Daily Market Analysis By FXOpen

  • Thread starter Thread starter Resolve
  • Start date Start date
  • Watchers Watchers 10
XAU/USD Chart Analysis: Volatility at a Yearly Low
L3139tY.png


The daily chart of XAU/USD shows that the Average Directional Index (ADX) has reached its lowest level since the beginning of 2025, indicating a significant decline in gold price volatility.

Yesterday’s release of the US Producer Price Index (PPI) initially triggered a sharp spike in gold prices, but the gains were short-lived, with the price quickly reverting to previous levels. This price action aligns with a broader market narrative of equilibrium—where supply and demand are in relative balance, and the market appears to be efficiently pricing in key influencing factors, including geopolitical tensions and tariff-related developments.

However, this fragile balance may soon be disrupted.

PSe1483NJw.jpg


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.
 
How Earnings Reporting Could Impact Netflix (NFLX) Share Price
Dfw4233VPY.png


Earnings season is gaining momentum. Today, after the close of the main trading session, Netflix (NFLX) is set to release its quarterly financial results.

Analysts are optimistic, forecasting earnings per share (EPS) of $7.08, up from $4.88 a year earlier, and revenue growth to $11.1 billion.

The upbeat sentiment is driven by:
→ the fact that Netflix’s business model is relatively resilient to tariff-related pressures;
→ the company’s success in curbing password sharing and promoting a more affordable ad-supported subscription tier.

Netflix has reported revenue growth for six consecutive quarters, outperforming competitors such as Disney, Amazon, and Apple. Its market share has climbed to 8.3%, with YouTube remaining its only serious rival—YouTube's share increased from 9.9% a year ago to 12.8% in June, according to Nielsen. If current trends hold, this reporting quarter could mark another strong performance for Netflix.

However, is the outlook truly that bullish?

QMN3767EyM.jpg


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.
 
Four of the Best Forex Trading Strategies
FwRGVrM.jpg


Navigating the world of forex trading can be a challenging endeavour. Success often hinges on the right strategy, and this article aims to demystify some of the best forex trading strategies across various market conditions. Read on to find tailored approaches for trend, range, scalping, and news trading.

For the best understanding of how they work, consider following along with FXOpen’s free TickTrader platform. There, you’ll find the charts and trading tools necessary to execute these strategies successfully.

VIEW 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.
 
PepsiCo (PEP) Stock Rallies 7.4% Following Earnings Report – What Comes Next?
ZVIJ9424uDk.png


Yesterday, PepsiCo Inc. (PEP) released its quarterly earnings report, which significantly exceeded market expectations:
→ Earnings per share (EPS) came in at $2.12, surpassing the forecast of $2.02.
→ Gross revenue reached $22.7 billion, above the projected $22.3 billion.

In addition, PepsiCo reaffirmed its full-year guidance: the company expects earnings per share to remain virtually unchanged compared to the previous year, while organic revenue is anticipated to grow by a few percentage points.

Executives also outlined development plans for their brand portfolio, emphasising a focus on the growing demand for healthier snacks and a strategic initiative to reduce costs.

These factors contributed to PepsiCo Inc. (PEP) becoming one of the top-performing stocks on the market yesterday – its price surged by 7.4%, reflecting strong investor sentiment. What could come next?

yrs8054jY.jpg


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.
 
US Dollar Index (DXY) Chart Analysis
aFk4061eD.png


The addition of the US Dollar Index (DXY) to FXOpen’s suite of instruments offers traders potential opportunities. This financial instrument:
→ serves as a measure of the overall strength of the US dollar;
→ is not tied to a single currency pair but reflects the value of the USD against a basket of six major global currencies, including the EUR, JPY, and GBP;
→ allows traders to capitalise on price fluctuations in the currency market;
→ is used in more advanced strategies for hedging risks in portfolios sensitive to sharp movements in the US dollar.

In today’s environment of heightened volatility, this instrument becomes particularly valuable. The active stance of US President Donald Trump — through the implementation of trade tariffs, sanctions, and unpredictable geopolitical rhetoric — gives traders even more reason to closely monitor the DXY chart.

oEQC2017Xho.jpg


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.
 
Market Analysis: GBP/USD Dips Further While USD/CAD Consolidates Gains
cdi9837Ax.png


GBP/USD started a downside correction from the 1.3620 zone. USD/CAD declined and now consolidates below the 1.3750 level.

Important Takeaways for GBP/USD and USD/CAD Analysis Today

  • The British Pound started a fresh decline and settled below the 1.3500 zone.
  • There is a connecting bullish trend line forming with support at 1.3415 on the hourly chart of GBP/USD at FXOpen.
  • USD/CAD started a fresh decline after it failed to clear the 1.3775 resistance.
  • There is a key bullish trend line forming with support at 1.3715 on the hourly chart at FXOpen.

