Welcome Back. Please support this idea with LIKE if you find it useful. *** In the event that it continues to rise, this is considered a break of the marathon, so this break will be positive and it will move towards the upside to the resistance indicated on the chart. *** Here is the full analysis for this pair, let me know in the comment section below if you...
As I said yesterday, EurNzd looks bullish with strong support around 1.75 zone. The pair had a quick dive under this zone and reversed strongly to be traded around 1.76 at the time of writing I maintain my first target of 1.78 for this pair and, if the day is closing with bullish engulfing we can see my target reached sooner rather than later
After reaching 1.8 important figure, EurNzd dropped fast and found support at 1.75 zone. The pair si consolidating now just above this support and a new revisit of 1.78 resistance is probable. I'm bullish on this pair as long as the price says above 1.75 on the daily close basis and buying dips is my strategy
- Dump from supply zone, expected retrace back up and another dump. - 1.75859 has acted as a good support level, increasing the likelihood of price retracing once it closes around this level. - Entry set to bottom of the supply zone, with stop loss just above the supply zone. - Target will be the last lower lows.
EUR/NZD: Daytrade-preparation!!! LONG #Swing Eurnzd Market-BUY : 1.77200 Stop-loss : Close Break 1.76800 Target1 : 1.78350 Target2 : - 📌 If you find this helpful and want more FREE forecasts in TradingView 🙏Please show your support back, Hit the LIKE button 👍 Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️
Two days ago, EurNzd put a nice Pin Bar in 1.76 zone visible on the daily chart and, with yesterday's bullish daily candle this completes a morning star candle formation. On h4 chart we can clearly see that the descending trend line is broken and now the pair is consolidating with a slight tent of correction (a flag more or less) 1.77 could be a good place for...
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
After its drop from 1.8 zone, EurNzd found support in 1.77 zone and corrected towards 1.78 resistance. Now the pair seems prepared for a new leg down and the target for this drop can be 1.75 I'm bearish this pair as long as the price stays under 1.78 on the daily close bases
Prince kept moving higher, it didn't reach our marked zone. Momentum was too strong, we will monitor price action for next moves.
Hello Traders, Here is the Top-Down Analysis of EURNZD (Monthly, Weekly, Daily for direction and 4H for entry) for Week 41 - 05 Oct M > Market is moving in a rising channel. Price tested monthly support, faced rejection and started upward move. W > In its upward move price is unable to break resistance level. D > We can see an M formation and price should...
The medium-term trend for EurNzd is up and I expect this to continue and the pair to challenge 1.8200 in the near future. Now the price is in a normal correction which can provide us with a good opportunity to buy on dips. My focus is on 1.78 zone where I will look for a buy signal
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..
- We're gonna wait for a pullback & BUY confirmation near 1.7740 - Our target will be near 1.8100 - If this reaches our target which means it will form a harmonic pattern. - We'll look for sell confirmation from 1.8180 to 1.8120 - Our next target will be near 1.7820
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...