 |
| EUR/NZD |
RECOMMENDATION : BUY
TARGET 1.4580
SUMMARY:
The overall trend of EUR/NZD is bearish, In hourly
chart, prices are taking resistance of falling trend line &
consolidating with strong positive bias. 30 DMA & 200 DMA are
also providing support to the prices & supporting the further
uptrend. If EUR/NZD crosses the trend line and sustains above it
then we can expect it to show north ward movement in the prices. If
it breaks the level of 1.4455 & sustains above it we can expect
it to come up to the levels of 1.4530/1.4580 in next few days.
INDICATORS:-
RSI is sustaining in buying territory, supporting the
upcoming bullish trend in the pair.
MACD is also sustaining above the zero line,indicating
the up trend in the market.
 |
| Technical Chart |
STRATEGY:-
EUR/NZD
is bouncing back from lower levels. One can go for buy on dips level
strategy for this pair for intra day to mid term positions.
I have been searching for information about Forex signals, and would like to share an app which will send info directly to your mobile or email.
ReplyDeletehttps://itunes.apple.com/us/app/forex-signals/id882296265
Hey Everyone,
ReplyDeleteBelow is a list of the most recommended FOREX brokers:
1. Best Forex Broker
2. eToro - $50 minimum deposit.
Here is a list of top forex tools:
1. ForexTrendy - Recommended Probability Software.
2. EA Builder - Custom Indicators Autotrading.
3. Fast FX Profit - Secret Forex Strategy.
Hopefully these lists are helpful to you.
In forex traders can trade between any number of pair of currency. Depending on their risk bearing capability they can wisely decide for it. Get daily reports on forex market by following epic research .
ReplyDelete