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Daily Market Analysis By FXOpen in Fundamental_699fadb3a6d85

Daily Market Analysis By FXOpen

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GBP/USD Declines After Bank of England Decision
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Yesterday?s decision by the Bank of England came as a surprise to forex traders. While the Official Bank Rate was left unchanged at 3.75%, markets were caught off guard by the notably dovish signals regarding future policy.

According to media reports, four out of nine Monetary Policy Committee members voted for an immediate rate cut. This has brought forward expectations of easing by the Bank of England, making the pound less attractive to hold and triggering its weakness yesterday.

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#2446 - February 06, 2026, 12:44:56 PM

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Market Analysis: AUD/USD And NZD/USD Build Momentum As Bulls Target Fresh Gains
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AUD/USD started a fresh increase above 0.6980 and 0.7000. NZD/USD is also rising and might aim for more gains above 0.6060.

Important Takeaways for AUD USD and NZD USD Analysis Today
- The Aussie Dollar started a decent increase above 0.6950 against the US Dollar.
- There was a break above a key bearish trend line with resistance at 0.7000 on the hourly chart of AUD/USD at FXOpen.
- NZD/USD is consolidating gains above the 0.5995 pivot zone.
- There is a major bearish trend line forming with resistance at 0.6030 on the hourly chart of NZD/USD at FXOpen.

AUD/USD Technical Analysis
Daily Market Analysis By FXOpen in Fundamental_Rpvcjz54_o
On the hourly chart of AUD/USD at FXOpen, the pair started a fresh increase from 0.6900. The Aussie Dollar was able to clear 0.6950 to move into a positive zone against the US Dollar.

There was a close above 0.6980 and the 50-hour simple moving average. Besides, there was a break above a key bearish trend line with resistance at 0.7000. Finally, the pair tested 0.7035. A high was formed near 0.7037 and the pair recently started a consolidation phase.

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#2447 - February 09, 2026, 01:13:59 PM

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MicroStrategy (MSTR) Shares Rebound After a Dramatic Sell-Off
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Shares of Strategy Incorporated (MSTR) suffered a severe collapse, falling by more than 75% from their July 2025 highs to last Thursday?s low. The main trigger was concern over the cryptocurrency market, as the company holds more than 700,000 coins on its balance sheet, with an average purchase price of around $76,000 per coin.

However, trading opened on Friday with a bullish gap, and MSTR surged by more than 20% during the session. Market sentiment shifted sharply due to two key factors:

→ Quarterly earnings release. Although earnings per share missed expectations, investors were reassured by statements from founder Michael Saylor and CEO Phong Le, who stressed that the decline in the price of the leading cryptocurrency does not threaten the company?s financial stability. Management confirmed that, despite unrealised losses, the core business generates sufficient cash flow to service debt, and the accumulation strategy remains unchanged.

→ Recovery in cryptocurrency prices. After forming a low on Thursday, the BTC/USD rate rebounded, finding support near the psychological $60,000 level.

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#2448 - February 09, 2026, 01:33:31 PM

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Gold Price Climbs Above $5,000 At the Start of the Week
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As shown by today?s XAU/USD chart, gold began the week on a bullish note: trading opened with a bullish gap above Friday?s high, lifting the price above the psychological $5,000 level.

The strengthening of gold has been driven by the following factors (according to media reports):

→ The US dollar, which is weakening ahead of key US economic data. The January employment report is due on Wednesday (it is expected to show signs of stabilisation in the labour market), followed by inflation data on Friday.

→ Political developments in Japan. The decisive victory of Prime Minister Sanae Takaichi has reinforced expectations of large-scale fiscal stimulus (?Sanaenomics?), which traditionally puts pressure on the yen and supports gold.

→ Demand from central banks. It has been reported that China?s central bank extended its gold purchases for the fifteenth consecutive month in January.

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#2449 - February 09, 2026, 01:41:33 PM

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What Is a Change of Character (CHoCH) in Trading? Definition, Signals, and Examples
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In Smart Money Concept (SMC) trading, recognising when market momentum shifts can mean the difference between catching a trend reversal and holding a losing position. The Change of Character (CHoCH) is a price action pattern that can signal these pivotal moments when the balance between buyers and sellers tips. Unlike continuation patterns that confirm ongoing momentum, a CHoCH alerts traders to prepare for directional changes.

