Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

Cable takes another peek above 1.3700
Cable takes another peek above 1.3700

World shares gained on Wednesday on bets of hefty US spending after US Treasury Secretary nominee Janet Yellen urged lawmakers to "act big" to save the economy and worry about the debt later.

Should you buy Apple in 2021?
Should you buy Apple in 2021?

Revenue from IPhone sales dropped in 2020, but Apple focuses now more on its services, which will bring the company more benefits in 2021.

Biden’s presidency will boost Tesla
Biden’s presidency will boost Tesla

Good news for Tesla! The tech giant is going to benefit from Biden’s presidency as the new president stated the objective to make the USA the leader in electric vehicle production.

Risk-on momentum remains strong
Risk-on momentum remains strong

Asian equity markets were mostly positive as the region partially sustained the momentum from the tech-led gains on Wall Street.

AUD/USD: up and then down
AUD/USD: up and then down

AUD/USD has formed a ‘harami’ on the D1 and a higher low on the H4. The pair will likely go up to test the resistance line that connects January highs.

EUR/USD bulls target again 1.24 area
EUR/USD bulls target again 1.24 area

U.S. stocks are set to reopen higher after the Martin Luther King Day holiday on Monday, with Yellen’s remarks a welcome reminder of the momentum behind economic stimulus measures.

All attention to Biden's inauguration
All attention to Biden's inauguration

Joe Biden will take the post of president of the USA on the morning of 20 January 2021. Trump is going to skip the inauguration. What will be the market reaction? Let’s find out!

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