Looking for rejection off the 38.2 fib level (H4 EMA) or the 50 fib level (Daily EMA) to take this long
EURNZD break out of resitance, pushed up 170 pips, wait for retest and entry, potentially 600 pip swing
Good morning traders, today we bring you our bullish setup in the EUR/NZD pair along with its long-term analysis. 🔸As we see in the 4H chart, the price is in a great consolidation at the edge of the bearish channel. 🔸Regarding the corrective pattern, it is a clear A-B-C pattern, which we can now consider finished. 🔸If we draw the trendline of the corrective...
Hi it can be range initially but ultimately it will move towards the target areas... these are the important zones to consider Resistance: 1.7600, 1.7476 Support: 1.6611, 1.6526, 1.6325 please comment your ideas too
Hello,Friends! EURNZD is bullish right now and I think the market conditions are right for the move up Therefore, i think it is sensible to go long Like and subscribe and comment my ideas if you like them!
Here is our technical outlook on EURNZD. Our analysis is based on fundamental & technical metrics. According to our chart EURNZD is coiling on demand cluster. Based on our technical analysis the price will rise. Like & Comment Our Analysis, Please!
Here is our today's forecast on EURNZD. Our analysis is based on current fundamental situation. According to our drawing EURNZD is trading within a support. Based on our analysis the price will go higher to the underlined supply zone. Like, comment and subscribe to our TradingView Page.
We are trending up on the Monthly chart. We have rejected the Monthly -68 Fib and the Supply & Demand zone. Our main bias will be long as history repeats itself most of the time. If it breaks the Supply & Demand zone impulsively, i will switch bias from long to short.
At the moment, the EUR / NZD currency pair is trading near the global support level, which has more than once provoked a stop and a further rise in the price, which means this is a good zone for buying EUR / NZD in the medium term.
After a long fall, the price is at the support line of 1.64. This line was formed back in 2019! It has been around since the very beginning of the chart. Of course, there have been breakouts over the years, but the strength of the line has stopped the fall many times. I expect that the price will stop falling and start to grow. This is a very strong position to...
Let's get back to this pair. The last forecast was in early December and it came true. In August 2020, the price dropped from the resistance at 1.818. At the end of January 2021, it came to the support zone of 1.663. This zone consists of the 2015 support + line. The price started to rise in February. From the support zone, the price began to rise. Open a...
Here is our technical view for EURNZD. Our analysis is based on fundamental & technical metrics. According to our chart EURNZD reached a strong demand zone. Based on our analysis the price will start growing. Please, leave a comment and support us with like.
The weekly down trend channel has hit a strong resistance line. Noticed this little flag on the 1h so might be looking at a long break here
Go Long if the price break the neck line.
Hi there, this pair could go long, so observe the price action.
LONG EUR/NZD, ***IF there is a clear rejection around the current level, wich is on the 1,66500 monthly key level (psychological level) and it is also on the -27,20% level of the fibonacci taken on the weekly timeframe. There is a divergence in the market (pink lines on the chart and on the RSI), wich suggests a possible move to the upside. IMPORTANT : I am only...
Seeing that we are near the weekly support level and currently respecting the marked zone on the 4hr chart, I am anticipating a upwards correction to broken area shown above. Look for bullish momentum on 1hr to enter trade. OANDA:EURNZD