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EUR/USD fell back below $1.23 after peaking $1.2390 on Friday

Good Morning , – Currencies traded in narrow ranges. EUR/USD fell back below $1.23 after peaking $1.2390 on Friday .   Risk on sentiment follows another press report on Friday suggesting Mario Draghi will meet with Bundesbank head Weidmann about the policy options available to the ECB .  Asian equity markets are in rally mode to […]

Market Recap – Central Bank of Australia

It’s another intense day for the UK Parliament today. Labor party will propose a legislation that would block Boris Johnson from exiting without a deal on the 31st of October. Any Conservative MP that would support the legislation is threatened to be expelled from the party and deselected. Following the July’s monetary meeting, when a […]

USDCAD Daily Trading Plan

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 […]