Start Trading Now Get Started
Table of Contents
  1. DF
  2. Technical Analysis
  3. Free Forex Signals
  4. EUR/NZD Signal - Mar. 7, 2013
Affiliate Disclosure
Affiliate Disclosure DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker's track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information.

EUR/NZD Signal - Mar. 7, 2013

By Maxime Parra
Maxime Parra
By Maxime Parra
Maxime Parra has been trading since the age of 18, and he is now in charge of technical and fundamental analysis at BNRY.com and Tmarkets.com. Fascinated by the psychology of financial markets and technical analysis, he is also the head of the “Fédération Sud Finance” and is preparing for the Degree of the Chartered Financial Analyst (CFA) level 1 at the SKEMA Business School. Maxime favors trend following strategies by combining chartist analysis with the use of technical indicators.

The EUR/NZD pair has been evolving for several weeks now in an ascending channel and has once again leaned on the lower right at 1.56. A bounce back seems to be setting up and could lead to test the moving average at 20 sessions first. Investors may therefore be bullish at this level to bet on a comeback on the 1.58 level with a stop loss placed below the last low.
Direction: Up
Entry: 1.5700
Stop-loss: 1.5580
Take-profit: 1,580

EURNZD Signal

Maxime Parra
About Maxime Parra
Maxime Parra has been trading since the age of 18, and he is now in charge of technical and fundamental analysis at BNRY.com and Tmarkets.com. Fascinated by the psychology of financial markets and technical analysis, he is also the head of the “Fédération Sud Finance” and is preparing for the Degree of the Chartered Financial Analyst (CFA) level 1 at the SKEMA Business School. Maxime favors trend following strategies by combining chartist analysis with the use of technical indicators.
 

Most Visited Forex Broker Reviews

Latest News

View More Articles

Related News

View More Articles

Top Forex Brokers

More »

Bonuses & Promotions

View All