Daily Market Analysis By FXOpen

Posts: 2705 · #2161 - October 08, 2025, 01:05:47 PM

NZD/USD Rate Drops Sharply After Central Bank Decision
Daily Market Analysis By FXOpen in Fundamental_7xfleS9B_o

This morning, the Reserve Bank of New Zealand (RBNZ) cut its key interest rate. According to Forex Factory, the Official Cash Rate was reduced by 50 basis points from 3.0% to 2.5%, while most analysts had expected a smaller cut to 2.75%.

Moreover, the RBNZ signalled the prospect of further easing following a recent deterioration in economic data. The decisive move caught traders off guard and led to heightened volatility. As shown on the NZD/USD chart, the New Zealand dollar has fallen to its lowest level against the US dollar since mid-April.

The downward momentum has been reinforced by the strengthening of the US dollar ? possibly as investors grow more cautious over a potential government shutdown, prompting them to move into cash.

Daily Market Analysis By FXOpen in Fundamental_ZWOEy8hY_o

Daily Market Analysis By FXOpen in Fundamental_ZWOEy8hY_o

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: 2705 · #2162 - October 08, 2025, 01:14:54 PM

Yen Weakens as Dollar Holds Steady Ahead of Fed Signals
Daily Market Analysis By FXOpen in Fundamental_3VAjk8wc_o

In the currency markets, the yen continues to lose ground rapidly. The sharp decline began on Monday when the USD/JPY pair opened with a price gap and consolidated above 149. It has since extended its rise, approaching 150.10 ? its highest level since August. The move followed Sanae Takaichi?s election as the new leader of Japan?s ruling Liberal Democratic Party, effectively paving her way to the post of prime minister.

Takaichi, known for supporting expansionary fiscal policy, is likely to slow the Bank of Japan?s plans to raise interest rates. This has prompted a reassessment of market expectations: the probability of a rate hike by December has fallen from 68% to 41%.

The USD/CAD pair remains close to key levels, reflecting the consolidation of the US dollar, which has traded without clear direction in recent days. Market sentiment is also being influenced by the looming threat of a US government shutdown, which could delay the release of key macroeconom

Daily Market Analysis By FXOpen in Fundamental_91f2eRBX_o

Daily Market Analysis By FXOpen in Fundamental_91f2eRBX_o

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: 2705 · #2163 - October 08, 2025, 03:38:16 PM

XAG/USD Analysis: Silver Price Growth Slows
Daily Market Analysis By FXOpen in Fundamental_jAIKSswx_o

This morning, we reported that the price of gold has risen above $4,000 for the first time in history. The surge in this safe-haven asset has been driven by political uncertainty in the United States and other countries, as well as sustained demand from central banks.

Against this backdrop, the XAG/USD chart also draws attention, showing that silver prices are following a bullish trend ? though not as confidently as gold. Technical analysis provides further important insights.

Daily Market Analysis By FXOpen in Fundamental_QWRjoWeM_o

Daily Market Analysis By FXOpen in Fundamental_QWRjoWeM_o

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.

#2164 - **Today** at 01:36:05 PM

Posts: 2705 · #2164 - October 09, 2025, 12:31:13 PM

The Quasimodo Pattern: Definition and Trading Approach
Daily Market Analysis By FXOpen in Fundamental_ckoL4lqZ_o

The Quasimodo (QM) pattern is a lesser-known formation that closely resembles the classic Head and Shoulders. While many traders overlook it?or even mistake it for its more popular counterpart?the Quasimodo offers valuable insights for spotting potential reversals. In this article, we explore the definition of the Quasimodo, its mechanics, and trading rules.

What Is Quasimodo (QM) in Forex?
The Quasimodo is a reversal chart pattern forming at the end of a solid trend. It can be spotted on any timeframe of any asset. It means you can find a Quasimodo on forex, stock, and commodity charts. This pattern can be bearish and bullish.

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: 2705 · #2165 - October 09, 2025, 12:38:39 PM

Is It Possible to Find a Best Time to Trade Forex in the UK?
Daily Market Analysis By FXOpen in Fundamental_8uZSbdP2_o

Understanding forex trading hours is important. Operating continuously from Sunday evening to Friday night, the forex market spans different time zones and isn?t tied to a single exchange.

For those based in the UK, recognising the most active forex market trading times might impact results. In this article, we explain the main sessions and explore the forex market hours that may be more attractive for UK traders.

Understanding Forex Market Hours
Understanding currency exchange market hours may be important if you are involved in the global foreign exchange market. Although you may already know this, let us remind you.

The forex market operates on a 24/5 basis, opening during weekdays and closing at weekends. This round-the-clock trading is possible because it?s not tied to a physical location; instead, it relies on a decentralised network of banks, businesses, and individuals exchanging currencies across different time zones.

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: 2705 · #2166 - October 09, 2025, 12:49:26 PM

Euro and Pound Under Pressure as Markets Focus on Upcoming Data
Daily Market Analysis By FXOpen in Fundamental_U6xosptp_o

The euro has resumed its decline amid political uncertainty in France, while the pound remains under pressure, following the broader weakness in European currencies. On Monday, the euro fell to its lowest level in more than a week after the surprise resignation of French Prime Minister S?bastien Lecornu, which deepened the country?s political crisis and fuelled bearish sentiment in the options market. The risk reversal indicator ? a closely watched gauge of market sentiment ? has turned negative, suggesting traders are bracing for further losses. With US trading subdued by the ongoing government shutdown, investor focus has shifted to European developments. In the coming sessions, attention will centre on macroeconomic releases from the eurozone and the United Kingdom, which could set the short-term direction for EUR/USD and GBP/USD.

EUR/USD
Daily Market Analysis By FXOpen in Fundamental_RgrL7enB_o

Daily Market Analysis By FXOpen in Fundamental_RgrL7enB_o

After testing and sharply rebounding from 1.1780, EUR/USD buyers lost upward momentum, allowing the price to settle below 1.1700. Yesterday, the pair hit a new September low at 1.1600 but recovered above that level following the release of the FOMC minutes. A firm move below yesterday?s low could pave the way for further declines towards 1.1530?1.1570, while a sustained rise above 1.1700 may revive bullish momentum and lead to a retest of recent highs near 1.1760?1.1780.

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: 2705 · #2167 - October 09, 2025, 01:02:05 PM

Dollar Index (DXY) Rises to Highest Level in Over Two Months
Daily Market Analysis By FXOpen in Fundamental_2ctwsXkU_o

The chart shows the Dollar Index (DXY) trading above the 99-point level today ? its highest since early August. The dollar?s strength is supported by the weakening of other currencies:

→ The yen is weakening amid expectations of looser monetary policy. Conservative Sanae Takaichi could become the first female prime minister in Japan?s history, pursuing substantial spending and economic stimulus.

→ The euro remains under pressure amid France?s political crisis. Following the resignation of Prime Minister S?bastien Lecornu?s government, President Emmanuel Macron stated he plans to appoint a new prime minister this week.

Will the Dollar Index continue to rise?

Daily Market Analysis By FXOpen in Fundamental_DwyAuIUZ_o

Daily Market Analysis By FXOpen in Fundamental_DwyAuIUZ_o

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: 2705 · #2168 - October 10, 2025, 10:23:47 AM

Identifying and Trading the Cypher Harmonic Pattern
Daily Market Analysis By FXOpen in Fundamental_AWMiwFEk_o

Harmonic trading patterns provide traders with structured setups based on Fibonacci ratios. The Cypher, while less frequent than patterns like the Gartley or Bat, may provide strong reversal signals when determined correctly. Trading the Cypher pattern requires both skill in identifying the formation and discipline in following its entry and exit rules. In this article, we?ll explore how to draw the Cypher, interpret its signals and how traders apply it within a disciplined trading framework.

