eurnzd approaching sell areawaiting for a push into 1.81500 area for a selling opportunity. target area will be towards 1.70. bearish catalyst could be the March CPI next weekShortby botlyUpdated 1
EURNZD Trading Signal: SellDirection: Sell Enter Price: 1.7478 Take Profit: 1.74365667 Stop Loss: 1.75520667 We have identified a short-selling opportunity on the EURNZD currency pair based on a detailed analysis enabled by the EASY Quantum Ai strategy. Here are the key reasons behind this forecast: 1. Technical Analysis: Our algorithms have detected a bearish pattern formation in recent price movements, indicative of a potential decline. The Relative Strength Index (RSI) is also showing overbought conditions, providing further evidence that a downward correction is imminent. 2. Fundamental Factors: Recent economic reports from the Eurozone have shown weaker-than-expected performance, including a disappointing GDP growth rate and lower industrial production figures. Conversely, New Zealand has exhibited more robust economic indicators, adding downward pressure on the EURNZD pair. 3. Market Sentiment: Traders' sentiment has shifted towards risk aversion, with a preference for safe-haven assets. This shift typically strengthens the New Zealand Dollar (NZD) against the Euro (EUR). Based on these factors, we recommend entering a short position at 1.7478. Set your Take Profit at 1.74365667 to capitalize on the anticipated move, and place a Stop Loss at 1.75520667 to mitigate potential risks. Stay tuned for further updates and manage your trades accordingly. Happy trading!Shortby ForexRobotEasy0
EURNZD Short! 20/5/2024EURNZD Short! SL - 1.80848 TP - 1.74764 Weekly break support 1.77993. Daily still ranging, i expect take some time to moving down to TP.Shortby LawrenceWongWBSUpdated 2
Forex Trading Signal for EURNZDAttention traders! We have a new trading signal for the EUR/NZD currency pair. Direction: Sell Enter Price: 1.74058 Take Profit: 1.73580333 Stop Loss: 1.74881333 This signal has been generated using the EASY Quantum Ai strategy, which leverages advanced algorithms and historical data analysis to provide reliable forecasts. Here’s the rationale behind the forecast: 1. Trend Analysis: Recent charts and our technical indicators show a clear downtrend in the EUR/NZD pair, suggesting selling pressure. 2. Support and Resistance Levels: The pair has been struggling to break above the 1.74881333 resistance level, indicative of seller dominance. 3. Economic Data: The current economic outlook for the Eurozone appears weaker compared to New Zealand, further encouraging a bearish sentiment on this pair. 4. Technical Indicators: Our EASY Quantum Ai strategy indicates oversold conditions and moving average crossovers, both signaling a potential decline. Align your trading strategy by entering at the price point of 1.74058, setting your take profit at 1.73580333, and your stop loss at 1.74881333 to manage your risk effectively. Trade wisely and happy trading!Shortby ForexRobotEasyUpdated 0
EUR-NZD Bullish Bias! Buy! Hello,Traders! EUR-NZD went down and Is retesting a horizontal Support level of 1.7384 So we are locally bullish Biased and we will be Expecting a local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals111
EURNZD WILL FALL SELLTP-1-------15Pip TP-2-------35Pip TP-3-------Full TP Manage SL during news time, intraday trade tp and sl mentioned not a financial adviceShortby ArehmanB0
EUR/NZD For Bearish After Pull-Backwait for creating lower high at red Arrow and then go short - General Trend is Down - EUR is Weak - Creating lower high at red arrow or inside range of fibo levels (50:61) - if you want to go long then you can entry with low trade size because you walk against general trend and out when creating lower high have fun :) Shortby maxbayne0
EURNZD- BEARISH ContinuationEURNZD is exhibiting a bearish trend, characterized by the formation of lower lows (LL) and lower highs (LH). This trend is expected to persist. I plan to enter a position at the Fibonacci level of 0.632, specifically at 1.75719, with a stop loss set at 1.77056 and a take profit target of 1.74620.Shortby Choughle0
EURNZD potential short Fundamental : The recent political developments in Europe, specifically the rise of far-right movements, have introduced additional uncertainty in the European market. This political instability is negatively impacting the Euro, making it more volatile and susceptible to depreciation. Technical Analysis : Bearish Momentum: EURNZDr has shown signs of bearish momentum, suggesting that sellers are currently in control. This is evident from the recent price action and trend break. Political Uncertainty in Europe : The rise of far-right movements in Europe is creating a climate of uncertainty, which is generally negative for the Euro. This political instability is likely to weigh on the EUR/NZD pair, making the Euro less attractive compared to the relatively stable New Zealand dollar. Conclusion : EURNZD is presenting a potential short opportunity, driven by technical indicators of bearish momentum and compounded by the political uncertainty in Europe due to the rise of far-right movements. Traders should watch for breaks below key support levels and monitor the overall market sentiment and political developments in Europe. Shortby Metow1sw0
