Daily Market Analysis

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.

USD/CHF presents a very worthy tactical disposition for bulls. Will it break the resistance?

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

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.

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

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.

Flat resistance and higher lows is what we have on the strategic map for gold. So, are we going to see it rise back up?

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.

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!

This Thursday, at 22:00 MT time, IBM reports Q4’2020 performance. What is there to expect? Read and trade it!

Asian equity markets mostly rallied with risk appetite spurred as trade picked up from Monday’s holiday.

Look at the H1 chart for USD/JPY - is it not a perfect example of a reversal in the resistance zone?