EURNZD trade ideas
EURNZD -Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
While the price is above the support 1.82059, resumption of uptrend is expected.
We make sure when the resistance at 1.85400 breaks.
If the support at 1.82059 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
The ascending flag taking shape suggests we will soon see another leg higher.
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
A peak is formed in daily chart at 1.85400 on 12/27/2024, so more losses minimum to Major Support (1.82059) is expected.
Relative strength index (RSI) is 43.
Supports and Resistances:
1.87650
1.85400
1.82059
1.78251
1.76500
1.74929
1.73804
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EURNZD - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
1.84895 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
A trough is formed in daily chart at 1.81705 on 02/21/2025, so more gains to resistance(s) 1.89340, 1.90550, 1.91400 and more heights is expected.
Supports and Resistances:
1.95650
1.90550
1.87650
1.85400
1.81700
1.78251
1.76500
__________________________________________________________________
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. . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?)
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Now, it's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Have a successful week,
ForecastCity Support Team
EURNXD I Update and Market Structure Swing AnalysisWelcome back! Let me know your thoughts in the comments!
** EURNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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"EURNZD Bullish Momentum Continues: Next Wave After Retest"EURNZD has followed the predicted bullish momentum, currently trading at 1.89 and aiming for the 1.93 target. The pair remains strong within its uptrend, signaling continued buying pressure. However, a small retesting phase is likely before the next bullish wave, allowing the market to confirm support levels and attract further buyers. This setup aligns with the technical outlook, reinforcing the expectation of further upside movement.
A minor retracement or consolidation at current levels could offer a healthy correction, giving traders an opportunity to re-enter before the next surge. Fundamental factors, including recent economic data from the Eurozone and New Zealand, suggest a favorable scenario for EUR strength. If risk sentiment remains positive and the European economy continues showing resilience, EURNZD could gain further momentum toward the 1.93 target.
Traders should watch for confirmation signals such as increased volume, bullish candlestick formations, or breakouts from key resistance zones. If the pair successfully holds above its retesting level, the next leg of the rally could unfold, offering another profitable move. As always, proper risk management is crucial to navigate potential market fluctuations effectively.
EURNZD at Key Resistance Level: Will it Drop To 1.87030?OANDA:EURNZD has reached a key resistance zone, marked by strong selling pressure. This suggests the potential for a bearish reaction if sellers step in.
If the price shows clear signs of rejection from this resistance zone, I anticipate a move downward toward the 1.87030 level, which serves as a logical target for this setup. Conversely, a clean breakout above the resistance zone could signal a potential bullish continuation.
Traders should monitor for bearish confirmation signals, such as bearish engulfing candles, long upper wicks rejecting the resistance, or increased selling volume before considering short positions. Let me know your thoughts or any additional insights you might have
EURNZD: Bullish Trend Continues📈EURNZD is trading in a strong bullish trend on a 4H time frame.
After a long period of bullish momentum, the pair started to trade within a sideways range for a while.
The upper boundary of the range was breached today, indicating strong buying pressure.
I believe that the uptrend may persist, leading the market to the 1.9030 level in the near future.
EUR/NZD Finally Gave A BEARISH P.A,Let`s Sell It To Get 250 PipsHere is my opinion about EUR/NZD , Pre starting giving amazing bearish price action and finally we have a good breakout and head and shoulders pattern in 2h time frame , i`m selling this pair and targeting 250 pips .
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURNZD Bullish Continuation - Will Buyers Push Toward 1.88950?OANDA:EURNZD is currently trading within an ascending channel, maintaining a bullish structure. The price has broken above a key resistance zone and is now pulling back for a potential retest. This level previously acted as resistance and may now turn into support, aligning with a bullish continuation.
If buyers confirm support at this zone, the price is likely to move upward toward the 1.88950 target. However, a failure to hold this level could indicate a potential shift in momentum.
Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions.
Let me know your thoughts or any additional insights you might have! 🚀
EURNZDEURNZD Long Position Update
On February 20, 2025, I entered a long position on EURNZD at 1.82182. As of March 5, 2025, the pair has reached 1.8788, resulting in a gain of approximately 570 pips. I had previously shared this trade idea, and it's rewarding to see the analysis materialize as anticipated.
Note: All trading activities involve inherent risks. Past performance does not guarantee future results.
