#InterestRates #FederalReserve #BoE #MarketVolatility #Forex #FinanceNews #Trading #StockMarketNews #Inflation
Market Insights with Gary Thomson: Fed and BoE Rate Decisions, Canada Jobs, Earnings Reports
In this video, we’ll explore the key economic events, market trends, and corporate news shaping the financial landscape. Get ready for expert insights into forex, commodities, and stocks to help you navigate the week ahead. Let’s dive in!
In this episode, we discuss:
🔸 Fed’s Interest Rate Decision
The Fed's rate decision on 7th May is expected to stay unchanged, but Powell’s press conference could drive market volatility. Will this week bring optimism or caution?
🔸 BoE’s Interest Rate Decision
The Bank of England is likely to cut rates by 0.25% on 8th May, with traders watching for signs of further cuts amid high inflation and downgraded growth forecasts. How will the BoE’s rate decision affect the pound?
🔸 Unemployment Rate in Canada
Canada’s April unemployment data, due on 9th May, comes amid rising recession fears. Will the jobs data push the CAD lower?
🔸 Corporate Earnings Statements
Corporate earnings are in focus this week. Surprises—positive or negative—could drive sharp market moves, especially amid global tensions.
Don’t miss out—gain insights to stay ahead in your trading journey.
https://cutt.ly/irkNoWCX
To take advantage of price fluctuations in the foreign exchange markets, consider enlisting the services of a reliable broker like FXOpen.
⚠️
This forecast represents FXOpen Companies opinion only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Companies products and services or as financial advice.
Market Insights with Gary Thomson: Fed and BoE Rate Decisions, Canada Jobs, Earnings Reports
In this video, we’ll explore the key economic events, market trends, and corporate news shaping the financial landscape. Get ready for expert insights into forex, commodities, and stocks to help you navigate the week ahead. Let’s dive in!
In this episode, we discuss:
🔸 Fed’s Interest Rate Decision
The Fed's rate decision on 7th May is expected to stay unchanged, but Powell’s press conference could drive market volatility. Will this week bring optimism or caution?
🔸 BoE’s Interest Rate Decision
The Bank of England is likely to cut rates by 0.25% on 8th May, with traders watching for signs of further cuts amid high inflation and downgraded growth forecasts. How will the BoE’s rate decision affect the pound?
🔸 Unemployment Rate in Canada
Canada’s April unemployment data, due on 9th May, comes amid rising recession fears. Will the jobs data push the CAD lower?
🔸 Corporate Earnings Statements
Corporate earnings are in focus this week. Surprises—positive or negative—could drive sharp market moves, especially amid global tensions.
Don’t miss out—gain insights to stay ahead in your trading journey.
https://cutt.ly/irkNoWCX
To take advantage of price fluctuations in the foreign exchange markets, consider enlisting the services of a reliable broker like FXOpen.
⚠️
This forecast represents FXOpen Companies opinion only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Companies products and services or as financial advice.
YouTube
Market Insights with Gary Thomson: Fed and BoE Rate Decisions, Canada Jobs, Earnings Reports
In this video, we’ll explore the key economic events, market trends, and corporate news shaping the financial landscape. Get ready for expert insights into forex, commodities, and stocks to help you navigate the week ahead. Let’s dive in!
In this episode…
In this episode…
👍3
#AAPL #techstock #stockmarket #MarketNews
Apple Shares (AAPL) Drop Below $200
Late last week, Apple released a quarterly report that beat analysts’ expectations:
→ Earnings per share: actual = $1.65, forecast = $1.63
→ Revenue: actual = $95.36bn, forecast = $94.5bn
However, today AAPL stock price is below the psychological $200 mark, over 7% lower than last week’s high (point E).
Why did AAPL shares fall?
According to media reports, investors were concerned about weaker-than-expected services revenue and disappointing sales in China. These factors have renewed fears that the ongoing US–China trade tensions could have a deeper impact on Apple going forward.
Bearish sentiment may also have been amplified by Warren Buffett’s decision to step down as head of Berkshire Hathaway — as we noted yesterday — since his company is one of Apple’s major shareholders.
Technical Analysis of Apple Shares (AAPL)
Key AAPL price action patterns (marked) show a sequence of lower highs and lows, forming the basis for a downward channel. Fibonacci ratios reinforce bearish characteristics in price movements:
→ The rise from B to C is approximately 50% of the decline from A to B
→ The rise from D to E is around 50% of the decline from A to D
This technical picture suggests a potential bear market, where rallies may be corrective rebounds following impulsive drops. This strengthens the scenario in which AAPL shares could continue falling within the established descending channel.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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.
Apple Shares (AAPL) Drop Below $200
Late last week, Apple released a quarterly report that beat analysts’ expectations:
→ Earnings per share: actual = $1.65, forecast = $1.63
→ Revenue: actual = $95.36bn, forecast = $94.5bn
However, today AAPL stock price is below the psychological $200 mark, over 7% lower than last week’s high (point E).
Why did AAPL shares fall?
According to media reports, investors were concerned about weaker-than-expected services revenue and disappointing sales in China. These factors have renewed fears that the ongoing US–China trade tensions could have a deeper impact on Apple going forward.
Bearish sentiment may also have been amplified by Warren Buffett’s decision to step down as head of Berkshire Hathaway — as we noted yesterday — since his company is one of Apple’s major shareholders.
Technical Analysis of Apple Shares (AAPL)
Key AAPL price action patterns (marked) show a sequence of lower highs and lows, forming the basis for a downward channel. Fibonacci ratios reinforce bearish characteristics in price movements:
→ The rise from B to C is approximately 50% of the decline from A to B
→ The rise from D to E is around 50% of the decline from A to D
This technical picture suggests a potential bear market, where rallies may be corrective rebounds following impulsive drops. This strengthens the scenario in which AAPL shares could continue falling within the established descending channel.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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
#stockmarket #stocktrading #MSFT #marketanalysis #MarketNews
Microsoft (MSFT) Becomes the World’s Most Valuable Company
According to financial data, Microsoft’s market capitalisation currently stands at approximately $3.24 trillion, while the valuations of Apple and Nvidia — second and third on the list respectively — remain below $3 trillion.
This follows a sharp surge in Microsoft’s share price (MSFT), which has risen by over 26% from its April low.
Why has Microsoft’s share price risen?
The main driver behind the MSFT stock rally was last week’s quarterly report, which outperformed analysts’ expectations:
→ Earnings per share: actual = $3.46, forecast = $3.22;
→ Revenue: actual = $70 billion, forecast = $68.4 billion.
As reported in the media, investors responded positively to a notable increase in revenue from Azure cloud services.
Technical Analysis of Microsoft (MSFT) Shares
A wide bullish gap — over 7% — pushed the price above a key support line that had underpinned the 2024 uptrend in Microsoft stock.
However, following the report’s release, the price stabilised just below a resistance line drawn through previous key highs.
This provides grounds to interpret the current setup as a symmetrical triangle pattern with an axis around the $427 mark, suggesting short-term price consolidation within the defined boundaries.
Going forward, further key news related to Microsoft — a company less exposed to trade war impacts than Apple — could:
→ help maintain its status as the world’s most valuable firm;
→ support a potential bullish breakout through the resistance line and a continuation of the 2024 uptrend.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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.
