EURUSD Technical Analysis – 06th JUNE, 2024 EURUSD – Bearish Price Crossover pattern image EURUSD was unable to sustain its bullish momentum and after touching a low of 1.0895 started its bearish correction phase coming down below the 1.0880 ...

Daily Market Analytics - Forex

USD/CAD Analysis: Bank of Canada Cuts Interest Rate by 0.25% image This occurred yesterday and was in line with analysts' forecasts, according to a Bloomberg survey. According to statements from the Bank of Canada: → Price growth indicators for ...

Daily Market Analysis By FXOpen

The Dollar Continues Range-bound Trading Ahead of US Employment Data image Despite a busy start to the current five-day period, major currency pairs remain near previously reached extremes. Here’s what happened in recent trading sessions: The US ...

Daily Market Analysis By FXOpen

Stop Overthinking, Just Do image Turtle Trading: System, Rules, and Strategy Learn Forex Trading with FXOpen #learnforex #forextrading #fxopen Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only ...

FXOpen Broker

The Price of Silver Is Acting Weaker Than Gold image According to Reuters, precious metal prices have risen in the past 1-2 days as Treasury yields have fallen, enhancing metals' appeal as a "safe haven" for investor portfolios. Currently: → ...

Daily Market Analysis By FXOpen

Is ADBE Stock Undervalued? image The stock chart for Adobe Systems shows that on May 31, 2024, the price fell below $440 – for the first time since June 2023. This drop was partly due to increased competition from Canva, which released updated ...

Daily Market Analysis By FXOpen

S&P 500 Index: Latest Analysts’ Forecasts image Over the three spring months, the S&P 500 (US SPX 500 mini on FXOpen) rose by 3.5% – not the worst result, but it might be disappointing considering that in the first two months of the year the index ...

Daily Market Analysis By FXOpen

Market Analysis: AUD/USD and NZD/USD Could Continue Higher image AUD/USD is correcting gains from the 0.6700 zone. NZD/USD is showing positive signs and might attempt a fresh increase above 0.6200. Important Takeaways for AUD USD and NZD USD ...

Daily Market Analysis By FXOpen

Analysis of PFE Price: Is the Stock Undervalued? image Yesterday, the price of Pfizer's stock rose by more than 2.2%, while the S&P 500 index remained almost unchanged from the opening to the closing of trading. This fact is noteworthy, ...

Daily Market Analysis By FXOpen

European Currencies on Track to Yearly Highs image The first summer month saw a sharp rise in European and commodity currencies against the dollar. For instance, the pound/dollar is heading towards 1.2850, while the euro/dollar is set to test a ...

Daily Market Analysis By FXOpen

AUD/USD Analysis: US Dollar Rebounds from Decline image Yesterday, the PMI Manufacturing indices for several countries were published. The news turned out to be disappointing for the US - according to ForexFactory: → Final Manufacturing PMI: ...

Daily Market Analysis By FXOpen

Championship Winner Josue Nauzaya Ngingasa Launches His Own PAMM Account Hi there, Josue Nauzaya Ngingasa, a distinguished two-time championship winner and runner-up for two consecutive seasons, has registered his own PAMM account. Ranked third in ...

FXOpen Broker

Nobody Built Like You, You Design Yourself image Compound Trading Strategy: Definition and Use Learn Forex Trading with FXOpen #learnforex #forextrading #fxopen Disclaimer: This article represents the opinion of the Companies operating under the ...

FXOpen Broker

GBPUSD Technical Analysis – 03rd JUNE, 2024 GBPUSD – Resistance of Channel is Broken image GBPUSD was unable to sustain its bearish momentum and after touching a low of 1.2685, the prices started correcting upwards crossing the 1.2780 handle today ...

Daily Market Analytics - Forex

EURUSD Technical Analysis – 03rd JUNE, 2024 EURUSD – Bullish Trend Reversal image EURUSD was unable to sustain its bearish momentum and after touching a low of 1.0790 started its bullish correction phase touching a high of 1.0880 today in the ...

Daily Market Analytics - Forex

MSFT Shares Surge on Record Yearly Volumes image On Friday, 31 May, almost 48 million Microsoft shares were traded on the NASDAQ – the highest number since the start of 2024. Meanwhile, the MSFT price chart formed a “hammer” candle: → trading ...

Daily Market Analysis By FXOpen

WTI Oil Price Unchanged After OPEC+ Meeting image The OPEC+ meeting over the weekend did not have a substantial impact on the price of crude oil. As the chart shows, WTI oil opened today at $76.72 per barrel, while on Friday it closed at $76.57 – ...

Daily Market Analysis By FXOpen

USD/CHF Rate Falls Over 1% After SNB Chief's Statements image As evidenced by the USD/CHF chart, yesterday one US dollar was worth 0.913 Swiss francs, but today it is already 0.903, indicating a rate drop of approximately 1%. According to MT ...

Daily Market Analysis By FXOpen

NIO Shares Surged Over 9% on Sales Growth Expectations image As evidenced by the NIO stock price chart, yesterday's trading closed at $4.93, while today the NIO share price is around $5.40, indicating an increase of over 9%. According to ...

Daily Market Analysis By FXOpen

Market Analysis: GBP/USD Dips While USD/CAD Eyes More Gains image GBP/USD is attempting a recovery wave from 1.2680. USD/CAD is rising and might aim for a move above the 1.3690 resistance zone. Important Takeaways for GBP/USD and USD/CAD Analysis ...

Daily Market Analysis By FXOpen