Achieve profits EUR NZD

EUR NZD may ensure you achieve profits in forex trading right now

Are you struggling to achieve profits in forex trading? We are going to continue watching the EUR NZD, a very volatile and exciting pair to trade. Still in an Uptrend Over Past 30 Days!

Updated EUR NZD charts

As usual, we will start out the month with a target trade and then go to regular, daily, and hourly charts for the rest of the month.  Let’s see how this pair works out this month.

EUR NZD
Today I will show you how I expect to achieve profits with EUR NZD currency pair

EUR NZD Target Trading/Regular Trading 

Monthly shows this pair has been ranging between the .236 at 1.85753 and the .618 at 1.66007. It hit the top of the range and is headed back down towards the up trend line and sitting just below the .382. The rsi is just reaching the buy zone. When it is ready it will move up to the top of the range at the .236 at 1.85753 giving 1,014 pips.

Daily shows this pair has been going upward in a step and ladder pattern for some time, each time making higher highs and higher lows. The rsi is just above the buy zone indicating further down movement to come from this pair before it starts to move up to the sell zone. Once it does move up, it should reach the .270 at 1.80875 giving 442 pips. If it continues to the 1.618 at 1.83123 this would give 658 pips.


Best Trading Products

Hourly shows this pair has been following the down trend line for some time. It has now crossed it and is sitting on the down trend line trying to decide which way to go. The rsi has just reached the sell zone which should make this pair come down to the .270 at 1.76259 giving 47 pips. If it continues to the 1.618 at 1.75627 this would give 110 pips.

EUR NZD in the news

In this video, I will break down my trade on EUR/NZD and give you some advice on what to look for when looking for a trade. I was looking at 3 trades today (EN, NU and AUD/NZD) and I show you why I picked EUR/NZD. A little gem for you to extract from this video!

After 4 down four-hour candles, EUR/NZD snaps its streak, rising 37 pips (0.21%) over the past four-hour candle to close at an exchange rate of 1.7804. Compared to its peers in the Forex, EUR/NZD gave its buyers a return that ranked 13th in terms of percentage change since the last 4 hour candle.

CFDtrading.com: EUR NZD 4 Hour Price Update
EUR NZD analaysis on the 6th of July by Ellipse Trading

Bears are in complete control over the EUR/NZD, with this technical indicator sliding deeper into negative territory, according to DailyForex.

As for the near future, the EUR/NZD exchange rate could continue to decline during the following trading sessions. The potential target for bearish traders would be at the 1.7000 level.

FX Street
EUR NZD analysis on the 6th of July by the Revolution FX Strategist.

My trading strategy for achieving profits in forex trading

Do you wonder how I analyze the market and do my forex analysis? Pivot points and target trading are used to find the direction of the trades, a method that really helps me and makes me profitable in most of the time. I have already written an article where I explained in detail how target trading works.

Are you struggling to achieve profits in forex trading?

All traders have good and bad times with their forex results. Maybe you just don’t feel ready to open new trades just based on the trading signals in this article. And that is okay. Never trade if you don’t feel comfortable. Sometimes the best thing a trader can do is to just rest and have a break. If you are tired of trading on your own, we have some good recommendations for you. We have covered plenty of trade-copiers here. Do you want to learn more about 7 of the most successful forex traders ever? We have just presented a very interesting list of legends of the Forex industry! If you want to learn some really effective Forex strategies, you should check out this article. Like every week, I’m super excited to share my fresh forex day trading tips with you, and I hope that everyone can maximize their profits based on my accurate forex trading signals.

We provide new trading signals every week

Was it helpful that I shared my signals with you here in the Forex and Profits community? What do you think will happen next with the AUD USD and EUR JPY currency pairs? I’d love to know what you thought of this article. Don’t forget to go to our facebook page and give us a “Like” and leave your comments.

The last weeks before Christmas are often slower than normal in the currency markets, but hopefully, we will achieve some nice profits in forex trading already now, before this year is over.

Disclaimer:

Before participating in Foreign Currency Trading (Forex Market) you must consider carefully the risks of the market, which has big rewards potential, yet is also extremely risky. Consider all the risks carefully before investing in the Forex Market. Remember that all the information and signals, prices and trade recommendations provided here on Forex and Profits is only general information and market commentary, thus, it does not incorporate investment advice.

Write a Comment

What kind of trader are you?TAKE THE QUIZ NOW