Heading into overlap resistance?EUR/NZD is rising towards the resistance level which is an overlap resistance level that is slightly above the 38.2% Fibonacci retracement and could drop from this level to our take profit.
Entry: 1.9286
Why we like it:
There is an overlap resistance level that is slightly above the 38.2% Fibonacci retracement.
Stop loss: 1.9500
Why we like it:
There is a pullback resistance level that lines up with the 71% Fibonacci retracement.
Take profit: 1.8813
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (โVantage Global Limitedโ, โweโ) by a third-party provider (โEverest Fortune Groupโ). 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 Everest Fortune Group.
EURNZD trade ideas
EURNZD strong daily demand level at 1.89. Long biasSupply and demand imbalances are the driving forces behind price movements in the Forex market. By identifying these key zones or imbalances, traders can anticipate high-probability reversal or continuation setups. Today, weโll analyze the EURNZD cross pair, which has recently formed a strong demand imbalance at $1.89โthe most significant impulse in months.
The Power of Supply & Demand Imbalances
Supply and demand trading revolves around identifying areas where price has made a strong, impulsive move (demand or supply zone) and then waiting for a retracement into that zone for a potential reversal or continuation.
Key Characteristics of a Strong Imbalance:
โ
Extended Range Candles (ERC): Strong, wide-bodied candles indicate institutional buying/selling.
โ
Strong Imbalance: A clear shift in market structure after a strong rally or drop.
โ
Fresh Zone: The imbalance has not been tested yet or has only been tested once.
EURNZD Trading Idea EURNZD Trading Idea Bullish market sign from the zone break above the 1.92755 with strong confirmations
While the most probable zone for bullish market will be 1.8750. Use pending order in the current situations. With 50-60 Pips Stop loss. The current price momentum will not clear the market conditions just wait and open trade as per given zone.
eurnzd buy signal. 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 trade
EURNZD LONGLooks like a great support for a long with some fundamental strength aswell with stable Eurozone current account data and institutional EUR buying could support EUR strength. NZDโs deteriorating trade balance and lack of bullish catalysts make it vulnerable, favoring a potential EUR/NZD rally.
Trade smart, be kind and stay strong
EURNZD MONTHLY TIMEFREAMEKey monthly level spotted but what we liked most was the massive rejection candle close for last month where buyers pushed so much high but couldn't win the sellers as sellers pushed price down that made the past month candle close with little to no body but with long rejection wick candle telling us that sellers took control!
EURNZD expected higher fall for new week
OANDA:EURNZD strong bearish candle on 9.April, bearish momentum, price is break and crucial zone there, in last periods we are have three times bounce on now strong zone.
For new week here stilll expecting to see bearishnes
SUP zone: 1.91550
RES zone: 1.87600, 1.86000
eurnzd buy signal. 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 trade
EUR/NZD "Euro vs Kiwi" Forex Bank Heist Plan (Scalping/Day)๐Hi! Hola! Ola! Bonjour! Hallo! Marhaba!๐
Dear Money Makers & Robbers, ๐ค๐ฐโ๏ธ
Based on ๐ฅThief Trading style technical and fundamental analysis๐ฅ, here is our master plan to heist the EUR/NZD "Euro vs Kiwi" Forex Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Pink Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. ๐๐ธ"Take profit and treat yourself, traders. You deserve it!๐ช๐๐
Entry ๐ : "The heist is on! Wait for the Major Support breakout then make your move at (1.89500) - Bearish profits await!"
however I advise to Place sell stop orders above the Moving average (or) after the Support level Place sell limit orders within a 15 or 30 minute timeframe most NEAREST (or) SWING low or high level for Pullback entries.
๐I strongly advise you to set an "alert (Alarm)" on your chart so you can see when the breakout entry occurs.
Stop Loss ๐: "๐ Yo, listen up! ๐ฃ๏ธ If you're lookin' to get in on a sell stop order, don't even think about settin' that stop loss till after the breakout ๐. You feel me? Now, if you're smart, you'll place that stop loss where I told you to ๐, but if you're a rebel, you can put it wherever you like ๐คช - just don't say I didn't warn you โ ๏ธ. You're playin' with fire ๐ฅ, and it's your risk, not mine ๐."
๐Thief SL placed at the nearest/swing High or Low level Using the 4H timeframe (1.91300) Day/Scalping trade basis.
๐SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target ๐ฏ: 1.87800 (or) Escape Before the Target
๐ฐ๐ต๐ธEUR/NZD "Euro vs Kiwi" Forex Market Heist Plan (Scalping/Day Trade) is currently experiencing a Bearish trend.., driven by several key factors.๐๐๐
๐ฐ๐๏ธGet & Read the Fundamental, Macro, COT Report, Quantitative Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets with Overall outlook score... go ahead to check ๐๐๐๐๐
โ ๏ธTrading Alert : News Releases and Position Management ๐ฐ ๐๏ธ ๐ซ๐
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
๐Supporting our robbery plan ๐ฅHit the Boost Button๐ฅ will enable us to effortlessly make and steal money ๐ฐ๐ต. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.๐๐ช๐คโค๏ธ๐๐
I'll see you soon with another heist plan, so stay tuned ๐ค๐ฑโ๐ค๐ค๐คฉ
EURNZD What Next? BUY!
My dear subscribers,
This is my opinion on the EURNZD next move:
The instrument tests an important psychological level 1.9047
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.9308
My Stop Loss - 1.8907
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
โโโโโโโโโโโ
WISH YOU ALL LUCK
EURNZD market outlookFX:EURNZD
EURNZD is placing out some possible setups for the following week, price tapped in the 4-hour demand zone below and played out nicely towards the upside without signs of weak buying momentum. But because the H4 demand zone below was respected, there are two possible scenarios we should expect. We should not get into sells on the H1 supply zone directly but instead should wait for lower timeframe confirmation. If price broke above H1 supply zone and closed with strong bullish candle, we could look for buy opportunities on small timeframe pullbacks up to H4 resistance zone. However, as we are still on a high timeframe bearish structure, we should prioritise looking for sell opportunities.
www.tradingview.com