Microsoft (MSFT) Becomes the World’s Most Valuable Company
According to financial data, Microsoft’s market capitalisation currently stands at approximately $3.24 trillion, while the valuations of Apple and Nvidia — second and third on the list respectively — remain below $3 trillion.
This follows a sharp surge in Microsoft’s share price (MSFT), which has risen by over 26% from its April low.
Why has Microsoft’s share price risen?
The main driver behind the MSFT stock rally was last week’s quarterly report, which outperformed analysts’ expectations:
→ Earnings per share: actual = $3.46, forecast = $3.22;
→ Revenue: actual = $70 billion, forecast = $68.4 billion.
As reported in the media, investors responded positively to a notable increase in revenue from Azure cloud services.
Technical Analysis of Microsoft (MSFT) Shares
A wide bullish gap — over 7% — pushed the price above a key support line that had underpinned the 2024 uptrend in Microsoft stock.
However, following the report’s release, the price stabilised just below a resistance line drawn through previous key highs.
This provides grounds to interpret the current setup as a symmetrical triangle pattern with an axis around the $427 mark, suggesting short-term price consolidation within the defined boundaries.
Going forward, further key news related to Microsoft — a company less exposed to trade war impacts than Apple — could:
→ help maintain its status as the world’s most valuable firm;
→ support a potential bullish breakout through the resistance line and a continuation of the 2024 uptrend.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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
#stockmarket #stocktrading #MarketUpdates #marketanalysis #LLY
Eli Lilly (LLY) Shares Fall Over 15% in May
The share price of Eli Lilly and Company (LLY), the world’s largest pharmaceutical company, has seen a sharp shift in market sentiment:
→ From its April low to high, LLY shares rose by over 30%;
→ However, since the start of May, the LLY stock price has dropped more than 15% — the closing price on the last trading day of April was around $895, while today the share is trading near $775.
Why Are Eli Lilly (LLY) Shares Falling?
The decline can be attributed to three key factors:
1→ Q1 Earnings Report: Although the company reported earnings per share above expectations ($3.34 vs $3.25), investors may have been concerned by significantly higher spending on research and development.
2→ Competitor Partnership: CVS Health’s announcement that it will offer Novo Nordisk’s Wegovy instead of Lilly’s Zepbound added further pressure to LLY shares.
3→ Sector Sentiment: Broader biotech sentiment turned negative following reports that the Trump administration is considering a pricing model that would cap drug prices based on lower rates in other countries.
The media is also discussing upcoming decisions from Vinay Prasad, the new head of the FDA division overseeing vaccines and gene therapy.
Technical Analysis: Eli Lilly (LLY) Share Chart
Key price movements (marked on the chart) justify the formation of a downward channel.
On the one hand, bearish sentiment may intensify in light of recent developments. The median line of the channel could act as resistance to any upward movement.
On the other hand, bulls may find support around the $765 level — a former resistance point and the boundary between two price gaps.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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.
Eli Lilly (LLY) Shares Fall Over 15% in May
The share price of Eli Lilly and Company (LLY), the world’s largest pharmaceutical company, has seen a sharp shift in market sentiment:
→ From its April low to high, LLY shares rose by over 30%;
→ However, since the start of May, the LLY stock price has dropped more than 15% — the closing price on the last trading day of April was around $895, while today the share is trading near $775.
Why Are Eli Lilly (LLY) Shares Falling?
The decline can be attributed to three key factors:
1→ Q1 Earnings Report: Although the company reported earnings per share above expectations ($3.34 vs $3.25), investors may have been concerned by significantly higher spending on research and development.
2→ Competitor Partnership: CVS Health’s announcement that it will offer Novo Nordisk’s Wegovy instead of Lilly’s Zepbound added further pressure to LLY shares.
3→ Sector Sentiment: Broader biotech sentiment turned negative following reports that the Trump administration is considering a pricing model that would cap drug prices based on lower rates in other countries.
The media is also discussing upcoming decisions from Vinay Prasad, the new head of the FDA division overseeing vaccines and gene therapy.
Technical Analysis: Eli Lilly (LLY) Share Chart
Key price movements (marked on the chart) justify the formation of a downward channel.
On the one hand, bearish sentiment may intensify in light of recent developments. The median line of the channel could act as resistance to any upward movement.
On the other hand, bulls may find support around the $765 level — a former resistance point and the boundary between two price gaps.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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 #marketanalysis
XAU/USD Analysis: Chart Indicates Elevated Volatility
The XAU/USD chart shows that the ATR (Average True Range) indicator has reached its highest level in several weeks, signalling increased market volatility.
In addition, trading activity is being fuelled by heightened geopolitical tensions, now including an escalation of the conflict between India and Pakistan.
The price action analysis of the precious metal also provides valuable insight, highlighting the ongoing battle between supply and demand.
Technical Analysis of the XAU/USD Chart
On 23 April, we noted a sharp shift in sentiment after the price of XAU/USD peaked around $3,500.
Gold price fluctuations today suggest continued bearish pressure above $3,400, leading to a downward reversal at peak B, which sits below the previous high at A.
This forms the basis for outlining a descending channel and suggests that bears may attempt to keep the price within its boundaries. On the other hand, the $3,333 level was decisively broken by a wave of buying (shown with a blue arrow), and a bullish “cup and handle” pattern is emerging in the background — it is possible that, as part of the May rally, bulls may try to surpass peak B.
Whatever the outcome, elevated volatility appears likely to persist — especially with the US Federal Reserve’s interest rate decision due today at 21:00 GMT+3, followed by Jerome Powell’s press conference at 21:30.
Start trading commodities with tight spreads. Open your trading account now or learn more about trading commodity CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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.
XAU/USD Analysis: Chart Indicates Elevated Volatility
The XAU/USD chart shows that the ATR (Average True Range) indicator has reached its highest level in several weeks, signalling increased market volatility.
In addition, trading activity is being fuelled by heightened geopolitical tensions, now including an escalation of the conflict between India and Pakistan.
The price action analysis of the precious metal also provides valuable insight, highlighting the ongoing battle between supply and demand.
Technical Analysis of the XAU/USD Chart
On 23 April, we noted a sharp shift in sentiment after the price of XAU/USD peaked around $3,500.
Gold price fluctuations today suggest continued bearish pressure above $3,400, leading to a downward reversal at peak B, which sits below the previous high at A.
This forms the basis for outlining a descending channel and suggests that bears may attempt to keep the price within its boundaries. On the other hand, the $3,333 level was decisively broken by a wave of buying (shown with a blue arrow), and a bullish “cup and handle” pattern is emerging in the background — it is possible that, as part of the May rally, bulls may try to surpass peak B.
Whatever the outcome, elevated volatility appears likely to persist — especially with the US Federal Reserve’s interest rate decision due today at 21:00 GMT+3, followed by Jerome Powell’s press conference at 21:30.
Start trading commodities with tight spreads. Open your trading account now or learn more about trading commodity CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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
#GOOGL #stocktrading #stockmarket #MarketTrends #marketanalysis
Alphabet (GOOGL) Shares Drop Over 7% in a Single Day
According to the Alphabet (GOOGL) stock chart, yesterday’s main trading session opened around $163.70 but then saw a sharp decline, hitting an intraday low of approximately $148 per share. By the close, bulls managed to recover only a small portion of the losses. As a result, Alphabet (GOOGL) shares fell by more than 7% during the session – marking the worst performance among the S&P 500 constituents (US SPX 500 mini on FXOpen).
Why Did GOOGL Shares Fall?
The drop followed remarks by Eddy Cue, Apple’s Senior Vice President of Internet Software and Services, who:
→ noted a decline in search traffic on Safari;
→ revealed plans to expand Safari’s search capabilities using artificial intelligence.
These developments heightened concerns over Google’s dominance in search and its advertising revenue. According to media reports, analysts are warning of rising competition from AI-powered search platforms such as OpenAI, Grok, and Perplexity.
Technical Analysis of Alphabet (GOOGL) Shares
In our 23 April analysis, we identified a descending price channel and emphasised the psychological significance of the $150 level, which had served as a key support in 2024.
Since then, bulls showed confidence by pushing the price above the red channel. In addition, the chart has begun to outline a potential ascending trend channel (marked in blue).
However, yesterday’s statement from competitors shifts the outlook. The current GOOGL stock price is positioned at the lower boundary of the blue channel – which could act as support, reinforced by the psychological $150 level.
On the other hand, a bearish breakout below this area may revive the downtrend that began in February, potentially paving the way for a test of this year’s lows.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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.
Alphabet (GOOGL) Shares Drop Over 7% in a Single Day
According to the Alphabet (GOOGL) stock chart, yesterday’s main trading session opened around $163.70 but then saw a sharp decline, hitting an intraday low of approximately $148 per share. By the close, bulls managed to recover only a small portion of the losses. As a result, Alphabet (GOOGL) shares fell by more than 7% during the session – marking the worst performance among the S&P 500 constituents (US SPX 500 mini on FXOpen).
Why Did GOOGL Shares Fall?
The drop followed remarks by Eddy Cue, Apple’s Senior Vice President of Internet Software and Services, who:
→ noted a decline in search traffic on Safari;
→ revealed plans to expand Safari’s search capabilities using artificial intelligence.
These developments heightened concerns over Google’s dominance in search and its advertising revenue. According to media reports, analysts are warning of rising competition from AI-powered search platforms such as OpenAI, Grok, and Perplexity.
Technical Analysis of Alphabet (GOOGL) Shares
In our 23 April analysis, we identified a descending price channel and emphasised the psychological significance of the $150 level, which had served as a key support in 2024.
Since then, bulls showed confidence by pushing the price above the red channel. In addition, the chart has begun to outline a potential ascending trend channel (marked in blue).
However, yesterday’s statement from competitors shifts the outlook. The current GOOGL stock price is positioned at the lower boundary of the blue channel – which could act as support, reinforced by the psychological $150 level.
On the other hand, a bearish breakout below this area may revive the downtrend that began in February, potentially paving the way for a test of this year’s lows.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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
#stockmarket #NASDAQ #marketanalysis #MarketUpdates #techstock
Stock Markets Rise Amid US–China Trade Deal Progress
As the chart shows, the Nasdaq 100 index (US Tech 100 mini on FXOpen) formed a bullish gap at Monday’s market open and, as of this morning, is trading at its highest level since early March.
This is driven by the announcement from the Trump administration of progress in securing a trade deal with China, following weekend negotiations held in Switzerland. Treasury Secretary Scott Bessent described the two-day talks with Chinese officials in Geneva as “productive”, adding that more detailed information would be shared on Monday.
As a reminder, the US imposed tariffs of 145% on Chinese goods, to which Beijing responded with a 125% levy on American imports.
Technical Analysis of the E-mini Nasdaq 100 Chart
The chart is showing bullish signals:
→ The downward trendline (shown in orange) was broken around the 19,666 level, which has since acted as support (indicated by the blue arrow).
→ Today, the Nasdaq 100 has moved above last week’s resistance near the 20,175 level.
→ Market fluctuations are forming an upward channel (shown in blue) from the April lows, with the price currently sitting in the upper half of the channel—typically a sign of strong buying pressure.
Further updates on the US–China trade deal may reveal key details, potentially reinforcing the current bullish sentiment in the equity markets.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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.
Stock Markets Rise Amid US–China Trade Deal Progress
As the chart shows, the Nasdaq 100 index (US Tech 100 mini on FXOpen) formed a bullish gap at Monday’s market open and, as of this morning, is trading at its highest level since early March.
This is driven by the announcement from the Trump administration of progress in securing a trade deal with China, following weekend negotiations held in Switzerland. Treasury Secretary Scott Bessent described the two-day talks with Chinese officials in Geneva as “productive”, adding that more detailed information would be shared on Monday.
As a reminder, the US imposed tariffs of 145% on Chinese goods, to which Beijing responded with a 125% levy on American imports.
Technical Analysis of the E-mini Nasdaq 100 Chart
The chart is showing bullish signals:
→ The downward trendline (shown in orange) was broken around the 19,666 level, which has since acted as support (indicated by the blue arrow).
→ Today, the Nasdaq 100 has moved above last week’s resistance near the 20,175 level.
→ Market fluctuations are forming an upward channel (shown in blue) from the April lows, with the price currently sitting in the upper half of the channel—typically a sign of strong buying pressure.
Further updates on the US–China trade deal may reveal key details, potentially reinforcing the current bullish sentiment in the equity markets.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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
#tesla #TSLA #marketanalysis #MarketUpdates #stockmarket
Tesla Shares (TSLA) Hit Two-Month High
During Friday’s trading session, Tesla shares briefly rose above the $300 mark — the first time in over two months. Although the daily candle closed below this key psychological level, TSLA still outperformed the broader stock market.
This move was supported by:
→ Investor approval of Elon Musk’s late-April pledge to spend less time on the Department of Government Efficiency (DOGE) and focus more on his role at the company.
→ A recent announcement from the Trump administration regarding a trade deal with the UK, alongside hints that more agreements may follow — potentially alluding to US-China negotiations.
Technical Analysis of TSLA Shares
In our previous analysis of TSLA’s stock price, we:
→ Highlighted the key support level around $220, which prevented deeper declines in early April even as broader indices saw more bearish trends;
→ Identified a descending channel (marked in red).
This channel remains relevant for now, but the price has already approached its upper boundary. It’s reasonable to assume that this level could act as resistance — similar to the midline of the channel (as indicated by arrows) — especially when reinforced by the psychological $300 level.
However, bulls may find strong support from any further details on a US-China trade deal (as discussed earlier today). A bullish breakout of the red channel in the coming days cannot be ruled out, potentially confirming the relative strength of TSLA stock and extending the trajectory marked by the blue lines.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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 Shares (TSLA) Hit Two-Month High
During Friday’s trading session, Tesla shares briefly rose above the $300 mark — the first time in over two months. Although the daily candle closed below this key psychological level, TSLA still outperformed the broader stock market.
This move was supported by:
→ Investor approval of Elon Musk’s late-April pledge to spend less time on the Department of Government Efficiency (DOGE) and focus more on his role at the company.
→ A recent announcement from the Trump administration regarding a trade deal with the UK, alongside hints that more agreements may follow — potentially alluding to US-China negotiations.
Technical Analysis of TSLA Shares
In our previous analysis of TSLA’s stock price, we:
→ Highlighted the key support level around $220, which prevented deeper declines in early April even as broader indices saw more bearish trends;
→ Identified a descending channel (marked in red).
This channel remains relevant for now, but the price has already approached its upper boundary. It’s reasonable to assume that this level could act as resistance — similar to the midline of the channel (as indicated by arrows) — especially when reinforced by the psychological $300 level.
However, bulls may find strong support from any further details on a US-China trade deal (as discussed earlier today). A bullish breakout of the red channel in the coming days cannot be ruled out, potentially confirming the relative strength of TSLA stock and extending the trajectory marked by the blue lines.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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
#MarketWatch #Inflation #GlobalEconomy #FinanceTrends #StockMarket #Investing
Market Insights with Gary Thomson: US Inflation Rate, UK GDP Growth Rate, US PPI, Earnings Reports
In this video, we’ll explore the key economic events, market trends, and corporate news shaping the financial landscape. Get ready for expert insights into forex, commodities, and stocks to help you navigate the week ahead. Let’s dive in!
In this episode, we discuss:
🔸 US Inflation Rate
Ahead of the 13th May US inflation report, markets remain tense amid global political and economic uncertainties. Last month, inflation dipped, but unclear trade moves keep volatility risks high. Will it continue cooling — or more turbulence ahead?
🔸UK GDP Growth Rate
UK GDP data on 15th May may shed light on whether the recent rebound is sustainable, as rising domestic costs and trade headwinds raise doubts about continued growth. Is growth gaining traction — or losing steam?
🔸US Producer Price Index
US PPI data on 15th May could clarify if March’s drop reflected real easing inflation — or deeper economic risks ahead.
🔸Corporate Earnings Statements
Walmart and Alibaba will release earnings on 15th May before the market opens — results that could stir market sentiment amid ongoing global uncertainty.
Don’t miss out—gain insights to stay ahead in your trading journey.
https://cutt.ly/zrzz0UXk
To take advantage of price fluctuations in the foreign exchange markets, consider enlisting the services of a reliable broker like FXOpen.
⚠️
This forecast represents FXOpen Companies opinion only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Companies products and services or as financial advice.
Market Insights with Gary Thomson: US Inflation Rate, UK GDP Growth Rate, US PPI, Earnings Reports
In this video, we’ll explore the key economic events, market trends, and corporate news shaping the financial landscape. Get ready for expert insights into forex, commodities, and stocks to help you navigate the week ahead. Let’s dive in!
In this episode, we discuss:
🔸 US Inflation Rate
Ahead of the 13th May US inflation report, markets remain tense amid global political and economic uncertainties. Last month, inflation dipped, but unclear trade moves keep volatility risks high. Will it continue cooling — or more turbulence ahead?
🔸UK GDP Growth Rate
UK GDP data on 15th May may shed light on whether the recent rebound is sustainable, as rising domestic costs and trade headwinds raise doubts about continued growth. Is growth gaining traction — or losing steam?
🔸US Producer Price Index
US PPI data on 15th May could clarify if March’s drop reflected real easing inflation — or deeper economic risks ahead.
🔸Corporate Earnings Statements
Walmart and Alibaba will release earnings on 15th May before the market opens — results that could stir market sentiment amid ongoing global uncertainty.
Don’t miss out—gain insights to stay ahead in your trading journey.
https://cutt.ly/zrzz0UXk
To take advantage of price fluctuations in the foreign exchange markets, consider enlisting the services of a reliable broker like FXOpen.
⚠️
This forecast represents FXOpen Companies opinion only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Companies products and services or as financial advice.
YouTube
Market Insights with Gary Thomson: US Inflation Rate, UK GDP Growth Rate, US PPI, Earnings Reports
In this video, we’ll explore the key economic events, market trends, and corporate news shaping the financial landscape. Get ready for expert insights into forex, commodities, and stocks to help you navigate the week ahead. Let’s dive in!
In this episode:…
In this episode:…
👍2
#stockmarket #stocktrading #MarketUpdates #marketanalysis
Hang Seng Index Pulls Back as Trade Deal Optimism Fades
Yesterday, Hong Kong’s Hang Seng Index (Hong Kong 50 on FXOpen) climbed above the 23,600 mark, supported by progress made during US–China tariff negotiations.
However, today the Hang Seng Index (HSI) has dropped towards the 23,100 level, which may be explained by fading optimism that dominated the market a day earlier.
According to Reuters, Christopher Hodge, Chief Economist at investment bank Natixis, stated that “these talks will yield nothing of long-term value. Ultimately, tariffs will still be significantly higher and will weigh on US economic growth.”
Technical Analysis of the Hang Seng Index (HSI) Chart
Price movements are forming an upward trend channel (marked in blue), with the following features:
→ The price is situated in the upper half of the channel (a sign of demand), and the upper boundary appears to act clearly as resistance;
→ Yesterday’s reversal suggests that bears became active above the former support area near the 23,385 level.
In this context, it is reasonable to assume that the Hang Seng Index (Hong Kong 50 on FXOpen) may test the support zone formed by the psychological level of 23,000 and the median line of the ascending channel. If the fundamental backdrop gives markets more reasons for caution, a deeper correction towards the lower boundary of the blue channel cannot be ruled out.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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.
Hang Seng Index Pulls Back as Trade Deal Optimism Fades
Yesterday, Hong Kong’s Hang Seng Index (Hong Kong 50 on FXOpen) climbed above the 23,600 mark, supported by progress made during US–China tariff negotiations.
However, today the Hang Seng Index (HSI) has dropped towards the 23,100 level, which may be explained by fading optimism that dominated the market a day earlier.
According to Reuters, Christopher Hodge, Chief Economist at investment bank Natixis, stated that “these talks will yield nothing of long-term value. Ultimately, tariffs will still be significantly higher and will weigh on US economic growth.”
Technical Analysis of the Hang Seng Index (HSI) Chart
Price movements are forming an upward trend channel (marked in blue), with the following features:
→ The price is situated in the upper half of the channel (a sign of demand), and the upper boundary appears to act clearly as resistance;
→ Yesterday’s reversal suggests that bears became active above the former support area near the 23,385 level.
In this context, it is reasonable to assume that the Hang Seng Index (Hong Kong 50 on FXOpen) may test the support zone formed by the psychological level of 23,000 and the median line of the ascending channel. If the fundamental backdrop gives markets more reasons for caution, a deeper correction towards the lower boundary of the blue channel cannot be ruled out.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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
#AMZN #amazon #MarketNews #stockmarket
Amazon (AMZN) shares jump more than 7%
As shown in the Amazon (AMZN) share chart, the price surged by over 7% yesterday, breaking above the key psychological level of $200 and closing at its highest point since early March.
The sharp rise in demand was driven by reports of a trade truce between the US and China following talks in Geneva. According to Reuters, the US has decided to lower the “de minimis” threshold on goods from China. This move could help de-escalate a potentially damaging trade war between the world’s two largest economies. For AMZN stock, this is a bullish signal, as Amazon sells a wide range of low-cost Chinese goods.
Technical analysis of Amazon (AMZN) shares
From a bearish perspective, the AMZN price has recovered to the 0.618 Fibonacci retracement level after falling from an all-time high to the early April low. In this context, selling pressure may re-emerge with the intention of resuming the downtrend—especially as most oscillators on the chart are signalling strong overbought conditions.
From a bullish perspective:
→ The pattern of higher highs and higher lows in late April and early May may have outlined the median of an ascending channel;
→ Yesterday’s price surge in AMZN shares may point to the channel’s upper boundary.
Given these conditions, it is reasonable to expect a minor pullback before the Amazon’s stock price resumes its upward trajectory within the blue channel.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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.
Amazon (AMZN) shares jump more than 7%
As shown in the Amazon (AMZN) share chart, the price surged by over 7% yesterday, breaking above the key psychological level of $200 and closing at its highest point since early March.
The sharp rise in demand was driven by reports of a trade truce between the US and China following talks in Geneva. According to Reuters, the US has decided to lower the “de minimis” threshold on goods from China. This move could help de-escalate a potentially damaging trade war between the world’s two largest economies. For AMZN stock, this is a bullish signal, as Amazon sells a wide range of low-cost Chinese goods.
Technical analysis of Amazon (AMZN) shares
From a bearish perspective, the AMZN price has recovered to the 0.618 Fibonacci retracement level after falling from an all-time high to the early April low. In this context, selling pressure may re-emerge with the intention of resuming the downtrend—especially as most oscillators on the chart are signalling strong overbought conditions.
From a bullish perspective:
→ The pattern of higher highs and higher lows in late April and early May may have outlined the median of an ascending channel;
→ Yesterday’s price surge in AMZN shares may point to the channel’s upper boundary.
Given these conditions, it is reasonable to expect a minor pullback before the Amazon’s stock price resumes its upward trajectory within the blue channel.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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 #stocktrading #stockmarket #MarketUpdates #MarketNews
S&P 500 Index May Lose Upward Momentum
Yesterday’s inflation data release held no major surprises, as the actual Consumer Price Index (CPI) figures came in close to analysts’ forecasts.
According to Forex Factory:
→ Annual CPI: actual = 2.3%, forecast = 2.4%, previous = 2.4%;
→ Monthly Core CPI: actual = 0.2%, forecast = 0.3%, previous = 0.1%.
Overall, stock indices rose yesterday, but according to media reports, this momentum may begin to slow in the near future:
→ UBS analysts downgraded their rating on US equities from “attractive” to “neutral” following the recovery from early April lows;
→ Goldman Sachs analysts believe that the US stock market rally could stall at current levels. In their view, the S&P 500 (US SPX 500 mini on FXOpen) is likely to reach 5900 over the next three months.
Technical Analysis of the E-Mini S&P 500 Chart
The chart provides more reasons to suggest that the current pace of growth may begin to slow.
Firstly, the index has entered a broad range between 5800 and 6120, where it spent a prolonged period during late 2024 and early 2025. This is a zone (highlighted in purple) where supply and demand previously reached a stable equilibrium — and similar balance could potentially emerge again.
Secondly:
→ the slope of the current upward channel (marked in black) appears excessively steep;
→ the RSI indicator points to a divergence;
→ the psychological level of 6000 may act as resistance.
Given the above, special attention should be paid to the scenario in which the S&P 500 (US SPX 500 mini on FXOpen) forms a short-term correction before the end of the month.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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 Index May Lose Upward Momentum
Yesterday’s inflation data release held no major surprises, as the actual Consumer Price Index (CPI) figures came in close to analysts’ forecasts.
According to Forex Factory:
→ Annual CPI: actual = 2.3%, forecast = 2.4%, previous = 2.4%;
→ Monthly Core CPI: actual = 0.2%, forecast = 0.3%, previous = 0.1%.
Overall, stock indices rose yesterday, but according to media reports, this momentum may begin to slow in the near future:
→ UBS analysts downgraded their rating on US equities from “attractive” to “neutral” following the recovery from early April lows;
→ Goldman Sachs analysts believe that the US stock market rally could stall at current levels. In their view, the S&P 500 (US SPX 500 mini on FXOpen) is likely to reach 5900 over the next three months.
Technical Analysis of the E-Mini S&P 500 Chart
The chart provides more reasons to suggest that the current pace of growth may begin to slow.
Firstly, the index has entered a broad range between 5800 and 6120, where it spent a prolonged period during late 2024 and early 2025. This is a zone (highlighted in purple) where supply and demand previously reached a stable equilibrium — and similar balance could potentially emerge again.
Secondly:
→ the slope of the current upward channel (marked in black) appears excessively steep;
→ the RSI indicator points to a divergence;
→ the psychological level of 6000 may act as resistance.
Given the above, special attention should be paid to the scenario in which the S&P 500 (US SPX 500 mini on FXOpen) forms a short-term correction before the end of the month.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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
#NVDA #nvidia #stocktrading #stockmarket #MarketNews #MarketUpdates
Nvidia (NVDA) Share Price Jumps Over 5%
Nvidia (NVDA) shares surged to the $130 mark yesterday – a level not seen since late February 2025. This strong rise, marked by a wide bullish candlestick, helped Nvidia reclaim its status as a company valued at over $3 trillion.
Why Nvidia (NVDA) Shares Are Rising
The bullish sentiment has been driven by several factors, including:
→ Price increases on products: Nvidia has raised prices on its graphics cards and data centre chips. The GeForce RTX 5090 has risen by more than 10%, while the RTX 50 series is up by 5–10%.
→ News of a major contract: The company will supply chips to an AI start-up backed by Saudi Arabia. In addition, media reports suggest that the US government is considering a deal allowing the UAE to purchase up to 500,000 Nvidia chips annually until 2027.
All of this could positively impact Nvidia’s revenue, encouraging investors to buy NVDA shares.
Technical Analysis of Nvidia (NVDA) Stock Chart
Yesterday’s sharp rally suggests a breakout from the descending channel (marked in red), which had remained in place since late last year.
The breakout occurred near the $123 level, which had previously acted as resistance. It is therefore possible that if there is a pullback in the NVDA stock price, this level could act as support (“breakout retest” pattern), confirming the breakdown of the descending channel and strengthening the outlook for further growth.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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) Share Price Jumps Over 5%
Nvidia (NVDA) shares surged to the $130 mark yesterday – a level not seen since late February 2025. This strong rise, marked by a wide bullish candlestick, helped Nvidia reclaim its status as a company valued at over $3 trillion.
Why Nvidia (NVDA) Shares Are Rising
The bullish sentiment has been driven by several factors, including:
→ Price increases on products: Nvidia has raised prices on its graphics cards and data centre chips. The GeForce RTX 5090 has risen by more than 10%, while the RTX 50 series is up by 5–10%.
→ News of a major contract: The company will supply chips to an AI start-up backed by Saudi Arabia. In addition, media reports suggest that the US government is considering a deal allowing the UAE to purchase up to 500,000 Nvidia chips annually until 2027.
All of this could positively impact Nvidia’s revenue, encouraging investors to buy NVDA shares.
Technical Analysis of Nvidia (NVDA) Stock Chart
Yesterday’s sharp rally suggests a breakout from the descending channel (marked in red), which had remained in place since late last year.
