EURNZD Trading daily plan

 Good Morning ,   – US Fiscal deal stalls as clock ticks to deadline and currency’s trade in a narrow range ahead of the end of the year .   – Asian markets :  Japan’s Nikkei close  , China’s Shanghai  +1.61% , Hong Kong’s Hang Seng    -0.04% , Korea’s Kospi  close  and Australia’s  ASX 200 […]

The Index is trying to establish a base here after the sell pressure on Tuesday. By using rule 123 on drawing channels, we have noted a rising channel where price found support on the lower side of the channel. Next supports are at 11850 and 11650. Daily   Hourly Within the daily rising channel, there […]

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. […]