EURNZD Trading daily plan

  Good Morning,   – The euro trade higher to as far as $1.3879, aided in part by a Reuters report playing down the chance of any near-term easing in euro zone monetary policy. – U.S. stocks rose as large companies rallied on optimism about merger activity. Asian shares: Japan’s Nikkei -0.98%, Hong Kong’s Hang […]

Good Morning  , – Most of the currencies continued to trade in ranges. But USDJPY remained firm and the Aussie dropped clearly below 1.0500 (1.0465) for the first time since August 3, data out of Australia was weaker and Moody’s warned on Australia’s state debt. US yields remained firm overnight, after the retail data yesterday. […]

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. […]