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EUR/NZD MAY RISE ON ECB EXPECTATIONS.

VAISHU09 Опубликовал 11 Окт. как анализ EUR/NZD , Цель: 1.69718, Дата: 1-е Декабря, 12:00 GMT в #Technical analysis #EUR/NZD

EUR/NZD is in uptrend on weeknly and on monthly chart. Recently published economic data of New Zealand is below expectations and EUR rising in expectations that ECB may not extend quantitative easing beyond December 2017. As recently published economic data of euro zone and individual countries in Euro Area is well above expectations. So I expect it to rise and it may reach near its next resistance which is at 1.72752.
Technical Analysis: EUR/NZD is in uptrend on monthly and on weekly chart.
Too…

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TECHNICAL OUTLOOK ON EUR/NZD

VAISHU09 Опубликовал 11 Сент. как анализ EUR/NZD , Цель: 1.63973, Дата: 1-е Ноября, 12:00 GMT в #Technical analysis #EUR/NZD

After remaining sideways for many days EUR/USD had a breakout and it is rising from there. Its next resistance stands at 1.69295. Fundamentally market participants expecting ECB may not extend Quantitative easing after it ends in December 2017. Recently published data like trade balance suggests New Zealand economic growth is on track again. So I expect a retracement after growth in EUR/NZD.
Technical Analysis: EUR/NZD is in uptrend on monthly and on weekly chart.
Tools Used: Ichimoku Cloud, Fib…

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EUR/NZD MAY RISE ON ECB EXPECTATIONS.

TECHNICAL OUTLOOK ON EUR/NZD