Market Commentaries

Election polling firms are often subjected to criticism, based on accusations that their data is weaponised, to create lazy, click bait, journalism. Many firms’ methodology is described as unreliable and doesn’t stand up to robust scrutiny. There is mounting evidence of polls being consistently out of step with sentiment and Australia’s general election over the […]

The phrase “risk on risk off” is a phrase often used by FX analysts and traders. Also referred to as “RORO”, the concept relates to the prevalent mood and market sentiment. If the overall market sentiment is bullish, it’s described as “risk” on; investors and traders are prepared to take risk and begin placing risk

A combination of: the risk on tone experienced over recent trading sessions, an easing of tariff rhetoric, bullish economic indicators and the Fed’s comments, ensured the USD has remained near two week highs versus the basket of currencies, which make up the DXY, dollar index. The primary reason the dollar rose on Thursday and maintained

Trading educators and analysts often use the phase “trading noise”. It refers to trading in ranging markets, as price is moving sideways, whilst you’re also trying to squeeze profit out of the market, often during times when there’s a general lack of volatility. However, based on the widely held view that FX markets range more

The Aussie dollar slipped versus its peers as the headline unemployment rate for Australia came in at 5.2% for April, a rise from 5% for March. Employment fell by -6.3k in the month, versus a 49.2k additional jobs created in March. Analysts and FX traders quickly moved to downgrade the value of AUD, whilst questioning

Traders are (by nature) curious human beings. Therefore, it’s inevitable that at some stage during their early trading experiences, traders will experiment with just about every conceivable technical indicator and combinations of various indicators. Novice traders are generally (and arguably naively) in search of what many refer to as a “Holy Grail trading system”, loosely

Your FX trading will move through natural stages, as you experience a form of trading evolution, during your early months and years. Upon first discovering the retail trading industry, you’ll trade manually, whilst you familiarise yourself with the complexity of all that’s involved. Eventually and perhaps inevitably, your thoughts will turn to the potential benefits

Despite the USA applying 25% tariffs on $200b of Chinese imports from Friday May 14th, with China responding by attaching tariffs of up to 25% on $65b of USA goods, analysts and political commentators are hopeful that at June’s G20 meeting, Trump and Chinese leader Xi could reach a consensus and compromise. Analysts remain confident

Identifying what are market trends is a highly subjective issue and discussion point, amongst the trading community. Although the definition of what a trend actually is will vary, depending on who you correspond with, most experienced traders will testify that trends should be measured over weeks and perhaps months, not individual trading sessions, or days.