The Purchasing Managers’ Index (PMI): What Does It Tell Traders?
The Purchasing Managers’ Index (PMI) is a widely watched economic indicator that helps traders assess the overall health of the economy via an early snapshot of business activity. Traders often use this data to analyse potential market movements across different asset classes, from equities to...
Eurostoxx 50 Index Rises Above 5000
As indicated by the chart of the Eurostoxx 50 index (Europe 50 on FXOpen), its value climbed above the psychological level of 5000 points in early 2025.
The strength of demand may be driven by portfolio rebalancing or long-term investor expectations, as today’s news for the European stock market was negative. According to...
The Share Price of Moderna (MRNA) Surged Over 10% in a Day
As shown by the chart of pharmaceutical company Moderna (MRNA):
→ 2024 was an extremely difficult year, with the price falling by approximately 60%;
→ however, in early 2025, we can see signs of renewed strength.
During yesterday’s session, Moderna’s (MRNA) share price rose by more than 10%, following...
What Is the Over-the-Counter (OTC) Market and How Does It Work?
The over-the-counter (OTC) market is a crucial yet often misunderstood part of the financial system. Unlike centralised exchanges, OTC markets offer a decentralised way to trade various securities, from bonds to currencies. This article explores how the OTC market works, its instruments, and the...
EUR/GBP Starts Consolidation
EUR/GBP is consolidating and might aim for a fresh increase above 0.8320.
Important Takeaways for EUR/GBP Analysis Today
- EUR/GBP is trading in a bearish zone below the 0.8330 pivot level.
- There is a short-term contracting triangle forming with resistance near 0.8305 on the hourly chart at FXOpen.
EUR/GBP Technical...
GBP/USD Recovers
GBP/USD is attempting a recovery wave above the 1.2500 resistance.
Important Takeaways for GBP/USD Analysis Today
- The British Pound is attempting a fresh increase above 1.2420.
- There was a break above a key bearish trend line with resistance at 1.2455 on the hourly chart of GBP/USD at FXOpen.
GBP/USD Technical Analysis
On the...
How Can You Trade Silver Online?
Silver’s dual role as an industrial metal and investment asset makes it a fascinating market for traders. Its price volatility, global demand, and diverse trading options offer exciting opportunities for those looking to diversify their strategies. In this article, we’ll explore how to trade silver online, key market drivers, and...
Brent Crude Oil Hits 2.5-Month High in Early 2025
The XBR/USD chart shows a strong rally in Brent crude oil prices on January 2–3, breaking above $76.20 for the first time since mid-October.
According to Reuters, this surge was driven by:
- Economic stimulus measures in China, including wage increases for public servants and a significant boost in funding...
Nvidia Stock (NVDA): A Strong Start to 2025
As shown by Nvidia's (NVDA) chart:
→ In 2024, the stock price rose by approximately 180%—one of the best performances among S&P 500 constituents. Notably, NVDA contributed the largest share—around $1.23 trillion—to the growth of the US stock market capitalisation.
→ 2025 began on an optimistic note: on 3rd January,...
Trading Forex vs Stock CFDs: Differences and Advantages
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 involve buying and selling shares of companies. Understanding their differences—from market size and liquidity to trading...
Market Analysis: USD/JPY Eyes More Gains
USD/JPY is rising and might gain pace above the 158.00 resistance.
Important Takeaways for USD/JPY Analysis Today
- USD/JPY climbed higher above the 156.50 and 157.30 levels.
- There is a major bearish trend line forming with resistance at 157.75 on the hourly chart at FXOpen.
USD/JPY Technical Analysis
On...
Market Analysis: EUR/USD Tumbles
EUR/USD declined from the 1.0450 resistance and traded below 1.0300.
Important Takeaways for EUR/USD Analysis Today
- The Euro started a fresh decline below the 1.0350 support zone.
- There is a key bearish trend line forming with resistance at 1.0320 on the hourly chart of EUR/USD at FXOpen.
EUR/USD Technical Analysis
...
EUR/USD Started 2025 at Its Lowest Point in 25 Months
According to the EUR/USD chart, on 2nd January, the first trading day of the year, the EUR/USD pair fell below the psychological level of 1.025, the lowest mark since November 2022.
There are few news events, and the EUR/USD rate decline may be attributed to:
→ The holiday period still affecting financial...
British Pound Sterling (GBP): A History and Trading Overview
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 presents unique opportunities and challenges for traders. This article explores British money’s history, key factors driving...
Nikkei 225 Struggles to Hold Above the Psychological Level
The Nikkei 225 (Japan 225 on FXOpen) has risen nearly 20% in 2024, marking its best performance since 1989, according to Trading Economics. This impressive gain is especially noteworthy considering the market plunge in early August, triggered partly by the Bank of Japan’s historic interest rate hike.
...
The Dollar Index Rises by 6.7% in 2024
Throughout 2024, the US dollar traded with mixed dynamics but showed consistent strengthening over the past three months.
According to WSJ and Reuters, the following factors contributed to this growth:
→ Reports of a strong US economy and expectations that further interest rate cuts by the Federal Reserve will be...
What Is the DJIA, and How Can You Trade It?
The Dow Jones Industrial Average (DJIA) is one of the world’s most recognised stock indices, often seen as a barometer for the US economy. Tracking 30 influential companies, the DJIA offers insights into market trends and economic shifts. This article explores what the DJIA represents, how it’s constructed, and how to...
USD/JPY Analysis: Pair Reaches 5-Month High
The Japanese yen remains under pressure, trading near a five-month low against the US dollar. This trend is primarily driven by differences in monetary policy approaches.
On one side, the Federal Reserve maintains a hawkish stance, signalling a gradual slowing of monetary easing in 2025.
On the other, the Bank of...
