EURNZD Potential Breakout or Reversal? | Technical Analysis EURNZD Potential Breakout or Reversal? | Technical Analysis 🚀🔄
The chart illustrates a key technical setup on the EURNZD pair with both bullish and bearish possibilities depending on price action near critical zones.
🔍 Technical Highlights:
Bearish Harmonic Pattern Completed 📉
A harmonic structur
Related currencies
The Trap Has Been Set. Will Price Take the Bait?EURNZD just broke structure on the 4H chart and is now pulling back into a zone where things could get interesting. After the initial drop, price is retracing into an area filled with imbalance and liquidity.
This looks like a setup where the market may lure in buyers before making its next move lo
EURNZD Eyes 1.99 — Technical & Fundamental Bulls AlignedToday, I want to analyze EURNZD ( OANDA:EURNZD ) for you, which is in good shape both technically and fundamentally .
Please stay with me.
EURNZD is moving close to the Support zone(1.88750 NZD-1.7970 NZD) and 100_SMA(Daily) and has managed to form a Double Bottom Pattern .
From the p
EURNZD: Time to Grow 🇪🇺🇳🇿
EURNZD is strongly bullish after a test of a key horizontal support.
A bullish violation of a resistance line of a falling channel provide
a strong bullish signal.
Goal - 1.936
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War shock moves EURNZD: breakout targets 196.69The US strike on Iran hit risk currencies hard. NZD, AUD, and JPY dropped, while EURNZD broke out of a rectangle pattern. We analyse the setup, target at 196.69, and possible entry zones. Would you trade this in wartime volatility?
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Potential bullish rise?EUR/NZD has bounced off the support level which is a pullback support that aligns with the 38.2% Fibonacci retracement and could rise from this level to our take profit.
Entry: 1.92267
Why we like it:
There is a pullback support level that lines up with the 38.2% Fibonacci retracement.
Stop loss:
EURNZD: Waiting For Another BreakoutBased on the current trend, I believe you would concur that ⚠️EURNZD is likely to keep rising.
A bullish breakout above the highlighted blue resistance and a 4H candle closing above 1.9240 would
serve as a key confirmation, potentially driving prices up to 1.9300.
EURNZD: Bearish Setup in Play?EURNZD Faces Resistance Within Defined Range – Bearish Setup in Play?
EURNZD appears to be forming a range-bound trading structure, with key levels defined between 1.9050 and 1.9230.
Yesterday, price action tested the upper boundary at 1.9230, where it encountered strong resistance.
If the pair
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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 NZDEUR is 0.51719 EUR — it has increased by 0.06% in the past 24 hours. See more of NZDEUR rate dynamics on the detailed chart.
The value of the NZDEUR pair is quoted as 1 NZD per x EUR. For example, if the pair is trading at 1.50, it means it takes 1.5 EUR to buy 1 NZD.
The term volatility describes the risk related to the changes in an asset's value. NZDEUR has the volatility rating of 0.09%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The NZDEUR showed a −0.21% fall over the past week, the month change is a −1.52% fall, and over the last year it has decreased by −8.83%. Track live rate changes on the NZDEUR 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.
NZDEUR 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 NZDEUR 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 NZDEUR technical analysis. The technical rating for the pair is sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the NZDEUR shows the sell signal, and 1 month rating is sell. See more of NZDEUR technicals for a more comprehensive analysis.