EURNZD could fall from 2.0300 for a larger correctionEURNZD could fall from 2.0300 for a larger correction
On Friday, EURNZD rose sharply after Trump’s comments to increase tariffs on China. EURNZD retested a strong area located near 2.0300.
I think EURNZD could fall from this area, but again it is a big and complex development overall.
From a tec
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
EURNZD – Possible Reversal / Buy SetupPrice is testing the 2.0150–2.0180 support zone, which acted as a strong base in the last impulse.
Decreasing volume suggests possible accumulation.
A move back toward 2.0250–2.0300 would align with the previous high and volume node.
🎯 Trade Setup
Buy Entry: 2.0180
Stop Loss: Below 2.0150
Take
Is EUR/NZD Setting Up The Ultimate Swing Trade Opportunity?🎭 The Great Euro Heist: EUR/NZD Cash Flow Caper
💼 Mission Brief: Operation Bull Run
Asset Under Surveillance: EUR/NZD (Euro vs Kiwi - yes, I said "Aussie" in the title for the vibes, mate 🦘)
Market: FOREX
Strategy Type: Swing/Day Trade Cash Flow Management
Risk Level: Thief Mode Activated
📊 The In
Bullish bounce off?EUR/NZD has bounced off the pivot, which has been identified as an overlap support that aligns with the 38.2% Fibonacci retracement and could rise to the swing high resistance.
Pivot: 2.00180
1st Support: 2.98927
1st Resistance: 2.02961
Disclaimer:
The above opinions given constitute general mar
eurnzd buy signal. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it acc
EURNZD: Will Keep Falling! Here is Why:
The price of EURNZD will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤
EURNZD Consolidation Potential supporting in the Long-termEURNZD reflects uncertainty around trade tariffs on China any increase in tariffs or trade tension could limit NZD strength as NZD is sensitive to Chinese demand potentially supporting EUR in the short term.
However, political issues in France — particularly around the Prime Minister’s leadership —
#EURNZD:Price accumulated now time for distribution! Price completed accumulated and now we expecting a strong bullish price distribution. Next week we can see price going and crossing our target with strong bullish volume kicking in the market. Price may go beyond 2.20 region; let's see how it goes.
Good luck and trade safe!
Team Setupsfx_
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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 2.03038 NZD — it has increased by 0.04% 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 0.80%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURNZD showed a 0.86% rise over the past week, the month change is a 2.91% rise, and over the last year it has increased by 13.19%. 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 strong 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.