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    DAILY MARKET ANALYSIS

    Stay on top of your trading with analyses of the latest market news.

    2 July 2024
    Forex Market Analysis: Tesla Faces Sales Decline in Q2

    CURRENCIES USD/JPY: Data shows a significant majority of clients are net short. Change in longs/shorts/open interest (OI): Daily: longs +8%, shorts +1%, OI +2% Weekly: longs +19%, shorts +6%, OI +9% Implications for price action: Despite the bearish sentiment, there …

    1 July 2024
    Forex Market Analysis: Market Reacts to French Election Results

    CURRENCIES French election outcomes: The right-wing National Rally (NR) party secured nearly 34% of the vote. The left-wing New Popular Front garnered just over 28%. President Macron’s alliance came third with around 21%. NR is close to the 289 seats …

    27 June 2024
    Forex Market Analysis: Nvidia’s Drop and AI Sector Volatility

    CURRENCIES French elections: National Rally: Leads the polls but unlikely to secure an outright majority. Impact: A fractured French government may weigh on the Euro. Poll Predictions: National Rally (RN): 31.5% to 35%. People’s Front (left coalition): 28% to 29.5%. …

    25 June 2024
    Forex Market Analysis: EUR/USD Steady Amid French Election

    CURRENCIES EUR/USD analysis: EUR/USD stabilizes above 1.0700 despite political uncertainty. Trades below 200 SMA; lower bound at 1.0643, April low at 1.0600. Key events: US GDP data and PCE on Friday. Bond spreads: European bond yields in focus ahead of …

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