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EURNZD Daily
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Market awaits the US Nonfarm Payrolls in the afternoon and the elections in France and Greece over the weekend
Good Morning , – Market traded in tight ranges in Asia. Market awaits the US Nonfarm Payrolls in the afternoon and the elections in France and Greece over the weekend. – Stocks: Nikkei +0.31 %, Hang Seng -0.74 %, Shanghai Composite +0.23 %, Dow Jones -0.47 %, S+P500 -0.77 % – Federal Reserve Bank of […]
EURUSD broke above 200SMA! Whats next?
Following up on the previous post, EURUSD finally performed and verified the breakout of 200SMA decisively. The newsfeed supported the current bullish bias and buyers are prevailing. A new package is going to be provided to EU countries in a form of grants and loans as discussed in the EU yesterday. Reviewing the daily chart, […]
EURJPY Daily Trading Plan
We are following a simple, well known technical pattern, named Pivots, in order to find out opportunities in the market. Pivot points are calculated as an average of significant prices from the performance of the market in the prior trading day. The Pivots are often turning points for the direction of price movement in the market. […]