EURNZD: Ready To Loot 200+ Pips? Breakout Plan Active💰 EURNZD "Euro vs Kiwi" Forex Bank MONEY LOOTING PLAN (Swing/Day Trade) 🚀
📌 Trading Plan (Thief Layer Strategy)
Bias: Bullish (Pending Order Plan) 🟢
Breakout Entry: Watch for ⚡ breakout above 2.04500 (major resistance).
Layered Limit Orders (Thief Style):
Buy Limit @ 1.98800
Buy Limit @ 1.99000
Buy Limit @ 1.99200
Buy Limit @ 1.99500
(You can add more layers depending on your strategy.)
Stop Loss (Thief SL): @ 1.98500 📍
(Adjust SL as per your risk tolerance — this is not financial advice.)
Target: Strong resistance + overbought zone near 2.01300 🎯
(Take profit when satisfied — manage risk, lock profits, and don’t get trapped.)
⚠️ Tip: Set an alert on TradingView at the breakout level to catch moves without stress.
📊 EUR/NZD Market Snapshot (Sept 7, 2025)
Daily Change: +0.01% (Flat, stable vibes)
Current Momentum: Building energy for potential breakout 💥
🧑🤝🧑 Sentiment Outlook
Retail Traders: 61% Bearish 🐻 | 39% Bullish 🐂
→ Retail leaning short, expecting NZD strength.
Institutions: Mildly Bullish 🐂
→ Favoring EUR upside from Eurozone recovery flows.
Overall Mood: Neutral 😐 → Balance of caution + opportunity.
😨📈 Fear & Greed Index
Score: 49 ⚖️ (Neutral Zone)
→ Market is calm, neither overheated nor fearful.
🔍 Fundamental & Macro Overview
EUR Fundamentals: 7/10 💪
→ GDP +0.9%, inflation cooling (2.0%), ECB easing support.
NZD Fundamentals: 6/10 🛡️
→ GDP +1.2%, RBNZ steady, exports steady but China slowdown a drag.
Macro Score: Bullish Tilt 🟢
→ Interest rate gap favors EUR; Eurozone current account +3.4%.
🎯 Thief Strategy Reasoning — WHY THIS PLAN?
Technical: Breakout confirmation above 2.04500 + layered entries (Thief style).
Fundamental: EUR showing resilience while NZD faces export headwinds.
Macro: Eurozone edges ahead with positive balance & easing monetary stance.
Sentiment: Retail shorts fuel potential squeeze higher.
Fear & Greed: Balanced — supports controlled upside moves.
📈 Related Pairs to Watch
Correlated Assets Monitoring:
OANDA:EURAUD (Euro vs Australian Dollar)
OANDA:NZDCAD (New Zealand Dollar vs Canadian Dollar)
FX:EURUSD (Euro vs US Dollar)
OANDA:AUDNZD (Australian Dollar vs New Zealand Dollar)
Why watch these? They provide confirmation signals for EUR strength and NZD weakness across multiple fronts .
✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!”
#EURNZD #Forex #SwingTrade #DayTrading #BreakoutStrategy #ThiefTrader #LayerStrategy #ForexCommunity #TradingViewIdea #FXSetups
Eurnzdanalysis
Ready To Raid This EUR/NZD Bullish Breakout With Me?🦹♂️⚡ HEIST ALERT: EUR/NZD BULLISH BREAKOUT INBOUND! ⚡🦹♂️
Asset: EUR/NZD "Euro vs Kiwi" Forex Bank (Swing/Day Heist)
Plan: BULLISH (Pending Order Layering Plan)
🎯 THE MASTER PLAN:
Dear Money Makers & Robbers! 🤑💰 Based on the 🔥Thief Trading Style Analysis🔥, we are plotting a BULLISH HEIST on the Euro vs Kiwi bank! Our intel suggests a major breakout is brewing. Time to load up and ride the lightning! ⚡
📍 ENTRY - THE HEIST IS ON!:
⚡ Phase 1: Breakout Entry @ 2.00200
Wait for the level to get SMASHED! Set a BUY STOP order to catch the explosive move.
