Gold’s counter rally coming to an end?

Market News & Analysis Gold daily, are we seeing the current counter rally starting to run out of puff? Overnight price fell $5.56 as the USD made a comeback. The USD rallied as the US 10 – Year was yielding at 2.25%, its lowest level since September 2017....

Risk holding to the Yen for now.

Market News & Analysis Looking at the three main risk / JPY pairs we can see increasing signs of short term low’s developing to the JPY.  The JPY has seen solid demand off the back of the current trade worries between the U.S. and China. Normally in times of...

Could the RBA send the AUDUSD back to GFC levels?

Market News & Analysis The AUDUSD continues its migration south, due to multiple reasons at the current time. Trade War, USD strength and the RBA are all putting pressure on the AUD. Today’s RBA minutes gave traders no reason to doubt possible future rate...

EURJPY holding for a new leg lower?

Market News & Analysis Looking at the EURJPY daily we can see buyers have started to stall the decline from a previous low. The point of the low which has also now formed the base of a descending triangle pattern which are normally seen as continuation patterns in...