Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE - In Google Play

View
EUR/NZD: short-term idea

EUR/NZD: short-term idea

Information is not investment advice

EUR/NZD is consolidating within a symmetric triangle around 1.7400. The initial attempt of the pair to break above the resistance line connecting September and October highs wasn’t successful and a candlestick with a long upper wick appeared on the H4. Only the advance above 1.7510 can open the way up to 1.7550 (early October highs). On H1, there was an inside bar pattern followed by a bearish candlestick, so we suspect that the pair will turn down to visit at least the middle of the triangle. We picked support at 1.7460 as a trigger for sell orders with a target around 1.7435 (100-MA on the H4).

EURNZD.png

Similar

How to trade WTI oil

WTI oil has reached our previous targets. On the W1, a big bullish candlestick engulfed the previous bearish one.

Popular

How to trade WTI oil

WTI oil has reached our previous targets. On the W1, a big bullish candlestick engulfed the previous bearish one.

Choose your payment system

Learn more