Elliott Wave Ananlysis of EUR/NZD for July 20, 2017
July 20, 2017 9:16 amVideo
Latest News
- USD/JPY: Simple trading tips for novice traders on April 24th (US session) April 24, 2024
- GBP/USD: Simple trading tips for novice traders on April 24th (US session) April 24, 2024
- Technical Analysis – EURUSD stays beneath 1.0700 April 24, 2024
- EUR/USD: Simple trading tips for novice traders on April 24th (US session) April 24, 2024
- GBP/USD: trading plan for the US session on April 24th (analysis of morning deals). The pound retains hope April 24, 2024
- EUR/USD: trading plan for the US session on April 24th (analysis of morning deals). The euro continues to buy around 1.0688 April 24, 2024
- Forecast for the EUR/USD pair on April 24, 2024 April 24, 2024
- GBP/USD. April 24th. The pound felt strong on Tuesday April 24, 2024
- Overview for the GBP/USD pair on April 24th. Dave Ramsden expects inflation to slow down April 24, 2024
- Technical Analysis – EURCHF heads up after bearish spike April 24, 2024
- Overview for the EUR/USD pair on April 24th. The EU services sector has pushed the euro upwards April 24, 2024
- Video market update for April 24, 2024 April 24, 2024
- Will the BoJ disappoint once again? – Preview April 24, 2024
- Forex forecast 04/24/2024: EUR/USD, USD/CAD, Oil and Bitcoin from Sebastian Seliga April 24, 2024
- USD/JPY: trading tips for beginners for European session on April 24 April 24, 2024
- GBP/USD: trading tips for beginners for European session on April 24 April 24, 2024
- EUR/USD: trading tips for beginners for European session on April 24 April 24, 2024
- Market Comment – Stocks in the green, dollar stable as next batch of US data awaited April 24, 2024
- Technical Analysis – WTI futures tick up after bouncing off 50-SMA April 24, 2024
- Technical Analysis – GBPUSD bounces off 1.2300 but remains at risk April 24, 2024
Wave summary:
No change in view here.
We countinue to look for a break above minor resistance seen at 1.5733 and more importantly above resistance at 1.5899 that will call for a continuation higher towards 1.6236 and above here too in the longer term. Only an unexpected break below support at 1.5419 will delay the expected upside pressure.
Trading recommendation:
We are long EUR from 1.5510 with stop placed at 1.5410. Buy a break above minor resistance at 1.5733 and use the same stop.
The material has been provided by InstaForex Company – www.instaforex.com
Source: Instaforex.com
Related Posts: