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Euro / New Zealand Dollar

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EURNZD trade ideas

EURNZD / H1 / SHORTEURNZD may experience a downfall from the Bearish Order Block Bearish Order Block: 1.79619 and 1.79393 EURNZD is nearing the Bearish Order Block, and there is a high probability that the price will drop after touching this level. Let's see how the price reacts, but the chances for a downward movement are strong. I’ve used the Smart Money Concepts (SMC) strategy to analyze this chart. Entry price :- 1.79568 Take profit :- 1.78876 Stop Loss :- 1.80260
Short
by PraveenTrader1
EUR/NZD's Bullish Signal: Targeting 1.84 with Strong Risk-RewardAfter hitting a local low near the 1.75 zone earlier this month, OANDA:EURNZD reversed to the upside, beginning its first leg of recovery and surpassing the key 1.80 level. Over the past two weeks, the pair has been in a phase of correction and consolidation, hovering just below this important resistance. However, yesterday’s strong bullish move may signal the end of this consolidation phase. Looking ahead, I anticipate a new leg up, with the potential for the price to retest the 1.84 resistance level. For traders, positioning with a stop-loss placed just below the recent low offers a compelling 1:4 risk-to-reward ratio.
Long
by Mihai_Iacob
6
EURNZD FORECASTEURNZD Is the pair that I had In the list for a long time just looking how structure develops, to me this pair still has the potential to drop but I just look for the confirmation of the price action before I make decision to enter the trade. Confirmation is key guys, and waiting for confirmation is the something that you need to develop as a trader. Don't jump to the trades early by being trapped by moving impulsive candles which at the end of the day ends to close as the candle wick.
Short
by Richard_Mkude
EUR/NZD Long FROM SupportHello Traders In This Chart EURNZD 4 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
Long
by ForexMasters2000
EURNZD LONGStructural bias at the moment is to the upside from my point of view, and currently an inverse H & S pattern is partly formed.. Although i missed the initial entry opportunity as price retested the AOI previously. But i believe price will try to take part in another retest of that same AOI probably when price experience a rejection from the resistance line. Either way finger crossed.. For my choice of take profit level, its a very strong idea i have no doubt price will smash it, and after that ill see how price reacts and will decide if take profit 2 level which is the next resistance area will be hunted.
Long
by Femi_Forex
2
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Long
by Thief_Trader