AUD/JPY: Is the (sideways) trend your friend?

July 24, 2018 12:47 PM
“The trend is your friend” is one of the first market witticisms most new traders learn, with good reason: After all, buying pullbacks or breakouts in established uptrends and downtrends is the essence of many of the world’s most successful trading strategies.

Could the FTSE hit new record highs?

October 14, 2016 6:29 AM
European stock markets have started Friday’s session brightly, extending their advance from the late afternoon rebound on Thursday. The rally has probably taken many people by surprise, although this shouldn’t be the case given that the markets in both the UK and US are still very close to their all-time highs. There is a reason why the markets are ...

NZD/USD: how much more kiwi appreciation can RBNZ tolerate?

June 21, 2016 1:00 PM
<p>With the focus being almost entirely on the issue of Brexit and the pound this week – perhaps rightly so – traders should not lose sight of many other tradable opportunities that will present themselves in the interim. For example, the NZD/USD. The Kiwi has been climbing stealthily in recent weeks, due in part to a modest recovery in commodity pr...