What Is the Cypher Harmonic Pattern?
The Cypher is a type of harmonic pattern used by traders to identify potential buy and sell trades in financial markets. Specifically, it?s used to help find areas where a reversal may occur.

The pattern is made up of five swing points (X, A, B, C, D) and four legs (XA, AB, BC, CD). It?s characterised by an ?M? shape when bullish and a ?W? shape if bearish. Traders typically place orders at D to catch the potential reversal.

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: 2705 · #2169 - October 10, 2025, 10:30:23 AM

EUR/USD Falls to Two-Month Low
Daily Market Analysis By FXOpen in Fundamental_rkwBug7u_o

As shown on the EUR/USD chart today, the euro has dropped below 1.1550 against the US dollar ? its lowest level since early August. The main driver of pressure on the single currency remains the political crisis in France:

President Emmanuel Macron is currently seeking a candidate for the position of prime minister. The situation is complicated by the fact that:
→ the government needs to quickly approve a rather tight budget reflecting the country?s significant deficit;
→ media reports highlight unrest in the streets;
→ financial market turbulence is intensifying amid uncertainty surrounding the ongoing US government shutdown.

Daily Market Analysis By FXOpen in Fundamental_uTHyBLp6_o

Daily Market Analysis By FXOpen in Fundamental_uTHyBLp6_o

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: 2705 · #2170 - October 10, 2025, 10:36:53 AM

PepsiCo (PEP) Shares Jump Over 4% After Earnings Report ? What?s Next?
Daily Market Analysis By FXOpen in Fundamental_GpqIWujp_o

Yesterday, PepsiCo Inc. (PEP) released its quarterly earnings report, which significantly exceeded expectations:
→ Earnings per share ($2.29) beat estimates of $2.26.
→ Gross revenue ($23.94 billion) also came in above forecasts of $23.94 billion.

According to The Wall Street Journal, PepsiCo will have a new Chief Financial Officer in a month ? Steve Schmitt, a senior executive from Walmart. Analysts suggest that this leadership change could give the company a fresh boost, particularly as it continues to face challenges with sales growth, reflected in a months-long downtrend in its share price.

Daily Market Analysis By FXOpen in Fundamental_4z0zmTmj_o

Daily Market Analysis By FXOpen in Fundamental_4z0zmTmj_o

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.

#2171 - **Today** at 01:36:05 PM

Posts: 2705 · #2171 - October 13, 2025, 09:44:49 AM

Trumps Decision Shakes Global Financial Markets
Daily Market Analysis By FXOpen in Fundamental_4SpjfhPJ_o

On Friday, 10 October, President Trump made an unexpected statement about the possible introduction of 100% tariffs on Chinese goods, triggering sharp price swings across global markets:

→ Stock markets: The S&P 500 index (US SPX 500 mini on FXOpen) tumbled by more than 3%, hitting its lowest level in over a month.
→ Currency markets: The US dollar slumped sharply against other major currencies.
→ Cryptocurrency markets: Bitcoin plunged from above $125k to below $110k, while other digital assets followed suit, leading to the largest long-position liquidation in history.

However, on Sunday, Donald Trump softened his tone on Truth Social, suggesting that trade relations with Beijing ?will be absolutely fine?. Vice President JD Vance echoed this sentiment, adding that the United States is ready for talks if China is ?prepared to act reasonably?.

This shift in rhetoric from US officials helped markets recover, with the S&P 500 index (US SPX 500 mini on FXOpen) rebounding sharply at Monday?s open, reclaiming much of Friday?s losses.

Daily Market Analysis By FXOpen in Fundamental_hyzpXuaA_o

Daily Market Analysis By FXOpen in Fundamental_hyzpXuaA_o

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: 2705 · #2172 - October 13, 2025, 09:58:57 AM

XTI/USD Chart Analysis: Oil Price Falls Below $60
Daily Market Analysis By FXOpen in Fundamental_PSrCYo4F_o

Friday?s comments from President Trump about the potential introduction of 100% tariffs on trade with China pushed WTI crude oil below the $60 level for the first time in four months. The bearish sentiment stemmed from fears of a global economic slowdown amid escalating trade tensions between the world?s two largest economies.

