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EURCAD 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 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 […]

Market Recap – Draghi’s response to dragging economy

Today is the day of the monetary meeting of the ECB. Mario Draghi, the “whatever it takes” Governor of the ECB, the one that will step down on October having made no rate hike during his terms, is set to continue delivering dovish communication. Latest European inflation readings reveal that, despite the decreasing unemployment and […]

PM Monti * Italy doesn’t need EU help at the moment…

 Good Morning , – EURUSD continues to trade near 7 week highs. News and data flow was very light overnight. Focus remains on the upcoming Jackson Hole meeting and the next ECB announcement on Sept. 6. – Interview with Italy PM Monti in Il Sole 24 Ore * Italy doesn’t need EU help at the […]