currently, we are seeing price testing the 1.8010 resistance level, we have room to go down for +230 pips if the seller manages to push the price to the 1.7775 support level, I will wait for price rejection occur on a lower timeframe before placing any sell order **Disclaimer** the content on this analysis is subject to change at any time without notice, and is...
After reaching almost 1.8 important resistance zone, EurNzd dropped and found support in 1.76 old support zone. Now the pair is correcting this move and I expect a new leg down after this correction. Sell rallies is my strategy for this pair and a good place to search for selling opportunities is above 1.77
Hello Traders, Here is the Top-Down Analysis of EURNZD (Monthly, Weekly, Daily for direction and 4H for entry) for Week 42 - 12 Oct M > Market is moving in a rising channel. Price tested monthly support, faced rejection and started upward move. W > Price created double bottom at support level. D > We saw an M formation and as expected price moved up to...
Possible long setups might form if the price reacts at this zone.. Monitor price action for bullish setups to go long.. Note : Use your strategy also and crosscheck before entering and trades..
Once again, market will always leave clues as to what it wants to do, I do not predict the market but my bias would be for a sell position seeing the price action clues on Monthly however before taking a position, I will wait for price to break through some of the identified zones. If on the other hand Price chooses to continue in the bullish run, I will equally...
Hey tradomaniacs, welcome to new free trade-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! EUR/NZD: Daytrade-Preparation Market-Sell: 1,76390 Stop-Loss: 1,76935 Target 1: 1,75870 Target 2: 1,75350 Target 3: 1,74990 Target for One-Target-Trader: 1,75350 Stop-Loss: 54,5 pips Risk: 0,5% -...
EURNZD 📍 European central bank hinted that they will accommodate all kind of policy measures to help the economy. And the recent gain of euro will hurt the economic developments as Fed and ECB are eagerly waiting to depreciate their currency against one another. 📍 Positive risk on sentiment will help the New Zealand dollar and the lockdown measures in Auckland...
After reaching the 52 week high of 1.8224 AUDNZD is in clear downtrend and it's it is also make some head and shoulder pattern which is clear sign of bearish is territory At around 1.77340 we had a bearish flag it's further accelerate the downfall of EURNZD And major resistance was broken and the resistance turned as support for the downfall the primary target...
Hi all traders. Am looking for this potential trade on eurnzd Cheers!
EURNZD He prefers to sell right now.
Eurnzd on it way to restest the march high/resistance..Buy now to resistance and sell or short from there..Use proper risk management and lot size since this is the weekly timeframe.. Pls donate whatever you can and good luck
- Harmonic pattern - Potential Reversal - Uptrend continuation after retest
Good day, snipers. Here in EUR/NZD, we were recently in a down trending channel, and price seems to broke out from that channel. Price also is trailing above the 8, 20, and 50 EMAs showing a clear uptrend on this pair. I will be looking for a retest on support and the 38.2% Fib Level before going long on this, or maybe not depending on market conditions. Signals...
EURNZD - Correction and Bullish Target..!!
**ENG** - Price rejecting nicely our reversal area, if price closes shooting star at the 2H, it would be a nice indicator of a drop in price. **PT** - Preço a rejeitar muito bem a nossa zona de reversal, se o preço fechar em shooting star no timeframe de 2H, será uma bom indicador de um possível movimento de queda no preço.