EURNZD BullishPrice has come back to our support and has tested 0.5 fib. We should be in and our stop loss slightly below the 0.618 fibLongby mphumuzimhlanga1
EURNZD BULLISHMarket broke a descending daily channel to the upside. I saw it creating an uptrend on the 2h timeframe and now broke resistance. we will wait for a retest of support then enter a buy preferably on the 0.5 fib . Our take profit should be the resistance of 1.82502Longby mphumuzimhlanga0
EURNZD scalping for 70 PIPS READ DESCRIPTIONBased on the technical analysis and market sentiment provided, let's analyze the potential trade setup for EUR/NZD: 1. **Support and Demand Zones**: EUR/NZD is currently at a 2-hour support zone ranging from 1.80000 to 1.80200. This indicates a potential area where buyers are likely to step in, aligning with the demand zone. It suggests a favorable entry point for long positions. 2. **Target and Resistance Levels**: The target for this trade is set at the resistance level of 1.80750. Should the price break above this level, the next significant target is at 1.82000. These levels represent potential areas where sellers might emerge, providing opportunities for profit-taking. 3. **COT Data Analysis**: According to the Commitments of Traders (COT) report for the Euro, there were 182,382 long positions and 134,040 short positions. This indicates that 57.64% of traders were holding long positions, while 42.36% were holding short positions. A higher percentage of long positions suggests bullish sentiment towards the Euro. 4. **Client Sentiments**: Client sentiment data for EUR/NZD shows that 65% of traders are holding long positions, while 35% are holding short positions. This sentiment aligns with the overall bullish bias suggested by the COT data. 5. **Technical Analysis Indicators**: - Stochastic: Indicates a sell signal. - Momentum: Shows a buy signal. - Stochastic RSI: Signals a buy. - William Percent Range: Suggests buying opportunities. - EMA (20 to 200) and SMA (20 to 200): Both moving averages are indicating a buy signal. - Hull Moving Average: Indicates a buy signal. 6. **Trade Distribution**: Out of 10,000 trades analyzed, 7,000 were buy trades, 2,000 were sell trades, and 1,000 were neutral. This distribution suggests a strong preference for buying among traders. In conclusion, considering the confluence of technical indicators, market sentiment, and trade distribution, the overall outlook for EUR/NZD appears bullish. The current support and demand zones provide favorable entry points for long positions, with targets set at resistance levels. However, traders should monitor the stochastic indicator for potential sell signals and remain cautious of any sudden shifts in market sentiment or unexpected events that could impact the trade.Longby MOAZAM1133Updated 0
EURNZD Bearish Heish Plan to Loot MoneyHola LOOTERS, This is our master plan to Heist Bearish side of EUR/NZD Market. Guys U can enter at any points, Our target is 1 and 2 Green Zone. My Dear Robbers loot and escape if u make money in this market, Don't wait for Target Point because its Dangerous place. Shortby Thief_TraderUpdated 4
Three waves down, three waves up, sideways patternDear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it. I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision. I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily. I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him. Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, Mr. Nobody Longby mehdi47abbasi797
EURNZD 500 pip drop?!?!EURNZD has been consolidating at this level for a few days now with price rejecting the 50% level of this zone. This zone is high volume and has positive EUR news which pushed price up then following that push up EURNZD was sold off. Shortby Theintuitontrader0
EURNZD SHORT DLong-term target, we shorting all retests on the 4-hour time frames.Shortby bxoleloUpdated 0
EurNzdhello everyone, the euro came in strong this week overall... the price break the resistance currently but the upcoming news can still change the direction or enough for price to be corrected. Note day tf is bullish trading above 50rsi so this correction is for day tf... pull back is possible since price is overbought... NZD is performing poorly against all major currency expect Jpy which is weakest of all.. best way to trade this pair is either wait for pull back or after the storm of news.. good luck.. Longby baigxyUpdated 4
EURNZD AnalysisPrice has mitigated the HTF POI Price has created A change of character for a SELL. And price has also created an inducement as a great confluence for a SELLShortby ucben111
EURNZD 4HEURNZD 4H R:R = 3 RBR ZONE : This zone is calculated by supply and demand method Longby amirprvf0
EURNZD 4H VIEWEURNZD is clearly in bullish trend and I am expecting these zones for buy.Longby FineTrader7861
EURNZDAccording to the waves analysis we can expect that price rise again to the green zone. Follow me for more ideasShortby jalalnova116
EURNZD: Market of Sellers Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the EURNZD pair which is likely to be pushed down by the bears so we will sell! ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals111
eurnzd elliot analysis. Don't forget about stop-loss. 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 according to my strategy. Always make your analysis before a tradeShortby wavesscoutforex112
EURNZD IS MAKING DOUBLE TOP EURNZD is making double top with bearish divergence on 30M time frame which clearly indicate its reversal my trade plane is mention in chartShortby rizwanahmed0603221
EURNZD: Last swing buying opportunity. Dear Traders, -EURNZD, possibly ready for another bullish impulse in coming days, possibly targeting 400 pips. There are two possible entries, take either of the entry, whichever suits your trading plan/bias better. -Use accurate risk management, good luck and trade safe. Longby Setupsfx_Updated 6627
EURNZD Long TradeMARKET PHASE OANDA:EURNZD is in a long term uptrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE There was a buildup of liquidity (sell stops, shorts, long order stop losses) below the corrective structure swing lows. Price violently moved down to trigger the sell stops (liquidity) to pair against the buy orders needed to take price up. Price has now started it’s initial move up but due to the velocity of the upward move, it's gapped orders around 1.79741. Price has now retraced back to this level to meet the demand as we expected. We've just entered our long position with the following criteria, expecting price to continue its longer term uptrend... TRADE OANDA:EURNZD long position opened with the following parameters: Buy Limit: 1.79741 Stop Loss: 1.79514 Take Profit: 1.80195Longby MankzUpdated 112
EURNZD LONGMarket Structure Bullish on HTF Weekly Rejection at AOI Weekly And Daily at same AOI Daily Rejection at AOI Previous Daily Structure Point Around Psychological Level 1.78000 H4 EMA Retest 90% +3 REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay Hydrated #Follow#Share#Comment#Boost Longby mobbie_zwUpdated 3
EUR-NZD Will Go UP! Buy! Hello,Traders! EUR-NZD has retested a Horizontal support level Around 1.7912 and is Going up again while Trading in an uptrend So I believe that we Will see a further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals113
Potential Bearish ImpulseOur thoughts on this pair is still bearish, as spotted first on 12th Dec 2023 to date, we're still convinced that we are a long-term Bears. The market seems to have formed an ending diagonal on the wave c of the smaller degree wave 2, after completion of the formation, we're looking for more downside. Somewhere on our page, we shared a weekly forecast of this instrument. This should be considered as an educational material and not otherwise.Shortby Evaristos112
EURNZDLong Bias on this asset, ⚠️Word of Caution⚠️ setting the buy and sell position tools or drawing of direction lines on my chart doesn't mean I opened a position already or fixated on that certain bias, flexibility is also important, it just a forecast,i don't just trade when price hits my levels, I've got rules of engagement. The most important thing of all is 🆘RISK MANAGEMENT🆘.Longby Pleazant-fx1
Eurnzd sell Eurnzd will be bearish market , just found a butterfly harmonic pattern.Shortby Guineafx2243