I've been watching EURNZD closely. It finished a "swing" and is now on a downward trend. If you find my insights useful, I'd be grateful if you followed and liked my posts.
Price is rising towards a resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.79858 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 1.80981 Why we like it: There is a pullback resistance...
Based on my previous analysis on 18th Feb 2024. I now see that EURNZD has completed the swing and starting to move lower. I am expecting a drop for around 500 pips.
My dear friends, Please, find my technical outlook for EURNZD below: The price is coiling around a solid key level - 1.7943 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.7991 Safe Stop Loss - 1.7910 About Used Indicators: The...
A glimpse of the EURNZD in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
Looking at the chart of EURNZD right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
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 1.783. ✅LIKE AND COMMENT MY IDEAS✅
EURNZD may bounce from a key intraday support. I see a double bottom after its test and a strong bullish imbalance on an hourly time frame. Goal - 1.805 ❤️Please, support my work with like, thank you!❤️
EUR/NZD is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.7978 which is an overlap support that lies above the 61.8% Fibonacci retracement level. Stop loss is at 1.7830 which is a level that lies underneath a pullback support. Take profit is at 1.8134 which is a pullback resistance. High Risk...
EURNZD - 24h expiry Bespoke support is located at 1.8000. A lower correction is expected. We look to buy dips. Expect trading to remain mixed and volatile. Daily signals are mildly bullish. We look to Buy at 1.7995 (stop at 1.7955) Our profit targets will be 1.8095 and 1.8125 Resistance: 1.8050 / 1.8090 / 1.8109 Support: 1.8000 / 1.7980 / 1.7935 Risk...
Hi fellow traders, EURNZD looks ready to make a move lower after completing the WXY correction in a flag formation. Target the 1,7143 level and move your stoploss to break even as soon as we reach the grey 'risk free zone'. Good luck and trade safe!
🕵️♂️ Let's analyze the EURNZD currency pair together and update our previous analysis. 🔍 In higher time frames, like other currency pairs, we are mostly in a ranging market, but this pair shows a slightly stronger inclination towards an upward movement. 🕓 In the four-hour timeframe, after hitting the daily resistance at 1.80951 and breaking the downtrend line,...
EURNZD 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...
The EURNZD has been in a strong a bullish trend across higher time frames. Our approach revolves around trend continuation, prompting us to seek entry points aligned with our predefined criteria based on price action analysis. In the presented video, we meticulously assess the prevailing trend, market structure, and price behavior, deliberating a prospective...
Hey team we are here to update about USDCHF. USDCHF is making the bullish flag pattern and ready for breakout. After this Breakout we can see gain upto 100Pips+ soon. Keep in touch we will update further soon.
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Watching for the break up Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL...
EURNZD daily chart is in a correction period. The price has a chance to test the support levels of 1.80483 and 1.80019. If the price cannot break through 1.80019, it is expected that there is a chance that the price will rebound. Consider buying a red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
The EUR/NZD pair on the M30 timeframe presents a potential buying opportunity due to the presence of a well-defined bullish channel pattern. This pattern suggests ongoing buying pressure and a higher likelihood of further gains in the coming hours. Key Points: Buy Entry: Consider entering a long position (buying) above the broken resistance level of the...