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Market Analysis

Market Spotlight: Twitter Stalled By Weaker Earnings

Twitter Lower Pre-MarketShares inUS social media giant Twitter are trading lower ahead of the open today. The company’sstock has been muted on the back of a set of weaker0than-expectde second...

Market Spotlight: AUDUSD Hits First Target

AUDUSD Breakout UnderwayThe AUDUSD long idea issued last week has now hit its first target at .6987. This is a key resistance level for the Aussie and price is looking laboured on this first test....

Market Spotlight: Trading The Gasoline Correction

Another Leg Lower for Gas? Followinga strong start to the year, gasoline futures have seen a sharp correction lowerover recent weeks. The market has shed around 30% from the early June highs,...

Market Spotlight: GBPAUD Downside on Watch

Key Level to Monitor Price action in GBPAUD is looking interesting here. The pair has been stuck in a large 1.7218 – 1.7811 range since late March/ early April. The pair is now testing the lower range...

Market Spotlight: Bitcoin Rising Ahead of Next Week's FOMC

BTC Rallies on Weaker USDThe pull-back in the US Dollar this week has benefited risk assets across the board and cryptocurrencies have been a reflection of this. Bitcoin traded up to its highest level...

Market Spotlight: EURCAD Post-ECB Opportunities

EUR Lower Following ECBYesterday’s July ECB meeting saw a muted response in EUR. While the ECB pushed ahead with the larger-than-expected .5% rate hike, the bank’s accompanying guidance was less...

Market Spotlight: EURJPY Key Levels to Watch into Today's ECB Meeting

ECB in Focus TodayTraders are bracing for the headline event of the week today,with the July ECB meeting due. The market is widely expecting the bank to hikerates by at least .25% today, in line with...

Market Spotlight: JPY Falls As BOJ Sticks to Easing

BOJ Sticks to Its GunsThe Japanese Yen is back under pressure today following the July Bank of Japan meeting overnight. While the rest of the G10 is firmly embarking down a path of monetary...

Market Spotlight: Netflix Shrugs Off Subscriber Loss

Netflix EPS Beat, Revenues MissNetflix shares are trading higher ahead of the open today despite a bumpy set of second quarter earnings yesterday. Netflix came through with an EPS of $3.20, well above...