#META #stocktrading #stocks #MarketNews #marketanalysis
Meta Platforms (META) Shares Surge Over 3% in a Day
Shares of American tech giant Meta Platforms (META) rose approximately 3.6% yesterday, continuing their upward trend after gaining about 18% in May.
Why Is META Stock Rising?
Reports emerged yesterday that the company plans to fully automate the ad creation process using artificial intelligence.
According to the Wall Street Journal, Meta Platforms (META) is developing a system that will allow ads to be fully created and targeted using artificial intelligence tools by the end of next year.
How Could AI-Based Social Media Advertising Work?
A brand provides a product image and budget, and Meta’s AI then:
→ generates ads that include images, videos, and text;
→ identifies the target audience across Instagram and Facebook (with a combined audience of over 3 billion users);
→ enables advertisers to personalise ads so that users see different versions of the same ad in real-time, based on factors like geolocation.
Technical Analysis of META Chart
From a bearish perspective:
→ the price has reached a line that previously acted as support but has now shown signs of becoming resistance (as indicated by arrows);
→ the round $700 level is seen as a psychological barrier, which the price failed to break above in February.
From a bullish perspective, a key support zone lies between the psychological level of $600 and the upper boundary of the bullish gap from 12th May around $622.
It’s worth noting that META's stock rally is underpinned by strong fundamentals:
→ the latest earnings report exceeded analysts’ expectations;
→ optimistic revenue forecasts through the end of the year;
→ hopes that trade wars will have minimal impact on social media platforms.
Therefore, it’s reasonable to assume that buyers may retain control and push towards new all-time highs above $700.
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.
Meta Platforms (META) Shares Surge Over 3% in a Day
Shares of American tech giant Meta Platforms (META) rose approximately 3.6% yesterday, continuing their upward trend after gaining about 18% in May.
Why Is META Stock Rising?
Reports emerged yesterday that the company plans to fully automate the ad creation process using artificial intelligence.
According to the Wall Street Journal, Meta Platforms (META) is developing a system that will allow ads to be fully created and targeted using artificial intelligence tools by the end of next year.
How Could AI-Based Social Media Advertising Work?
A brand provides a product image and budget, and Meta’s AI then:
→ generates ads that include images, videos, and text;
→ identifies the target audience across Instagram and Facebook (with a combined audience of over 3 billion users);
→ enables advertisers to personalise ads so that users see different versions of the same ad in real-time, based on factors like geolocation.
Technical Analysis of META Chart
From a bearish perspective:
→ the price has reached a line that previously acted as support but has now shown signs of becoming resistance (as indicated by arrows);
→ the round $700 level is seen as a psychological barrier, which the price failed to break above in February.
From a bullish perspective, a key support zone lies between the psychological level of $600 and the upper boundary of the bullish gap from 12th May around $622.
It’s worth noting that META's stock rally is underpinned by strong fundamentals:
→ the latest earnings report exceeded analysts’ expectations;
→ optimistic revenue forecasts through the end of the year;
→ hopes that trade wars will have minimal impact on social media platforms.
Therefore, it’s reasonable to assume that buyers may retain control and push towards new all-time highs above $700.
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.
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#usdcad #forextrading #tradingtips #marketanalysis
USD/CAD Holds Near 2025 Low
As the chart shows, the USD/CAD exchange rate hit its lowest level of 2025 on 2nd June, nearing the 1.3680 mark. Although there was a partial recovery on 3rd June, it was not substantial.
These fluctuations reflect market participants’ cautious sentiment ahead of key announcements scheduled for today, 4th June:
→ At 15:15 (GMT+3), the ADP Employment Change figures will be released, offering insight into the US employment situation. Traders are concerned as the previous reading was only +61K — a sharp contrast to the consistent triple-digit increases seen throughout 2024.
→ At 16:45 (GMT+3), the Bank of Canada will announce its interest rate decision. According to ForexFactory, analysts expect the overnight rate to remain unchanged at 2.75%, though surprises cannot be ruled out.
Technical Analysis of USD/CAD
Since the second half of April, the price has been moving within a downward channel (marked in red), largely influenced by tariff-related developments in US-Canada trade relations.
Bulls are attempting to prevent further decline, taking advantage of the support provided by the channel’s lower boundary. Note the sharp rebound following a failed bearish breakout (marked with an arrow), which suggests strong demand around the 1.3700 level.
On the other hand, bears have gained control over the 1.3800 level, based on the following:
→ The exchange rate found local support at this level on 29th May, but it was breached on 30th May.
→ The drop from 30th May was notably aggressive, indicating strong selling pressure.
Given the above, it is reasonable to assume that if, following today’s news, the USD/CAD rate remains within the 1.3700–1.3800 range, it may signal that supply and demand have reached a stable balance. This could suggest that the pair is ready to stabilise after the intense volatility seen in the first half of April.
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.
USD/CAD Holds Near 2025 Low
As the chart shows, the USD/CAD exchange rate hit its lowest level of 2025 on 2nd June, nearing the 1.3680 mark. Although there was a partial recovery on 3rd June, it was not substantial.
These fluctuations reflect market participants’ cautious sentiment ahead of key announcements scheduled for today, 4th June:
→ At 15:15 (GMT+3), the ADP Employment Change figures will be released, offering insight into the US employment situation. Traders are concerned as the previous reading was only +61K — a sharp contrast to the consistent triple-digit increases seen throughout 2024.
→ At 16:45 (GMT+3), the Bank of Canada will announce its interest rate decision. According to ForexFactory, analysts expect the overnight rate to remain unchanged at 2.75%, though surprises cannot be ruled out.
Technical Analysis of USD/CAD
Since the second half of April, the price has been moving within a downward channel (marked in red), largely influenced by tariff-related developments in US-Canada trade relations.
Bulls are attempting to prevent further decline, taking advantage of the support provided by the channel’s lower boundary. Note the sharp rebound following a failed bearish breakout (marked with an arrow), which suggests strong demand around the 1.3700 level.
On the other hand, bears have gained control over the 1.3800 level, based on the following:
→ The exchange rate found local support at this level on 29th May, but it was breached on 30th May.
→ The drop from 30th May was notably aggressive, indicating strong selling pressure.
Given the above, it is reasonable to assume that if, following today’s news, the USD/CAD rate remains within the 1.3700–1.3800 range, it may signal that supply and demand have reached a stable balance. This could suggest that the pair is ready to stabilise after the intense volatility seen in the first half of April.
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.
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XBR/USD Chart Analysis: Oil Price Rises to Key Resistance
Yesterday, the price of Brent crude climbed above $65.60 — the highest level in over a week.
According to media reports, several bullish factors are driving this move:
→ Stalled negotiations between the US and Iran over abandoning Iran’s nuclear programme in exchange for lifting oil export sanctions;
→ Wildfires in Canada, which have significantly reduced oil output;
→ Market reaction to the OPEC+ meeting held over the weekend;
→ A weakening US dollar.
