BetOnMarkets Daily Market Report (28th May)

Read the Daily Market Report from Dave Evans, Professional Trader


	Aussie leads rebound Morning Report: 09.15 London • After a turbulent few days, financial markets are on the rise this morning with the Australian dollar leading the charge. The yen pairs are seeing the greatest movements with the AUD/JPY up 1.48%. Click here to view full-sized image • The USD/JPY is not far behind, up 1.08% with other pairs seeing gains of that magnitude. Click here to view full-sized image • The dollar pairs are generally quieter though, with the AUD/USD leading with gains of 0.39%. Away from this though, the euro is off by 0.17%, with gold down by 0.36%. Click here to view full-sized image Click here to view full-sized image Click here to view full-sized image Coming up today: • We’ve a relatively quiet day ahead today with the main highlights being the main US house price index at 14.00 followed by CB consumer confidence at 15.00. Bet Idea: • The AUD/JPY is bouncing sharply from the recent lows, rebounding off support in the 97.00 region. Markets have no doubt come in for a little turbulence recent weeks and the recent volatile trading action could be the new normal for a while. Click here to view full-sized image • The 100.00 level could be breached again this week, but sustained rallies could be some time in coming. A good way to play this could be a ONE touch trade predicting that the AUD/JPY touches 99.80 in the next 1 day for a potential return of 120%. 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

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