EURNZD is currently exhibiting the formation of an Anti-Shark Harmonic Pattern (XABCD) coupled with the presence of a significant Trendline, indicating potential bearish momentum on the horizon. This analysis delves into the technical factors influencing the currency pair's movement and proposes strategic entry and exit points for traders to consider. Pattern...
As idle cash looks to find a strong and secure yield, it is no wonder that the New Zealand Dollar has benefited from the current Euro-Zone crisis. Pairs such as the Australian Dollar and New Zealand Dollar are often viewed as a proxy for Chinese growth and thus have performed well against the Euro in recent years. Although Chinese growth may become a cause for...
The EUR/NZD trend appears to be ranging between 1.81100 and 1.79800. Currently priced around 1.80400, I strongly believe that the price will once again reach the upper level of 1.81100. Buying at the current price and setting a target range around 1.80948 seems safe.
wait for zone, price not in zone? No Entry This is a setup for a long position, the analysis provides for a swing on EURNZD, wait for price to push down to the marked zone and watch out for candlestick rejections in the zone, then hop on the trend.... Happy Pippin'
Price is trading within a triangle. A breakout to the upside will open the way to 1.81310 while a break of the support will propel the price towards 1.79430
🕵️♂️ Let's analyze the EURNZD currency pair together and update our previous analysis. 🔍 In higher time frames, like other currency pairs, we are mostly in a ranging market, but this pair shows a slightly stronger inclination towards an upward movement. 🕓 In the four-hour timeframe, after hitting the daily resistance at 1.80951 and breaking the downtrend line,...
EURNZD daily chart is in a correction period. The price has a chance to test the support levels of 1.80483 and 1.80019. If the price cannot break through 1.80019, it is expected that there is a chance that the price will rebound. Consider buying a red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
Quick Summary As we know on my last post EURNZD was buying. Another zone has been reached with opportunities of more buy entries. An upcoming push to the upside will come in the upcoming days. With the already formed ascending triangle that has been made on our 1.80860 resistance we have a strong continuous up movement to look forward to.
Market Structure Bullish on HTF Weekly Engulfing Candle Previous Weekly Structure Point Weekly and Daily AOI in the same area Weekly Rejection at AOI Previous Daily Structure Point Daily Rejection at AOI Around Psychological Level 1.80500 H4 Rejection at AOI Strong Support Level REMEMBER: Trading is a Game Of Probability : Manage Your...
Hi fellow traders, EURNZD looks ready to make a move lower after completing the WXY correction in a flag formation. Target the 1,7143 level and move your stoploss to break even as soon as we reach the grey 'risk free zone'. Good luck and trade safe!
Hello Traders, I hope every one is doing good. On EUNZD Im expecting a down trend, it's on the very strong resistance and we you check your H1 yiu can see some reversal candles, so I'll be monitoring dc pair dc week. NB:NO REVERSAL PATTERN NO ENTRY.
- EURNZD was trending bullish with HH and HL forming. - bearish divergence has been observed. - Lately, Head and Shoulder pattern has been observed on hourly time frame. - Possible reversal of trend is imminent with confirmation from break of neck line.
A Head and Shoulder pattern has been observed on EURNZD on the 1 hour time frame, following Bearish Divergence earlier, hence confirming a trend reversal, if the price breaks through the neckline. Trade Call: Short Entry: 1.79589 (Sell Stop) SL: 1.80519 TP1: 1.78689 TP2: 1.77789
The EUR/NZD pair on the M30 timeframe presents a potential buying opportunity due to the presence of a well-defined bullish channel pattern. This pattern suggests ongoing buying pressure and a higher likelihood of further gains in the coming hours. Key Points: Buy Entry: Consider entering a long position (buying) above the broken resistance level of the...
The EURNZD has been in a strong a bullish trend across higher time frames. Our approach revolves around trend continuation, prompting us to seek entry points aligned with our predefined criteria based on price action analysis. In the presented video, we meticulously assess the prevailing trend, market structure, and price behavior, deliberating a prospective...
welcome here is my eurnzd short idea its based on a overall bearish market price trading under 50% fib level of monthly and weekly candle price trading under all emas , weekly pivot and creating lower lows steadly lets see if we can ride a bear wave here
Looking for Reversal upside as i forecast, wait and Watch price. Use lower TF for entry.
Hello,Friends! Previous week’s green candle means that for us the EUR/NZD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.783. ✅LIKE AND COMMENT MY IDEAS✅