Technical Analysis: EURNZD Bearish ButterflyHello Traders, Below is my Technical Analysis of EURNZD. EURNZD has formed a bearish butterfly pattern with points X: 1.79369, A: 1.7442, B: 1.78702, C: 1.76273, D: 1.80786. The current price is 1.80379. Expectation for a drop to 1.78808 in the coming weeks. Additionally, a bearish divergence is noted on the Awesome Oscillator, indicating weakening bullish momentum. Cheers and Happy Trading.Shortby Samuel124Updated 229
EURNZD Long Term selling Trading IdeaHello Traders In This Chart EURNZD 4 HOURLY Forex Forecast By FOREX PLANET today EURNZD analysis 👆 🟢This Chart includes EURNZD market update) 🟢What is The Next Opportunity on EURNZD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartsLongby ForexMasters2000Updated 2
EUR/NZD SHORT FROM RESISTANCEHello Traders In This Chart EURNZD 4 HOURLY Forex Forecast By FOREX PLANET today EURNZD analysis 👆 🟢This Chart includes EURNZD market update) 🟢What is The Next Opportunity on EURNZD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartsLongby ForexMasters2000Updated 2
STILL FOLLOWING THE TREND ON EURNZD Looking at a number of things for this thesis , price action has been on a down side movement through April . Nfp came out better than expected and had an impact on the pair. I'm looking forward to price sweeping out the recent swing high on the hourly then advancing downwards. No financial advice, just my personal sentiment. Tell me what you think ,I'm open for more ideas. BlessShortby ombejonathan0
EURNZD ShortBasic SMA cross-over. In addition observering market structure and price action in 1H time frameShortby poudat-mtzUpdated 0
Eurnzd Scalping opportunity.find a good buy entry hold till the top of the green block .Longby CurrencyMomentumFX4
EURNZD-Continuation of bearish trendEURNZD is making LH and LL, after retracement, it is expected that it may further go down. further to confluence, bearish divergence appeared on 15 min timeframe.Shortby ALIHAMID0
EURNZD - Bearish on 1 hrEURNZD has been in bearish trend on the 1 hour time frame and now we have a good opportunity to make a sell entry at the 0.5 Fib level.Shortby hassan_ghafoor070
EURNZD - Bearish TrendEURNZD is on Bearish trend and seems to continue. Harmonic's AB=CD pattern shows the potential reversal zone. No Divergence on RSI on 1Hr and 4Hr chart.Shortby Haidi_striker0
Analysis of EURNZD - Weakness of Sellers and Presence of Buyers💹 Let's dive into analyzing this Forex pair and update our previous analysis, while also identifying new entry points. 📅 Weekly Schedule: Monday: Bitcoin and its dominance analysis , Tuesday: Ethereum and ETHBTC analysis 🏦, Wednesday: Gold analysis 🏦 Today, being Wednesday, we'll upload the gold analysis later in the evening. This means we're dedicating the entire day to Forex analysis! 📊 Previous Analysis Update : In our previous analysis of this Forex pair, we were looking for a short position, waiting for the break of the significant daily support level at 1.78582. This break indeed occurred, and as this was a daily support level, we witnessed a notable move in this pair. 📆 Weekly Time Frame Analysis : On the weekly time frame, like many other Forex pairs, we are ranging within a long-term box from 1.74444 to 1.83926. The significant movements and trends are more visible in the lower time frames. 📅 Daily Time Frame Analysis : Similarly, on the daily time frame, the same situation is unfolding. However, this time, after bouncing from the bottom of the box, we changed the trend midway and didn't reach the top of the box. This indicates increasing seller pressure and underscores the importance of the 1.74465 support level. ⏰ Four-Hour Time Frame Analysis : On the four-hour time frame, after breaking the 1.78553 support and following a downward trend, we are forming a falling wedge pattern. We are seeing lower highs each time, along with decreasing candle sizes and shadows, indicating a lack of seller presence, which could lead to a potential buyer presence soon. 📈 Long Position Strategy : For a long position, after breaking the trendline and this pattern, we can consider entering at 1.76312 (risky) or 1.77095 (more secure). 📉 Short Position Strategy : For a short position, there is no clear setup at the moment, and no momentum is behind us. If you are waiting for a short position, be patient for a new setup or watch for candles around the 1.75598 support and consider entering after its break. 📌 Support and Resistance Levels : Supports: 1.75598, 1.74465, 1.71908 Resistances: 1.76312, 1.77095, 1.78553 😊 If you'd like me to analyze a specific coin or currency pair, be sure to comment so that I can allocate the next analysis for you! ⚠️ Also, please remember that I'm just an analyst, and this isn't financial advice . We're here to stay in the market and maximize profits by adhering to risk and capital management principles.Longby RealMRA1197
EUR/NZD Long FROM SupportHello Traders In This Chart EURNZD 4 HOURLY Forex Forecast By FOREX PLANET today EURNZD analysis 👆 🟢This Chart includes EURNZD market update) 🟢What is The Next Opportunity on EURNZD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartsLongby ForexMasters20003
EURNZD is in complete bearish phasewith no divergence the trend is looking good to make new LH and LL and it is also respecting the trendlineShortby faisal-1010