EURNZD Short IdeaPrice rejected resistance zone amd pulling back. Pair is in an uptrend. Might pull back first before uptrend continuation. Might turn after hitting TP1 or TP2.
Entry 1.70300 - 1.70500
SL 1.71250
TP1 1.69500
TP2 1.68000
Eurnzdforecast
EURNZDFollowing up on the drawn "Symmetrical Triangle" you can find a confirmation for bearish movement.\
OANDA:EURNZD
EURNZD BUY ZONEGood evening everyone! Don't forget to put your thumbs up and write comment if you like the idea.
EURNZD buy zone 1.69900 and 1.69700 SL 1.6900. Risk 1%. Buy from monthly and weekly target area. First Target Standard, Global Target Return to Area 1.74700 and 1.75300
DISCLAIMER:
The opinion of the author may not coincide with yours! Keep this in mind and consider in your trading transactions before making a trading decision.
eurnzd facing strong resistance zone Eurnzd comes to the strong resistance where in past it drops down very smoothly now if we look the the correction and retracement we can see it is completing ideally 61% golden Ratio my Bias is bearish now to the ascending trend line
waiting to create proper bearish pricea ction
eurnzd correction phase EurNzd getting Strength Today opening good bullish spike we have seen pair is on the support where it completed its 50% retracement and goes up This is very strong zone due to trendline support. thats support acted very beautifully and push the price. For a good impulsive move price needs a correction which is doing at the spot.
near trendline buying order can be placed
EURNZD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD
Currently, according to the CURRENTLY STRENGTH, the EUR is slightly UP. The reason is that ECB RATE HIKE SENTIMENT is PRICE. The ECB is getting HAWKISH. Also, the NZD is going up a bit more than the EUR right now. Due to OVERALL MARKET RISK OFF, NZD is going down because COMMODITIES are going down.. Due to this, EURNZD is going up.
EURNZD can go up to the resistance area before going down again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can go up to 1.6938 LEVEL. After that, EURNZD can be SELL by BREAKING STRUCTURES and can SELL at 1.6100 LEVEL. So stay tuned for MARKET UPDATES.
EURNZD - Buy stop orders to take out ✅Hello traders!
‼️ This is my perspective on EURNZD .
We can see here pretty the same structure as on the picture, a lot of buy/sell stop manipulation, so know I expect price to take out buy stop orders higher.
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EURNZD...BUY (320 PIPS)With a RR of 1:3,technically i expect EN to fill Tuesday's NEw York session's strong sell and form a new high on EN. If not this week, i believe the new high will be higher than that of last week's.
EURNZD CHART ANALYSIS POSTED ON SUNDAY 15 JANUARY 2023EURNZD CHART ANALYSIS!!!
Let's see how this pair will perform based on the analysis.
Make sure you do your research and based on your confluence please look for the entry.
Trade safe use proper risk management always.
EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD
Currently, according to the CURRENTLY STRENGTH, the EUR is slightly UP. The reason is that ECB RATE HIKE SENTIMENT is PRICE. The ECB is getting HAWKISH. Also, the NZD is going up a bit more than the EUR right now. Due to OVERALL MARKET RISK OFF, NZD is going down because COMMODITIES are going down.. Due to this, EURNZD is going up.
EURNZD can go up to the resistance area before going down again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can go up to 1.7177 LEVEL. After that, EURNZD can be SELL by BREAKING STRUCTURES and can SELL at 1.6100 LEVEL. So stay tuned for MARKET UPDATES.
EurNzd could rise back above 1.7 figureConsidering the double bottom from March and April 2022, EurNzd reversed its trend and started to trade in an up channel.
The pair made a high at the 1.75 zone in November and started to fall back to support.
From this support, the pair started to rise again and late December found the pair consolidating and slightly correcting this new leg up.
Yesterday's Pin Bac could be an indication that a new leg up will follow and a break back above 1.7 is probable.
Medium-term traders could have 1.75 as their target for buy trades and negation comes under yesterday's low
EURNZD ShortThe price has been forming a rising channel, which has broken out, a major indication of a strong bearish momentum.
