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Market Analysis

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...

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....