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 dollar still on heavy demand as finally broke to a six-year peak on the yen and a one-year top on the euro… – Asian shares: Japan’s Nikkei 0.28%, Hong Kong’s Hang Seng -0.20% (07:01 GMT), Korea’s Kospi 0.29%, Australia’s ASX 200 0.55% and China’s Shanghai 0.00%. – The dollar […]

When reviewing USOIL daily time-frame, overall the trend remains upwards as there are no visible bearish crossovers in moving averages. The grey resistance zone on 54 kept the prices below and the consolidation still continues. Now USOIL is forming a triangle and heading to 21ema and the trend line (blue). If there is a valid […]