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on a daily in comments this has a big drop as very clear motive wave and perfect school correction. now that move downwards the way that is moving in those parallels seems that is printing a diagonal. so since it is a beginning after a correction im expecting a motive wave, and in those parallels that last drop its too big for anything else to be considered...
EURNZD expected to rise up to 1st resistance at 1.67996 where it could potentially react off and drop down to 1st support at 1.66560. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURNZD expected to rise up to 1st resistance at 1.68045 where it could potentially react off and drop down to 1st support at 1.66691. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURNZD bounced off its support at 1.65553 where it could potentially rise further to 1.66948. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Welcome traders, to this new trading idea! We are looking at the EURNZD pair on the daily chart right now. Last week we saw a trend reversal with a massive bearish momentum to the down side. As we look on a higher timeframe, we expect the new trend to establish and look for a potential reversal to enter this trade. A potential entry point for this short is...
The pair has rallied to the 50 fib retracement that also was the 50MA on D. Although the pair went above the resistance ( yellow line ), it closed the day below it printing an inverse hammer. All that makes me think that the pair is ready to continue its downtrade probably to the 1.673 area and maybe even lower to the 1.6625 area. On the 4H chart we can see how...
Watch Price and Candle for Strong Sell - BUY & SELL As Per Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
EURNZD expected to rise up to 1st resistance at 1.70451 where it could potentially react off and drop down to 1st support at 1.69572. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
The pair has reached an area of resistance and looms ready to continue its downtrend. We see the formation of a Doji/Hammer candlestick yesterday. The next area of support is the 1.673 area. If we look at the 2H timeframe (or 4H but it looks more clear in 2H) we see how the pair has broken the trendline of a very weak recovery right at the resistance area.
EURNZD is expected to drop to 1st support at 1.66912 where it could potentially react off and up to 1st resistance at 1.68917. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and...
my target in long-run ~ 1.6500 I guess that it will take several months to reach target ~~
Analysis team placed another sell on EURNZD @1.7221 with the target @1.7000
I previously marked up EURNZD with a bullish prospective ( i have attached the previous mark ups). Price recently broke out bullish after respecting support. Price is currently moving bearish into what i would see as a retracement. So price has the potential to reach the support i have marked at the grey price line which is also our entry and move bullish again....