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
About Euro / New Zealand Dollar
The Euro vs. the New Zealand Dollar. The New Zealand dollar had performed well against the Euro recently because it is often considered to be a proxy for the Chinese growth. Eurozone weakness may limit any significant reversal if concerns about Chinese growth occurs as the country shifts from export lead growth. The NZD has benefited from the recent Euro-zone difficulties due to idle cash efforts to find strong, secure yields.
Related currencies
FXHUNTER / EURNZDFX:EURNZD Hello, I'm FXHUNTER. Welcome to my channel. In this post, we will examine the EURNZD symbol. According to the market structure, we have an important supply area, near which a liquidity area has formed, and it is likely that the price will hunt for liquidity and return from the supply area
EURNZD at Key Decision Zone | Breakout or Breakdown? 📊 Pair: EURNZD
🕒 Timeframe: Likely H1 or H4
📅 Date: May 18, 2025
🔍 Technical Analysis
🔁 Key Zones
🔴 Resistance-Turned-Support (RTS):
1.8975 – 1.8990
This area was previously a resistance level that price broke above, and is now acting as a critical support zone (flip zone). Price is currently retes
EUR/NZD PAST TRADE SETUP BEFORE & AFTER📈 Technical Analysis:
Trendline Breakout:
Price action broke above a well-defined descending trendline (marked in green) on the 1H chart. This breakout indicated a shift from bearish to bullish momentum.
Bullish Structure Formation:
After the breakout, EUR/NZD formed higher highs and higher lows, c
EUR/NZD Wave Structure Shift: 4th Wave Correction in ProgressThe 3rd wave in EUR/NZD appears to have been completed, and the market seems to be entering the 4th wave. There is a possibility that the 4th wave could take support near the Fibonacci 0.5 level (1.19164). After that, the 5th wave of the impulse phase may move upward.
If the market falls below 1
EURNZD sellEUR/NZD Short Trade Setup
Pair: EUR/NZD
Timeframe: 15M
Entry: 1.98154
Stop Loss: 1.99437
🔹 Market Structure: Price has been consolidating near resistance, forming a potential reversal zone.
🔹 Entry Confirmation: Break of key resistance level, looking for a rejection to enter short.
🔹 Stop Loss Pla
Sell Trade - EUR/NZDGreetings to everyone!
Place a sell trade on EUR/NZD and check out my chart for the ideal sell entry & stop-loss placement.
Remember :-
* Move your SL to breakeven once the trade reaches 1:1.5 R.
* Aim for a minimum reward of 1:2 R.
* Don't risk more than 2.5% of your total margin.
Let's execu
Sell Trade - EUR/NZDGreetings to everyone!
Place a sell limit order on EUR/NZD and check out my chart for the ideal sell entry & stop-loss placement. If it gets executed so great and if not so that is fine too.
Remember (If this trade gets executed) :-
* Move your SL to breakeven once the trade reaches 1:1.5 R.
* A
See all ideas
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 EURNZD is 1.95224 NZD — it has increased by 0.36% in the past 24 hours. See more of EURNZD rate dynamics on the detailed chart.
The value of the EURNZD pair is quoted as 1 EUR per x NZD. For example, if the pair is trading at 1.50, it means it takes 1.5 NZD to buy 1 EUR.
The term volatility describes the risk related to the changes in an asset's value. EURNZD has the volatility rating of 0.76%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURNZD showed a 0.34% rise over the past week, the month change is a 2.25% rise, and over the last year it has increased by 9.61%. Track live rate changes on the EURNZD 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.
EURNZD 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 EURNZD 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 EURNZD technical analysis. The technical rating for the pair is strong buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the EURNZD shows the buy signal, and 1 month rating is strong buy. See more of EURNZD technicals for a more comprehensive analysis.