Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. Market Analysis
  3. Fundamental
  4. Daily Market Analysis By FXOpen

Daily Market Analysis By FXOpen in Fundamental_67f83ac065b44

Daily Market Analysis By FXOpen

Discussion started on Fundamental

Print
Pages: 1 ... 144 145 [146] 147   Go Down

FXOpen Trader

  • Hero Member
  • Posts: 2705
  • Points: 83713
  • Likes Received: 290
  • Reputation: +8/-2
Commodity Currencies Weaken Amid Escalating Trade Tensions
Daily Market Analysis By FXOpen in Fundamental_1Dh1Do3I_o

The Australian and Canadian dollars weakened after Donald Trump announced plans to impose 100% tariffs on Chinese goods. The escalation in trade tensions between the world?s two largest economies has increased market caution and weighed on risk-sensitive currencies.

Trump stated that the tariffs would come into effect from 1 November or sooner, depending on Beijing?s response. The announcement followed China?s decision to restrict exports of rare earth metals ? a move that fuelled concerns over the stability of global supply chains.

Although Trump later expressed optimism about a ?constructive dialogue? with China, markets interpreted his remarks as a signal for heightened volatility.

This week, traders? focus will remain on further comments from Washington and Beijing, as well as on oil price movements, which continue to be a key driver for USD/CAD. Any softening of rhetoric could support a recovery in commodity currencies, but if the US maintains a hard line, downward pressure on the AUD and CAD may intensify.

USD/CAD
Daily Market Analysis By FXOpen in Fundamental_1f83GeRr_o
News of the proposed tariffs prompted USD/CAD to break out of its medium-term range between 1.3930 and 1.3970. The pair not only pierced the upper boundary but also consolidated above the key psychological resistance level of 1.4000.

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.
#2176 - October 14, 2025, 12:08:27 PM

FXOpen Trader

  • Hero Member
  • Posts: 2705
  • Points: 83713
  • Likes Received: 290
  • Reputation: +8/-2
Broadcom (AVGO) Shares Surge Nearly 10% on OpenAI Partnership News
Daily Market Analysis By FXOpen in Fundamental_o4NmQGg1_o

Last month, news of a partnership with OpenAI served as a powerful bullish catalyst for NVIDIA (NVDA) shares. In October, a similar effect can be seen on the Broadcom (AVGO) chart.

According to media reports, the two companies have been collaborating for 18 months but are now making their partnership public. Their plans for 2026 include launching chip racks developed by OpenAI and based on Broadcom technology.

The rally in AVGO shares was further supported by:
→ President Trump?s conciliatory tone following his earlier remarks about imposing 100% tariffs on Chinese goods;
→ the prospect of a meeting between the Chinese and US leaders in South Korea at the end of October, as announced by US Treasury Secretary Scott Bessent.

Daily Market Analysis By FXOpen in Fundamental_LrwogqS6_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.
#2177 - October 14, 2025, 12:17:12 PM

FXOpen Trader

  • Hero Member
  • Posts: 2705
  • Points: 83713
  • Likes Received: 290
  • Reputation: +8/-2
Ascending Channels: Key Characteristics and Trading Applications
Daily Market Analysis By FXOpen in Fundamental_Q8hewU1t_o

Recurring market structures are one of the critical parts of technical analysis. The ascending channel is a classic pattern that reflects steady upward movement. In this article, we break down the structure of ascending channels, their trading implications, and how traders may use them to identify price direction.

What Is an Ascending Channel Pattern?
An ascending channel is a common pattern on price charts. Also known as a rising channel pattern or an upward channel pattern, this formation can be found primarily in the uptrend. It is characterised by two parallel lines. As the price of an asset moves higher over time, these two lines are formed by connecting higher highs and lows, creating boundaries that the price interacts with.

According to the theory, ascending channels mark a period of consolidation in a bullish trend, after which an upward breakout is expected to occur. However, a breakdown may happen. Also, in some cases, we can see the pattern in a downtrend, where the price can also break out in any direction.

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.
#2178 - October 14, 2025, 12:31:30 PM

Sponsored

Daily Market Analysis By FXOpen in Fundamental_6803a6c52eb12
#2179 - Today at 01:36:05 PM

FXOpen Trader

  • Hero Member
  • Posts: 2705
  • Points: 83713
  • Likes Received: 290
  • Reputation: +8/-2
What Order Imbalance Is and How It May Be Applied in Trading
Daily Market Analysis By FXOpen in Fundamental_78DPJwj1_o

Grasping the dynamics of order imbalances may help traders interpret shifts in asset prices. By highlighting the real-time tug-of-war between supply and demand, order imbalances offer valuable market insights. In this article, we explore what drives these imbalances and outline a practical approach within the framework of a trading strategy.

