EURNZD: Rising Wedge Signals Potential ReversalEURNZD: Rising Wedge Signals Potential Reversal
The price is moving within a rising wedge pattern, which usually signals a potential bearish reversal.
Recently, the price reached 2.0300, marking a new all-time high that dates back to November 2009. Overall, the EURO is very overvalued.
If the we
About Euro / New Zealand Dollar
The Euro vs. the New Zealand Dollar. The New Zealand dollar had performed well against the Euro recently because it is often considered to be a proxy for the Chinese growth. Eurozone weakness may limit any significant reversal if concerns about Chinese growth occurs as the country shifts from export lead growth. The NZD has benefited from the recent Euro-zone difficulties due to idle cash efforts to find strong, secure yields.
Related currencies
EUR-NZD Bearish Breakout! Sell!
Hello,Traders!
EURNZD price has broken down from a rising wedge structure, signaling Smart Money shift from accumulation to distribution. SMC suggests bearish momentum towards the 2.0180 target zone. Time Frame 2H.
Sell!
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EUR/NZD Created H&S Pattern ,Short Setup Valid To Get 200 Pips !Here is my 2H Chart On EUR/NZD , The price creating a very clear reversal pattern ( head and shoulders pattern ) and the price made a very good bearish price action now from good res area so we can enter a sell trade now Or Waiting the price to go back to retest the broken neckline and targeting fro
EUR/NZD BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
It makes sense for us to go short on EUR/NZD right now from the resistance line above with the target of 1.988 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by
October 05, Forex Outlook: Key Moves to Watch This Week!Welcome back, traders!
In today’s video, we’ll be conducting a Forex Weekly Outlook, analyzing multiple currency pairs from a top-down perspective—starting from the higher timeframes and working our way down to the lower timeframes.
Our focus will be on identifying high-probability price action s
EURNZD The Target Is UP! BUY!
My dear subscribers,
EURNZD looks like it will make a good move, and here are the details:
The market is trading on 2.0172 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2.0224
About Used Indicators:
The
EURNZD-SellFor supporting reasoning please refer to NZDCHF-Buy
Approach EVERY trade with caution because there is no definite direction as of right now.
EURNZD is attempting a short position but is the market ready to take a risk with NZD 🤷🏽♀️.
Find out next time on NKEcommerce. Have Prosperous Trades and
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of EURNZD is 2.00367 NZD — it has increased by 0.01% in the past 24 hours. See more of EURNZD rate dynamics on the detailed chart.
The value of the EURNZD pair is quoted as 1 EUR per x NZD. For example, if the pair is trading at 1.50, it means it takes 1.5 NZD to buy 1 EUR.
The term volatility describes the risk related to the changes in an asset's value. EURNZD has the volatility rating of 0.73%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURNZD showed a −0.53% fall over the past week, the month change is a 1.02% rise, and over the last year it has increased by 12.91%. Track live rate changes on the EURNZD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
EURNZD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade EURNZD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with EURNZD technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the EURNZD shows the buy signal, and 1 month rating is buy. See more of EURNZD technicals for a more comprehensive analysis.