Latest Market News
Amazon Under Pressure Shares in US tech giant Amazon have been back under pressure recently following a failed attempt at reclaiming the broken 103.36 level. The broader downturn in tech stocks has weighed heavily on the stock which reported lower revenues than expected over Q3. Looking ahead, the usually high demand holiday season over Q4 […]
Daily Market Outlook, November 25, 2022 ‘Sterling Soars To A Three-Month High ’ With US markets closed yesterday for the Thanksgiving holidays, Asian markets were somewhat lacklustre overnight, lacking a lead from Wall Street. China's covid concerns continue to cause alarm, however, it seems markets are choosing to focus on the potential for further monetary […]
EURUSD, “Euro vs US Dollar” The currency pair has formed a consolidation range around 1.0410. With an escape upwards, a pathway for growth to 1.0445 will open. With an escape downwards, a link of correction to 1.0330 is not excluded, followed by growth to 1.0500. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair […]
EURUSD, “Euro vs US Dollar” The currency pair is pushing off the Tenkan-Sen line of the indicator, going inside the Cloud, which suggests a flat. A test of the upper border of the Cloud is expected at 1.0375, followed by growth to 1.0695. An additional signal confirming the growth will be a bounce off the […]
Weekly Live Market & Trade Analysis November 25, 2022 Watch yesterday's live market and trade analysis session here! Markets are approaching some pivotal levels, in equity indices and FX, in yesterday's session we identified some key correlations that make mark a near term shift in risk sentiment in the coming week. Markets are moving, join […]
Copper False Break After breaking out above the 3.7300 level for the first time since June earlier this month, Copper prices have since reversed back below the level and are now sitting back within the 3.4445 – 3.7300 range which has framed price action over much of the last six months. The big driver behind […]