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Market Analysis

Market Spotlight: Amazon Shares at Make or Break Level

Amazon Shares at Key JunctureFollowing some initial downside action in response to Q4 earnings, Amazon shares have since been back in demand. Amazon reported a strong beat on earnings per share, which...

Market Spotlight: NZDCAD Reversal Opportunities

Looking To BreakoutThe New Zealand Dollar has been one of the best performers this week as a hawkish shift in RBNZ expectations is helping support NZD. Given the heavily bearish sentiment we’d seen up...

Market Spotlight: Will Dropbox Earnings Drive A Breakout?

Dropbox Earnings Up NextUS tech company Dropbox is due to report earnings later today. The company’s shares have been languishing over recent months, following the decline seen across...

Market Spotlight: US Retail Sales Blow Through Expectations

Retail Sales Surge Higher in January US retail sales yesterday confirmed the health of the US economy over January. On the back of a bumper set of US labour reports and stronger-than-expected CPI,...

Market Spotlight: Trading Today's US Retail Sales Release

US Retail Sales Up NextUS retail sales will be the key data focus over today’s US session. On the back of better-than-expected jobs and inflation data for January, a strong reading today should help...

Market Spotlight: CADJPY & Canadian CPI

Canadian CPI In FocusThe release of Canadian CPI due later today puts the focus on the Canadian Dollar. With oil prices remaining at highs over January and with supply-side issues yet to be resolved,...

Market Spotlight: Ethereum Looking To Breakout

Risk assets are climbing today on tentative optimism over Russia/Ukraine tensions. Reports that Ukraine is seeking emergency talks with Russia, alongside claims that Russia is still open to a...

Market Spotlight: Under Armour Warns Of Reduced Margins

Q4 Earnings Fail To Lift PricesShares in US sportswear giant Under Armour fell sharply on Friday despite a set of better-than-expected Q4 earnings. UAA saw earnings per share of $0.23, far above the...

Market Spotlight: Bitcoin Inverse H&S On Watch

Bitcoin Sentiment Shifting?The rally off the January lows in Bitcoin has seen the market advancing from around the 3280s to a recent test of the 45405 level. While the level is currently holding as...