Comparing Different Financial Markets
In trading, understanding the types of international financial markets is crucial. This article offers a comprehensive market comparison of the stock, forex, commodity, crypto* and bond arenas. You’ll learn the importance of these financial markets and what it takes to navigate each one effectively.
Stock Market
The stock...
USD/CHF Rises Over 2.5% in a Week
As indicated by the USD/CHF chart today, the rate is around 0.868 francs per US dollar, although it dropped below 0.85 last Monday.
The main driver of this surge in volatility (with the ATR indicator reaching its highest point since March 2023) was the decline in the Japanese stock market, which we covered twice last week: here...
NVDA Share Price Holds Above Psychological Level
On 10 July, we noted strong selling pressure above the $130 per share level. Since then, the price has dropped by approximately 22%. Losing more than a fifth of its market value seems like a serious issue, but it’s not as bad as it might appear, especially with emotions running high amid fears of a potential US...
Simple Trend Strategies
In trading, successfully navigating market trends can make all the difference. This article provides a deep dive into four simple yet effective strategies that show you how to trade with the trend. Regardless of your level of experience, these strategies offer actionable insights that can enhance your trading journey.
Understanding...
Market Analysis: USD/JPY Aims Fresh Increase
USD/JPY is rising and might take out the 147.80 resistance.
Important Takeaways for USD/JPY Analysis Today
- USD/JPY climbed higher above the 144.15 and 145.55 levels.
- There is a connecting bullish trend line forming with support at 147.00 on the hourly chart at FXOpen.
USD/JPY Technical Analysis
On the...
Market Analysis: EUR/USD Dips Again
EUR/USD declined from the 1.1000 resistance and corrected gains.
Important Takeaways for EUR/USD Analysis Today
- The Euro started a fresh decline below the 1.0945 support zone.
- There is a connecting bearish trend line forming with resistance at 1.0920 on the hourly chart of EUR/USD at FXOpen.
EUR/USD Technical...
Eli Lilly Shares Surge Over 9% After Strong Earnings Report
As the chart of Eli Lilly's (LLY) share price shows today, yesterday's trading closed at a level more than 9% higher than Wednesday's closing price. The main driver of this growth was a strong Q2 report:
→ Earnings per share: actual = $3.92, expected = $2.74;
→ Gross sales: actual = $11.3 billion,...
Silver Price Finds Support Near 3-Month Low
As shown on the XAG/USD chart, the price of silver is currently around $26.75 this week, marking the lowest level since early May.
In our analysis of silver on June 6, we noted:
→ Silver was underperforming gold—a bearish sign;
→ Other bearish indicators included a double top pattern near the $32 per ounce...
Is the Japanese Stock Market Stable Today?
On July 11, the Nikkei 225 index (Japan 225 on FXOpen) started to decline. Notably, on July 15, we observed bearish activity around the 41330 level.
Interestingly, US stock indices also began to fall on July 11. However, the Japanese stock market saw a more dramatic drop, exceeding 25% by the August 5 low.
Has the...
Trading Effect on a Portfolio
When a person decides to join the financial world and buy stocks, commodities, currency, or perhaps even cryptocurrency*, they have to think about the approach they take to their management. There is the option of holding assets until they decide to sell them in months or years, and there is the option to trade them actively....
USD/JPY Analysis: Rate Stabilizes After Tsunami
Less than a month ago, the rate was above 161 yen per US dollar. This week, it dropped below 142.5 yen (approximately -12%).
The strengthening of the Japanese yen was driven by actions from the Bank of Japan and financial authorities:
→ Intervention to support the yen in mid-July;
→ An interest rate hike last...
Analysis of Amazon (AMZN) Share Price After Disappointing Report
On Thursday, Amazon released its second-quarter report:
→ Earnings per share: actual = $1.26, forecast = $1.03;
→ Gross sales: actual = $147.98 billion, forecast = $148.66 billion.
Amazon’s CFO, Brian Olsavsky, attributed the decline in sales to distractions caused by Trump’s news coverage and the...
What Is the Gold/Silver Ratio, and How Do Traders Use It?
The gold/silver ratio, which measures the relative value of these two precious metals, is a vital tool for commodity traders. Understanding this relationship helps identify market trends and trading opportunities. This article explores how to calculate, analyse, and trade the gold/silver ratio...
Market Analysis: EUR/GBP Gains Strength
EUR/GBP is rising and might climb above the 0.8620 resistance.
Important Takeaways for EUR/GBP Analysis Today
- EUR/GBP is gaining pace and trading above the 0.8500 zone.
- There is a short-term contracting triangle forming with support near 0.8570 on the hourly chart at FXOpen.
EUR/GBP Technical Analysis
On the...
Market Analysis: GBP/USD Dives
GBP/USD started a fresh decline from the 1.2860 resistance zone.
Important Takeaways for GBP/USD Analysis Today
- The British Pound is showing bearish signs below the 1.2800 support.
- There is a key bearish trend line forming with resistance near 1.2750 on the hourly chart of GBP/USD at FXOpen.
GBP/USD Technical Analysis...
Apple (AAPL) Share Price Influenced by Psychological Factors
The first factor is the news that Warren Buffett is halving his position in AAPL shares. Whether this indicates that the legendary investor foresees the company losing its market leadership or a recession threat, Buffett's authority may create a psychological effect on retail investors and prompt them...
Nasdaq Composite Index: A Ray of Hope
On July 31, we noted that the Nasdaq Composite Index (US Tech 100 mini on FXOpen) had reached significant support, highlighting trendline A and warning of potential volatility spikes due to fundamental news from the Federal Reserve and earnings season.
Since then, the price of the Nasdaq Composite Index (US Tech 100 mini on...
5 Strategies for Traders in 2024
Trading strategies are essential tools for navigating financial markets. They provide a structured approach to trading decisions, leveraging technical indicators and patterns to identify opportunities. This article explores various potentially effective trading strategies, offering insights into how traders can apply them to...
