EURNZD Trading daily plan

 Good Morning,   – EUR/USD trade to one week high above 1.29…market awaits Bernanke testimony. – Asian shares: Japan’s Nikkei +1.60%, Hong Kong’s Hang Seng close, Korea’s Kospi  +0.64%, Australia’s ASX 200 -0.17% and China’s Shanghai -0.12%. – ECB’s Liikanen urges open mind on asset-backed securities. – St. Louis Fed President James Bullard and New […]

  Good Morning,   – Euro continues to move higher above 1.36 as U.S. government shutdown for a third day and  Volatility (fear) Index in US hit a two-month high. – Asian shares: Japan’s Nikkei -0.94%, Hong Kong’s Hang Seng -0.39%(07:10 GMT), Korea’s Kospi  -0.12%, Australia’s ASX 200 -0.50%. – IMF’s Lagarde: The U.S. debt […]

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 […]