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ECB left the door open for more bond purchases beyond September 2016…

  Good Morning,   – The euro hit again a new low yesterday and slumped below $1.10 for the first time since September 2003. Last was trade slightly above to this level at $1.1015. – The common currency fell to an 11-1/2-year low against the dollar and European stock prices rose to seven-year highs yesterday, […]

USOIL consolidates before 60$ zone?

Crude Oil is consolidating around 50 to 54$ for several days after the 18% rally from February’s lows. Investors turned to bullish following OPEC’s agreement for cutting oil production and they are still speculating that most countries will stay in line. Furthermore, non-OPEC countries (like Russia) seem to follow the same strategy. OPEC group aims […]

NZDCAD Daily Trading 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 […]