In this video we focus on the #EURNZD. We discuss different aspects evident on the chart including the trend, price action, price gaps, market structure, and a potential trade opportunity is covered. It is important to note that this is not financial advice and is meant for educational purposes only.
EURNZD recently bounced off the broken resistance turned support and continued rising steadily.
Price is approaching strong resistance at 1.80670 from where we can expect a rebound.
Recommendation: Buy Limit orders at around 1.77350.
Waiting for a pullback into 1.77437 to long EURNZD back back up to daily key and psychological level at 1.80000
If you agree drop a like and if you have any questions leave a comment :)
EURNZD - 24h expiry -
Intraday dips continue to attract buyers and there is no clear indication that this trading sequence is ending.
Our short-term bias remains positive.
We look to buy dips.
50 4-hour EMA is at 1.7623.
Bespoke support is located at 1.7640.
We look to Buy at 1.7645 (stop at 1.7595)
Our profit targets will be 1.7765 and 1.7785...
the price still in a strong up movement however if you an see clearly the price touch a strong resistance that means he can reject from it what we need to do is wait if the price breaks this level and retest with a price action green candles confirmation and we can go long if this didn't happen then our entry will be canceled
#EURNZD
Currently, according to the CURRENTLY STRENGTH, the EUR is slightly UP. The reason is that ECB RATE HIKE SENTIMENT is PRICE. The ECB is getting HAWKISH. Also, the NZD is going up a bit more than the EUR right now. Due to the OVERALL MARKET RISK ON, COMMODITIES are going up a bit, so NZD is going UP.. Due to this, EURNZD is going down a bit.
EURNZD...
Price is in an expanding chart pattern and price created a falling wedge inside the expanding chart pattern. Looking to go long after retest of that support and resistance zone, which will become support after the retest.
EURNZD -
Price action continued to range between key support & resistance (1.7300 - 1.7440) although we expect a break of this range soon.
The bias is to break to the upside.
The primary trend remains bullish.
A lower correction is expected.
We look to buy dips.
24h expiry - We look to Buy at 1.7322 (stop at 1.7272)
Our profit targets will be 1.7442 and...
#EURNZD
Currently, according to the CURRENTLY STRENGTH, the EUR is slightly UP. The reason is that ECB RATE HIKE SENTIMENT is PRICE. The ECB is getting HAWKISH. Also, the NZD is going up a bit more than the EUR right now. Due to the OVERALL MARKET RISK ON, COMMODITIES are going up a bit, so NZD is going UP.. Due to this, EURNZD is going down a bit.
EURNZD...
Hello traders!
‼️ This is my perspective on EURNZD.
Technical analysis: As we can see here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalance lower and then to reject from bullish order block, also I will look for a confirmation on lower timeframe.
Like, comment and...
EURNZD - Intraday -
Trend line support is located at 1.7030.
We look to buy dips.
We look for a temporary move lower.
Daily signals are mildly bullish.
50 1day EMA is at 1.7026.
We look to Buy at 1.7029 (stop at 1.6974)
Our profit targets will be 1.7159 and 1.7179
Resistance: 1.7200 / 1.7270 / 1.7300
Support: 1.7025 / 1.7000 / 1.6970
Risk...
