EURNZD Trading daily plan

     Good Morning,   – AUD/USD breaks lower after RBA’s Stevens headlines… – The AUD/USD is losing value across twilight markets as the transition between New York and Tokyo gets underway. The trigger on the AUD fall came after RBA’s Stevens said currency value misaligned with fundamentals. Briefly, Stevens did not let down the […]

 -The Federal Reserve will raise interest rates Thursday at the conclusion of its two-day meeting for one very specific reason, closely followed market watcher Jim Grant said Wednesday. “I think they do it for the very human reason that Janet Yellen wants to change the subject as much as we want to have it changed. […]

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 […]