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Long-term trading signals on NZDUSD, NZDJPY and NZDCHF (July 2018)

Posted In: Forex Trading   Posted On: 2018/06/30 13:47 PM    Posted By: ituglobal




NZDUSD

 

Order: Buy

Entry date: June 29, 2018

Entry price: 0.6777

Stop loss: 0.6573

Take profit: None

Exit date: July 30, 2018

Status: Open

 

 

NZDJPY

Order: Buy

Entry date: June 29, 2018

Entry price: 75.02

Stop loss: 72.98

Take profit: None

Exit date: July 30, 2018

Status: Open

 

 

NZDCHF

Order: Buy

Entry date: June 29, 2018

Entry price: 0.6700

Stop loss: 0.6500

Take profit: None

Exit date: July 30, 2018

Status: Open

 

NOTE

NZD has long been weak versus major and minor currencies, and NZD pairs are extremely over-extended and thus, good candidates for reversals. The anticipated reversals can become changes in trends in certain cases or medium-term reversals which would bring nice profits for the holding period. For example, NZDJPY has reached major demand zones and its price action is showing signs of a bullish reversal.

 

The more the market goes in a direction, the stronger the reversal will be when it occurs. Currencies are particularly very good at reversing after they have become overbought and oversold for a long period of time.

 

Please don’t enter this trade without the recommended stop loss, and don’t risk more than 1% of your portfolio per trade.

 

More signals are coming.

 

RECENT RESULTS

July 2018

NZDUSD Buy, Open =

NZDJPY Buy, Open =

NZDCHF Buy, Open =

 

Disclaimer: Trading signals are provided for information purposes only and shouldn’t be construed as trading advice.

 

Source: www.tallienex.com  

 

Trading realities: http://www.advfnbooks.com/books/unlockpotential/index.html  

  

Source: http://uk.advfn.com/newspaper/authors/azeez-mustapha

 

 

Start your journey to permanent success: http://www.tallinex.com/open-account?i=128521 




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