Trading Opportunities

Why Forex Traders Watch The GBPCAD

If you are after a volatile currency pair to sharpen your trading skill, it is hard to look past the GBPCAD. The pair is volatile enough for opportunities to be scoped out, yet with a smaller risk factor than some...

Alibaba Reporting Revenue Amid Chinese Crackdown

Alibaba is reporting its June Quarter results this Tuesday in one of the most anticipated announcements of the week. Alibaba’s announcement is hotly awaited due to several reasons, not least due to the turmoil surrounding the stocks of Chinese companies...

Earning reports from household names this week. PART 3

Another day, another set of earning reports. Wednesday's focus is on McDonald's (NYSE: MCD), Facebook (NASDAQ: FB), Shopify (NYSE: SHOP), PayPal (NASDAQ: PYPL), and Spotify (NYSE: SPOT). As these earning reports are coming in halfway through the week, it would...

Earning reports from household names this week. PART 2

With Monday earning reports out of the way, it is now time to turn our attention to the reports due Tuesday. Interestingly, Half of FAANG are releasing earnings reports today. For this reason, expect a hyperactive NASDAQ during the Tuesday...

Earning reports from household names this week. PART 1

Last weeks' turbulent market is about to head into another. The intensity of the upcoming turbulence will all depend on how these household names have performed in Q2. Whether they have performed poorly, in line with expectation, or extraordinarily well,...

Canadian Dollar in focus to close out the week

The USD has enjoyed a decent level of upside against the Canadian Dollar since the end of May 2021. This is visible in the D1 timeframe. In this time, the Loonie has travelled from 1.202 to 1.255 per USD....

Inflation: Transitioning from Dovish to Hawkish

Inflation in the US hit 5.4% as of June 2021, its highest value in thirteen years. 5.4% may seem impressive, but don't be fooled. Accounting for the majority of inflation are massive increases in the price of vehicles (new, but...

When Is The Right Time To Short Tesla?

Tesla Inc (NASDAQ: TSLA) appears to have tremendous short potential still. It might pay to wait for the Company's stock to fall below $560 per share, though. On at least two occasions in 2021, buyers have been waiting at this...

Finding volatility in the Crypto market

Crypto is still thriving, but without the media attention that it enjoyed a couple of months ago. Admittedly, the price of many top digital assets practically halved in value from their peaks a couple of months ago. Although taken in...
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