Technical Analysis 1. Large Expanding Triangle with Flagpole 2. Fibonacci Retracement hit 0.618 (Golden Zone) 3. Fibonacci Expansion Safe Level at 1 (Grey Zone) would also hit Trendline and Horizontal Resistance
Price reversal movement continues. I see one strong level 1.7347. Good pair for the medium term. 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...
Eurnzd break out important support line and now price wants to have pullback on support line.
Buy after retest the price. Don't forget Like and leave comment below. Glad to hear that
Check our previous bullish forecast for Eurnzd posted on 21 MAR 👇 Follow for more daily forex content and education 💪 Good luck to you! Don't forget to like and share, it really helps. Stay tuned. This is just an idea, not financial advice.
eurnzd recently broke from 1.6645 and is in Minutte wave iii within Minute wave v and yet to complete wave v correction.
Now wait and see... Find the opportunity break the red trendline The best entry is Buy after retest..
I am not certain that the Euro is ready for Bullish bounce in the nearest future as a continuous rejection of Supply zone and Key level since the beginning of the month remains an emphatic sign of a Bearish bias. Tendency: Downtrend ( Bearish ) Structure: Breakdown | Supply & Demand |Trendline Observation: i. Bearish Trendline: The visual...
Welcome to BittuFX - Trading 🎯 EURNZD 4H TIMEFRAME! EURNZD BUY - 1.65160 🎯TP - 1.65362 🎯TP - 1.65666 🎯TP - 1.66161 📈SL - 1.64852 BittuFX - Copyright © Reserved Use Min Risk ( Don't Use High Lot size ) Leave us a comment or like to keep our content for free Have a great week everyone! ❤ - Bittu -
Like the title says. Long term, though, ... (Weekly); ... a very different picture. (SHORT)
I think there is no trader who hasn't wondered where the eurnzd decline will stop... And I think we are at that point On a weekly chart, we can clearly see a long-tailed Pin Bar in long term horizontal support, followed by a consolidation week and another small Pin Bar, which gives me reasons to think that a bottom is in place and a correction will follow If we...
Since October, EurNzd dropped almost linearity and lost almost 1500 pips. The beginning of the year found the pair in 1.66 zone strong support and, in my opinion, this is the bottom for now. At the time of writing, EurNzd is trading at 1.6743 and dips towards 1.67 can be a good opportunity for building longs. The target for bulls can be 1.7250 resistance and only...
eurnzd made - triple top - rejected confirmation to the downward Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
Although the trend is grossly down for EurNzd, from the beginning of the year, the drop in the pair was marginal, forming a falling wedge. A bottom seems to be in place at this point at 1.6650 zone and is marked by a double bottom on shorter time frames. Now the pair is trading at 1.68 which is also the resistance of the wedge. A break here would expose 1.7 zone...
This has retraced to resistance, looking for it to reject this level and push lower. Target is 1.63124, there are a couple of supports between current price and this target but lots of bearish momentum with this.
Since the beginning of the year, EurNzd is trading in a falling wedge, with the price making marginal lows. On shorter term time frames, the pair made a small double bottom which can give us the idea of a turn. Now EurNzd is facing confluence resistance of horizontal 1.68 level and the resistance of the wedge and a break here would confirm the reversal and gives...
... Short but for now, it is definitely over-done. Buy it up! ... and they're gonna Stop Hunt this before it goes into full retreat! Here is the Weekly; ... so be careful!