BetOnMarkets Daily Market Report (18th April)

Read the Daily Market Report from Dave Evans, Professional Trader


	All Eyes On Italy Morning Report: 08.30 London • The euro came in for some heavy selling yesterday on German Bundesbank comments that a euro rate could was possible and that the debt crisis would take a decade to overcome. The comments mixed with a general risk off day to produce some heavy selling in the EUR/USD and a general rise in the dollar index. This morning, price action is stable ahead of elections for the Italian president. Click here to view full-sized image Click here to view full-sized image Click here to view full-sized image • The yen pairs are generally on the rise, though any gains are tentative at present. Click here to view full-sized image Coming up today: • Coming up today, we have Italian Presidential elections. • UK retail sales follow at 09.30. • US unemployment claims are released at 13.30, with Philly Fed manufacturing figures out at 15.00. • The G20 meeting rumbles on in the background throughout the day. Bet Idea: • The AUD/USD came in for some heavy selling yesterday, but in recent times, this has often led to a short term bounce in the other direction. Click here to view full-sized image • A good way to play this could be a HIGHER trade predicting that the pair closes above 1.0350 in 2 days time. This is presented as an idea to stimulate fixed odds financial betting ideas and is not financial advice. Summary Click here to view full-sized image

–fa15173aaaa7b44fa48e060b49ce4337_myaff–

Trade Forex, Commodities, Stocks and more, trade CFDs on the Plus 500 CFD trading platform! *CFD Service. 80.6% lose money - Register a real money account here and get trading right away.