Daily Market Analysis By FXOpen

Posts: 3014 · #1696 - April 14, 2025, 08:05:24 AM

Is There the Best Moving Average (MA) For Swing Trading?
Daily Market Analysis By FXOpen in Fundamental_USz15zs

In swing trading, moving averages are widely used to analyse market trends and identify potential turning points. In this article, we?ll dive into the most commonly used MAs, their unique characteristics, and how they can be applied in swing trading strategies.

What Are Moving Averages?

You definitely know what moving averages are. However, we need to start our article with a brief introduction to this market analysis tool.

A moving average (MA) is a fundamental tool in technical analysis that helps traders understand the direction of a market trend by smoothing out price fluctuations, often touted among the best indicators for swing trading. Instead of focusing on the volatile ups and downs, MAs calculate an average of prices over a specific period, such as 20, 50, or 200 periods. This gives traders a clearer picture of the overall trend by filtering out short-term volatility.

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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: 3014 · #1697 - April 14, 2025, 08:09:54 AM

Market Analysis: AUD/USD & NZD/USD Gain Pace, Bulls Are Back?
Daily Market Analysis By FXOpen in Fundamental_WJlANi5

AUD/USD started a decent increase above the 0.6150 and 0.6200 levels. NZD/USD is also rising and might aim for more gains above 0.5850.

Important Takeaways for AUD USD and NZD USD Analysis Today

The Aussie Dollar rebounded after forming a base above the 0.6000 level against the US Dollar.
There is a connecting bullish trend line forming with support at 0.6260 on the hourly chart of AUD/USD at FXOpen.
NZD/USD is consolidating gains above the 0.5765 zone.
There is a key bullish trend line forming with support at 0.5825 on the hourly chart of NZD/USD at FXOpen.

AUD/USD Technical Analysis
Daily Market Analysis By FXOpen in Fundamental_zzDt8GX

On the hourly chart of AUD/USD at FXOpen, the pair started a fresh increase from the 0.5940 support. The Aussie Dollar was able to clear the 0.6065 resistance to move into a positive zone against the US Dollar.

There was a close above the 0.6200 resistance and the 50-hour simple moving average. Finally, the pair tested the 0.6315 zone. A high was formed near 0.6314 and the pair recently started a consolidation phase.

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: 3014 · #1698 - April 14, 2025, 09:36:16 AM

Trump Exempts Electronics from Tariffs; Nasdaq 100 Opens with Bullish Gap
Daily Market Analysis By FXOpen in Fundamental_c0FPxa5

Despite the weekend, the news flow remained intense amid the escalating trade war. According to media reports:

→ Certain tech products, including those made by Apple, have been exempted from Trump?s tariffs.
→ Trump announced he would make a significant statement regarding semiconductor tariffs on Monday, 14 April.

Stock Indices React to Trump?s Tariff Moves
These announcements were taken positively by the markets. As shown on the chart of the Nasdaq 100 index (US Tech 100 mini on FXOpen), the new week opened with a bullish gap exceeding 1.5% ? a stronger performance than the S&P 500 (US SPX 500 mini on FXOpen), which also saw a bullish gap.

This may suggest that market participants are cautiously optimistic that the sweeping tariff measures might be eased through exemptions, delays, or negotiation concessions. Nevertheless, the CNN Business Fear & Greed Index remains in "extreme fear" territory, despite inching higher compared to last week.

As of this morning, the Nasdaq 100 (US Tech 100 mini on FXOpen) has recovered approximately 15% from its 2025 low.

Daily Market Analysis By FXOpen in Fundamental_tJEYkoq

Daily Market Analysis By FXOpen in Fundamental_tJEYkoq

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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: 3014 · #1699 - April 14, 2025, 12:09:02 PM

Market Insights with Gary Thomson: April 14 - 18

Market Insights with Gary Thomson: UK & Canada Inflation, BOC & ECB Rates, 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, we discuss:
- UK?s Unemployment and Inflation Rates
- Inflation Rate in Canada & BOC Interest Rate Decision
- ECB Interest Rate Decision
- Corporate Earnings Statements

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

Daily Market Analysis By FXOpen in Fundamental_kd03Swd

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 video represents the opinion of the Companies operating under the FXOpen brand only. 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: 3014 · #1700 - April 15, 2025, 06:28:38 AM

5 of the Most Popular Momentum Indicators for Trading
Daily Market Analysis By FXOpen in Fundamental_PDYxFgn

Ready to sharpen your momentum trading skills? In this FXOpen article, we?ll break down how momentum indicators work and the signals they provide, and introduce five of the most widely used momentum tools.

