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FXOpen Forex Blog | Forex trading, cryptocurrency trading - Cryptocurrency
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EUR/USD Rises to 4-Week High | Market Pulse
As shown on the EUR/USD chart today, the euro rose to a 4-week high against the US dollar this morning. The euro's strength relative to the US dollar is supported by traders’ expectations ahead of the ECB's interest rate decision, scheduled for Thursday at 15:15 GMT+3. This
Musk Steps Away from Politics: What Does It Mean for Tesla (TSLA) Stock? | Market Pulse
Yesterday, it was announced that Elon Musk will be stepping down from the Trump administration as his term as head of DOGE—where he focused on reducing government spending—has come to an end. This decision follows his statement at the economic forum in Qatar, where Musk said he plans
Commodity Currencies Retreat from Highs Ahead of Fed Minutes Release | Market Pulse
The AUD/USD and NZD/USD currency pairs are experiencing a corrective pullback after reaching medium-term highs earlier this week. This movement comes amid a broader reassessment of risk in anticipation of the release of the minutes from the latest Federal Reserve meeting. Investors and market participants are trimming positions
DELL Stock Price Analysis Ahead of Earnings Release | Market Pulse
In addition to Nvidia’s (NVDA) quarterly report, this week financial market participants are also closely watching Dell Technologies’ (DELL) earnings release, scheduled for Thursday, 29 May, after the close of the trading session. According to analysts cited by the media: → the company’s revenue is expected to come in
GBP/USD Analysis: Price Searching for Support | Market Pulse
In the second half of May, the British pound showed notable strength: from its 12 May low, GBP/USD climbed to a peak on 26 May — marking its highest level in over three years. Demand for the pound has been driven by several factors: → A surge in inflation. CPI data
What’s Happening with Nvidia (NVDA) Ahead of Earnings? | Market Pulse
After an extended weekend due to Veterans Day in the US (observed on Monday), financial markets are returning to active trading. The highlight of the week will be Nvidia’s (NVDA) earnings report, scheduled for Wednesday after the close of the main trading session. What You Need to Know Ahead
Analysing the Volatility Spike on the USD/JPY Chart | Market Pulse
The USD/JPY chart offers plenty of noteworthy insights for analysis: → A one-month low was recorded today (marked by the arrow); → This was followed by a sharp upward reversal, with a series of large bullish candlesticks forming on the intraday chart. Why Is USD/JPY Moving Sharply Today? The primary
DAX Stock Index Rises Over 20% Year-to-Date | Market Pulse
The German DAX 40 index (Germany 40 mini on FXOpen) is showing significantly stronger performance than other major global stock indices as of the end of May. For comparison, since the beginning of 2025: → The tech-heavy Nasdaq 100 has remained largely flat; → The S&P 500 is down by 1%
Palantir Technologies (PLTR) Shares Pull Back from Another High | Market Pulse
Shares in Palantir Technologies (PLTR), a company specialising in big data analytics software, have seen phenomenal growth in 2024, surging by approximately 340%, making it the top performer in the S&P 500 (US SPX 500 mini on FXOpen). This exceptional performance was driven by booming demand for artificial intelligence
USD/CAD Rate Drops Towards Yearly Lows | Market Pulse
The USD/CAD chart is currently showing clear signs of a bearish trend, characterised by a sequence of lower highs and lower lows (A→B→C→D→E→F→G). This week’s decline suggests the downward structure may continue to develop, putting the current yearly low around the 1.
