Eurnzdshort
EURNZD Sell a break setup.EURNZD - Intraday - We look to Sell a break of 1.5749 (stop at 1.5783)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Prices are extending lower from the bearish flag/pennant formation.
1.5755 has been pivotal.
Our profit targets will be 1.5654 and 1.5634
Resistance: 1.5800 / 1.5870 / 1.5900
Support: 1.5750 / 1.5730 / 1.5670
EURNZD short idealet's talk a bit of my least favourite pair out there ..
the pair has been bearish since 4th February , and the price have been making small corrections and printing more lows , price should keep dump even more with the break of 1.8576 , the main target is at 1.5664 .
so in general market structure is bearish in both higher and smaller time frames so I will personally look for intraday/scalp sells for now .
this is no signal but my own view of the market , make sure to do your own home work as well and always remember to use a proper money management .
EURNZD | Approaching to Support ZoneEURNZD has been in bearish trend and making lower highs and lower lows on daily timeframe. The current price action is approaching to support zone which were tested early in this month.
The another barometer for the bullish trend is the falling trendline.
Trade your levels accordingly.
EURNZD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Imminent break out EURNZDThe squeeze in price to the downside is clear and I expect price to breakout within the next few hours.
Initial target to the nearest swing low but depending on price action this could be adjusted much lower.
If you like my analysis, please give it a “thumbs up” and follow me to get immediate notifications.
Always use sound money and risk management in all your trades.
EURNZD | Support on Fib LevelEURNZD has given a reversal from 1.56400 level and move more than 600 pips from there. The pair has been retracing to fib level 0.382. We are expecting bulls will take charge from there and push the price to 1.64000 initially.
Alternatively, the bears will be active if it manages to break the support zone and trade below it.
Trade your levels accordingly.
EURNZD Sell a break of yesterday low.EURNZD - Intraday - We look to Sell a break of 1.6149 (stop at 1.6191)
A break of yesterdays low would confirm bearish momentum.
Daily signals are bearish.
There is no clear indication that the downward move
is coming to an end.
Our profit targets will be 1.6027 and 1.6007
Resistance: 1.6220 / 1.6250 / 1.6300
Support: 1.6150 / 1.6100 / 1.6030
EURNZD > Small Bearish Gartley Pattern!!Analysis on #EURNZD
The EURNZD forming a possible bearish harmonic bat pattern might Complete soon to provide a reason for entry.
I don't trade this time frame but here is what I would do if I did trade this TF.
>> I will wait for the market to come deep to my resistance level, look for a reversal confirmation, then look for a selling trade with a good risk to reward if the entry rules are met.
⚡ Be aware due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only*
EUR/NZD - SellWeekly:
1. Impulse
2. Brake of previous support
When I add fibonacci I see the price is not touch 38.2% yet for correction. Let's see what we have on lower timeframe.
Daily:
1. Impulse
2. Correction
3. Engulfing candle from 38.2% Fibonacci level
Looks very, very bearish and maybe will not see deeper correction to the monthly resistance.
4H:
1. Impulse
2. Correction
3. 3rd touch of trendline
4. Many engulfing candles
Looks nice for short from this level right now.
eur/nzd looking to collapse here we can see a nice uptrend that was broken on the lower time frame and the we have a Re-test of the breakdown and now looking good to get in with other confirmations i'm seeing we've also closed below a bullish ob that i was interested in!! Looking overall like its going to be a decent set up here
EURNZD (SHORT) 🔥🔥🔥Potential head and shoulders formation. This is an intraday setup. Act wisely!
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
EUR/NZD Sell Opportunity: Breaks Below Trendline Support This week on Tuesday, EUR/NZD dropped below the long-term trendline support ahead of RBNZ rate decision and monetary policy.
RBNZ expects a rise official cash rate from 0.75% to 1.00%. Despite a sharp downside in the global equity space on further escalating military tensions between Ukrainian and pro-Russia separatist/Russia forces and continued Russia/NATO tensions in the background, EUR/NZD has dropped below the critical trendline resistance level and creates a selling opportunity.
From the current zone, 1.6950 was the trendline support zone. Now it has become a trendline resistance. So, as long as EUR/NZD is below the trendline support, it still has chances to drop further.
The market expects RBNZ to rise 50BPS though RBNZ forecasted only 25 BP. Any surprise rate hike like 50BP or more will Send EUR/NZD 1.6500 price zone or more.
From the present rate, immediate support is identified is at the 1.6840 price zone. Breaking below 1.6840, our final target to the downside is 1.6500.