#nvidia #NVDA #stockmarket #AI #marketanalysis #MarketNews
Nvidia (NVDA) Shares Rise On Potential Chip Shipments to China
According to Reuters sources, Nvidia has informed Chinese clients of plans to begin shipments of its H200 chips by mid-February 2026. This has been made possible by a recent change in US export policy, which allows the sale of advanced technologies provided a special 25% duty is paid.
NVDA shares reacted positively to the news, as the ability to legally sell high-performance chips — which are roughly six times more powerful than the previously approved, cut-down H20 versions — to major players such as Alibaba and ByteDance could significantly boost Nvidia’s revenues.
Technical Analysis of Nvidia (NVDA)
In November, we identified an ascending price channel, which remains intact.
Today, the NVDA chart shows clear signs of demand dominance:
→ the price reversed higher (as indicated by the arrow) before reaching the lower boundary of the channel, with the $170 level acting as support;
→ bullish gaps were formed at the open of the last two sessions.
Particular attention should be paid to the candle of 19 December:
→ trading volumes were exceptionally high;
→ the candle body was wide, with the session opening at the low and closing at the high.
If the decline from the all-time high is viewed as a corrective “bull flag” pattern (marked in red), it is notable that the price is now testing the upper boundary of that flag. In this context, it is reasonable to assume that if buying pressure remains strong, the price could break out of the correction and move towards the median of the long-term uptrend that has been in place throughout 2025.
Trade global index CFDs with zero commission and tight spreads*. Learn more about trading index CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Nvidia (NVDA) Shares Rise On Potential Chip Shipments to China
According to Reuters sources, Nvidia has informed Chinese clients of plans to begin shipments of its H200 chips by mid-February 2026. This has been made possible by a recent change in US export policy, which allows the sale of advanced technologies provided a special 25% duty is paid.
NVDA shares reacted positively to the news, as the ability to legally sell high-performance chips — which are roughly six times more powerful than the previously approved, cut-down H20 versions — to major players such as Alibaba and ByteDance could significantly boost Nvidia’s revenues.
Technical Analysis of Nvidia (NVDA)
In November, we identified an ascending price channel, which remains intact.
Today, the NVDA chart shows clear signs of demand dominance:
→ the price reversed higher (as indicated by the arrow) before reaching the lower boundary of the channel, with the $170 level acting as support;
→ bullish gaps were formed at the open of the last two sessions.
Particular attention should be paid to the candle of 19 December:
→ trading volumes were exceptionally high;
→ the candle body was wide, with the session opening at the low and closing at the high.
If the decline from the all-time high is viewed as a corrective “bull flag” pattern (marked in red), it is notable that the price is now testing the upper boundary of that flag. In this context, it is reasonable to assume that if buying pressure remains strong, the price could break out of the correction and move towards the median of the long-term uptrend that has been in place throughout 2025.
Trade global index CFDs with zero commission and tight spreads*. Learn more about trading index CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
👍2
#XAGUSD #silver #silverprice #commodities #marketanalysis #MarketNews
Silver Price Hits a Record High Near $72
On 12 December, we noted that silver had climbed above $60. It took the market less than two weeks to advance further and clear the next psychological milestone at $70.
Today, XAG/USD reached $72, extending the sharp rally that began in the autumn. Gold prices have also been showing strong momentum.
The surge in precious metals has been driven by:
→ robust ETF buying from retail investors;
→ rising geopolitical tensions (media reports suggest the US has deployed additional military forces close to Venezuela);
→ reduced liquidity during the holiday period. Thin trading conditions often leave markets exposed to abrupt price swings.
Technical Analysis of XAG/USD
When reviewing the XAG/USD chart two weeks ago, we:
→ identified an ascending channel (marked in blue);
→ outlined the possibility of a pullback from the channel’s upper boundary.
Since then (as indicated by the arrows):
→ the price retreated twice from the upper boundary on 12 and 16 December;
→ on 17 December it broke above the channel;
→ on 19 December the former resistance acted as support, allowing buyers to consolidate above the blue ascending channel.
The current move is characterised by a steep upward trajectory (shown in orange), with the breakout above the $70 psychological level appearing decisive.
With silver trading this morning close to the upper edge of the orange channel and the RSI in overbought territory, the market looks vulnerable to a corrective pullback. Indeed, long holders may be tempted to lock in profits after a gain of nearly 30% since the start of the month.
That said, the unique dynamics of holiday trading could still fuel an attempt to push towards the $80 level.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Silver Price Hits a Record High Near $72
On 12 December, we noted that silver had climbed above $60. It took the market less than two weeks to advance further and clear the next psychological milestone at $70.
Today, XAG/USD reached $72, extending the sharp rally that began in the autumn. Gold prices have also been showing strong momentum.
The surge in precious metals has been driven by:
→ robust ETF buying from retail investors;
→ rising geopolitical tensions (media reports suggest the US has deployed additional military forces close to Venezuela);
→ reduced liquidity during the holiday period. Thin trading conditions often leave markets exposed to abrupt price swings.
Technical Analysis of XAG/USD
When reviewing the XAG/USD chart two weeks ago, we:
→ identified an ascending channel (marked in blue);
→ outlined the possibility of a pullback from the channel’s upper boundary.
Since then (as indicated by the arrows):
→ the price retreated twice from the upper boundary on 12 and 16 December;
→ on 17 December it broke above the channel;
→ on 19 December the former resistance acted as support, allowing buyers to consolidate above the blue ascending channel.
The current move is characterised by a steep upward trajectory (shown in orange), with the breakout above the $70 psychological level appearing decisive.
With silver trading this morning close to the upper edge of the orange channel and the RSI in overbought territory, the market looks vulnerable to a corrective pullback. Indeed, long holders may be tempted to lock in profits after a gain of nearly 30% since the start of the month.
That said, the unique dynamics of holiday trading could still fuel an attempt to push towards the $80 level.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
👍4
#usdchf #forextrading #forexmarket #marketanalysis #MarketNews
USD/CHF Falls to a Three-Month Low
As shown on today’s USD/CHF chart, the US dollar has dropped against the Swiss franc to its lowest level in three months.
In December, the pair has declined by around 1.9%. This move reflects not only US dollar weakness—driven by expectations of further Federal Reserve rate cuts in 2026—but also the strength of the franc, whose appeal has been reinforced by recent news:
→ In December, the Swiss National Bank left its key interest rate unchanged at zero and commented that the reduction in US tariffs on Swiss goods has improved Switzerland’s economic outlook.
→ Rising geopolitical tensions, including developments near the Venezuelan coast.
Technical Analysis of USD/CHF
During November and December, price fluctuations formed a descending channel, with central bank decisions acting as the main catalyst for the decline.
Today’s setup is notable in that:
→ the price is trading close to the lower boundary of the channel;
→ the RSI indicator is showing a bullish divergence.
It is worth noting that the 0.7880 level acted as support in October and November. The current dip may therefore turn out to be a bear trap, referred to in Smart Money Concepts terminology as a liquidity grab.
From this perspective, USD/CHF could stage a corrective rebound towards the channel’s median, in which case a retest of former support around 0.7925 cannot be ruled out.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
USD/CHF Falls to a Three-Month Low
As shown on today’s USD/CHF chart, the US dollar has dropped against the Swiss franc to its lowest level in three months.
In December, the pair has declined by around 1.9%. This move reflects not only US dollar weakness—driven by expectations of further Federal Reserve rate cuts in 2026—but also the strength of the franc, whose appeal has been reinforced by recent news:
→ In December, the Swiss National Bank left its key interest rate unchanged at zero and commented that the reduction in US tariffs on Swiss goods has improved Switzerland’s economic outlook.
→ Rising geopolitical tensions, including developments near the Venezuelan coast.
Technical Analysis of USD/CHF
During November and December, price fluctuations formed a descending channel, with central bank decisions acting as the main catalyst for the decline.
Today’s setup is notable in that:
→ the price is trading close to the lower boundary of the channel;
→ the RSI indicator is showing a bullish divergence.
It is worth noting that the 0.7880 level acted as support in October and November. The current dip may therefore turn out to be a bear trap, referred to in Smart Money Concepts terminology as a liquidity grab.
From this perspective, USD/CHF could stage a corrective rebound towards the channel’s median, in which case a retest of former support around 0.7925 cannot be ruled out.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
👍2
#AUDUSD #forexmarket #tradingforex #marketanalysis #tradingtips
AUD/USD Rises to a Yearly High
As the AUD/USD chart indicates, the pair updated its yearly highs today, reaching levels above 0.6710. Since the beginning of December, it has risen by approximately 2.45%.
Key bullish drivers include:
→ Central bank policy divergence. While the Federal Reserve is cutting interest rates, the Reserve Bank of Australia is seriously discussing the possibility of rate hikes in 2026 (as reflected in the minutes of the latest RBA meeting).
→ Record-high gold prices. As the Australian dollar is a commodity currency, it shows a strong correlation with prices of key export commodities.
Technical analysis of the AUD/USD chart
In December, price action continued to form an ascending channel. In this context:
→ the price found support near the lower boundary between 18 and 22 December;
→ the median line regained its role as support (as indicated by the arrow).
However, bulls have a serious reason for concern.
After breaking above the September high near the 0.6707 level, a Double Top pattern appears to be forming. From a Smart Money Concept perspective, this setup may be interpreted as a bearish liquidity sweep.
Given the above, we can assume that the median line may still act as support. Nevertheless, if bears manage to seize control, the AUD/USD exchange rate could decline towards the lower boundary of the channel and attempt a downside breakout.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
AUD/USD Rises to a Yearly High
As the AUD/USD chart indicates, the pair updated its yearly highs today, reaching levels above 0.6710. Since the beginning of December, it has risen by approximately 2.45%.
Key bullish drivers include:
→ Central bank policy divergence. While the Federal Reserve is cutting interest rates, the Reserve Bank of Australia is seriously discussing the possibility of rate hikes in 2026 (as reflected in the minutes of the latest RBA meeting).
→ Record-high gold prices. As the Australian dollar is a commodity currency, it shows a strong correlation with prices of key export commodities.
Technical analysis of the AUD/USD chart
In December, price action continued to form an ascending channel. In this context:
→ the price found support near the lower boundary between 18 and 22 December;
→ the median line regained its role as support (as indicated by the arrow).
However, bulls have a serious reason for concern.
After breaking above the September high near the 0.6707 level, a Double Top pattern appears to be forming. From a Smart Money Concept perspective, this setup may be interpreted as a bearish liquidity sweep.
Given the above, we can assume that the median line may still act as support. Nevertheless, if bears manage to seize control, the AUD/USD exchange rate could decline towards the lower boundary of the channel and attempt a downside breakout.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
👍1
#AUDUSD #forexmarket #tradingforex #marketanalysis #tradingtips
AUD/USD Rises to a Yearly High
As the AUD/USD chart indicates, the pair updated its yearly highs today, reaching levels above 0.6710. Since the beginning of December, it has risen by approximately 2.45%.
Key bullish drivers include:
→ Central bank policy divergence. While the Federal Reserve is cutting interest rates, the Reserve Bank of Australia is seriously discussing the possibility of rate hikes in 2026 (as reflected in the minutes of the latest RBA meeting).
→ Record-high gold prices. As the Australian dollar is a commodity currency, it shows a strong correlation with prices of key export commodities.
Technical analysis of the AUD/USD chart
In December, price action continued to form an ascending channel. In this context:
→ the price found support near the lower boundary between 18 and 22 December;
→ the median line regained its role as support (as indicated by the arrow).
However, bulls have a serious reason for concern.
After breaking above the September high near the 0.6707 level, a Double Top pattern appears to be forming. From a Smart Money Concept perspective, this setup may be interpreted as a bearish liquidity sweep.
Given the above, we can assume that the median line may still act as support. Nevertheless, if bears manage to seize control, the AUD/USD exchange rate could decline towards the lower boundary of the channel and attempt a downside breakout.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice..
AUD/USD Rises to a Yearly High
As the AUD/USD chart indicates, the pair updated its yearly highs today, reaching levels above 0.6710. Since the beginning of December, it has risen by approximately 2.45%.
Key bullish drivers include:
→ Central bank policy divergence. While the Federal Reserve is cutting interest rates, the Reserve Bank of Australia is seriously discussing the possibility of rate hikes in 2026 (as reflected in the minutes of the latest RBA meeting).
→ Record-high gold prices. As the Australian dollar is a commodity currency, it shows a strong correlation with prices of key export commodities.
Technical analysis of the AUD/USD chart
In December, price action continued to form an ascending channel. In this context:
→ the price found support near the lower boundary between 18 and 22 December;
→ the median line regained its role as support (as indicated by the arrow).
However, bulls have a serious reason for concern.
After breaking above the September high near the 0.6707 level, a Double Top pattern appears to be forming. From a Smart Money Concept perspective, this setup may be interpreted as a bearish liquidity sweep.
Given the above, we can assume that the median line may still act as support. Nevertheless, if bears manage to seize control, the AUD/USD exchange rate could decline towards the lower boundary of the channel and attempt a downside breakout.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice..
👍1
#XAUUSD #goldprice #commodities #marketanalysis #MarketNews
Gold Price Breaks Above $4,500 for the First Time
Just four days ago, we reported on the record breakout above the $4,400 level. The bullish gold market is now providing a new reason for analysis. As the XAU/USD chart shows, the gold price has risen above $4,530 today, marking a new all-time high.
The fundamental backdrop supporting demand for the metal is driven by expectations of monetary policy easing by the Federal Reserve in 2026, a weaker US dollar, and rising geopolitical tensions.
Technical analysis of the XAU/USD chart
The previously established ascending channel has changed in width but has maintained its angle of inclination. In this context:
→ the upper boundary is acting as resistance;
→ the channel median is providing market support.
Note that:
→ following the breakout above the $4,350 level (as indicated by the arrow), the price advanced steadily towards $4,400;
→ however, in recent days the RSI indicator has been forming bearish divergences, suggesting that bullish momentum may be losing strength.
Under these conditions, the market appears vulnerable to the formation of a corrective pullback.
Indeed, after an approximate 70% rally since the beginning of the year, profit-taking from long positions looks increasingly attractive. Nevertheless, given the holiday period, we may see gold price fluctuations simply fade near the newly reached record, with market activity resuming in the new year.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Gold Price Breaks Above $4,500 for the First Time
Just four days ago, we reported on the record breakout above the $4,400 level. The bullish gold market is now providing a new reason for analysis. As the XAU/USD chart shows, the gold price has risen above $4,530 today, marking a new all-time high.
The fundamental backdrop supporting demand for the metal is driven by expectations of monetary policy easing by the Federal Reserve in 2026, a weaker US dollar, and rising geopolitical tensions.
Technical analysis of the XAU/USD chart
The previously established ascending channel has changed in width but has maintained its angle of inclination. In this context:
→ the upper boundary is acting as resistance;
→ the channel median is providing market support.
Note that:
→ following the breakout above the $4,350 level (as indicated by the arrow), the price advanced steadily towards $4,400;
→ however, in recent days the RSI indicator has been forming bearish divergences, suggesting that bullish momentum may be losing strength.
Under these conditions, the market appears vulnerable to the formation of a corrective pullback.
Indeed, after an approximate 70% rally since the beginning of the year, profit-taking from long positions looks increasingly attractive. Nevertheless, given the holiday period, we may see gold price fluctuations simply fade near the newly reached record, with market activity resuming in the new year.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
👍2
#XAGUSD #silver #silverprice #commodities #marketanalysis #MarketNews
Silver Price Surpasses $80 for the First Time. Why Could This Be a Bearish Sign?
As the XAG/USD chart shows, earlier this morning the price of one ounce of silver reached above $83 for the first time. However, this move was followed by an abnormally sharp reversal to the downside.
Why Did the Silver Price Fall?
On 24 December, we not only outlined the fundamental backdrop but also highlighted that the market was vulnerable to sharp price movements due to reduced liquidity during the holiday period.
Now, as the ATR indicator has surged sharply higher—confirming our assumption—it is worth examining the key chart details that point to emerging bearish signals.
Technical Analysis of the XAG/USD Chart
The previously constructed ascending channel (highlighted in orange) has retained its slope, while the following developments occurred:
→ The silver price surge on 26 December (marked by the arrow), with a bullish gap, doubled the ascending channel.
→ At the open of today’s trading session, the price broke above the upper boundary with another bullish gap (marked by the second arrow).
It is important to note that:
→ The sharp surge in silver prices towards a historic high may have been driven by a shortage of seller liquidity at the opening of financial markets during the final week of the year.
→ The aggressive nature of the subsequent decline towards $75 appears to be a clear sign of a shift in market sentiment.
→ Wide candlesticks indicate heightened activity from so-called “smart money”.
Taking the above into account, we can assume that large long-position holders are actively locking in profits after silver prices have risen by approximately 160% since the beginning of 2025. If this hypothesis proves correct, a break below the lower boundary of the orange ascending channel may follow, potentially leading to further downside movement as early as the first days of 2026.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Silver Price Surpasses $80 for the First Time. Why Could This Be a Bearish Sign?
As the XAG/USD chart shows, earlier this morning the price of one ounce of silver reached above $83 for the first time. However, this move was followed by an abnormally sharp reversal to the downside.
Why Did the Silver Price Fall?
On 24 December, we not only outlined the fundamental backdrop but also highlighted that the market was vulnerable to sharp price movements due to reduced liquidity during the holiday period.
Now, as the ATR indicator has surged sharply higher—confirming our assumption—it is worth examining the key chart details that point to emerging bearish signals.
Technical Analysis of the XAG/USD Chart
The previously constructed ascending channel (highlighted in orange) has retained its slope, while the following developments occurred:
→ The silver price surge on 26 December (marked by the arrow), with a bullish gap, doubled the ascending channel.
→ At the open of today’s trading session, the price broke above the upper boundary with another bullish gap (marked by the second arrow).
It is important to note that:
→ The sharp surge in silver prices towards a historic high may have been driven by a shortage of seller liquidity at the opening of financial markets during the final week of the year.
→ The aggressive nature of the subsequent decline towards $75 appears to be a clear sign of a shift in market sentiment.
→ Wide candlesticks indicate heightened activity from so-called “smart money”.
Taking the above into account, we can assume that large long-position holders are actively locking in profits after silver prices have risen by approximately 160% since the beginning of 2025. If this hypothesis proves correct, a break below the lower boundary of the orange ascending channel may follow, potentially leading to further downside movement as early as the first days of 2026.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
👍1
#sp500 #stocktrading #stockmarket #MarketTrends #MarketNews
The S&P 500 Index Trades Near Its All-Time High
As indicated by the S&P 500 index chart (US SPX 500 mini on FXOpen):
→ After breaking above the resistance line (shown in red) in the third week of December, the equity market formed an upward trend, consistent with the typical characteristics of the Santa Claus Rally.
→ At the opening of trading in the final week of the year, the market is showing downward momentum. The index has slipped towards the 6,920 area, reflecting the sentiment of remaining market participants ahead of key news releases: the FOMC meeting minutes on 30 December and US labour market data on 31 December.
Technical Analysis of the S&P 500 Chart
Price action analysis points to a lack of conviction among bulls. After breaking above the 11 December high near the 6,934 level, further progress was limited, with the price failing to show signs of firm consolidation at record highs.
At the same time, bears became more active, as evidenced by the long upper shadow (marked by the arrow). Their pressure proved effective, resulting in a break below the median line of the ascending channel.
It cannot be ruled out that bearish momentum will continue, pushing the S&P 500 index (US SPX 500 mini on FXOpen) down towards a support zone formed by:
→ the psychological 6,900 level and the 24 December low near 6,907;
→ the lower boundary of the Santa Claus Rally ascending channel.
Trade global index CFDs with zero commission and tight spreads*. Learn more about trading index CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
The S&P 500 Index Trades Near Its All-Time High
As indicated by the S&P 500 index chart (US SPX 500 mini on FXOpen):
→ After breaking above the resistance line (shown in red) in the third week of December, the equity market formed an upward trend, consistent with the typical characteristics of the Santa Claus Rally.
→ At the opening of trading in the final week of the year, the market is showing downward momentum. The index has slipped towards the 6,920 area, reflecting the sentiment of remaining market participants ahead of key news releases: the FOMC meeting minutes on 30 December and US labour market data on 31 December.
Technical Analysis of the S&P 500 Chart
Price action analysis points to a lack of conviction among bulls. After breaking above the 11 December high near the 6,934 level, further progress was limited, with the price failing to show signs of firm consolidation at record highs.
At the same time, bears became more active, as evidenced by the long upper shadow (marked by the arrow). Their pressure proved effective, resulting in a break below the median line of the ascending channel.
It cannot be ruled out that bearish momentum will continue, pushing the S&P 500 index (US SPX 500 mini on FXOpen) down towards a support zone formed by:
→ the psychological 6,900 level and the 24 December low near 6,907;
→ the lower boundary of the Santa Claus Rally ascending channel.
Trade global index CFDs with zero commission and tight spreads*. Learn more about trading index CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
👍2
#tsla #tesla #stockmarket #stocktrading #marketanalysis #MarketNews
Tesla (TSLA) Shares Fail to Hold at an All-Time High
Yesterday, Tesla (TSLA) shares declined by more than 3%, with the following developments observed:
→ the session opened with a bearish gap;
→ the price fell nearly 8% from the all-time high recorded on 22 December;
→ the psychological $500 level has yet to be overcome.
The fundamental trigger for the decline was news that Tesla’s South Korean battery supplier has significantly reduced the value of its contract. The market may have interpreted this as a signal of potential weakness in future vehicle sales.
In addition, the rally in TSLA shares since the beginning of December may have encouraged long-position holders to take profit.
When analysing TSLA price action on 17 December, we:
→ identified an ascending channel that has been in place since the summer;
→ highlighted the strength of the breakout above resistance near the $465 level (accompanied by a bullish gap) and suggested that this area could act as support.
However, yesterday’s sell-off pushed the price below the aforementioned gap, thereby invalidating this support. Moreover:
→ the December upward trajectory (shown in orange) has been broken;
→ the stock has fallen below the median of the ascending channel.
In light of the above, we could assume that bearish momentum currently dominates, and TSLA shares may move towards the lower boundary of the ascending channel in the short term.
Trade global index CFDs with zero commission and tight spreads*. Learn more about trading index CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Tesla (TSLA) Shares Fail to Hold at an All-Time High
Yesterday, Tesla (TSLA) shares declined by more than 3%, with the following developments observed:
→ the session opened with a bearish gap;
→ the price fell nearly 8% from the all-time high recorded on 22 December;
→ the psychological $500 level has yet to be overcome.
The fundamental trigger for the decline was news that Tesla’s South Korean battery supplier has significantly reduced the value of its contract. The market may have interpreted this as a signal of potential weakness in future vehicle sales.
In addition, the rally in TSLA shares since the beginning of December may have encouraged long-position holders to take profit.
When analysing TSLA price action on 17 December, we:
→ identified an ascending channel that has been in place since the summer;
→ highlighted the strength of the breakout above resistance near the $465 level (accompanied by a bullish gap) and suggested that this area could act as support.
However, yesterday’s sell-off pushed the price below the aforementioned gap, thereby invalidating this support. Moreover:
→ the December upward trajectory (shown in orange) has been broken;
→ the stock has fallen below the median of the ascending channel.
In light of the above, we could assume that bearish momentum currently dominates, and TSLA shares may move towards the lower boundary of the ascending channel in the short term.
Trade global index CFDs with zero commission and tight spreads*. Learn more about trading index CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
👍1
#DXY #forextrading #forex #marketanalysis #MarketTrends
US Dollar Index (DXY): Outlook for 2025–2026
The year 2025 delivered significant volatility spikes for the US Dollar Index (DXY).
A prime example is the April shock linked to the so-called “Liberation Day tariffs”, which marked the most powerful blow to the US dollar on an annual basis. The introduction by Trump of new aggressive tariffs (including a universal 10% tariff) was perceived by the market not as protectionism, but as a threat of a global trade war and economic isolation. As a result, DXY plunged by approximately 2% in a single day and continued to decline over the following months.
Equally important was the shift in the Federal Reserve’s policy stance and the launch of an interest rate cutting cycle. During the first half of 2025, the policy rate was held at 4.5%, but starting in September it was reduced three times, reaching 3.75%.
What Could Happen to DXY in 2026?
In May, the Federal Reserve is likely to appoint a new Chair who would be more aligned with Trump’s preference for accommodative monetary policy. As a result, market participants are pricing in further rate cuts towards approximately 3.00%, while the European Central Bank and the Bank of England may act more cautiously. This divergence in central bank policies is unfavourable for the US dollar.
Analysts at Morgan Stanley, ING and MUFG are expressing bearish forecasts for 2026. In their view, the 2025 low is likely to be broken.
In the final days of 2025, the US Dollar Index (DXY) continues to trend lower (marked in red), with the following technical signals in focus:
→ attempts to break above the August high resemble two bull traps;
→ in December, the 98.78 level shifted from support to resistance.
Taking the above into account, we could assume that the current descending channel will remain a key guiding structure at the beginning of 2026.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
US Dollar Index (DXY): Outlook for 2025–2026
The year 2025 delivered significant volatility spikes for the US Dollar Index (DXY).
A prime example is the April shock linked to the so-called “Liberation Day tariffs”, which marked the most powerful blow to the US dollar on an annual basis. The introduction by Trump of new aggressive tariffs (including a universal 10% tariff) was perceived by the market not as protectionism, but as a threat of a global trade war and economic isolation. As a result, DXY plunged by approximately 2% in a single day and continued to decline over the following months.
Equally important was the shift in the Federal Reserve’s policy stance and the launch of an interest rate cutting cycle. During the first half of 2025, the policy rate was held at 4.5%, but starting in September it was reduced three times, reaching 3.75%.
What Could Happen to DXY in 2026?
In May, the Federal Reserve is likely to appoint a new Chair who would be more aligned with Trump’s preference for accommodative monetary policy. As a result, market participants are pricing in further rate cuts towards approximately 3.00%, while the European Central Bank and the Bank of England may act more cautiously. This divergence in central bank policies is unfavourable for the US dollar.
Analysts at Morgan Stanley, ING and MUFG are expressing bearish forecasts for 2026. In their view, the 2025 low is likely to be broken.
In the final days of 2025, the US Dollar Index (DXY) continues to trend lower (marked in red), with the following technical signals in focus:
→ attempts to break above the August high resemble two bull traps;
→ in December, the 98.78 level shifted from support to resistance.
Taking the above into account, we could assume that the current descending channel will remain a key guiding structure at the beginning of 2026.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
👍1
#XAUUSD #goldprice #commodities #marketanalysis #MarketNews
Gold Jumps After Events in Venezuela
At the market open on Monday, 5 January, gold price (XAU/USD) formed a bullish gap. The sharp rise was driven by market reaction to confirmed reports of U.S. military intervention in Venezuela and a forced change of power in Caracas.
News of the capture of Nicolás Maduro by U.S. special forces pushed gold prices up to $4,430 during the European session, and the upward trend may persist into the U.S. trading session. The chart indicates rising demand for safe-haven assets, as market participants may be concerned about further escalation.
Technical Analysis of the XAU/USD Chart
On 26 December, when analysing the gold chart, we:
→ identified an ascending channel;
→ highlighted the $4,400 level;
→ suggested a scenario of bullish momentum exhaustion and profit-taking on long positions, which could lead to a pullback.
Indeed, since then a significant correction has developed, during which:
→ the price (marked by an arrow) expanded the ascending channel to the downside (its former lower boundary became the median line);
→ the $4,400 level acted as resistance on 30 December and 2 January.
However, the geopolitical drivers described above contributed to the following:
→ bulls used the lower boundary of the expanded channel as support to resume the upward move (with a bullish Inverse Head and Shoulders pattern forming on the chart);
→ the $4,400 resistance level was broken and may now act as support.