Technical Analysis of the XBR/USD Chart
From a technical standpoint, Brent crude oil:
→ Has been forming a short-term ascending channel (marked in blue) since the beginning of the week;
→ Has approached a major resistance level.
This resistance is defined by the upper boundary of a narrowing triangle, with its central axis around the $63.70 level — a price that could be considered a fair value based on trading over the past one and a half months.
This situation points to two possible scenarios:
→ A downward reversal from the key resistance, with expectations that the price will return to the triangle’s central axis. A break below the lower boundary of the local blue channel would support this scenario.
→ An attempt at a bullish breakout of the triangle. While this scenario cannot be ruled out, it appears less likely due to the global economic slowdown risks posed by tariff-related trade barriers.
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.
Yesterday, the price of Brent crude climbed above $65.60 — the highest level in over a week.
According to media reports, several bullish factors are driving this move:
→ Stalled negotiations between the US and Iran over abandoning Iran’s nuclear programme in exchange for lifting oil export sanctions;
→ Wildfires in Canada, which have significantly reduced oil output;
→ Market reaction to the OPEC+ meeting held over the weekend;
→ A weakening US dollar.
Technical Analysis of the XBR/USD Chart
From a technical standpoint, Brent crude oil:
→ Has been forming a short-term ascending channel (marked in blue) since the beginning of the week;
→ Has approached a major resistance level.
This resistance is defined by the upper boundary of a narrowing triangle, with its central axis around the $63.70 level — a price that could be considered a fair value based on trading over the past one and a half months.
This situation points to two possible scenarios:
→ A downward reversal from the key resistance, with expectations that the price will return to the triangle’s central axis. A break below the lower boundary of the local blue channel would support this scenario.
→ An attempt at a bullish breakout of the triangle. While this scenario cannot be ruled out, it appears less likely due to the global economic slowdown risks posed by tariff-related trade barriers.
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.
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#tsla #tesla #stockmarket #stocks #MarketUpdates #marketanalysis
Tesla (TSLA) Share Price Falls by 3.5%
Yesterday, the share price of Tesla (TSLA) dropped by 3.5%, placing it among the five worst-performing stocks of the day in the S&P 500 index (US SPX 500 mini on FXOpen). Since the peak on 29 May, the decline now totals nearly 10%.
Why Tesla (TSLA) Shares Are Falling
Among the bearish factors are:
→ A drop in car sales in Europe. Sales in Germany fell by 36% year-on-year in May.
→ Growing competition from China. May deliveries from Tesla’s Chinese factory were down 15% year-on-year.
→ Elon Musk’s criticism of the US President’s proposed government spending bill.
Media reports also suggest that Musk took offence at staffing decisions at NASA, while Trump is reportedly losing patience with Musk over his attacks on the spending bill.
A potential rift between Musk and Trump could have far-reaching consequences — including for TSLA shares.
Technical Analysis of TSLA Stock Chart
Six days ago, we:
→ Drew an ascending channel (shown in blue), noting that the upper boundary could pose a challenge to further gains;
→ Highlighted the $355–$375 zone (shown in purple) as a possible resistance area;
→ Suggested a correction scenario following a roughly 27% surge in TSLA’s stock price during May.
Since then, the price has dropped towards the median line of the ascending channel. If this fails to offer sufficient support, the correction may continue towards the lower boundary of the channel, which is reinforced by support around the psychological $300 level and former resistance at $290.
News related to the planned rollout of Tesla’s robotaxi trials could significantly impact TSLA’s price movements in June.
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 (TSLA) Share Price Falls by 3.5%
Yesterday, the share price of Tesla (TSLA) dropped by 3.5%, placing it among the five worst-performing stocks of the day in the S&P 500 index (US SPX 500 mini on FXOpen). Since the peak on 29 May, the decline now totals nearly 10%.
Why Tesla (TSLA) Shares Are Falling
Among the bearish factors are:
→ A drop in car sales in Europe. Sales in Germany fell by 36% year-on-year in May.
→ Growing competition from China. May deliveries from Tesla’s Chinese factory were down 15% year-on-year.
→ Elon Musk’s criticism of the US President’s proposed government spending bill.
Media reports also suggest that Musk took offence at staffing decisions at NASA, while Trump is reportedly losing patience with Musk over his attacks on the spending bill.
A potential rift between Musk and Trump could have far-reaching consequences — including for TSLA shares.
Technical Analysis of TSLA Stock Chart
Six days ago, we:
→ Drew an ascending channel (shown in blue), noting that the upper boundary could pose a challenge to further gains;
→ Highlighted the $355–$375 zone (shown in purple) as a possible resistance area;
→ Suggested a correction scenario following a roughly 27% surge in TSLA’s stock price during May.
Since then, the price has dropped towards the median line of the ascending channel. If this fails to offer sufficient support, the correction may continue towards the lower boundary of the channel, which is reinforced by support around the psychological $300 level and former resistance at $290.
News related to the planned rollout of Tesla’s robotaxi trials could significantly impact TSLA’s price movements in June.
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.
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#USDJPY #forextrading #tradingtips #marketanalysis
USD/JPY Analysis: Bears Put Pressure on Key Support
As shown on the USD/JPY chart, the pair is hovering near key support at ¥142.50 per US dollar.
While demand was strong enough at the end of May to lift the exchange rate from this level to a peak around ¥146.00, USD/JPY has once again retreated to the ¥142.50 area.
Why has USD/JPY declined?
On one hand, the US dollar has weakened following disappointing economic data released yesterday. The figures revealed a sharp slowdown in private sector hiring and an unexpected contraction in the US services sector, fuelling concerns over a possible recession.
On the other hand, yen strength is being driven by the Bank of Japan's apparent willingness to raise interest rates — reaffirmed on Tuesday by Governor Kazuo Ueda — which has reinforced expectations of a tightening cycle.
USD/JPY Technical Analysis
In early June, the ¥142.50 level had already shown its role as support (as indicated by the arrow), but it is once again under pressure — a sign of bearish dominance.
Yesterday, sellers broke through local support at ¥143.57, which may now act as resistance.
More US economic data is due on Friday, with key labour market figures set to be released at 15:30 GMT+3. These could potentially trigger a bearish attempt to break below the ¥142.50 level on the USD/JPY chart.
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.
USD/JPY Analysis: Bears Put Pressure on Key Support
As shown on the USD/JPY chart, the pair is hovering near key support at ¥142.50 per US dollar.
While demand was strong enough at the end of May to lift the exchange rate from this level to a peak around ¥146.00, USD/JPY has once again retreated to the ¥142.50 area.
Why has USD/JPY declined?
On one hand, the US dollar has weakened following disappointing economic data released yesterday. The figures revealed a sharp slowdown in private sector hiring and an unexpected contraction in the US services sector, fuelling concerns over a possible recession.
On the other hand, yen strength is being driven by the Bank of Japan's apparent willingness to raise interest rates — reaffirmed on Tuesday by Governor Kazuo Ueda — which has reinforced expectations of a tightening cycle.
USD/JPY Technical Analysis
In early June, the ¥142.50 level had already shown its role as support (as indicated by the arrow), but it is once again under pressure — a sign of bearish dominance.
Yesterday, sellers broke through local support at ¥143.57, which may now act as resistance.
More US economic data is due on Friday, with key labour market figures set to be released at 15:30 GMT+3. These could potentially trigger a bearish attempt to break below the ¥142.50 level on the USD/JPY chart.
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.
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#marketanalysis #MarketNews #EURUSD #forexmarket #firextips
ECB Cuts Rates. EUR/USD Spikes to 1.5-Month High
Yesterday, as widely expected, the European Central Bank (ECB) cut interest rates for the eighth time since May 2024. According to ForexFactory, the main refinancing rate was lowered from 2.40% to 2.15% (having stood at 4.50% in May 2024).
According to Reuters:
→ ECB President Christine Lagarde stated that interest rates are now at a “good level”, despite the extremely high uncertainty caused by tariff threats from President Donald Trump.
→ Following the press conference, markets interpreted the message as a sign that the ECB is unlikely to cut rates again at its next meeting in July.
In response to the ECB's decision, the EUR/USD rate jumped to its highest level in a month and a half, but later retreated (as indicated by the arrow) back to previous levels.
Technical Analysis of the EUR/USD Chart
Four days ago, while analysing the EUR/USD chart, we:
→ drew an ascending channel;
→ suggested that bullish momentum could push the EUR/USD rate up to the psychological level of 1.1500 during the current week.
In fact, at yesterday’s peak, the rate came very close to 1.1500. However, a candlestick with a long upper shadow had formed on the EUR/USD chart, by the end of the day.
Additionally, this morning, the 1.1450 level has acted as a resistance zone.
This suggests bearish activity, which could pull the rate down towards the lower boundary of the local channel (outlined in black), and possibly even attempt a breakout below it.
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.
ECB Cuts Rates. EUR/USD Spikes to 1.5-Month High
Yesterday, as widely expected, the European Central Bank (ECB) cut interest rates for the eighth time since May 2024. According to ForexFactory, the main refinancing rate was lowered from 2.40% to 2.15% (having stood at 4.50% in May 2024).
According to Reuters:
→ ECB President Christine Lagarde stated that interest rates are now at a “good level”, despite the extremely high uncertainty caused by tariff threats from President Donald Trump.
→ Following the press conference, markets interpreted the message as a sign that the ECB is unlikely to cut rates again at its next meeting in July.
In response to the ECB's decision, the EUR/USD rate jumped to its highest level in a month and a half, but later retreated (as indicated by the arrow) back to previous levels.
Technical Analysis of the EUR/USD Chart
Four days ago, while analysing the EUR/USD chart, we:
→ drew an ascending channel;
→ suggested that bullish momentum could push the EUR/USD rate up to the psychological level of 1.1500 during the current week.
In fact, at yesterday’s peak, the rate came very close to 1.1500. However, a candlestick with a long upper shadow had formed on the EUR/USD chart, by the end of the day.
Additionally, this morning, the 1.1450 level has acted as a resistance zone.
This suggests bearish activity, which could pull the rate down towards the lower boundary of the local channel (outlined in black), and possibly even attempt a breakout below it.
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.
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#MarketWatch #USInflation #UKGDP #CPI #EarningsSeason #BoE #FederalReserve #EconomicData #StockMarket
Market Insights with Gary Thomson: UK Unemployment & GDP, US Inflation & 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:
🔸 UK Unemployment Rate
UK jobs data due 10th June (9:00 AM GMT+3) may show further weakness after unemployment hit 4.5% and wage growth slowed. Will the trend continue — and weigh further on the pound?
🔸 US Inflation Rate
All eyes turn to US inflation data on 11th June at 3:30 PM GMT+3. April’s headline rate eased to 2.3%, with core inflation steady at 2.8%. Tariff impacts aren’t clear yet — but could emerge in the coming months. Will this report confirm cooling — or hint at rising price pressure?
🔸 UK GDP Growth Rate
UK GDP data drops on 12th June at 9:00 AM GMT+3. After a strong Q1 showing, concerns remain about inflation, tariffs, and fading momentum. Will the latest figures support the pound — or confirm a slowdown?
🔸 US Producer Price Index
US producer price data is due on 12th June at 3:30 PM GMT+3. April’s sharp drop defied expectations, despite looming tariffs. Will this release offer clarity — or trigger more market volatility?
🔸 Corporate Earnings Statements
Corporate earnings will be key for risk sentiment. Strong results could lift markets, while weak ones may spark corrections.
Don’t miss out—gain insights to stay ahead in your trading journey.
https://cutt.ly/frmWzDYv
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: UK Unemployment & GDP, US Inflation & 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:
🔸 UK Unemployment Rate
UK jobs data due 10th June (9:00 AM GMT+3) may show further weakness after unemployment hit 4.5% and wage growth slowed. Will the trend continue — and weigh further on the pound?
🔸 US Inflation Rate
All eyes turn to US inflation data on 11th June at 3:30 PM GMT+3. April’s headline rate eased to 2.3%, with core inflation steady at 2.8%. Tariff impacts aren’t clear yet — but could emerge in the coming months. Will this report confirm cooling — or hint at rising price pressure?
🔸 UK GDP Growth Rate
UK GDP data drops on 12th June at 9:00 AM GMT+3. After a strong Q1 showing, concerns remain about inflation, tariffs, and fading momentum. Will the latest figures support the pound — or confirm a slowdown?
🔸 US Producer Price Index
US producer price data is due on 12th June at 3:30 PM GMT+3. April’s sharp drop defied expectations, despite looming tariffs. Will this release offer clarity — or trigger more market volatility?
🔸 Corporate Earnings Statements
Corporate earnings will be key for risk sentiment. Strong results could lift markets, while weak ones may spark corrections.
Don’t miss out—gain insights to stay ahead in your trading journey.
https://cutt.ly/frmWzDYv
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: UK Unemployment & GDP, US Inflation & 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…
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#stockmarket #stocktrading #MarketUpdates #MarketNews #marketanalysis
Dow Jones Index Rises Towards Key Resistance
On Friday, the Dow Jones Industrial Average (Wall Street 30 mini on FXOpen) climbed above the 42,950 level — a high not seen since early March.
The index has gained around 1.6% since the beginning of June.
Why Is the Dow Jones Rising?
→ Friday’s US jobs report helped ease concerns about the country’s economic outlook. According to ForexFactory, Non-Farm Employment Change came in at +139K, beating the forecast of +126K.
→ On Thursday, Donald Trump and Chinese President Xi Jinping held a call, easing tariff tensions. Market participants also welcomed news that officials may hold trade negotiations in London on 9 June.
Could the DJIA (Wall Street 30 mini on FXOpen) Rally Continue?
Technical Analysis of the Dow Jones Chart
The chart suggests that the 42,950 level is acting as a significant resistance. The price has repeatedly reversed from the 42,660–42,950 area (as shown by the arrows).
