Technical Analysis

EURNZD Short Term Forecast Update And Follow Up

Hi Traders! EURNZD short term forecast update and follow up is here. On December 3rd, 2025 I shared this “Forex Market Analysis & Day Trading Opportunity | EURNZD| 3 December 2025” post in our blog. In this post, let’s do a recap of this setup and see how it has developed now. If you would like to learn more about the way we trade and the technical analysis we use then check out the Home Trader Club. Spoiler alert – free memberships are available!

Explore My Free Mentorship Program

As an Internationally Certified Financial Technician (CFTe, IFTA) and former private capital hedge fund trader, I have successfully mentored numerous students who are now thriving in the trading world. Students who learned with me, are now full-time traders, work in the trading industry, run their own capital firms or are fully funded traders by private companies, develop automated trading solutions and manage others’ capitals. I am a very proud mentor and I am proud of the success stories I’ve helped create, and for a limited time, I’m offering my mentorship program for free through a partnership with Eight Cap broker. Join Eight Cap, become an active trader, and choose the offer that suits you best –

 

 

For more details, visit: Home Trader Club Mentorship Program

I’m excited to work with you and help you reach your desired level of success!

 

My Idea

On the H1 chart, we have a strong bearish momentum and also currently there are no signs opposing this short term bearish view. So everything looks good for the bears here as well. In addition to this, we have two key resistance zones that has formed based on the volume profile zones of the KTLI indicator and the Triple B Pro pivot levels. Until both these key resistance zones shown in the image below (marked in red) holds my short term view remains bearish here and I expect the price to move lower further after retraces.

 

 

 

EURNZD H1(1 Hour) Chart Current Scenario

Based on the above-mentioned analysis my short term view was bearish here and I was expecting the price to move lower further until the two key resistance zones hold. The price action followed my analysis exactly as I expected it to here. The price which was moving higher reached the first resistance zone, created a false break of it, moved lower from this zone and delivered 600+ pips move to the downside as you can see in the image below!

 

 

You can see this move clearly on the H4 chart.

 

 

We had facts supporting the bearish view on the H4 chart. After the strong bearish move, we had a flat correction in the form of a range and the price which was respecting this range moved lower and broke below the bottom of it. We may consider this as a hint provided by the market supporting the bearish view and also there were no signs opposing this bearish view. The price then moved lower further and provided an excellent move to the downside as you can see in the image below.

 

 

As traders we always have two choices, the first one is to fall in love with our analysis and try to convince the market and expect the price to move in the direction as per our wish. The second one is to follow the facts that the market provides us and make the right actions according to that. As you know the first option won’t help us and as you can see in the example above what happened when we followed the facts that the market hinted to us and took the right action according to that.

For similar trade ideas and much more I invite you to

JOIN HOME TRADER CLUB NOW

Also, you can get one of our strategies free of charge. You will find all the details here

 

Download our best forex indicators here

 

If you have any further questions, don’t hesitate to drop a comment below!

 

Happy Trading!

Arvinth Akash
Home Trader Club Team.

Arvinth Akash

Recent Posts

Forex Weekly Forecast November 2–6, 2026: EUR/USD, GBP/JPY, Gold, S&P 500 & Bitcoin

The markets are showing some fascinating technical developments this week, and there are several opportunities…

20 hours ago

Confirmation Bias in Forex Trading: Why Traders Need to Be Right

When Being Right Becomes More Important Than Making Money Every Forex trader wants to make…

5 days ago

Why a Strong Economy Can Have a Weak Currency: A Forex Fundamental Analysis Guide

Why Doesn't a Strong Economy Always Have a Strong Currency? Imagine that a country reports…

7 days ago

Overtrading in Forex: Why Traders Force Trades and How to Stop

Have you ever opened your trading platform, watched the market move, and felt that you…

2 weeks ago

How Employment Data Affects Forex: Jobs Growth and Currency Strength

Employment data is one of the most important economic indicators in Forex fundamental analysis. It…

2 weeks ago

Weekly Forex Forecast: Sell EUR/USD, EUR/GBP, USD/JPY, Gold and S&P 500 – 18 October 2026

Welcome back to our weekly Forex forecast at Home Trader Club. This week, we are…

2 weeks ago