EURNZD trade ideas
EUR/NZD: Watching for a Short Setup After CorrectionIt looks like EUR/NZD has potentially completed a five-wave structure downward, which could set the stage for short positions if the following conditions are met:
1️⃣ A corrective three-wave structure forms, ideally reaching around 1.89960, aligning with the 61.8% Fibonacci retracement.
2️⃣ A downward move follows, breaking below 1.88014, confirming a potential wave B breakout of the correction.
3️⃣ A potential continuation of the decline toward 1.85230.
However, if the pair fails to form a proper correction and instead continues to rally—breaking above 1.91700—this will invalidate the short setup and suggest an alternative wave scenario.
EUR/NZD at a Turning Point: Is the Rally Over?Why is the EUR/NZD pair in the spotlight as the week comes to an end?
At the beginning of this year, the euro rose by more than 6%, reaching its highest levels since November 2024. Meanwhile, the New Zealand dollar was experiencing a decline at the end of last year, touching its lowest levels since October 2022. But what has changed this week?
From the beginning of February until today's trading session on March 25, 2025, the New Zealand dollar has risen by approximately 4.37%, breaking through the 0.57729 level. This level represents the last significant lower high recorded in the market, and surpassing it indicates a shift in trend from bearish to bullish. From a technical perspective, this is considered a positive signal for the New Zealand dollar in the short to medium term.
On the other hand, after reaching its highest levels since October 2022, the euro has shown some declines and weakening bullish momentum this week. If the U.S. dollar index experiences a corrective rise, further weakness in the euro is expected.
In this scenario, we have a positive outlook for the New Zealand dollar and a negative outlook for the euro, increasing the likelihood of a decline in the EUR/NZD pair, especially since it is currently trading at its highest levels since March 2020!
The recent rise in EUR/NZD gave a bearish signal during this week's trading after breaking below the 1.87675 level (which represents the last significant high low recorded) and forming a lower low. The recent rise to the 1.90668 level appears to be a corrective move before continuing the downward trend toward the 1.88120 level. However, the bearish scenario would be invalidated if the price rises above 1.91663 and closes daily above this level.
EUR/NZD BEST PLACE TO BUY FROM|LONG
EUR/NZD SIGNAL
Trade Direction: long
Entry Level: 1.881
Target Level: 1.888
Stop Loss: 1.876
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EUR/NZD BUY SETUP – BULLISH OUTLOOK! EUR/NZD BUY SETUP – BULLISH OUTLOOK! 📈
🔹 Pair: EUR/NZD
🔹 Bias: Bullish ✅
🔹 Entry Zone:
🔹 Stop Loss (SL): 🔴
🔹 Take Profit (TP): 🏆
🔍 Market Analysis:
✅ Strong bullish structure with higher highs & higher lows
✅ Institutional order flow supporting buyers
✅ Liquidity grab before the move up
✅ Confluence with key support zone
📊 Chart shows a high-probability buy setup. If price holds above support, expect bullish continuation. 🚀
💬 What’s your outlook on EUR/NZD? Comment below! 👇🔥
#ForexTrading #EURNZD #SmartMoneyConcepts #TradingView #FXSignals #ForexAnalysis
Bearish drop?EUR/NZD has rejected of the pivot which is a pullback resistance and could drop to the 1st support.
Pivot: 1.88951
1st Support: 1.86727
1st Resistance: 1.89710
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EURNZD BUYThis symbol has a good buying opportunity based on price action conditions, but we don’t have a precise confirmation from the MACD indicator. However, overall, we can expect the scenario shown in the image.
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EUR/NZD Breaks Channel Support, Extending Downtrend The EUR/NZD pair has confirmed a bearish breakout, breaking below the key ascending channel support, signaling further downside momentum. This breakdown indicates that selling pressure is increasing, with potential downside targets aligning with key support zones.
🔹 Technical Breakdown:
✔️ Channel Breakout: The pair has decisively broken below the lower boundary of its rising channel.
✔️ Bearish Confirmation: A retest of the broken support as resistance would further validate the downward trend.
✔️ Next Key Levels: Traders are watching for support around as potential downside targets.
🔻 Potential Scenarios:
TP1: 1.87000
TP2: 1.86500
If bearish momentum continues, the pair may test lower support zones.
A failed breakdown and reclaim of the channel could signal a reversal.
