EURNZD could fall from 2.0300 for a larger correctionEURNZD could fall from 2.0300 for a larger correction
On Friday, EURNZD rose sharply after Trump’s comments to increase tariffs on China. EURNZD retested a strong area located near 2.0300.
I think EURNZD could fall from this area, but again it is a big and complex development overall.
From a tec
About Euro / New Zealand Dollar
The Euro vs. the New Zealand Dollar. The New Zealand dollar had performed well against the Euro recently because it is often considered to be a proxy for the Chinese growth. Eurozone weakness may limit any significant reversal if concerns about Chinese growth occurs as the country shifts from export lead growth. The NZD has benefited from the recent Euro-zone difficulties due to idle cash efforts to find strong, secure yields.
Related currencies
EURNZD – Possible Reversal / Buy SetupPrice is testing the 2.0150–2.0180 support zone, which acted as a strong base in the last impulse.
Decreasing volume suggests possible accumulation.
A move back toward 2.0250–2.0300 would align with the previous high and volume node.
🎯 Trade Setup
Buy Entry: 2.0180
Stop Loss: Below 2.0150
Take
EURNZD: High Growth Potential 🇪🇺🇳🇿
EURNZD broke and closed above a significant daily
structure resistance, updating a Higher High.
It suggests a highly probable bullish trend continuation after a pullback.
Next resistance - 2.043
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Bullish rise?EUR/NZD is reacting off the support level, which serves as a pullback support and could potentially rise from this level to our take-profit target.
Entry: 2.03005
Why we like it:
There is a pullback support level.
Stop loss: 2.01833
Why we like it:
There is a pullback support level which aligns wi
EURNZD Consolidation Potential supporting in the Long-termEURNZD reflects uncertainty around trade tariffs on China any increase in tariffs or trade tension could limit NZD strength as NZD is sensitive to Chinese demand potentially supporting EUR in the short term.
However, political issues in France — particularly around the Prime Minister’s leadership —
EURNZD: Intraday Confirmation?! 🇪🇺🇳🇿
A quick follow-up for EURNZD.
I see some intraday bullish confirmation on an hourly time frame
after a retest of a broken structure.
A double bottom pattern on that provides a strong bullish clue.
I expect a rise now at least to 2.0375
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eurnzd buy signal. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it acc
EURNZD: Will Keep Falling! Here is Why:
The price of EURNZD will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair.
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EURNZDPrice Action Trading is a method of financial market analysis where traders make buying and selling decisions solely based on the asset's price movements over time, without relying on technical indicators.
It's essentially the art of reading a "naked" or clean chart to understand the psychology and
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of EURNZD is 2.04207 NZD — it has decreased by −0.24% in the past 24 hours. See more of EURNZD rate dynamics on the detailed chart.
The value of the EURNZD pair is quoted as 1 EUR per x NZD. For example, if the pair is trading at 1.50, it means it takes 1.5 NZD to buy 1 EUR.
The term volatility describes the risk related to the changes in an asset's value. EURNZD has the volatility rating of 0.76%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURNZD showed a 1.01% rise over the past week, the month change is a 3.05% rise, and over the last year it has increased by 14.07%. Track live rate changes on the EURNZD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
EURNZD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade EURNZD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with EURNZD technical analysis. The technical rating for the pair is strong buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the EURNZD shows the strong buy signal, and 1 month rating is buy. See more of EURNZD technicals for a more comprehensive analysis.