EURNZD Trading daily plan

  Good Morning,   – Euro trade on correction mode for second session ahead of FED’s meeting later today.     – Asian shares rose, following Wall Street’s lead, as investors speculated that weaker U.S. data could prompt the FED to express caution this week on the timing of a future rate hike. Downbeat data on […]

 Good Morning,   – Nothing new in a currency market. Euro tries to stay above 1.30.   – Asian shares: Japan’s Nikkei 0.00%, Hong Kong’s Hang Seng +0.86%(06:40 GMT), Korea’s Kospi +0.11%, Australia’s ASX 200 +1.37% and China’s Shanghai +0.57%(06:400 GMT). – German exports decreased by 2.8% and imports by 5.9% in February 2013 on […]

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 […]