empty
 
 
31.01.2014 12:12 PM
Elliott Wave Analysis of EUR/NZD for January 31, 2014

This image is no longer relevant

Today's Support and Resistance levels:

R3: 1.6792

R2: 1.6763

R1: 1.6677

Current Spot: 1.6625

S1: 1.6609

S2: 1.6592

S3: 1.6561

Technical summary:

The expected correction from 1.6725 became slightly deeper than expected, but we are now looking for support at 1.6592 to protect the downside for a break above minor resistance at 1.6677, which confirms the rally in red wave v towards 1.6792. Once red wave v and black wave iii is in place look for a shallow wave iv correction to 1.6579 before higher again in wave v.

Trading recommendation:

Stay long EUR from 1.6495 and keep you stop at 1.6554, but lift your stop to 1.6600 upon a break above 1.6677. Take profit should be kept at 1.6780. If you are not long EUR yet, then the potential is becomming limited, but buy EUR upon a break above 1.6677 with a close stop at 1.6640 and take profit at 1.6780 could work.

Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN
  • Chancy Deposit
    Deposit akaun anda sebanyak $3,000 dan dapatkan $1000 lebih lagi!
    Dalam Jun kami membuat cabutan bertuah $1000 dalam Kempen Chancy Deposit!
    Dapatkan peluang untuk menang dengan membuat deposit $ 3000 ke dalam akaun dagangan. Setelah memenuhi syarat ini, anda menjadi peserta kempen.
    SERTAI PERADUAN
  • Trade Wise, Win Device
    Daftar untuk peraduan dan tambah dana akaun anda dengan sekurang-kurangnya AS$ 500 untuk layak memenangi peranti mudah alih.
    SERTAI PERADUAN
  • Bonus 100%
    Peluang istimewa anda untuk menerima bonus 100% pada deposit anda
    DAPATKAN BONUS
  • Bonus 55%
    Dapatkan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • Bonus 30%
    Dapatkan bonus 30% setiap kali anda membuat penambahan dana akaun anda
    DAPATKAN BONUS

Artikel yang dicadangkan

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget