EURNZD Trading daily plan

 Good Morning,   – The Russian central bank early on Tuesday raised its key interest rate by 650 basis points !!, to 17 percent from 10.5 percent. – Emerging markets remained under pressure from Asia to Latin America as investors dumped riskier assets, with the Indonesian rupiah skidding to a fresh 16-year low. – The […]

Apart from the macroeconomic releases, it pays to have a look at the bigger picture that gives the bird’s eye view. For sure, one could attribute the latest decreased performance of the Japanese economy (4Q19 GDP growth was negative) to the increased consumption tax, but he would get a distorted reality if he does not […]

Following up yesterday’s post, Ethereum bounced finally on the lower side of the channel. This was a decent area for taking buying trade setups. It is currently testing the 200 SMA and 38.2% Fibonacci level from below on the hourly TF. This is a major resistance zone. If price violates it to the upside then […]