by the descending trendline.
Stop loss is at 1.78285 which is a pullback resistance level.
Take profit is at 1.75072 which is a swing-low support level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Forex Capital Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM Australia Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
EURNZD H4 I Potential bearish reversal?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.7897, which is a swing-high resistance aligning with a 127.2% FIbo extension.
Our take profit will be at 1.7786, a pullback support level. The stop loss will be placed at 1.0820, above 161.8% Fibo extension.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Forex Capital Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money..
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM Australia Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
EURNZD: Bullish Forecast & Bullish Scenario
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 up by the bulls so we will buy!
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EUR/NZD BUYERS WILL DOMINATE THE MARKET|LONG
Hello,Friends!
We are targeting the 1.764 level area with our long trade on EUR/NZD which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option.
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EURNZD possible ideaAfter price broke structure to the upside on higher timeframe, it retraced and formed trandline liquidity above a demand zone that was left behind during the reversal. Price could now utilize the liquidity to fuel its move to the upside to target the weak high that's filled with liquidity
EURNZD Trade IdeaHello Traders, Base on technical and wave analysis we see this scenario for #EURNZD for next move. let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
EURNZD Trading Opportunity! SELL!
My dear subscribers,
EURNZD looks like it will make a good move, and here are the details:
The market is trading on 1.7810 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.7688
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
EUR-NZD Short After The Retest! Sell!
Hello,Traders!
EUR-NZD is about to
Retest a broke key
Horizontal level of 1.7705
Which is now a resistance
And because the pair is in
The downtrend we are
Bearish biased so I think
We will see a move down
Sell!
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Check out other forecasts below too!
EURNZDEURNZD is trading in descending parallel channel and recently it seems like the sellers are bit exhausted now and the pair is started to get support within the channel.
Currently the price is forming a local support around 1.7560 region and a bullish divergence also indicating the buyers are getting ready for some serious move to upside.
Will the bulls take charge again continue for leg higher
EURNZD 2/10/23EN Euro N has also given us a very clear bearish range lots of bearish range given from Friday session so we are going to look to see where this wants to travel remember if we do tap into the POI at the top we're going to look for bearish movements and if we do not get to that point we are going to expect price to continue down lower overall we would like to see a SE setup delivered at New York Open and from there we can maybe follow price to one of the external liquidity points either high or low but as it stands our main directional bias is bearish and we would look for the new investments to come in at market open for NY for London.
EURNZD | 2.67 Reward To Risk TradeThis is bearish potential trade on EURNZD
12 hour timeframe is bearish. A new low was made on Friday.
Price can go lower overnight. If it does
we can adjust the take profit.
Stop loss and entry will stay the same.
Stop loss and entry are noted as
Entry: 1.77394
Stop loss: 1.74882
You can move stop loss higher if you prefer more room for the trade to breathe.
Belief: For God did not give me a spirit of fear, but of power, love, and a sound mind.
Rather this trade wins or losses, I pray God for the opportunity.
If you liked this analysis please like this analysis and share it with another fellow trader.
Much love,
Shaquan
EURNZD Long Term Buying Buying IdeaHello Traders
In This Chart EURNZD HOURLY Forex Forecast By FOREX PLANET
today EURNZD analysis 👆
🟢This Chart includes_ (EURNZD market update)
🟢What is The Next Opportunity on EURNZD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EUR/NZD BULLS WILL DOMINATE THE MARKET|LONG
Hello,Friends!
We are now examining the EUR/NZD pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 1.799 level.
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EURNZD Expected Growth! BUY!
My dear followers,
I analysed this chart on EURNZD and concluded the following:
The market is trading on 1.7624 pivot level.
Bias -Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.7891
Safe Stop Loss - 1.7488
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK