EURNZD I Continue long with 7840 support holding Welcome back! Let me know your thoughts in the comments!
** EURNZD Analysis - Listen to video!
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EURNZD
EURNZD Will Go Higher From Support! Long!
Please, check our technical outlook for EURNZD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.785.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.790 level soon.
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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EUR/NZD H4 | Potential bullish bounceEUR/NZD is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 1.7858 which is a pullback support.
Stop loss is at 1.7758 which is a level that lies underneath an overlap support.
Take profit is at 1.8063 which is an overlap resistance.
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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 Will Grow! Buy!
Take a look at our analysis for EURNZD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 1.795.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.822 level.
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.
Like and subscribe and comment my ideas if you enjoy them!
Potential bearish drop?EUR/NZD has broken out of the support level which is an overlap support and could drop from this level to our take profit.
Entry: 1.80152
Why we like it:
There is a pullback support level.
Stop loss: 1.81029
Why we like it:
There is a pullback resistance level.
Take profit: 1.78561
Why we like it:
There is a pullback support level that is slightly below the 50% Fibonacci retracement.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
EUR/NZD "EURO vs Kiwi" Bank Money Heist Plan on Bullish Side.Ola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
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Stop Loss 🛑 : Recent Swing Low using 2h timeframe
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EUR/NZD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
Bearish trend on EUR/NZD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.796.
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EURNZD trade idea(1:15 RR) EURNZD has shown a strong impulse upwards and the 7 day bullish streak might be indicating to overextension, as we are currently facing a major resistance level on the daily chart. In the mid August the price hit 1.86(VWAP high) and since then the price has made a weekly 3 wave impulse downward. October gave us a retracement and now its time for another wave downwards. We are targeting the lows of the past week making it 1:15RR. Keeping stops above recent highs.
This analysis is taught and provided by Fractals Trading.
Trade safely and expect the unexpected,
Mei
Potential bullish rise?EUR/NZD is falling towards the support level which is an overlap support that is slightly below the 23.6% Fibonacci retracement and could rise from this level; to our take profit.
Entry: 1.80832
Why we like it:
There is an overlap support level that is slightly below the 23.6% Fibonacci retracement.
Stop loss: 1.79799
Why we like it:
There is a pullback support level that aligns with the 61.8% Fibonacci retracement.
Take profit: 1.83665
Why we like it:
There is a pullback resistance level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
EURNZD | COULD BE A GOOD BUY Hey Traders! 👋
Keeping an eye on EURNZD for a potential buying opportunity! If we see a break above the current resistance, this setup could gain solid momentum to re-test the previous top level, and from there, the trade might climb further up as it pushes through this strong resistance zone.
🎯 TP1: 20-30 pips
🎯 TP2: 60-100 pips
🎯 TP3: 160+ pips
Please note, these ideas are shared for analysis purposes only. For more insights, feel free to check my profile—appreciate the support!
Bullish rise?EUR/NZD has reacted off the pivot which is a pullback support and could rise to the 1st resistance.
Pivot: 1.80692
1st Support: 1.7995
1st Resistance: 1.82253
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EUR-NZD Risky Long! Buy!
Hello,Traders!
EUR-NZD is trading in an
Uptrend and the pair made
A breakout and a retest
Of the key horizontal level
Of 1.8053 and is going up
Again so we are bullish
Biased and we will be
Expecting a further move up
Sell!
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Potential Upside for EURNZDTechnical overview:
The EURNZD currency pair has recently formed a head and shoulders pattern, and the price is currently at the neckline of this pattern as well as a significant resistance zone (1.8065-1.8160). If the price successfully breaks through this area, it could reach the specified price targets. However, if the price reverses downward from this zone, the first valid support level will be 1.78360.
Fundamental overview:
Considering recent geopolitical tensions that have driven the market toward risk-off sentiment, along with recent statements from the RBNZ, the NZD has weakened over the past month. If tensions continue to escalate in the coming days and weeks, we can expect this currency pair to increase further.
This analysis will certainly be updated after the price reacts to the resistance zone and neckline. Don’t miss the upcoming trading opportunities in this currency pair.
What are your thoughts on EURNZD ? are you bullish or bearish?