I anticipate that the price will pull back and touch the 0.268 Fib area / at the lower trendline of the channel. My entry position is 1.6825 (after the price has retested the zone) and my stop loss is at 1.691.
My target for this trade is 1.657, a R:R of 1:3.
EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD
Currently, according to the CURRENTLY STRENGTH, the EUR is slightly UP. The reason is that ECB RATE HIKE SENTIMENT is PRICE. The ECB is getting HAWKISH. Also, the NZD is going up a bit more than the EUR right now. Due to OVERALL MARKET RISK OFF, NZD is going down because COMMODITIES are going down.. Due to this, EURNZD is going up.
EURNZD can go up to the resistance area before going down again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can go up to 1.7177 LEVEL. After that, EURNZD can be SELL by BREAKING STRUCTURES and can SELL at 1.6474 LEVEL. So stay tuned for MARKET UPDATES.
EURNZD TRADE IDEA....This is what I see on the cards for EN. GN position we are in for shorts going well, its a h4 position so its going to take some time to develop. This would be good confluence to add this EN pair.
Need to see it sweep up higher personally to to take any sell limit trade. Levels for a limit trade are given in the photo, so lets see.
EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD
Currently, according to the CURRENTLY STRENGTH, the EUR is slightly UP. The reason is that ECB RATE HIKE SENTIMENT is PRICE. The ECB is getting HAWKISH. Also, the NZD is going up a bit more than the EUR right now. Due to OVERALL MARKET RISK OFF, NZD is going down because COMMODITIES are going down.. Due to this, EURNZD is going up.
EURNZD can go up to the resistance area before going down again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can go up to 1.69050 LEVEL. After that, EURNZD can be SELL by BREAKING STRUCTURES and can SELL at 1.6100 LEVEL. So stay tuned for MARKET UPDATES. eurnzd
EURNZD - Bearish price action ✅Hello traders!
‼️ This is my analysis on USDJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect bearish price action from here as price rejected from institutional big figure 1.68000.
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EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD
Currently, according to CURRENTLY STRENGTH, EUR is going down a bit. The reason is that ECB RATE HIKE SENTIMENT is not PRICE. And the NZD is going down a bit more than the EUR right now. COMMODITIES DOWN due to OVERALL MARKET RISK ON, NZD is UP now.. due to this, EURNZD is WEAK.
Therefore, EURNZD can definitely go up to the resistance area of this triangle pattern before going down again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can go up to 1.6780 LEVEL. After that, EURNZD can be SELL by BREAKING STRUCTURES and can SELL at 1.6100 LEVEL. So stay tuned for MARKET UPDATES.
EURNZD | Hrly short Algorthim tradingEURNZD hrly short
Shortstop @ 1.65113
TP #1 @ 1.64758 80% wr
TP #2 @ 1.65252 35% wr
SL @ swing high 1.66115 15% hr
WR and HR determined from past trades on this pair, on this timeframe.
More trades like this on Bifrost Trades.
EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD
Currently, according to CURRENTLY STRENGTH, EUR is going down a bit. The reason is that ECB RATE HIKE SENTIMENT is not PRICE. And the NZD is going down a bit more than the EUR right now. COMMODITIES DOWN due to OVERALL MARKET RISK ON, NZD is UP now.. due to this, EURNZD is WEAK.
Therefore, EURNZD can definitely go up to the resistance area of this triangle pattern before going down again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can go up to 1.6825 LEVEL. After that EURNZD can be SELL by BREAKING STRUCTURES and can SELL at 1.6200 LEVEL. So stay tuned for MARKET UPDATES.
EURNZD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EurNzd to rise back at 1.75?Since the low at the beginning of April, EurNzd has changed the bearish trend and at the end of October reached a high at 1.75.
From that top, the pair began to correct and now is trading at 1.67 zone.
I expect this rise to resume soon and swing traders can adopt 2 strategies for a new test of 1.75.
1. Buy in the 1.6400-1.6450 zone
2. Look for a daily close above the falling trend line of the falling wedge pattern
In both cases, a drop under 1.6 would negate the bullish scenario
