I recently subscribed to Autochartist’s latest e-mail feature and received this trade opportunity alert this morning. Autochartist’s latest feature provides traders with a quick morning technical outlook of the markets.
Both EUR/USD and EUR/NZD have reached the target levels that were set previously by Autochartist for the Triangle breakouts that had been earlier identified. EUR/USD today started the trading session with a sharp upward impulse which carried it well into the USA trading hours – brining the pair sharply up and beyond the target level 1.3539 from the following opportunity alert that was generated for this currency pair two days ago.
EUR/USD" title="EUR/USD" width="600" height="338">
Similarly to EUR/USD, EUR/NZD started the day with a sharp upward price thrust which just brought the pair to the target level 1.6315 that was generated earlier by Autochartist for the breakout of the 4-hour Triangle from the 19th December, as is shown below.
EUR/NZD" title="EUR/NZD" width="600" height="344">
EUR/NZD is expected to rise further toward the next target level 1.6445 – in accordance with the following opportunity alert that was generated by Autochartist for this currency pair. The stop-level for this advance is set at 1.5383 (which is the last turning point of the daily Triangle that has been broken recently). The upward sloping moving average confirms this bullish forecast.
EUR/NZD 2" title="EUR/NZD 2" width="600" height="338">
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Daily Forex Update: EUR/NZD & EUR/NZD
Published 01/31/2013, 04:38 AM
Updated 03/09/2019, 08:30 AM
Daily Forex Update: EUR/NZD & EUR/NZD
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Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
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