In the short term, it cannot be ruled out that the XAU/USD price may rise towards the median of the indicated channel.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Gold Jumps After Events in Venezuela
At the market open on Monday, 5 January, gold price (XAU/USD) formed a bullish gap. The sharp rise was driven by market reaction to confirmed reports of U.S. military intervention in Venezuela and a forced change of power in Caracas.
News of the capture of Nicolás Maduro by U.S. special forces pushed gold prices up to $4,430 during the European session, and the upward trend may persist into the U.S. trading session. The chart indicates rising demand for safe-haven assets, as market participants may be concerned about further escalation.
Technical Analysis of the XAU/USD Chart
On 26 December, when analysing the gold chart, we:
→ identified an ascending channel;
→ highlighted the $4,400 level;
→ suggested a scenario of bullish momentum exhaustion and profit-taking on long positions, which could lead to a pullback.
Indeed, since then a significant correction has developed, during which:
→ the price (marked by an arrow) expanded the ascending channel to the downside (its former lower boundary became the median line);
→ the $4,400 level acted as resistance on 30 December and 2 January.
However, the geopolitical drivers described above contributed to the following:
→ bulls used the lower boundary of the expanded channel as support to resume the upward move (with a bullish Inverse Head and Shoulders pattern forming on the chart);
→ the $4,400 resistance level was broken and may now act as support.
In the short term, it cannot be ruled out that the XAU/USD price may rise towards the median of the indicated channel.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
👍1
#oilprices #oilindustry #XTIUSD #commodities #MarketNews
XTI/USD Chart Analysis: Oil Price Volatility on the Rise
Events in Venezuela over the weekend have led to a sharp increase in oil price volatility following the market open. As the chart shows, during the European session the ATR indicator rose to levels last seen before the start of the Christmas period.
It is possible that the opening of US trading could further increase price swings, with the trend potentially developing in either direction:
▪️Bearish scenario: if American companies gain access to Venezuela’s oil reserves (both in the ground and in storage facilities), this could lead to an increase in supply on the global market.
▪️Bullish scenario: risks include reactions from China, OPEC+, as well as the possibility of a guerrilla warfare scenario and other difficult-to-predict developments.
At present, WTI crude oil price is holding near the median of the descending channel (highlighted in red). Note the long lower wicks forming when the price touches the lower boundary of the channel, indicating a sharp activation of demand whenever the price falls below the 26 December low of around $56.60 per barrel.
This behaviour resembles a bear trap and could trigger a bullish impulse, potentially testing the upper boundary of the channel.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
XTI/USD Chart Analysis: Oil Price Volatility on the Rise
Events in Venezuela over the weekend have led to a sharp increase in oil price volatility following the market open. As the chart shows, during the European session the ATR indicator rose to levels last seen before the start of the Christmas period.
It is possible that the opening of US trading could further increase price swings, with the trend potentially developing in either direction:
▪️Bearish scenario: if American companies gain access to Venezuela’s oil reserves (both in the ground and in storage facilities), this could lead to an increase in supply on the global market.
▪️Bullish scenario: risks include reactions from China, OPEC+, as well as the possibility of a guerrilla warfare scenario and other difficult-to-predict developments.
At present, WTI crude oil price is holding near the median of the descending channel (highlighted in red). Note the long lower wicks forming when the price touches the lower boundary of the channel, indicating a sharp activation of demand whenever the price falls below the 26 December low of around $56.60 per barrel.
This behaviour resembles a bear trap and could trigger a bullish impulse, potentially testing the upper boundary of the channel.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
👍2
#GBPUSD #forextrading #forex #marketanalysis #MarketNews
GBP/USD Hits 14-Week High
As the GBP/USD chart shows, the pound rose above 1.3560 today — its highest level since September 2025.
The pound’s strength may be driven by expectations of a tighter monetary policy from the Bank of England in 2026, which seems reasonable given that inflation has remained above 3% since April 2025.
At the same time, market participants may be concerned about the implications of US actions in Venezuela, prompting a shift of capital into other currencies and contributing to dollar weakness.
GBP/USD Technical Analysis
In December, GBP/USD formed an ascending channel (shown in blue), which remains relevant in January:
The sharp rise from point A indicates clear buyer dominance.
The pair has moved into the upper half of the channel.
It appears that the decline at the end of December, which formed a resistance trendline (shown in red), has ended, and bulls successfully resumed the uptrend by finding support at the lower boundary of the channel.
However, attention should be paid to the RSI on the GBP/USD chart: a bearish divergence is visible between peaks B and C, which can be interpreted as a potential slowdown in the uptrend. On this basis, the market may be vulnerable to a correction. In such a scenario, GBP/USD could fall towards 1.3505, which may act as support given the strength of buyers at this level during the break of the resistance line and the channel’s median.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
GBP/USD Hits 14-Week High
As the GBP/USD chart shows, the pound rose above 1.3560 today — its highest level since September 2025.
The pound’s strength may be driven by expectations of a tighter monetary policy from the Bank of England in 2026, which seems reasonable given that inflation has remained above 3% since April 2025.
At the same time, market participants may be concerned about the implications of US actions in Venezuela, prompting a shift of capital into other currencies and contributing to dollar weakness.
GBP/USD Technical Analysis
In December, GBP/USD formed an ascending channel (shown in blue), which remains relevant in January:
The sharp rise from point A indicates clear buyer dominance.
The pair has moved into the upper half of the channel.
It appears that the decline at the end of December, which formed a resistance trendline (shown in red), has ended, and bulls successfully resumed the uptrend by finding support at the lower boundary of the channel.
However, attention should be paid to the RSI on the GBP/USD chart: a bearish divergence is visible between peaks B and C, which can be interpreted as a potential slowdown in the uptrend. On this basis, the market may be vulnerable to a correction. In such a scenario, GBP/USD could fall towards 1.3505, which may act as support given the strength of buyers at this level during the break of the resistance line and the channel’s median.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
👍2
#sp500 #stockmarket #stocks #MarketUpdates #MarketNews
S&P 500 Shows Indecision Near All-Time High
As the S&P 500 chart (US SPX 500 mini on FXOpen) shows, this morning the price approached yesterday’s high at A, but then sharply reversed downward (indicated by the arrow), forming a lower low at B.
This resembles a Double Top pattern, which can be interpreted as market indecision near the all-time high. Traders are weighing risks and opportunities that depend on US actions in Venezuela:
🔺Bullish factor: access to the country’s resources could act as a growth driver for the US economy. Yesterday, financials and energy sectors were the strongest performers.
🔻Bearish factor: related to geopolitical risks and the potential involvement of the US in a protracted conflict.
E-mini S&P 500 Technical Analysis
On 29 December, we noted the indecision of bulls around the 6934 level, as the price showed no signs of firmly holding the record highs. We also considered a scenario in which the S&P 500 (US SPX 500 mini on FXOpen) might decline.
Since then, the trend has largely been bearish, and a descending channel can be drawn, with:
▪️The median (dashed line) passing through lower highs.
▪️Yesterday’s move into the upper half of the channel appearing aggressive, given the sharp surge from 6888.
