Extended long term range (~10 months), at top of range in consolidation for last month. Slowly getting into a short position. I expect this to be a longer trade. M: W: D:
Price at a decision point on this pair, currently testing a supply zone underneath trendline resistance. From here will be watching for a break to the upside or rejection back to the downside. Big day for NZD today & tomorrow with interest rates that will fuel & bigger move on this pair since price has been ranging & is holding a lot of momentum.. Be patient &...
This is my personal analysis on EURNZD not a signal to take trades i will not be responsible for any money lost.
Based on previous behavior, price may be rotating back down to the reddish line, which would be for 70 pips if reached and if stopped out -35 pips.
Pattern completed and seems like it is respecting the RPZ levels
EURNZD seems like it is forming a bullish Pennant, indicating a move higher. Also there is a Bearish Butterfly Pattern completing higher. Also EURUSD at support now, All indicating that EURNZD could go higher
Technical Analysis: Pair now: 1 - faces historical resistance on the daily Frim dating back to more than 7 months and was a very strong area to drop the pair from her strongly and during the previous two months the husband fell in Hungary to touch these levels 2. The pair is in resistance areas located at 88.0-78.6 Fibonacci levels on daily basis 3 - very...
basic short setup coming into play again.
EURNZD, Forecast On H4--> Up !
Currency Pair: EUR.NZD Time Frame: Daily, 4hr, 1hr & 5min Predicted Direction: Short EUR.NZD updates will be available in the comments section below. The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Short to 1.704 then long to top
Euro Forex Thoughts Going Into Next Week
Price testing the top of the triangle pattern / resistance. Will be watching for a break & retest for a push to the upside tonight. MA's crossover showing bullish momentum building up as well
EURNZD forming clear Bullish descending triangle. long on Breakout .