EURNZD Trading daily plan

  Good Morning,   – The Euro trade above a new yearly low at 1.3114 set on Asia, following an aimless session, as market activity hampered by a holiday in the US. Ukraine crisis with the risk of an imminent policy easing by the ECB still pressure the euro. – Asian shares: Japan’s Nikkei 1.24%, […]

Following the FED’s and BOJ’s impact on market, we are expecting BOE’s announcement about its monetary policy program later today. It is widely expected that they will keep the interest rate unchanged at 0.25% maintaining a neutral position. We are not anticipating any surprise, but a “waiting mode” within a mixture of high inflation and […]

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. […]