EURNZD Trading daily plan

Good Morning , – FX Majors continued to trade in narrow ranges, a couple of news on Europe have been out during the night, but without any impact. On the other hand most EMG- and commodity currencies have been under pressure on growth concerns. – Stocks: Nikkei -0.83 %, Hang Seng -1.33 %, Shanghai Composite […]

– The New Zealand Dollar climbed more than 1.3 percent (over 85 pips) versus the US Dollar. The gain came after the Reserve Bank of New Zealand cut its benchmark lending rate by 25 basis points for a second consecutive meeting. This is the first time the central bank cuts its cash rate in subsequent […]

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 a confluence between this and your own strategy, then you may have even better trading setups. On the chart, two levels indicate the BUY (green) […]