Eurnzd!!
EUR/NZD BEARISH BIAS RIGHT NOW| SHORT
Hello,Friends!
EUR/NZD pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 1H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.801 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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EURNZDEURNZD is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 1.7945 region.
What you guys think of this idea.
EURNZD: Nice Shorting Opportunity 🇪🇺🇳🇿
EURNZD broke and closed below a key horizontal support last week.
We see its retest now.
The price was consolidating for some time within a narrow range on the hourly time frame within the broken structure. The support of the range was broken then.
I believe that the pair will keep falling.
Goals: 1.801 / 1.796
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EURNZD ____ INCOMING BEARISH AND BULLISH MOVEHello Traders,
Here is a pair that has the potential to provide a bearish move and a bullish long-term rally.
The bearish move will likely complete the retracement on the weekly chart and once the price has traded into the weekly order block, I speculate that the rally will aim to sweep the trendline liquidity that has built up.
Follow for more updates.
Cheers,
Jabari
EURNZD : Short Trade , 4hHello traders, we want to check the EURNZD chart. The price is moving in a descending channel and has pulled back to a key level that the price has reacted to several times in the past. We expect this level to act as a resistance level and the price will fall to around 1.79400. Good luck.
TIME TO BUY THE EURO? Is the Euro under-priced? The ECB raised rates this week. The Euro fell.
The market has priced in this week's rate hike as the last. It thinks the ECB is done.
Judging by current Euro Area inflation, there are more rate hikes to come.
What does this mean? A stronger Euro, which is not currently priced in.
Keep an eye on Euro Area inflation figures. If inflation continues to be sticky or unexpectedly rises, EUR pairs may rally. Possible explosive upside.
In my opinion, the ECB is not done with their rate hiking cycle yet. There is more to come.
eurnzd signal buy. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Update
EURNZD Technical Analysis! BUY!
My dear friends,
EURNZD looks like it will make a good move, and here are the details:
The market is trading on 1.8023 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.8163
Recommended Stop Loss - 1.7939
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURNZD - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on EURNZD.
Technical analysis: Here I said in my previous analysis that price will continue the retracement from daily perspective, now I look to open a short position if price makes a retracement to fill the imbalance higher and then rejects from bearish order block + institutional big figure 1.81000.
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EUR/NZD Giving Amazing Bullish P.A , Can We Buy It Now ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EUR/NZD BEARS ARE GAINING STRENGTH|SHORT
Hello,Friends!
We are now examining the EUR/NZD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 1.807 level.
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EURNZD: Intraday Bullish Reversal 🇪🇺🇳🇿
EURNZD reached a strong horizontal support on Monday.
The price formed and inverted head and shoulders pattern on that,
bounced and violated a solid falling trend line.
It is an important sign of strength of the buyers.
The market may keep growing now.
Next resistance - 1.8274
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EURNZD - Trend-Following Setup ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
EURNZD has been overall bullish trading inside the rising channel in red and it is currently approaching the lower bound / red trendline.
Moreover, the zone 1.8 is a strong support.
🏹 So the highlighted red circle is a strong area to look for trend-following buy setups as it is the intersection of the blue support and lower red trendline acting as a non-horizontal support.
As per my trading style:
As EURNZD approaches the lower red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURNZD Will Go Up From Support! Long!
Take a look at our analysis for EURNZD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.814.
Considering the today's price action, probabilities will be high to see a movement to 1.832.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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EURNZD: Long Signal Explained
EURNZD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long EURNZD
Entry Point - 1.8112
Stop Loss - 1.8012
Take Profit - 1.8322
Our Risk - 1%
Start protection of your profits from lower levels
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EURNZD Is Going Up! Long!
Please, check our technical outlook for EURNZD.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 1.817.
The above observations make me that the market will inevitably achieve 1.825 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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