Get started

Eurnzdforecast

EURNZD on major support, prepare for a bounceEURNZD is in major fractal support, strong possibility of a bounce occurring. Buy above 1.6818. Stop loss at 1.6716. Take profit at 1.7094. Reason for the trading strategy (technically): Price is testing and has bounced off major support at 1.6818 (Fibonacci retracement, horizontal swiung low support, ascending support, bullish harmonic formation) and a strong bounce could occur at this level to push price all the way up to 1.7094 resistance (Fibonacci extension, horizontal swing high resistance). We do have to be wary of our intermediate resistance at 1.6973 (Fibonacci retracement, horizontal pullback resistance). Stochastic (89,5,3) is seeing strong support above 1.1% where a corresponding bounce could occur.
Long
by MEX_Exchange
3
EURNZD - A place to beLONGHey Friends, This pair has been a cash cow for me since early march I would look to buy possibly at the next set of correction and I'd park the trade there until I get a nice 400+ pip profit.. The overall trend has reversed to a BUY with short, sweet impulses to the upside. I believe the pair could test the 1.81 highs experienced in mid 2015. I think patience and good timing of the buy is all you need here. This could be my personal best trade of the year so if you see what I'm seeing put it on the radar for a buy! Disclosure: Trade at your own risk - if you are not well equipped to make a educated decision on a trade please visit babypips.com - Additionally, read Elliot Wave Theory to learn more about this investment vehicle.
Long
by Mcdoogs
short at 1.7087 short time target 1.6990 = (97pips)short eurnzd short time 1-2 day just pass or been on weekly-monthly resistance overbought in many indicator h1_h4 Eurusd also much overbough and up too fast and i not see a real upbeat in GDP and CPI so a small correction is legit even the NZD is very weak short at 1.7087 target 1.6990 profit =97 pips No sl (just monitoring) all time in 2 positon..when 1 position will reach 30-50% of may target i will cut in gain and let the other at a stop +10-20-30...
Short
by corsicasia
EURNZD Reaches Confluence of Resistance at 1.7030/80I’m going to remain on the sideline to see how this plays out. A bearish candlestick pattern from the 1.7030/80 area would pique my interest. A daily close below trend line support from the June 27 low would also be appealing. If the EURNZD closes above the confluence of resistance near 1.7030/80, I will not entertain a long position. I have a rule that I don’t buy upside breaks of ascending channels, nor do I sell downside breaks of descending channels. Those scenarios often result in false breaks. Source: bit.ly
by Daily-Price-Action
1
short at 1.6880 for target 1.6760 = 110 pipsi short to expect a pullback at 1.6879 target 1.6760. the Nzd are very weak as trhe Leader Peters backed Labour to form a government so the market remain nervous because they scare they will do same as Signapore monetary policy like a "net effective exchange rate target" so is very not good for NZD but all i said is for now is just speculation about ,and when it will be more clear i think Nzd will get back some color. in other side the euro with many problem in Catalonio for the independance ,still up much due to weak dollars today but i thought when dxy will pullback is the euro will get the most impaxt usually. short at 1.6880 all time with 2 different positions (trade) target 1.6760 stop loss= 1.6935 gain= 110 pips risk reward : 1/2.0
Short
by corsicasia
6