GBP/USD Technical Analysis
UzY9532.jpg


On the hourly chart of GBP/USD at FXOpen, the pair struggled above the 1.3600 zone. The British Pound started a fresh decline below the 1.3550 pivot level against the US Dollar, as discussed in the previous analysis.

The pair dipped below the 1.3500 and 1.3450 levels. A low was formed at 1.3364 and the pair is now consolidating losses. On the upside, it is facing resistance near the 1.3475 level. The next key resistance is near 1.3490 and the 50% Fib retracement level of the downward move from the 1.3619 swing high to the 1.3364 low.

An upside break above the 1.3490 zone could send the pair toward 1.3520 and the 61.8% Fib retracement level.

More gains might open the doors for a test of 1.3620. If there is another decline, the pair could find support near the 1.3415 level and a connecting bullish trend line. The first major support sits near the 1.3365 zone.

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.
 
Nasdaq 100: Market Optimism Builds Ahead of Big Tech Earnings
CQZ5151ak.png


The earnings season is gaining momentum. This week, major technology companies such as Alphabet (GOOGL) and Tesla (TSLA) are scheduled to release their quarterly results.

Given that 85% of the 53 S&P 500 companies that have already reported have exceeded analysts’ expectations, it is reasonable to assume that market participants are also anticipating strong results from the big tech names. The Nasdaq 100 index (US Tech 100 mini on FXOpen) set an all-time high last week — a level that may be surpassed (potentially more than once) before the end of August.

OdjO3814ZZI.jpg


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.
 
How Can You Trade with the Evening Doji Star Pattern?
alkP7407tR.jpg


The evening doji star is a well-known candlestick pattern used to highlight potential bearish reversals. It’s made up of three candles and often appears after strong uptrends, catching traders' attention when momentum starts to fade. In this article, we explore the evening doji star, how it forms, and how to trade it.

What Is the Evening Doji Star Pattern?

The evening doji star is a three-candle pattern that may signal a potential bearish reversal after an uptrend. It shows bullish strength giving way to hesitation, then selling pressure.

The three candles are:

- Bullish, typically strong and showing clear buying interest.
- A doji, a candle with little to no real body, where open and close level are nearly equal. This evening star doji signals indecision and may come after a small gap up.
- Sharp bearish that closes deep into the body of the first. This final candle acts as confirmation that sellers may be taking control.

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.
 
Market Insights with Gary Thomson: 21 - 25 July

Market Insights with Gary Thomson: RBA Minutes, BoJ Speech, ECB Decision, UK Sales, Earnings Reports


In this video, we’ll explore the key economic events, market trends, and corporate news shaping the financial landscape. Get ready for expert insights into forex, commodities, and stocks to help you navigate the week ahead. Let’s dive in!

In this episode of Market Insights, Gary Thomson unpacks the strategic implications of the week’s most critical events driving global markets.

Key topics covered in this episode:
— RBA Meeting Minutes
— BoJ Deputy Governor Uchida Speech
— ECB Interest Rate Decision & Press Conference
— UK Retail Sales
— Corporate Earnings Statements

Don’t miss out—gain insights to stay ahead in your trading journey.




Watch it now and stay updated with FXOpen.

Don't miss out on this invaluable opportunity to sharpen your trading skills and make informed decisions.

Disclaimer: This video represents the opinion of the Companies operating under the FXOpen brand only. 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.
 
Analytical Tesla Stock Forecast 2025–2030
zH5288wo.jpg


Tesla (TSLA) remains a dominant force in the electric vehicle (EV) sector, consistently pushing technological and market boundaries since the launch of the original Roadster in 2008. From the Model S to the Cybertruck, the company continues to set new industry benchmarks.

As we look ahead, the key question for investors is: what's next for TSLA stock? In this article, we review Tesla's recent market performance, assess its strategic positioning, and provide analytical forecasts for 2025 through 2030. Our outlook considers both macroeconomic indicators and company-specific catalysts that could influence Tesla’s stock trajectory over the coming years.

Tesla: How It Started
Tesla was established in 2003 by engineers Martin Eberhard and Marc Tarpenning, driven by a vision to develop electric vehicles that could compete with conventional internal combustion cars in both performance and design. Shortly thereafter, Elon Musk joined the company, assuming the role of CEO and spearheading critical investment rounds that played a pivotal role in defining Tesla’s long-term strategic direction.

#tesla #tsla

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.
 
Alphabet (GOOGL) Stock Approaches $200 Ahead of Earnings Release
Yb2532oCQ.png


According to the Alphabet (GOOGL) stock chart, the share price rose by more than 2.5% yesterday. Notably:
→ the price reached its highest level since early February 2025;
→ the stock ranked among the top 10 performers in the S&P 500 by the end of the day.

