Matt Simpson

NFP Could Confirm A Breakout Or Fakeout For EUR/USD

Mar 08 2019 @ 02:43
EUR/USD is licking its wounds near its 21-month low ahead of today’s NFP report, and were closely watching today’s close at it could be the difference between a breakout or a fakeout. City Index: Spread Betting, CFD and Forex Trading on 12,000+ global markets including Indices, Shares, Forex and Bitcoin.Click here to find out more..
 

Copper And Antofagasta In Focus For Bulls

Mar 08 2019 @ 02:42
Since breaking higher, Copper is forming a potential continuation flag above support whilst Antofagasta is trying to take the lead. So, we’re keeping a close eye on these two markets to see if either extends their rally. City Index: Spread Betting, CFD and Forex Trading on 12,000+ global markets including Indices, Shares, Forex and Bitcoin.Click […]
 

Gold Teases Bulls With Its Potential To Mean Revert

Mar 06 2019 @ 04:17
Gold’s decline since its multi-month high has not gone unnoticed, yet there are indications that mean reversion could soon be on the horizon. Since August’s low, gold had gained increasingly bullish attention which saw it trade nicely within a tight bullish channel. That is, of course, until a bearish pinbar marked its high before rolling […]
 

Australia's GDP Miss Weighs On AUD

Mar 06 2019 @ 04:15
The Australian dollar took a tumble across the board after today’s GDP miss. Coming in a 2.3% YoY versus 2.5% expected, it takes the 2018 average down to 2.9% and below RBA’s estimate of 3%. AUD sold off mostly against JPY, USD and EUR to see AUD/JPY as today’s biggest mover with an intraday loss […]
 
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