Mitrade is a financial broker based in Melbourne, Australia. The trading platform offers close to 100 markets including forex, commodities, indices and cryptocurrencies. For further information, please visit www.mitrade.com.
US Election – When Will We Get a Winner?
USD on a Downtrend – Is It Risk-On Again?
US Election Fever – Where Will the Dollar Go?
How the US election final results will fall is still a mystery, and FX trading is reflecting this risk.
AUD’s Uptrend – Will the RBA be in the Way?
The release of the Reserve Bank of Australia’s (RBA) September minutes was a clear declaration that it’s ‘out of ammo’ when it comes to monetary policy.
8-Week Mark, a New Trade Challenge Begins
Even in the COVID world, historical patterns still emerge, and one of the biggest patterns of the past is the ‘8-week mark’ leading up to a US Presidential election. FX, equities and to some extent commodities have been trading on the re-opening global economy (as they should) and have exploded.
Waiting for Jay
Aussie Doing It Again
Flags Become Too Much, as the Economics Catch Bugs
Trading Currencies: Red Flags and Falling Knifes
Trading Currencies: New Outbreaks
Trading Currencies: USD and XAU
Gold (XAU/USD) continues to shift to new yearly highs, at above US$1,800oz there is little sign of it breaking back below the US$1,652oz support level that would have seen a bearish signal, and every chance it will test the resistance band at US$1,830oz.