EURNZD Trading daily 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. […]

  Good Morning,   – The euro eased a touch to $1.35 level, still dogged by speculation that the threat of deflation might nudge the European Central Bank into easing policy at its meeting on Thursday. – Asian shares: Japan’s Nikkei 1.23%, Hong Kong’s Hang Seng -0.60%, Korea’s Kospi 0.24%, Australia’s ASX 200 -0.50%. – […]

Based on the FED Funds futures market, investors strongly believe that the Federal Reserve will cut rates when they meet later within this month. The CME FedWatch tool indicates a 100% probability that the Fed will decrease the rates. Further to this Australia and Malaysia already lowered their overnight policy rate and cash rate by […]