EURNZD is currently in an ABC correction. We've completed wave B and now we're in wave C. The completion of wave B can be used as a strict invalidation level for our short play. We can use a channel to gauge the target for wave C, which happens to be the -27 fibonacci extension of wave A. Trade Idea: - Watch for a correction to appear - Enter on break of...
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...
✅EUR_NZD has retested A strong key support level Of 1.786 and we are already Seeing a rebound so a Further move up is To be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
FX:EURNZD expected to reject from current key level and continue the bullish trend. However, there is a risk involved as price may drop between the marked two blue lines and rebound strongly from that region. Although, there is another possibility is that price can create AB=CD pattern and if it does follow that route then price can touch our second blue line...
EURNZD Analysis: Support Level: Anticipating a pullback to the area around the 1.76800 support level, suggesting a potential buying opportunity. Confirmation: Look for confirmation on a lower timeframe, such as a bounce or a reversal pattern, to validate the buying hypothesis. Keep a close eye on price action for potential entry points and risk management.
EUR/NZD could fall towards a multi-swing-low support and potentially bounce off this level to climb higher. Buy entry is at 1.7860 which is a multi-swing-low support. Stop loss is at 1.7830 which is a level that lies underneath a multi-swing-low support. Take profit is at 1.7959 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement...
🕵️♂️ Let's delve into the analysis of the EURNZD forex pair and uncover potential entry points. 🔄 On higher time frames such as weekly and daily, we're witnessing oscillations between smaller boxes, indicating a relative price range between the Euro and the New Zealand Dollar. 🎯 However, these fluctuations on lower time frames provide us with suitable positions...
EURNZD - 24h expiry Price action is forming a bearish flag which has a bias to break to the downside. Trend line resistance is located at 1.7960. Rallies should be capped by yesterday's high. We look for a temporary move higher. Risk/Reward would be poor to call a sell from current levels. We look to Sell at 1.7950 (stop at 1.8000) Our profit targets will...
Hey Traders, in today's trading session we are monitoring EURNZD for a selling opportunity around 1.79900 zone, EURNZD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.79900 support and resistance area. Trade safe, Joe.
Hello Traders In This Chart EURNZD 4 HOURLY Forex Forecast By FOREX PLANET today EURNZD analysis 👆 🟢This Chart includes EURNZD market update) 🟢What is The Next Opportunity on EURNZD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
EURNZD is near the resistance at 1.79500, where price dropped before. It is trading in the consolidationg zone following sell off on the 4 hourly chart. There's a nice confluence zone to short at the resistance level, 78.6% fibo level and bearish harmonic pattern. We expect a bearish move from the confluence zone. ------------------- Share your opinion in...
📉 🚀 EURNZD Market Update: Bearish Momentum with Technical Targets 🎯💼 Forex Traders, key insights on EURNZD: OANDA:EURNZD 📉 Trend Breakdown: EURNZD has experienced a breakdown from its upward trend, marked by a strong bearish candle. This move indicates a potential shift in market sentiment towards the downside. 🔄 Retracement and Support: After breaking...
EURNZD - 24h expiry Daily signals are mildly bullish. Dips continue to attract buyers. 1.7966 has been pivotal. A break of the recent high at 1.7966 should result in a further move higher. We are trading at overbought extremes. We look to Buy a break of 1.7971 (stop at 1.7931) Our profit targets will be 1.8071 and 1.8091 Resistance: 1.7947 / 1.7966 /...
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EUR/NZD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
EUR/NZD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
EURNZD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long EURNZD Entry Point - 1.7901 Stop Loss - 1.7857 Take Profit - 1.7971 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
EURNZD is near the resistance at 1.79500. It is trading in the consolidation zone following sell off. There's a nice confluence zone to short at the resistance level, 78.6% fibo level. We expect a bearish move from the confluence zone.