The positive sentiment is driven by expectations surrounding the upcoming quarterly earnings report, scheduled for release tomorrow, 23 July.

What to Know Ahead of Alphabet’s (GOOGL) Earnings Release
According to media reports, Wall Street analysts forecast Alphabet’s Q2 revenue to grow by approximately 11% year-on-year, with expected earnings per share (EPS) of around $2.17 — up from $1.89 a year earlier. Notably, the company has consistently outperformed estimates for nine consecutive quarters, setting a positive tone ahead of the announcement.

Despite the optimism, investors are closely monitoring two key areas:
→ Cloud computing competition, where Google Cloud contends with Microsoft Azure and Amazon AWS;
→ Growing competition in the search sector, linked to the rise of AI-based platforms such as ChatGPT.

In response, Alphabet is significantly increasing its capital expenditure on AI infrastructure, planning to spend around $75 billion in 2025. These investments are aimed at both defending its core search business and advancing the Gemini AI model, while also strengthening Google Cloud’s market position.

YoTV3888aTo.jpg


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.
 
Natural Gas Price Drops by 7%
ghW3449Oo.png


As the XNG/USD chart shows today, natural gas is trading around $3.333/MMBtu, although yesterday morning the price was approximately 7% higher.

According to Reuters, the decline in gas prices is driven by:

→ Record-high production levels. LSEG reported that average gas output in the Lower 48 rose to 107.2 billion cubic feet per day so far in July, surpassing the previous monthly record of 106.4 billion cubic feet per day set in June.
→ Favourable weather forecasts. Although the peak of summer heat is still anticipated, forecasts indicate that temperatures over the next two weeks may be lower than previously expected.

As a result, today’s XNG/USD chart appears bearish.

YBcC1618JzU.jpg


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.
 
What Is the Piercing Line Candlestick Pattern, and How Do Traders Use It?
JY7700f.jpg


The piercing line is a candlestick pattern that can help traders identify and trade upcoming bullish reversals. Although it’s somewhat rare, when used in a broader analysis toolkit, it is a very valuable technical analysis tool. This article explores the piercing pattern, how it forms, and how traders implement it into their trading strategies.

What Is the Piercing Line Pattern?

The piercing line, also known as the piercing pattern, is a two-candle bullish reversal setup that appears during a downtrend. It’s made up of:

- A strong bearish candle that shows heavy selling.
- A bullish candle that opens lower but then closes at least halfway up the body of the first candle.

That close above the midpoint is key. It indicates that, despite a gap down, buyers were able to recover well into the previous candle. The gap down traps sellers just before buyers step in aggressively. The second candle should have a solid body and close well into the previous range; the deeper it pushes into the bearish candle, the more momentum it shows.

#fxopen #fxopenint #fxopenblog

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.
 
Market Analysis: AUD/USD & NZD/USD Climb as Dollar Weakens
Fxj5176Pwo.jpg


AUD/USD started a decent increase above the 0.6520 level. NZD/USD is also rising and might aim for more gains above 0.6000.

Important Takeaways for AUD/USD and NZD/USD Analysis Today

  • The Aussie Dollar rebounded after forming a base above the 0.6450 level against the US Dollar.
  • There is a connecting bullish trend line forming with support at 0.6540 on the hourly chart of AUD/USD at FXOpen.
  • NZD/USD is consolidating gains above the 0.5980 zone.
  • There was a break above a major bearish trend line with resistance at 0.5980 on the hourly chart of NZD/USD at FXOpen.

AUD/USD Technical Analysis
iIxr6635zxI.png


On the hourly chart of AUD/USD at FXOpen, the pair started a fresh increase from the 0.6450 support. The Aussie Dollar was able to clear the 0.6500 resistance to move into a positive zone against the US Dollar.

There was a close above the 0.6550 resistance and the 50-hour simple moving average. Finally, the pair tested the 0.6565 zone. A high was formed near 0.6564 and the pair recently started a consolidation phase.

On the downside, initial support is near the 0.6540 level. There is also a connecting bullish trend line forming with support at 0.6540. It is close to the 23.6% Fib retracement level of the upward move from the 0.6454 swing low to the 0.6564 high.

The next major support is near the 0.6495 zone. If there is a downside break below it, the pair could extend its decline toward the 0.6480 level. It is close to the 76.4% Fib retracement level.

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.
 
Euro May Extend Gains; Yen Strengthens, but Market Reversal Risks Persist
jg9804F.jpg


The foreign exchange market remains under pressure from prevailing uncertainty, although corrective movements in major currency pairs appear to be nearing completion.

