Trading Opportunities

This week ahead: Interest Rate Decisions, GDP

We've seen risk-on in currency markets recently, with many pairs against the U.S Dollar rallying on confidence that the economy will fare better in 2021. GBP/USD. Broke 1.40, while NZD/USD and AUD/USD both broke 0.78 and 0.73, respectively. Oil has...

USD/JPY Looking For 100?

We have seen a clear downtrend in the USD/JPY since the U.S peaked in early April. The Coronavirus saw a rush to the cash, specifically the Greenback....

NZD/AUD – Battle Of The Interest Rates

NZD/AUD is approaching a robust congested area at around 0.925. A downwards channel sees a possible move further lower may see the pair come a level below 0.9. However, an action lower will be dictated on which economy puts the...

Bitcoin Mania Pushes Cryptocurrency To $50,000

Today was a legendary milestone for Bitcoin, the most comprehensive used cryptocurrency as it crossed the 50,000 marks as it continues to attract retail and institutional investors worldwide....

Markets are Frothy

Here's an interesting juxtaposition. There are currently just over 25 Million Currently Infected Patients of Covid-19, with 2.4 million deaths*. However, · Tesla is up nearly 2,000% since the start of 2019. A luxury electric car company whose slim profit...

Week ahead – GDP, CPI & Unemployment

This week ahead, we have a plethora of data coming out across the world dictating the strength of "main street" and its contribution to the Coronavirus Pandemic's global recovery....

NADSAQ Hits 14,000

The NASDAQ hit a legendary milestone, touching 14,000 as vaccines pump optimism in the markets. Investors were looking for a defensive asset in a low-interest-rate environment that can appreciate risk-off environments amidst the Coronavirus Pandemic. Investors found that in tech...

GBP/USD Breaks 1.38

The Pound against the U.S. Dollar broke 1.38, a critical psychological support/resistance level that gives bulls confidence to attack the 1.40 level. The recent tailwind in the Pound has mainly come from the number of initial doses the U.K. has...

EUR/USD Pushes Higher On Draghi’s Appointment

Amongst U.S. Dollar strength across the board coming into 2021, the Euro has come roaring back on further optimism on the vaccine, alongside asset markets strength....
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