This article explores how to identify CHoCH patterns on a chart, explains how they differ from similar concepts like Break of Structure and Market Structure Shift, and demonstrates their practical application through real trading examples.

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#2450 - February 10, 2026, 12:54:00 PM

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#2451 - Today at 02:44:05 PM

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USD/JPY Drops by More Than 1% At the Start of the Week
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As the USD/JPY chart shows, the pair has been exhibiting bearish momentum since the beginning of the week. This move has been driven by a combination of factors:

→ Yen strength on political news. Prime Minister Sanae Takaichi secured a decisive victory in Sunday?s snap election (8 February), winning a parliamentary majority. Although Takaichi has pledged large-scale fiscal stimulus of around ?21 trillion, the prospect of increased money printing has not weakened the currency, as the market may (a) welcome political stability and (b) believe that the Bank of Japan will be forced to respond to inflation by raising interest rates.

→ US dollar weakness ahead of economic data releases. This reflects market sentiment ahead of labour market data due on Wednesday and the CPI report scheduled for Friday. In addition, the dollar?s status has come under pressure after Chinese regulators reportedly recommended limiting investments in US Treasuries.

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#2451 - February 10, 2026, 01:03:27 PM

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Nvidia (NVDA) Shares Rise Towards a Key Resistance Level
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As the Nvidia (NVDA) share chart shows, during yesterday?s trading session the price advanced towards a key resistance area around $192.50, where notable peaks were formed in December 2025 and January 2026. The move was supported by several factors that boosted optimism:

→ Comments from company management. Nvidia CEO Jensen Huang stated that rising spending on AI is justified and reflects a long-term growth phase for the industry.

→ Goldman Sachs analyst Jim Schneider expects Nvidia?s fourth-quarter revenue to exceed forecasts and surpass $67 billion, and also anticipates strong sales and profit figures in the first quarter of the 2026 financial year.

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#2452 - February 10, 2026, 01:13:51 PM

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Market Analysis: EUR/USD Breaks Higher As USD/JPY Loses Bullish Grip
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EUR/USD started a decent upward move above 1.1880. USD/JPY declined below 155.00 and is currently consolidating losses.

Important Takeaways for EUR/USD and USD/JPY Analysis Today
- The Euro found support and started a recovery wave above the 1.1850 resistance zone.
- There is a connecting bullish trend line forming with support at 1.1890 on the hourly chart of EUR/USD at FXOpen.
- USD/JPY is trading in a bearish zone below 156.00 and 155.00.
- There is a short-term bearish trend line forming with resistance at 154.65 on the hourly chart at FXOpen.

EUR/USD Technical Analysis
Daily Market Analysis By FXOpen in Fundamental_VEEQWJft_o
On the hourly chart of EUR/USD at FXOpen, the pair started a fresh increase from 1.1765. The Euro climbed above 1.1800 and 1.1850 against the US Dollar.

The pair even settled above 1.1880 and the 50-hour simple moving average. Finally, it tested the 1.1930 resistance. A high is formed near 1.1928, and the pair is now consolidating gains above the 23.6% Fib retracement level of the upward move from the 1.1765 swing low to the 1.1928 high.

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#2453 - February 11, 2026, 11:08:28 AM

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USD Under Pressure Ahead of NFP: Yen and Loonie in Focus
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The dollar continues to decline ahead of the US January labour market report and has yet to show signs of firm stabilisation. Pressure on the US currency persists, although it is possible that following the release of the employment data the dollar may attempt to steady and find short-term support.

Investors are still trimming dollar positions in advance of the Non-Farm Payrolls report, as well as the unemployment rate and wage growth figures, which are viewed as key indicators for assessing the Federal Reserve?s next steps. After a spike in volatility at the start of the week, trading activity has eased and the market has shifted into wait-and-see mode, watching whether the data will confirm a gradual easing scenario or instead provide grounds for dollar stabilisation and a corrective rebound.

Daily Market Analysis By FXOpen in Fundamental_yrBgmrhh_o

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#2454 - February 11, 2026, 11:13:46 AM

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Silver Price Stabilises
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As indicated by today?s ATR reading on the XAG/USD chart, trading activity has returned to the more normal levels seen prior to the third week of January, when:

→ silver entered a phase of exuberant growth towards its record high around the $120 mark;
→ this was followed by a dramatic collapse towards the $75 area.

