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Market Analysis

Market Spotlight: EURUSD Setup For Today's US CPI
Market Spotlight: EURUSD Setup For Today's US CPI

US CPI On Watch US CPI will be the key data focus today and, on the back of last week’s bumper NFP result, USD bulls are looking for another quick win here to help drive USD higher. If we remembers...

Market Spotlight: NZDJPY Breakout Opportunities
Market Spotlight: NZDJPY Breakout Opportunities

NZDJPY On Watch NZDJPY is worth keeping an eye on here. The reversal off the move sub 75.92 is starting to gather momentum and price is fast approaching the bear trend line from 2021 highs and the...

Market Spotlight: Uber Double Bottom With Bullish Divergence
Market Spotlight: Uber Double Bottom With Bullish Divergence

Uber Up NextAs US earnings season rolls on, Uber is up next to report today. The company has seen its share prices trending steadily lower since the highs printed early last year. The group saw strong...

Market Spotlight: Pfizer Channel Break On Watch
Market Spotlight: Pfizer Channel Break On Watch

Pfizer Reports TodayUS pharmaceuticals giant Pfizer is in the spotlight today. The company reports 2021 Q4 earnings and traders will be keen to take advantage of any volatility around the release....

Market Spotlight: Looking For GBPJPY To Breakout
Market Spotlight: Looking For GBPJPY To Breakout

Let's Try That AgainGBPJPY is back in my sights again this week. I was last looking at it during the block of consolidation which formed ahead of 157.88, looking for a breakout. However, price...

Market Spotlight: Downside Risks Into Alibaba Earnings Release
Market Spotlight: Downside Risks Into Alibaba Earnings Release

Alibaba Earnings In FocusChinese tech behemoth Alibaba is due to report earnings today for the 4th quarter and there is a great deal of focus on how the company’s share price will respond. Alibaba has...

Market Spotlight: EURAUD Hits Target
Market Spotlight: EURAUD Hits Target

EURAUD Breakout UnderwayThe recent breakout trade in EURAUD issued last week has now hit its target at 1.6163 following a sharp move higher across recent days. EUR has seen a stark shift in sentiment...

Market Spotlight: Trading Today's US Labour Reports
Market Spotlight: Trading Today's US Labour Reports

USD On The DeclineThe January US labour reports are due later today and hold the potential to cause big market volatility. The Dollar has come under heavy pressure this week amidst the narrative that...

Market Spotlight: Trading Today's ECB Meeting
Market Spotlight: Trading Today's ECB Meeting

ECB Inflation Outlook On WatchThe February ECB meeting today will play second fiddle to the BOE meeting. However, there is still potential for market action in response to the meeting as traders await...