The breakout occurred near the $123 level, which had previously acted as resistance. It is therefore possible that if there is a pullback in the NVDA stock price, this level could act as support (“breakout retest” pattern), confirming the breakdown of the descending channel and strengthening the outlook for further growth.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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 #MarketUpdates #marketanalysis
Gold Price Drops to Lowest Level in Over a Month
As shown on the XAU/USD chart, the price of gold fell below $3,130 this morning – its lowest level since 10 April.
Since its peak in May, gold has lost more than 8% in value per ounce.
Why Is Gold Falling?
Bearish sentiment in the gold market may be fuelled by easing geopolitical tensions. According to media reports:
→ China and the US have already reported progress in reaching a trade agreement, while details of potential deals with India, Japan, and South Korea are currently being developed.
→ Iran is reportedly willing to sign a nuclear deal in exchange for the lifting of sanctions. In addition, Donald Trump may lift sanctions on Syria during his visit to the Middle East.
→ The situation between India and Pakistan has stabilised, and today, talks between Russia and Ukraine are expected to take place in Istanbul, with a potential ceasefire on the agenda.
These developments could be seen as reducing the appeal of gold as a safe-haven asset.
Technical Analysis of the XAU/USD Chart
In our 7 May gold price analysis, we:
→ outlined a descending channel (marked in red);
→ noted that bearish pressure persisted above $3,400.
Since then, the gold (XAU/USD) price has continued to move within this channel, breaking support around the $3,200 level and approaching a key support zone formed by:
→ the lower boundary of the red channel;
→ a long-term trendline (marked in blue);
→ a former resistance level (highlighted with arrows) at $3,140.
Given these conditions, traders should consider a scenario in which a minor rebound may occur – for instance, towards the median line of the red channel.
Start trading commodities with tight spreads. Open your trading account now or learn more about trading commodity CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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 Drops to Lowest Level in Over a Month
As shown on the XAU/USD chart, the price of gold fell below $3,130 this morning – its lowest level since 10 April.
Since its peak in May, gold has lost more than 8% in value per ounce.
Why Is Gold Falling?
Bearish sentiment in the gold market may be fuelled by easing geopolitical tensions. According to media reports:
→ China and the US have already reported progress in reaching a trade agreement, while details of potential deals with India, Japan, and South Korea are currently being developed.
→ Iran is reportedly willing to sign a nuclear deal in exchange for the lifting of sanctions. In addition, Donald Trump may lift sanctions on Syria during his visit to the Middle East.
→ The situation between India and Pakistan has stabilised, and today, talks between Russia and Ukraine are expected to take place in Istanbul, with a potential ceasefire on the agenda.
These developments could be seen as reducing the appeal of gold as a safe-haven asset.
Technical Analysis of the XAU/USD Chart
In our 7 May gold price analysis, we:
→ outlined a descending channel (marked in red);
→ noted that bearish pressure persisted above $3,400.
Since then, the gold (XAU/USD) price has continued to move within this channel, breaking support around the $3,200 level and approaching a key support zone formed by:
→ the lower boundary of the red channel;
→ a long-term trendline (marked in blue);
→ a former resistance level (highlighted with arrows) at $3,140.
Given these conditions, traders should consider a scenario in which a minor rebound may occur – for instance, towards the median line of the red channel.
Start trading commodities with tight spreads. Open your trading account now or learn more about trading commodity CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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
#stockmarket #stocktrading #MarketUpdates #marketanalysis #sp500
Coinbase (COIN) Shares to Be Added to the S&P 500
According to media reports, shares of the cryptocurrency exchange Coinbase Global (COIN) are scheduled to be added to the S&P 500 index (US SPX 500 mini on FXOpen) on 19 May, replacing Discover Financial Services (DFS), which is in the final stages of being acquired by Capital One Financial (COF). The deal, having received all necessary approvals from regulators and shareholders of both companies, is expected to be completed on 18 May 2025.
As a result, Coinbase Global will become the first cryptocurrency-related company to be included in the S&P 500 index — a development that sent COIN shares surging to their highest level since late February. Inclusion in the S&P 500 is considered a bullish catalyst, as it suggests increased demand for the stock from index funds and signals improved prospects. Analysts have taken note; Rosenblatt Securities raised their price target for Coinbase Global Inc. (COIN) from $260 to $300.
Technical Analysis of COIN Stock Chart
In previous analyses of the COIN stock chart, we:
→ drew a descending channel;
→ identified a resistance zone in the $225–240 range (highlighted in purple).
However, the surge in demand triggered by the news of COIN’s inclusion in the S&P 500 has led to:
→ the descending channel appearing to lose relevance entirely;
→ the price gapping above the purple resistance zone;
→ increasing grounds to draw a potential upward trend trajectory (shown with blue lines).
Given the current momentum, it is possible that the COIN share price could rise towards the psychological $300 level, which acted as resistance earlier in 2025.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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.
Coinbase (COIN) Shares to Be Added to the S&P 500
According to media reports, shares of the cryptocurrency exchange Coinbase Global (COIN) are scheduled to be added to the S&P 500 index (US SPX 500 mini on FXOpen) on 19 May, replacing Discover Financial Services (DFS), which is in the final stages of being acquired by Capital One Financial (COF). The deal, having received all necessary approvals from regulators and shareholders of both companies, is expected to be completed on 18 May 2025.
As a result, Coinbase Global will become the first cryptocurrency-related company to be included in the S&P 500 index — a development that sent COIN shares surging to their highest level since late February. Inclusion in the S&P 500 is considered a bullish catalyst, as it suggests increased demand for the stock from index funds and signals improved prospects. Analysts have taken note; Rosenblatt Securities raised their price target for Coinbase Global Inc. (COIN) from $260 to $300.
Technical Analysis of COIN Stock Chart
In previous analyses of the COIN stock chart, we:
→ drew a descending channel;
→ identified a resistance zone in the $225–240 range (highlighted in purple).
However, the surge in demand triggered by the news of COIN’s inclusion in the S&P 500 has led to:
→ the descending channel appearing to lose relevance entirely;
→ the price gapping above the purple resistance zone;
→ increasing grounds to draw a potential upward trend trajectory (shown with blue lines).
Given the current momentum, it is possible that the COIN share price could rise towards the psychological $300 level, which acted as resistance earlier in 2025.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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
#NFLX #netflix #stocktrading #marketanalysis
Netflix (NFLX) Share Price Reaches Record High
According to the charts, Netflix (NFLX) shares have risen above $1,170 – the highest level in the company’s history. Since the start of 2025, the price of NFLX stock has increased by approximately 33%, while the S&P 500 index (US SPX 500 mini on FXOpen) remains close to its opening levels from 2 January.
Why Is Netflix (NFLX) Performing Strongly?
A month ago, we highlighted several factors contributing to NFLX’s outperformance relative to the broader stock market. Among them is the fact that Netflix does not offer tradable goods subject to tariffs in trade wars. As a result, the company could potentially benefit from an economic downturn if consumers spend more time at home.
According to recent reports:
→ Netflix has announced that 94 million subscribers are now using its low-cost ad-supported plan – a figure more than a third higher than the 70 million reported in November.
→ The company also forecasts that advertising revenue will double this year.
Technical Analysis of the NFLX Share Chart
The share price continues to move within the upward channel (shown in blue) we identified previously. At the same time:
→ the price is currently near the upper boundary of this channel, which has repeatedly acted as resistance (as indicated by arrows);
→ the RSI indicator shows a potential bearish divergence.
Under these conditions, a corrective move in Netflix’s stock price cannot be ruled out – for example, towards line Q or the channel median.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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.
Netflix (NFLX) Share Price Reaches Record High
According to the charts, Netflix (NFLX) shares have risen above $1,170 – the highest level in the company’s history. Since the start of 2025, the price of NFLX stock has increased by approximately 33%, while the S&P 500 index (US SPX 500 mini on FXOpen) remains close to its opening levels from 2 January.
Why Is Netflix (NFLX) Performing Strongly?
A month ago, we highlighted several factors contributing to NFLX’s outperformance relative to the broader stock market. Among them is the fact that Netflix does not offer tradable goods subject to tariffs in trade wars. As a result, the company could potentially benefit from an economic downturn if consumers spend more time at home.
According to recent reports:
→ Netflix has announced that 94 million subscribers are now using its low-cost ad-supported plan – a figure more than a third higher than the 70 million reported in November.
→ The company also forecasts that advertising revenue will double this year.
Technical Analysis of the NFLX Share Chart
The share price continues to move within the upward channel (shown in blue) we identified previously. At the same time:
→ the price is currently near the upper boundary of this channel, which has repeatedly acted as resistance (as indicated by arrows);
→ the RSI indicator shows a potential bearish divergence.
Under these conditions, a corrective move in Netflix’s stock price cannot be ruled out – for example, towards line Q or the channel median.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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
#Markets #Investing #InterestRates #Inflation #StockMarket #EarningsSeason #CentralBank #EconomicUpdate #FinanceNews
Market Insights with Gary Thomson: RBA Rate Decision, Canada & UK Inflation Rate, Earnings Reports
In this video, we’ll explore the key economic events, market trends, and corporate news shaping the financial landscape. Get ready for expert insights into forex, commodities, and stocks to help you navigate the week ahead. Let’s dive in!
In this episode, we discuss:
🔸RBA’s Interest Rate Decision
The Reserve Bank of Australia (RBA) is expected to cut rates on 20th May amid easing inflation. Markets eye the size of the cut and policy signals. Will the RBA surprise with a larger rate cut or unexpected guidance?
🔸Inflation Rate in Canada
Canada’s inflation data on 20th May is key before the Bank of Canada’s June decision. Inflation may drop to 1.5%, but US tariffs could push prices up.
🔸Inflation Rate in the UK
UK inflation data on 21st May may influence the Bank of England’s rate decisions. Will April’s figures show easing inflation and lead to more rate cuts or a pause?
🔸Corporate Earnings Statements
Corporate earnings season is underway, with major company results set to impact market direction amid ongoing global uncertainty.
Don’t miss out—gain insights to stay ahead in your trading journey.
https://cutt.ly/grx0VXQm
To take advantage of price fluctuations in the foreign exchange markets, consider enlisting the services of a reliable broker like FXOpen.
⚠️
This forecast represents FXOpen Companies opinion only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Companies products and services or as financial advice.
Market Insights with Gary Thomson: RBA Rate Decision, Canada & UK Inflation Rate, Earnings Reports
In this video, we’ll explore the key economic events, market trends, and corporate news shaping the financial landscape. Get ready for expert insights into forex, commodities, and stocks to help you navigate the week ahead. Let’s dive in!
In this episode, we discuss:
🔸RBA’s Interest Rate Decision
The Reserve Bank of Australia (RBA) is expected to cut rates on 20th May amid easing inflation. Markets eye the size of the cut and policy signals. Will the RBA surprise with a larger rate cut or unexpected guidance?
🔸Inflation Rate in Canada
Canada’s inflation data on 20th May is key before the Bank of Canada’s June decision. Inflation may drop to 1.5%, but US tariffs could push prices up.
🔸Inflation Rate in the UK
UK inflation data on 21st May may influence the Bank of England’s rate decisions. Will April’s figures show easing inflation and lead to more rate cuts or a pause?
🔸Corporate Earnings Statements
Corporate earnings season is underway, with major company results set to impact market direction amid ongoing global uncertainty.
Don’t miss out—gain insights to stay ahead in your trading journey.
https://cutt.ly/grx0VXQm
To take advantage of price fluctuations in the foreign exchange markets, consider enlisting the services of a reliable broker like FXOpen.
⚠️
This forecast represents FXOpen Companies opinion only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Companies products and services or as financial advice.
YouTube
Market Insights with Gary Thomson: RBA Rate Decision, Canada & UK Inflation Rate, Earnings Reports
In this video, we’ll explore the key economic events, market trends, and corporate news shaping the financial landscape. Get ready for expert insights into forex, commodities, and stocks to help you navigate the week ahead. Let’s dive in!
In this episode…
In this episode…
👍2
#sp500 #stocktrading #stockmarket #MarketUpdates #marketanalysis
S&P 500 Falls Following Downgrade of US Credit Rating
On Friday, 16 May, after markets had closed, Moody’s Ratings announced a downgrade of the long-term sovereign credit rating of the United States from the highest level of Aaa to Aa1. The key reasons cited by Moody’s were the rising national debt and interest payments, as well as expectations of a further increase in the budget deficit. Notably:
→ The downgrade was hardly a surprise. A similar move was made by Standard & Poor’s back in 2011, while Fitch Ratings followed suit in August 2023.
→ The official response may be seen as reassuring for market participants. US Treasury Secretary Scott Bessent played down concerns about the downgrade in an interview with NBC News, calling credit ratings “lagging indicators” and placing the blame on the previous administration.
→ Despite the downgrade, Moody’s acknowledged the US dollar’s role as the world’s reserve currency and stated that the United States “retains exceptional credit strengths, such as the size, resilience, and dynamism of its economy.”
Stock Market Reaction
The announcement triggered a negative market reaction, reflected in falling prices during Monday morning’s opening session. E-mini S&P 500 futures (US SPX 500 mini on FXOpen) retreated, as indicated by the arrow on the chart, pulling back from the highs reached by Friday’s close.
Last week, we pointed out signs of slowing momentum in the S&P 500 rally. Could the decline continue further?
Technical Analysis of the S&P 500 Chart
By drawing lines A, B, and C through the May rally peaks, we can observe a gradual flattening of the slope — suggesting that the bulls are losing momentum and confidence.
The price is currently trading between local lines C and C1, but it is reasonable to assume that the opening of the US session may bring renewed bearish pressure — potentially pushing the price lower, towards the bottom boundary of the broader upward channel (marked in blue).
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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 Falls Following Downgrade of US Credit Rating
On Friday, 16 May, after markets had closed, Moody’s Ratings announced a downgrade of the long-term sovereign credit rating of the United States from the highest level of Aaa to Aa1. The key reasons cited by Moody’s were the rising national debt and interest payments, as well as expectations of a further increase in the budget deficit. Notably:
→ The downgrade was hardly a surprise. A similar move was made by Standard & Poor’s back in 2011, while Fitch Ratings followed suit in August 2023.
