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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...

Commodity Currencies at Strategic Levels. What Can Affect a Breakdown Downwards? The decline in investor expectations regarding a change in the vector of the Fed's monetary policy contributes to the fall of not only European, but also commodity currencies. So, in recent weeks: AUD/USD has...

NFLX Stock Price Falls Despite Subscriber Growth Yesterday, after the close of the main trading session on the stock market, Netflix reported to investors for the 1st quarter of 2024. The report turned out better than expected: → earnings per share: actual = USD 5.28, forecast = USD 4.52; →...

Escalation Between Iran and Israel: How the Price of Brent Oil Reacts On the night of Thursday into Friday, reports emerged that Israel had attacked Iran following Iran's attack on Israel over the weekend. Let's remember that we wrote on Monday that after a 300 drone and missile attack on...

Market Analysis: AUD/USD and NZD/USD Turn Red AUD/USD declined below the 0.6500 and 0.6455 support levels. NZD/USD is also moving lower and might struggle to recover above 0.5950. Important Takeaways for AUD/USD and NZD/USD Analysis Today The Aussie Dollar started a fresh decline from well...

Since the Start of the Week, Brent Oil Price Has Dropped over 4% At the beginning of the week, March 15, we wrote that the price of Brent oil could form a correction from the resistance level of USD 91 per barrel. Since then, the price has decreased by more than 4% due to a number of factors...

The Dollar is Corrected after the Comments of the Head of the Federal Reserve Good data on the labour market in the United States and the continuous rise in inflation for several months are helping to reduce experts’ expectations about a change in the vector of monetary policy in the United...

UK100 Share Index Rises as UK Inflation Slows Yesterday, the UK Office for National Statistics (ONS) reported that the CPI stood at 3.2% in March. According to ForexFactory, analysts expected 3.1%, and a month ago the index was 3.4%. Grant Fitzner, chief economist at the ONS, said: “Once...

USD/JPY Analysis: Prospect of a Breakout of the Level of 155 Yen per Dollar The USD/JPY rate has consistently reached new highs since 1990, approaching the psychological level of 155 yen per US dollar. The Japanese currency has already fallen about 9% against the dollar this year. This is...

Market Analysis: EUR/USD Nosedives While USD/JPY Extend Rally EUR/USD started another decline and traded below 1.0700. USD/JPY surged and broke the 154.00 resistance zone. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro started a fresh decline below the 1.0695 support...

Long Vuong Emerges As New Leader In FTC2024 Championship Standings Hi there, Long Vuong from Canada has claimed the top spot in the standings of the ongoing championship, showcasing his prowess as an algo-trader with an impressive 15 years of experience in the field. This marks Mr. Vuong's...

GBPUSD Technical Analysis – 16th APR, 2024 GBPUSD – Resistance of Channel is Broken GBPUSD opened this week on an uncertain note after which we can see that the prices have started to move towards the consolidation phase. We can see the resumption of the Uptrend within the Hourly chart of...