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Daily Market Analysis By FXOpen in Fundamental_68922e7c602bf

Daily Market Analysis By FXOpen

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Market Analysis: EUR/USD Targets More Upside As USD/CHF Turns Higher Again
Daily Market Analysis By FXOpen in Fundamental_BUt13hC5_o

EUR/USD started a downside correction from 1.1650. USD/CHF is rising and might aim for a move toward 0.7880 or 0.7900.

Important Takeaways for EUR/USD and USD/CHF Analysis Today
- The Euro struggled to clear 1.1650 and corrected gains against the US Dollar.
- There is a key bullish trend line forming with support at 1.1630 on the hourly chart of EUR/USD at FXOpen.
- USD/CHF is showing positive signs above the 0.7830 zone.
- There was a break above a connecting bearish trend line with resistance at 0.7830 on the hourly chart at FXOpen.

EUR/USD Technical Analysis
Daily Market Analysis By FXOpen in Fundamental_sxVXKEmh_o
On the hourly chart of EUR/USD at FXOpen, the pair gained pace for a move above 1.1600. The Euro tested 1.1650 and recently corrected gains against the US Dollar.

The pair dipped below 1.1635 and the 38.2% Fib retracement level of the upward move from the 1.1588 swing low to the 1.1652 high. However, the bulls were active above 1.1620. There is also a key bullish trend line forming with support at 1.1630.

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.
#2641 - May 27, 2026, 10:10:59 AM

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NZD/USD: RBNZ Decision Strengthens Expectations of Further Rate Hikes
Daily Market Analysis By FXOpen in Fundamental_CS3y0n8u_o

Fundamental backdrop
On 27 May, the Reserve Bank of New Zealand kept the Official Cash Rate (OCR) unchanged at 2.25%, in line with market expectations. However, the decision proved finely balanced: the Monetary Policy Committee voted 3?3, with the final decision resting with Governor Anna Brehman.

In its updated rate projection path, the regulator signalled that the OCR could rise to around 2.8% by the end of the year, implying several rate hikes before year-end. Additional caution stems from the inflation backdrop: the conflict in the Middle East continues to keep inflation above the target range, while the central bank also warned about the weak pace of economic recovery. The split vote and the signal of likely future tightening supported the New Zealand dollar during the Asian session.

Daily Market Analysis By FXOpen in Fundamental_rmQfGXS1_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.
#2642 - May 28, 2026, 08:44:11 AM

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EUR/USD and GBP/USD Range-Bound Ahead of Key US Data
Daily Market Analysis By FXOpen in Fundamental_jjvl0Ktv_o

European currencies continue to trade within established ranges following the heightened volatility of recent weeks. Last week, both EUR/USD and GBP/USD declined before staging a recovery; however, the pairs are once again testing important support levels without developing a sustained directional impulse. Market participants remain cautious amid the absence of fresh geopolitical catalysts and ahead of key macroeconomic data releases from the United States.

Investor attention is primarily focused on the publication of US core Personal Consumption Expenditures (PCE) data, GDP figures, and durable goods orders. These indicators could significantly influence expectations regarding future Federal Reserve policy and determine the next direction for the dollar. Additional market influence is also coming from comments by Bank of England officials and European data on business activity and consumer confidence.

Daily Market Analysis By FXOpen in Fundamental_X6z0bzZw_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.
#2643 - May 28, 2026, 08:53:22 AM

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FTSE 100: Correction Has Ended, but a New Impulse Has Yet to Form
Daily Market Analysis By FXOpen in Fundamental_md7hsPUv_o

Fundamental backdrop
The UK inflation report for April, published on 20 May, delivered unexpectedly positive figures: annual inflation slowed to 2.8% in April 2026 from 3.3% in March, coming in below the consensus forecast of 3.0% and marking the lowest reading since March last year.

Nevertheless, the relief is being viewed as temporary. The unresolved conflict involving Iran continues to exert pressure on oil prices, while the Bank of England maintains a cautious approach towards rate cuts, unwilling to move ahead of incoming inflation data.

Daily Market Analysis By FXOpen in Fundamental_vS7cvFZS_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.
#2644 - May 29, 2026, 09:05:35 AM

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USD/CHF: Consolidation After the Trend
Daily Market Analysis By FXOpen in Fundamental_ezypHRUD_o

Fundamental Backdrop
The Swiss franc remains influenced by two opposing forces. On the one hand, there is steady demand for safe-haven assets amid tariff-related risks stemming from the United States. On the other, the policy stance of the Swiss National Bank (SNB) continues to play a role: in March, the central bank kept its policy rate at zero and reaffirmed its readiness to intervene in the foreign exchange market to prevent excessive franc appreciation.

