BetOnMarkets Daily Market Report (28th January)

Read the Daily Market Report from Dave Evans, Professional Trader


	Asian markets lift gold, Aussie dollar Morning Report: 08.30 London • This morning, a strong Asian session has helped boost the Australian & New Zealand dollars, with gold picking up for the first time in five sessions. Click here to view full-sized image Click here to view full-sized image • The euro is backing off after strong gains in the last few trading sessions as analysts question the banking union plans. Click here to view full-sized image Coming up today: • Today we have S&P/ Case Shiller US housing index data, with a rise of 5.5% expected at 14.00. • From 15.00, we have US CB consumer confidence. Bet Idea: • The EUR/ USD is on course for its sixth straight set of mont hly gains, something it hasn’t done since 2002. Typically after five and indeed six straight positive months, there is a reversal. With analysts sniffing around the Euro banking union plans, February could see at least a pause in the euro’s advance. Click here to view full-sized image A good way to play this could be a LOWER trade predicting that the EUR/USD is below 1.3175 on March 1st. This could return 367% if successful. Click here to view full-sized image 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

–e0ac1416d3f04be3134172255355e3df_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.