Monday, November 26, 2018

Trades of the Month – EURNZD

Dear Nasril Nizam
Trades of the Month – EURNZD
The single currency fluctuates with news concerning Italy's budget plans. Here is how much you could earn by trading euro (EUR) against the New Zealand dollar (NZD) - EURNZD.
The euro is adversely affected by the budget crisis in Italy.
Based on our EURNZD technical analysis released on October 17, 2018 you could sell 100,000 EUR with 1:100 leverage at the exchange rate EURNZD 1.7470 on October 19, 2018 by investing about $1145.68 (margin for the position).
Close the position on November 16, 2018 at the exchange rate EURNZD 1.6570.
Therefore, by investing $1145.69 , you could earn $6266.68 (including $98.08 swap credit), that is you could increase the investment by about 547%.
Try your own successful strategy by trading currency pairs.
Trade Currency Pairs
If you have no Real trading account yet, open it now and realize your best trading strategies. The minimum deposit is 1$!
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Enjoy your trading with us!

Kind Regards,

IFC Markets Team
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