At the same time:
→ Friday’s move above 42,950 triggered selling pressure, forming a candlestick with a long upper shadow;
→ This may have been a false bullish breakout of the May high;
→ The price remains within an ascending channel (shown in blue), but the bounces off the lower boundary appear weak.
Given this setup, it is reasonable to assume that intensified bearish activity near 42,950 on the USA30 could lead to a breakout below the channel’s lower boundary.
Additional pressure on the Dow Jones Industrial Average (Wall Street 30 mini on FXOpen) may come from developments in California, where protests have erupted against immigrant deportations, with President Donald Trump and Governor Gavin Newsom trading accusations.
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.
Dow Jones Index Rises Towards Key Resistance
On Friday, the Dow Jones Industrial Average (Wall Street 30 mini on FXOpen) climbed above the 42,950 level — a high not seen since early March.
The index has gained around 1.6% since the beginning of June.
Why Is the Dow Jones Rising?
→ Friday’s US jobs report helped ease concerns about the country’s economic outlook. According to ForexFactory, Non-Farm Employment Change came in at +139K, beating the forecast of +126K.
→ On Thursday, Donald Trump and Chinese President Xi Jinping held a call, easing tariff tensions. Market participants also welcomed news that officials may hold trade negotiations in London on 9 June.
Could the DJIA (Wall Street 30 mini on FXOpen) Rally Continue?
Technical Analysis of the Dow Jones Chart
The chart suggests that the 42,950 level is acting as a significant resistance. The price has repeatedly reversed from the 42,660–42,950 area (as shown by the arrows).
At the same time:
→ Friday’s move above 42,950 triggered selling pressure, forming a candlestick with a long upper shadow;
→ This may have been a false bullish breakout of the May high;
→ The price remains within an ascending channel (shown in blue), but the bounces off the lower boundary appear weak.
Given this setup, it is reasonable to assume that intensified bearish activity near 42,950 on the USA30 could lead to a breakout below the channel’s lower boundary.
Additional pressure on the Dow Jones Industrial Average (Wall Street 30 mini on FXOpen) may come from developments in California, where protests have erupted against immigrant deportations, with President Donald Trump and Governor Gavin Newsom trading accusations.
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.
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#AAPL #techstocks #stockmarket #MarketUpdates #marketanalysis
Apple (AAPL) Shares Consolidate Ahead of WWDC
Today, 9 June, marks the start of Apple’s Worldwide Developers Conference (WWDC) — an event that traditionally attracts significant attention from investors and traders.
It is fair to say that WWDC 2025 begins against a rather negative backdrop:
→ Since the start of 2025, AAPL stock price has fallen by 19%, and Apple has lost its title as the world’s most valuable company, now trailing behind Microsoft and Nvidia.
→ Expectations raised by last year’s conference — particularly regarding new AI features in the iPhone — were not fully realised. As Barron’s noted, in March, an Apple spokesperson admitted that the new Siri “will take longer than we thought to implement these features. We expect to roll them out next year.”
Technical Analysis of the AAPL Chart
AAPL price movements are forming a narrowing triangle pattern:
→ The red trendline highlights sustained downward pressure on AAPL shares in 2025 — partly driven by concerns over the impact of the ongoing trade war;
→ On the other hand, the area below the psychological $200 level may attract buyers willing to take on risk.
WWDC 2025 could well provide fresh hope for the bulls and prompt an attempt to break out upwards from the triangle pattern.
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 (AAPL) Shares Consolidate Ahead of WWDC
Today, 9 June, marks the start of Apple’s Worldwide Developers Conference (WWDC) — an event that traditionally attracts significant attention from investors and traders.
It is fair to say that WWDC 2025 begins against a rather negative backdrop:
→ Since the start of 2025, AAPL stock price has fallen by 19%, and Apple has lost its title as the world’s most valuable company, now trailing behind Microsoft and Nvidia.
→ Expectations raised by last year’s conference — particularly regarding new AI features in the iPhone — were not fully realised. As Barron’s noted, in March, an Apple spokesperson admitted that the new Siri “will take longer than we thought to implement these features. We expect to roll them out next year.”
Technical Analysis of the AAPL Chart
AAPL price movements are forming a narrowing triangle pattern:
→ The red trendline highlights sustained downward pressure on AAPL shares in 2025 — partly driven by concerns over the impact of the ongoing trade war;
→ On the other hand, the area below the psychological $200 level may attract buyers willing to take on risk.
WWDC 2025 could well provide fresh hope for the bulls and prompt an attempt to break out upwards from the triangle pattern.
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.
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#oilprices #commodities #marketanalysis #MarketNews
XBR/USD Chart Analysis: Brent Crude Reaches 1.5-Month High
In our analysis of Brent crude oil six days ago, we identified a large contracting triangle and a local ascending channel. We also outlined a potential scenario involving a bullish breakout above the upper boundary of the triangle.
Although this was not the base-case scenario, the XBR/USD chart now suggests it has played out: yesterday, the price climbed to nearly $67 per barrel — its highest level since the end of April.
The main bullish catalyst appears to be ongoing trade talks between the United States and China, which have raised hopes of a resolution to tariff-related tensions between the world’s two largest economies.
At the same time, rising oil prices may exacerbate geopolitical tensions, particularly amid Israeli threats to strike ports in Yemen — a risk that could disrupt supply chains across the Middle East.
Technical Analysis of the XBR/USD Chart
From a technical perspective:
→ Brent crude continues to move within an ascending channel (marked in blue);
→ the upper boundary may now act as a support level.
The fact that the price is holding in the upper half of the channel indicates strong demand-side pressure. Based on this, it is reasonable to assume that as long as Brent remains above the $65.75 level (the retest zone of the breakout), the technical outlook will remain predominantly bullish.
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.
XBR/USD Chart Analysis: Brent Crude Reaches 1.5-Month High
In our analysis of Brent crude oil six days ago, we identified a large contracting triangle and a local ascending channel. We also outlined a potential scenario involving a bullish breakout above the upper boundary of the triangle.
Although this was not the base-case scenario, the XBR/USD chart now suggests it has played out: yesterday, the price climbed to nearly $67 per barrel — its highest level since the end of April.
The main bullish catalyst appears to be ongoing trade talks between the United States and China, which have raised hopes of a resolution to tariff-related tensions between the world’s two largest economies.
At the same time, rising oil prices may exacerbate geopolitical tensions, particularly amid Israeli threats to strike ports in Yemen — a risk that could disrupt supply chains across the Middle East.
Technical Analysis of the XBR/USD Chart
From a technical perspective:
→ Brent crude continues to move within an ascending channel (marked in blue);
→ the upper boundary may now act as a support level.
The fact that the price is holding in the upper half of the channel indicates strong demand-side pressure. Based on this, it is reasonable to assume that as long as Brent remains above the $65.75 level (the retest zone of the breakout), the technical outlook will remain predominantly bullish.
