🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

Daily Forex Update: EUR/CHF & NZD/JPY

Published 02/05/2013, 05:05 AM
Updated 03/09/2019, 08:30 AM
EUR/CHF
-
NZD/JPY
-

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

EUR/CHF today reached the 1.2294 target level that was set for this pair in the trade opportunity alert that I received yesterday, which is shown below. This is the second time in the row that the pair reached the target level specified in the trade opportunity alert that I received through Autochartist’s email subscription (the first time it fell to the earlier target level 1.2325 last Friday).
<span class=EUR/CHF" title="EUR/CHF" width="600" height="337">
As can be seen from the following opportunity alert that was today generated by Autochartist for NZD/JPY, the pair is expected to rise further toward the target level 78.9126 in 10 hours – after the recent breakout of the 15-minute Triangle chart pattern identified by Autochartist. Autochartist sets the stop level for this upward move at 78.245 (point A on the chart below) which corresponds to the last upward reversal point of the broken Triangle. The presence of the upward sloping moving average confirms this bullish forecast.


<span class=NZD/JPY" title="NZD/JPY" width="600" height="334">

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
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.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.