Markets Look For Post Easter Uplift

Morning Report: 08:30 London

• This morning, financial markets are looking for reasons to be positive after a lack lustre trading environment over the Easter period. As UK traders return to their desks from an extended break, stock markets are unchanged after a positive couple of sessions.
         

                                                                                                                                                                                                                                  

• The Australian dollar is showing some positive intent though, helped by the Dollar index backing off.

                             

• The NZD/USD is rising on the Ausssie’s coat tails.
                                                                                                                                   
                                                                                         
                              

The USD/JPY has reversed all of yesterday’s gains, though this seems to be more about dollar weakness than any particular yen strength.

                                

Coming up today:

• We’ve a very light day ahead today, with US existing home sales the only real announcement of note at 15.00.

Trade Idea:

• Trading has been lack lustre of late, but like a coiled spring, markets rarely stay quiet for long.

                                

A good way to play this could be an IN/OUT trade on the AUD/JPY predicting that the pair will go out side of or “touch” either 97.50 or 94.25 within the next 3 days. This could return 178% if successful.

This is presented as an idea to stimulate fixed odds financial betting ideas and is not financial advice. 

Summary: