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Market Analysis

Market Spotlight: Bitcoin Channel Trade

BTC Approaching Key SupportThe fall back in risk appetite over the last two weeks has hit crypto assets hard. BTC has reversed from recent highs around 4800, taking out two key support levels as both...

Market Spotlight: US CPI & NZDUSD

US CPI Up NextLooking ahead to today’s US session and the key focus will be the release of US CPI for March. In light of hawkish comments from various Fed members last week, as well as further hawkish...

Market Spotlight: Coca Cola Hits Fresh Highs Following Q1 Correction

Coca Cola Shares ReboundFollowing a tricky period across the middle of Q1, Coca Cola shares have rebounded firmly in recent weeks and are now trading at fresh, all-time highs. The company saw its...

Market Spotlight: Yuan Under Pressure As Inflation Surges

China CPI Surges AgainCPI data from the world’s second largest economy overnight showed that price pressures continued to grow last month. CPI was seen jumping 1.5% on the month, up from the prior...

Market Spotlight: USDCAD Double Bottom

USDCAD Reversal on Watch The combination of lower oil prices this week and fresh hawkishness from the Fed has fuelled a sharp reversal in USDACD. The pair has seen strong reversal candles off the...

Market Spotlight: USD Demand Ramps Higher on Bullard Comments

Bullard Ups The Stakes The US Dollar has received further support into the end of the week following hawkish comments from Fed’s Bullard. Following on from Brainard who, earlier in the week, voiced...

Market Spotlight: NZDCAD Patter Play on Watch

NZDCAD Triangle On Watch Price action in NZDCAD is worth monitoring here. Following the rally across February and into early March price has since been caught in a block of consolidation under the...

Market Spotlight: DXY Soars On Hawkish FOMC Minutes

Fed Pushing Ahead in MayThe US Dollar has been higher today on the back of the release of the March FOMC minutes yesterday. The minutes confirmed the hawkish shift within the Fed, revealing members’...

Market Spotlight: Bonds Under Pressure Following Brainard Comments

Bonds Tank on Fed HawkishnessUS bond prices continue to sink this week, with bonds soaring, on the back of hawkish comments from Fed’s Brainard overnight. Speaking at a conference in Minneapolis,...