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.
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#FTSE #stockmarket #stocks #MarketNews
FTSE 100 Surges Towards Record High
Today saw the release of new data on the UK labour market.
According to official statistics, the number of payrolled employees in the UK fell by 55,000 (0.2%) between March and April 2025. Over the broader period from February to April 2025, the number declined by 78,000 (0.3%).
In response to the drop in employment, the UK’s FTSE 100 index (UK 100 on FXOpen) jumped sharply, rising close to the 8,900 mark — near its all-time high reached in early March this year.
Market participants likely interpreted the weakening labour market as an additional argument in favour of interest rate cuts by the Bank of England. Such a move would be seen as supportive of the economy and a bullish factor for equities.
Technical Analysis of the FTSE 100 (UK 100 on FXOpen)
From a technical perspective:
→ The FTSE 100 continues to trade within an ascending channel (shown in blue);
→ Today’s bullish momentum broke through the resistance line from below — a level that had previously capped the upward movement within the channel.
If the bulls can maintain the price above the 8,860 level, the likelihood increases for a continued uptrend and a potential new all-time high for the FTSE 100 index.
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.
FTSE 100 Surges Towards Record High
Today saw the release of new data on the UK labour market.
According to official statistics, the number of payrolled employees in the UK fell by 55,000 (0.2%) between March and April 2025. Over the broader period from February to April 2025, the number declined by 78,000 (0.3%).
In response to the drop in employment, the UK’s FTSE 100 index (UK 100 on FXOpen) jumped sharply, rising close to the 8,900 mark — near its all-time high reached in early March this year.
Market participants likely interpreted the weakening labour market as an additional argument in favour of interest rate cuts by the Bank of England. Such a move would be seen as supportive of the economy and a bullish factor for equities.
Technical Analysis of the FTSE 100 (UK 100 on FXOpen)
From a technical perspective:
→ The FTSE 100 continues to trade within an ascending channel (shown in blue);
→ Today’s bullish momentum broke through the resistance line from below — a level that had previously capped the upward movement within the channel.
If the bulls can maintain the price above the 8,860 level, the likelihood increases for a continued uptrend and a potential new all-time high for the FTSE 100 index.
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.
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#usdcad #forextrading #tradingtips #marketanalysis
USD/CAD Holds Near 2025 Low
When we last analysed the USD/CAD chart on 4 June, we identified a descending channel that remains relevant.
On 5 June, the pair reached a new low for 2025, and it is possible that bears will attempt to extend this move further over the course of the month.
Why is USD/CAD declining?
The Canadian dollar appears to be strengthening amid speculation that a trade agreement between the US and Canada could be finalised soon — possibly on 15 June, when the G7 summit is due to be held in Canada.
Media reports highlight several indicators supporting this view:
→ Prime Minister Mark Carney stated that Canada will meet its NATO spending target of 2% of GDP.
→ Canada refrained from retaliatory tariffs on steel and aluminium.
→ The US ambassador to Canada confirmed that “secret” negotiations are ongoing.
Technical Analysis of the USD/CAD Chart
Note that the R-line, which divides the lower half of the descending channel into two equal parts, acted as resistance — price reversed downward from this line and accelerated lower (as indicated by the arrow). This reinforces the view that bears currently dominate the USD/CAD market.
For now, the 1.3650 level appears to be a support zone for bulls, but its strength may be tested today as markets react to US inflation data. The Consumer Price Index (CPI) report is scheduled for release today at 15:30 GMT+3. Be prepared for potential spikes in volatility.
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.
USD/CAD Holds Near 2025 Low
When we last analysed the USD/CAD chart on 4 June, we identified a descending channel that remains relevant.
On 5 June, the pair reached a new low for 2025, and it is possible that bears will attempt to extend this move further over the course of the month.
Why is USD/CAD declining?
The Canadian dollar appears to be strengthening amid speculation that a trade agreement between the US and Canada could be finalised soon — possibly on 15 June, when the G7 summit is due to be held in Canada.
Media reports highlight several indicators supporting this view:
→ Prime Minister Mark Carney stated that Canada will meet its NATO spending target of 2% of GDP.
→ Canada refrained from retaliatory tariffs on steel and aluminium.
→ The US ambassador to Canada confirmed that “secret” negotiations are ongoing.
Technical Analysis of the USD/CAD Chart
Note that the R-line, which divides the lower half of the descending channel into two equal parts, acted as resistance — price reversed downward from this line and accelerated lower (as indicated by the arrow). This reinforces the view that bears currently dominate the USD/CAD market.
For now, the 1.3650 level appears to be a support zone for bulls, but its strength may be tested today as markets react to US inflation data. The Consumer Price Index (CPI) report is scheduled for release today at 15:30 GMT+3. Be prepared for potential spikes in volatility.
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.
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#tsla #stockmarket #stocks #MarketUpdates #marketanalysis
Tesla (TSLA) Shares Rebound After Sharp Drop
When analysing the Tesla (TSLA) stock price chart six days ago, on the morning of 5 June, we:
→ highlighted Elon Musk’s critical comments regarding the spending bill promoted by the US President;
→ noted that a potential rift between Musk and Trump could have long-term implications, including for TSLA shares;
→ outlined an ascending channel (marked in blue);
→ suggested that the price might correct from the upper to the lower boundary of the channel.
This scenario played out rather aggressively: later that same day, during the main trading session, Tesla’s share price dropped sharply to the lower boundary of the channel amid a scandal involving Musk and Trump.
However, the lower boundary of the channel predictably acted as support. Yesterday, TSLA shares were among the top five performers in the S&P 500 index (US SPX 500 mini on FXOpen), gaining around 5.6%.
As a result, TSLA stock price climbed back above the psychologically important $300 mark, recovering from the previous week’s sell-off.
Why Are Tesla (TSLA) Shares Rising?
Bullish drivers include:
→ The upcoming launch of Tesla’s robotaxi service, provisionally scheduled for 22 June. Elon Musk has stated he intends to use the service himself.
→ Easing of tensions with the US President. Donald Trump declared that he has no intention of "getting rid of Tesla or Starlink" should he return to the White House.
→ Continued support from Cathie Wood, the prominent asset manager, who once again reaffirmed her confidence in Tesla’s future success.
Technical Analysis of TSLA Chart
Today, TSLA’s share price is hovering near the median line of the previously identified ascending channel – a zone where supply and demand typically seek equilibrium.
Also worth noting is the $320 level: in May, it acted as support, which suggests it may now function as resistance.
Given these factors, it is reasonable to expect that the sharp recovery from the 5 June low may begin to lose momentum, with the price likely to stabilise and form a consolidation range following the recent spike in volatility.
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 (TSLA) Shares Rebound After Sharp Drop
When analysing the Tesla (TSLA) stock price chart six days ago, on the morning of 5 June, we:
→ highlighted Elon Musk’s critical comments regarding the spending bill promoted by the US President;
→ noted that a potential rift between Musk and Trump could have long-term implications, including for TSLA shares;
→ outlined an ascending channel (marked in blue);
→ suggested that the price might correct from the upper to the lower boundary of the channel.
