Market News & Analysis

Market Analysis and News

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Brent crude hits two-week high!
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20 Sep 01.45

Brent crude hits two-week high!

Brent crude oil has reached its highest level in over two weeks, potentially poised for its largest weekly gain since April. The recent Fed’s rate cut, and geopolitical tensions are influencing market dynamics.

XAUUSD surges past $2,600 following Fed Rate Cut and geopolitical turmoil
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20 Sep 11.16

XAUUSD surges past $2,600 following Fed rate cut and geopolitical turmoil

Gold prices soared above $2,600 per ounce, reaching a new peak as investors reacted to significant interest rate cuts by the Federal Reserve and rising geopolitical risks. The combination of these factors has bolstered gold's appeal as a safe-haven asset.

LATEST ANALYSIS
Nvidia climbed above $1000 postmarket on strong earnings
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23 MAY clock 11:15

Nvidia climbed above $1000 postmarket on strong earnings

Nvidia climbed above $1000 postmarket after reporting its best-ever quarterly revenue and earnings results, showing 262% year-over-year revenue growth and a 585% jump in earnings.
GBPNZD briefly touches below 100-period
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22 MAY clock 10:29

GBPNZD briefly touches below 100-period

GBPNZD briefly touched the 2.06757 support level but is now trading close to today's open (2.08440) following the Reserve Bank of New Zealand's interest rate decision and the subsequent release of UK CPI data.
Ether Jumps ~20% on Speculation of ETH Spot ETFs Potential Approval
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21 MAY clock 10:07

Ether Jumps ~20% on Speculation of ETH Spot ETFs Potential Approval

Ethereum received a ~20% boost yesterday amid some media reports suggesting the imminent approval of Ethereum spot ETFs by the US Securities and Exchange Commission. This was the steepest rise for ETH since November 2022.
This Week: Nvidia to report it’s earnings for Q1 2024
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20 MAY clock 10:18

This Week: Nvidia to report it’s earnings for Q1 2024

This stock is forecasted to then move 8.5% up or down when US markets reopen Thursday, depending whether Nvidia’s results for the three months ending April 30th excites or disappoints.
Oil bulls are fighting to stay above 100-period SMA at $83/bbl.
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17 MAY clock 13:08

Oil bulls are fighting to stay above 100-period SMA at $83/bbl.

Oil bulls have managed to climb above the 100-period SMA on the back of the softer US CPI reading earlier this week as well as the higher-than-expected draw from US crude inventories.
Gold is edging higher towards $2400 psychological level
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17 MAY clock 10:28

Gold is edging higher towards $2400 psychological level

Gold is bouncing back towards the $2400 psychological level after slightly weaker US macroeconomic data was released this week.
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