♻️ Phase 2: Pullback & Layer Entry @ 1.97500 & ABOVE
True Thief style! We use LAYERS! After the breakout, place BUY LIMIT orders on any pullback toward 1.97500. This is how the pros stack the cash! 💵💵
📢 YO, LISTEN UP! 🗣️ Set a TRADINGVIEW ALARM 🔔 at 2.00200! Don't miss the breakout signal. A true thief is always prepared!
🛑 STOP LOSS - PROTECT THE BOOTY:
• Breakout Entry SL: This is the Thief's secret SL @ 1.99000
• Pullback/Layer Entry SL: Place your hideout @ 1.96000
📌IMPORTANT INSTRUCTION: Do NOT place your stop loss until AFTER the breakout or pullback entry is triggered! Place it only after you're in the trade. Adjust your final SL based on your own risk and strategy, you rebellious pirates! 🏴☠️⚠️
🎯 TARGET - ESCAPE WITH THE LOOT:
• Final Target: @ 2.02500 🎯
The top is a high-voltage area! ⚡ The market will be overbought and the guards will be alert. Take your stolen profits and ESCAPE before the trend reverses! Don't get greedy! Cash out and treat yourself, you deserve it! 🏆💸🍾
⚠️ GENERAL ORDERS:
• News Releases: Avoid new trades during high-impact news. Manage your running positions! 📰🗞️
• This is not personalized advice. This is our heist plan. Your risk is your own! 👊
• Boost this idea! 💥 Hit the Boost Button 💥 to support the crew and help us plot more profitable heists! 🚀🤝❤️
I'll see you at the target, thieves! Stay tuned for the next score! 🤑👊
#Forex #Trading #EURNZD #TradingPlan #PriceAction #SwingTrading #DayTrading #ForexSignals #Breakout #Bullish #Buy #TechnicalAnalysis #ThiefTrader #ForexLife #Profit #Investing #AlgorithmicTrading #SwingTrade
EURNZD Daily Analysis: Watching Support for a Bullish Break💶🇳🇿 EURNZD on the daily timeframe is clearly in a bullish trend 📈.
Right now, price is experiencing a deep pullback 🔽, and I’ll be watching closely to see if it holds at the key support level 🛑📊.
If we get a bullish break of structure 🔓🟢 from here, it could open up a long opportunity 🎯🚀.
⚠️ This is for educational purposes only and not financial advice 📚
EURNZD Eyes 1.99 — Technical & Fundamental Bulls AlignedToday, I want to analyze EURNZD ( OANDA:EURNZD ) for you, which is in good shape both technically and fundamentally .
Please stay with me.
EURNZD is moving close to the Support zone(1.88750 NZD-1.7970 NZD) and 100_SMA(Daily) and has managed to form a Double Bottom Pattern .
From the perspective of Elliott Wave theory , EURNZD seems to have completed the main wave 4 , and we should wait for the main wave 5 . The main wave 5 could complete at the Heavy Resistance zone(2.120 NZD-1.9927 NZD) .
-----------------------------------
EURNZD – Fundamental Analysis:
The EURNZD pair currently reflects a divergence between two very different economic outlooks.
Eurozone (EUR):
The European Central Bank (ECB) has recently begun cutting interest rates to support slowing economic activity, especially in the industrial and manufacturing sectors. Despite this dovish shift, inflation remains relatively under control, and the euro has held up well against riskier currencies thanks to global uncertainty and safe-haven flows.
New Zealand (NZD):
New Zealand's economy is under pressure. The latest GDP figures confirmed a weak growth outlook, and signs of a technical recession are mounting. While the Reserve Bank of New Zealand (RBNZ) has maintained a relatively hawkish tone, it faces a dilemma: inflation is sticky, but domestic demand and housing remain fragile. The RBNZ may be forced to soften its stance sooner than expected.
Outlook:
This fundamental backdrop supports a bullish bias for EURNZD. The euro’s relative stability versus the increasingly vulnerable New Zealand dollar makes this pair attractive for long positions — especially if upcoming NZ data disappoints or global risk sentiment weakens further.
-----------------------------------
Based on the above explanation, I expect EURNZD to rise to at least 1.9917 NZD .
