Eurnzdforecast
EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD
Currently, according to the CURRENTLY STRENGTH, EUR is becoming quite strong. The reason is that ECB RATE HIKE SENTIMENT is PRICE. Also, the NZD is getting weaker than the EUR right now.
Therefore, EURNZD can definitely go DOWN to the lower SUPPORT AREA before going UP again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can SELL up to 1.6070 LEVEL. And after that EURNZD can be BUY at 1.6653 LEVEL. So stay tuned.
EurNzd can rise to 1.7 in medium termAfter the double bottom at 1.56 and a first leg up towards 1.7, EurNzd corrected and has made a higher low around 1.58.
Now the pair is facing resistance at 1.63 and a break here could announce a new leg up towards 1.7
I'm bullish on this pair as long as 1.6 is intact
EURNZD multiple-timeframe analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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EURNZD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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SHORT EURNZD ✅✅✅Hello traders!
✅ This is my trade on EURNZD .
Here I expect bearish price action as price took out liquidity above previous daily high and rejected from bearish orderblock + mid figure 1.62500. My target is imbalance around price level 1.60700.
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EURNZD: Selling the resistanceEURNZD - Intraday - We look to Sell at 1.6329 (stop at 1.6366)
Price action continued to range between key support & resistance (1.6130 - 1.6330) and we expect this to continue. Daily signals are bearish. Preferred trade is to sell into rallies. Expect trading to remain mixed and volatile.
Our profit targets will be 1.6232 and 1.6212
Resistance: 1.6270 / 1.6300 / 1.6330
Support: 1.6230 / 1.6200 / 1.6170
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Jamie Gun2head Trade - Buying EURNZDTrade Idea: Buying EURNZD
Reasoning: Key support level, hoping for a bounce today
Entry Level: 1.61580
Take Profit Level: 1.62180
Stop Loss: 1.61330
Risk/Reward: 2.4:1
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EURNZD: Weak Euro no end in sight!EURNZD
Intraday - We look to Sell at 1.6278 (stop at 1.6314)
Expect trading to remain mixed and volatile. The primary trend remains bearish. Preferred trade is to sell into rallies. 50 4hour EMA is at 1.6260.
Our profit targets will be 1.6181 and 1.6161
Resistance: 1.6170 / 1.6200 / 1.6230
Support: 1.6130 / 1.6100 / 1.6070
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EURNZD possible sell zone!!EURNZD has formed strong bearish price action on the daily timeframe. In this long-term down trending market, the price has formed a daily pin bar/Doji which has an element of fake out to the upside, tested previous support as resistance, and also tested the 20EMA as resistance. High probability that the price will continue to drop from this bearish consolidation.
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EURNZD: Gains to be capped!EURNZD
Intraday - We look to Sell at 1.6289 (stop at 1.6327)
Previous support at 1.6300 now becomes resistance. Preferred trade is to sell into rallies. Our short term bias remains negative. 50 4hour EMA is at 1.6305.
Our profit targets will be 1.6191 and 1.6171
Resistance: 1.6200 / 1.6230 / 1.6270
Support: 1.6170 / 1.6130 / 1.6100
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
EurNzd new drop to support?After reaching the important 1.7 resistance, EurNzd has started to roll back down and at the beginning of the month has broken under ascending trend line that has kept the price elevated since April.
Yesterday's intraday rise has reversed strongly, leaving us a long-tailed Pin Bar on our chart and the pair looks ready for a new drop.
Short-term support is around 1.63 and a drop under could accelerate losses.
I'm looking to sell rallies for a new test of 1.58 support
Eurnzd testing TL Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:EURNZD
We can see market is falling slowing but testing its trendline.
So we are expecting more rise from its support TL.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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DeGRAM | EURNZD false breakEURNZD could go higher from the resistance level 1.69000.
Furthermore, price action has created a false break, implying that price will either consolidate or break the trend.
Price is likely to retest the support zones.
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EURNZD - MARKET SENTIMENT Currently, according to the CURRENTLY STRENGTH, the EUR is currently being slightly WEAK. Also, the NZD is becoming more STRONG than the EUR.
So be sure to EURNZD DOWNWE DOWN TO THE TRENDLINE BEFORE BEFORE UP AGAIN. So stay tuned for that.
However, if any MARKET SENTIMENT changes, the EURNZD can be sold up to 1.6095 LEVEL. Also before that the EURNZD 1.7159 LEVEL can be BUY. So stay tuned.