EURNZD Trending Higher – Bullish Continuation Toward 1.88040OANDA:EURNZD is currently trading within an ascending channel, indicating a strong bullish structure. The price has broken above a key resistance zone and may now pull back for a retest. This area previously acted as resistance and may now serve as support, aligning with a potential bullish continuation.
If buyers confirm support at this level, the price is likely to move upward toward the 1.88040 level, which represents a logical target for this setup. Conversely, a failure to hold support could signal a potential bearish shift.
Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions.
Let me know your thoughts or any additional insights you might have! 🚀
EURNZD SELL / BUY TRADE PLANS🔻 PRIMARY TRADE – SELL SETUP (1.8750 – 1.8800)
🔻 SELL ENTRY
🔹 Aggressive Entry: Sell Limit at 1.8750 – 1.8800 (Institutional Supply Zone).
🔹 Confirmation Entry: Wait for bearish rejection (Fake out, Engulfing, or Pin Bar) below 1.8750.
🔹 SL: 1.8830 (Above liquidity grab & invalidation zone).
🔹 TP1: 1.8680 (Nearest support, move SL to breakeven).
🔹 TP2: 1.8600 (Liquidity target).
🔹 TP3: 1.8520 – 1.8500 (Full reversal target).
✅ Risk-Reward Ratio: 1:3+
🎯 Confidence Level: ✅✅✅✅ (High Probability Trade – Strong Technical & Liquidity Confluence).
📌 Reasons for Confidence Level:
🔹 Price is in an overextended bullish trend approaching strong resistance & supply zone (1.8750 – 1.8800).
🔹 Multiple rejections near 1.8750 – 1.8800, confirming institutional resistance.
🔹 Potential liquidity grab above 1.8750 before reversal.
🔹 Bearish divergence in volume suggests weakening buying pressure.
🔥 SECONDARY TRADE – BUY SETUP (IF SELL FAILS)
🔹 BUY ENTRY
🔹 Aggressive Entry: Buy Limit at 1.8520 – 1.8480 (Institutional Demand Zone).
🔹 Confirmation Entry: Wait for bullish rejection (Wick Rejection, Bullish Engulfing, or Fakeout) above 1.8500.
🔹 SL: 1.8445 (Below liquidity grab zone).
🔹 TP1: 1.8600 (First resistance, move SL to breakeven).
🔹 TP2: 1.8680 – 1.8700 (Extended move based on liquidity).
🔹 TP3: 1.8750 – 1.8800 (Full bullish target).
✅ Risk-Reward Ratio: 1:3+
🎯 Confidence Level: ✅✅✅ (Medium-High, Depends on Sell Reaction at 1.8750).
📌 Reasons for Confidence Level:
🔹 Price would retrace into institutional demand at 1.8520 – 1.8480, a key reaction zone.
🔹 Previous liquidity grab & fair value gap increases the probability of a bounce.
🔹 Aligns with Fibonacci retracement (50% – 61.8%) & previous demand area.
EURNZD Approaching Overbought Zone – Potential ReversalThe pair is currently trading near the upper boundary of its range, signaling an overbought condition. Price has tested the 1.8468 resistance zone, a level that has historically triggered sell-offs. With the pair still within a ranging market structure, a rejection from this level could lead to a move back towards the 1.8236 support area. The 200-day moving average sits below, indicating long-term bullish structure, but short-term price action suggests a potential pullback before further upside. Traders should watch for bearish confirmation before entering shorts, with a target near 1.8236 and potential extension toward 1.8095 if momentum strengthens.
EURNZD: Massive Breakout 🇪🇺🇳🇿
EURNZD violated a huge resistance cluster and closed above that.
The next key level is 1.8765.
I will look for a pullback/little correction to buy then, expecting a rise.
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EURNZD I More Rise and Short from Supply Welcome back! Let me know your thoughts in the comments!
** EURNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
EURNZD – Bullish Continuation Toward 1.86640OANDA:EURNZD is currently trading within an ascending channel, maintaining a strong bullish momentum. The price has broken above a key resistance zone and may now be pulling back for a retest. This area previously acted as resistance and may now serve as support, aligning with a potential bullish continuation.
If buyers confirm support at this level, the price is likely to move upward toward 1.86640, which aligns with the upper boundary of the channel. Conversely, a failure to hold support could signal a potential bearish shift.
Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions.
Let me know your thoughts or any additional insights you might have! 🚀📈