Fixed Odds Trading » Double Touch Bet

Fixed Odds Trading Tip – AUD/USD One Touch Bet

admin — Thu, 11 Feb 2010 08:52:23 +0000

AUD/USD - Daily Candle Chart One Touch 11th February 2010

For fixed odds trading this morning the currency to watch is the Aussie Dollar, which is already up by 1.5% in early trading, with the Aussie vs Yen also up by a similar percentage at 1.30%. This dramatic move has also helped to drag the New Zealand dollar to the upside, with the NZD/USD currency trading up by 0.75%. The reason for the move higher was the release overnight of the Australian employment data, which came in well ahead of forecast at 52.7, and exceeding analysts forecasts of 15.1 by some margin. This news coupled with the recent move by the Australian Government to remove its guarantee of banking deposits. has been seen by the markets as a signal that the worst of the recession is now over, and the these two news items have combined to produce the surge higher seen in the currency markets today. Whilst the AUD/USD remain well below the highs of 2009, this is nevertheless and encouraging signal for AUD/USD bulls, and my fixed odds trading tip for today is to bet that this pair will achieve a price of 0.94 in the next 55 days. If correct this bet will return 250%.

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Fixed Odds Trading – Economic Calendar 8th February 2010

admin — Mon, 08 Feb 2010 08:18:59 +0000

It’s a quiet start to the week for fixed odds trading, with little major fundamental news due for release today, but the focus of attention in Europe will no doubt continue to be over the sovereign debt problems in both Greece and Portugal which continue to dominate the European markets and weigh heavily on the euro as a result. As always on quiet news days we could see some unexpected moves in the forex markets, with rumour and speculation driving prices, always very unpredictable!

Today sees two items of news planned for release later, the first of which is Swiss retail sales due out shortly, which is then followed by the Housing Starts data in Canada, which unlike Europe, has been improving steadily following the long deep recession of the last two years, no doubt helped to some extent by the Winter Olympics which are due to start in Vancouver on the 12th February.

For fixed odds trading today, the forex pair to watch is the dollar Swiss and should the numbers better than expected then this could be good news for the Swiss currency, and an opportunity to enter the market with a no touch bet this morning over the next few hours. This afternoon look for fixed odds trading opportunities in the usd to cad pair, where the forecast is for an improvement once again from 175,000 last time to 180, 000 this time, and if the number is better than expected then again this will be good news for the Canadian dollar.

Fixed Odds Bets – No Touch On Euro vs Yen Daily Chart 16th July 2009

admin — Thu, 16 Jul 2009 09:00:44 +0000

Euro vs Yen - Daily Candle Chart 16th July 2009

It’s a quiet start to the day for the FTSE, CAC and DAX, with investors taking a breather after a tremendous start to the trading week. In just three days, recent fears have been swatted away as investors see reasons to be cheerful in the economy and corporate profits. The recent rally has been sparked by Goldman Sachs and Intel with other companies such as Exxon Mobil and American Express pitching in. There were no major US companies announcing earth shattering earnings after the close last night so sentiment has drifted overnight. Before US markets open, we have earnings from JP Morgan and after the close we have earnings numbers from Google & IBM. If the Californian search giant is able to beat profit estimates, we could have a week to remember with the rally this would spark. It’s a quieter day on the economic news front today with the principle piece of news being US unemployment claims at 12.30 GMT and TIC Long Term Purchases at 13.00.

My Fixed Odds Bet Today

The dollar and yen have been under pressure as investors look to take on more risk. During the wobble in recent weeks, the yen was seen as a safe haven, but with the mega rally we’ve seen this week, traders have been dumping safety in favour of the dollar and other currencies such as the euro. This morning we’re seeing a reversal of that trend with the yen strong across the board, especially against the euro and Aussie dollar. This makes today’s pair in play the EUR/ JPY (euro vs Japanese Yen). If the recent rally falters, we could see further strength in the yen. The best way to play this might be a No Touch trade predicting that the EUR/JPY won’t rise again and touch something like 133.00 over the next 5 days. This currently could yield around 100%.

