EURNZD H4.... IT HAS FORMED DESCENDING TRIANGLE IT HAS BOKE THE NECKLINE.... IT HAS RETSTED BACK...EVEN IT HAS TOUCHED 61.8 FIB... ITS GOOD TO TAKE SELL NOW ... SHORT SELL PUT TP AT H4 SWING LOW
The EUR/NZD pair is currently in an uptrend and forming an elliot wave. It has completed its 4-th wave and currently resuming its 5-th wave. Hence we expect the pair to go the levels of 1.79500 from here.
Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 1.7115 would begin in Midterm. Trading suggestion: Price is in the Sell Zone (1.7295 to 1.7480). We would set sell orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (1.7295)...
EURNZD: ECB June meeting=RBNZ August meeting At June’s ECB meeting the rate hike timing factor triggered the tremors, sent EURSUD to 1.1560 down nearly 2.0%. Fast forwarding to today’s RBNZ meeting, NZD tumbles after RBNZ delay rate hike for another year. At the time of writing NZD down more than a percent across the board. The cross just has been run through the...
The Day candle chart of EUR/NZD formed the classic Megaphone pattern. It resisted and reacted well in the trend line resistance. The pair will be expected to be bearish and would reach the expected target considering longer term.
From the Fibonacci extension analysis of EUR/NZD. it's expected to bearish trend until 1.618 retracement price 1.69773
EURNZD pair forms like flag pattern that night go down 50+ pips a chance
nice channel forms on eurnzd daily chart . short position on retest of channel for the target 1.6627
EURNZD Sell @ CMP 1.6890 Stop Loss = 1.7480 Take Profit 1 = 1.6646 Take Profit 2 = 1.6353 Take Profit 3 = 1.6109 For Forum Discussion: EURNZD LeTechs Forum
In the NZDEUR pair 1 Hr timeframe a HEAD & SHOULDER is completed and it seems market to reach 0.618 Extension from the downside side move...
EurNzd 15664 Stoploss 15635 Looks great with target 100+ Pips