A new retest of level 1.6774 in formation. We open a long term position for reach 1.6940 target
Here is our technical outlook on EURNZD. Our analysis is based on current fundamental situation. According to our drawing EURNZD reached a strong demand zone. Based on our view the price will rise. Please, leave a comment and support us with like. ❤️ Please, support our work with like & comment! ❤️
EURNZD In the 4-hour time frame, it hits the bottom line of the trend and is ready to climb. If it goes according to the analysis, the first target is the red line and if it crosses it, it is predicted to the top of the channel. The general trend of this currency pair is bullish and This analysis fails if the canal floor is broken. ** This is just a personal...
I Tried to Make Every Thing Self Explanatory In The Chart
Buys at 1.6942-1.6936 area. - FIB - Key Level - Trendline Target 1 - 40 pips Target 2 - 70 pips Target 3 - 100 pips Target 4 - 170 pips Recommended stop loss - 1.69
Here is our technical outlook for EURNZD. Our analysis is based on current fundamental situation. According to our chart EURNZD is trading within a support area Based on our view the market will accumulate Please, leave a comment and support us with like. ❤️ Please, support our work with like & comment! ❤️
Hey traders, Here is our forecast on EURNZD. The level where the price is trading right now is peculiar and the price will most likely bounce from that. Like, comment and subscribe to our TradingView Page. ❤️ Please, support our work with like & comment! ❤️
Here is our technical outlook for EURNZD. Our analysis is based on fundamental & technical metrics. According to our drawing EURNZD reached a strong support cluster. Based on our analysis the price will rise. Like, comment and subscribe to our TradingView Page. ❤️ Please, support our work with like & comment! ❤️
Goood morning ladies and gents, EURNZD is poised to see higher prices today. It will rally up to the area marked as the final TP over the next week. Why? Simple. There was a consolidation (range) condition prior to a break to the top side. This induced retailers to look for longs, anyone who went long would have their maximum stop below the low of the range....
Good Morning traders! Today we will show you our vision in EUR / NZD, since we consider that in the short term it will present a good trading opportunity. Now we are going to explain why we say this: 🔸First of all, if we focus on the long-term chart (Daily), we see that the price bounced off a support zone and broke the Descending Trendline. Since then there...
Price approach a very respected support which is also the low trend of a diamond pattern. We can see a RSI divergence M15, M30 and H1 which confort the idea of a reversal. Should use a SL beneath the lower low (1,66600), use lots consequently.
Here is our today's forecast on EURNZD. Our analysis is based on current market fundamental sentiment. According to our chart EURNZD is coiling on support cluster. Based on our view the market will rise. Like & Comment Our Analysis, Please!
The price has been in a downward turn since March 2020. at the beginning of February 2021, the price broke through the trend support line (September 2019). It touched support at 1.643. This is a strong support line for April 2015. After two touches, the price will rise again. After the price touched a strong support (2015) at 1.643, it bounced back. Then it...
-Several Confluences. Keep it simple -Price Action moving within Bullish Channel -Price just tested 38.2% pivot and bounced right off with heavy support in that line on the daily timeframe -Should create a new higher high in the few weeks to come -You can set your SL below the trend line channel and TP @ 1.618 level or exit before that. Do not forget to bring SL...
Good day traders! Today we will show you our analysis in EUR/NZD and we will explain why we consider that it has upside potential in the short term. 🔸The first bullish sign we have is that the price bounced in a zone of weekly demand. 🔸After that, there was a break of the Descending Trendline. 🔸Those were the first two factors that made us consider a potential...
breakout of trend line and support/resistance zone. Crossover of EMA 9 and 20 occurring too. Target 1 at 1.68989. Make risk free or close at that point. Final target at 1.69765. R:R = 1:3.31