EURNZD - NEW BREAKOUT Hello Traders ! Previously, The EURNZD formed a bearish rising wedge. At the moment, The Support level (1.77076 - 1.76273) is broken. The support becomes a new resistance level ! So, I predict a bearish move📉 -------------- TARGET: 1.74700🎯Shortby Hsan_Benhmed7710
EURNZD buy setuphey guys here's what i am looking at EN, i am bullish to the upside, as we have seen price bouncing off the weekly sup many times as long as that level holds i am bullish on EURNZD minimum to 1.81000 lv. Longby Ace_trades1336
EURNZD: Classic Day TradeEURNZD shows signs of a bullish trend after testing a significant intraday support level. There is a clear breach of a resistance line in a descending channel and a breakout of a neckline in a cup and handle pattern. This suggests that we can anticipate an upward movement in the near future, with target levels at 1.7759-1.7820.Longby linofx1335
Analysis of EURNZD - Weakness of Sellers and Presence of Buyers💹 Let's dive into analyzing this Forex pair and update our previous analysis, while also identifying new entry points. 📅 Weekly Schedule: Monday: Bitcoin and its dominance analysis , Tuesday: Ethereum and ETHBTC analysis 🏦, Wednesday: Gold analysis 🏦 Today, being Wednesday, we'll upload the gold analysis later in the evening. This means we're dedicating the entire day to Forex analysis! 📊 Previous Analysis Update : In our previous analysis of this Forex pair, we were looking for a short position, waiting for the break of the significant daily support level at 1.78582. This break indeed occurred, and as this was a daily support level, we witnessed a notable move in this pair. 📆 Weekly Time Frame Analysis : On the weekly time frame, like many other Forex pairs, we are ranging within a long-term box from 1.74444 to 1.83926. The significant movements and trends are more visible in the lower time frames. 📅 Daily Time Frame Analysis : Similarly, on the daily time frame, the same situation is unfolding. However, this time, after bouncing from the bottom of the box, we changed the trend midway and didn't reach the top of the box. This indicates increasing seller pressure and underscores the importance of the 1.74465 support level. ⏰ Four-Hour Time Frame Analysis : On the four-hour time frame, after breaking the 1.78553 support and following a downward trend, we are forming a falling wedge pattern. We are seeing lower highs each time, along with decreasing candle sizes and shadows, indicating a lack of seller presence, which could lead to a potential buyer presence soon. 📈 Long Position Strategy : For a long position, after breaking the trendline and this pattern, we can consider entering at 1.76312 (risky) or 1.77095 (more secure). 📉 Short Position Strategy : For a short position, there is no clear setup at the moment, and no momentum is behind us. If you are waiting for a short position, be patient for a new setup or watch for candles around the 1.75598 support and consider entering after its break. 📌 Support and Resistance Levels : Supports: 1.75598, 1.74465, 1.71908 Resistances: 1.76312, 1.77095, 1.78553 😊 If you'd like me to analyze a specific coin or currency pair, be sure to comment so that I can allocate the next analysis for you! ⚠️ Also, please remember that I'm just an analyst, and this isn't financial advice . We're here to stay in the market and maximize profits by adhering to risk and capital management principles.Longby RealMRA1142
EURNZD - Buy StopEURNZD - Buy Stop EURNZD on a 4H timeframe has been showing a downward trend since May but we can see a falling wedge plus bullish divergence which suggests the price may go up. If the previous Lower Low is broken, we'll drag the trendline and wait for the lower high to be broken and trade accordingly.Longby Alee_Kolachi113
EURNZD LONGThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify anyLongby akmalsabran90223
EUR-NZD Will Keep Falling! Sell! Hello,Traders! EUR-NZD is trading in a Downtrend and the pair Broke the key horizontal Level of 1.7637 which is Now a resistance and the Pair made a retest and And is going down again So I am bearish biased And I will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals224
EURNZD Continuing Bearish TrendEURNZD has a bearish bias and has retraced to the 0.618 to 0.75 zone on 15 minute TF. Anticipating to move towards the previous Lower Low.Shortby linkwithasad112
EURNZD descending wedge is obvious now. Intraday Update: Following the ECB today, the EURNZD struggled (again) at wedge resistance which suggests in order for the market to get a sizable bounce, a break of the 1.7625 is needed now. Longby ForexAnalytixPipczar112
EURNZD LONGThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify anyLongby akmalsabran90111
6/2/2024 SELL EUR / NZD 23 - 33 PIPS 1 DAY FXCLLC TRADER - NORMAN SPENCER SELL 1 HR CHART EUR/NZD @ 1.76567 target 1.76329 (23 pips) 1.76231 in sight (33 pips) Fib retraction .236 and well below the 50,100 and 200 EMA on the daily chart STOP LOSS .76645 Shortby fxcllctrader14110
