AUD/USD at a Critical Support Level image The AUD/USD chart reveals that since late October, the pair has been in a downtrend. This is largely driven by monetary policy differences: while the Federal Reserve has begun cutting interest rates, the ...

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Microsoft (MSFT) Stock Hits a 4.5-Month High image On 31 October, our analysis of Microsoft (MSFT) stock highlighted: → The price is forming a long-term upward channel, illustrated in blue. → The channel’s lower boundary serves as a significant ...

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Market Analysis: Gold Consolidates While WTI Crude Oil Faces Continued Struggles image Gold price is consolidating above the $2,600 support zone. Crude oil is showing bearish signs and might decline below $66.80. Important Takeaways for Gold and ...

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British Pound Sterling (GBP): A History and Trading Overview image The British pound, one of the oldest and most traded currencies, holds a central role in the global forex market. Known for its volatility and economic significance, the pound ...

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Watch FXOpen's 2 - 6 December Weekly Market Wrap Video Weekly Market Wrap With Gary Thomson: DAX 40, Yen, Natural Gas, Apple stocks image Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO ...

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Uber Shares Drop Nearly 10% image In 2024, Uber Technologies (UBER) stock has come under significant pressure, partly due to mounting competition: → Tesla is reportedly advancing its autonomous taxi development. → Yesterday, Waymo (owned by ...

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Pound and Euro Adjust Ahead of U.S. Employment Data image The first trading week of December has seen a corrective rise in major currency pairs. USD/JPY tested support at 149.00, EUR/USD strengthened above 1.0500, and GBP/USD is nearing key ...

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Trading Divergences With Wedges in Forex image Divergence trading in forex is a powerful technique for analysing market movements, as is observing rising and falling wedges. This article explores the synergy between divergence trading and wedges ...

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Natural Gas Prices Rebound from 2.5-Month Low image On 19 November, we analysed the natural gas price chart, noting: → the formation of an upward channel (marked in blue); → a potential bullish attempt to break the key $3.200 level, which had ...

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Meta Platforms (META) Stock Surges Above $600 image On 19 November, we analysed the Meta Platforms (META) stock chart, highlighting: → the formation of a long-term upward channel (shown in blue); → the importance of the psychological $600 level; → ...

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What Is Stage Analysis in Trading? image Stage analysis is a powerful technique in trading that segments market trends into distinct phases, each offering unique opportunities and challenges. Developed by Stan Weinstein, this method helps traders ...

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DAX 40 Index Closes Above 20,000 for the First Time image On 24 October, we noted that the DAX 40 stock index (Germany 40 mini on FXOpen) was losing bullish momentum and could break downward from the Bearish Rising Wedge pattern (marked with black ...

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Apple (AAPL) Stock Hits Record High image The Apple (AAPL) stock chart reveals: → Yesterday’s closing price exceeded $242 for the first time in history. → The stock has risen nearly 30% since the start of 2024. → Over the past 30 days, it has ...

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Yen Strengthens on Rate Hike Expectations; Euro Tests Recent Lows image USD/JPY Over the past week, the USD/JPY pair dropped by approximately 500 pips. As anticipated, sellers tested the critical 150.00–149.00 range. This level may serve as the ...

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Market Analysis: AUD/USD and NZD/USD Under Pressure, Downtrend Persists image AUD/USD declined below the 0.6500 and 0.6455 support levels. NZD/USD is also moving lower and might struggle to recover above 0.5900. Important Takeaways for AUD/USD and ...

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Direct Access Trading Systems image Direct access trading systems (DATS) offer traders a direct line to financial markets. By bypassing traditional brokerage routes, DATS enable swift, precise trading, essential for strategies reliant on speed and ...

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XAG/USD Analysis: Silver Price Balances at Key Support image As reflected in the XAG/USD chart, the price of silver this morning is trading near $30.2, just above a critical support zone formed by: → The psychological level of $30.00; → The lower ...

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MicroStrategy (MSTR) Stock Price Surged Over 60% in November image According to the MicroStrategy Incorporated (MSTR) stock chart: → At the start of November, the stock price was around $244; → Last Friday, it closed just below $395; → This ...

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Market Analysis: GBP/USD Climbs Back as EUR/GBP Faces Pressure image GBP/USD is attempting a recovery wave above the 1.2600 resistance. EUR/GBP declined steadily below the 0.8340 and 0.8330 support levels. Important Takeaways for GBP/USD and ...

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What Is the Difference Between Brent and WTI Crude Oil for Traders? image Brent Crude and WTI are two of the most important oil benchmarks in the world, influencing global markets and trading strategies. While both represent high-quality crude, ...

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