Good luck with this fixed odds suggestion and remember, you can find all the latest currency trading news, live news, latest prices on the currency charts, latest movements on the index charts or commodity prices, by following the appropriate links. Remember also that if you are looking for a good fx broker or fixed odds broker, then again just click the relevant link and this will take you to a new page on the fixed odds site, and good luck with this one.

Fixed Odds Markets – One Touch Trade Pounds To Dollars 13th July 2009

admin — Mon, 13 Jul 2009 10:03:24 +0000

Pounds To Dollars Daily Chart - GBP vs USD 13th July 2009

Unfortunately the new week offers no respite as the FTSE, DAX and CAC are all down by at least a third of a percent in the first hour of trading. Weekend economic sentiment drifted downwards as rumours of a second massive US stimulus package continue to grow. Today’s top economic announcement is the Bank of Canada business outlook survey at 14.30 GMT. In addition to this we have ECB president Trichet speaking at 10.30 GMT and the US Federal budget balance at 18.00. Perhaps more important than any standard economic announcement, is the start of US earnings season this week. Every quarter, US giants such as Microsoft and Apple release their latest numbers resulting in huge volatility in US stock markets as traders adjust their expectations. There is a fear that company profits will be even worse than previously expected which is one of the reasons behind recent falls.

My Fixed Odds Suggested Trade

The pound is under pressure this morning against the euro (-0.85%), the dollar (-0.88%) and the yen (-1.15%). The Aussie dollar is also out of favour, falling by similar amounts against the major currencies. Weakening commodity prices is a common factor with oil once again starting the trading session below $60. The pound is continuing to tumble this morning, making it my suggested fixed odds trade for today.

The GBP/USD (pound/US dollar) found support at 1.6000 on Wednesday, with the pair rebounding swiftly off this level. Now we’re heading for a retest and this time the 1.6000 level might not hold. A one touch trade might be a good way to play this, predicting that the GBP/USD will touch 1.5950 in the next 24 hours could return 120%. The level has to be touched just once for you to win.

One Touch Trade UK Pound vs Yen – Daily Chart 9th July 2009

admin — Fri, 10 Jul 2009 07:37:47 +0000

Pound vs Yen - Daily Candle Chart GBP/JPY 9th July 2009

There is a divergence in the fortunes of the FTSE, CAC and DAX in early trading this morning. The FTSE 100 is up a third, while the CAC and DAX are up 0.5% and 1% respectively. The commodity heavy FTSE is suffering as oil prices remain under pressure. This morning we have the ECB monthly bulletin at 08.00 GMT followed by UK trade balance at 08.30 GMT. Today’s top announcement is the Bank of England rate statement due at 11.00 GMT. Rates are highly likely to remain unchanged, but traders will be looking for some significant comments on quantitative easing from governor King that could spark some volatile action. Canadian housing starts follow 12.15 and US unemployment claims at 12.30 could also cause so big movements in North American markets.

Fixed Odds – Suggested Fixed Odds Bet Today

There was a huge increase in yen pairs yesterday and a corrective move is in place this morning. The yen increased by 3% against the dollar in just a few days, causing Japanese officials to blame speculators. The dollar is also under pressure as confidence returns to financial markets and the dollar’s safe haven status seems less attractive. Predictably the yen pairs are in play this morning with the EUR/JPY (Euro vs Japenese Yen) and GBP/JPY (Pound vs Yen) moving nearly 1% this morning alone. With a rate announcement due from the bank of England today, today’s pair in play is GBP/JPY. The GBP/JPY hit 146.75 and is now trading around 150, but for now the longer term trend is still intact and the 146.75 level could be revisited in the next couple of days. A good way to play this might be a one touch trade which returns a profit if the level is hit just once. At current levels a one touch trade predicting that the GBP/JPY will hit 146.75 in the next 4 days could return 183%.

Fixed Odds Markets – Trading News 8th July 2009

admin — Thu, 09 Jul 2009 07:23:46 +0000

USD vs CAD - Daily Candle Chart US Dollar Canadian Dollar

The FTSE, DAX and CAC are down by around a quarter of a percent at the open. Asian markets were weak overnight, with losses ultimately following the evening sell off in US markets. Wall Street slumped to a six week low as traders dismiss talk of green shoots. UK PM Gordon Brown has warned of a second wave in the recession and there are rumours of second massive stimulus package being required to kick start the US economy. Oil is a good barometer of economic sentiment and judging by the 5th consecutive session of declines in crude prices, the omens aren’t good. Today we have the UK Halifax House Price index at 08.00 GMT followed by Eurozone GDP at 09.00.

My Fixed Odds Trade

Currency markets are quiet so far today as traders adjust to the renewed strength in the dollar seen over the last few days. The yen pairs have seen the most action so far today with AUD/JPY the biggest mover after better than expected Australian home loans data. The biggest movement seen on a non yen pair is the USD/CAD (US Dollar/Canadian dollar) which is often influenced by the price of oil. So far the pair has moved less than the equivalent move in the price of crude and If oil keeps up the pace of declines, this relative inaction might not last. This makes the USD/CAD today’s pair in play. A break out trade can be a good way to trade a range bound market as the range cannot last forever. One way to play this would be a break out trade on the USD/CAD over 3 days with the lower level set as 1.1500 and the higher level set as 1.1850.

Fixed Odds Trade – Daily Chart AUD/USD Barrier Range Bet

admin — Mon, 06 Jul 2009 08:36:35 +0000

Aussie Dollar Daily Chart - AUD/USD 6th July 2009

The effects of last weeks US employment numbers seem to linger, as all the equity markets are indicating a weak start to the week, and with no economic news out of the UK this morning, the FTSE 100 index is likely to open in the red this morning, as risk aversion returns to the markets. Crude oil fell to the lowest in five weeks on a stronger dollar and speculation that the ongoing recession in the worlds largest economy will curb the demand for oil. An attack on Nigerian oil fields has helped to provide some support for oil prices, however that might not hold for long should the bigger traders decide to sell their inventories during the trading session, and it seems likely that oil prices may test the 63 dollars per barrel level this week. Longer term the outlook remains bullish but in the short to medium term we may see a reversal followed by sideways consolidation following the recent bull rally.

Fixed Odds Trade Of The Day

My trading suggestion for today in the fixed odds market, is on the aussie dollar currency pair, and with the AUD/USD currently stuck in a 4 cent range between 0.7800 and 0.8200 for the last month, a 7 day barrier range bet on the AUD/USD with triggers at 0.7725 and 0.8250 which pays 38% ROI seems like a good value bet. Good luck with this fixed odds suggestion and remember, you can find all the latest currency trading news, live news, latest prices on the currency charts, latest movements on the index charts or commodity prices, by following the appropriate links. Remember also that if you are looking for a good fx broker or fixed odds broker, then again just click the relevant link and this will take you to a new page on the fixed odds site, and good luck with this one.

Fixed Odds Bet – Euro vs Dollar

admin — Fri, 03 Jul 2009 07:47:28 +0000

Euro vs Dollar - Euro To Dollar Daily Chart 3rd July 2009

The FTSE 100 index is currently indicating a flat open, as traders are wait for the release of the UK Purchasing Managers service index, due out shortly. With the US off for a long weekend for the 4th of July celebrations, this might be a very quiet trading session across all the markets, but in equities in the UK the FTSE 100 will need less then 30 points to finish the week in the positive territory.

Crude oil is heading for a third week of declines after a U.S. report showed unemployment in the worlds largest energy consuming nation last month rose to the highest in almost 26 years, with the release yesterday afternoon of the monthly NFP data. The numbers were far worse than forecast coming in at -467,000 against a forecast of -360,00, suggesting that the anticipated recovery is some way off. Meanwhile in Europe the ECB kept rates on hold once again, and as expected. Adding to yesterdays sell off were traders who had been buying heavily in oil futures, on speculation that the US employment data would improve. As a result there was a flight to the safe haven currencies of the US dollar and the Japanese Yen once again.

Fixed Odds Trade Of The Day

The euro vs dollar failed to breach the 1.4200 level in the last few weeks, but another run at the number is probably on the cards in the short term despite yesterday’s fall. A one touch bet on the Euro/USD with a 6 day term and a 1.4200 trigger pays 133% ROI if correct. Good luck with this fixed odds suggestion and remember, you can find all the latest currency trading news, live news, latest prices on the currency charts, latest movements on the index charts or commodity prices, by following the appropriate links. Remember also that if you are looking for a good fx broker or fixed odds broker, then again just click the relevant link and this will take you to a new page on the fixed odds site, and good luck with this one.

Fixed Odds Trading Tip – Pound vs Dollar One Touch

admin — Thu, 02 Jul 2009 08:00:14 +0000

Pounds To Dollars Daily Candle Chart - 2nd July 2009

The FTSE 100 is currently indicating a weak open, as traders are worried that yesterdays bad US ADP numbers will be matched by worse then expected US employment date today. Analysts pay close attention to the job numbers to figure out the health of the economy, and traders are betting that the numbers will disappoint, and fall below the forecast as with the ADP numbers yesterday. In addition we have the ECB interest rate decision and statement today, which is released at the same time as the NFP data in the US, so a double whammy this afternoon, which may seal the fate for the US dollar for the next few weeks as the FED and ECB battle it out in the currency markets, as to who wants the stronger or weaker currency and why.

Crude oil is currently trading around the 69 dollars per barrel mark after falling in the past two days, as demand for refined products in the U.S. remained weak and any hints of a recovery were thrown out the window after really weak employment data from US.

Fixed Odds Trade Of The Day

My suggested fixed odds bet today is on the pounds to dollars pair, or cable. With the USD weak against all the major currencies, a 5 day one touch on the GBP/USD at 1.6600 pays 49% ROI. Good luck with this fixed odds suggestion and remember, you can find all the latest currency trading news, live news, latest prices on the currency charts, latest movements on the index charts or commodity prices, by following the appropriate links. Remember also that if you are looking for a good fx broker or fixed odds broker, then again just click the relevant link and this will take you to a new page on the fixed odds site, and good luck with this one.

Fixed Odds Trading Tip – Pound vs Yen One Touch Bet

admin — Wed, 01 Jul 2009 07:47:08 +0000

: Pound vs Yen – Daily Candle Chart For Currency Rates 1st June 2009

The FTSE 100 is currently indicating a flat open, as traders are waiting for the release of the UK Purchasing index for Manufacturing. Analysts are expecting an improvement over last months reading of 45.4, which could signal that there is optimism for a recovery in the manufacturing sector,despite yesterdays truly appalling GDP data in the UK.

The price of oil tumbled from an eight month high as U.S. consumer confidence declined in June, indicating lower fuel demand. The UK economy shrank by the greatest amount since 1958, after the final GDP reading showed worsening conditions. Oil prices are likely to continue to trade around the 70 dollar level, as traders are worried that the economy has not yet hit rock bottom.

Fixed Odds Trade Of The Day

The GBP/JPY failed to clear the 160.00 price level last time, however yesterday’s inside candle suggests another run at the resistance area. My suggestion for today’s fixed odds trade is therefore a 2 day one touch on the GBP vs JPY currency pair with a trigger at 160.00. If correct this pays 41% ROI. Good luck with this fixed odds suggestion and remember, you can find all the latest currency trading news, live news, latest prices on the currency charts, latest movements on the index charts or commodity prices, by following the appropriate links. Remember also that if you are looking for a good fx broker or fixed odds broker, then again just click the relevant link and this will take you to a new page on the fixed odds site, and good luck with this one.