What Is a Break of Structure and How Can You Trade It? image In the ever-evolving world of Smart Money Concept (SMC) trading, a nuanced understanding of market dynamics is indispensable. This article explores the concept of Break of Structure ...

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Is It Possible to Trade a Short Squeeze? image Understanding the dynamics of a short squeeze is essential for traders navigating the volatile terrains of financial markets. This phenomenon, where a sharp increase in an asset's price forces short ...

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USD/JPY Rate Hits Highest Level Since 1986 image As shown in the USD/JPY chart, today the rate is around 160.58 yen per US dollar. Bloomberg reports the words of Japan’s Finance Minister Shunichi Suzuki: → It is desirable for the exchange rate to ...

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European Currencies Face a Crucial Test: What to Expect image The end of June and the beginning of July are packed with significant economic and political events for the pound and the euro. A few weeks ago, Emmanuel Macron dissolved the parliament ...

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AMZN Shares Set a New All-Time High image As shown in the AMZN chart, yesterday the share price confidently surpassed the psychological level of $190, closing above $193.41, which is a new all-time high. Specifically: → the growth was ...

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The Nikkei Index Has Risen to a 2-Month High image As we wrote on June 17th, analyzing the Nikkei 225 chart (Japan 225 on FXOpen): → the price formed a consolidation pattern (in the shape of a narrowing triangle); → the price formed a bullish ...

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Market Analysis: EUR/USD Struggles To Recover While USD/CHF Rallies image EUR/USD is attempting a recovery wave from the 1.0675 zone. USD/CHF climbed higher above 0.8900 and might extend gains in the near term. Important Takeaways for EUR/USD and ...

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AUD/USD Surges on Inflation News in Australia image This morning, the Consumer Price Index (CPI) figures for Australia were released – according to ForexFactory, the annual CPI stood at 4.0% (expected = 3.8%, previous = 3.6%). As Bloomberg ...

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Analytical META Stock Predictions for 2024, 2025-2030, and Beyond image Meta Platforms, Inc., formerly known as Facebook, is a leading technology company renowned for its social media and virtual reality innovations. This article provides a ...

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USD/CAD Rate Reaches Significant Support Level image On June 12, we wrote about bearish signs observed on the USD/CAD chart, pointing to the prospect of USD weakening. Since then, the USD/CAD rate has decreased by approximately 0.75% and has ...

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Nasdaq 100 Index Failed to Hold Above 20,000 Points image On 18th June, we reported that the Nasdaq 100 (US Tech 100 mini on FXOpen) market had recorded a historic high by surpassing the psychological level of 20,000. At that time, we pointed to ...

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Dollar Declines: How Deep Could the Correction Be? image By the end of last week, the American currency traded rather mixed: - The USD/JPY currency pair strengthened by more than 200 pips and almost tested the significant resistance level at ...

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TickTrader and FXOpen: Why Trade With Us? image Pursue limitless trading opportunities across multiple markets with just a single log-in. TickTrader combines five of the most popular financial asset classes — Forex, stocks, commodities, indices, ...

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What Is a Petrodollar and How Does It Affect the Global Economy? image The concept of petrodollars is an insightful topic to study. The petrodollar isn’t a specific currency but a financial system that reflects economic and political forces that ...

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USD/JPY Analysis: Rate Rises Above 159.9 Yen per Dollar image The yen was last this weak against the US dollar in late April, leading to currency interventions as the Bank of Japan deemed a rate above the psychological mark of 160 yen per USD ...

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S&P 500 Falls from Record High in Anticipation of Key News image On Friday, at 15:30 GMT+3, the Core PCE Price Index values will be released – an economic indicator to which the Federal Reserve pays special attention when assessing inflation ...

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Watch FXOpen's 17 - 21 June Weekly Market Wrap Video Weekly Market Wrap With Gary Thomson: Nasdaq 100 Index, GBP, SNB Interest rate, Brent Crude Oil image Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary ...

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3 Line Strike Pattern: What It Means and How to Use It in Trading image Candlestick patterns are crucial tools for traders, offering valuable insights into market sentiment and potential price movements. Among these patterns, the Three Line Strike ...

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Natural Gas Price: Bullish Trend Weakens image Forecasts of a hotter summer, published during April and May, led to a sustained bullish trend in the natural gas market, as this commodity is heavily used for air conditioning. Specifically: → The ...

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The Price of Gold Reached a Two-Week High image As shown on the XAU/USD chart, this morning the price of gold exceeded $2360 per ounce (approximately +1.5% since the start of the week). According to Reuters, the increase in the price of gold was ...

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