EURNZD Trading daily plan

Cryptos are heading lower for another day. Specifically, ETHUSD has activated a Double Top pattern (check the previous post), which gave a measured target near to $780 level. In this area, there is the 200 SMA in H4 TF that can give an extra support to buyers. Little higher, there is the 61.8% Fibonacci level. […]

  Good Morning,   – EUR/USD remained in a narrow range around 1.38 level, as Europe returned from the Easter holidays and faced uncertainty over whether ECB policy will move toward more monetary stimulus. – Asian shares: Japan’s Nikkei 1.09%, Hong Kong’s Hang Seng -0.81% (07:15 GMT), Korea’s Kospi -0.19%, Australia’s ASX 200 0.64% and […]

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 […]