Understanding Order Imbalances
Order imbalance, a fundamental concept in forex, crypto*, commodity, and stock markets, refers to a situation where there is a disproportionate number of buy or sell orders for a particular asset. This imbalance of orders can significantly influence asset prices, pushing them up or down depending on the direction of the imbalance. Known also as fair value gaps, they offer a window into the underlying supply and demand dynamics shaping the market at any given moment.

A market imbalance occurs when there's an overwhelming interest from buyers (buy-side imbalance) or sellers (sell-side imbalance) without enough opposite-side orders to match. This scenario typically reflects the market participants' consensus about the asset's future direction.

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.
#2179 - October 15, 2025, 01:27:05 PM

FXOpen Trader

  • Hero Member
  • Posts: 2705
  • Points: 83713
  • Likes Received: 290
  • Reputation: +8/-2
Hidden Divergence Vs Regular Divergence: Basics and Examples
Daily Market Analysis By FXOpen in Fundamental_iA9O60i2_o

Divergence is a popular tool for spotting potential shifts in market direction. While the general principles for identifying divergence are straightforward, distinguishing between regular and hidden forms can be more complex. In this article, we outline the main differences between regular and hidden divergence and demonstrate how traders may interpret their signals using practical examples.

What Is Divergence?
In technical analysis, the term divergence has two meanings. You may have heard of the MACD indicator. It?s an abbreviation for Moving Average Convergence Divergence. In this case, divergence stands for the movement of two lines relative to each other ? they move away from each other. Convergence occurs when the lines move closer together.

The second meaning relates to the topic we will discuss in this article ? how the price and the indicator relate to each other. Traders look for divergence between the price and an oscillator, like the relative strength index, stochastic, awesome oscillator, or MACD. It occurs when the market forms an extreme high or low, but the indicator doesn?t follow.

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.
#2180 - October 15, 2025, 01:54:41 PM

FXOpen Trader

  • Hero Member
  • Posts: 2705
  • Points: 83713
  • Likes Received: 290
  • Reputation: +8/-2
Market Analysis: EUR/USD Attempts Recovery While USD/JPY Corrects Gains
Daily Market Analysis By FXOpen in Fundamental_tMfzWffT_o

EUR/USD is recovering losses from 1.1540. USD/JPY is correcting gains from 153.20 and might decline further below 151.00.

Important Takeaways for EUR/USD and USD/JPY Analysis Today
- The Euro struggled to stay in a positive zone and declined below 1.1650 before finding support.
- There was a break above a connecting bearish trend line with resistance at 1.1590 on the hourly chart of EUR/USD at FXOpen.
- USD/JPY rallied significantly before the bears appeared near 153.20.
- There is a major bearish trend line forming with resistance near 151.55 on the hourly chart at FXOpen.

EUR/USD Technical Analysis
Daily Market Analysis By FXOpen in Fundamental_JmkrcV8M_o
On the hourly chart of EUR/USD at FXOpen, the pair started a fresh decline from 1.1720. The Euro declined below 1.1650 and 1.1600 against the US Dollar.

The pair even declined below 1.1565 and the 50-hour simple moving average. Finally, it tested the 1.1540 zone. A low was formed at 1.1541, and the pair is now recovering losses. There was a move above 1.1600 and a connecting bearish trend line at 1.1590.

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.
#2181 - October 15, 2025, 03:02:54 PM

FXOpen Trader

  • Hero Member
  • Posts: 2705
  • Points: 83713
  • Likes Received: 290
  • Reputation: +8/-2
Gold Price Falls from Above $4,200
Daily Market Analysis By FXOpen in Fundamental_g4ihZzi1_o

The XAU/USD chart shows that gold recently climbed above the $4,200 mark for the first time. The upward momentum has been supported by the ongoing US government shutdown, central bank demand (with reports highlighting a sharp rise in reserves at the Reserve Bank of India), and market focus on US?China trade developments.

According to Trading Economics, on Tuesday President Donald Trump accused China of ?economically hostile? behaviour, citing a halt in soybean imports, and warned of potential retaliatory measures.
Daily Market Analysis By FXOpen in Fundamental_rVHARmqG_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.
#2182 - October 15, 2025, 03:10:10 PM

FXOpen Trader

  • Hero Member
  • Posts: 2705
  • Points: 83713
  • Likes Received: 290
  • Reputation: +8/-2
Market Structure Shift (MSS) in ICT Trading: the Concept and Application
Daily Market Analysis By FXOpen in Fundamental_8mKK48wT_o

In ICT (Inner Circle Trader) methodology, Market Structure Shifts (MSS) provide a framework for understanding how price action evolves. Recognising these shifts may help traders identify potential turning points in trends and build strategies. This article explains the role of MSS, its signals, and how it connects with concepts such as Breaks of Structure and Changes of Character.