What Is a Momentum Indicator?

Momentum in technical analysis refers to the rate at which an asset's price accelerates or decelerates, helping traders identify potential trend continuations or reversals.

A momentum indicator is a tool used in technical analysis to measure the speed and strength of an asset?s price movements. By analysing changes in price over a specific period, these indicators provide insights into the underlying force driving market trends.

Momentum indicators do not focus on the direction of the price movement itself, but rather the strength behind it. Traders use these tools to gauge whether the market is overbought, oversold, or losing momentum, which helps determine entry or exit points. A stock momentum indicator like the Relative Strength Index (RSI), for instance, may indicate that stocks are currently bought or sold too heavily and their price is due for a reversal.

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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.

#1701 - **Today** at 01:22:09 PM

Posts: 3014 · #1701 - April 15, 2025, 06:38:40 AM

Brent Crude Price Consolidates
Daily Market Analysis By FXOpen in Fundamental_JuQM09Z

When analysing the Brent crude oil price chart six days ago, we:
→ identified a downward channel marked in red;
→ noted that the median line was acting as resistance;
→ suggested the price could find support at the lower boundary of the channel, reinforced by the psychological $60 per barrel level.

As shown on the XBR/USD chart, since then:
→ the price has indeed rebounded from the lower boundary (as indicated by the arrow), rising from its lowest level in nearly four years;
→ the median line has reaffirmed its role as resistance (highlighted by the marker).

Daily Market Analysis By FXOpen in Fundamental_LcvlONq

Daily Market Analysis By FXOpen in Fundamental_LcvlONq

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: 3014 · #1702 - April 15, 2025, 08:59:52 AM

Walmart (WMT) shares reach highest level since early March
Daily Market Analysis By FXOpen in Fundamental_Nmk19CE

As shown on the chart of Walmart (WMT) shares, trading closed yesterday above the $94 mark ? a level not seen since the beginning of March. This means that since the start of 2025, Walmart?s share price has risen by approximately 5.5%.

This positive trend stands in stark contrast to the S&P 500 index (US SPX 500 mini on FXOpen), which has declined by more than 8% over the same period.

Why are Walmart (WMT) shares outperforming the index?

Apparently, from the market?s point of view, this is due to the fact that Walmart?s supermarkets are a source of essential goods for Americans, giving the company an advantage in a scenario where the US economy may slide into recession.

According to Mizuho Bank analyst David Bellinger, Walmart is a sensible choice for investors trying to stay afloat in a volatile market. He forecasts that WMT?s share price could rise to $105 ? around 15% higher than its current level.

Bellinger notes that Walmart continues to attract price-conscious shoppers and has made significant progress in e-commerce, helping the company remain resilient even amid the prospect of economic slowdown.

Daily Market Analysis By FXOpen in Fundamental_UqBCpxk

Daily Market Analysis By FXOpen in Fundamental_UqBCpxk

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: 3014 · #1703 - April 16, 2025, 07:19:54 AM

Risk Management in Day Trading
Daily Market Analysis By FXOpen in Fundamental_oKVNwqQ

Risk management in trading, especially in day trading, is a vital tool for traders as it helps them navigate unpredictable financial landscapes. Day trading, a strategy that involves buying and selling financial assets within the same day, offers the allure of quick gains. However, it comes with heightened risks due to its fast-paced and speculative nature.

In this FXOpen article, we'll explore the risks associated with day trading and provide key points of risk management in trading futures, stocks, currencies, and other financial instruments.

Key Steps for Risk Management in Day Trading

Below you will find the key steps traders may consider before building risk management strategies for day trading.