Note: Stop Loss(SL): 1.8779 NZD
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/New Zealand Dollar Analyze (EURNZD), Daily time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
eurnzd sell signal. 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
EURNZD - Expecting Bullish Continuation In The Short TermH1 - Strong bullish momentum.
No opposite signs.
Until the two Fibonacci support zones hold I expect the price to move higher further.
If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀
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eurnzd analysis elliot. 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
EUR/NZD priming for super upside -Cup of tea!Another LARGE Cup and Handle is forming on EUR/NZD.
It's the race between the EURO and the NZD - Either way the rand (in south africa) is cooked haha - cry.
Some reasons for Euro upside may include:
~ Eurozone fundamentals healthier than NZ’s.
~ NZ economy shows lingering softness.
~ NZD is oversold and ripe for correction.
~ Sentiment and models align bullishly for EUR/NZD.
Right now we are waiting for a breakout due to
Cup and Handle
Price>20 and 200MA
Target 2.0546
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR/NZD Creating H&S Pattern , Short Setup Valid Now !Here is my 4H Chart On EUR/NZD , The price creating a very clear reversal pattern ( head and shoulders pattern ) and the price made a very good bearish price action now from good res area so we can enter a sell trade now and targeting the neckline for this pattern and if we have a clear 4H Closure Below My Neckline we can add another entry But as i mentioned we need to see a clear closure below the neckline so the pattern still not confirmed and we can sell after we have a clear closure below our neckline and targeting from 100 : 150 pips , if we have not a closure below the neckline then we can`t add the second sell entry .
eurnzd sell signal. 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
Dynamic Entry Alert – EUR/NZD Bearish Heist Execution!💣 EUR/NZD Robbery Blueprint: The Kiwi Vault Bearish Heist Plan 💰🕵️♂️
🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑💰✈️
This ain't your usual trading tip — it’s a Thief Trading Masterstroke 🎯. We're gearing up for a high-stakes heist on the EUR/NZD forex market. Time to crack open the Kiwi vault and rob those bullish bandits blind! 😼💣
🧠 Strategic Mindset:
🔍 We're targeting the oversold consolidation zone. Bullish traders think they’re safe? Think again. This area is a trap — the perfect bait for our bearish ambush. Expect trend reversal vibes, layered with juicy liquidity grabs.
🕵️♂️ Entry Plan:
🎯 Sell Entry: The vault is wide open! Swipe the Bearish loot at any price - the heist is on!.
💣 Setup:
Sell Limit Orders at nearest swing highs (15m or 30m timeframe)
Use DCA / Layering Method for multiple entries (scalp or swing tactics)
📌 Set your Alert 🚨 — no breakout, no entry. Patience pays.
🛑 Stop Loss Strategy (SL):
No premature moves! Don’t place that SL till we get the confirmed break.
🔥 SL Recommendation:
Just above 1.95400 (4H candle wick swing high)
Adjust based on lot size and number of layers
📍 Remember, the market’s a jungle — stay sharp or get sliced.
🎯 Take Profit (TP):
💵 Target Zone: 1.92500
(But hey, escape early if the vault starts shaking. Protect your gains like a pro.)
📊 Macro Intel – Why This Works:
This isn’t random — it's backed by our 🔥 combo of:
COT Reports
Sentiment Analysis
Quant/Algo Bias
Intermarket Correlation
Fundamental + Technical Confirmation
📌 You can dig deeper — but trust me, this setup’s been scouted like a pro job.
⚠️ Risk Protocols:
Avoid entries during high-impact news
Use Trailing SLs to lock in the loot
Adjust position size to suit your personal bankroll & risk appetite
🔥 Final Word from the Thief:
Smash that 💥Boost Button💥 if you're vibing with the heist plan!
Support the squad, stay profitable, and rob the market — legally, of course.
We don’t trade, we infiltrate.
We don’t predict, we execute.
📡 Stay tuned… More robbery blueprints coming soon!
