EUR/NZD Shows Bullish Rally with Potential for Long SetupThe EUR/NZD currency pair has been continuing its upward trend, with the main trend displaying a pattern of making higher highs and higher lows. In the last trading session, the price began a retracement, bringing the current value of the pair to approximately the 61.8% Fibonacci level, and it may potentially reach the 78.6% level. It's possible that during this phase, the market may experience a pullback in the direction of the main trend. Given these factors, our idea is to anticipate a long setup, as we believe that the upward trend will continue in the long term.
Eurnzd!!
Eurnzd BREAKOUT!!!! who else is SEEING this!!!!!!????💥💥A CONFLUENCE of TRENDLINE, PULLBACK zone and FIBONACCI retracement zone everything's stacked for a potential strong up move.
lets see whats gonna happen guys......
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EURNZD Technical Analysis and Trade IdeaIn this video we focus on the #EURNZD. We discuss different aspects evident on the chart including the trend, price action, price gaps, market structure, and a potential trade opportunity is covered. It is important to note that this is not financial advice and is meant for educational purposes only.
EURNZDThis pair is grossly overbought at these levels. And we could see throughout today or Thursday a significant drop in this asset to fill a liquidity void that it left below. Remember that it is a pending order.
Este par esta sumamente sobre comprado a estos niveles. Y podriamos ver a lo largo del día de hoy o el jueves una bajada significativa de este activo a rellenar un vacio de liquidez que dejo mas abajo. Recuerda que es una orden pendiente.
EURNZD 26/APR/2023Based on recent price action, EURNZD has formed a bullish channel pattern.
Last week, the price breakout from the resistance area of the bullish channel, indicated a strong buy signal.
This week, there is a possibility of price correction and the price retraced, but still managed to find support in the bullish region.
The stochastic 5,3,3 indicator has crossed below the oversold value, supporting the bullish sentiment.
False breakout is still possible and the price may return to the bullish channel area.
Strong Bullish Momentum for EUR/NZD - Potential for Long Setup.The EUR/NZD is currently exhibiting robust bullish momentum, characterized by lower highs and higher highs occurring within a bullish channel. In a recent development, the price underwent a retest of the bullish trendline channel last Friday, followed by a subsequent higher high. Our analysis suggests that this strong momentum of the EUR may persist, with the price potentially reaching the next hurdle in the resistance area of 1.8000 and 1.8050. We are therefore considering a long setup in light of these observations.
EURNZD intraday dips continue to attract buyers.EURNZD - 24h expiry -
Intraday dips continue to attract buyers and there is no clear indication that this trading sequence is ending.
Our short-term bias remains positive.
We look to buy dips.
50 4-hour EMA is at 1.7623.
Bespoke support is located at 1.7640.
We look to Buy at 1.7645 (stop at 1.7595)
Our profit targets will be 1.7765 and 1.7785
Resistance: 1.7800 / 1.7816 / 1.7840
Support: 1.7730 / 1.7700 / 1.7640
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EUR/NZD On The Rise! BUY!
My dear friends ,
EUR/NZD looks like it will make a good move, and here are the details:
The instrument tests an important psychological level 1.76544
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 - 1.77508
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
EUR/NZD BULLS WILL DOMINATE THE MARKET|LONG
Hello,Friends!
EUR/NZD is making a bearish pullback on the 2H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 1.768 level.
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EURNZD SHORT 4H TF1H TF: Bearish crossover in the RSI and MACD EMA.
4H TF: Price is currently testing resistance, I expect price to reject it having tested it previously and unable to break it.
Daily & Weekly: Price is at the top of a price channel and is testing the upper trend line. I expect a short term pullback.
Monthly: Price is bullish and I expect price to keep going up.
EURNZD DAILY CHART PROJECTIONDon't MISS!
After collecting our data from the weekly timeframe, price initially was in a downtrending market and we had a success break of structure so we expected that the market will change it's direction from downtrend to uptrend of which it did.
The current trend to the upside which is visible on the DAILY timeframe, we can regard that as our Impulsive trend/move. Within this move, price is making a valid uptrend creating HIGHS and LOWS . The impulsive trend is currently moving rapidly which broke the resistance level (Check the arrow).
Our anticipated overall price target is @1.82000 level
As we all know, price is not just going to fly there, it's going to create a trend to get to the final target. So we're expecting price to make a new low to @1.73500 to @1.72000 level then we will look for a bullish confirmation.
TRADES OPPORTUNITY
I am currently watching this market closely and we will look at the smaller timeframe so we have a confirmation for a short sell. Join my channel to not miss this opportunity
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EURNZD 1.769640 +0.94% DAILY BRAKDOWN FOR THE WEEKHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GREAT WEEKEND.
HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT ON THE EURO/ NZD IN THE COMING WEEK.
EUR/NZD CLOSED LAST WEEK WITH SOME STRONG MOMENTUM TOWARDS THE UPSIDE SIGNALLING.
* We have break of structure to the upside.
* Weekly OB to be mitigated.
* Looking for some correction towards the downside for my bias to be bearish towards the FVG Before continuation.
- The pair could just continue bullish this week.
- For the trade to be active i need a Tap into the bullish OB
* If we break below and close under the OB trade is invalidated just as if we continue on a bullish rally
- TARGET would be the WEEKLY OB.
lets see how it goes.
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LOVELY TRADING WEEK TO YOU!
EUR/NZD BEARS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
We are going short on the EUR/NZD with the target of 1.748 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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