Daily Market Analysis By FXOpen

Posts: 2719 · #1621 - March 17, 2025, 11:21:41 AM

What Is Dollar-Cost Averaging (DCA) in Investing and Trading?
Daily Market Analysis By FXOpen in Fundamental_Vv62tYX

Dollar-cost averaging (DCA) is a popular strategy used by investors and traders to manage market fluctuations and build positions over time. Instead of trying to time the market, DCA focuses on consistent, regular investments regardless of price movements. This article answers ?What is DCA??, its advantages and limitations, and how it can be applied in both investing and trading.

What Is Dollar-Cost Averaging (DCA)?
So what is DCA investing? Dollar-cost averaging (DCA) is a strategy that involves consistently investing a fixed sum at regular intervals, regardless of the asset?s current price. This approach helps distribute the cost of purchases over time, potentially reducing the impact of short-term price fluctuations. Instead of trying to time the market perfectly?a challenging task even for experienced traders?a dollar-cost averaging strategy focuses on regular contributions to average the cost of assets.

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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

Posts: 2719 · #1622 - March 17, 2025, 12:04:32 PM

Market Insights with Gary Thomson: 17 - 21 March

Market Insights with Gary Thomson: Canada?s Inflation, Fed and BoE Interest Rates, 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 discuss:
- Canada?s Inflation Rate
- Fed Interest Rate Decision
- BoE Interest Rate Decision
- Corporate Earnings Reports

Don?t miss out?gain insights to stay ahead in your trading journey.

Daily Market Analysis By FXOpen in Fundamental_nEI1Via

Watch it now and stay updated with FXOpen.

Don't miss out on this invaluable opportunity to sharpen your trading skills and make informed decisions.

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

Posts: 2719 · #1623 - March 17, 2025, 12:10:55 PM

Spotify (SPOT) Shares Rise by Nearly 7%
Daily Market Analysis By FXOpen in Fundamental_4CdJKuy

According to the stock chart of music streaming giant Spotify (SPOT), the share price:
→ Increased by almost 7% by the end of trading on Friday.
→ Has surged approximately 28% since the start of 2025?one of the strongest performances in the stock market.
→ Has nearly doubled over the past 12 months.

Why Is Spotify (SPOT) Stock Rising?
As we noted late last year, investors have responded enthusiastically to the launch of the ?Premium? plan, which offers higher-quality, ad-free music streaming and is expected to boost the company?s revenue.

Additionally, on Friday, Spotify announced that it had paid out around $10 billion in royalties to artists during 2024. By comparison, in 2014, this figure was ?just? $1 billion.

Daily Market Analysis By FXOpen in Fundamental_3iczjQF

Daily Market Analysis By FXOpen in Fundamental_3iczjQF

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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

#1624 - **Today** at 02:13:03 AM

Posts: 2719 · #1624 - March 17, 2025, 12:18:21 PM

S&P 500 Analysis: How Long Could the Stock Market Correction Last?
Daily Market Analysis By FXOpen in Fundamental_x6OAnOb

Six days ago, we noted that the Nasdaq 100 had entered a correction phase. Now, the S&P 500 (US SPX 500 mini on FXOpen) has followed suit, closing more than 10% below its 19 February peak on Thursday, officially confirming a correction.

Statistically, according to research by Yardeni Research:
→ Market corrections occur quite frequently?since 1929, the S&P 500 has experienced 56 corrections.
→ Only 22 of those corrections turned into bear markets, defined as a drop of 20% or more from recent record highs.

S&P 500 Analysis: How Long Could This Correction Last?
On one hand, Friday?s market rebound suggests that buyers are stepping in.

On the other hand:
→ US Treasury Secretary Scott Bessent stated on Sunday that there are "no guarantees" the world's largest economy will avoid a recession. This came just a week after US President Donald Trump refused to rule out such a scenario.

→ The current correction has lasted 22 days so far, whereas historically, the average correction lasts 115 days and results in a 13.8% decline from the peak.

Daily Market Analysis By FXOpen in Fundamental_CqqZDyf

Daily Market Analysis By FXOpen in Fundamental_CqqZDyf

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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

Posts: 2719 · #1625 - March 18, 2025, 08:50:09 AM

NZD/USD Analysis: Exchange Rate at 2025 High
Daily Market Analysis By FXOpen in Fundamental_vBOHEo1

As shown on the NZD/USD chart today, the exchange rate is around 0.58250?the highest level for the Kiwi against the US dollar since December 2024.

NZD strength is supported by optimism about China's economy, a key trading partner for New Zealand. The Hang Seng Index (Hong Kong 50 on FXOpen) is near three-year highs, driven by:

→ Optimism surrounding AI development in China, including models from DeepSeek and Alibaba.
→ Government stimulus measures boosting the Chinese economy.

Meanwhile, traders are assessing the USD's outlook in light of the Trump administration's trade tariff policies.