EURNZD What Next? BUY! My dear subscribers, My technical analysis for EURNZD is below: The price is coiling around a solid key level - 1.7579 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.7659 My Stop Loss - 1.7533 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK Longby AnabelSignals221
EURNZDEURNZD is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge. Currently the price has given the massive breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target could be 1.8000. What you guys think of this idea?by JustTradeSignals9
EURNZD waiting for long confirmation/entry EURNZD D2 demand in control Waiting for a lower time frame confirmation entry Longby EquilibriumTradingAlexMOUpdated 558
eurnzd. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a tradeLongby wavesscoutforex116
EURNZD is approaching a significant resistance area.Hey Traders, in today's trading session we are monitoring EURNZD for a selling opportunity around 1.76100 zone, EURNZD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.76100 support and resistance area. Trade safe, Joe.Shortby JoeChampion6
EURNZD LONG/BUYHello everyone *Ending Diagonal forming *Running flat about to complete *Liquidity (gap) at price 1.75991 *Liquidity 1.77930 *Engulfing candle forming (15min TF) *MACD divergence Entry : 1.76005 Stop loss: 1.75579 Profit: 1.77930 Longby PIPPINTRADERUpdated 5
Eurnzd Scalping opportunity.find a good buy entry hold till the top of the green block .Longby CurrencyMomentumFX4
EURNZDBUY on the theory markets ranges 70% of the time, and BUY on the theory markets retraces HALF of the previous leg 90% of the time. Entry and invalid lines for 1h TF. Longby ComteSt.Germain3
EURNZD: Waiting For Breakout to Sell 🇪🇺🇳🇿 EURNZD is trading in a bearish trend on a daily. Currently, the price is testing a key horizontal support. Its breakout will be an important bearish signal for us. A daily candle close below 1.762 will confirm the violation. A bearish continuation will be expected at least to 1.7555 then. ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTrader114
EURNZD 500 PIPS LONG Expecting a 500 pip move to the up side as price is currently at a very significant Daily trend line and also a strong support zone. For safer entries, you can wait for price to break the counter-trendline before going longLongby akumjoel3
How I pass Prop Firm Challenges Using HedgingHere I explain my strategy on the basics of hedging. Hedging can be a great way to improve your consistency and grow your account but you have to do it properly. It takes time to get it right. If you give up too soon you miss out on winning in trading. You can't be weak if you want to be a trader. You cannot give up so easily on learning. Get tough, up your game and let's win!!!! Education08:26by TruthakaWallStreetakaCookie112
EUR/NZD-Bullish Opportunity with Harmonic Pattern & RSI Div.This report provides a detailed technical analysis of the EUR/NZD currency pair, emphasizing a Bullish Butterfly Harmonic Pattern forming at a key support area. The analysis is supported by a Bullish RSI Divergence observed on the 4-hour chart, reinforcing our bullish bias. Bullish Butterfly Harmonic Pattern: The EUR/NZD is currently forming a Bullish Butterfly Harmonic Pattern, a reversal pattern signaling a potential bullish trend. This pattern is characterized by precise Fibonacci retracement and extension levels, indicating a potential upward price movement from the current support area. Key Support Area: The pattern is emerging at a significant support zone around 1.76671, which has historically provided strong buying interest. This level is crucial for our entry point, providing a favorable risk-to-reward ratio. Indicator Analysis RSI Divergence: The Relative Strength Index (RSI) on the 4-hour chart shows a bullish divergence, where the price makes lower lows while the RSI makes higher lows. This divergence suggests a weakening bearish momentum and potential bullish reversal. Trade Setup Entry Point: Entry: 1.76671 Stop Loss: Stop Loss: 1.76242 Take Profit Targets: TP-1: 1.77100 TP-2: 1.77529 TP-3: 1.77958 Risk Management: Setting a stop loss at 1.76242 ensures minimal risk exposure if the market moves against our position. The take profit targets are strategically placed to capitalize on the anticipated bullish movement, with each target offering progressively higher potential returns. Conclusion: Based on the formation of the Bullish Butterfly Harmonic Pattern and the Bullish RSI Divergence on the 4-hour chart, EUR/NZD exhibits a strong bullish bias. Traders are advised to enter the market at 1.76671, with a stop loss at 1.76242. The take profit targets of 1.77100, 1.77529, and 1.77958 provide clear exit points to maximize profits. By adhering to this trade setup and risk management strategy, traders can effectively navigate the EUR/NZD market, leveraging technical indicators and patterns to inform their trading decisions.Longby trading_jupiter4412