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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only. 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: 3014 · #1704 - April 16, 2025, 07:27:26 AM

The Dollar Adjusted Amid a Pause in Tariff Policy
Daily Market Analysis By FXOpen in Fundamental_eevJ2K4

Against the backdrop of global economic uncertainty, trade wars, and anticipation of key decisions by central banks, major currency pairs continue to show sensitivity to macroeconomic developments.

Today, market participants are focused on the Bank of Canada meeting, where a decision on the base interest rate will be announced. This event may significantly impact the pricing of USD/CAD. Simultaneously, changes in the monetary policy of the ECB and the Bank of Japan also remain in the spotlight for investors, which could lead to a rebalancing of positions in EUR/USD and USD/JPY pairs.

In the coming days, markets will closely monitor central bank statements, which may set a new direction for major currency pairs.

USD/CAD

Last week, dollar sellers in the USD/CAD pair managed to break through key support at 1.4000. The pair fell sharply, losing around 200 pips. Technical analysis of USD/CAD indicates a potential upward correction towards recently broken levels, as a ?piercing candle? pattern has formed on the daily time frame. If the price drops below 1.3900, a retest of this year?s low at 1.3830 is possible.

Daily Market Analysis By FXOpen in Fundamental_jfufhMU

Daily Market Analysis By FXOpen in Fundamental_jfufhMU

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: 3014 · #1705 - April 16, 2025, 09:18:42 AM

Netflix (NFLX) Share Price Jumps Nearly 5%
Daily Market Analysis By FXOpen in Fundamental_LsGaSfT

According to the charts, Netflix (NFLX) shares rose to their highest level since early April, while the S&P 500 index (US SPX 500 mini on FXOpen) declined by approximately 0.2% yesterday.

Since the beginning of 2025, NFLX?s share price has increased by more than 8%, showing resilience in a volatile stock market that remains sensitive to the escalation of the global trade war.

Why Is Netflix (NFLX) Gaining in Value?
The strong performance may be attributed to three key factors:

Jason Helfstein, an analyst at financial holding company Oppenheimer, believes the company likely faces ?limited? risks. Netflix does not sell tradeable goods subject to tariffs and could even benefit from a potential economic downturn if consumers opt to stay home more often.
According to The Wall Street Journal, Netflix has set a target of reaching a market capitalisation of $1 trillion and doubling its revenue to $39 billion by 2030.
Positive sentiment ahead of the earnings report ? yes, Netflix is one of the first to release its quarterly results.

Daily Market Analysis By FXOpen in Fundamental_Sk3zBcA

Daily Market Analysis By FXOpen in Fundamental_Sk3zBcA

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: 3014 · #1706 - April 16, 2025, 10:41:08 AM

Inflation in the UK Has Fallen
Daily Market Analysis By FXOpen in Fundamental_FcnmO1O

According to Forex Factory, the Consumer Price Index (CPI) reading came in below expectations: while analysts had forecast a decline to 2.7% year-on-year from the previous 2.8%, the actual CPI figure was 2.6%.

Following the release of this news, the GBP/USD exchange rate rose to 1.3280 ? the highest level in seven months.

On the one hand, falling inflation is a sign of a healthy economy and a relief for the Bank of England, especially considering that CPI stood in double digits just two years ago. As a result, analysts may now predict that interest rates could be cut at the meeting scheduled for 8 May.

On the other hand, demand for the dollar remains volatile due to Trump?s tariff policies, fears of a US recession, and a wave of bond sell-offs.

Daily Market Analysis By FXOpen in Fundamental_Jhg7JQf

Daily Market Analysis By FXOpen in Fundamental_Jhg7JQf

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: 3014 · #1707 - April 16, 2025, 10:53:43 AM

Market Analysis: GBP/USD Rockets Higher While EUR/GBP Slips
Daily Market Analysis By FXOpen in Fundamental_yl7GVxB

GBP/USD is gaining pace above the 1.3220 resistance. EUR/GBP declined and is now consolidating losses above the 0.8500 region.

Important Takeaways for GBP/USD and EUR/GBP Analysis Today

The British Pound is attempting a fresh increase above 1.3220.
There is a key bullish trend line forming with support near 1.3245 on the hourly chart of GBP/USD at FXOpen.
EUR/GBP is trading in a bearish zone below the 0.8630 pivot level.
There is a connecting bearish trend line forming with resistance near 0.8570 on the hourly chart at FXOpen.

