EURNZD Trading daily plan

Good Morning , – EURUSD fell close to a recent three-month low (1.2965) overnight, hurt by worries that political uncertainty in Greece and a French leadership change may undermine austerity plans key to tackling the euro zone’s debt crisis. AUDUSD dropped to 1.0052 after comments by PM Gillard, that the new budget would rive RBA […]

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 started the week near one-month highs against the dollar, having staged an impressive rally on hopes that Greece will finally secure more emergency loans to keep it afloat. – The euro bought $1.2972, not far off Friday’s peak of $1.2991, a high not seen since late October. Against […]