The Federal Reserve, for its part, is also taking a cautious approach to policy easing. In January, the Fed paused its rate-cutting cycle, citing persistent inflationary pressures. The divergence in the rhetoric of the two central banks has so far failed to provide either side with a sustained advantage.

Daily Market Analysis By FXOpen in Fundamental_AInDLQcy_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.
#2645 - June 01, 2026, 12:34:10 PM

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Daily Market Analysis By FXOpen in Fundamental_6803a6c52eb12
#2646 - Today at 02:57:26 AM

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Candlestick Wick Analysis in Trading
Daily Market Analysis By FXOpen in Fundamental_lqOhd8Z5_o

Candlestick wicks often contain critical information about buying and selling pressure that body patterns alone may not reveal. By analysing wick length and position, traders can understand price rejection, momentum shifts, and liquidity zones.

In forex and CFD markets, sessions run long and liquidity shifts across the day. That setup often produces rejections at session boundaries, round numbers, and structural levels. Wick analysis trading may offer a quick read on sentiment that body-only views can miss. This article explains the candle wick meaning and outlines several strategies traders may use.

What Candle Wicks Show in Price Action
Candle wicks, or shadows, are the thin lines above and below a candlestick?s body that indicate how far the price moved during a specific period. The upper wick marks the highest price reached during the candle's period, and the lower wick marks the lowest.

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.
#2646 - June 02, 2026, 11:05:08 AM

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EUR/GBP: June ECB Meeting Could Bring the Period of Equilibrium to an End
Daily Market Analysis By FXOpen in Fundamental_30405sQY_o

Fundamental backdrop
The divergence in the monetary policy paths of the ECB and the Bank of England is creating a mixed outlook for the pair. Having completed a cycle of eight consecutive rate cuts in 2025, the ECB left its deposit rate unchanged at 2.0% at its April meeting. At the same time, according to Trading Economics, markets are assigning a high probability to a 25-basis-point rate increase as early as 11 June.

The Bank of England, by contrast, remains in wait-and-see mode. On 29 May, Governor Andrew Bailey suggested that inflation could temporarily exceed its target level, indicating that a rate increase from the current 3.75% is unlikely in the near term. As a result, the interest-rate differential between the two central banks could narrow as early as June, and this scenario is weighing on sterling.

Daily Market Analysis By FXOpen in Fundamental_WwpiaCip_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.
#2647 - June 02, 2026, 11:16:32 AM

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USD/JPY and USD/CAD Test Key Levels Ahead of the ADP Employment Report
Daily Market Analysis By FXOpen in Fundamental_Q68LoX50_o

The US dollar is holding on to its recently gained ground following a series of strong macroeconomic releases and a rise in US Treasury yields. Additional support for the greenback comes from resilient inflation readings, expectations that the Federal Reserve will maintain a restrictive policy stance, and cautious investor sentiment ahead of the release of the preliminary ADP employment report. At the same time, market participants continue to monitor oil price dynamics and other economic indicators that could alter perceptions of the health of the US economy.

Despite continued demand for the dollar, the next directional move remains uncertain. Both USD/JPY and USD/CAD have reached important technical resistance levels, where either profit-taking and a local correction may emerge, or a fresh bullish impulse could develop if US labour market data come in stronger than expected.

Daily Market Analysis By FXOpen in Fundamental_oTN2fV80_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.
#2648 - June 03, 2026, 10:06:43 AM

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Gold: Attempt to Break Out of the Short-Term Trend
Daily Market Analysis By FXOpen in Fundamental_uTvL4VMP_o

Fundamental backdrop
In April, US inflation stood at 3.8% year-on-year ? the highest level since May 2023. A significant contribution came from rising fuel prices amid escalating tensions in the Middle East. Market reaction was somewhat paradoxical: instead of inflows into safe-haven assets, the strong CPI print triggered a reassessment of Federal Reserve monetary policy. Expectations of a possible rate hike by the end of the year appear to have strengthened the US dollar and weighed on gold.

By the end of May, the precious metal had lost more than 4% and is currently trading roughly 20% below its January record high. Markets are now awaiting labour market data and comments from Federal Reserve officials as key guidance for the next reassessment of monetary expectations.

Daily Market Analysis By FXOpen in Fundamental_4hfOfIkn_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.
#2649 - June 03, 2026, 10:18:06 AM

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Market Structure Shift (MSS) in Trading
Daily Market Analysis By FXOpen in Fundamental_GKdSldtM_o

A Market Structure Shift (MSS) is an ICT trading concept used to identify potential changes in market direction. It typically occurs when price fails to maintain the existing structure and breaks a key swing level with strong momentum, known as displacement.