EUR/USD
The EUR/USD pair is trading above 1.1700, showing resilience following a pullback from local highs. The pair is supported by falling US Treasury yields and a broadly weaker US dollar. Tomorrow’s releases of Germany and Eurozone Purchasing Managers’ Indices (PMIs), along with the European Central Bank’s interest rate decision, may determine the short-term trajectory and act as a catalyst for a new impulse. Key support remains at 1.1600.

Technical analysis of EUR/USD suggests a potential retest of recent highs around 1.1810, as a Tweezers formation has developed on the daily timeframe following a rebound from the 1.1550–1.1600 area. A firm break below the base of this pattern would invalidate the scenario of renewed upward momentum.

YQnA3406Qo.png


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.
 
Nikkei 225 Index Surges Above 41,000 Points
nikkei.png

As the chart indicates, the value of the Nikkei 225 stock index (Japan 225 on FXOpen) has risen above the 41,000-point level — its highest mark since July 2024.

The primary bullish driver is the conclusion of a trade agreement between the United States and Japan. According to media reports, the deal will involve Japan paying a 15% duty on exports to the US, down from the previous 25% tariff. Shares of automotive companies are among the top gainers on the Japanese stock market.

European stock indices have also risen, as EU officials are scheduled to visit Washington on Wednesday, raising hopes for a potential US-EU trade agreement.

nikkei.jpg

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.
 
XAU/USD Chart Analysis: Bulls Break Important Resistance
gold.png

When analysing the XAU/USD chart last week, we:

→ noted that the ADX indicator had reached its lowest level since the beginning of 2025 – a clear sign of declining gold price volatility;
→ highlighted the formation of a large-scale triangle with its axis around the $3,333 level, bounded by a resistance line (marked in red) and the lower boundary of the ascending channel.

Since then, the price has climbed above $3,400 – reaching its highest level since mid-June. According to media reports, the uptick in demand may be driven by escalating geopolitical risks, renewed optimism regarding potential monetary policy easing in the US, and consistent gold buying from central banks.

This suggests that the balance has shifted in favour of the bulls, who have made an attempt to break through the resistance line – an attempt that, so far, appears promising and points towards a potential resumption of the upward trend.

gold.jpg

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.
 
Types of Risk in Trading and Risk Management Strategies
dwlHOxg.jpg


Trading in the financial markets brings multiple opportunities and involves certain risks. When a trader knows what can influence asset prices and how to deal with it, their results and overall performance are likely to be better. Employing effective risk management strategies, in addition to general awareness, will help reduce potential losses. This FXOpen article looks at the different types of risks and trading risk management strategies.

Types of Risk in Trading

Professional traders incorporate risk management techniques to keep losses from spiralling out of control. But before we move on to how to minimise risks, let’s identify them. This section explores some major types of risks in trading.

VIEW FULL ARTICLE VISIT - FXOpen Blog...

#fxopen #fxopenint #fxopenblog


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.
 
The Pound Strengthens After Testing Key Support Levels, Retail Sales Data in Focus
Zv2878gGA.jpg


The British currency continues its recovery following a test of key technical support levels. GBP/USD and GBP/CAD have risen amid moderate US dollar weakness and mixed Canadian macroeconomic data. Investor attention remains focused on upcoming economic indicators, which are due to be released over the next trading sessions. Today, the market is closely watching a batch of data from the US and Canada, including updated statistics on initial jobless claims, total continuing claims, and the Chicago Fed National Activity Index. On Friday morning, markets await the release of June retail sales figures from the UK. Against this backdrop, the pound remains highly sensitive to economic data and monetary policy signals. Should UK data prove neutral or stronger than expected, the current upward momentum may persist.

GBP/USD
dpXx3670rbM.png

Following a test of the key support range at 1.3370–1.3400, GBP/USD formed a bullish piercing line pattern. Technical analysis suggests the potential for further upside towards the 1.3610–1.3640 area. However, in the event of weak UK macroeconomic data, the pair may retreat towards 1.3480–1.3510.

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.
 
Tesla Shares (TSLA) Drop Following Earnings Report
BF4423WM.png


Yesterday, after the close of the main trading session on the stock market, Tesla released its quarterly earnings report. While both earnings per share (EPS) and gross profit slightly exceeded analysts’ expectations, the results reflected a negative trend driven by declining sales. This decline is being influenced by intensifying competition from Chinese EV manufacturers as well as Elon Musk’s political activity.

According to Elon Musk:
→ The company is facing “a few tough quarters” due to the withdrawal of electric vehicle incentives in the US;
→ The more affordable Tesla model (mass production expected in the second half of 2025) will resemble the Model Y;
→ By the end of next year, Tesla's financials should become "highly compelling".

Tesla’s share price (TSLA) fell by approximately 4.5% in after-hours trading, clearly reflecting the market’s reaction to the report. Today, the stock is likely to open around the $317 level, down from over $330 just the day before.

iTU6067XA.jpg


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.