S&P 500 Index Drops to 2-Month Low
On Friday, the US unemployment data was released, as reported by ForexFactory:
→ The unemployment rate dropped from 4.2% to 4.1%;
→ The number of new jobs (Non-Farm Employment Change) increased by 256,000 over the month, although analysts had forecast an increase of 164,000 (previous value = 212,000).
According to Reuters, the...
Market Analysis: NZD/USD Under Fire, Deeper Losses Ahead?
NZD/USD is also moving lower and might extend losses below 0.5540.
Important Takeaways for NZD/USD Analysis Today
- NZD/USD declined steadily from the 0.5690 resistance zone.
- There is a short-term bearish trend line forming with resistance at 0.5580 on the hourly chart of NZD/USD at FXOpen.
...
Market Analysis: AUD/USD Under Fire, Deeper Losses Ahead?
AUD/USD declined below the 0.6350 and 0.6250 support levels.
Important Takeaways for AUD/USD Analysis Today
- The Aussie Dollar started a fresh decline from well above the 0.6300 level against the US Dollar.
- There is a connecting bearish trend line forming with resistance at 0.6175 on the hourly...
How Do Traders Identify Overbought and Oversold Stocks?
Identifying overbought and oversold stocks is a key part of technical analysis for traders. These conditions occur when a market’s price moves to extremes—either too high or too low—compared to its recent performance. By recognising these signals, traders can spot potential turning points in the market....
AUD/USD Analysis: Exchange Rate Holds at a 56-Month Low
As seen on the AUD/USD chart, yesterday the exchange rate fell below the level of 0.618 Australian dollars per 1 US dollar. The last time the Australian dollar was this weak was in April 2020, during the global spread of the coronavirus.
The decline followed the release of inflation data from Australia...
EBAY Share Price Jumps Over 9% in a Day
Yesterday, traders focused on:
→ labour market news, which showed a slight decrease in new unemployment claims;
→ comments from the Federal Reserve: Christopher Waller stated that inflation is expected to fall to the target rate of 2% in the medium term, and further monetary easing would be "appropriate".
However, these...
USD/CNH Near Key Resistance: 2025 Outlook
As shown by today’s USD/CNH chart:
→ the pair is trading around 7.35 yuan per US dollar;
→ historically, this level has acted as resistance, pushing the exchange rate lower in autumn 2022 and autumn 2023, as bulls briefly broke above but failed to sustain gains.
The current approach to this resistance level is partly...
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...
