Daily Market Analysis

Yesterday, there was a huge announcement on that matter from one of the US largest retailers - Walmart.

NZD/USD has broken the marked downtrend that has been lasting for a month. Recently, it reached levels unseen since December 2019. What are the reasons?

Tesla hit a new record on Thursday. Does it still have the potential to the upside? Let’s look at what analysts say.

GBP/USD comes to challenge the 2-year resistance. Will it cross it?

GBP/USD is now testing the key resistance at 1.32605.

Initial US jobless claims totaled just over 1 million for the week ending Aug. 22 down from 1.104 million in the previous week.

The Forex history counts six silver bull market periods, and the seventh one is possibly right now. Jump in to know!

The risk-on mood in the US equity market continues, however there was a mixed picture in Asian equity markets this morning. All eyes on Powell's speech.

The USD/JPY pair is about to exit the Kumo. If that happens, a new bullish sentiment is in force.

USD/CAD reached levels unseen since the beginning of the year. ING considers the pair may fall further, but Bank of America warned that it may hit its bottom and reverse in the long run.

NZD/JPY pair is trading Tenkan Sen and Kijun Sen level. An upward wave would lead the pair into higher ground, confirming the bullish scenario.

Alibaba’s affiliate Ant company may become the largest IPO not only now, but also in the entire history. Let’s discuss what it may mean for traders.