Trading Opportunities

Oil markets seeing a brighter future

24th February 2020 was when the last time we saw oil hovering around $55.80 mark. The Oil markets were hammered in 2020, taking investors and traders back to their economics 101 classes. However, unlike regular markets, the Oil markets have...

Week ahead – Retail Sales, Speeches and CPI’s

Hello! I hope you guys had a good Christmas and a Happy New Year, refreshed for the trading year. Before your week ahead, here is what you may have missed over the break....

S&P 500 – Vaccine pushing it to 4,000?

Margaret Keenan. At 90 years old, she was the first patient in the United Kingdom to receive the Pfizer-BioNTech. The CEO of England’s NHS, Simon Stevens, stated that “I think there’s every chance that we will look back on [Tuesday]...

USD/CHF approaching 0.89, a strong resistance level

The USD/CHF is down around 10% since the peak of the Coronavirus in mid-March, as further dollar weakness continues to increase the value of the safe haven, the Swiss Franc. This recent strength in the Swiss Franc has broken a...

Week ahead – GDP, CPI and BoC Interest Rates

All eyes will be on the UK’s rollout of the Pfizer-BioNtech vaccine this week ahead, as the first western country to approve a Coronavirus vaccine starts to vaccinate front line workers. However, the NHS medical director warned the vaccine distribution...

GBPUSD reaches 12-month highs

The GBPUSD rallied to 1.3497, the highest it has been since 2019. This is shy of that healthy psychological resistance level of 1.35. Strong dollar weakness, alongside risk on consensus, has compounded to push the pound higher....

UK Approves Pfizer’s Vaccine

Is this the beginning of the end? The UK announced yesterday that they have provisionally approved Pfizer’s Coronavirus vaccine. This makes the UK the first country to approve a vaccine, which they state will be available to individual members of...

Stocks reach all-time highs

Stocks reach all-time highs on vaccine optimism. The NASDAQ 100 and the S&P 500 are up 1.75% and 1.39%, respectively, with financials, utilities, and communication services being the largest gainers. The Dow Jones is also up around 1$ - however,...

EUR/USD Licks 1.20 as trading month closes

EUR/USD hit 1.20 on the last trading day before bouncing off the strong psychological resistance level. This is due to further dollar weakness alongside investors pricing in aggressive quantitative easing from the Fed outpacing the European Central bank. The EUR/USD...
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