The S&P 500 Index Has Reached a Significant Resistance Level image Analyzing the S&P 500 chart (US SPX 500 mini on FXOpen) on April 26, we wrote about how the April decline could be a correction to the lower boundary of the channel within the 2024 ...

Daily Market Analysis By FXOpen

Market Analysis: EUR/USD Sees Green as USD/JPY Gains Bullish Traction image EUR/USD is slowly gaining traction above the 1.0800 level. USD/JPY trimmed almost all losses and showing positive signs above 156.20. Important Takeaways for EUR/USD and ...

Daily Market Analysis By FXOpen

Gold Price (XAU/USD) Is Testing an Important Resistance Zone image On April 16, we wrote why the $2,380 zone is an important resistance area. The XAU/USD chart shows that: 1) After fading fluctuations (they formed a narrowing consolidation ...

Daily Market Analysis By FXOpen

Watch FXOpen's 6 - 10 May Weekly Market Wrap Video Weekly Market Wrap With Gary Thomson: UK100, Hang Seng Index, AUD/JPY, GBP/USD, USD/CAD Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO ...

Daily Market Analysis By FXOpen

Analytical Euro to Dollar Predictions for 2024-2025 image The EUR/USD currency pair stands as a critical barometer of economic interactions and the relative strength between the Eurozone and the United States. This article delves into the recent ...

Daily Market Analysis By FXOpen

Market Analysis: Gold Price Regains Strength While Crude Oil Price Recovers image The gold price started a fresh increase above $2,320. Crude oil is recovering and might rise toward the $81.20 resistance zone. Important Takeaways for Gold and Oil ...

Daily Market Analysis By FXOpen

WTI Oil Price Recovers Quickly From March Lows image On May 8, the price of WTI crude oil fell below $77 per barrel for the first time since March 11. But on the morning of May 10, it was above $79 – an increase of almost 3% in less than two days. ...

Daily Market Analysis By FXOpen

GBP/USD Analysis: Pound Recovers After the Bank of England Decision image Yesterday, the Bank of England published its interest rate decision. According to ForexFactory, the votes were distributed as follows: → rate hike - 0 votes, cut - 2 votes, ...

Daily Market Analysis By FXOpen

GBP/USD Bulls Struggle While USD/CAD Regains Strength image GBP/USD declined below the 1.2550 support zone. USD/CAD is rising and might aim for more gains above the 1.3760 resistance. Important Takeaways for GBP/USD and USD/CAD Analysis Today The ...

Daily Market Analysis By FXOpen

AUD/USD Analysis: Aussie Weakens After RBA Decision image Following its decision on 7th May, the Reserve Bank of Australia (RBA) opted to maintain the interest rate at 4.35%, despite inflation continuing to decrease at a slower pace than ...

Daily Market Analysis By FXOpen

The Hang Seng Index Has risen by Over 13% in 2 Weeks image Analyzing the Hang Seng (HSI) chart, we wrote on January 30th that the price was near an important support level formed by the lower boundary (shown in orange) of a long-term channel, ...

Daily Market Analysis By FXOpen

Rivian Stock Goes High as Q1 Report Anticipation Mounts image Being a newcomer within a very long-established and somewhat traditional global industry is not easy. The automotive industry is a case in point. It has been over 139 years since Karl ...

Daily Market Analysis By FXOpen

The US Labour Market Is Slowing Down. How Could This Impact Major Currency Pair Pricing? image A weak employment report in the US contributed to a sharp pullback in major currency pairs, but it hasn't led to a full change in major trends yet. For ...

Daily Market Analysis By FXOpen

UK100 Analysis: Stock Market Optimistic Ahead of Bank of England News image On Monday, the UK observed a bank holiday for May Day, and on Tuesday, the stock market demonstrated accumulated optimism. The FTSE index (UK100) today surpassed the 8300 ...

Daily Market Analysis By FXOpen

Japanese Yen Goes on Volatility Drive after US Economic Uncertainty Surfaces image The Japanese yen has been notably volatile for a long time now, and today, that dynamic continues as the yen made some tremendous steps forward over the course of ...

Daily Market Analysis By FXOpen

What Did Buffett Say at the Shareholders' Meeting? image Warren Buffett, aged 93, held his first Berkshire Hathaway shareholders' meeting this weekend without Charlie Munger, his longtime partner at Berkshire Hathaway, who passed away at the age ...

Daily Market Analysis By FXOpen

Watch FXOpen's 29 April - 3 May Weekly Market Wrap Video Weekly Market Wrap With Gary Thomson: FTSE 100, US Dollar, USD/JPY, BTC/USD image Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the ...

Daily Market Analysis By FXOpen

Veteran Trader and VESBOLT Founder Dr. Terry Tan Joins Championship Ranks with a PAMM account Hi there, A seasoned veteran in the world of trading, Dr. Terry Tan, founder of VESBOLT, an asset management group specializing in proprietary trading, has ...

FXOpen Broker

The Price of Silver (XAG/USD) is Falling for the Second Consecutive Week image Following a surge in the price of silver close to the important psychological level of $30 per ounce on April 12, bearish momentum is now evident - concluding the week ...

Daily Market Analysis By FXOpen

AAPL Share Price Soars after Record Buyback Announced image Yesterday, after the end of the main trading session, Apple published its report on its activities for the 1st quarter: → Earnings per share: actual = $1.53; expected = $1.505; → Gross ...

Daily Market Analysis By FXOpen