GBP/USD Technical Analysis
On the hourly chart of GBP/USD at FXOpen, the pair remained well-bid above the 1.2850 level. The British Pound started a decent increase above the 1.3000 zone against the US Dollar.

The bulls were able to push the pair above the 50-hour simple moving average and 1.3150. The pair even climbed above 1.3200 and traded as high as 1.3263. It is now consolidating gains and trading well above the 23.6% Fib retracement level of the upward move from the 1.3030 swing low to the 1.3263 high.

Daily Market Analysis By FXOpen in Fundamental_kyzNCcx

Daily Market Analysis By FXOpen in Fundamental_kyzNCcx

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: 3014 · #1708 - April 17, 2025, 10:48:32 AM

How to Trade with Hybrid Strategies
Daily Market Analysis By FXOpen in Fundamental_wi6iQJQ

In today's intricate financial landscape, traders have an array of strategies at their disposal. This article delves into the core methods?technical, fundamental, and algorithmic/quantitative analysis?and introduces the concept of hybrid strategies. Learn how combining these techniques can offer a balanced approach to trading, enhancing decision-making and risk mitigation.

Creating Hybrid Trading Strategies

In the world of trading, there are primarily two schools of thought: fundamental analysis (FA) and technical analysis (TA). Fundamental analysis delves deep into economic indicators such as GDP, inflation rates, and earnings reports, aiming to assess an asset's intrinsic value.

On the other hand, technical analysis focuses on studying past price movements and trading volumes, often through charts, to predict future activity. You can find all the charts and tools necessary for technical trading strategies over in FXOpen?s free TickTrader platform.

While both approaches have their merits, a growing number of traders are blending these methodologies to create what are known as hybrid strategies.

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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only. 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: 3014 · #1709 - April 17, 2025, 10:51:54 AM

Chipmaker Stocks Declines
Daily Market Analysis By FXOpen in Fundamental_daCMyIJ

According to the charts, semiconductor stocks underperformed the broader equity market yesterday. While the S&P 500 index (US SPX 500 mini on FXOpen) fell by around 2.2%, the drop was far steeper across the chip sector:

→ The bullish semiconductor ETF (SOXL) declined by 15%;
→ Nvidia (NVDA) shares fell by 6.9%;
→ Advanced Micro Devices (AMD) dropped by 7.3%.

In other words, chipmaker stocks dragged down the broader market, raising concerns ahead of the upcoming earnings season.

Why Are Chip Stocks Falling?

The decline stems from corporate assessments of how the escalating global trade war and new tariffs could impact future performance.

According to media reports:
→ AMD expects to face tariffs of up to $800 million on exports to China;
→ For Nvidia, similar levies could exceed $5 billion.
Technical Analysis ? Nvidia (NVDA)

The price continues to fluctuate within a downward channel, previously identified in our analysis:

Daily Market Analysis By FXOpen in Fundamental_qG29qrO

Daily Market Analysis By FXOpen in Fundamental_qG29qrO

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: 3014 · #1710 - April 17, 2025, 11:00:32 AM

Gold Price Surpasses $3,300 for the First Time in History
Daily Market Analysis By FXOpen in Fundamental_3u4ZMse

Just six days ago, we highlighted the historic breakthrough of the $3,200 level for the first time. Now, as the XAU/USD chart shows today, the price of an ounce of gold on global exchanges is fluctuating above $3,300.

Bullish sentiment is being driven by a weakening US dollar and rising trade tensions between the United States and China, which are boosting gold?s appeal as a safe-haven asset. In response to these developments, Goldman Sachs analysts have raised their year-end 2025 forecast to $3,700.

However, technical analysis is beginning to flash some bearish signals.

Technical Analysis of XAU/USD

Using the latest data, we have drawn an ascending channel on the hourly chart that more accurately reflects price action since 8 April. Initially, the price moved within a narrow range, but after breaking the S-line, it found support (indicated by an arrow) at the lower boundary of the channel.

Daily Market Analysis By FXOpen in Fundamental_5IMr9kH

Daily Market Analysis By FXOpen in Fundamental_5IMr9kH

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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