News & Analysis

Stay on top of the news that directly impacts the Forex, Index and Commodity markets.

News & Analysis

Stay on top of the news that directly impacts the Forex, Index and Commodity markets.

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 informat...

September 28, 2022
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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 ...

September 27, 2022
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US stocks extend sell-off, yields spike, GBP flash crashes

Wall St extended its sell-off in Mondays session, continuing on from Friday (albeit not as pronounced) against a backdrop of spiking bond yields, growth concerns and turmoil in the FX market. The S&P 500 closed at it’s lowest since late 2020...

September 27, 2022
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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. Ste...

September 27, 2022
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GO Markets wins in the Global Forex Awards – Retail

GO Markets has won three awards in this year’s Global Forex Awards;  Best Forex Fintech Broker - Global Best Forex Trading Support - Asia  Most Trusted Broker - Europe The Global Forex Awards recognise forex and related businesses fro...

September 27, 2022
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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 o...

September 27, 2022
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ASX200 resting on a knifes edge

Inflation and recessionary pressures have caused the aggressive sell offs of some of the largest global indices, however so far, the ASX200 or XJO has fared relatively well. However, there are worrying signs that a resilient XJO may be coming to an e...

September 26, 2022
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Market await FOMC Interest rate decision

    In what has been a heavily anticipated market event at 4:00am EST Australia, the US federal Reserve is set to release its changed Federal Funds rate for the quarter. The rate changes are an important aspect of keeping inflation un...

September 21, 2022
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Technical Analysis – Oil taps a major trend line

The price of oil has been in a strong upward trend since May 2020, when it reached its bottom during the early stages of covid 19 pandemic, and the price of oil reached close to $0. The price of oil has respected the trend over the long term and has ...

September 21, 2022
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Coal Price Effect on Newcastle Coal Futures NCF1

As a trader the penny should now have dropped regarding the importance of energy stocks. Geopolitical issues around the world, especially surrounding Ukraine and Russia, has pushed energy stock prices to all time heights. This is due to supply ch...

September 21, 2022
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USDJPY showing signs of another breakout

The USDJPY has been one of the strongest performing currency pairs since the beginning of the year. With geopolitical volatility and record high inflation rates impacting the global economy, the strength of the USD has just continued to be on show. O...

September 20, 2022
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AutoZone latest results have arrived

AutoZone Inc. (AZO) reported its fourth quarter financial results for the period ending August 27, 2022 on Monday. The largest US retailer of aftermarket automotive parts reported revenue of $5.348 billion (up by 8.9% from the same period last yea...

September 20, 2022
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Nasdaq breaks its trend as it heads lower

August proved to be a bearish month for the Nasdaq (NDX 100) and is showing no signs of slowing down. With a strong break below the daily trend line (as seen below), the Nasdaq has re-tested the trend and is now in its continuation phase. The ...

September 19, 2022
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Unemployment figures in Australia at record lows for August

Unemployment and Wages are an important metric to a country’s economy, simply put, if there are more members of the population at work and wages are at a good level, it may indicate that people have more purchasing power. This can help economic...

September 19, 2022
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Gold Testing Major Support Level

For the last 2 years, Gold has been bouncing in a range between $1700 and $2070 and is currently testing the major support level around $1700 as seen below. The price has used the yellow highlighted as an area for support zone and a rejection ...

September 16, 2022
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