Recent content by FXOpen Trader

Google Share Price Rose Post-market to a New All-time Record Yesterday, after the close of the main trading session, a report on activities for the 1st quarter of Alphabet Inc. (Google's parent company) was published. The report was strong, exceeding investors' expectations. → Quarterly EPS =...

S&P 500 Rebounds after Negative GDP News Data released yesterday showed US GDP growth slowed to 1.6% in the first quarter of the year. According to ForexFactory: forecast = 2.2%, past value = 2.4%. Reaction to the news sent the S&P 500 mini stock index (US SPX 500 mini on FXOpen) sharply...

GBP/USD And USD/CAD Daily Chart Outlook GBP/USD is attempting a recovery wave from 1.2300. USD/CAD is consolidating and might aim for a move above the 1.3760 resistance zone. Important Takeaways for GBP/USD and USD/CAD Analysis Today The British Pound started a recovery wave above the...

META Share Price Collapses after Publication of Quarterly Report Just yesterday, META's stock price closed at USD 493.50, up approximately 40% since the start of 2024 and up nearly 300% since the start of 2023. However, following the release of Meta's quarterly report, its shares plummeted to...

Yen in Search of New Lows, Commodity Currencies at a low Start In recent trading sessions, the dollar has been trading quite differently to leading currencies. Thus, the yen is reaching historical lows, European currencies have managed to correct, and the Australian and Canadian dollars are...

Ebru Goren Takes the Lead in Championship Standings Hi there, Ebru Goren from Turkey has emerged as the new frontrunner in the championship standings with a gain of 37.59%. Having secured the third-place position in the previous two seasons of the championship, Ebru has consistently...

AUD/USD Rises Sharply on Inflation News The Consumer Price Index for Australia was released this morning. According to ForexFactory: → CPI in quarterly terms: actual = 1.0%, expected = 0.8%, previous value = 0.6%; → CPI in annual terms: actual = 3.5%, expected = 3.4%, previous value = 3.4%...

TSLA Share Price Up About 13% Despite Disappointing Report Yesterday, TSLA trading closed at USD 144.68 per share, after which Tesla reported its results for the 1st quarter: → earnings per share: actual = USD 0.45, forecast = USD 0.49; → gross income: actual = USD 21.45 billion, forecast =...

Market Analysis: Gold Price Corrects Gains While Oil Price Regains Strength Gold price rallied above $2,400 before correcting lower. Crude oil price is rising and it could climb further higher toward the $85.50 resistance. Important Takeaways for Gold and Oil Prices Analysis Today Gold...

Volatility in the Pound Is Rising, the Euro is Consolidating GBP/USD At the end of last week, the British currency fell sharply, testing a significant support level at 1.2300. The resumption of the downward trend for the pair became possible after some statements by British officials: On...

The Price of Gold XAU/USD Shows Strongest Fall in Almost 2 Years On Monday, the price of gold fell from USD 2,386 to USD 2,333 per ounce — this is the strongest drop in one day in almost 2 years, according to Bloomberg. On Tuesday morning in the Asian session, the price continued to decline...

It's Hard Work Not Luck Quantitative Trading Models in Forex: A Deep Dive Find Out More and Get Answers from Experienced Forex Traders and Members of the FXOpen Forum. Learn Forex Trading with FXOpen Forum #fxopenforum #forextrading #fxopen Disclaimer: This article represents the...

Hong Kong-listed Chinese Insurer Goes on Rally as Western Giants Retract The Asia Pacific region has once again become an area of great interest to investors and traders as some remarkable patterns of volatility have begun to make their presence felt. This morning, a few examples of Hong...

Bitcoin Price Bullish after Halving-2024 On April 19, 2024, a halving occurred in the Bitcoin network, resulting in the reward for the mined block amounting to 3.125 BTC. Historically, after the halving (which is associated with a reduction in supply), the price of Bitcoin heads to all-time...

Watch FXOpen's 15 - 19 April Weekly Market Wrap Video Weekly Market Wrap With Gary Thomson: UK100, USD, GOLD, OIL Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and...