EURNZD Trading daily plan

Today’s look on the daily timeframe shows the pair is consolidating between 1.06 to 1.05 range. There is confluence of resistances on the grey zone like 55EMA, 38% Fibonacci level and the round number 1.06. The immediate momentum remains positive as long as price stays above the zone 1.05-1.048.   Potential upside move above 1.06 […]

Good Morning,   – The U.S. dollar hovered above a two-month low against the yen on Tuesday but struggled to extend gains on FED worries. – Asian shares:  Japan’s Nikkei -0.20%, Hong Kong’s Hang Seng -0.29%(07:00 GMT), Korea’s Kospi  0.93%, Australia’s ASX 200 -0.22% and China’s Shanghai 0.14% – Draghi: “Rethinking the Limitations of Monetary […]

  Good Morning,   – The euro was slightly up, holding well above lows set last week as FED’s “ tapering or not “ come again on play… – Asian stocks fell, with the regional benchmark index snapping a two-day gain, on bets the Federal Reserve may start reducing U.S. stimulus next month and after […]