Traders use MSS across forex and CFD markets to analyse possible reversals and shifts in momentum. This article explains what MSS means in trading, how traders identify it, and how it differs from BOS and CHoCH.

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.
#2650 - June 03, 2026, 10:37:16 AM

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Euro and Sterling Weaken as the Dollar Strengthens Ahead of Key US Data
Daily Market Analysis By FXOpen in Fundamental_k3ph5Ys5_o

The US dollar continues to hold firm against its major counterparts, supported by strong US macroeconomic data and expectations surrounding the release of further labour market indicators. Additional support for the greenback comes from persistent inflationary risks and the Federal Reserve?s cautious stance regarding further monetary policy easing. Against this backdrop, EUR/USD and GBP/USD remain under pressure, with market participants preferring to reduce long positions in the euro and sterling ahead of the next batch of economic releases.

Daily Market Analysis By FXOpen in Fundamental_eJxBmCOt_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.
#2651 - June 04, 2026, 11:54:00 AM

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NVDA Shares Approach Strong Resistance
Daily Market Analysis By FXOpen in Fundamental_UoCsvxUc_o

Production of NVIDIA processors is concentrated in Taiwan via TSMC, making the company sensitive to US trade policy. In the first quarter of fiscal 2026, NVIDIA recorded a $4.5bn write-down due to restrictions on H20 chip exports to China. At the same time, the revenue structure remains resilient ? around 69% of revenue comes from the US domestic market, where hyperscalers continue to increase purchases of accelerators for data centres.

In the fourth quarter of fiscal 2026, revenue reached $68.1bn, representing a 73% year-on-year increase, while full-year revenue totalled $215.9bn (+65%). In late March, the company announced an expansion of its strategic partnership with Marvell Technology, including a $2bn investment and integration via the NVLink Fusion ecosystem, further extending its presence in the Physical AI and robotics segment. However, the overall macroeconomic backdrop remains subdued.

Daily Market Analysis By FXOpen in Fundamental_kQxhGXuO_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.
#2652 - June 04, 2026, 12:14:37 PM

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Amazon: Record Earnings Are Priced In as the Trend Loses Momentum
Daily Market Analysis By FXOpen in Fundamental_ajs8kJIy_o

Fundamental backdrop
In the first quarter of 2026, Amazon (AMZN on FXOpen) reported a 17% increase in net sales to $181.5 billion. AWS revenue grew by 28% ? its fastest pace in 15 quarters ? while operating margin reached a record 13.1%. These results provided a solid fundamental foundation for the rally in Amazon shares seen from February through early May.

Now that the positive impact of the quarterly earnings release has likely been fully priced in, the market appears to be shifting its focus towards second-quarter prospects. A key event for the period will be the annual Prime Day sales event, scheduled for June 2026.

Daily Market Analysis By FXOpen in Fundamental_QY0pEr92_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.
#2653 - June 08, 2026, 08:09:33 AM

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Tesla: Attempted Decline Following a Corrective Trend
Daily Market Analysis By FXOpen in Fundamental_eJamvxnL_o

The fundamental backdrop surrounding Tesla has been mixed in recent weeks. In the first quarter of 2026, the company exceeded consensus expectations, reporting adjusted EPS of $0.41 versus forecasts of $0.36, while revenue reached $22.38 billion. Gross margin in the automotive segment improved to 19.2%, and the company recorded its largest order backlog in more than two years.

At the same time, corporate developments continue to influence market sentiment. Speculation regarding a potential merger between Tesla and SpaceX has intensified following CNBC reports on 27 May that Elon Musk had discussed a combination of the two companies with colleagues. Against this backdrop, JPMorgan removed its long-standing "underweight" rating on 5 June, ending a bearish stance that had been maintained for years.

Daily Market Analysis By FXOpen in Fundamental_XeKuK44C_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.
#2654 - June 08, 2026, 09:46:59 AM

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NVIDIA: Record Revenue Sustains Interest, but Shares Remain Under Pressure
Daily Market Analysis By FXOpen in Fundamental_C5lgsklg_o

NVIDIA's revenue for the first quarter of fiscal year 2027 surged by 85% to $81.62 billion, marking another record quarter for the company. Adjusted earnings per share came in at $1.87, exceeding the Wall Street consensus forecast of $1.76. The primary driver of growth remains the data centre segment based on the Blackwell architecture, which accounts for approximately 92% of the company's total revenue.

At the same time, uncertainty surrounding the Chinese market persists. Although small batches of H200 chips intended for Chinese customers received approval from US regulators, the company has yet to recognise any revenue from these shipments. Regulatory considerations therefore remain a key source of caution in investor assessments.

Daily Market Analysis By FXOpen in Fundamental_2Rh7XPjj_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.
#2655 - June 09, 2026, 08:50:26 AM
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