EURNZD Will Go Higher! Long!
Please, check our technical outlook for EURNZD.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 2.013.
The above observations make me that the market will inevitably achieve 2.019 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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New Zealand Dollar/Euro
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Market insights
EUR/NZD Created H&S Pattern ,Short Setup Valid To Get 200 Pips !Here is my 2H Chart On EUR/NZD , The price creating a very clear reversal pattern ( head and shoulders pattern ) and the price made a very good bearish price action now from good res area so we can enter a sell trade now Or Waiting the price to go back to retest the broken neckline and targeting from 100 : 150 pips , the price go up very hard without any correction so i think the price will go down very hard also . if we have a daily closure above my neckline then this idea will not be valid anymore .
Reasons To Enter :
1- Perfect Reversal Pattern ( Head & Shoulders ) .
2- Clear Bearish Price Action .
3- Bigger T.F Giving Good Bearish P.A .
4- The Price Closed Below Neckline .
5- Perfect 4H Closure .
EURNZD-SellFor supporting reasoning please refer to NZDCHF-Buy
Approach EVERY trade with caution because there is no definite direction as of right now.
EURNZD is attempting a short position but is the market ready to take a risk with NZD 🤷🏽♀️.
Find out next time on NKEcommerce. Have Prosperous Trades and God Bless 🙏🏾
Bullish bounce off pullback support?EUR/NZD is falling towards the support level, which is a pullback support that is slightly below the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 2.0023
Why we like it:
There is a pullback support that is slightly below the 38.2% Fibonacci retracement.
Stop loss: 1.97903
Why we like it:
There is a pullback support that lines up with the 78.6% Fibonacci retracement.
Take profit: 2.02914
Why we like it:
There is a pullback resistance level.
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EURNZD The Target Is UP! BUY!
My dear subscribers,
EURNZD looks like it will make a good move, and here are the details:
The market is trading on 2.0172 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2.0224
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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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WISH YOU ALL LUCK
EURNZD The Target Is DOWN! SELL!
My dear subscribers,
EURNZD looks like it will make a good move, and here are the details:
The market is trading on 2.0307 pivot level.
Bias - Bearish
My Stop Loss - 2.0329
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 2.0272
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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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WISH YOU ALL LUCK
EURNZD: Rising Wedge Signals Potential ReversalEURNZD: Rising Wedge Signals Potential Reversal
The price is moving within a rising wedge pattern, which usually signals a potential bearish reversal.
Recently, the price reached 2.0300, marking a new all-time high that dates back to November 2009. Overall, the EURO is very overvalued.
If the wedge pattern holds this time, then the main targets are as follows:
2.0200.
2.0110
2.0030.
NZD weakness was attributed to the New Zealand economy not performing as expected, according to the RBNZ. I can't say if this is true, because the current economic situation is a mess in all major economies due to Trump's tariffs.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
EUR/NZD — corrective long After a prolonged uptrend, price topped at A and pulled back to B.
I see a probable upward correction—not a trend resumption, but tradable.
Plan: Long on a confirmed turn (break/retest of minor high or bullish rejection from support).
Targets: As shown on chart.
Stop: As shown on chart.
R:R = 3.28
EUR-NZD Bearish Breakout! Sell!
Hello,Traders!
EURNZD price has broken down from a rising wedge structure, signaling Smart Money shift from accumulation to distribution. SMC suggests bearish momentum towards the 2.0180 target zone. Time Frame 2H.
Sell!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURNZD Will Fall! Short!
Please, check our technical outlook for EURNZD.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 2.026.
The above observations make me that the market will inevitably achieve 2.020 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
EUR/NZD Daily AnalysisPrice is moving within a daily uptrend and has printed 11 daily candles so far in a bullish impulse.
Using a Fibonacci retracement tool, there is a potential target of around 2.05 on the cards.
However, there may be a correction coming soon after such a long move. Watch the big number 2.00 as a price point to be possibly tested.
EURNZD: Can it Continue Higher?Price has been rising strongly and just broke above resistance.
On the retest, the market dipped back into the zone and it was immediately rejected, confirming that the old resistance has now flipped into support.
That rejection shows buyers are stepping in, defending this level and preparing for continuation.
My expectation is the target projected around 2.02700.
EUR/NZD BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
It makes sense for us to go short on EUR/NZD right now from the resistance line above with the target of 1.988 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
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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