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  • Writer's pictureAnand

EUR/NZD trading idea and related forex market analysis | June 24, 2022.

Updated: Jun 28, 2022

Here is how I used currency correlations, economic situations and technical analysis tools to find out a trading opportunity in EUR/NZD.

P.S. Something that I didn't include in the video: EU leaders accepted Ukraine as a membership candidate. It may exacerbate the Russo-Ukrainian war and can cause more problems for the Euro. Although a few analysts believe that it will strengthen Ukraine on the negotiation table to negotiate a case-fire, I don't believe this is gonna help Ukraine because Russia has already taken 20% control of Ukraine and the attitude of BRICS countries doesn't look compromising.

Please note that Keon Consultancy uses these ideas in Forex Account Management / Fund Management; however, it doesn't post all the ideas used in trading.

1 comment

1 Comment

Although the pair moved upward after our entry, it never closed above the previous high; so we kept holding the position. We closed today around mid-band with +907 points (90.7 pips).

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