Analysis

Weekly Trades: EUR/USD, EUR/NZD, NZD/USD

EUR/USD and EUR pairs are again on the move for the 4th week running and we’ll trade it once more. EUR/NZD’s price is low and oversold while NZD/USD is high and overbought. As usual, we trade continuously for all pairs to profit and maximize all pips.

 

EUR/USD

Short 1.1338 and 1.1366 to target 1.1198.

Short below 1.1171 to target 1.1058.

Long 1.1058 to target 1.1135.

Long 1.1198 to target 1.1254

 

EUR/NZD

Long 1.7144 and 1.7124 to target 1.7324. .

Long above 1.7444 to target 1.7524.

Short 1.7324 to target 1.7264

 

NZD/USD

Short 0.6592 and 0.6607 to target 0.6421.

Short below 0.6407 to target 0.6351.

Long 0.6351 to target 0.6379

Long 0.6421 to target 0.6493

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