USD/JPY Slides Towards Key Support image A Bank of Japan monetary policy meeting is due this week, and expectations around the decision are supporting the yen today. Traders increasingly believe that the central bank may raise its policy rate by ...

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Silver Price Hits Historic Record Around $64 image On 27 November, we suggested that silver was preparing to challenge its all-time high. Since then (marked with the orange arrow), XAG/USD has risen by roughly 18%, breaking above the psychological ...

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XBR/USD Chart Analysis: Price Rebounds from a Seven-Week Low image On 1 December, we outlined a descending channel on the XBR/USD chart and noted that the bearish trend was driven by fading geopolitical risks. Indeed, hopes for an end to the war ...

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Dollar Index Chart Analysis After the Fed Decision image Following yesterday’s FOMC interest rate decision and Jerome Powell’s press conference, the US Dollar Index (DXY) dropped sharply to point A. On one hand, the 0.25% rate cut makes the dollar ...

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Nasdaq 100 Chart Analysis After the Fed Decision image The Nasdaq 100 index (US Tech 100 mini on FXOpen) showed sharp volatility yesterday following the interest rate announcement. The market action can be interpreted as follows: → First, the FOMC ...

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The Pound and the Euro Surge After the Fed Rate Cut image Yesterday’s decision by the US central bank became the main driver of market movement, confirming a shift towards a more accommodative monetary policy path. Markets were particularly ...

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The Smart Money Concept: Basics and Strategies image Smart Money Concepts (SMC) have become a widely studied approach for traders who want a clearer view of how major institutions influence price. Instead of relying only on standard tools, this ...

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Market Analysis: EUR/USD Stalls at Resistance as USD/JPY Extends Sharp Upside image EUR/USD climbed higher and tested the 1.1680 resistance. USD/JPY managed to reclaim 156.00 and might aim for more gains. Important Takeaways for EUR/USD and ...

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Oracle (ORCL) Share Price Rebounds Ahead of Earnings Release image Oracle is due to publish its quarterly results today after the close of the main trading session. Analysts are expecting solid year-on-year growth compared with the same period ...

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S&P 500 Index: Chart Analysis Ahead of Fed News image On 2 December, we noted that the final month of the year is traditionally favourable for the S&P 500 index (US SPX 500 mini on FXOpen), as: → since around the 1950s, December has been positive ...

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Commodity Currencies Pull Back Ahead of Fed And Bank of Canada Decisions image The AUD and CAD are trading in corrective mode, reflecting market caution ahead of today’s Federal Reserve and Bank of Canada meetings. Investors are locking in some ...

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Broadcom (AVGO) Shares Hit a Record Ahead of Earnings image Broadcom (AVGO) shares reached an all-time high ahead of the company’s quarterly results, due this Thursday, supported by strong fundamental drivers: → Partnership with Microsoft: Media ...

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USD/CAD Recovers From a 2.5-Month Low image The main driver of the decline was a sharp shift in sentiment and diverging expectations for policy actions in the United States and Canada. → Canada: Friday’s employment data came in far stronger than ...

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ICT Concepts: What Is Inner Circle Trading? image Inner Circle Trading, or ICT for short, is a methodology that explains how to determine the actions of large institutional players, or "smart money", in trading and build a structured trading ...

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The Dollar Index Has Fallen to Its Lowest Level in Almost 1.5 Months image The key event of the week will take place on 10 December – at 22:00 GMT+3 the FOMC will publish its interest rate decision, followed half an hour later by a press ...

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Netflix to Acquire Warner Bros: How Might This Affect the Price of NFLX Shares? image A major development in the stock market is the news that Netflix is buying the assets of Warner Bros. Discovery for $82.7 billion. How might this influence the ...

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Market Analysis: Gold Price Retreats Modestly, Oil Price Gains Traction image Gold price rallied above $4,250 before correcting lower. Crude oil price is recovering and it could climb further higher toward $62.00. Important Takeaways for Gold and ...

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Gold Price Analysis: Market Awaits Key Updates image The ADX indicator on the 4-hour XAU/USD chart has dropped to a multi-month low, signalling the absence of a clear trend. At the same time, a technical assessment of price movements allows for ...

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NIO Shares Drop Below $5 image As the chart shows, the share price of NIO Inc. (NIO), the Chinese manufacturer of “smart” electric vehicles, has fallen by roughly 30% over the past month and this week slipped below $5 for the first time since ...

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Dollar under Pressure after ADP as Investors Brace for Key Data Releases image The US dollar continues to retreat following weaker-than-expected ADP figures, which strengthened expectations of a softer Federal Reserve stance. The US private sector ...

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