EURNZD Trading daily plan

  Good Morning,   – The euro trade stable and Asian shares on profit taking mode, give back some gains triggered by China’s rate cut yesterday. – A sharp rise in private consumption more than compensated for stubborn weakness in investment, helping the German economy post modest growth in the third quarter and avoid recession, […]

The risk-off mode in the financial markets continues as we are heading towards the weekend that would be full of political events. In Germany, the anti-immigration, anti-EU “Alternative for Germany” party has legitimate chances of winning the Sunday’s elections of Saxony and Brandenburg, potentially favoring the short EUR trades. In the UK, protests are being […]

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 a confluence between this and your own strategy, then you may have even better trading setups. On the chart, two levels indicate the BUY (green) […]