This scenario played out rather aggressively: later that same day, during the main trading session, Tesla’s share price dropped sharply to the lower boundary of the channel amid a scandal involving Musk and Trump.
However, the lower boundary of the channel predictably acted as support. Yesterday, TSLA shares were among the top five performers in the S&P 500 index (US SPX 500 mini on FXOpen), gaining around 5.6%.
As a result, TSLA stock price climbed back above the psychologically important $300 mark, recovering from the previous week’s sell-off.
Why Are Tesla (TSLA) Shares Rising?
Bullish drivers include:
→ The upcoming launch of Tesla’s robotaxi service, provisionally scheduled for 22 June. Elon Musk has stated he intends to use the service himself.
→ Easing of tensions with the US President. Donald Trump declared that he has no intention of "getting rid of Tesla or Starlink" should he return to the White House.
→ Continued support from Cathie Wood, the prominent asset manager, who once again reaffirmed her confidence in Tesla’s future success.
Technical Analysis of TSLA Chart
Today, TSLA’s share price is hovering near the median line of the previously identified ascending channel – a zone where supply and demand typically seek equilibrium.
Also worth noting is the $320 level: in May, it acted as support, which suggests it may now function as resistance.
Given these factors, it is reasonable to expect that the sharp recovery from the 5 June low may begin to lose momentum, with the price likely to stabilise and form a consolidation range following the recent spike in volatility.
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.
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#sp500 #stocktrading #stockmarket #MarketUpdates #marketanalysis
S&P 500 Maintains Uptrend — But for How Long?
As the chart of the S&P 500 (US SPX 500 mini on FXOpen) shows, price movements in June continue to form an upward trend (highlighted in blue).
The bullish momentum is being supported by:
→ News of a potential trade agreement between the United States and China;
→ The latest inflation report. Data released yesterday showed that the Consumer Price Index (CPI) slowed from 0.2% to 0.1% month-on-month.
President Donald Trump described the inflation figures as “excellent” and said that the Federal Reserve should cut interest rates by a full percentage point. In his view, this would stimulate the economy — and serve as another bullish driver.
However, as illustrated by the red arrow, the index pulled back yesterday from its highest level in three and a half months, falling towards the lower boundary of the channel.
This decline was triggered by concerning developments in the Middle East. According to media reports, the US is preparing a partial evacuation of its embassy in Iraq, following statements by a senior Iranian official that Tehran may strike US bases in the region if nuclear talks with Washington fail.
Technical Analysis of the S&P 500 Chart
Currently, the price remains near the lower boundary of the ascending channel, reinforced by the psychologically significant 6,000-point level.
However, note that line Q — which divides the lower half of the channel into two quarters — has flipped from support to resistance (as indicated by black arrows). This suggests increasing bearish pressure, and there is a possibility that sellers may soon attempt to push the price below the channel support.
Be prepared for potential spikes in volatility on the E-Mini S&P 500 (US SPX 500 mini on FXOpen) chart as markets await the release of the Producer Price Index (PPI) at 15:30 GMT+3 today.
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 Maintains Uptrend — But for How Long?
As the chart of the S&P 500 (US SPX 500 mini on FXOpen) shows, price movements in June continue to form an upward trend (highlighted in blue).
The bullish momentum is being supported by:
→ News of a potential trade agreement between the United States and China;
→ The latest inflation report. Data released yesterday showed that the Consumer Price Index (CPI) slowed from 0.2% to 0.1% month-on-month.
President Donald Trump described the inflation figures as “excellent” and said that the Federal Reserve should cut interest rates by a full percentage point. In his view, this would stimulate the economy — and serve as another bullish driver.
However, as illustrated by the red arrow, the index pulled back yesterday from its highest level in three and a half months, falling towards the lower boundary of the channel.
This decline was triggered by concerning developments in the Middle East. According to media reports, the US is preparing a partial evacuation of its embassy in Iraq, following statements by a senior Iranian official that Tehran may strike US bases in the region if nuclear talks with Washington fail.
Technical Analysis of the S&P 500 Chart
Currently, the price remains near the lower boundary of the ascending channel, reinforced by the psychologically significant 6,000-point level.
However, note that line Q — which divides the lower half of the channel into two quarters — has flipped from support to resistance (as indicated by black arrows). This suggests increasing bearish pressure, and there is a possibility that sellers may soon attempt to push the price below the channel support.
Be prepared for potential spikes in volatility on the E-Mini S&P 500 (US SPX 500 mini on FXOpen) chart as markets await the release of the Producer Price Index (PPI) at 15:30 GMT+3 today.
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.
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#stockmarket #stocks #techstocks #MarketUpdates #marketanalysis
Intel (INTC) Shares Drop Over 6% in a Day
As shown on the Intel (INTC) chart, after Tuesday’s candle closed above $21, the price dropped sharply on Wednesday. INTC was the worst-performing stock of the day among the components of the S&P 500 index (US SPX 500 mini on FXOpen).
Why Did INTC Shares Fall?
The decline is linked to growing competitive pressure. According to media reports:
→ On one hand, AMD continues to rapidly expand its share of the server CPU market. A report by Mercury shows that the company already controls 40% of the segment and could match Intel as early as next year.
→ On the other hand, Nvidia is preparing to launch two accelerated processing units (APUs) for the consumer market, which will combine CPU and GPU capabilities in a single product.
Technical Analysis of the INTC Chart
In 2025, the price remains:
→ within a broad downward trend (marked in red);
→ supported by the $18.50–$20 zone.
Meanwhile, price fluctuations in May and June are forming a narrowing triangle (marked in black). Following the recent negative news, it is possible that INTC shares could fall towards the lower boundary of the triangle — or even retest the psychologically important $20 level.
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.
Intel (INTC) Shares Drop Over 6% in a Day
As shown on the Intel (INTC) chart, after Tuesday’s candle closed above $21, the price dropped sharply on Wednesday. INTC was the worst-performing stock of the day among the components of the S&P 500 index (US SPX 500 mini on FXOpen).
Why Did INTC Shares Fall?
The decline is linked to growing competitive pressure. According to media reports:
→ On one hand, AMD continues to rapidly expand its share of the server CPU market. A report by Mercury shows that the company already controls 40% of the segment and could match Intel as early as next year.
→ On the other hand, Nvidia is preparing to launch two accelerated processing units (APUs) for the consumer market, which will combine CPU and GPU capabilities in a single product.
Technical Analysis of the INTC Chart
In 2025, the price remains:
→ within a broad downward trend (marked in red);
→ supported by the $18.50–$20 zone.
Meanwhile, price fluctuations in May and June are forming a narrowing triangle (marked in black). Following the recent negative news, it is possible that INTC shares could fall towards the lower boundary of the triangle — or even retest the psychologically important $20 level.
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.
