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
Keep an eye on EUR/NZD

Keep an eye on EUR/NZD

Information is not investment advice

EUR/NZD formed a number of candlesticks with long lower wicks on the D1 - a sign that there’s demand for the euro around 1.7300. The pair is trying to form a bottom and is currently testing the resistance line connecting October highs. Resistance is also provided by the 200- and 100-periods MAs on the H4 in the 1.7430 area. A break above 1.7440 is needed to open the way up to 1.7490 and 1.7515 (Oct. 30 high). Support lies at 1.7395 (50-day MA). The return below this level may weaken the pair to 1.7350 and 1.7325.

EURNZD.png

Similar

CAD/JPY turned down

CAD/JPY recovered last week to the 78.00 area (38.2% Fibonacci of the February-March decline), but then turned down again getting back below the 50-period MA on the H4.

Popular

Choose your payment system

Learn more