Big Tech hit by fears of potential recession image Last year, there was a huge amount of caution around the US Big Tech stocks, many of which demonstrated considerable levels of volatility on New York's premier stock exchanges. There were several ...

Daily Market Analysis By FXOpen

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EUR/USD Gathers Pace, USD/JPY Dips Below 150 image EUR/USD started a steady increase above the 0.9900 resistance zone. USD/JPY started a downside correction from the 152.00 resistance zone. Important Takeaways for EUR/USD and USD/JPY The Euro ...

Daily Market Analysis By FXOpen

BTCUSD and XRPUSD Technical Analysis – 25th OCT 2022 image BTCUSD: Bearish Engulfing Pattern Below $19685 Bitcoin was unable to sustain its bullish momentum and after touching a high of 19694 on 18th Oct, it started to decline touching a low of ...

Daily Market Analysis By FXOpen

Currency roller coaster continues as GBP see-saws on Boris Johnson exit image The famous British sense of humor has made its presence felt at a time of despair once again, with pictures circulating the internet of 10 Downing Street, the Prime ...

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GBP/USD Gains Momentum, EUR/GBP Eyes Fresh Increase image GBP/USD started a recovery wave and climbed above the 1.1300 resistance. EUR/GBP is trading above the 0.8650 support and might eye a fresh increase. Important Takeaways for GBP/USD and ...

Daily Market Analysis By FXOpen

Watch FXOpen's October 17-21 Weekly Market Wrap Video image In this video, FXOpen UK COO Gary Thomson sums up the week’s happenings and discusses the most significant news reports. Semiconductor war between China and the US The US puts pressure on ...

Daily Market Analysis By FXOpen

Gold Price Drops While Crude Oil Price Aims Fresh Increase image Gold price started a fresh decline and traded below $1,650. Crude oil price is holding the $84.25 support and might start a fresh increase. Important Takeaways for Gold and Oil Gold ...

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ETHUSD and LTCUSD Technical Analysis – 20th OCT, 2022 image ETHUSD: Bullish Harami Pattern Above $1263 Ethereum was unable to sustain its bearish momentum and after touching a low of 1205 on 13th Oct, the price started to correct upwards against ...

Daily Market Analysis By FXOpen

UK inflation officially goes over 10% image During the last year in which many Western nations have experienced high levels of inflation, there have been official figures which have been relatively conservative estimates, and unofficial figures ...

Daily Market Analysis By FXOpen

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EUR/USD and EUR/JPY Could Climb Further Higher image EUR/USD is slowly moving higher above 0.9800. EUR/JPY is also rising and might climb further higher above the 147.25 zone. Important Takeaways for EUR/USD and EUR/JPY The Euro started a recovery ...

Daily Market Analysis By FXOpen

BTCUSD and XRPUSD Technical Analysis – 18th OCT 2022 image BTCUSD: Bullish Engulfing Pattern Above $18237 Bitcoin was unable to sustain its bearish momentum and after touching a low of 18280 on 13th Oct, it started to correct upwards touching a ...

Daily Market Analysis By FXOpen

Housebuilder stocks take a hard hit as UK market slows down image The FTSE 100 index is once again below 7000 points today, and although it has risen from its low point of yesterday, it is still languishing at 6,975 as the trading day in London ...

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SO much volatility! UK Government to tear up budget in emergency move image The currency and stock markets have been in a remarkable state of turmoil for many weeks now, and perhaps one of the most exaggerated differentials in price has been ...

Daily Market Analysis By FXOpen

GBP/USD and GBP/JPY Eye Additional Gains image GBP/USD started a decent recovery wave above the 1.1200 resistance. GBP/JPY is also rising and might climb further higher above the 167.25 zone. Important Takeaways for GBP/USD and GBP/JPY The British ...

Daily Market Analysis By FXOpen

Watch FXOpen's October 10-14 Weekly Digest Video In this video, FXOpen UK COO Gary Thomson sums up the week’s happenings and discusses the most significant news reports. GBP/USD faces key hurdle, USD/CAD could rise further Professional traders go ...

Daily Market Analysis By FXOpen

EUR/USD Eyes Steady Recovery While USD/CHF Might Slide image EUR/USD started a recovery wave after a sharp decline post the US CPI release. USD/CHF is declining and might slide below the 0.9975 support. Important Takeaways for EUR/USD and USD/CHF ...

Daily Market Analysis By FXOpen

ETHUSD and LTCUSD Technical Analysis – 13th OCT, 2022 image ETHUSD: Evening Star Pattern Below $1337 Ethereum was unable to sustain its bullish momentum and after touching a high of 1381 on 06th Oct, the prices started to decline against the US ...

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Traders dump British Pound en masse as BoE pulls plug on pension support image Will there be a run on pension funds? It was inevitable that the Bank of England would curtail its support somewhere when 'support' means literally printing money in ...

Daily Market Analysis By FXOpen