🤑🐱👤🚨💸💪 #ThiefTrader #ForexHeist #EURNZDShortPlan
Euro vs Kiwi Bull Raid: High Reward Target Strategy🏴☠️EUR/NZD Heist Plan: "Robbing the Kiwi Vault with Thief Trading Style" 💰🔥
🌍 Hi! Hola! Ola! Bonjour! Hallo! Marhaba! 🌍
Dear Money Makers, Chart Bandits & Market Strategists! 🤑💸✈️
Here’s the EUR/NZD (Euro vs Kiwi) blueprint crafted using the signature 🔥Thief Trading Style🔥 — a blend of bold technicals, insightful fundamentals, and pure tactical precision. We’re setting our sights on a potential bullish breakout — targeting the high-security resistance zone where big money hides.
💡The Robbery Plan (Thief Entry Setup):
🟢 Entry Point:
"The vault is wide open — time to extract the bullish loot!"
⚔️ Entry can be taken at market price, but the smarter thieves use a layered Buy Limit strategy at pullback zones (near swing lows/highs on the 15-30 min TF) to snipe the best entries with reduced exposure.
🔁 Scaling in = DCA-style Thief Method: split entries for efficiency, just like robbing in waves.
🔻 Stop Loss Plan (Escape Route):
🔒 Place SL below the recent swing low using 3H timeframe (1.94000 for scalpers/day traders).
🛡️ Adjust based on risk appetite, lot size, and number of entries in play.
🎯 Take Profit Target:
🏁 Exit the heist near 1.97700, where strong resistance awaits. That’s the Danger Zone — the edge of our mission.
🔍EUR/NZD Outlook Snapshot:
This pair is flashing bullish vibes due to:
🏛️ Macro & Fundamental tailwinds
📊 COT positioning & Sentiment readings
🔗 Intermarket influences
📈 Price structure & liquidity zones
For more depth: dive into external analysis tools, COT reports, and sentiment dashboards to fine-tune your view. The direction is clear — the bulls are assembling.
⚠️ Trading Alerts & Risk Management Reminders:
🚨 News releases = volatility mines.
Before entering, make sure to:
Avoid new positions near red-flag economic events
Protect your open trades with trailing SLs or partial exits
Stay alert — the market shifts fast, adapt faster
💬 Final Word from the Vault Boss:
📢 Smashing likes = boosting the crew. 💥
Support the Thief Trading Style by hitting the BOOST button and keep the robbery crew rolling strong 💪💸
We're here to outsmart the market — one clean chart raid at a time.
Stay tuned for the next master plan. Until then, rob smart, rob safe. 🧠🔐💥
EUR/NZD Made H&S Pattern , Short Setup Valid After Confirmation Here is my 1H Chart On EUR/NZD , The price created a very clear reversal pattern ( head and shoulders pattern ) But the price Still not close below the neckline so the pattern still not confirmed and we can sell after we have a clear closure below our neckline and targeting from 50 : 150 pips , if we have not a closure below the neckline then we can`t sell and this idea will not be valid anymore .
Euro vs Kiwi Bull Raid: High Reward Target Strategy🏴☠️EUR/NZD Heist Plan: "Robbing the Kiwi Vault with Thief Trading Style" 💰🔥
🌍 Hi! Hola! Ola! Bonjour! Hallo! Marhaba! 🌍
Dear Money Makers, Chart Bandits & Market Strategists! 🤑💸✈️
Here’s the EUR/NZD (Euro vs Kiwi) blueprint crafted using the signature 🔥Thief Trading Style🔥 — a blend of bold technicals, insightful fundamentals, and pure tactical precision. We’re setting our sights on a potential bullish breakout — targeting the high-security resistance zone where big money hides.
💡The Robbery Plan (Thief Entry Setup):
🟢 Entry Point:
"The vault is wide open — time to extract the bullish loot!"
⚔️ Entry can be taken at market price, but the smarter thieves use a layered Buy Limit strategy at pullback zones (near swing lows/highs on the 15-30 min TF) to snipe the best entries with reduced exposure.
🔁 Scaling in = DCA-style Thief Method: split entries for efficiency, just like robbing in waves.
🔻 Stop Loss Plan (Escape Route):
🔒 Place SL below the recent swing low using 3H timeframe (1.94500 for scalpers/day traders).
🛡️ Adjust based on risk appetite, lot size, and number of entries in play.
🎯 Take Profit Target:
🏁 Exit the heist near 1.98500, where strong resistance awaits. That’s the Danger Zone — the edge of our mission.
🔍EUR/NZD Outlook Snapshot:
This pair is flashing bullish vibes due to:
🏛️ Macro & Fundamental tailwinds
📊 COT positioning & Sentiment readings
🔗 Intermarket influences
📈 Price structure & liquidity zones
For more depth: dive into external analysis tools, COT reports, and sentiment dashboards to fine-tune your view. The direction is clear — the bulls are assembling.
⚠️ Trading Alerts & Risk Management Reminders:
🚨 News releases = volatility mines.
Before entering, make sure to:
Avoid new positions near red-flag economic events
Protect your open trades with trailing SLs or partial exits
Stay alert — the market shifts fast, adapt faster
💬 Final Word from the Vault Boss:
📢 Smashing likes = boosting the crew. 💥
Support the Thief Trading Style by hitting the BOOST button and keep the robbery crew rolling strong 💪💸
We're here to outsmart the market — one clean chart raid at a time.
Stay tuned for the next master plan. Until then, rob smart, rob safe. 🧠🔐💥
Dynamic Entry Alert – EUR/NZD Bearish Heist Execution!💣 EUR/NZD Robbery Blueprint: The Kiwi Vault Bearish Heist Plan 💰🕵️♂️
🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑💰✈️
This ain't your usual trading tip — it’s a Thief Trading Masterstroke 🎯. We're gearing up for a high-stakes heist on the EUR/NZD forex market. Time to crack open the Kiwi vault and rob those bullish bandits blind! 😼💣
🧠 Strategic Mindset:
🔍 We're targeting the oversold consolidation zone. Bullish traders think they’re safe? Think again. This area is a trap — the perfect bait for our bearish ambush. Expect trend reversal vibes, layered with juicy liquidity grabs.
🕵️♂️ Entry Plan:
🎯 Sell Entry Trigger: Wait for a clean break below 1.94500.
💣 Setup:
Place Sell Stop Orders below the MA Support Breakout
Or... go stealth: Sell Limit Orders at nearest swing highs (15m or 30m timeframe)
Use DCA / Layering Method for multiple entries (scalp or swing tactics)
📌 Set your Alert 🚨 — no breakout, no entry. Patience pays.
🛑 Stop Loss Strategy (SL):
No premature moves! Don’t place that SL till we get the confirmed break.
🔥 SL Recommendation:
Just above 1.95700 (4H candle wick swing high)
Adjust based on lot size and number of layers
📍 Remember, the market’s a jungle — stay sharp or get sliced.
🎯 Take Profit (TP):
💵 Target Zone: 1.92500
(But hey, escape early if the vault starts shaking. Protect your gains like a pro.)
📊 Macro Intel – Why This Works:
This isn’t random — it's backed by our 🔥 combo of:
COT Reports
Sentiment Analysis
Quant/Algo Bias
Intermarket Correlation
Fundamental + Technical Confirmation
📌 You can dig deeper — but trust me, this setup’s been scouted like a pro job.
⚠️ Risk Protocols:
Avoid entries during high-impact news
Use Trailing SLs to lock in the loot
Adjust position size to suit your personal bankroll & risk appetite
🔥 Final Word from the Thief:
Smash that 💥Boost Button💥 if you're vibing with the heist plan!
Support the squad, stay profitable, and rob the market — legally, of course.
We don’t trade, we infiltrate.
We don’t predict, we execute.
📡 Stay tuned… More robbery blueprints coming soon!
🤑🐱👤🚨💸💪 #ThiefTrader #ForexHeist #EURNZDShortPlan
EURNZD Trendline & Hawkish ECB Bias Support Bullish ContinuationEURNZD is holding beautifully above the ascending trendline on the 4H, and I’m watching this level closely for a bounce continuation setup. Fundamentally, the euro remains supported by sticky inflation and hawkish ECB commentary, while the kiwi is showing softness after dovish signals from the RBNZ and mixed jobs data. If this trendline holds, I’ll be targeting a retest of the upper wedge resistance near 1.9640.
