EURNZD Trading daily plan

  Good Morning,   – The dollar declined versus most major peers as the S&P fell to a three-week low. The U.S. dollar index was last down at 80.20 level. – US stocks suffered another heavy drop yesterday. Nasdaq 3-day loss worst since 2011. Japan’s Nikkei -1.36%, Hong Kong’s Hang Seng 0.98% (07:15 GMT), Korea’s […]

  Good Morning,   – The euro traded little changed overnight at above $1.37 level after dropping to a 2-1/2-month low of $1.3648 on Thursday on ECB easing prospects. – Asian shares were under pressure on Friday, with Japanese stocks skidding as the yen rose against the dollar, which has struggled in recent days on […]

Following up our Monday’s post, Bitcoin almost completed the ABCD pattern that we noted as a measured target to the upside. In addition, our re-buying level gave another long trade opportunity to traders. RSI (5) is overbought but it’s not giving a negative divergence on the daily TF.  The 4400$ and 4100$ levels are short-term […]