EURNZD is trading near the lower boundary of the descending channel. The price has fallen under the dynamic support, which now acts as resistance. The chart formed a bearish takeover when testing the trend line, and after the candle shadow re-defined the dynamic resistance. We expect the decline to continue after testing the lower boundary of the...
For this pair, the price indicates a dilemna momentum. According to the longer timeframes, a falling flag pattern is formed, which might be a strong indication of a bullish momentum. As for now, a head and shoulder pattern has been formed, and when the support line breaks, it might be a strong bearish momentum. Let us wait and see how it will turn out.
Welcome back! Let me know your thoughts in the comments! ** EURNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hi fellow traders, EURNZD is setting up for a move lower after it completes the flag pattern. Look for an entry from the blue box area and target the 1.77640 level. Good luck and trade safe!
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...
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...
A #long trade opportunity recently presented itself on the #eurokiwi (#EURNZD) #trading chart 📈. This is indicated by the #bullish harami candlestick 🕯️ pattern just above the 1.78600 horizontal support level. This indicates a rejection of the same level, with potential price move in the upward 👆 ⬆️ direction (#buy). Sufficient upward momentum should see price...
The EURNZD pair is currently forming a Harmonic Pattern, specifically an XABCD pattern. This pattern indicates potential reversals in the market. At the completion of the pattern, we identify Point D, which is considered a Potential Reversal Zone (PRZ). Confluence with Key Support Area: Point D aligns with a Key Support area, further reinforcing our bias toward...
Welcome back! Let me know your thoughts in the comments! ** EURNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
EURNZD is moving between the trend lines within the descending channel. The pair has been growing for a long time without pullbacks. We expect a pullback soon. ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
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...
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...
First things first: 📊🔮My crystal ball tells me: EUR CPI (inflation data) today will be lower than consensus expected. -> This will weigh on the euro in the long term 🔮An old saying goes: "The crystal ball spoke and the ECB obeyed." A look back. 🔮 - As predicted in July last year, inflation in the eurozone fell far faster than the market and the ECB in...
FX:EURNZD we have published numbers of chart analysis on eurnzd so far, and most of the time, the analysis has gone out in our favour. In our last chart analysis, we were hoping that price will fill the liquidity gap and then reject at the key level that we had identified, however, price mitigated early. We still think price will come to our key level and then...
EURNZD is in the consolidation zone following the drop from the resistance. It is creating the AB=CD pattern. Price is testing the resistance level and the 50% retracement level. The market is coiling up before the new expansion. We anticipate a breakout of the consolidation zone and a trend continuation, completing the AB=CD...
FX:EURNZD first two entries hit our targets successfully, now we are focusing on the third entry, price rejected at the key level, where we think most of the major selling orders were placed. Currently, in our price had left behind big 'liquidity void area' due to that reason. In our view, price is likely to fill those area and then bounce back from our 'third...
EUR-NZD has almost reached The supply cluster of the Falling and horizontal levels So a move down is to be Expected towards the Target of 1.749588 !
EUR-NZD broke the falling Resistance line and the Breakout is confirmed So I am now bullish biased And I think that we will See a further move up