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Fundamental Analysis

The Week Ahead: New Deal Version 2021

USDJPY extends recovery with robust jobs data Sentiment for the dollar remains upbeat as the pair bounces back to its pre-pandemic level from a year ago. The US labor market showed solid growth again in March with 916k jobs added.…

USDCNH Pair Revalues In A New Impulse

The USDCNH formation hints at the completion of the cycle intervening wave x, which took the form of a triple zigzag. Immediately after the end of wave x, the initial part of the new bullish trend began. Currently, the formation of…

Tesla Shares Lower As New Launch Delayed

Tesla Lower Pre-Market Shares in Tesla are trading a little lower ahead of the market open on Tuesday. The iconic company has seen a return to bearish sentiment over the last two weeks with price correcting lower from the 611.29 level.…

GE Reports Earnings Miss, Revenues Beat

GE Mixed Earnings General Electric shares are trading slightly lower than they closed on Friday after weaker-than-expected fourth-quarter earnings. GE reported Q4 earnings per share of $0.08, versus $0.09 expected. Despite the headline…

IBM Approaching Key Breakout Level

IBM Higher Pre-Market Shares in IBM are trading higher ahead of the market open today. The company’s stock price has enjoyed a solid recovery rally off the 2021 lows with price recovering from around the mid-117 level to highs around 133…