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NZDCHF 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. […]

EURUSD is waiting for NFP

Markets are discounting for a positive U.S. jobs report later today as all major indices are back again to recent highs. Economists polled by MarketWatch anticipate 185,000 new jobs were added to the economy in May. An even-better number could further strengthen prospects that the U.S. Federal Reserve will increase interest rates within this month. […]

Market Recap – The ECB week

Financial markets are turning their focus to Thursday’s ECB meeting. Following this year’s Jackson Hole summit, it would be the third Central Bank to announce its monetary policy. The RBA (Australian) and the BOC (Canadian) left their policies and main rates unchanged communicating that the current degree of stimulus is appropriate. On the other hand, […]