The decline was further supported by news of peace efforts in the Middle East, which reduced the impact of geopolitical risk on oil prices.

As the XTI/USD chart shows, WTI is currently trading below $60. How might the situation unfold next?

Daily Market Analysis By FXOpen in Fundamental_28NapmvA_o

Daily Market Analysis By FXOpen in Fundamental_28NapmvA_o

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: 2705 · #2173 - October 13, 2025, 10:13:26 AM

Market Analysis: GBP/USD Dips Again While EUR/GBP Holds Support
Daily Market Analysis By FXOpen in Fundamental_32L5LYLf_o

GBP/USD failed to climb above 1.3500 and corrected some gains. EUR/GBP started a decent increase and might aim for more gains above 0.8710.

Important Takeaways for GBP/USD and EUR/GBP Analysis Today
- The British Pound is showing bearish signs below the 1.3400 support.
- There is a key bearish trend line forming with resistance near 1.3370 on the hourly chart of GBP/USD at FXOpen.
- EUR/GBP is gaining pace and trading above the 0.8700 handle.
- There is a connecting bullish trend line forming with support at 0.8695 on the hourly chart at FXOpen.

GBP/USD Technical Analysis
Daily Market Analysis By FXOpen in Fundamental_J84Ru0Mj_o

Daily Market Analysis By FXOpen in Fundamental_J84Ru0Mj_o

On the hourly chart of GBP/USD at FXOpen, the pair failed to stay above the 1.3450 pivot level. As a result, the British Pound started a fresh decline below 1.3420 against the US Dollar.

There was a clear move below 1.3400 and the 50-hour simple moving average. The bears pushed the pair below 1.3300. Finally, there was a spike below the 1.3280 support zone. A low was formed near 1.3261 and the pair is now consolidating losses.

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: 2705 · #2174 - October 13, 2025, 11:11:31 AM

Top 10 Currencies That Are Considered the Strongest in Asia
Daily Market Analysis By FXOpen in Fundamental_WVpRPIAT_o

Asia is home to some of the world?s most powerful economies, and this strength is reflected in many Asian countries? currencies. From oil-rich Gulf states to financial hubs like Singapore, the region hosts a diverse mix of currencies that stand out in global markets. These currencies highlight the economic environment, fiscal discipline, and the influence of natural resources.

In this article, we look at the top ten currencies considered the most valuable in Asia and the reasons behind their resilience.

The List of Top 10 Currencies That Are Considered the Strongest in Asia
The currency rate of Asian countries offers insight into their economic health, showing how each nation?s money trades internationally. Stronger currencies typically reflect economic health, resource wealth, or advanced financial systems, while weaker ones may reveal structural challenges.

Below, we present a list of Asian currencies ranked by their value against the US dollar. Using the dollar as the global benchmark allows for clear comparisons between what are seen as Asia?s top 10 currencies.

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: 2705 · #2175 - October 14, 2025, 11:26:51 AM

Silver Price Reaches Record High
Daily Market Analysis By FXOpen in Fundamental_1KkunjNj_o

The previous peak was set in 1980, but this week the price of silver rose above $53 for the first time ever, as shown on the XAG/USD chart.

Bullish sentiment has been driven by political factors, sustained demand from central banks, and the metal?s growing use in modern industries such as renewable energy.

Meanwhile, media reports are adding to the sense of market frenzy, noting:
→ shortages in physical supply;
→ forced liquidation of short positions (the ?short squeeze? effect);
→ bold analyst forecasts ? with a CNBC survey suggesting silver could double from current levels to reach $100.

Daily Market Analysis By FXOpen in Fundamental_oNqzOlJP_o

Daily Market Analysis By FXOpen in Fundamental_oNqzOlJP_o

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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