Stock Markets Decline Amid Trump Tariff News Comparing the approximate difference between last week's opening and closing prices on stock index charts: ➝ The US S&P 500 (US SPX 500 mini on FXOpen) fell by 2.4%. ➝ The European Euro Stoxx 50 (Europe 50 on FXOpen) dropped by 2%. Why Are Stocks Falling? The bearish sentiment in stock markets is largely driven by...
Ford (F) Share Price Drops Following Trump's Tariffs President Trump has fulfilled his promise to impose tariffs on foreign car manufacturers, introducing a 25% tariff on all cars and light trucks not made in the United States, as well as on "certain auto parts." As reported by Yahoo Finance: "This will continue to drive growth like you've never seen before,"...
Gold Price Hits Record High On 19 March, we reported that gold had surpassed $3,000 per ounce for the first time in history and suggested this psychological level could be tested. As shown on the XAU/USD chart, the price briefly dipped below $3,000 but quickly rebounded. According to the Smart Money Concept methodology, this may have been a liquidity sweep...
What Are the Inner Circle Trading Concepts? Inner Circle Trading (ICT) offers a sophisticated lens through which traders can view and interpret market movements, providing traders with insights that go beyond conventional technical analysis. This article explores key ICT concepts, aiming to equip traders with a thorough understanding of how these insights can...
XNG/USD Analysis: Natural Gas Price Drops to March Low On 27 January, our analysis of the natural gas chart highlighted the formation of an ascending channel. Later, on 10 March, we noted that the sharp price increase had created technical conditions for a correction. Since then, as indicated by the arrow on the XNG/USD chart, natural gas prices have declined...
Nvidia (NVDA) Share Price Continues Bearish Trend Earlier this month, our analysis of NVDA's share price led us to: → Establish a downward channel (marked in red). → Suggest that the lower boundary could act as support, which was confirmed (circled). On 13 March, we anticipated the median line of this channel might serve as resistance, and yesterday’s ~5%...
Is There the Best Time to Trade Forex in the UK? Grasping the nuances of forex market hours is essential for traders aiming to optimise their strategies. Operating continuously from Sunday evening to Friday night, the currency market accommodates participants across various time zones without being anchored to a singular physical location. For those in the UK,...
Boeing (BA) Share Price Rally Slows Near Key Resistance The Boeing (BA) stock chart shows that since its March low, the price has surged by approximately 25%, significantly outperforming the S&P 500 index (US SPX 500 mini on FXOpen). This rally was driven by the news that Boeing secured a contract to develop the next generation of fighter jets for the U.S....
UK Inflation Declines Today, the latest UK Consumer Price Index (CPI) figures were released. According to ForexFactory: The actual annual CPI came in at 2.8%, Analysts had expected it to remain at the previous level of 3.0%. As a result, the British pound weakened, and a slight spike in volatility was observed on the FTSE 100 stock index chart (UK 100 on...
What Is a Liquidity Sweep and How Can You Use It in Trading? Mastering key concepts such as liquidity is crucial for optimising trading strategies. This article explores the concept of a liquidity sweep, a pivotal phenomenon within trading that involves large-scale players impacting price movements by triggering clustered pending orders, and how traders can...
Market Analysis: USD/JPY Eyes Fresh Surge USD/JPY is rising and might gain pace above the 151.00 resistance. Important Takeaways for USD/JPY Analysis Today - USD/JPY climbed higher above the 149.55 and 150.00 levels. - There is a connecting bullish trend line forming with support at 150.30 on the hourly chart at FXOpen. USD/JPY Technical Analysis On the...
Market Analysis: EUR/USD Retreats EUR/USD declined from the 1.0950 resistance and traded below 1.0850. Important Takeaways for EUR/USD Analysis Today - The Euro started a fresh decline below the 1.0850 support zone. - There is a key bearish trend line forming with resistance at 1.0820 on the hourly chart of EUR/USD at FXOpen. EUR/USD Technical Analysis...
Forex Traders Focus on Trump’s Tariff News As April 2 approaches—the date when Trump's international trade tariffs are set to take effect—traders are increasingly concentrating on this highly uncertain issue. Yesterday, the U.S. president stated that: → Tariffs on cars would be introduced "soon" (but not all possible tariffs would be imposed); → Some countries...
ETFs vs Mutual Funds: Differences and Advantages Exchange-traded funds (ETFs) and mutual funds are two of the most popular investment options, each offering unique features and advantages. While both provide access to diversified portfolios, their differences in structure, management, and trading make them suitable for different strategies. This article breaks...
Market Insights with Gary Thomson: UK & US Inflation, US Durable Goods Orders, and Earnings Reports In this video, we’ll explore the key economic events, market trends, and corporate news shaping the financial landscape. Get ready for expert insights into forex, commodities, and stocks to help you navigate the week ahead. Let’s dive in! In this episode, we...
S&P 500 Analysis: Markets Start the Week on a Positive Note A week ago, while analysing the S&P 500 index chart (US SPX 500 mini on FXOpen), we noted that the market had officially entered a correction phase, as the price had declined more than 10% from its February 19 peak. This drop was driven by mounting uncertainty over the potential economic damage caused...
XBR/USD Analysis: Price Near Resistance Zone As seen on the XBR/USD chart, Brent crude oil prices are hovering near last week’s highs this morning as market participants assess various influencing factors, including: → New U.S. sanctions on Iran, which are limiting its export capacity and tightening global supply, particularly to China. → Ongoing negotiations...
Market Analysis: WTI Crude Oil Face Hurdles Crude oil is attempting a recovery wave but upsides could be limited. Important Takeaways for WTI Crude Oil Price Analysis Today - WTI Crude oil prices started a recovery wave from the $66.00 support zone. - There is a key bullish trend line forming with support at $67.50 on the hourly chart of XTI/USD at...