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#XAUUSD #oilprices #goldprice #MarketNews
Israel Strikes Iran. Oil and Gold Prices Surge
According to media reports, Israel launched a large-scale overnight strike on Iranian territory, targeting dozens of military and strategic facilities linked to the country’s nuclear programme and missile capabilities. Israeli officials justified the action by citing an existential threat from Tehran, which, according to their intelligence, is accelerating its development of nuclear weapons and expanding its arsenal of ballistic missiles.
In response, Iran has vowed severe retaliation, stating that the United States and Israel will “pay a heavy price” for the attack. US President Donald Trump has urgently convened a meeting to assess the situation.
Commodities Market Reaction
In the wake of these developments, gold — the primary safe-haven asset — surged sharply. The XAU/USD price broke above its May high, rising past $3,440. However, the all-time high near $3,498 remains intact for now.
Oil prices also spiked due to fears of supply disruption. The military conflict threatens shipping through the Strait of Hormuz, a crucial chokepoint through which one-fifth of the world’s oil supply passes. Traders quickly priced in the risk of war, anticipating a supply shortage driven by large-scale instability in the Middle East.
Technical Analysis of the XBR/USD Chart
Brent crude oil price has risen to the upper boundary of a large-scale descending channel (shown in red), which is defined by lower highs from 2024–2025. As anticipated, this upper boundary acted as resistance, with the price forming a peak above $76 before reversing downward (as illustrated by the black arrow).
From a technical standpoint, following such a sharp rally, Brent is vulnerable to a corrective move. In this scenario, a pullback into the orange zone is possible, where support may be found at:
→ The psychologically important $70 level;
→ The 50% Fibonacci retracement level;
→ The former resistance of the purple descending trendline, now turned support.
Nevertheless, given the scale of the geopolitical threat, it is unlikely that market sentiment will allow Brent to decline significantly in the near term.
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.
Israel Strikes Iran. Oil and Gold Prices Surge
According to media reports, Israel launched a large-scale overnight strike on Iranian territory, targeting dozens of military and strategic facilities linked to the country’s nuclear programme and missile capabilities. Israeli officials justified the action by citing an existential threat from Tehran, which, according to their intelligence, is accelerating its development of nuclear weapons and expanding its arsenal of ballistic missiles.
In response, Iran has vowed severe retaliation, stating that the United States and Israel will “pay a heavy price” for the attack. US President Donald Trump has urgently convened a meeting to assess the situation.
Commodities Market Reaction
In the wake of these developments, gold — the primary safe-haven asset — surged sharply. The XAU/USD price broke above its May high, rising past $3,440. However, the all-time high near $3,498 remains intact for now.
Oil prices also spiked due to fears of supply disruption. The military conflict threatens shipping through the Strait of Hormuz, a crucial chokepoint through which one-fifth of the world’s oil supply passes. Traders quickly priced in the risk of war, anticipating a supply shortage driven by large-scale instability in the Middle East.
Technical Analysis of the XBR/USD Chart
Brent crude oil price has risen to the upper boundary of a large-scale descending channel (shown in red), which is defined by lower highs from 2024–2025. As anticipated, this upper boundary acted as resistance, with the price forming a peak above $76 before reversing downward (as illustrated by the black arrow).
From a technical standpoint, following such a sharp rally, Brent is vulnerable to a corrective move. In this scenario, a pullback into the orange zone is possible, where support may be found at:
→ The psychologically important $70 level;
→ The 50% Fibonacci retracement level;
→ The former resistance of the purple descending trendline, now turned support.
Nevertheless, given the scale of the geopolitical threat, it is unlikely that market sentiment will allow Brent to decline significantly in the near term.
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.
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#sp500 #stocktrading #stockmarket #marketanalysis #MarketNews
S&P 500 Breaks Uptrend
Only yesterday we questioned the sustainability of the stock market’s upward trend amid alarming news from the Middle East and the evacuation of the US embassy in Iraq — and today, the S&P 500 chart (US SPX 500 mini on FXOpen) shows a break below the lower boundary of the ascending trend channel.
According to media reports:
→ Steve Witkoff, US President Donald Trump’s special envoy to the Middle East, was expected to meet Iran’s Foreign Minister in Oman on Sunday.
→ Friday the 13th became the date when Israel launched strikes on Iran’s nuclear facilities, dramatically altering the outlook for a potential US-Iran nuclear agreement.
→ Secretary of State Marco Rubio stated that the US was not involved in the operation, while Israel’s state broadcaster reported that Washington had been informed ahead of the strikes.
Technical Analysis of the S&P 500 Chart
Yesterday morning, we noted that the Q-line, which divides the lower half of the channel into two quarters, had shifted from acting as support to becoming resistance. This was confirmed during the US trading session (as indicated by the arrow).
Selling pressure intensified, and the psychologically important 6,000 level — which showed signs of support earlier in June — now appears to be acting as resistance. It is in this area that the E-Mini S&P 500 (US SPX 500 mini on FXOpen) broke below the lower boundary of its uptrend channel.
In addition to ongoing discussions about potential Fed rate cuts this summer, geopolitical risk assessments are now also in focus. It remains unclear how Washington will respond if Iran retaliates.
Meanwhile, Israel’s Defence Minister has declared a state of emergency, warning of an imminent missile and drone attack — further fuelling fears of a possible escalation.
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 Breaks Uptrend
Only yesterday we questioned the sustainability of the stock market’s upward trend amid alarming news from the Middle East and the evacuation of the US embassy in Iraq — and today, the S&P 500 chart (US SPX 500 mini on FXOpen) shows a break below the lower boundary of the ascending trend channel.
According to media reports:
→ Steve Witkoff, US President Donald Trump’s special envoy to the Middle East, was expected to meet Iran’s Foreign Minister in Oman on Sunday.
→ Friday the 13th became the date when Israel launched strikes on Iran’s nuclear facilities, dramatically altering the outlook for a potential US-Iran nuclear agreement.
→ Secretary of State Marco Rubio stated that the US was not involved in the operation, while Israel’s state broadcaster reported that Washington had been informed ahead of the strikes.
Technical Analysis of the S&P 500 Chart
Yesterday morning, we noted that the Q-line, which divides the lower half of the channel into two quarters, had shifted from acting as support to becoming resistance. This was confirmed during the US trading session (as indicated by the arrow).
Selling pressure intensified, and the psychologically important 6,000 level — which showed signs of support earlier in June — now appears to be acting as resistance. It is in this area that the E-Mini S&P 500 (US SPX 500 mini on FXOpen) broke below the lower boundary of its uptrend channel.
In addition to ongoing discussions about potential Fed rate cuts this summer, geopolitical risk assessments are now also in focus. It remains unclear how Washington will respond if Iran retaliates.
Meanwhile, Israel’s Defence Minister has declared a state of emergency, warning of an imminent missile and drone attack — further fuelling fears of a possible escalation.
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.
