Technical outlook and ideas for Forex pairs
We have outlooked several promising Forex pairs and the result can surprise you!
EUR/NZD: euro keeps losing
Information is not investment advice
EUR/NZD has once again turned down from the levels around 1.7600. The pair found some support at 1.7300 on Thursday but slipped below all the important Moving Averages (50-, 200- and 100-period) on the H4. The euro isn’t oversold yet, and the decline below 1.7300 will bring it to 1.7235/25 (61.8% Fibo of the September advance, 50-day MA). Resistance lies at 1.7360, 1.7380 and 1.7400.
Similar
Another EUR/USD Trade!
4H Chart Daily Chart We sent out a signal yesterday to long EUR/USD between 1…
New EUR/USD Trade
4H Chart Daily Chart EURUSD declined back yesterday after trying to test its 1…
Popular
British pound breakout soon?
Great Britain released retail sales data on May 20, 9:00 GMT+3. The reading outperformed expectations greatly (+1.4% actual vs. -0.3% forecast).
Indices and Stocks in the Red
The stock market has reversed, and now it’s going lower and lower…
Walmart earnings outlook
Walmart is one of the biggest retail corporations in the US, with $244 billion in total assets. Does it worth buying amid rising prices and supply concerns that shatter the world economy?
Choose your payment system
