Market Analysis: NZD/USD Bounces Back: Are Further Gains Ahead?
NZD/USD is also rising and might aim for more gains above 0.5685.
Important Takeaways for NZD USD Analysis Today
- NZD/USD is consolidating gains from the 0.5650 zone.
- There is a major bullish trend line forming with support at 0.5685 on the hourly chart of NZD/USD at FXOpen.
NZD/USD...
Market Analysis: AUD/USD Bounces Back: Are Further Gains Ahead?
AUD/USD started a decent increase above the 0.6200 and 0.6250 levels.
Important Takeaways for AUD USD Analysis Today
- The Aussie Dollar rallied after forming a base above the 0.6165 level against the US Dollar.
- There is a key bullish trend line forming with support at 0.6290 on the hourly...
How to Trade Commodities? Five Popular Strategies
Whether you're a seasoned trader or new to the world of commodities, understanding the various available strategies can play an important role in building an effective trading plan. In this article, we’ll explain five commodity trading strategies that you can get started with today.
Commodity Trading Explained...
S&P 500 Index Sets Record High
As shown by the S&P 500 chart (US SPX 500 mini on FXOpen), the stock index:
→ has increased by approximately 3.5% since the start of the year;
→ surpassed its previous all-time highs set in December.
Market participants’ optimism was driven by:
→ a strong start to earnings season and expectations of robust reports from major tech...
Bank of Japan Raises Rates, Yen Strengthens
The Bank of Japan (BOJ) has raised short-term interest rates to 0.5%, the highest level in 17 years. While this move was anticipated, the currency market responded with a significant strengthening of the yen, with USD/JPY falling by approximately 0.6%.
At a press conference, BOJ Governor Ueda stated that there is no...
Germany’s DAX 40 Stock Index Hits Record High
The country’s Finance Minister, Jörg Kukies, stated in an interview with CNBC that it is crucial for Germany to enter a period of economic growth, adding that structural deficiencies need to be addressed.
“We have just received another downward revision of growth forecasts from the IMF,” he said at the World...
Netflix (NFLX) Shares Surge After Earnings Report
After the close of the main trading session on the stock market on Tuesday, Netflix released its Q4 2024 results. The report was exceptionally strong:
→ Analysts expected the company to add 9.18 million paid subscribers during the quarter, but the actual figure reached 18.91 million, which is 15.9% more than in...
Bitcoin Halving: Meaning and Implications for Traders
Bitcoin halving is one of the most anticipated events in the crypto world, dramatically altering the supply dynamics of the leading digital asset. By reducing the rate at which new Bitcoin is created, halvings play a key role in its scarcity and long-term value. This article explores what Bitcoin halving...
Chinese Stocks Decline Amid Tariff Threats
According to Bloomberg, President Donald Trump raised the possibility of imposing tariffs on China during his second day in office.
“We’re considering a 10% tariff on China,” Trump announced during a White House event on Tuesday, indicating February 1 as a potential start date.
During his election campaign, Trump had...
Oracle Stock (ORCL) Surges Amid Trump’s Initiative
Stargate – an initiative unveiled by Donald Trump on his second day as president – represents a collaborative project between OpenAI, SoftBank, and Oracle to advance artificial intelligence infrastructure in the United States. The project’s partners also include Microsoft, MGX, Arm, and NVIDIA.
The initiative...
Market Analysis: USD/JPY Corrects Gains
USD/JPY is correcting gains and now consolidates below 156.00.
Important Takeaways for USD/JPY Analysis Today
- USD/JPY is trading in a bearish zone below the 157.00 and 156.60 levels.
- There is a connecting bearish trend line forming with resistance near 155.90 on the hourly chart at FXOpen.
USD/JPY Technical...
Market Analysis: EUR/USD Starts Increase
EUR/USD started a decent upward move above the 1.0350 resistance.
Important Takeaways for EUR/USD Analysis Today
- The Euro found support and started a recovery wave above the 1.0360 resistance zone.
- There is a key bullish trend line forming with support near 1.0395 on the hourly chart of EUR/USD at FXOpen.
...
Trading CFDs on Stocks vs ETFs: Differences and Advantages
Many traders wonder whether it’s worth trading ETFs vs stocks. The truth is that they both offer distinct advantages depending on your strategy. Whether you're drawn to the diversification of ETFs or the high volatility of individual stocks, understanding their differences is key. This article breaks...
Brent Oil Price Drops from 2025 High
If you follow FXOpen’s publications, you may recall how in 2024, we repeatedly analysed the XBR/USD chart and drew several key parallel lines. For example, in our publication at the end of November.
This is significant because the uppermost of the three lines drawn last year acted as resistance, where the current peak of...
Nasdaq 100: Bearish Signals Amid Increased Volatility
As revealed by the technical analysis of the 4-hour Nasdaq 100 chart (US Tech 100 mini on FXOpen), the ATR indicator has been above 125 since the start of 2025, in contrast to late 2024 when it was mostly below this level. This reflects heightened volatility in the US stock market due to:
→ Trump’s...
How Can You Trade with an Inverted Hammer Pattern?
In trading, patterns are powerful tools, allowing traders to anticipate changes in trend direction. One such pattern is the inverted hammer, a formation often seen as a bullish signal following a downtrend. Recognising this pattern and understanding its implications can be crucial for traders looking to spot...
Market Insights with Gary Thomson: CAD, GBP, and JPY Markets, Gold, and Corporate Earnings
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:
- What does the...
XAU/USD Analysis: Gold Prices Poised for a New Trend
Although today is a public holiday in the US (Martin Luther King Jr. Day), financial markets are unlikely to remain calm, as traders and investors will be closely watching the inaugural speech of Donald Trump, the 47th President-elect, scheduled for 20:00 GMT+3.
Trump's speech could impact gold prices in USD,...
