As idle cash looks to find a strong and secure yield, it is no wonder that the New Zealand Dollar has benefited from the current Euro-Zone crisis. Pairs such as the Australian Dollar and New Zealand Dollar are often viewed as a proxy for Chinese growth and thus have performed well against the Euro in recent years. Although Chinese growth may become a cause for...
The EUR/NZD trend appears to be ranging between 1.81100 and 1.79800. Currently priced around 1.80400, I strongly believe that the price will once again reach the upper level of 1.81100. Buying at the current price and setting a target range around 1.80948 seems safe.
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trend strong bullish . Price bounced on a support level after a false breakout and made a breakout of a strong resistance level expecting it to keep rising and form a bearish expanding triangle . Potential target 1.821 PS never risk more than 2 % of your capital per trade
We see the formation of a bearish Gartley harmonic pattern in the descending channel. The role of dynamic resistance is also very important. A resistance that the price has reacted to many times. It is expected that the price will experience a drop to at least the 1.7850 range. A breakdown of dynamic resistance and the ceiling of the descending channel will...
welcome here is my eurnzd short idea its based on a overall bearish market price trading under 50% fib level of monthly and weekly candle price trading under all emas , weekly pivot and creating lower lows steadly lets see if we can ride a bear wave here
Price is trading within a triangle. A breakout to the upside will open the way to 1.81310 while a break of the support will propel the price towards 1.79430
Hello,Friends! Previous week’s green candle means that for us the EUR/NZD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.783. ✅LIKE AND COMMENT MY IDEAS✅
EURNZD may bounce from a key intraday support. I see a double bottom after its test and a strong bullish imbalance on an hourly time frame. Goal - 1.805 ❤️Please, support my work with like, thank you!❤️
EUR/NZD is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.7978 which is an overlap support that lies above the 61.8% Fibonacci retracement level. Stop loss is at 1.7830 which is a level that lies underneath a pullback support. Take profit is at 1.8134 which is a pullback resistance. High Risk...
Weekly: -Inverse H&S pattern. -Bullish M pattern. -Imbalance rejected. Daily: -Inverse H&S pattern, -IC. 4H: -Inverse H&S pattern. -Imbalance acting as support
Looking for Reversal upside as i forecast, wait and Watch price. Use lower TF for entry.
As idle cash looks to find a strong and secure yield, it is no wonder that the New Zealand Dollar has benefited from the current Euro-Zone crisis. Pairs such as the Australian Dollar and New Zealand Dollar are often viewed as a proxy for Chinese growth and thus have performed well against the Euro in recent years. Although Chinese growth may become a cause for...
I'm expecting a pullback to the neckline of the 'active' local trading range top neckline. If a range forms on top of this neckline it will be a super strong BUA in phase D of the 'active' local trading range. Ideally you would see a separate 'active' trading range which would be the BUA and ideally this would be a re-accumulation active trading range as opposed...
The 4 hour chart demonstrate how clear the "market conditions" are in that I am trading inside of a re-accumulation local / greater trading range at the area of a spring which has formed an accumulation active trading range. This chart demonstrates how clearly a spring and re-accumulation can be observed.
EURNZD - Trading Spring as Accumulation 15 Min Chart See private charts for 5 minute (this trade was executed on 5 minute) The entry point chosen is pure Wyckoff - Spring Local Trading Range, Accumulation Active Trading Range. Overall Trend; bullish
You see the appropriate price reaction to the specified levels
My dear friends, Please, find my technical outlook for EURNZD below: The price is coiling around a solid key level - 1.7943 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.7991 Safe Stop Loss - 1.7910 About Used Indicators: The...