Market Analysis: Gold Price and Crude Oil Price Face Hurdles image Gold price started a fresh decline below $2,665. Crude oil prices are now struggling to clear the $70.00 and $70.50 resistance levels. Important Takeaways for Gold and Oil Prices ...

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Santa Claus Rally: How Will Christmas Impact Stock Markets in 2024 image The Santa Claus rally is a well-known seasonal phenomenon where stock markets often see gains during the final trading days of December and the start of January. But what ...

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GBP/USD Analysis: Pair Recovers from 7-Month Low image The GBP/USD pair dropped below the psychological level of 1.25 today, a level last seen in early May. Over the past two days, the pair has declined by more than 1.5%, driven by central bank ...

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Micron Technology (MU) Stock Drops 16% image On Wednesday, Micron Technology released its quarterly earnings report after the main trading session closed. The results aligned closely with analysts' expectations: earnings per share came in at ...

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Advanced Candlestick Pattern Analysis image Welcome to the intricate world of advanced candlestick patterns, a realm where subtle shifts in market sentiment are captured in the form and structure of candles on a chart. This article delves into ...

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USD/JPY Rises to a Nearly 5-Month High image According to the USD/JPY chart today, the US dollar has climbed to 157 yen. This movement was driven by monetary policies of both countries' central banks. The Federal Reserve took a hawkish stance, ...

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Nasdaq 100 Index Plummets After Fed Decision image On 17th December, analysing the Nasdaq 100 chart (US Tech 100 mini on FXOpen), we: → Drew a blue upward channel relevant for 2024; → Noted that the price was near the upper boundary of the ...

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The US Dollar Hits New Highs After the Fed Meeting image Yesterday the Federal Reserve cut the interest rate by 0.25% from 4.50%-4.75% to 4.25%-4.50%, as previously forecast. Despite this decision by the regulator, the US currency strengthened, ...

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What Is a Fib Spiral in Trading? image In trading, the Fibonacci sequence, notable for its mathematical and artistic significance, is adapted into tools like the Fibonacci retracement and spiral. These tools provide traders with a unique ...

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Forex Traders Await the Fed's Decision image The Federal Reserve is set to announce its interest rate decision today at 21:00 GMT+2, with Fed Chair Jerome Powell holding a press conference 30 minutes later. According to Forex Factory, the market ...

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Amazon (AMZN) Stock Price Surpassed $230 for the First Time image On 12th November, while analysing Amazon (AMZN) stock chart, we: → drew two ascending channels (a long-term one marked in blue and a steeper one represented by black lines); → ...

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Market Analysis: AUD/USD and NZD/USD Sink Further, Losses Mount image AUD/USD declined below the 0.6400 and 0.6375 support levels. NZD/USD is also moving lower and might extend losses below 0.57350. Important Takeaways for AUD/USD and NZD/USD ...

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Why Is the Mexican Peso So Liquid? image The Mexican peso, a dynamic player in the global forex market, embodies a unique blend of historical resilience and modern financial attractiveness. As we delve into the reasons behind its impressive ...

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Trading Hours Schedule for the 2024-2025 Winter Holiday Period image Dear Traders, Please be aware of the trading schedule changes for the Christmas and New Year holiday period (all times are GMT+2): Monday, December 23 Indices CFD: #ESX50 — ...

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Changes to our account offering from 20th December image As part of FXOpen’s commitment to providing you with the most advanced and competitive trading environment, we would like to advise that STP, Crypto, and Micro accounts will be discontinued ...

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Nvidia (NVDA) Stock Price Falls to a Two-Month Low image While the Nasdaq 100 index (US Tech 100 mini on FXOpen) climbed to an all-time high, Nvidia's (NVDA) stock price dropped below $131 during yesterday's trading session for the first time ...

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Nasdaq 100 Reaches Record High image On 29th October, analysing the Nasdaq 100 (US Tech 100 mini on FXOpen) chart, we: → Drew a blue upward channel relevant for 2024. → Noted that the price was in a consolidation phase (indicated by narrowing ...

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European Currencies Consolidate Near Key Extremes of the Year image There are only two full trading weeks left until the end of the year and just over a month until the inauguration of the 47th President of the United States. At the moment, the ...

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Trading Forex vs Stock CFDs: Differences and Advantages image Forex and stock markets are two of the most popular options for traders, each offering unique opportunities and challenges. While forex focuses on trading global currency pairs, stocks ...

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Broadcom Inc. (AVGO) Stock Soars Nearly 20% image The chart shows that at the end of last week, Broadcom Inc. (AVGO) stock price surged nearly 20%, breaking the psychological barrier of $200 per share and pushing the company’s market ...

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