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 Kong-listed Chinese companies which have made headway are apparent as the Asia Pacific region's trading session spearheaded the beginning of the week ahead for financial markets. One such company is China Pacific Insurance, whose Hong Kong-listed stock is available for trading as a CFD on FXOpen's TickTrader platform. The company has made some remarkable headway over the past few ..read more

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 highs. But, as Forbes reports, Goldman Sachs analysts warn against extrapolating the results of Bitcoin price movements after past halvings to the current moment. After all, back then, the halvings occurred during a period of loose monetary policy by the Federal Reserve, while this time the Fed is struggling with harsher-than-expected inflation ..read more

Navigating the nuances of Smart Money Concept (SMC) trading requires a keen understanding of market signals like the Change of Character (CHoCH). This concept can help traders detect and react to potential trend reversals. Today, we’ll delve into the mechanics of CHoCHs, explaining how they manifest in different market conditions and how they can be strategically leveraged for trading decisions. Understanding Breaks of Structure Understanding Breaks of Structure (BOS) is essential for traders before delving into concepts like Change of Character (CHoCH). A BOS in trading signifies a continuat ..read more

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 shares his expert insights. UK100 Share Index Rises as UK Inflation Slows The Dollar is Corrected after the Comments of the Head of the Federal Reserve XAU/USD Gold Price Reaches an Important Resistance Zone Since the Beginning of the Week, the Price of Brent Oil Has Fallen by More than 4% Stay in the know and empower yourself with our short, yet power-packed video. Watch it now and stay updated with FXOpen ..read more

The Darvas Box Theory, pioneered by Nicolas Darvas in the 1950s, has transcended its stock market origins to become a valuable tool for forex traders. This method leverages specific price movements and patterns, known as the Darvas Box, to track market trends and make strategic trading decisions. In this article, we’ll break down Darvas’s theory, its rules, and how to apply it to the forex market. Background of Darvas Box Theory The Darvas Box Theory originated from the practices of Nicolas Darvas, a dancer turned investor, in the late 1950s. While touring, Darvas sought a method to grow his ..read more

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; → gross income: actual = USD 9.40 billion, forecast = USD 9.27. → The number of subscribers increased by 9.3 million (expected +4.8 million). However, NFLX's pre-market share price today is hovering around USD 580, about 6% below yesterday's closing price. Negativity manifested itself in: → disappointing forecasts for the 2nd quarter; → investors also did ..read more

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 Israel over the weekend, the price of Brent oil did not rise. Perhaps this happened because Iran's attack was then expected after the attack on its diplomatic mission, and warnings were published in the media. And the initial reaction of financial markets to the escalation tonight looked more dramatic - there was a jump in prices for protective assets: → gold rose in price to ..read more

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 lost more than 200 points and is testing the extremes of 2023 near 0.6400 USD/CAD is trading at three-year highs and has managed to strengthen by 300 points What may affect the pricing of the main currency pairs on the market in the coming trading sessions: speech by the President of the Federal Reserve Bank of Chicago, Austan Goolsbee (today at 17.30 GMT+3.00) publication on the numb ..read more

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 above the 0.6500 level against the US Dollar. · There is a connecting bearish trend line forming with resistance at 0.6410 on the hourly chart of AUD/USD at FXOpen. · NZD/USD declined steadily from the 0.6000 resistance zone. · There is a key bearish trend line forming with resistance at 0.5890 on the hourly chart of NZD/USD at FXOpen. AUD/USD Techni ..read more

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: → easing concerns about the escalation of the conflict between Israel and Iran. Iran is the third-largest producer in the Organization of Petroleum Exporting Countries, according to Reuters, and easing its conflict with Israel reduces the likelihood of supply disruptions in the Middle East. → reduction in oil consumption. JP Morgan analysts noted this week that global ..read more