EURNZD SELL SETUPWith the break of structure here on the daily price is still in a downtrend. Will be looking for another opportunity on the pull back or retest!Shortby TheForexWave1
EURNZD - SELL NZD has been strong against EURO for the last month and Target Oreder Block is Below spotted by my Kean Eye Tue 21st May : ) Support has been broken Pulled back into FVG Momentum Candle in play Key Points May 22, 2024: Reports emphasized the New Zealand Dollar's strength against the Euro, driven by New Zealand's economic performance and higher interest rates. May 23, 2024: Analysis indicated continued bearish sentiment for EURNZD due to Eurozone economic concerns and New Zealand's favorable trade balance. NZ WIns : ) Shortby NZ_Shareman2
EURNZD Technical analisisEURNZD even the eurnzd pair is at the bottom of the ranges , it has a clear downtrend path on the higher timeframes as the european currency indexes are showing the lack of the standard retracements that are one of the strongest TA indicators that exists on the marketsLongby AdriaFX224
buy #eurnzd at 1.7980 and take profit at 1.8102 ratio 1:3buy #eurnzd at 1.7980 and take profit at 1.8102 ratio 1:3 is a trade idea as $nzdemployment data made big miss and were so bad but since #nzdusd #eurnzd #gbpnzd outperform on #nzd side while shoulf be the opposite so i try this trade. may market wanna put off all retail trader may copper are up so much that boost nzd for now i see 0 reason why nzd outperform after the so bad employment data so i try with eurnzd but may better gbpnzd..only nzdjpy gone in good way but coz boj interventionLongby corsicasiaUpdated 2
EURNZD- Possible Reversal?EURNZD has completed the AB=CD pattern. At PRZ it has created bullish divergence. There is no continuation pattern for price to go further down. At indicated entry point, the price will also break the bearish trendline adding further confluence to the expected upside moveLongby arsalankhan93941
EURNZD What Next? BUY! My dear friends, My technical analysis for EURNZD is below: The market is trading on 1.7713 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.7827 Recommended Stop Loss - 1.7636 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK Longby AnabelSignals335
EURNZD Massive Long! BUY! My dear subscribers, This is my opinion on the EURNZD next move: The instrument tests an important psychological level 1.7709 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.7821 My Stop Loss - 1.7645 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 114
EURNZD to continue in the downward move?EURNZD - 24h expiry Our short term bias remains negative. Preferred trade is to sell into rallies. 50 4hour EMA is at 1.7784. The sequence for trading is lower lows and highs. Expect trading to remain mixed and volatile. We look to Sell at 1.7785 (stop at 1.7835) Our profit targets will be 1.7665 and 1.7635 Resistance: 1.7760 / 1.7785 / 1.7820 Support: 1.7725 / 1.7700 / 1.7655 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Shortby OANDA1
EURNZD - See an opportunity to move up If the price moves below the support area, I see a further drop down to 1.60000. 800+ pips. If the price breaks above the 1.67000 level, we could see this trade move up. Intra / swing Longby Ismoo078Updated 3
EURNZD - SELL LIMIT Price is bearish and showing a beautifull corrective move to the upside. Price formed some liquidity yesterday and today to be taken and there is a Daily imbalance + 1h imbalance to be tested right above that liquidity. Expecting price to take that liquidity and react from these area of stacked imbalance, showing an impulsive move to the downside. Shortby moneyconceptfx2
EURNZD Potential DownsidesHey Traders, in today's trading session we are monitoring EURNZD for a selling opportunity around 1.77500 zone, EURNZD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.77500 support and resistance area. Trade safe, Joe.Shortby JoeChampion4
EURNZD long from Discounted PriceHello Traders! EURNZD has been moving correctional to the downwards for few weeks. Technically, as we approach our Discounted Price there is major liquidity was left above and not retested but before going long, market need to induce completely as some trades still have running trades from 1D demand zone. Demand Zone 🇪🇺🇳🇿 @1.75864 Reasons: - Order Block (4h) - Fibo 79.0 - Imbalance - Liquidity - Inducement GOODLUCK!Longby undaba112
EUR/NZD - It´s comming.. It had an excellent SH before the fall... To the naked eye it can go through that marked area. Wait patiently for your entry model, then mercilessly run daddy !!!! Keep it Simple! If you liked it, don't forget to follow me! :) Shortby DAISTRUM0
Potential bullish bounce?EUR/NZD is falling towards a support level which is an overlap support that lines up with the 161.8% Fibonacci extension and could bounce from this level to our take profit. Entry: 1.76311 Why we like it: There is a pullback support level which lines up with the 161.8% Fibonacci extension. Stop loss: 1.75413 Why we like it: There is a pullback support level which aligns with the 61.8% Fibonacci projection. Take profit: 1.78190 Why we like it: There is a pullback resistance level that lines up with the 50% Fibonacci retracement. 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.Longby VantageMarkets4
