BetOnMarkets Daily Market Report (11th April)
April 11, 2013 8:54 amVideo
Latest News
- Forecast for EUR/USD on May 24, 2024 May 24, 2024
- Forecast for GBP/USD on May 24, 2024 May 24, 2024
- Forecast for AUD/USD on May 24, 2024 May 24, 2024
- The yen may have already executed a long-term reversal. Overview of USD/JPY May 24, 2024
- Analysis of EUR/USD pair on May 23rd. Buyers make a second attempt to test the 1.0880 level May 23, 2024
- Analysis of GBP/USD pair on May 23rd. American reports saved the dollar May 23, 2024
- Forecast of EUR/USD pair on May 23, 2024 May 23, 2024
- Forecast of GBP/USD pair on May 23, 2024 May 23, 2024
- USD/JPY: Simple trading tips for novice traders on May 23rd (US session) May 23, 2024
- GBP/USD: Simple trading tips for novice traders on May 23rd (US session) May 23, 2024
- EUR/USD: Simple trading tips for novice traders on May 23rd (US session) May 23, 2024
- GBP/USD: trading plan for the US session on May 23rd (analysis of morning deals). Buyers hit resistance at 1.2760 May 23, 2024
- EUR/USD: trading plan for the US session on May 23rd (analysis of morning deals). The euro rebounded from the 1.0819 level May 23, 2024
- Technical analysis – US 500 index slips after all-time high but holds within bullish area May 23, 2024
- Nvidia set to propel Wall Street to new highs but Fed uncertainty weighs – Stock Markets May 23, 2024
- Trading Signals for EUR/USD for May 23-25, 2024: buy above 1.0834 (200 EMA – rebound) May 23, 2024
- Trading Signals for SILVER (XAG/USD) for May 23-25, 2024: buy above 30.00 (200 EMA – rebound) May 23, 2024
- Forex forecast 05/23/2024: EUR/USD, GBP/USD, USDX, Oil and Bitcoin from Sebastian Seliga May 23, 2024
- Video market update for May 23, 2024 May 23, 2024
- USD/JPY: Simple trading tips for novice traders on May 23rd. Analysis of yesterday’s forex transactions May 23, 2024
Markets extend rally, but worst six months loom
Morning Report: 08.30 London
• Last night world stock markets rallied into the close, with the S&P 500 rising by more than 1%. This morning markets have taken a step back following worse than expected Australian jobs data.
• The news has set the AUD/JPY down by 0.35%.
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• The yen pairs are lower in general, with the USD/JPY shy of the 100.00 level, its highest point since 2009.
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• Gold is lower again despite denials from the Bank of Cyprus that it is planning to sell off large amounts of its gold reserves.
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• The power currency at the moment appears to be the NZD/USD with four solid sessions so far this week.
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Coming up today:
• Coming up today, we have US unemployment claims at 13.30, with import prices relea
sed at the same time.
• UK MPC member Tucker speaks at 14.00.
Bet Idea:
• According to SentimenTrader’s Jason Goepfert, the recent rally may not automatically be good news due to the fact that stocks have formed an intermediate term peak in April/ early may in each of the last three years. We are also entering what has historically been the worst six month period for stock markets.AUD/JPY has continued its strong trend with more upside potential following strong Chinese data.
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• This along is not enough to trigger a sell off, but we could at least see some volatility. This could seen in the EUR/USD, with the political and economic situation still uncertain.
• A ONE TOUCH trade predicting that the EUR/USD could touch 1.
2875 in the next 26 days could return 114% if successful.
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This is presented as an idea to stimulate fixed odds financial betting ideas and is not financial advice.
Summary
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