EURNZD Trading daily plan

  Good Morning,   – Greece default worries still weigh on euro… – Global Equity markets keeps a positive mood after China took steps to stimulate its economy and Wall Street also rose on corporate earnings. – The European Central Bank is studying measures to rein in Emergency Liquidity Assistance to Greek banks, as resistance […]

OPEC+ is recommending an additional production cut of 500KBpd.While until last week, analysts were only expecting an extension of the current production cap of 1.2MBpd. The extra production cap is sending oil prices higher. The length of the cap remains to be agreed today. April 2020 and June 2020 are most likely expiration dates. France […]

Gold failed to break out the 1160 level and lost most of the gains of the previous week. Traders prefer risking on equities as they bet on the growing expectations on US economic growth as well as on the positive momentum on EU markets at the start of 2017. The weekly technical view remains bearish […]