EURNZD, THE TEMPORAR BEARISH MOVES MIGHT BE OVER...Greetings traders, As we all know, FX:EURNZD is currently in an up trend, after several days of bearish moves, i think that team bullish are now stepping in to defend. Here on this post, i tried sharing my thought about EURNZD next moves. Both my entry and exits and reason to the trades are all on the video, pls take your time out to watch. Thank you.
EURNZD See See Look Look Don't Take Risk 2031SGT 19032025Tempted to sell here because this setup looks perfect, and is in my watchlist for some time and seems riped now according to what I waited for it to become.
Price rejected the Daily Time Frame's Resistance area and has now came down with this consolidation towards the downside. I am looking to enter on the Hourly Time Frame, but I will not enter it for real, just eyeballing.
I do it in this way because I am practicing restrain.
There's no need to hop onto every setup you see, for now, especially when I am still not profitable in the long run which means something I done definitely isn't right.
I think one of it is because I deviate from my strategy after I traded for some time, and I deviate due to emotional and PNL issues which didn't hit my goals.
Just see and look. Take 1 to 3 trades, and take a break for awhile, maybe a week or so. Don't do this seeing and looking thing either, especially when you haven't been outside for some time taking in the yang energy from outside, but has been simmering in the yin energy at home for too long. How to know if long is too long? If you have cabin fever or symptoms like such, or if your hair is longer than you usually like it to be, or unkempt, messy room, unwashed dishes, unpaid bills etc. Too much yin energy. Too little yang energy, no balance.
I think I shouldn't be seeing and looking, but since I already am seeing and looking, then I would have to practice some restrain and go out tomorrow.
I have too much yin energy now. Especially when its raining outside, too. Monsoon season.
Singaporeans overall are actually not really rich. They are just paper rich, and their paper rich is being restricted when they do want to materialise their gains. Not that there's anything wrong, just one or two big overwhelming issues would use up all the gains they gotten, and become dirt poor, just like any other people from other countries. So, nothing special here.
The thing however is just like any first world country, you will survive if you get a job. If you would thrive or not, or recoup your losses depends on how you manage your current holdings.
I am talking about myself.
See you when I see you.
2041SGT 19032025
Bearish drop?EUR/NZD is rising towards the pivot and could drop to the 50% Fibonacci support.
Pivot: 1.88686
1st Support: 1.86727
1st Resistance: 1.89710
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EURNZD Bearish Trend Structure Indicates Potential ContinuationH1 - Bearish trend pattern
Strong bearish momentum
Potential drop if the resistance levels will not be broken.
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EURNZD BUY 4H
Hello, I am Forex Trader Andrea Russo and today I want to talk to you about a promising strategy for the EURNZD currency cross.
The EURNZD is showing interesting signals for an upward movement. I decided to open a long position at 1.87460, with a stop loss (SL) at 1.861, which represents a potential loss of 0.50%. The profit target (TP) is set at 1.913, aiming for a consistent uptrend.
Technical Analysis
The EURNZD is going through a consolidation phase, offering a breakout opportunity to the upside. Technical indicators such as the MACD and the RSI indicate a growing bullish momentum. Furthermore, the price is positioning itself above the key moving averages, a sign of strength that supports my buy strategy.
Fundamental Analysis
On a fundamental level, the euro is benefiting from an improved economic environment in the Eurozone, along with a relatively stable monetary policy from the ECB. Conversely, the New Zealand dollar could be negatively affected by the recent volatility in the commodity markets, given the New Zealand economy's link to this sector.
Trading Strategy
Entry: 1.87460
Stop Loss: 1.861 (-0.50%)
Take Profit: 1.913
This setup offers a favorable risk/reward ratio and aligns with the current technical and fundamental environment. I recommend closely monitoring any changes in fundamentals or key technical levels that could impact the trade.
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 ANALYSIS elliot. 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 Wave Analysis – 17 March 2025
- EURNZD reversed from long-term resistance level 1.9160
- Likely to fall to support level 1.8640
EURNZD currency pair recently reversed down from the long-term resistance level 1.9160, which stopped the sharp weekly uptrend at the start of 2020, as can be seen below.
The downward reversal from the resistance level 1.9160 created the weekly Japanese candlesticks reversal pattern Shooting Star.
Given the strength of the resistance level 1.9160 and the bearish divergence on the weekly Stochastic indicator, EURNZD currency pair can be expected to fall to the next support level 1.8640.