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Market Analysis

Market Spotlight: US CPI Hits 40 Year Highs

USD Ending the Week HigherThe US Dollar is trading on a better footing into the end of this week following a further lift from the US January CPI reading yesterday. Headline inflation was seen rising...

Market Spotlight: Profit Taking Ahead of Coca Cola Earnings Release

Coca Cola Earnings In FocusUS beverage icon Coca Cola is due to report Q4 2021 earnings today and the release is drawing plenty of attention. KO shares have been in a firm upward trend since the...

Market Spotlight: EURUSD Setup For Today's US CPI

US CPI On Watch US CPI will be the key data focus today and, on the back of last week’s bumper NFP result, USD bulls are looking for another quick win here to help drive USD higher. If we remembers...

Market Spotlight: NZDJPY Breakout Opportunities

NZDJPY On Watch NZDJPY is worth keeping an eye on here. The reversal off the move sub 75.92 is starting to gather momentum and price is fast approaching the bear trend line from 2021 highs and the...

Market Spotlight: Uber Double Bottom With Bullish Divergence

Uber Up NextAs US earnings season rolls on, Uber is up next to report today. The company has seen its share prices trending steadily lower since the highs printed early last year. The group saw strong...

Market Spotlight: Pfizer Channel Break On Watch

Pfizer Reports TodayUS pharmaceuticals giant Pfizer is in the spotlight today. The company reports 2021 Q4 earnings and traders will be keen to take advantage of any volatility around the release....

Market Spotlight: Looking For GBPJPY To Breakout

Let's Try That AgainGBPJPY is back in my sights again this week. I was last looking at it during the block of consolidation which formed ahead of 157.88, looking for a breakout. However, price...

Market Spotlight: Downside Risks Into Alibaba Earnings Release

Alibaba Earnings In FocusChinese tech behemoth Alibaba is due to report earnings today for the 4th quarter and there is a great deal of focus on how the company’s share price will respond. Alibaba has...

Market Spotlight: EURAUD Hits Target

EURAUD Breakout UnderwayThe recent breakout trade in EURAUD issued last week has now hit its target at 1.6163 following a sharp move higher across recent days. EUR has seen a stark shift in sentiment...