Breaks of Structure and Change of Character: Starting with the Basics
Comprehending the dynamics of Breaks of Structure (BOS) and Change of Character (CHoCH) can be crucial for analysing market trends. A Break of Structure occurs when price levels move beyond established support or resistance areas, indicating a potential continuation or acceleration of the current trend. For example, in an uptrend, a BOS is identified when prices break above a previous resistance level, suggesting further upward movement.

Conversely, a Change of Character signifies a possible shift in the market's direction. This occurs when the price action breaks against the prevailing trend, challenging the recent high or low points that served as market barriers. A CHoCH often raises a red flag about the sustainability of the current trend. For instance, in a sustained uptrend, a CHoCH would be marked by a significant downward breach that violates a previous low point, hinting at a weakening of bullish momentum.

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.
#2183 - October 16, 2025, 01:31:49 PM

FXOpen Trader

  • Hero Member
  • Posts: 2705
  • Points: 83713
  • Likes Received: 290
  • Reputation: +8/-2
Triangle Pattern: Construction Rules and Trading Strategies
Daily Market Analysis By FXOpen in Fundamental_0LvhE3cg_o

Markets often pause before making their next significant move, and triangle patterns are one of the signs of this consolidation. By studying symmetrical, ascending, and descending triangles, traders may anticipate breakouts and plan entries or exits. This article explains how traders construct these patterns and incorporate them into their trading strategy.

What Are Triangle Chart Patterns?
Triangle chart patterns are a common technical analysis tool used to understand price movements in financial markets. These patterns form when the price of an asset moves within two converging trendlines, creating a triangle shape on a chart. The lines represent support and resistance levels, and as they get closer together, it signals a potential breakout in one direction.

Symmetrical, ascending, and descending are three types of triangle patterns. Each of these patterns reflects a different market sentiment, with symmetrical triangles showing indecision, ascending triangles suggesting a bullish bias, and descending triangles hinting at bearish momentum. These formations are considered useful because they may help traders spot potential breakouts, where the price might move sharply up or down after a period of consolidation.

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.
#2184 - October 16, 2025, 01:34:19 PM

FXOpen Trader

  • Hero Member
  • Posts: 2705
  • Points: 83713
  • Likes Received: 290
  • Reputation: +8/-2
Euro and Pound Rebound Ahead of Key Data Releases
Daily Market Analysis By FXOpen in Fundamental_NQSq0wEe_o

The euro and the pound have found some support after a series of declines, although neither has yet managed to break convincingly above key resistance levels. The market remains in anticipation of fresh fundamental signals that could confirm or challenge a potential trend reversal.

Traders? focus is now on forthcoming UK economic reports, including GDP, industrial production, and trade balance data. In the euro area, attention will turn to figures on the trade balance and Italian inflation, as well as the Bundesbank?s monthly report. The upcoming IMF meeting is also likely to attract interest.

During the US session, markets will be watching construction and manufacturing data from the Philadelphia Fed. These figures could influence the dollar?s direction and set the tone for the remainder of the trading week. The market remains highly sensitive to macroeconomic developments: upbeat data from Europe or the UK could support the euro and sterling, while strong US figures may restore pressure on European currencies.

GBP/USD
Daily Market Analysis By FXOpen in Fundamental_Yu3dsJKT_o
For GBP/USD, the technical outlook remains mixed. As expected, the pair continued its downtrend early in the week, testing the 1.3300?1.3330 range and posting a new October low at 1.3260. On the H4 timeframe, a ?bullish engulfing? pattern has formed.

Technical analysis of GBP/USD suggests potential upside towards 1.3450?1.3490. If buyers fail to defend the 1.3330?1.3360 support area, a retest of recent lows cannot be ruled out.

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.
#2185 - October 16, 2025, 01:36:39 PM

Sponsored

#2186 - Today at 01:36:05 PM

FXOpen Trader

  • Hero Member
  • Posts: 2705
  • Points: 83713
  • Likes Received: 290
  • Reputation: +8/-2
USD/CHF Falls to Two-Week Low
Daily Market Analysis By FXOpen in Fundamental_erXRZOlA_o

This morning, the USD/CHF exchange rate slipped below 0.7944 for the first time since 1 October, as demand for safe-haven assets intensified ? a trend also reflected in yesterday?s record gold price above $4,200.

The traditionally stable Swiss franc is strengthening amid rising global uncertainty and risk aversion:
→ In Japan, the upcoming prime ministerial election could significantly impact monetary policy, while France faces ongoing political turmoil.
→ In the United States, the government shutdown continues, and traders are closely watching developments around a potential trade deal with China, possibly to be discussed during an expected meeting between the two countries? leaders.

