EURNZD Long From SupportHello Traders
In This Chart EURNZD 4 HOURLY Forex Forecast By FOREX PLANET
today EURNZD analysis ๐
๐ขThis Chart includes EURNZD market update)
๐ขWhat is The Next Opportunity on EURNZD Market
๐ขhow 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 Charts
EURNZD trade ideas
EURNZD: Bullish Trend Resumes After PullbackEURNZD is currently moving within a rising, expanding channel and has recently posted a new higher high on the 4-hour timeframe, breaking through a key horizontal resistance level.
This breakout suggests a potential continuation of the bullish trend, targeting the 1.920 resistance area.
An ideal entry would be within the demand zone aligned with the broken structure and supported by the ascending channelโs trendline.
EURNZD: Bullish Continuation After PullbackEURNZD is currently trading within a rising, expanding channel and recently reached a new higher high on a 4-hour timeframe, violating a significant horizontal resistance level.
This could indicate a possible continuation of the upward trend towards the 1.920 resistance level.
The best entry point to consider is within a demand zone formed by a broken structure and the trend line of the rising channel.
Risky, But Worth a Try with a Tight Stop!!On Monday, a pullback toward the trendline may begin in the zone marked as 5. If the trend breaks and the wave count is correct, this setup could offer a minimum of 200 pips in profit.
High risk, but with a tight stop, itโs a trade worth considering! Manage your risk wisely. ๐ฏ๐๐
EURNZD Will Go Down! Sell!
Take a look at our analysis for EURNZD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.909.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.877 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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POTENTIAL SHORT TRADE SET UP FOR EURNZDAnalysis: Utilizing chart patterns, highs & lows, and impulses & corrections, the focus is on identifying a continuation corrective structure following a breakout.
The price has reached the upper bound of an ascending structure on the higher time frame (HTF) with an ascending structure on the Mid time frame (MTF). We will now monitor for a bearish impulse and continuation structure to identify a potential entry point for the trade.
Expectation: A downward move is expected, initially targeting the base of the MTF ascending structure and subsequently the lower bound of the HTF ascending structure.
โ ๏ธ Reminder: Always conduct your own analysis and apply proper risk management, as forex trading involves no guarantees. This is a high-risk activity, and past performance is not indicative of future results. Trade responsibly!
EURNZD Swing Trade RecapEURNZD Swing Trade Recap ๐
๐ Entry: 1.82182 (Feb 21)
๐ฏ TP: 1.90454 | ๐ SL: 1.81372
๐ Pips Gained: 830
โณ Held: 1.5 weeks
๐น Technical Reasons
โ
Uptrend continuation
โ
Oversold bounce
โ
Bearish COT NZD vs. Bullish COT EUR
๐น Sentiment & Fundamentals
๐ NZD Neutral | ๐ช๐บ EUR Moderately Bullish
Closed the trade, but the market still looks strongโmightโve left money on the table. ๐ #Forex #SwingTrade
EURNZD - SELL CALL- SHORT ENTRY - HIGH SELL SENTIMENTS EURNZD has remained in strong bullish trend however, Bearish Divergence can be seen on 1H time frame, BEARS weightage are more than bulls as seen on Chart.
Entry can be taken with the break of Support level, which is also a trend line support and good FIB ZONE. Once market has formed a LL and breaks the support then it will take a good corrective move.
RISK / REWARD Of 1:1 can be taken with a STOP loss on HH.
EURNZD -Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
While the price is above the support 1.82059, resumption of uptrend is expected.
We make sure when the resistance at 1.85400 breaks.
If the support at 1.82059 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
The ascending flag taking shape suggests we will soon see another leg higher.
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
A peak is formed in daily chart at 1.85400 on 12/27/2024, so more losses minimum to Major Support (1.82059) is expected.
Relative strength index (RSI) is 43.
Supports and Resistances:
1.87650
1.85400
1.82059
1.78251
1.76500
1.74929
1.73804
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Now, it's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Have a successful week,
ForecastCity Support Team
EURNZD - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
1.84895 is a major support, while this level is not broken, the Midterm wave will be uptrend.
Technical analysis:
A trough is formed in daily chart at 1.81705 on 02/21/2025, so more gains to resistance(s) 1.89340, 1.90550, 1.91400 and more heights is expected.
Supports and Resistances:
1.95650
1.90550
1.87650
1.85400
1.81700
1.78251
1.76500
__________________________________________________________________
โค๏ธ If you find this helpful and want more FREE forecasts in TradingView,
. . . . . . . . Hit the 'BOOST' button ๐
. . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?)
๐ Your support is appreciated!
Now, it's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Have a successful week,
ForecastCity Support Team
EURNXD I Update and Market Structure Swing AnalysisWelcome back! Let me know your thoughts in the comments!
** EURNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
"EURNZD Bullish Momentum Continues: Next Wave After Retest"EURNZD has followed the predicted bullish momentum, currently trading at 1.89 and aiming for the 1.93 target. The pair remains strong within its uptrend, signaling continued buying pressure. However, a small retesting phase is likely before the next bullish wave, allowing the market to confirm support levels and attract further buyers. This setup aligns with the technical outlook, reinforcing the expectation of further upside movement.
A minor retracement or consolidation at current levels could offer a healthy correction, giving traders an opportunity to re-enter before the next surge. Fundamental factors, including recent economic data from the Eurozone and New Zealand, suggest a favorable scenario for EUR strength. If risk sentiment remains positive and the European economy continues showing resilience, EURNZD could gain further momentum toward the 1.93 target.
Traders should watch for confirmation signals such as increased volume, bullish candlestick formations, or breakouts from key resistance zones. If the pair successfully holds above its retesting level, the next leg of the rally could unfold, offering another profitable move. As always, proper risk management is crucial to navigate potential market fluctuations effectively.
EURNZD: Bullish Trend Continues๐EURNZD is trading in a strong bullish trend on a 4H time frame.
After a long period of bullish momentum, the pair started to trade within a sideways range for a while.
The upper boundary of the range was breached today, indicating strong buying pressure.
I believe that the uptrend may persist, leading the market to the 1.9030 level in the near future.
EUR/NZD Finally Gave A BEARISH P.A,Let`s Sell It To Get 250 PipsHere is my opinion about EUR/NZD , Pre starting giving amazing bearish price action and finally we have a good breakout and head and shoulders pattern in 2h time frame , i`m selling this pair and targeting 250 pips .
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURNZDEURNZD Long Position Update
On February 20, 2025, I entered a long position on EURNZD at 1.82182. As of March 5, 2025, the pair has reached 1.8788, resulting in a gain of approximately 570 pips. I had previously shared this trade idea, and it's rewarding to see the analysis materialize as anticipated.
Note: All trading activities involve inherent risks. Past performance does not guarantee future results.