FURTHER SHORTS ON EUR/NZDEUR/NZD 1D - This market has been respecting areas of Supply for quite some time now and we have recently seen price trade us up and into an area and reject nicely giving us this new bearish leg. If you look to the left of this analysis you will see that price did in fact trade into a higher timeframe area of Supply where once penetrated delivered us with enough Supply to actually break structure to the downside. This suggesting a higher timeframe move to the downside, allowing us to use this as our bias and find areas of interest where we could look to take this market short from. I have gone ahead and marked out a fractal area of interest for us, the zone I have marked out represents a Supply Zone via a hidden order block. I would love to see price trade into this and deliver us with another bear run, allowing us to get involved in this market at a better price with a more refined entry.Shortby Lukegforex2
EUR/NZD SHORT FROM RESISTANCE Hello,Friends! Previous week’s green candle means that for us the EUR/NZD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.770. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 112
EURNZD - BEARISH RISING WEDGE 📉Hi Traders ! The EURNZD Failed To Create a New Higher High ! The Price Formed a Rising Wedge Pattern. The Support Line is Broken! So, I Predict a Bearish Move 📉 -------------- TARGET: 1.77090🎯Shortby Hsan_BenhmedUpdated 101010
EURNZD LONGThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify anyLongby akmalsabran903
EURNZD Potential DownsidesHey Traders, in today's trading session we are monitoring EURNZD for a selling opportunity around 1.78600 zone, EURNZD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.78600 support and resistance area. Trade safe, Joe.Shortby JoeChampion5
EURNZD - Seize Profitable Opportunity with Anti-Shark PatternEURNZD is currently exhibiting the formation of an Anti-Shark Harmonic Pattern (XABCD) coupled with the presence of a significant Trendline, indicating potential bearish momentum on the horizon. This analysis delves into the technical factors influencing the currency pair's movement and proposes strategic entry and exit points for traders to consider. Pattern Identification: Anti-Shark Harmonic (XABCD) with Trendline Confluence The observed Anti-Shark Harmonic Pattern (XABCD) on the 1-hour time frame suggests a potential reversal in the prevailing trend. This pattern comprises distinct points: X, A, B, C, and D, with Point D marking a crucial juncture for market participants. Additionally, the convergence of a Trendline further emphasizes the significance of Point D as a potential turning point. Key Levels: Resistance Identified Point D aligns strategically with a key resistance level, reinforcing the likelihood of bearish pressure manifesting from this point. Traders should remain vigilant as price action nears this critical area, as it often serves as a catalyst for significant market movements. Entry Strategy: Entry: 1.80900 Stop Loss: 1.81370 A prudent entry point at 1.80900 aligns with the anticipated bearish momentum following the completion of the Anti-Shark Harmonic Pattern. To mitigate risk, a stop loss set at 1.81370 provides a buffer against adverse price fluctuations, safeguarding capital in the event of unexpected market developments. Take Profit Targets: TP-1: 1.80400 TP-2: 1.79900 TP-3: 1.79436 Strategically positioned take profit targets offer traders opportunities to capitalize on potential downward movements. These targets, set at 1.80400, 1.79900, and 1.79436 respectively, correspond with key support levels where price action may encounter barriers or exhibit signs of reversal. Conclusion: In conclusion, the technical analysis of EURNZD on the 1-hour time frame indicates a favorable setup for bearish trading opportunities. With the formation of an Anti-Shark Harmonic Pattern and confluence with a Trendline, coupled with the proximity to a key resistance level, traders are advised to consider short positions with careful risk management. By adhering to the outlined entry, stop loss, and take profit levels, traders can navigate the market dynamics with greater confidence and precision.Shortby trading_jupiterUpdated 1717566
EURNZDEURNZD is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?by JustTradeSignals111
Heading towards 61.8% Fibonacci resistance?EUR/NZD is rising towards the pivot which has been identified as a pullback resistance and could potentially reverse to the 1st support. Pivot: 1.78614 1st support: 1.76772 1st Resistance: 1.79606 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. Shortby ICmarkets7
EUR/NZD For Bearish after finishing correction wavewe have two scenario first : take the correction wave by go long now and out after creating lower high (LH) in red arrows or between fibo level (50:61) and then out second: wait for end of correction wave and creating lower high (LH) in red arrows or between fibo levels (50:61) and then go short and take any targets i personally take low size trade for first scenario and double size lot for second scenario - General Trend is Down - we have Change of Character so trend will be reverse direction from up to down trend Have Fun :) Shortby maxbayne1