Daily Market Analysis By FXOpen

Gold Price Analysis: Market Awaits Key Updates


The ADX indicator on the 4-hour XAU/USD chart has dropped to a multi-month low, signalling the absence of a clear trend.

At the same time, a technical assessment of price movements allows for the construction of a symmetrical triangle pattern with a central axis around $4,205 ? indicating that the current price reflects an equal balance of major drivers, including:

→ Weakening conditions in the US labour market. According to media reports, ADP recorded an unexpected decline of 32,000 private-sector jobs, while Challenger reported 71,000 layoffs in November, bringing the total number of job cuts since the start of the year close to 1.17 million.

→ Rumours that White House economic adviser Kevin Hassett may replace Federal Reserve Chair Jerome Powell in May ? a development that has strengthened expectations of more aggressive policy easing in 2026.



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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.

Netflix to Acquire Warner Bros: How Might This Affect the Price of NFLX Shares?


A major development in the stock market is the news that Netflix is buying the assets of Warner Bros. Discovery for $82.7 billion. How might this influence the price of NFLX shares?

To assess the outlook, context is essential.

In the second half of October, a bearish gap appeared on the NFLX chart following a disappointing earnings report. On 24 October, we noted that the price might find support near the lower boundary of the established trend channel. Indeed, the price staged a modest recovery (as shown by arrow 1), but the upper edge of the gap acted as resistance.

In mid-November, Netflix (NFLX) carried out a stock split ? traditionally viewed as a bullish signal for retail investors. Splits typically make shares more affordable and often lift prices on expectations of fresh liquidity. However, the share price moved lower instead (as indicated by arrow 2).



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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.

ICT Concepts: What Is Inner Circle Trading?


Inner Circle Trading, or ICT for short, is a methodology that explains how to determine the actions of large institutional players, or "smart money", in trading and build a structured trading approach. The methodology includes many concepts that allow traders to spot and follow institutional market participants in different conditions. Explore the core ICT concepts and explain how traders typically apply them to refine directional bias, identify liquidity targets, and develop their trading strategies.

Key Takeaways
ICT explains market movement through institutional behaviour, focusing on liquidity, structure, and order flow rather than indicators.
The Inner Circle Trading method is used across forex, indices, and commodities on intraday and higher timeframes to interpret how major players influence price.
Core ICT concepts include Break of Structure (BOS), Change of Character (CHoCH), Market Structure Shift (MSS), liquidity pools, order blocks, fair value gaps, optimal trade entries, and kill zones.
ICT shows how price targets liquidity, reacts to imbalances, and shifts momentum, giving traders a clearer narrative of market intent.
The framework combines structure, timing, and context, making it a detailed but discretionary approach to analysing market movement.

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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.

Broadcom (AVGO) Shares Hit a Record Ahead of Earnings


Broadcom (AVGO) shares reached an all-time high ahead of the company?s quarterly results, due this Thursday, supported by strong fundamental drivers:

→ Partnership with Microsoft: Media reports suggest Broadcom is in talks with Microsoft to develop custom AI chips.
→ Analyst optimism: UBS called Broadcom a ?top investment? in the AI sector, citing explosive demand for hardware, and raised its price target to $472.
→ Shift in strategy: Market participants believe the company is refocusing on its own chips to win AI hardware market share from Nvidia.

We highlighted additional bullish drivers in our 14 October analysis.



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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.

S&P 500 Index: Chart Analysis Ahead of Fed News


On 2 December, we noted that the final month of the year is traditionally favourable for the S&P 500 index (US SPX 500 mini on FXOpen), as:
→ since around the 1950s, December has been positive in more than 70% of cases;
→ the average monthly gain is approximately +1.0%.

Today, with traders worldwide focused on the Federal Reserve?s interest rate decision and Chair Powell?s subsequent press conference, there is reason to highlight another statistic. According to media reports, in 20 out of 20 instances when equity markets were near record highs and the Fed cut rates, the S&P 500 rose over the following 12 months.

Given the current backdrop ? proximity to all-time highs and expectations of rate cuts ? it is possible that this could become the 21st such case.

An analysis of price action on the 4-hour chart of the S&P 500 (US SPX 500 mini on FXOpen) suggests that the stock market is reflecting nervous anticipation of the news, as the index is trading at roughly the same levels as at the start of December.



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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.

Market Analysis: EUR/USD Stalls at Resistance as USD/JPY Extends Sharp Upside


EUR/USD climbed higher and tested the 1.1680 resistance. USD/JPY managed to reclaim 156.00 and might aim for more gains.

Important Takeaways for EUR/USD and USD/JPY Analysis Today
- The Euro started a downside correction from the 1.1680 pivot zone.
- There is a key declining channel forming with resistance at 1.1640 on the hourly chart of EUR/USD at FXOpen.
- USD/JPY climbed higher above 155.50 and 156.00.
- There is a bullish trend line forming with support near 156.30 on the hourly chart at FXOpen.

EUR/USD Technical Analysis

On the hourly chart of EUR/USD at FXOpen, the pair started a fresh increase from 1.1550. The Euro cleared a few key hurdles near 1.1600 to move into a positive zone against the US Dollar.

The pair settled above 1.1600 and the 50-hour simple moving average. A high was formed at 1.1681, and the pair started a downside correction. There was a drop below 1.1650, and the pair tested the 50% Fib retracement level of the upward move from the 1.1555 swing low to the 1.1681 high.

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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.