According to Price action Mixed with Retracement
EURNZD 1D LONG with BAT pattern.
After a major drop on EN, we can see price bottoming out. I favor an upside move before potentially continuing further down. However, a break and Daily close above our TP2 could see this pair move further up to the 1.70500 range. For now, I hold onto my corrective bias. @earnwithwern
EUR/NZD looks like a great short. It appears like we will be coming down to 1.689 very shortly if we can break that support level then we should easily fall down to 1.67
Keep an eye out for EURNZD. It has dropped under the 1H 50 EMA. As long as the 50 EMA holds as resistance, we have a go for a move back down. Put your SL above the 1H 50 EMA with a little bit of space to it in case of volatility. Trade safe.
looking for the pair to retest the resistance it broke for short continuation.
EURNZD, eurnzd accumulate for buying, commercials in eur short while nzd short 1k also increased. bullish divergence formed to long.
still going down to the support, then potencial reversal. Today was pretty shitty day, lost money for nothing. i dont see anyt good trade today so i am trying to do analysis on other pairs for future.
Potential for a long opportunity on OANDA:EURNZD . Since across the board EURO is turning around to bullish this pair is starting late.
EURNZD Timeframe: 1D Direction: Long Confluences for Trade: - Price at Long-Term Trendline (since Feb 2017) - Price at Fibo 38% levels - Price around Horizontal Trendline (since Jan 2018) - Divergence of 8 EMA and 50 EMA quite wide - Stochastic Oversold momentum Suggested Trade: Entry @ Area of Interest 1.6610 -1.6750) SL: 1.6464 TP: 1.1.7228 RR:...
EURNZD is reaching a weekly demand zone and has a confirmation bullish pin off of the 1 hr time frame.
Note the hammer candle that pinned the trend line on the daily time frame. Price is just below the 200ema and the candle from Friday kissed the MA perfectly. 1. Price needs to print a bullish candle for today 2. 200ema needs to be broken to the up side 3. Using H4 for entry can be beneficial for a better risk to reward ratio
this is what i am look for this coming week on this pair. thanks
EUR NZD 2018-10- 18 h4 BUY 1.7491 STOP LOSS 1.7420 TP : 1.7550 TP : 1.7580 Volume 2%
please like, comment and follow. see previous analysis below thanks