Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
AUDJPY Technical Analysis Report 09 November, 2020
AUDJPY broke down channel Likely to rise to 76.50 AUDJPY continues to rise after the earlier breakout of the resistance trendline of the daily down channel from August. The breakout of this down channel should…
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Trader thoughts - breakouts noted, but can they be sustained? For those not subscribed to our YouTube or Telegram channel, here is the 'Trading in isolation' video, reviewing the US close, Asia open. Take a…
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Trader thoughts - Moderna drug trails not all the bulls thought it might Risk-on, risk-off the saying goes, but these are choppy markets and just when you think the bulls have an upper hand, risk…
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The leads set for Asia and the start of the new trading week are hardly inspiring, although the weekend news has been uneventful. Early selling in AUDJPY has manifested into early weakenss in equity futures,…
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Playing the S&P500 through FX – the AUD has found its mojo When trading the AUD, I guess you have to take a view on the S&P500, as correlation analysis suggests the AUD is a…