Daily Market Analysis By FXOpen in Fundamental_tQ81zQn2_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.
#2186 - October 16, 2025, 06:17:50 PM

FXOpen Trader

  • Hero Member
  • Posts: 2705
  • Points: 83713
  • Likes Received: 290
  • Reputation: +8/-2
Earnings Season Kicks Off with Strong Bank Results
Daily Market Analysis By FXOpen in Fundamental_uf4bPew6_o

On 3 October, we noted growing optimism in equity markets ahead of the corporate earnings season. That sentiment was validated yesterday as several major banks reported results that exceeded analysts? expectations, helping the S&P 500 index (US SPX 500 mini on FXOpen) rebound from last Friday?s sell-off.

Morgan Stanley (MS) led the rally, with its shares hitting a new all-time high above $166 following a robust quarterly report:

→ Revenue surged to a record $18.2 billion, up 18% year-on-year.

→ Earnings per share (EPS): actual $2.80, vs forecast $2.10.

Daily Market Analysis By FXOpen in Fundamental_wMovU3CN_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.
#2187 - October 16, 2025, 06:43:23 PM

FXOpen Trader

  • Hero Member
  • Posts: 2705
  • Points: 83713
  • Likes Received: 290
  • Reputation: +8/-2
What Is Trendline Breakout Trading?
Daily Market Analysis By FXOpen in Fundamental_NU2gyZ9N_o

Trendline breakouts play an important role in price chart analysis. However, not every break of a trendline carries the same weight. Some may signal genuine shifts, while others prove temporary. In this article, we will explore how to assess, confirm, and trade trendline breakouts while trying to keep risk under control.

Understanding Trendlines
Although you know what trendlines are, let?s briefly go over the subject. Trendlines are tools used in technical analysis to visualise the direction of price movements. Drawing accurate trendlines involves selecting the appropriate highs and lows to connect, so they provide a clear representation of the prevailing trend. According to the established rules, there should be at least two highs/lows to draw a strong trendline. The more points you connect, the more solid the line is supposed to be.

There are trendlines in forex, stock, commodity, index, and cryptocurrency* charts. Still, trendlines on charts of assets experiencing less price volatility may be more solid.

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.
#2188 - October 17, 2025, 12:47:07 PM

FXOpen Trader

  • Hero Member
  • Posts: 2705
  • Points: 83713
  • Likes Received: 290
  • Reputation: +8/-2
EUR/CAD Hits 16-Year High
Daily Market Analysis By FXOpen in Fundamental_mGxvmP07_o

Charts show that the euro strengthened against the Canadian dollar on Thursday, with the pair climbing above 1.6460 for the first time since spring 2009, when the world was still reeling from the global financial crisis.

The current weakness of the Canadian dollar is being influenced by several factors:

→ Trade relations with the United States ? according to media reports, some Canadian industries such as steel and automotive manufacturing are facing competitive disadvantages under the current agreement.

→ Oil prices have fallen to a five-month low, partly due to expectations surrounding a potential meeting between the US and Russian presidents. As we noted on 13 October, the XTI/USD exchange rate could drift towards $55 per barrel.

Meanwhile, the euro has benefited from the softening of the US dollar. Notably, the DXY index has turned lower from a key resistance level ? the upper boundary of the channel identified in our 9 October analysis.

However, an examination of the EUR/CAD chart suggests that the current upward momentum may be losing steam.

Daily Market Analysis By FXOpen in Fundamental_iogRv60E_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.
#2189 - October 17, 2025, 12:56:20 PM

FXOpen Trader

  • Hero Member
  • Posts: 2705
  • Points: 83713
  • Likes Received: 290
  • Reputation: +8/-2
Coinbase (COIN) Shares Fall for Fifth Consecutive Day
Daily Market Analysis By FXOpen in Fundamental_BZhVwgZR_o

As shown on the Coinbase Global (COIN) chart, the company?s share price has dropped below $330, marking a 17% decline from this month?s high.

Bearish sentiment took hold last Friday after Donald Trump floated the idea of imposing 100% tariffs on Chinese goods:
→ Since then, the cryptocurrency market has struggled to find support.
→ Today, BTC/USD fell below $106,000 for the first time since early July.

COIN shares look set to extend their sequence of five consecutive bearish daily candles, as broader equity markets remain under pressure amid reports of losses at several regional US banks ? a situation that some analysts are already comparing to the Silicon Valley Bank collapse in 2023.

The Coinbase (COIN) price chart provides further important insight.

Daily Market Analysis By FXOpen in Fundamental_nO5wqaZM_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.
#2190 - October 17, 2025, 01:03:10 PM
Print
Pages: 1 ... 144 145 [146] 147   Go Up
  1. Forex Zone - Forex Forum
  2. Market Analysis
  3. Fundamental
  4. Daily Market Analysis By FXOpen

Members:

0 Members and 3 Guests are viewing this topic.


Daily Market Analysis By FXOpen in Fundamental_collapse Refresh Activity Stream (It's automatically updated) Open Activity Stream in Popup Activity: