EURNZD Trading daily plan

 Good Morning,   – Euro,U.S. Stocks Fall on Concern Fed Will Scale Back Stimulus. – U.S. stocks fell, reversing an early rally, as concern grew that the Federal Reserve will scale back its stimulus efforts if the labor market continues to improve. All 10 industries in the Standard & Poor’s 500 Index declined. Utility, commodity […]

Cable is consolidating below 1.30 level and remains neutral to bullish in short term (bullish in midterm). The next major resistance is at 1.315 where there is confluence with 38% Fibonacci level as well the price structure. On 27/4, we had updated our analysis on the pair and the potential target is still open. Earlier […]

  Good Morning,   – The euro hit a new 2014 low at 1.3454, after broke below the psychological $1.35 level on Tuesday. – Asian stocks edged up on Wednesday as investors’ risk appetite began to return, despite the geopolitical tensions in Gaza & East Ukraine. Japan’s Nikkei -0.10%, Hong Kong’s Hang Seng 0.44% (07:06 […]