Market analysis from FXOpen
Market Analysis: Gold Crashes As Trade War Escalates Gold price started a fresh decline below $3,050. Important Takeaways for Gold Price Analysis Today - Gold price climbed higher toward the $3,150 zone before there was a sharp decline against the US Dollar. - A key bearish trend line is forming with resistance near $3,068 on the hourly chart of gold at...
Apple (AAPL) Shares Plummet Over 9% Following Trump's Tariff Announcement Many stock indices declined after the US President announced the introduction of tariffs for multiple countries, as we reported yesterday morning. During yesterday’s trading session, the sell-off in equities intensified. According to media reports, market participants had hoped that the...
Triangle Chart Patterns: How to Identify and Trade Them Triangle chart patterns are essential tools in technical analysis, helping traders identify potential trend continuations. These formations build as the price consolidates between converging trendlines, signalling an upcoming move in the market. In this article, we’ll explore the three types of triangle...
USD/CHF Falls to Its Lowest Level in Nearly Five Months Today, the exchange rate of one US dollar against the Swiss franc dropped below 0.87000 francs—its lowest level since early November 2024. Since the start of 2025, the USD/CHF pair has declined by more than 4%. Why Is USD/CHF Falling Today? On one hand, the US dollar is weakening against other...
S&P 500 Index Hits 2025 Low Following Trump's Tariff Announcement As shown on the S&P 500 Index (US SPX 500 mini on FXOpen) chart, the benchmark US stock index dropped below 5,450 points for the first time in 2025. This decline reflects the US stock market’s reaction to the tariffs imposed by the White House on international trade. According to Reuters: →...
What Is an ABCD Pattern, and How Can You Use It in Trading? Are you looking to improve your trading strategy and technical analysis skills? The ABCD trading pattern may be just what you need. This tool may help you identify potential market reversals and decide when to enter a trade. Keep reading to learn more about the ABCD pattern and how to apply it to your...
Johnson & Johnson (JNJ) Shares Drop Over 7% As the chart shows, Johnson & Johnson (JNJ) shares declined by approximately 7.6%, reaching their lowest level since late February. This marked one of the worst performances in the stock market yesterday. Why Did JNJ Shares Fall? Two major bearish factors contributed to the decline: A Texas judge rejected...
Gold Prices Hover Near Record Highs Ahead of Trump’s Tariff Announcement As shown on the XAU/USD chart today, gold prices are fluctuating near their all-time high, set when the price of an ounce surpassed $3,140 for the first time in history. Gold has risen by approximately 19% in the first three months of 2025. Why Is Gold Rising? On 2 April, traders'...
Market Analysis: USD/CAD Dips USD/CAD declined and now consolidates below the 1.4350 level. Important Takeaways for USD/CAD Analysis Today - USD/CAD started a fresh decline after it failed to clear the 1.4415 resistance. - There was a break below a major bullish trend line USD/CAD Technical Analysis On the hourly chart of USD/CAD at FXOpen, the pair...
Market Analysis: GBP/USD Eyes Fresh Gains GBP/USD started a fresh increase above the 1.2900 zone. Important Takeaways for GBP/USD Analysis Today - The British Pound is eyeing more gains above the 1.2970 resistance. - There is a key bearish trend line forming with resistance at 1.2935 on the hourly chart of GBP/USD at FXOpen. GBP/USD Technical Analysis On...
What Is the Difference Between ETFs and Index Funds? ETFs and index funds are designed to provide access to diversified portfolios of assets, often tracking the performance of a specific market index. But while they may appear similar at first glance, they have distinct characteristics that cater to different types of investors and strategies. This article...
Moderna (MRNA) Shares Plunge Nearly 9% Moderna (MRNA) shares tumbled by approximately 8.9%, falling below $29—marking their lowest level since April 2020, when global markets were shaken by the COVID-19 pandemic. Since the start of 2025, MRNA’s share price has declined by around 32%. Why Did MRNA Shares Drop? On Monday, MRNA led the decline among US biotech...
Brent Crude Oil Price Rises Above $71 Brent crude oil is trading above $71 per barrel today, marking its highest level since late February. As shown on the XBR/USD chart, the price surged by approximately 2.6% on the last day of March. Why Has Oil Risen? Bullish sentiment in the market is driven by the US President’s stance on Russia and Iran. According to...
What Is an Inverse Fair Value Gap (IFVG) Concept in Trading? Inverse Fair Value Gaps (IFVGs) are a fascinating concept for traders seeking to refine their understanding of price behaviour. By identifying areas where market sentiment shifts, IFVGs provide unique insights into potential reversals and key price levels. In this article, we’ll explore what IFVGs are,...
Market Analysis: NZD/USD Struggles to Sustain Gains—What’s Next? NZD/USD is also moving lower and might extend losses below 0.5700. Important Takeaways for NZD/USD Analysis Today - NZD/USD declined steadily from the 0.5760 resistance zone. - There is a major bearish trend line forming with resistance at 0.5715 on the hourly chart of NZD/USD at FXOpen. ...
Market Analysis: AUD/USD Struggles to Sustain Gains—What’s Next? AUD/USD declined below the 0.6320 and 0.6300 support levels. Important Takeaways for AUD/USD Analysis Today - The Aussie Dollar started a fresh decline from well above the 0.6320 level against the US Dollar. - There is a connecting bearish trend line forming with resistance at 0.6300 on the...
Market Insights with Gary Thomson: RBA Rates, US and Canada’s Employment Data & 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...
Alphabet (GOOGL) Stock Hits 2025 Low As seen on the Alphabet (GOOGL) stock chart, the price has dropped close to $156—a level not seen since September 2024. Since the start of 2025, the stock has fallen by more than 18%. Why Is GOOGL Falling? As mentioned earlier today, overall market sentiment remains bearish due to the White House’s tariff policies. For...