This level may act as support for bulls on their way toward the upper boundary of the channel.
On the other hand, a bearish break of the 6888 level:
▪️ would provide an additional signal of demand indecision;
▪️ would reinforce the descending channel’s relevance as a market reference.
Trade global index CFDs with zero commission and tight spreads*. Learn more about trading index CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
S&P 500 Shows Indecision Near All-Time High
As the S&P 500 chart (US SPX 500 mini on FXOpen) shows, this morning the price approached yesterday’s high at A, but then sharply reversed downward (indicated by the arrow), forming a lower low at B.
This resembles a Double Top pattern, which can be interpreted as market indecision near the all-time high. Traders are weighing risks and opportunities that depend on US actions in Venezuela:
🔺Bullish factor: access to the country’s resources could act as a growth driver for the US economy. Yesterday, financials and energy sectors were the strongest performers.
🔻Bearish factor: related to geopolitical risks and the potential involvement of the US in a protracted conflict.
E-mini S&P 500 Technical Analysis
On 29 December, we noted the indecision of bulls around the 6934 level, as the price showed no signs of firmly holding the record highs. We also considered a scenario in which the S&P 500 (US SPX 500 mini on FXOpen) might decline.
Since then, the trend has largely been bearish, and a descending channel can be drawn, with:
▪️The median (dashed line) passing through lower highs.
▪️Yesterday’s move into the upper half of the channel appearing aggressive, given the sharp surge from 6888.
This level may act as support for bulls on their way toward the upper boundary of the channel.
On the other hand, a bearish break of the 6888 level:
▪️ would provide an additional signal of demand indecision;
▪️ would reinforce the descending channel’s relevance as a market reference.
Trade global index CFDs with zero commission and tight spreads*. Learn more about trading index CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
👍2
#intel #stockmarket #stocks #marketanalysis #MarketNews
Intel (INTC) shares surge following chip unveiling
Intel (INTC) shares jumped above $44.30 yesterday, marking a 21-month high. The rally was driven by news from CES 2026, where the company unveiled its new Core Ultra Series 3 processors (codenamed Panther Lake). These are Intel’s first consumer chips manufactured using the advanced Intel 18A process technology.
Market participants interpreted the announcement as evidence that Intel’s ambitious turnaround strategy to restore its technological leadership is gaining traction. The launch of the 18A node suggests that Intel is once again capable of competing with TSMC on the leading edge of semiconductor manufacturing.
According to media reports, several analysts have raised their price targets for INTC shares, as the new technology opens up the prospect for Intel to secure contract manufacturing orders from major players such as Nvidia and Apple.
Technical analysis of INTC shares
On 3 December, when analysing the INTC chart, we:
→ identified a broad long-term price channel;
→ highlighted the importance of the $20 level, which appeared to act as support from institutional investors;
→ noted that the line dividing the upper half of the channel into two quarters could function as resistance.
As indicated by the red arrow, this line has indeed acted as a reliable barrier to further upside. Volume analysis is particularly noteworthy: on two occasions when INTC shares rallied towards this level, we observed:
→ a surge in trading volumes;
→ followed by a subsequent pullback.
It is possible that the move above the psychological $40 level, combined with positive news flow, generated FOMO-driven demand. Institutional traders may be using this demand to lock in profits on long positions accumulated around the $20 zone.
Given the long upper wick on yesterday’s candlestick, we could assume that the identified resistance line may hold, and that a third attempt to break above it could once again result in a pullback.
Trade global index CFDs with zero commission and tight spreads*. Learn more about trading index CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Intel (INTC) shares surge following chip unveiling
Intel (INTC) shares jumped above $44.30 yesterday, marking a 21-month high. The rally was driven by news from CES 2026, where the company unveiled its new Core Ultra Series 3 processors (codenamed Panther Lake). These are Intel’s first consumer chips manufactured using the advanced Intel 18A process technology.
Market participants interpreted the announcement as evidence that Intel’s ambitious turnaround strategy to restore its technological leadership is gaining traction. The launch of the 18A node suggests that Intel is once again capable of competing with TSMC on the leading edge of semiconductor manufacturing.
According to media reports, several analysts have raised their price targets for INTC shares, as the new technology opens up the prospect for Intel to secure contract manufacturing orders from major players such as Nvidia and Apple.
Technical analysis of INTC shares
On 3 December, when analysing the INTC chart, we:
→ identified a broad long-term price channel;
→ highlighted the importance of the $20 level, which appeared to act as support from institutional investors;
→ noted that the line dividing the upper half of the channel into two quarters could function as resistance.
As indicated by the red arrow, this line has indeed acted as a reliable barrier to further upside. Volume analysis is particularly noteworthy: on two occasions when INTC shares rallied towards this level, we observed:
→ a surge in trading volumes;
→ followed by a subsequent pullback.
It is possible that the move above the psychological $40 level, combined with positive news flow, generated FOMO-driven demand. Institutional traders may be using this demand to lock in profits on long positions accumulated around the $20 zone.
Given the long upper wick on yesterday’s candlestick, we could assume that the identified resistance line may hold, and that a third attempt to break above it could once again result in a pullback.
Trade global index CFDs with zero commission and tight spreads*. Learn more about trading index CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
👍3
#AUDUSD #forextrading #tradingtips #forex #marketanalysis #MarketNews
AUD/USD Is Under Bearish Pressure
As indicated by the AUD/USD chart, the Australian dollar has fallen below the 0.6680 level today, with the decline from Wednesday’s high (A) exceeding 1.1%.
Key bearish drivers include:
→ Declining inflation expectations. Data released on Wednesday showed a sharp slowdown in Australian inflation to 3.4%. This has removed the likelihood of a February rate hike by the Reserve Bank of Australia, which had previously maintained a hawkish stance.
→ Uncertainty surrounding China. The economy of Australia’s main trading partner is failing to deliver the expected strong growth, with today’s PMI data coming in mixed. This raises doubts about Chinese demand for Australian commodities and weighs on the AUD, which is often viewed as a proxy for the Chinese economy.
→ NFP-related risk aversion. Ahead of today’s US labour market report, investors are shifting into risk-reduction mode and increasing demand for so-called safe-haven US dollars amid concerns over potential negative surprises.
Technical Analysis of AUD/USD
On 26 December, we drew an ascending channel, which remained in place at the start of 2026. However, the following developments should be noted:
→ the current downward move represents a bearish breakout below the lower boundary of the channel;
→ the bullish impulse that began on 5 January (marked by the arrow) has been fully neutralised.
These signals point to a meaningful shift in market sentiment, clearly reflected in price action. Should bulls attempt to bring AUD/USD back within the ascending channel, resistance might emerge near 0.6720, where the sharp sell-off began on 8 January, highlighting the dominance of sellers.
The release of high-impact news could fuel further downside momentum, opening the way for the continuation of the descending trajectory (highlighted in red).
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
AUD/USD Is Under Bearish Pressure
As indicated by the AUD/USD chart, the Australian dollar has fallen below the 0.6680 level today, with the decline from Wednesday’s high (A) exceeding 1.1%.
