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The report presents a summary of all upcoming and recent fundamental events as well as technical analysis for the major markets.

#DailyMarketReport - 24th January 2021

https://www.capitalstreetfx.com/en/technical_analysis/technical-analysis-report-25-january-2021/
Apple supplier Luxshare shares fall after U.S. patent infringement notice

Shares in Apple Inc (NASDAQ:AAPL) supplier Luxshare Precision Industry Co Ltd fell as much as 9.5% on Monday, amid fresh concerns about a patent infringement investigation filed against it from the United States.

TRADE SIGNAL โ€“ : Apple Inc (NASDAQ:AAPL) โ€“ BUY: 138.79, TARGET: 141.99, STOP LOSS : 137.03

https://www.capitalstreetfx.com/en/apple-supplier-luxshare-shares-fall-after-u-s-patent-infringement-notice/
Germany urges Taiwan to help ease auto chip shortage

Germany has asked Taiwan to persuade Taiwanese manufacturers to help ease a shortage of semiconductor chips in the auto sector which is hampering its fledgling economic recovery from the COVID-19 pandemic.

The pan-European Stoxx 50 climbed down by 0.44% to 3,602.41 . In the cash markets, the DAX futures Germany was trading 0.24% down at 13,873.97. CAC 40 futures in France climbed down by 0.56% to 5559.57, while the FTSE 100 futures in the U.K. fell by 0.30% to 6,695.07 ,at the time of writing.

https://www.capitalstreetfx.com/en/germany-urges-taiwan-to-help-ease-auto-chip-shortage/
Oil prices edge up, but lockdowns restrain gains

Oil prices edged up on Monday as supply jitters and U.S. stimulus plans offset fresh concerns about the hit to global fuel demand from renewed lockdowns to curb spikes in COVID-19 infections

On the technical front, Brent RSI stood at 62.873 the current price is trading Above the Moving Averages 5 & 50. So, a Buy trade can be executed with the following target and stop-loss:

TRADE SIGNAL- Brent โ€“ Buy: 55.70, TARGET:56.70 , STOP LOSS:55.10.

https://www.capitalstreetfx.com/en/oil-prices-edge-up-but-lockdowns-restrain-gains/