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EURAUD Daily Trading Plan

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) […]

Risk is weaker across the board in reaction to the disappointing inaction of the ECB

  Good Morning , – Risk is weaker across the board in reaction to the disappointing inaction of the ECB in yesterday’s monetary policy announcement.    Currencies traded in narrow ranges overnight after yesterdays sell off in Eur/Usd . –  Japan’s Nikkei Stock Average (-1.15%), Australia’s S&P/ASX 200 (-1.17%), South Korea’s Kospi (-1.00%) and Hong Kong’s Hang […]

Asian stocks fell for a fourth day

Good Morning – Asian stocks fell for a fourth day and the Australian dollar weakened as Chinese trade data added to signs of slowing economic growth. Oil slumped as Norway ended an energy strike. – China June trade surplus $31.73 bln, exports +11.3% y/y, imports +6.3%, $21.0 bln, +9.9% and +12.7% eyed, import data pointing […]