EURNZD 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?
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✅
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Preferred direction: BUY Comment: The bullish mood remains for the New Zealand dollar. We will most likely see growth here in the very near future. The focus is on level 0.61670 , which is expected to be broken in the very near future. However, the price is unlikely to go too high given the prevailing technical factors. Therefore, it is preferable to take...
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...
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.
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📉 Trade Idea: Bearish Continuation on NZD Pair 📉 Overview: This analysis focuses on a potential bearish continuation pattern for an NZD currency pair on the daily timeframe. 📅 Recent price action suggests further downside movement, and this trade idea aims to capitalize on that potential. 📉 🔍 Analysis Details: 1. Current Price Action: - The price has...
EURNZD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long EURNZD Entry - 1.7739 Sl - 1.7653 Tp - 1.7884 Our Risk - 1% Start protection of your profits from lower levels ❤️Please, support our work with like & comment!❤️
Preferred direction: BUY Comment: Buy-priority is also relevant for the New Zealand dollar . Most likely in the very near future we will once again go for maximum updates. The growth target is considered at the level of 0.61670. The most likely scenario, as we have outlined, is an increase from current prices (scenario №1). One can also consider growth...
Everything is on the graphic but here we have a potential great entry point for a long swing trade. Very tight risk to put size on the swing trade. Great Trade !
For this pair, the price indicates a dilemna momentum. According to the longer timeframes, a falling flag pattern is formed, which might be a strong indication of a bullish momentum. As for now, a head and shoulder pattern has been formed, and when the support line breaks, it might be a strong bearish momentum. Let us wait and see how it will turn out.
Hello 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...
Welcome back! Let me know your thoughts in the comments! ** EURNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
EURNZD has a very nice potential to drop lower. After a consolidation within a narrow range, the price violated a solid horizontal support cluster on a daily. The next support that I see is 1.771 It can be the next goal for the sellers. ❤️Please, support my work with like, thank you!❤️
My dear subscribers, EURNZD looks like it will make a good move, and here are the details: The market is trading on 1.7770 pivot level. Bias - Bullish My Stop Loss - 1.7708 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable V continuation. Target - 1.7875 About Used Indicators: The average true range ATR plays an important role in...
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