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 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 […]

Obviously, the market participants have no clear bias, therefore EU and US major indices are consolidating in the last days. Yesterday FED announced the bank stress-tests results and apparently, investors considered them somehow negatively. Though FED said that most banks can withstand the COVID-19 impact. Additionally, NIKE reported a major revenue drop by 38% for […]

NZDCAD has been surging for the last 6 months. Yesterday, both the New Zealand’s actual GDT Price Index [-1.8%] was lower than the previous one [-0.7%] and the New Zealand’s actual Westpac consumer survey [103.5] was lower than the previous one [108.6]. Reviewing the weekly timeframe, RSI hit the oversold area, while CCI is forming […]