My last forecast for this pair was on October 6th. Let me remind you that then we analyzed that the price entered a small channel and broke through the support zone and after that growth to the upper border of the channel - the resistance line. Now we see that the price continued to move in the channel. Also, there is a strong support line near the lower...
It is very clear that en is in a up trend , after touching the bottom of the channal, I expect a push and growth from it. Target- price control level
The price has hit the bottom of the trend line and is most likely to go up again. I think we might see a wedge get formed in near future (white line). Good luck and stay safe!
Last week I gave an analysis of EURNZD which went exactly as planned. This week I am looking for another entry if we could get another rejection of this trendline/horizontal support, targeting the upper trendline.
Hello Traders! On EURNZD I see two possibilities. That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions. Thank you and we will see next time - Darius.
🔸 4H CHART EXPLANATION: . . 🔸We consider that most of the EUR pairs have a bullish output in the short term. . 🔸In this case, we can observe that price bounced at the Support Zone and broke the Descending Trendline. . 🔸It is consolidating on a corrective structure, and we are waiting for a bullish breakout here. . 🔸 If that happens, then we consider that it has...
The price entered a small channel and broke through the support zone. Now I am expecting growth to the upper border of the channel - the resistance line. Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
Inverse Head & Shoulders Forming. BUY for 550 PIPS. Wait for price to get to 1.75560 then take a BUY Please hit the like & Follow button to support more analysis
EURNZD - Looks like that wave B finished and are now making wave C. Ideal termination point would be 1.766.. If price stops and starts reversing from that level we should buy in.
🔸 4H CHART EXPLANATION: . . 🔸Price bounced at the Daily Support Zone. . 🔸It has broken the Descending Trendline. . 🔸We need a breakout of the Resistance Zone to confirm the bullish view. The potential target is the next Resistance level at 1.8200. . 🔸 Will look for a lower timeframe bullish setup. 🔸 DAILY CHART ANALYSIS:
Strong horizontal and trendline support at 1.76120. We gotta be patient with this pair, and wait for the price to test the support area, and if it holds and shows signs of bullishness it's a great trade to enter. If you have any questions, comment below. Will post an update next week.
Hi guys im showing you today that stop loss are very important tool to help us set gauge when to stop in EURNZD trade. Also these are great factor to determine how much risk you ganna put, how much risk reward you ganna take, and how logical you ganna put it in the sense its not to tight and too wide. Hoping you'll be profitable :D. Comment down your suggestion...
🔸 4H CHART EXPLANATION: . . 🔸Price made a double bottom pattern and started an upside move. . 🔸It has broken the Descending Trendline. . 🔸Now, it has broken the Resistance Zone, so, we consider that this pair has bullish potential towards the next Resistance at 1.8200. . 🔸 Will look for a lower timeframe bullish setup. 🔸DAILY CHART ANALYSIS:
The price is now on the support line. And in the future, I expect the price to rise to the resistance line. Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
Third touch of Daily trend line. Lets see if price action help us determine if we can finally push for next zone.
At the beginning of the month, the price came to the resistance line. Then she pushed away from her. I expect the price to rise. The target is the support line 1.830. Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