H4 - Price respected a strong resistance zone and is bouncing lower. Bearish convergence. No opposite signs. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
Welcome back! Let me know your thoughts in the comments! ** EURAUD 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...
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...
I've spotted 2 demand zones ( level on top of level) for EURNZD between 1.78258 and 1.78127 (first demand level) on the 1 hour chart. If price retraces to this zone, I'll be considering a long position. My target is set at 1.79537 (first demand level price target), with a potential for a 6.4 R reward. That's 6.4 units of profit for every unit of risk. I plan to...
My previous analyses involved shorting the Kiwi against the US dollar and longing the Euro against the US dollar. Rather, you may participate in long EURNZD.
Hello everyone! Hope you all had a great weekend. I wanted to share this trade I just took on FX:EURNZD for a RRR of 6:1, seeing a great buy opportunity from supply and demand zone. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. Good luck this week everyone! Regards, Enzo
✅EUR_NZD is going down to retest a horizontal support of 1.7800 Which makes me locally bullish biased And I think that we will see a rebound And a move up from the level Towards the target above at 1.7920 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
EUR-NZD broke out of The bullish wedge While trading in an Uptrend which confirms The bullish bias we had So now a further move up Is to be expected !
EUR/NZD’s rebound this month has lacked strength, just as the cross approaches a stiff hurdle at the early-May high of 1.7835. Chances are that EUR/NZD could settle in a 1.7150-1.7850 range in the near term. This follows a retreat in April from the top of a rising channel since 2015. Any break above immediate support at Tuesday’s low of 1.7570 would raise the odds...
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
I will be looking for shorts if EURNZD gets rejected at this level. Trade safe! let me know what you think!
Bullish Divergence with MACD and Break above the Bearish Trend line are the evidences of trend reversal we can target the Fibonacci Projection Parallels legs and Extension levels we may hove some retracement along the Move up which is very normal for a healthy uptrend
EURNZD will meet its support on the trendline and combined with its 0.618 Fibonacci retracement area. We are seeing potential rejection with good entry point around 0.75-0.755 with stop loss at 0.7356 and long target at 0.811 Good luck! Happy profit
overbought weak supply 1H POI 15m Confirmation Sell Side Liquidity
Trading charts are the graphic representations created by an asset's price movements over time, which are used by traders as part of their technical analysis.
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
On EUR/NZD we have a bullish setup this morning. a strong level has already been formed in the market, closing in less than 3 hours with a +1.5% gain. currently, the price seems to be heading towards the 1.7878 zone, where we have another bearish strong level. As always, we need to wait for the right confirmations on m15 and h1 before entering the market. risk...
Hello,Friends! The BB upper band is nearby so EUR-NZD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.739. ✅LIKE AND COMMENT MY IDEAS✅