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GBP/JPY Analysis: a Deceptive Calm From early January to today, the GBP/JPY rate has risen by approximately 17%, driven by the Bank of Japan's ultra-loose policy of keeping rates below zero. But since August, the upward trend began to weaken — perhaps faith in the pound was undermined by high...

S&P 500 Analysis: Threat of an Important Support Breakdown is Growing On September 19, we analysed the S&P 500 index, indicating that the market is under pressure. This was an important long term analysis, and let's see what has changed in a month with the news that happened yesterday. A...

AUD/USD and NZD/USD Signal More Downsides AUD/USD declined below the 0.6355 and 0.6330 support levels. NZD/USD is also moving lower and might trade below the 0.5800 zone. Important Takeaways for AUD/USD and NZD/USD Analysis Today The Aussie Dollar started a fresh decline from well above...

Consolidation of Major Currency Pairs Continues The US dollar has resumed growth in almost all directions, but key levels have not yet been broken. Thus, the AUD/USD currency pair is approaching October lows just below 0.6300, the pound/US dollar has retested 1.2100, and the US dollar/yen is...

TSLA Stock Price Breaks 2023 Trend According to the earnings report published yesterday: → Tesla's revenue for the 3rd quarter amounted to USD 23.35 billion, expected USD 24.18 billion; → earnings per share amounted to USD 0.66, expected USD 0.73. That is, the actual numbers turned out to be...

On Factors Influencing the Price of Oil: Biden, Israel, Venezuela Pushing off the lower boundary of the ascending channel, the price of Brent oil rose by more than 8% amid fears of an escalation of conflict in the Middle East, which should pose a problem both for the US economy, which suffers...

NFLX Price Soars 12% after Strong Report Yesterday's closing price was 345.83, but this morning, NFLX's price rose above USD 390 per share in premarket trading. The reason is a strong report: → earnings per share = USD 3.73, expected = USD 3.49; → revenue = USD 8.54 billion, a year ago = USD...

Major Currency Pairs Consolidating in Anticipation of Signals from the Fed In the middle of the current five-day period, the main currency pairs continue to trade in rather narrow ranges. Most likely, investors and market participants are waiting for comments from Jerome Powell on further...

GBP/USD Analysis: Inflation Stabilises, Pound Rises in Price UK inflation data was released this morning, showing that consumer price inflation (CPI) held steady at 6.7% in September, although economists had expected 6.6%, which would mean the CPI would continue to decline from its peak of...

EUR/USD Could Recover, USD/JPY Inches Toward 150.00 EUR/USD is slowly moving higher from the 1.0500 level. USD/JPY is rising and might soon attempt a move above the 150.00 resistance. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro started a decent increase above the...

Pound, Yen, and Euro Test Important Supports The rise in the core consumer price index in the US, published last week, contributed to the start of a new upward impulse for the US dollar. European and commodity currencies interrupted the upward correction that began in early October and...

Bitcoin Tests Psychological Level of $30k Paradoxically, cryptocurrencies, which conceptually pursue decentralization goals, have become overly sensitive to regulatory news. Surprising news from Cointelegraph that the SEC would approve an application for a spot Bitcoin ETF from BlackRock...

Wall Street Awaits Earnings from Tesla and Netflix According to Yahoo Finance, the third-quarter earnings season started well despite the uncertain macroeconomic environment. Already, 32 companies in the S&P 500 have reported earnings, according to Bank of America Research's equity strategy...

Dollar Consolidates Near Record Highs In the US, the August budget report will be published today, followed by September data on retail sales and industrial production tomorrow. Experts expect a slowdown in production dynamics from 0.4% to 0.1%. Sales data could decline from 0.6% to 0.2%...

In One Session, Price of Gold Rose by Approximately $60 The opening price on Friday was around 1,870, the closing price was around 1,930. The reason for the rapid growth of the XAU/USD quote is geopolitical tension. Israeli forces announced a ground operation in the Gaza Strip, which may be...

S&P500 Volatility: Is It 1987 All Over Again? Not Yet! Just over a week has passed since global headlines were dominated by reports on the beginning of renewed and far more serious than usual conflict in Israel and Gaza, drawing attention away from various other subjects, be they social or...

GBP/USD Restarts Decrease, EUR/GBP Aims Higher GBP/USD started a fresh decline from the 1.2335 resistance zone. EUR/GBP is rising and might climb above the 0.8665 resistance. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is again declining and trading below...

Watch FXOpen's 9 - 13 October Weekly Market Wrap Video Weekly Market Wrap With Gary Thomson: OIL & ISRAEL-GAZA CONFLICT , S&P 500 POSITIVE, GOLD RISEN. 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...

EURUSD Analysis: New Test for Support Level of 1.0500 Yesterday, another indicator of inflation in the United States was published — the CPI (Consumer Price Index). Like the PPI (Producer Price Index), the values of which were published on Wednesday, the CPI index indicated that inflation in...

The Probability of Oil Prices Rising to $100 Is Increasing This week, Saudi energy minister Prince Abdulaziz bin Salman visited Moscow to discuss plans for oil production in the context of the Israeli-Palestinian conflict. The Russian president announced that Saudi Arabia and Russia's...