EURNZD Neutral

Analysis Price: 1.9751 (Updated: 17 August 2025, 12:47 UTC)

Comprehensive analysis for EURNZD showing neutral market bias. Market structure, technical patterns, and key levels examined across multiple timeframes.

Select Currency Pair

Signal Overview

Neutral Medium Confidence High Risk

Market Consensus:

44% Long

56% Short

Valid Timeframes:

M15 H1 H4 D1

Signal Analysis:

The analysis indicates a neutral outlook for EURNZD. Contradicting factors: EUR is showing relative weakness against NZD (diff: 44%); Technical patterns identified: Inverse Head and Shoulders (H1). Risk assessment for this trade is high. This signal is most valid on the M15, H1, H4, D1 timeframes.

Sentiment Analysis

LONG SHORT

37% 63%

Historical Sentiment (7 Days)

Sentiment Interpretation

Bearish sentiment with 63% of traders holding short positions. The market has a negative bias, but watch for signs of exhaustion if this percentage increases further.

Support & Resistance Analysis

Resistance Levels

R1: 1.9761 0.05% ↑

Analysis Price: 1.9751

Support Levels

S1: 1.9671 0.40% ↓

Market Regime:

Uptrend

Analyst Bias:

Unknown

Direction Probability:

75%

Price Position Analysis

Price is currently near resistance at 1.9761 (0.05% above analysis price) with support at 1.9671 (0.40% below). This position near resistance could present a potential selling opportunity with a favorable risk-reward ratio.

Chart Pattern Analysis

95%

Symmetric Triangle

Reliability:

95%

Detected: Aug 16, 19:42

93%

Cup and Handle

Reliability:

93%

Detected: Aug 16, 22:28

56%

Ascending Triangle

Reliability:

56%

Detected: Aug 16, 22:52

Pattern Analysis Interpretation

Predominantly bullish patterns detected across timeframes, suggesting upward momentum. The most reliable pattern is a neutral Symmetric Triangle on the H1 timeframe with 95% historical reliability. Multiple timeframes showing pattern confirmation increases the reliability of the signal.

High Probability Zones

Resistance Zone

95%

Zone Level:

2.0145

analysis price:

1.9751

Distance:

2.00%

Confluence Factors:

Double Top 162% Extension Volume Spike

Valid on Timeframes:

H1 H4 D1 W1

Resistance Zone

95%

Zone Level:

2.0145

analysis price:

1.9751

Distance:

2.00%

Confluence Factors:

Shooting Star 162% Extension Volume Spike

Valid on Timeframes:

H1 H4 D1 W1

Support Zone

89%

Zone Level:

1.9223

analysis price:

1.9751

Distance:

2.67%

Confluence Factors:

Inverse Head and Shoulders 127% Extension Volume Spike

Valid on Timeframes:

H1 H4 D1 W1

High Probability Zones Interpretation

Price is approaching a high probability (95%) resistance zone at 2.0145, currently 2.00% away. Consider preparing a sell strategy as price approaches this level, watching for confirmation signals.

Multiple high probability zones exist for this pair, indicating a well-structured technical environment with clear levels for trading decisions.

Volatility Analysis

Select Timeframe:

Daily Range (pips):

68.0

Volatility Regime:

Low

Volatility Level:

10-Day ATR Trend

Volatility Interpretation (H1)

EURNZD is exhibiting low volatility (5 percentile) with an expected daily range of just 68.0 pips. This reduced movement typically indicates consolidation or indecision in the market. Consider tighter stop losses but be aware that breakout potential increases after periods of low volatility.

Correlation Analysis

Top Correlations with EURNZD

NZDCAD

-0.88

EURAUD

0.84

EURCHF

0.77

GBPNZD

0.73

NZDJPY

-0.71

Correlation Interpretation

Understanding how EURNZD correlates with other pairs can help with portfolio diversification and risk management. Strong positive correlations (above 0.7) indicate pairs that move similarly, while strong negative correlations (below -0.7) show pairs that typically move in opposite directions.

EURNZD shows strong positive correlation with: EURAUD, EURCHF, GBPNZD. This means these pairs tend to move in the same direction. Trading in the same direction on multiple correlated pairs increases portfolio risk, while finding divergences between correlated pairs can highlight potential reversal opportunities.

EURNZD shows strong negative correlation with: NZDCAD, NZDJPY. This means these pairs tend to move in opposite directions. Negatively correlated pairs can be useful for hedging strategies or to confirm signals (a buy signal in one pair would be supported by a sell signal in the negatively correlated pair).

Currency Strength Analysis

Select Timeframe:

EUR

0.90

Very-strong

NZD

-0.08

Neutral

Relative Strength:

0.98

Bullish Bias

Currency Strength Interpretation (M15)

EUR is significantly stronger than NZD on the M15 timeframe, with a relative strength of 0.98. This suggests a strong bullish bias for EURNZD. However, this bias is primarily driven by the strength of EUR.

How to Use This Analysis

This comprehensive analysis provides multiple perspectives on EURNZD to help inform your trading decisions:

Sentiment Analysis: Use to understand market positioning and potential contrarian opportunities
Support & Resistance: Identify key price levels for setting stop losses and take profits
Pattern Analysis: Recognize technical formations that may indicate continuation or reversal
Volatility Analysis: Adjust position sizing and risk management based on current market conditions
Currency Strength: Compare the relative performance of individual currencies within the pair
Correlation Analysis: Understand how this pair moves in relation to others for portfolio diversification

For optimal results, consider how these different factors align. The strongest trading opportunities typically occur when multiple analytical tools show confirmation across different timeframes.