The volatility indicator has now fallen back to customary levels, suggesting that supply and demand are gradually moving into balance.

Yesterday?s release of weaker US retail sales data could have served as a bullish catalyst for gold and silver, as signs of slowing economic activity ahead of key employment figures tend to increase demand for safe-haven assets. However, this did not occur, reinforcing the view that the market is stabilising.

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#2455 - February 11, 2026, 11:18:22 AM

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Amazon (AMZN) Shares Struggle to Find Support After Weak Report
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As the chart shows, Amazon (AMZN) shares have displayed pronounced bearish momentum following the release of a weak earnings report on 5 February:

→ Revenue: $213.4 bn (forecast: $211.4 bn)
→ Earnings per share (EPS): actual $1.95, forecast $1.97

According to media reports, particular concern arose after Amazon announced plans to spend $200 bn on capital expenditure in 2026, mainly on AI, data centres, and chips. This represents an increase of roughly 60% from last year and significantly exceeds analysts? expectations of around $146 bn.

Market participants may fear that the AI arms race (against Microsoft and Google) will be extremely costly, monetisation of these technologies could take years, and success is not guaranteed. As a result, we see two wide bearish gaps under the $232 and $220 levels, formed after the earnings release.

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#2456 - February 11, 2026, 11:21:43 AM

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WTI Oil Price Climbs to a Monthly High
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As the XTI/USD chart shows, the price per barrel moved above the 4 February peak yesterday, marking its highest level since the start of the month. The bullish sentiment has been driven by geopolitical uncertainty. According to media reports:

→ The Trump?Netanyahu meeting in Washington on 10?11 February failed to ease tensions. Despite Omani mediation and statements suggesting a ?near compromise?, no formal agreement has yet been reached.

→ Reports of a possible deployment of additional US carrier strike groups to the Middle East have added to market nerves. Any escalation could threaten supplies through the Strait of Hormuz, which accounts for around 20% of global oil consumption.

While the fundamental backdrop remains tense and continues to support higher oil prices, the chart simultaneously points to vulnerability to a pullback.

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#2457 - February 12, 2026, 12:12:48 PM

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Nikkei 225 Retreats From Record High
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As the chart shows, the Nikkei 225 index (Japan 225 on FXOpen) reached a historic high near 58,500 points on Monday. Bullish sentiment was driven primarily by political developments.

According to media reports, the rally followed the decisive victory of the Liberal Democratic Party (LDP) under Sanae Takaichi, who has signalled aggressive fiscal stimulus measures (a package exceeding $135 bn), food tax cuts, and the continuation of an accommodative monetary policy stance.

However, today the Nikkei 225 is showing signs of a pullback. It is possible that major market participants have begun taking profits amid the wave of optimism, as Takaichi?s victory had already been largely priced in, and official confirmation of a parliamentary supermajority may have acted as a trigger to close long positions.

From a technical perspective, a retracement also appears justified.

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#2458 - February 12, 2026, 12:19:42 PM

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Euro And Sterling Rally Slows After Strong US Data
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At the start of the week, the euro and sterling posted solid gains amid dollar weakness and expectations of a more accommodative Federal Reserve policy path, testing local highs. However, the release of the January US employment report shifted market sentiment.

Non-farm payrolls rose by 130K versus a forecast of 66K, the unemployment rate unexpectedly fell to 4.3% (forecast: 4.4%), and average hourly earnings increased by 0.4%, exceeding previous readings. The data confirmed the resilience of the US labour market and supported the dollar, prompting a pullback in EUR/USD and GBP/USD from their recent peaks.

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#2459 - February 12, 2026, 12:22:23 PM

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Nasdaq 100 May Retest This Years Low
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As the chart of the Nasdaq 100 index (US Tech 100 mini on FXOpen) shows, bearish sentiment currently dominates the equity market. Yesterday, the technology index fell by around 2%.

Why Is the Nasdaq 100 Declining?
According to media reports, developments linked to the expansion of AI are weighing on the market:

→ Major technology firms are sharply increasing capital expenditure on infrastructure, yet there is little clarity on when these investments will begin to generate returns. For instance, Google issued bonds this week, including 100-year debt.

→ The impact of AI on traditional business models, particularly companies operating in the software sector.

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#2460 - February 13, 2026, 12:18:45 PM

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