CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Click here to read full risk warning

Market Recap: 2 - 6 September

 

 
On Tuesday last week we covered UK Oil which spent the rest of the week rallying higher to a one month high. Throughout most of August UK Oil traded within a narrow range mainly between $58 and $60 with the former level providing some support, which has assisted the recent rally. UK Oil has enjoyed several excursions above the $60 level in the last four weeks, however every time it has been sold off quickly returning back into the range, so this recent excursion is significant.
Read More

USDJPY - Rallies to One Month High above 107 as BOJ is Under Fire

 

 
In the last day or so the USDJPY has rallied and pushed up to its highest level in one month above the 107 level, after spending the last month or so trading in a narrow range right around the 106 level. Prior to this consolidation period the USDJPY fell away sharply from the key 109 level down to its lowest level this year near 105, which has since been lowered two weeks ago to below 104.50. Throughout July the USDJPY had been meeting resistance at the 109 level as it has generally traded in a narrow range between 108 and 109 for some time.
Read More

Valutrades Market Blast Technicals 27 August 2019

Read More

Valutrades Market Blast Fundamentals 26 August 2019

Read More

Market Recap: 19 - 23 August

 

 
On Tuesday last week we covered UK Oil which spent the rest of the week rallying back up to $60 before being rejected and sold off moving lower towards $58 again. In the last two weeks UK Oil has traded within a narrow range between $58 and $60 with the former level providing some support, which it will be expected to do again. UK Oil still remains close to its seven month low after falling sharply back through the key $63 level three weeks ago.
Read More

Valutrades Market Blast Fundamentals 19 August 2019

Read More

Market Recap: 5 - 9 August

 

 
On Tuesday last week we covered UK Oil which dropped even further before rallying a little to finish the week. In the last week UK Oil fell sharply back to the key $63 level and through down to its lowest level in almost two months to another support level at $60, before dropping further again.
Read More

USDJPY - Moves Sharply Lower from 109 as IMF Lowers its Global Economic Growth Forecast

 

 
In the last two weeks the USDJPY has fallen sharply away from the key 109 level down to its lowest level this year as it looks poised to move lower still. For the most part of the last month the USDJPY has been meeting resistance at this 109 level as it has generally traded in a narrow range between 108 and 109. However in the last four months, the USDJPY has moved considerably lower in the last four months falling from above 112 down to its 2019 low.
Read More

Japan Gross Domestic Product (GDP) q/q

Today at 12:50am UK Time. GDP q/q reflects the monetary value of all goods and services produced in Japan during a given quarter compared to the previous one. Takes into account private consumption, government spending etc. F:0.4%, P:0.6%. #USDJPY may return to 107.

Read More

Valutrades Market Blast Fundamentals 5 August 2019

Welcome to this week’s Market Blast Fundamentals where we will look at the Hong Kong 50 Index, NZDUSD, AUDUSD, the Japanese Yen (JPY) and Gold (XAUUSD).

Read More