EURNZD Trading daily 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) […]

Goodmorning to all! We had noted many times in previous posts that EURUSD has uncompleted downside targets. In addition, there was a progressing bearish flag, which was finally activated and gives a measured target near to 1.145. This level is critical as there is a price structure on the left and 61.8% Fibonacci retracement before […]

GBPJPY is still recovering after bouncing on 147 area. It has already retraced back 38.2% of its losses from recent highs (+152).  The latest low is a major Swing Low (SWL) now, which needs to hold for maintaining the long-term upwards bias. Heading to the hourly, the pair performed a bullish breakout of the declining […]