EURNZD Trading daily plan

  Good Morning,    – The Euro finally lost some ground and trade below 1.33 level looking for 1.32, as markets still cautious on Syria. UK seeks UN approval for Syria strike, while US plans to move ahead regardless. – Asian shares: Japan’s Nikkei 0.91%, Hong Kong’s Hang Seng 0.55%(07:00 GMT), Korea’s Kospi  1.22%, Australia’s […]

  Good Morning,   – The dollar still under pressure …the dollar index was last at 80.052, after dipping as low as 80.010, a level not seen since May 21. – Retail turnover in May 2014 in Germany increased 1.9% in real terms and 2.2% in nominal terms compared with the corresponding month of the […]

This analysis may give two potential trading setups by providing entries as well as exits. We keep it really simple and straightforward. Always review your own analysis, if there is confluence between this and your own strategy, then you may have even better trading setups. On the chart, two levels indicate the BUY (green) and […]