Eurnzdanalysis
EUR/NZD Finally Closed Above Our Res And Long Setup Available 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 Symmetrical Triangle BreakoutEURNZD Symmetrical Triangle Breakout and now waiting for the retest. Here we have all possible scenarios to open trade. We have a bullish breakout but the retest is still pending.
So, wait for the restest or trend-changing move. Do not open trade quickly you see the market moving in the right direction. Wait for the momentum and then enter.
EurNzd- To resume its downtrend?The trend for EurNzd is clearly down and after correcting and confirming 1.7 as strong resistance (twice) the pair started to roll back to interim 1.6650 support
A break here would also confirm a double top formation and give scope to a retest of 1.6350 low.
Rallies should be sold and only a clear break above 1.7 would negate this bearish scenario
EURNZD ELLIOTT WAVE COUNTEURNZD is currently correcting its 4th wave on the daily timeframe. I am expecting the correction to end around 38.2% or 50% of the 3rd wave. After that we can expect continuation of the bearish trend.
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Good luck trading.
EURNZD - BULLISH BIASEUR - BULLISH
1️⃣ Optimism about a strong economic recovery was supported by signs of an acceleration in the vaccine pace in Europe.
2️⃣ Several EU countries continued their efforts to re-open their economies, while upbeat economic data released on Friday showed that consumer prices in the Euro Area rose in March by the most in over a year.
NZD - BEARISH
1️⃣ The risk-averse market environment could pressured the NZD.
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TECHNICAL
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- We're buying this pair on RBS level on M15 This is short term trading strategy from Monsun Asia.
- Risk reward ratio is 2:1.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
EurNzd- Down continuation?After February's low around 1.6350, EurNzd recovered and reach, as I expected, 1.7 resistance.
A double top was formed here signaling that the correction is over
Now the pair is under the ascending trend line and we can speculate that the downtrend has resumed
I expect a new drop to 1.6350 support and only a break above resistance (1.7) would negate my scenario
EUR/NZD - time to buy💥💥💥Price rebounded from the support level for the second time. A opened a long position. First target: 1.734. Don' forget about stop-loss.
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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 Long ideaEUR / NZD is in a very strong structure that we do not believe will pass. Notice the classic M formation, when a formation like this appears, the end of this pattern is that the price goes to the so-called neckline. Otherwise, on a higher timeframe, this pair should be higher, so our recommendation would definitely be long. It may be a so-called fakebreakout.
EUR/NZD New Long Setup After 4H Closure To Catch 400 PipsThe Price Touched The Up Trend Line And Go Up And Also We At Very Strong Supp Level 1.67000 So We will waiting until 4H Closure To Be Sure We Have A Good Bullish Closure And We Will Enter A Buy Trade To 1.70500.
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 trendline breakout - Possible short setupEURNZD tested 1.6690 highs and tried breaking out but failed. Eventually breaking out multi-days bullish trendline.
As the momentum is quite strong so there is scope to further go towards 1.6668 lows. Wait for a pullback and trigger short if it breaks the pullback range.
Trade Safe!
EUR/NZD Hit All Targets +275 Pips 0 Drawdown , Waiting For Long 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