🔍 Technical Setup (4H):
Structure: Ascending triangle forming – price is pressing into dynamic support.
Support Zone: Around 1.9480 trendline area – price rejected this level several times in July.
Resistance Target: 1.9640 highs – double top and triangle resistance.
Bullish Confirmation: Rebound with bullish engulfing or strong 4H close above 1.9525 could trigger long setup.
Invalidation: Clean break below trendline and 1.9440 invalidates bullish scenario short-term.
💡 Fundamental Insight:
EUR Drivers:
ECB members remain cautious about declaring victory on inflation.
German and Eurozone CPI data remain above target, supporting higher-for-longer ECB stance.
Speculation that ECB won't cut aggressively compared to RBNZ.
NZD Weakness:
RBNZ minutes show concern over downside inflation risks.
Labor market cooling, and migration pressures remain high.
Commodity and China-linked sentiment weakening NZD.
⚠️ Key Risks:
If Eurozone inflation or PMI data surprises to the downside, EUR may weaken.
RBNZ hawkish pivot or surprise tightening would flip sentiment toward NZD.
Global risk-on could favor NZD as a high-beta currency.
🧭 Summary:
I’m bullish on EURNZD as long as price holds above the trendline near 1.9480. The technical structure shows a clean ascending pattern, and the fundamentals currently favor EUR strength over NZD. My eyes are on a potential move toward 1.9640, especially if upcoming ECB rhetoric stays hawkish. EURNZD tends to lead NZD-crosses like NZDJPY or NZDCHF in risk-off regimes and could signal euro strength if it breaks out. Watching closely for price action confirmation.
eurnzd sell signal. 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
EURNZD sell signal. 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
eurnzd sell signal. 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
eurnzd sell signal. 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
EURNZD is in the downtrend after breaking TrendlineHello Traders
In This Chart EURNZD 4 HOURLY Forex Forecast By FOREX PLANET
today EURNZD analysis 👆
🟢This Chart includes EURNZD market update)
🟢What is The Next Opportunity on EURNZD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURNZD – Bearish Reversal Expected from Channel Top ResistanceEURNZD has reached the upper boundary of a well-defined ascending channel on the 2H chart and printed a rejection wick, suggesting exhaustion and potential for a pullback. The pair is likely to retrace toward the channel midline or base, with downside targets near 1.9423 and 1.9264, assuming confirmation follows.
🧠 Fundamentals:
EUR Drivers:
ECB remains cautious with weak Eurozone inflation and rising recession risks.
Recent German and Eurozone data (retail sales, factory orders) disappointed.
Political instability in France and ECB’s dovish tone are capping upside momentum in the euro.
NZD Drivers:
RBNZ remains one of the more hawkish central banks, reiterating restrictive stance despite slowing inflation.
Dairy auctions improved recently, adding strength to NZD fundamentals.
China exposure is a double-edged sword — optimism helps, but slowdown risk remains.
🔍 Technical Structure:
Clear ascending channel from mid-June remains intact.
Price rejected perfectly at the upper trendline near 1.9585.
Strong bearish divergence may form if rejection persists.
Bearish scenario targets the 1.9423 zone first (support + midline), then 1.9264 (bottom of channel).
Invalid if price breaks and closes above 1.9600 on strong volume.
⚠️ Risk Factors:
A sudden euro bid from safe-haven demand or ECB surprise could break the channel.
NZD weakness could emerge if China disappoints or RBNZ shifts tone unexpectedly.
🔁 Leader/Lagger Dynamics:
EURNZD often lags risk-sensitive NZD pairs (like NZDJPY, NZDCAD), especially during Asia session moves. However, during European hours, EUR’s tone can dominate due to ECB speeches or EU data.
✅ Trade Bias: Bearish
TP1: 1.9423
TP2: 1.9264
SL: Above 1.9600
Event to Watch:
ECB speakers this week
China CPI/PPI (affects NZD)
US CPI (indirect cross-pressure on both currencies)
📌 Look for bearish confirmation on the 2H/4H candle close below 1.9540. Risk-reward favors a tactical short if the channel structure holds.