Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

Moderna set to join SNP500!
Moderna set to join SNP500!

Why should we pay attention? Boston-area Moderna was an unknown biotech company before it succeeded with the COVID-19 vaccine…

China: the Worst Has Passed?
China: the Worst Has Passed?

China released GDP: good or bad? 15 July, China released the data about the national gross domestic product…

Trade ideas for July 19-23
Trade ideas for July 19-23

We will remember the past week for the surge in the US inflation and the soothing comments of the Federal Reserve’s Chair Jerome Powell…

USD/TRY: CBRK Keeps the Cash Rate
USD/TRY: CBRK Keeps the Cash Rate

What happened? On Wednesday, 14th of July, the Central Bank of the Republic of Turkey decided to keep the cash rate at the same level as the previous month, which is 19%…

IBM Earnings Report on July 20
IBM Earnings Report on July 20

What will happen? International Business Machines, a huge IT company, which provides integrated solutions and services worldwide, will announce its earnings results for the first quarter on July 20 at 00…

USD/CAD Short Trade
USD/CAD Short Trade

USDCAD began the week slightly higher reaching as high as 1.2510 but failed to sustain these gains.

Earnings Season Starts!
Earnings Season Starts!

The much-awaited earnings season is about to start! Goldman Sachs, JPMorgan Chase, and PepsiCo are the first to reveal financial results!

Let's Risk Some EUR/USD Here
Let's Risk Some EUR/USD Here

EUR/USD declined for the third session in a row, reaching as low as 1.1780 but managed to close yesterday’s trading above 1.18 support area.

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