Daily Market Analysis

EUR/USD managed to rise for a very short period of time right after the ECB decision to as high as 1.1798 before declining and giving away its entire gains.

What will happen? The European Central Bank will present the monetary policy statement on June 22…

What will happen? Intel, the US IT company, will present its earnings report for the second quarter on July 22 after the stock market closes (23:00 GMT+3)…

After a notable rally all the way to 1.28, USD/CAD dropped back to 1.2730 yesterday, confirming our outlook mentioned a few days ago about the need for a downside retracement before the upside trend resumes.

What will happen?  Twitter, the US IT company, will present its earnings report for the second quarter on July 22 after the stock market closes (23:00 GMT+3)…

US Equities bounced back again in the past two days, while the S&P500 recovered all of its declines after holding well above its 50-day MA for the fifth time this year.

Gold declined back for the past few days after reaching ~$1830/Oz last week, while our medium-term positions remain in profit since our signal to buy at $1770 and $1780 two weeks ago.

EV’s market is going to explode in the 2020s By the end of 2020, there were 10 million electric cars registered in the world…

What is happening? The British pound lost his positions comparing to the US dollar, Euro, and other haven assets at the beginning of this week, because of the global markets sale…

Coca-Cola, the US beverage giant, will reveal its earnings results for the second quarter on July 21 before the stock market opens (16:30 GMT+3).

Global equities took a notable hit on Monday due to the new fears regarding the Covid19 delta variant, which is spreading around the world once again.

Crude Oil began this week sharply lower after last week’s dramatic move due to OPEC+ drama which ended right before the opening bell of this week.