→ The official response may be seen as reassuring for market participants. US Treasury Secretary Scott Bessent played down concerns about the downgrade in an interview with NBC News, calling credit ratings “lagging indicators” and placing the blame on the previous administration.
→ Despite the downgrade, Moody’s acknowledged the US dollar’s role as the world’s reserve currency and stated that the United States “retains exceptional credit strengths, such as the size, resilience, and dynamism of its economy.”
Stock Market Reaction
The announcement triggered a negative market reaction, reflected in falling prices during Monday morning’s opening session. E-mini S&P 500 futures (US SPX 500 mini on FXOpen) retreated, as indicated by the arrow on the chart, pulling back from the highs reached by Friday’s close.
Last week, we pointed out signs of slowing momentum in the S&P 500 rally. Could the decline continue further?
Technical Analysis of the S&P 500 Chart
By drawing lines A, B, and C through the May rally peaks, we can observe a gradual flattening of the slope — suggesting that the bulls are losing momentum and confidence.
The price is currently trading between local lines C and C1, but it is reasonable to assume that the opening of the US session may bring renewed bearish pressure — potentially pushing the price lower, towards the bottom boundary of the broader upward channel (marked in blue).
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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
#WMT #stocktrading #stockmarket #MarketUpdates #marketanalysis
Analysing the Spike in Volatility on the Walmart (WMT) Share Price Chart
On Thursday, the US retail giant reported its quarterly results — which turned out to be broadly better than expected. While total revenue was roughly in line with analysts’ forecasts, earnings per share came in higher at $0.61 versus the expected $0.57.
At the same time, Walmart CEO Doug McMillon stated on Thursday:
"We will do everything we can to keep our prices as low as possible. But given the scale of the tariffs, even at reduced levels, we won't be able to absorb all the pressure, considering the reality of tight retail margins."
This statement may have raised concerns among market participants about the company’s future earnings, contributing to Friday’s drop in the share price to $92.
It also drew the attention of the US President. On Saturday, Donald Trump said that Walmart (WMT) should “swallow the tariffs” instead of blaming them and raising prices.
In response, Walmart reiterated that it will keep prices as low as possible for as long as it can — which has always been the company’s approach.
Technical Analysis of the WMT Stock Price Chart
Looking at the broader market context, we can see that price fluctuations formed a narrowing triangle in late April — a sign that buyers and sellers had reached some agreement around a fair value of approximately $95.50.
In early May, sentiment shifted in favour of the bulls, with this level acting as support (marked by an arrow).
The earnings release triggered a spike in volatility — the ATR indicator is now at a one-month high. The Walmart stock price extremes seen at the end of last week suggest two key levels, roughly equidistant from the $95.50 axis:
→ resistance around $99 (reinforced by the psychological level of $100);
→ support around $92.
Given the above, it is reasonable to suggest that once the market has digested the news, price movements may calm down again. In that case, we may well see another narrowing triangle form on the WMT chart — slightly above the previous one.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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.
Analysing the Spike in Volatility on the Walmart (WMT) Share Price Chart
On Thursday, the US retail giant reported its quarterly results — which turned out to be broadly better than expected. While total revenue was roughly in line with analysts’ forecasts, earnings per share came in higher at $0.61 versus the expected $0.57.
At the same time, Walmart CEO Doug McMillon stated on Thursday:
"We will do everything we can to keep our prices as low as possible. But given the scale of the tariffs, even at reduced levels, we won't be able to absorb all the pressure, considering the reality of tight retail margins."
This statement may have raised concerns among market participants about the company’s future earnings, contributing to Friday’s drop in the share price to $92.
It also drew the attention of the US President. On Saturday, Donald Trump said that Walmart (WMT) should “swallow the tariffs” instead of blaming them and raising prices.
In response, Walmart reiterated that it will keep prices as low as possible for as long as it can — which has always been the company’s approach.
Technical Analysis of the WMT Stock Price Chart
Looking at the broader market context, we can see that price fluctuations formed a narrowing triangle in late April — a sign that buyers and sellers had reached some agreement around a fair value of approximately $95.50.
In early May, sentiment shifted in favour of the bulls, with this level acting as support (marked by an arrow).
The earnings release triggered a spike in volatility — the ATR indicator is now at a one-month high. The Walmart stock price extremes seen at the end of last week suggest two key levels, roughly equidistant from the $95.50 axis:
→ resistance around $99 (reinforced by the psychological level of $100);
→ support around $92.
Given the above, it is reasonable to suggest that once the market has digested the news, price movements may calm down again. In that case, we may well see another narrowing triangle form on the WMT chart — slightly above the previous one.
Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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
#forextrading #tradingtips #MarketUpdates #marketanalysis
RBA Cuts Rates. AUD Declines
Today, the Reserve Bank of Australia (RBA) decided to cut the interest rate from 4.10% to 3.85%, continuing its easing policy after a previous cut from 4.35% in February.
According to Reuters, the RBA today cited:
→ progress made in bringing inflation under control;
→ economic risks linked to the ongoing global trade war.
Although the RBA’s decision was widely expected, the Australian dollar weakened noticeably against other currencies — including the New Zealand dollar. The AUD/NZD rate fell to its lowest level in nearly two weeks.
Technical Analysis of the AUD/NZD Chart
From a technical perspective, a bearish breakout occurred:
→ below the lower boundary of the upward trend channel that began in April;
→ and below the 1.087 level, which had served as support in mid-May.
It is possible that:
→ the decline may slow around the 1.083 support zone, where strong demand was evident in the long lower wicks of the 9 May candles (marked with an arrow);
→ the 1.0870–1.0880 area will act as resistance going forward, potentially leading to a retest of the bearish breakout zone on the AUD/NZD chart.
As the market continues to price in the RBA’s decision, attention will turn to the Reserve Bank of New Zealand meeting on 28 May, where a similar rate cut could be on the table.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips. Open your FXOpen account now or learn more about trading forex with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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.
RBA Cuts Rates. AUD Declines
Today, the Reserve Bank of Australia (RBA) decided to cut the interest rate from 4.10% to 3.85%, continuing its easing policy after a previous cut from 4.35% in February.
According to Reuters, the RBA today cited:
→ progress made in bringing inflation under control;
→ economic risks linked to the ongoing global trade war.
Although the RBA’s decision was widely expected, the Australian dollar weakened noticeably against other currencies — including the New Zealand dollar. The AUD/NZD rate fell to its lowest level in nearly two weeks.
Technical Analysis of the AUD/NZD Chart
From a technical perspective, a bearish breakout occurred:
→ below the lower boundary of the upward trend channel that began in April;
→ and below the 1.087 level, which had served as support in mid-May.
It is possible that:
→ the decline may slow around the 1.083 support zone, where strong demand was evident in the long lower wicks of the 9 May candles (marked with an arrow);
→ the 1.0870–1.0880 area will act as resistance going forward, potentially leading to a retest of the bearish breakout zone on the AUD/NZD chart.
As the market continues to price in the RBA’s decision, attention will turn to the Reserve Bank of New Zealand meeting on 28 May, where a similar rate cut could be on the table.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips. Open your FXOpen account now or learn more about trading forex with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
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