Key bearish drivers include:
→ Declining inflation expectations. Data released on Wednesday showed a sharp slowdown in Australian inflation to 3.4%. This has removed the likelihood of a February rate hike by the Reserve Bank of Australia, which had previously maintained a hawkish stance.
→ Uncertainty surrounding China. The economy of Australia’s main trading partner is failing to deliver the expected strong growth, with today’s PMI data coming in mixed. This raises doubts about Chinese demand for Australian commodities and weighs on the AUD, which is often viewed as a proxy for the Chinese economy.
→ NFP-related risk aversion. Ahead of today’s US labour market report, investors are shifting into risk-reduction mode and increasing demand for so-called safe-haven US dollars amid concerns over potential negative surprises.
Technical Analysis of AUD/USD
On 26 December, we drew an ascending channel, which remained in place at the start of 2026. However, the following developments should be noted:
→ the current downward move represents a bearish breakout below the lower boundary of the channel;
→ the bullish impulse that began on 5 January (marked by the arrow) has been fully neutralised.
These signals point to a meaningful shift in market sentiment, clearly reflected in price action. Should bulls attempt to bring AUD/USD back within the ascending channel, resistance might emerge near 0.6720, where the sharp sell-off began on 8 January, highlighting the dominance of sellers.
The release of high-impact news could fuel further downside momentum, opening the way for the continuation of the descending trajectory (highlighted in red).
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
👍1
#stockmarket #stocktrading #stocks #marketanalysis #MarketNews
Defence Sector Shares Advance
Recent developments, including the operation in Venezuela and unrest in Iran, are driving gains in defence sector equities. This week in particular:
→ The US President proposed increasing the military budget from USD 901 billion in 2026 to USD 1.5 trillion in 2027, providing a strong outlook for revenue growth across defence contractors and the military-industrial complex.
→ White House Press Secretary Karoline Leavitt stated that the US President and his team are discussing a range of options regarding Greenland, noting that the use of US armed forces always remains an option available to the Commander-in-Chief.
A clear example of the market’s reaction is the sharp rally in Lockheed Martin (LMT) shares. While trading at the start of the year opened near USD 483.50, the price exceeded USD 540 at the peak of yesterday’s session.
Technical Analysis of the LMT Chart
Since the low recorded on 22 July, price fluctuations have been forming an ascending channel. At that point, the market had fallen to a near two-year low, which “smart money” appears to have viewed as an attractive opportunity, as confirmed by an abnormal surge in trading volume.
Recent price action suggests that the upper boundary of the channel is acting as resistance, as evidenced by the long upper wicks on candlesticks over the past few sessions.
Traders may therefore assume that the market is overbought, a view supported by RSI readings, and that the emotionally driven bullish reaction could fade, allowing the upper boundary of the channel to reverse price lower, as was the case in October 2025.
In the event of a correction, potential support levels include:
→ the channel median, which acted as resistance in December 2025;
→ the USD 483.50 level, which has repeatedly interacted with price in the past (indicated by arrows).
Overall, shares of LMT and other companies within the sector appear extremely volatile. Price swings may be driven both by hawkish rhetoric from officials and by other unexpected developments. In the near term, markets are also awaiting a US Supreme Court decision on the legality of tariffs introduced by Trump in international trade.
Trade global index CFDs with zero commission and tight spreads*. Learn more about trading index CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Defence Sector Shares Advance
Recent developments, including the operation in Venezuela and unrest in Iran, are driving gains in defence sector equities. This week in particular:
→ The US President proposed increasing the military budget from USD 901 billion in 2026 to USD 1.5 trillion in 2027, providing a strong outlook for revenue growth across defence contractors and the military-industrial complex.
→ White House Press Secretary Karoline Leavitt stated that the US President and his team are discussing a range of options regarding Greenland, noting that the use of US armed forces always remains an option available to the Commander-in-Chief.
A clear example of the market’s reaction is the sharp rally in Lockheed Martin (LMT) shares. While trading at the start of the year opened near USD 483.50, the price exceeded USD 540 at the peak of yesterday’s session.
Technical Analysis of the LMT Chart
Since the low recorded on 22 July, price fluctuations have been forming an ascending channel. At that point, the market had fallen to a near two-year low, which “smart money” appears to have viewed as an attractive opportunity, as confirmed by an abnormal surge in trading volume.
Recent price action suggests that the upper boundary of the channel is acting as resistance, as evidenced by the long upper wicks on candlesticks over the past few sessions.
Traders may therefore assume that the market is overbought, a view supported by RSI readings, and that the emotionally driven bullish reaction could fade, allowing the upper boundary of the channel to reverse price lower, as was the case in October 2025.
In the event of a correction, potential support levels include:
→ the channel median, which acted as resistance in December 2025;
→ the USD 483.50 level, which has repeatedly interacted with price in the past (indicated by arrows).
Overall, shares of LMT and other companies within the sector appear extremely volatile. Price swings may be driven both by hawkish rhetoric from officials and by other unexpected developments. In the near term, markets are also awaiting a US Supreme Court decision on the legality of tariffs introduced by Trump in international trade.
Trade global index CFDs with zero commission and tight spreads*. Learn more about trading index CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
👍2
#XAUUSD #goldprice #commodities #MarketNews #marketanalysis
Gold Price Breaks Above $4,600 for the First Time
At the opening of Monday’s session on 12 January, gold (XAU/USD) gapped higher and briefly moved above the psychological $4,600 level, setting a new all-time high.
Bullish drivers:
→ Geopolitical tensions. Following developments in Venezuela, market attention has shifted to unrest in Iran and renewed discussion around the United States’ interest in Greenland, whether through purchase or other means.
→ Renewed friction between the White House and the Federal Reserve. Over the weekend, Jerome Powell stated that he had received threats of criminal prosecution, possibly linked to his stance on interest-rate cuts, which differs from President Trump’s view.
Technical analysis of XAU/USD
Seven days ago, on 5 January, our analysis of the gold chart:
→ identified an ascending price channel;
→ highlighted the $4,400 level;
→ outlined a scenario in which the bullish trend could resume after a rebound from the lower boundary of the channel, with $4,400 acting as support.
That scenario has played out. As indicated by the arrow:
→ the market initially pulled back from the channel median;
→ however, as prices approached the $4,400 area, selling pressure faded, and a renewed wave of bullish sentiment pushed XAU/USD to a fresh record high.
Gold is now trading in the upper half of the active ascending channel, signalling overall demand dominance. The strong morning impulse has generated overbought signals on the RSI and increased the likelihood of a pullback. That said, any correction is likely to be limited, given:
→ potential support from the channel median and the $4,500–4,516 zone;
→ a highly tense and supportive fundamental backdrop.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Gold Price Breaks Above $4,600 for the First Time
At the opening of Monday’s session on 12 January, gold (XAU/USD) gapped higher and briefly moved above the psychological $4,600 level, setting a new all-time high.
Bullish drivers:
→ Geopolitical tensions. Following developments in Venezuela, market attention has shifted to unrest in Iran and renewed discussion around the United States’ interest in Greenland, whether through purchase or other means.
