On the daily chart this pair is still bullish but we do have a lower high. As the H4 chart shows we seem to have formed a double top. Look at the recent PA within the equidistant channel and note how each bullish move is immediately followed by a bearish move of similar strength. IMO, the bulls are running out of steam. It is likely that the battle between the...
The rally of EURNZD is over. This pair could settle at 1.7172 in the near term.
EUR-NZD is about to Retest the horizontal resistance Of 1.779418 from where I Think the pair will Make a pullback !
EURNZD CHART ANALYSIS POSTED ON SUNDAY 11 JUNE 2023!!! Let's see how this pair will perform based on the analysis. Make sure you do your research and based on your confluence please look for the entry. Don't rush your trades without any confirmation. Thanks in advance for checking my trade idea.
On the 4 hour timeframe, we have a change of character (CHOCH) and BOS. Presently we are in a bullish correction targeting either the conservative or the aggressive entry. I favour the first conservative entry with targeted profit at the liquidity at 1.72.
EURNZD - 24h expiry Our short term bias remains positive. The lack of interest is a concern for bears. A move through 1.7525 will confirm the bearish momentum. The bias is to break to the downside. We look for losses to be extended today. We look to Sell a break of 1.7524 (stop at 1.7584) Our profit targets will be 1.7374 and 1.7354 Resistance: 1.7575 /...
Hello, everybody and welcome to BIGPAPA Forex, today we are going to be analyzing the EURNZD pair, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Hello traders! ‼️ This is my perspective on EURNZD. Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect price to continue the retracement to take liquidity below equal lows and then to reject from bullish order block + institutional big figure 1.71000. Like, comment and subscribe to be in...
Hello Trader, Here we have EURNZD which showed bullish strength last week and rallied into a daily order block. This daily order block is meant to cause a reaction in price i.e a reversal or retracement. What are order blocks you may ask: Order blocks in forex are price levels where institutions attempt to buy or sell a foreign exchange pair without potentially...
EURNZD - Intraday Short term momentum is bearish. Expect trading to remain mixed and volatile. A break of the recent low at 1.7633 should result in a further move lower. We look for losses to be extended today. Short term oscillators have turned negative. We look to Sell a break of 1.7623 (stop at 1.7683) Our profit targets will be 1.7473 and 1.7443...
31st May daily key reversal bar made a new high closed off the low. 1st June daily insurance bar further indication for weakness ahead. split risk by two positions by distributing risk equally half% each. stop loss 1.7850, target: 1.7280
EURNZD hrly short ⚠️ Half risk due to lack of volatility Shortstop @ 1.76904 TP #1 @ 1.76430 70.37% wr TP #2 @ 1.75885 50% wr SL @ Swing high 1.77520 25.93% hr WR and HR % Determined by past trades on this pair in this time frame. More systematic trades like this are on my Profile.
It's going to drop the EURNZD. But be Warned try to pull the Stop loss to break even level when bottom was broken.
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade ...
Hello guys. This pair made an abrupt move yesterday, creating a huge imbalance and I anticipate that the market might refill that. Entry point is 1.758, our target is 1.734 (based on 0.3 fib chart) and our stop loss is at 0.768 My target R:R for this trade is 1 : 2.2 Remember, risk only 1-2% of your account!
We. have a clear break of the trend line. Now we wait for the EMAs to cross for confirmation.
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle eye: The market structure is extremely bearish, with all yearly imbalance areas filled. There is a strong downward momentum, and a long wick candle on the yearly timeframe suggests further downside potential. Overall, the bearish sentiment prevails. 2:📆Monthly: The monthly timeframe shows a significant entry...
Most people bullish the pair it seems but I happen to agree with linofx1’s analysis on the 240hr tf that the paid has ran into resistance. Watching this broadening wedge pattern on the 15min which also has net divergence building on RSI…. Break to the downside on the wedge takes me short for run down to recent lows on the higher tf’s.