Daily Market Analysis By FXOpen in Fundamental_93DQnqz

Daily Market Analysis By FXOpen in Fundamental_93DQnqz

TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

Posts: 2719 · #1626 - March 18, 2025, 09:57:44 AM

BRK.B Share Price Reaches All-Time High
Daily Market Analysis By FXOpen in Fundamental_3eHpbwy

As shown on the chart, the Class B shares of Berkshire Hathaway (BRK.B) have surpassed $520 for the first time in history. Notably, US stock indices remain below their record highs, further highlighting Warren Buffett?s investment acumen.

In late December, we noted that:

→ Berkshire Hathaway (BRK.B) had significantly reduced its position in Apple (AAPL) and refrained from making new purchases.
→ This suggested that Warren Buffett believed US stocks were overvalued and that a market correction was likely.

Once again, Buffett has been proven right. The Telegraph reports that the legendary investor correctly anticipated that Donald Trump would send Wall Street tumbling.

Additionally, Berkshire Hathaway?s latest earnings report, released yesterday, revealed that the company has been investing in the Japanese stock market?likely contributing to the optimism surrounding BRK.B shares.

Daily Market Analysis By FXOpen in Fundamental_heqooS5

Daily Market Analysis By FXOpen in Fundamental_heqooS5

TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

Posts: 20432 · #1627 - March 19, 2025, 09:21:57 AM

The Fed is expected to maintain interest rates at 4.25%?4.5% in the FOMC Meeting policy meeting tonight, Fed Chairman Jerome Powell emphasized that he is not rushing to make a decision despite the uncertainty caused by Trump's trade policies. The market is still waiting for clarity on the direction of policy, and the USD is still getting a weakening sentiment at this time.

Posts: 2719 · #1628 - March 19, 2025, 10:16:34 AM

The Weakest Currencies in Europe
Daily Market Analysis By FXOpen in Fundamental_OpeCnxz

Europe is home to some of the world?s strongest currencies, such as the euro, the British pound, and the Swiss franc. While many European currencies are stable and robust, some find themselves facing economic challenges that lead to them being the weakest in the region.

These currencies are weak for various reasons, including high levels of informal economic activity, dependence on remittances and exports, and political instability. This FXOpen article focuses on the six weakest currencies in Europe.

6 Weakest Currencies in Europe

You will find a list of European currencies ranging from strongest to weakest. Even though the Great British Pound is one of the leading currencies in the region, we decided not to put the weakest currency against GBP. The article compares the values of the European legal tenders to the US dollar. The USD remains a typical benchmark for currency valuation.

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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

Posts: 2719 · #1629 - March 19, 2025, 10:24:35 AM

The Fed May Cut Rates: The Dollar Trades Near Recent Lows
Daily Market Analysis By FXOpen in Fundamental_ndJmGqX

The upcoming trading sessions are packed with key events, potentially triggering heightened volatility in major currency pairs. This morning, the Bank of Japan held its meeting, the Federal Reserve will announce its decision this evening, and tomorrow, the Swiss National Bank and the Bank of England are scheduled to meet. This mix of news could either reinforce current trends or lead to sharp reversals.

USD/CAD
Daily Market Analysis By FXOpen in Fundamental_5Agx211

Daily Market Analysis By FXOpen in Fundamental_5Agx211

As expected, the USD/CAD pair tested the lower boundary of the medium-term range at 1.4470?1.4260. It has yet to break below, as a rebound from 1.4260 allowed buyers to form a bullish ?harami? pattern. If 1.4300 remains a support level, the price could strengthen towards 1.4470?1.4400. However, if sellers push the pair below 1.4300?1.4260, a retest of 1.4160?1.4100 is possible.

TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

Posts: 2719 · #1630 - March 19, 2025, 10:29:51 AM

Gold Price Surpasses $3,000 per Ounce for the First Time in History
Daily Market Analysis By FXOpen in Fundamental_SJiKQJf

Just five days ago, we noted that gold was approaching the $3,000 level and suggested that a breakout could occur this month.

Yesterday, as shown on the XAU/USD chart, the spot price of gold rose above the psychological $3,000 mark for the first time ever. The new all-time high now stands at around $3,045.

Why Is Gold Rising?

Bullish sentiment is being driven by traders positioning themselves ahead of a key event?the Federal Reserve?s interest rate decision, set to be announced today. According to ForexFactory, analysts expect rates to remain unchanged at 4.5%, but surprises cannot be ruled out.

Additionally, gold is becoming more attractive as a safe-haven asset. As reported by Reuters:

→ Tensions in the Middle East are escalating?Israel warns of further casualties, as airstrikes in Gaza have already resulted in over 400 deaths.
→ Gold is gaining amid uncertainty over US tariffs.

Daily Market Analysis By FXOpen in Fundamental_PG4NavJ

Daily Market Analysis By FXOpen in Fundamental_PG4NavJ

TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

#1631 - **Today** at 02:13:03 AM

Posts: 2719 · #1631 - March 19, 2025, 10:34:38 AM

Tesla (TSLA) Shares Among the Biggest Losers Again
Daily Market Analysis By FXOpen in Fundamental_zjmJftZ

As the chart shows, Tesla (TSLA) shares opened yesterday?s trading session with a bearish gap and closed more than 5% lower than the previous day?s close. Meanwhile, the S&P 500 index (US SPX 500 mini on FXOpen) also declined, but by only around 1%.

