Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

Aussie Dollar breaks through two year price lows

The Aussie dollar has been dropping on the back of global volatility and a lower-than-expected interest rate hike. The AUD has dropped to its two-year lows, and it doesn’t look there is an end in sight. With the AUD already being a risk on currency the fears and pressures from a potential recession are weighing heavily and accelerating the drop. ...

October 11, 2022
Read More >
Is Ethereum Deflationary? And is it a good thing?

What is a deflationary Cryptocurrency? A Deflationary Cryptocurrency is one that burns, (mints) its supply. This process lessens the number of coins or tokens on the market over a specific period (generally a year), which reduces supply and increases the price. In general terms, ensuring that there isn’t an oversupply of a currency can ...

October 11, 2022
Read More >
How to practically implement Long-Short strategies into your trading

Long and Short trading and investing strategies are often seen as advanced strategies only used for large hedge funds and large banks. However, retail traders can learn valuable lessons and ideas from this type of trading strategy that is usually reserved for institutional players.   What is a long-short strategy? A long-short strateg...

October 10, 2022
Read More >
Gold Price rises to monthly high, but will it last?

Gold has finally seen some respite in its price after it fell to 12-month lows. With slowing growth forecasts being a key reason as to the drop in price. Recessionary fears can sometimes be good for the price as volatility draws money to gold as it is seen as a haven. However, with the USD being so strong and investors pulling their money away from...

October 7, 2022
Read More >
GO Markets Announced as Kooyong Classic 2023 Partner

FRITZ, CILIC JOIN ALCARAZ AND DE MINAUR AT CARE A2+ KOOYONG CLASSIC GO MARKETS ANNOUNCED AS NEW PARTNER Top-ranked American Taylor Fritz and former US Open Champion Marin Cilic are the latest headline acts for the Care A2+ Kooyong Classic in 2023, with Australian-owned online brokerage, GO Markets also announced as a new tournament partner. Fr...

October 7, 2022
Read More >
Technical Analysis – Retracement for US Dollar

Starting from the weekly timeframe, US Dollar Index has been consistently trending upwards for the last 16 months. Using the 9 exponential moving average (EMA) on the weekly time frame, we can see the US Dollar retracing back to the EMA, bouncing off of it, then continuing with the trend, as seen below: Looking at the structure of the uptren...

October 7, 2022
Read More >
EURAUD testing mean of long-term range

The EURAUD buoyed by a weaker Australian Dollar lighter lighter monetary policy from the Reserve Bank of Australia, (RBA) has seen the currency pair move with some momentum in recent days and weeks. The RBA came out in its most recent meeting and raised rates by an unexpectedly low 25 bps vs 50 bps. This helped equities and housing stability but pu...

October 6, 2022
Read More >
China Yuan’s Falls to Record lows

I have recently written a piece on the weakening of the Great British Pound (GBP) just the other day, as it looks like the dollar seems to be king at present and getting stronger against all other top currencies around the world. Today is the Chinese Yuan in focus, yesterday was the Sterling pound, who’s your money on tomorrow? We will have t...

October 4, 2022
Read More >
Tesla sets a new record

Tesla Inc. (NASDAQ: TSLA) reported its Q3 2022 delivery numbers on Sunday. World’s largest automaker delivered a total of 343,830 cars (up by 42.49% year-over-year) in the third quarter – setting a new quarterly record. The deliveries in Q3 consisted of: 18,672 Model S/X 325,158 Model 3/Y The automaker produced 365,923 vehicles...

October 4, 2022
Read More >
Optimising trading strategies by using multiple timeframe analysis

Many trading strategies utilise technical analysis to predict price patterns and for entries and exits. These strategies revolve often begin with the idea of the price having identifiable support, resistance and trendline market structures which indicate where various buying and selling points can be placed for a trade. These support and resistance...

October 3, 2022
Read More >
Natural Gas getting ready to test important level

Natural Gas prices have had a volatile year to say the least. After finding multi decade highs on the back of geo-political volatility and record high inflation levels the price has seen an aggressive retracement. With the overall commodities market suffering a big drop as recessionary pressures have taken over and a resilient USD, Natural gas has ...

September 30, 2022
Read More >
What are Bonds and how do you trade them?

Maturity, Yields, Par Values and Coupon payments. These are words that everyone has heard of but not many have a good understanding of what they mean. In this article all these complicated terms will be explained. Please note that while this information is most relevant for physical bonds, it is still important to understand when dealing with CFD�...

September 28, 2022
Read More >
When will the AUD find support?

The AUD has fallen to lows not since the beginning of the Covid 19 pandemic and does not look like stopping anytime soon. With global commodity prices coming down and fears of a recession causing panic sell offs the AUD has been victim to a two-fold attack. The general recession fears push growth assets including the Australian dollar downward as i...

September 27, 2022
Read More >
Why has the GBP Collapsed to record lows?

It hasn’t been a good Monday morning for some investors or English travelers who wish to sell the GBP to go abroad, as the Sterling Pound has collapsed to record lows to bring almost perfect parity with the U.S Dollar at 1 GBP equals $1.09. Sterling fell to the lowest level in 37 years, trading below the $1.09 following the rate increase. ...

September 27, 2022
Read More >
More downside for major cryptos?

Following the previous Bitcoin analysis (https://www.gomarkets.com/au/articles/economic-updates/bitcoin-usd-technical-analysis/), bitcoin continues to break below pattern after pattern, recently breaking out and re-testing a descending flag pattern on a 4h time frame as seen below: With the next major support sitting around $17,619, it won�...

September 27, 2022
Read More >