Bitcoin Hits All-Time High, Surges Above $110K | Market Pulse
As shown on the BTC/USD chart, the Bitcoin price has broken above the $110K mark, setting a new all-time high around $111,800. This move highlights the strength of the leading cryptocurrency, which has surged nearly 50% in just over one and a half months, rising from a low
Apple (AAPL) share price slips towards psychological $200 level | Market Pulse
Yesterday, Apple shares (AAPL) fell by 2.5%, edging closer to the key psychological threshold of $200. Moreover, the stock is underperforming the broader market, which reached new highs earlier this week — a move AAPL has yet to replicate. Why is AAPL’s stock price declining? According to media reports,
The US Dollar May Revisit Year-to-Date Lows | Market Pulse
Currency pairs such as USD/CAD and USD/JPY continue to trend lower, approaching their year-to-date lows. The decline in the dollar is largely driven by growing investor concerns over the fiscal sustainability of the United States and uncertainty surrounding trade relations with key partners. Last week, Moody’s downgraded
European Currencies Strengthen After Corrective Pullback | Market Pulse
The EUR/USD and GBP/USD currency pairs are showing moderate gains following a recent correction, supported by fundamental factors weakening the US dollar. Trade uncertainty, a rising national debt, and declining confidence in US exceptionalism have led to a fall in US asset values and a rise in the
Tesla (TSLA) Shares Rebound on Musk’s Comments | Market Pulse
According to media reports, speaking via video link at the Qatar Economic Forum, Elon Musk stated that he plans to: → remain Tesla’s CEO for another five years; → reduce his focus on politics, saying he feels he has already done enough; → increase his stake in the company from 12.5%
Oil Prices Surge Amid Threat of Strike on Iran | Market Pulse
As shown on today’s XBR/USD chart, Brent crude oil prices have jumped (as indicated by the arrow) to a one-week high. This surge follows U.S. intelligence reports suggesting that Israel may be preparing to strike Iran’s nuclear facilities. Although CNN, citing officials, noted that it remains
UnitedHealth (UNH) Share Price Rebounds | Market Pulse
A month ago, in our analysis of the UNH chart, we: → highlighted that UnitedHealth shares had lost nearly 23% in value; → drew a descending channel and suggested that bearish pressure could continue, threatening the support level around $450, which had held since early 2022. Since then, UNH’s stock price
Coinbase (COIN) Shares to Be Added to the S&P 500 | Market Pulse
According to media reports, shares of the cryptocurrency exchange Coinbase Global (COIN) are scheduled to be added to the S&P 500 index (US SPX 500 mini on FXOpen) on 19 May, replacing Discover Financial Services (DFS), which is in the final stages of being acquired by Capital One Financial
The Pound Trades Sideways Ahead of Key Macroeconomic Data Releases | Market Pulse
Currency pairs GBP/USD and EUR/GBP continue to exhibit moderate volatility, consolidating within narrow ranges as markets await the release of GDP figures from both the UK and the eurozone. Market participants remain cautious, awaiting key economic indicators that could set the direction for these currency pairs. Additional attention
Tesla Shares (TSLA) Hit Two-Month High | Market Pulse
During Friday’s trading session, Tesla shares briefly rose above the $300 mark — the first time in over two months. Although the daily candle closed below this key psychological level, TSLA still outperformed the broader stock market. This move was supported by: → Investor approval of Elon Musk’s late-April pledge
Buffett Steps Down, Berkshire Shares (BRK.B) Pull Back from Record High | Market Pulse
Berkshire Hathaway has released its quarterly report, which came in slightly below analysts’ expectations: → Earnings per share: actual = $4.46, forecast = $4.72 → Revenue: actual = $90.8bn, forecast = $89.7bn However, the bigger news was not the weaker results, but the decision of legendary 94-year-old Warren Buffett to step down
USD/CAD Consolidates | Market Pulse
In the second half of April, the USD/CAD chart has shown a decline in volatility following significant spikes observed since February. The Canadian dollar has stabilised against the US dollar within the 1.390–1.380 range over the past week, as market participants assess what a fair USD/
IBM Share Price Falls Following Earnings Report | Market Pulse
Yesterday, after the close of the main trading session, International Business Machines (IBM) released its Q1 earnings report, exceeding Wall Street analysts’ expectations in several key areas. According to FactSet: → Earnings per share came in at $1.60 (forecast = $1.42), although this was below last year’s figure of
The US Dollar Retraces Amid Rumours of Potential Tariff Reductions for China | Market Pulse
Recent US data points to improvement in the manufacturing sector: the Purchasing Managers’ Index (PMI) reached 50.7, exceeding forecasts. However, both the composite index and the services PMI came in below expectations. Particular attention is being drawn to discussions within the White House regarding a potential reduction in tariffs
USD/CHF Rebounds from Multi-Year Low | Market Pulse
As the charts show, the USD/CHF exchange rate fell below 0.810 US dollars per franc earlier this week. The pair had not traded this low since the 2008 financial crisis. Demand for the Swiss franc as a safe-haven currency was driven by concerns over the escalation of the
Alphabet (GOOGL) Shares Hover Near Psychological Level Ahead of Earnings Report | Market Pulse
On 31 March, we noted that bearish sentiment could push Alphabet’s (GOOGL) share price towards the psychological level of $150. As the current price chart suggests, GOOGL is now trading close to that very level. Moreover, the price is approximately equidistant from the recent highs and lows (marked A
Gold Price Plunges After Climbing to $3,500 for the First Time | Market Pulse
As the XAU/USD chart shows: → Yesterday, the spot gold price stopped just a few cents short of the key psychological level of $3,500 (and even exceeded it on the futures market); → But this morning, an ounce is trading around $3,300, having dropped aggressively by more than 5%