Why Tesla (TSLA) Shares Fell

The recent two-day decline may be part of a broader downtrend. As we noted earlier in March, one of the key bearish factors could be Elon Musk?s political involvement in the Trump administration. For investors, this may imply that:

→ A significant number of potential Tesla customers may be put off by Musk?s political stance, slowing sales.
→ The CEO may not be paying enough attention to the company at a time of intense competition. Notably, Chinese EV manufacturer BYD Co. (CN:002594) has announced the launch of its Super e-Platform, which can charge a vehicle with a 400-kilometre range in just five minutes.

This sentiment is reflected in analysts? decisions, as they continue to lower their target prices for TSLA shares, further fuelling negative sentiment.

TSLA Price Forecast

According to MarketWatch, RBC Capital Markets has cut Tesla?s target price from $440 to $320 due to a worsening outlook for the company?s robotaxi programme and autonomous driving software.

However, RBC analyst Tom Narayan maintained a ?Buy? rating on Tesla (TSLA) shares, stating that concerns over a sharp sales drop in Europe and China are ?overblown.?

Daily Market Analysis By FXOpen in Fundamental_LFqUG96

Daily Market Analysis By FXOpen in Fundamental_LFqUG96

TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

Posts: 20432 · #1632 - March 19, 2025, 11:18:57 AM

Gold fundamentals are strong, many traders use gold as a safe haven asset, I think gold will still rise. Today Gold jumped above $ 3,035 per troy ounce due to tensions in the Middle East after the Israeli attack on Gaza. In addition, US retail sales data in February weakened, amid worsening consumer sentiment. The global economic slowdown and the risk of a US trade war also boosted gold. Even major banks raised their price targets.

Posts: 2719 · #1633 - March 20, 2025, 10:47:47 AM

How to Trade a High Wave Pattern
Daily Market Analysis By FXOpen in Fundamental_oKtqenK

In the dynamic world of trading, the high wave candlestick pattern emerges as a potent instrument, offering valuable insights to traders as they navigate the intricate terrain of financial markets. As we venture into the setup, this exploration will illuminate its fundamental principles, strategies, and tools that empower traders and investors to decode the intricate language of the financial market.

What Is a High Wave Candlestick Pattern?

The high wave candle pattern is a technical analysis formation traders usually use to identify potential trend reversals in highly fluctuating markets. Still, there might be conditions in which you find this formation during a solid trend, signalling a trend continuation.

It is characterised by a candlestick with a small body and long upper and lower wicks, suggesting indecision and rapid price fluctuations. It often materialises at critical support and resistance levels, making it a vital indicator for potential trend reversals. The candle may have any colour.

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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

Posts: 2719 · #1634 - March 20, 2025, 10:50:40 AM

Yen and Euro Strengthen After Fed Meeting
Daily Market Analysis By FXOpen in Fundamental_t7bR1QC

At yesterday?s Fed meeting, contrary to expert expectations, officials left the benchmark interest rate unchanged at 4.50%. The Fed Chair highlighted a high degree of uncertainty in the current state of the US economy due to changes in tariff policy introduced by Donald Trump?s administration. Jerome Powell also noted rising inflation and a possible economic slowdown, stating that officials need more clarity before adjusting monetary policy.

These statements from the Fed contributed to a broad decline in the US dollar.

EUR/USD
Daily Market Analysis By FXOpen in Fundamental_l9WPXE9

Daily Market Analysis By FXOpen in Fundamental_l9WPXE9

The euro weakened throughout the day yesterday, retreating from its recent highs near 1.0950. After the Fed?s decision, the pair rebounded from 1.0860 and briefly traded above 1.0900.

Technical analysis of EUR/USD suggests the possible start of a downward correction, as a "bearish engulfing" pattern has formed on the daily timeframe. If sellers manage to hold the pair below 1.0860, a retest of the key 1.0800 support level is likely. Conversely, if yesterday?s high is broken, the pair could continue its upward movement towards the psychological level of 1.1000.

TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

Posts: 2719 · #1635 - March 20, 2025, 11:05:30 AM

Alibaba (BABA) Share Price Declines from 40-Month High
Daily Market Analysis By FXOpen in Fundamental_45a8scq

As shown in the Alibaba (BABA) share chart, the price reached a 40-month high this week, surpassing $145 per share.

Bullish sentiment is being fuelled by news related to AI prospects in China. According to media reports:
→ China?s AI spending is increasing through investments from state-owned enterprises, private companies, and local authorities, aiming to keep pace with the US $500 billion Star Gate project.
→ Alibaba plans to invest $52 billion over three years in artificial intelligence and cloud computing.

Daily Market Analysis By FXOpen in Fundamental_SmIPrMD

Daily Market Analysis By FXOpen in Fundamental_SmIPrMD

TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

Daily Market Analysis By FXOpen

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