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...
Apple (AAPL) Stock Ends the Year Near Record Highs In 2024, Apple Inc. (AAPL) shares surged by approximately 35%, fueled by the introduction of Apple Intelligence, a groundbreaking AI technology integrated into the company's ecosystem. This feature, designed for iPhones and other Apple products, enhances both productivity and user experience. Following the June...
What Indicators Do Traders Use for Scalping? Scalping is a fast-paced trading style where traders aim to take advantage of small price movements within short timeframes. Such traders often rely on technical indicators to make quick decisions. This article explores some of the most popular scalping indicators, providing insights into how they can help traders...
The Magnificent Seven Stocks: A Stellar 2024 and an Uncertain 2025 The Magnificent Seven is a term used to describe the seven largest technology companies that dominate the global economy through their scale, innovation, and high market capitalisation. These companies are often key drivers of the US stock market, and in 2024 (as in 2023), they confirmed their...
Illiquid Assets: Comprehensive Overview, Risks, and Examples Illiquid assets are those that don’t trade easily, often requiring more time and strategy to buy or sell effectively. Understanding these assets' unique characteristics and risks is crucial for traders who want to navigate their complexities. This article explores what makes an asset illiquid, the...
NZD/USD Stabilises Ahead of the Holidays Forex trading is slowing down as the holidays approach, offering a pause after significant movements driven by various news events, including central bank decisions. Notably, NZD/USD reached its lowest level since October 2022 at the end of last week. The decline in NZD/USD has been influenced by two main factors: 1....
AMD Stock Price Rebounds from Yearly Low. 2025 Forecast As the chart indicates, Advanced Micro Devices (AMD) reached its yearly low on 20th December, dropping below $120. However, on Monday, AMD emerged as one of the top-performing stocks in the market. The trading session opened with a bullish gap, and by the close, the stock had gained approximately 4.5%...
What Is the Difference Between Brent and WTI Crude Oil for Traders? Brent Crude and WTI are two of the most important oil benchmarks in the world, influencing global markets and trading strategies. While both represent high-quality crude, they differ in origin, composition, pricing, and market dynamics. This article explores questions like “What is Brent...
Tesla (TSLA) Stock Underperforms the Broader Market Analysing Tesla (TSLA) stock chart on 12th December, we: → Identified an ascending channel, with the November price consolidation around $350 (marked by a thick blue line) potentially indicating the median line of the long-term ascending channel (highlighted in blue). → Mentioned that TSLA stock price could...
XAU/USD Chart Analysis and Analytical Gold Price Forecast for 2025 With the holiday season underway, this week may be less volatile than the previous one, which was dominated by central bank decisions. This presents an opportunity to analyse the broader trends and outlook for gold prices in 2025. The XAU/USD chart reveals that gold prices have been moving...