→ Renewed friction between the White House and the Federal Reserve. Over the weekend, Jerome Powell stated that he had received threats of criminal prosecution, possibly linked to his stance on interest-rate cuts, which differs from President Trump’s view.
Technical analysis of XAU/USD
Seven days ago, on 5 January, our analysis of the gold chart:
→ identified an ascending price channel;
→ highlighted the $4,400 level;
→ outlined a scenario in which the bullish trend could resume after a rebound from the lower boundary of the channel, with $4,400 acting as support.
That scenario has played out. As indicated by the arrow:
→ the market initially pulled back from the channel median;
→ however, as prices approached the $4,400 area, selling pressure faded, and a renewed wave of bullish sentiment pushed XAU/USD to a fresh record high.
Gold is now trading in the upper half of the active ascending channel, signalling overall demand dominance. The strong morning impulse has generated overbought signals on the RSI and increased the likelihood of a pullback. That said, any correction is likely to be limited, given:
→ potential support from the channel median and the $4,500–4,516 zone;
→ a highly tense and supportive fundamental backdrop.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
👍2
#DXY #usdollar #marketanalysis #forexmarket #MarketNews
The US Dollar Index (DXY) Turns Lower
Capital flows into gold amid rising geopolitical and broader market risks, together with Jerome Powell’s remarks about potential criminal prosecution, have not only driven XAU/USD to record highs (as discussed earlier today) but have also put pressure on the US Dollar Index (DXY).
Markets are also digesting the latest Non-Farm Payrolls data released on Friday. The figures pointed to a slowdown in the US economy, with actual job growth at 50K versus expectations of 66K. This reinforces the case for interest-rate cuts and acts as a bearish factor for the US dollar.
As a result, the dollar index is moving lower today.
Technical Analysis of DXY
In the final days of 2025, when reviewing the DXY chart, we:
→ reaffirmed the descending channel (highlighted in red);
→ suggested that it would remain a key technical guide into early 2026.
This view has been confirmed, as the upper boundary of the channel is acting as strong resistance. Today’s decline appears to be a reversal from this level. In this context, it is reasonable to assume that:
→ the recent move represents an intermediate A–B–C corrective rise within a broader downtrend, with point C coinciding with RSI overbought conditions;
→ the short-term upward trajectory (marked by blue lines) may soon be broken by sellers. If the broader downtrend resumes, DXY could slide towards the median of the descending channel.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
The US Dollar Index (DXY) Turns Lower
Capital flows into gold amid rising geopolitical and broader market risks, together with Jerome Powell’s remarks about potential criminal prosecution, have not only driven XAU/USD to record highs (as discussed earlier today) but have also put pressure on the US Dollar Index (DXY).
Markets are also digesting the latest Non-Farm Payrolls data released on Friday. The figures pointed to a slowdown in the US economy, with actual job growth at 50K versus expectations of 66K. This reinforces the case for interest-rate cuts and acts as a bearish factor for the US dollar.
As a result, the dollar index is moving lower today.
Technical Analysis of DXY
In the final days of 2025, when reviewing the DXY chart, we:
→ reaffirmed the descending channel (highlighted in red);
→ suggested that it would remain a key technical guide into early 2026.
This view has been confirmed, as the upper boundary of the channel is acting as strong resistance. Today’s decline appears to be a reversal from this level. In this context, it is reasonable to assume that:
→ the recent move represents an intermediate A–B–C corrective rise within a broader downtrend, with point C coinciding with RSI overbought conditions;
→ the short-term upward trajectory (marked by blue lines) may soon be broken by sellers. If the broader downtrend resumes, DXY could slide towards the median of the descending channel.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
👍3
#sp500 #stocks #stocktrading #marketanalysis #MarketNews
S&P 500 Hits a Record – But Is Everything Really So Positive?
As the S&P 500 chart shows (US SPX 500 mini on FXOpen), the index touched 6,990 yesterday, marking an all-time high for the first time. The psychological 7,000 level is now within close reach. Optimism may be driven by the start of the earnings season, which could confirm continued growth in corporate profits.
But is the outlook entirely positive?
From a fundamental perspective, several factors could raise concerns:
→ News surrounding a criminal case involving Jerome Powell. This may be perceived as pressure on the Fed Chair and a threat to the central bank’s independence, potentially undermining the investment climate.
→ The upcoming release of CPI data (scheduled for today at 16:30 GMT+3). A scenario in which the figures point to rising inflation cannot be ruled out, which could trigger a sharp sell-off in equity markets.
→ Risks of the US becoming involved in new military conflicts.
From a technical standpoint, bearish signals are also emerging on the chart.
Technical analysis of the S&P 500
Price action in the S&P 500 (US SPX 500 mini on FXOpen) is forming an ascending channel. However, it is worth noting the market’s reaction after reaching the upper boundary of this channel: on two occasions (as indicated by the arrows), the index has seen sharp pullbacks towards the median line. This behaviour suggests aggressive selling pressure. At the same time, the RSI indicator is showing bearish divergence.
The channel median has so far acted as solid support. Nevertheless, with bears successfully defending the psychological 7,000 level and the fundamental backdrop capable of delivering negative surprises, sharper declines in the S&P 500 cannot be ruled out.
In such a scenario, potential downside targets may include:
→ the 6,888 support level, where the red trendline was broken;
→ the lower boundary of the ascending channel.
Trade global index CFDs with zero commission and tight spreads*. Learn more about trading index CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
S&P 500 Hits a Record – But Is Everything Really So Positive?
As the S&P 500 chart shows (US SPX 500 mini on FXOpen), the index touched 6,990 yesterday, marking an all-time high for the first time. The psychological 7,000 level is now within close reach. Optimism may be driven by the start of the earnings season, which could confirm continued growth in corporate profits.
But is the outlook entirely positive?
From a fundamental perspective, several factors could raise concerns:
→ News surrounding a criminal case involving Jerome Powell. This may be perceived as pressure on the Fed Chair and a threat to the central bank’s independence, potentially undermining the investment climate.
→ The upcoming release of CPI data (scheduled for today at 16:30 GMT+3). A scenario in which the figures point to rising inflation cannot be ruled out, which could trigger a sharp sell-off in equity markets.
→ Risks of the US becoming involved in new military conflicts.
From a technical standpoint, bearish signals are also emerging on the chart.
Technical analysis of the S&P 500
Price action in the S&P 500 (US SPX 500 mini on FXOpen) is forming an ascending channel. However, it is worth noting the market’s reaction after reaching the upper boundary of this channel: on two occasions (as indicated by the arrows), the index has seen sharp pullbacks towards the median line. This behaviour suggests aggressive selling pressure. At the same time, the RSI indicator is showing bearish divergence.
The channel median has so far acted as solid support. Nevertheless, with bears successfully defending the psychological 7,000 level and the fundamental backdrop capable of delivering negative surprises, sharper declines in the S&P 500 cannot be ruled out.
In such a scenario, potential downside targets may include:
→ the 6,888 support level, where the red trendline was broken;
→ the lower boundary of the ascending channel.
Trade global index CFDs with zero commission and tight spreads*. Learn more about trading index CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
👍2