EURNZD Trading daily plan

    Good Morning ,   – The euro dipped to 1.3355 low in Asia, continuing to pull back from 15-month highs following what markets perceived as slightly dovish comments from the European Central Bank and political uncertainty in Italy and Spain. – Asia markets close for the Lunar New Year holidays , Australia’s  ASX […]

Earlier today, EU Markit PMI Composite slightly increased vs previous month (Actual: 51.0, Previous: 51.1), while EU Retail Sales declined to 0.8% from 1.8% in the previous month. Today’s agenda doesn’t include any other major news related to the pair. Reviewing the daily technical aspect, EURJPY verified our previous analysis, breaking out above the horizontal […]

The Index is trying to establish a base here after the sell pressure on Tuesday. By using rule 123 on drawing channels, we have noted a rising channel where price found support on the lower side of the channel. Next supports are at 11850 and 11650. Daily   Hourly Within the daily rising channel, there […]