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#XAUUSD #goldprice #commodoties #marketanalysis #MarketNews
XAU/USD Chart Analysis Following Israel-Iran Strikes
In 2025, the price of gold continues to form a long-term upward trend, highlighted by the black line. The red line previously acted as resistance, resulting in the formation of a contracting triangle on the XAU/USD chart – a typical sign of market equilibrium.
However, this red line was breached (as indicated by the arrow) amid news of the exchange of strikes between Israel and Iran. In response, gold price movements have more clearly outlined the rising blue channel, which began to take shape in the second half of May.
Over the weekend, the strikes continued, and on Monday morning, trading opened with a modest bullish gap. This indicates that geopolitical risk concerns are helping to keep gold prices anchored above the red line.
What could happen to the price of gold next?
Much will depend on how the situation in the Middle East develops. Should the exchange of strikes between Iran and Israel subside and official statements offer hope for de-escalation, a pullback from the upper boundary of the blue channel is likely.
If such a scenario plays out, technical analysts may focus on the support zone around $3,390–3,400 on the XAU/USD chart, formed by:
→ the psychological level of $3,400;
→ the red line, which previously acted as resistance;
→ the median of the blue 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.
XAU/USD Chart Analysis Following Israel-Iran Strikes
In 2025, the price of gold continues to form a long-term upward trend, highlighted by the black line. The red line previously acted as resistance, resulting in the formation of a contracting triangle on the XAU/USD chart – a typical sign of market equilibrium.
However, this red line was breached (as indicated by the arrow) amid news of the exchange of strikes between Israel and Iran. In response, gold price movements have more clearly outlined the rising blue channel, which began to take shape in the second half of May.
Over the weekend, the strikes continued, and on Monday morning, trading opened with a modest bullish gap. This indicates that geopolitical risk concerns are helping to keep gold prices anchored above the red line.
What could happen to the price of gold next?
Much will depend on how the situation in the Middle East develops. Should the exchange of strikes between Iran and Israel subside and official statements offer hope for de-escalation, a pullback from the upper boundary of the blue channel is likely.
If such a scenario plays out, technical analysts may focus on the support zone around $3,390–3,400 on the XAU/USD chart, formed by:
→ the psychological level of $3,400;
→ the red line, which previously acted as resistance;
→ the median of the blue 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.
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#stockmarket #stocktrading #MarketUpdates #marketanalysis #MarketNews
Oracle (ORCL) shares surge 24% in a week, hitting an all-time high
Last week, Oracle (ORCL) shares:
→ rose by approximately 24% — marking the strongest weekly gain since 2001;
→ broke through the psychological level of $200 per share;
→ reached an all-time high, with Friday’s session closing above $215. It is possible that a new record may be set this week.
What’s driving Oracle (ORCL) shares higher?
The main catalyst was the quarterly earnings report released last week:
→ Earnings per share ($1.70) exceeded analysts’ expectations ($1.64);
→ CEO Safra Catz projected revenue growth of 12–14% in upcoming quarters;
→ Company founder Larry Ellison highlighted “astronomical” demand for data centres, as well as Oracle’s competitive edge in building and servicing them.
Notably, Oracle provides infrastructure services for both OpenAI and Meta Platforms.
Technical analysis of ORCL shares
ORCL shares have shown high volatility throughout 2025, largely influenced by news surrounding Donald Trump. His promises to strengthen the US position in AI served as a bullish signal, while plans to impose international trade tariffs had a bearish impact.
As a result, a broad upward channel has formed on the chart, with the following key observations:
→ the price has repeatedly bounced sharply from the lower boundary (1), indicating strong demand;
→ by early June, the price had risen and stabilised near the channel’s median line (2).
Currently, the ORCL chart shows that the earnings-driven rally has pushed the price into the upper quartile (3) of the channel.
With the RSI indicator at extreme highs, it is reasonable to assume that ORCL may be vulnerable to a pullback. However, if a correction does occur, it is unlikely to be deep — perhaps testing the psychological $200 level — given the company’s strong fundamentals.
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.
Oracle (ORCL) shares surge 24% in a week, hitting an all-time high
Last week, Oracle (ORCL) shares:
→ rose by approximately 24% — marking the strongest weekly gain since 2001;
→ broke through the psychological level of $200 per share;
→ reached an all-time high, with Friday’s session closing above $215. It is possible that a new record may be set this week.
What’s driving Oracle (ORCL) shares higher?
The main catalyst was the quarterly earnings report released last week:
→ Earnings per share ($1.70) exceeded analysts’ expectations ($1.64);
→ CEO Safra Catz projected revenue growth of 12–14% in upcoming quarters;
→ Company founder Larry Ellison highlighted “astronomical” demand for data centres, as well as Oracle’s competitive edge in building and servicing them.
Notably, Oracle provides infrastructure services for both OpenAI and Meta Platforms.
Technical analysis of ORCL shares
ORCL shares have shown high volatility throughout 2025, largely influenced by news surrounding Donald Trump. His promises to strengthen the US position in AI served as a bullish signal, while plans to impose international trade tariffs had a bearish impact.
As a result, a broad upward channel has formed on the chart, with the following key observations:
→ the price has repeatedly bounced sharply from the lower boundary (1), indicating strong demand;
→ by early June, the price had risen and stabilised near the channel’s median line (2).
Currently, the ORCL chart shows that the earnings-driven rally has pushed the price into the upper quartile (3) of the channel.
With the RSI indicator at extreme highs, it is reasonable to assume that ORCL may be vulnerable to a pullback. However, if a correction does occur, it is unlikely to be deep — perhaps testing the psychological $200 level — given the company’s strong fundamentals.
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.
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#stockmarket #MarketNews #marketanalysis #forextrading
How Financial Markets Are Reacting to the Escalation in the Middle East
The exchange of strikes between Iran and Israel continues. However, judging by the behaviour of various assets, market participants do not appear to expect further escalation:
→ Oil prices are falling. Monday’s candlestick on the XBR/USD chart closed significantly below the opening level.
→ Safe-haven assets are also retreating: the Swiss franc weakened during Monday’s U.S. session, while a bearish candle formed on the daily XAU/USD chart.
Equity markets, too, have largely held their ground.
The S&P 500 index (US SPX 500 mini on FXOpen) climbed on Monday (A→B) following reports of potential talks between Iran and the U.S. However, it pulled back (B→C) after the U.S. President urged citizens to evacuate Tehran.
Technical Analysis of the S&P 500 Chart
News of Israeli strikes on targets inside Iran led to a bearish breakout from the rising channel (marked with a red arrow), though the downward move failed to gain traction.
At present, the S&P 500 chart (US SPX 500 mini on FXOpen) shows the formation of an ascending triangle — a signal of temporary balance between supply and demand.
Still, given the elevated geopolitical uncertainty, this balance remains fragile. It could be disrupted by:
→ Further developments in the Iran–Israel conflict (notably, Donald Trump left the G7 summit early due to the situation in the Middle East);
→ U.S. retail sales data, due today at 15:30 GMT+3.
It is possible that the S&P 500 may soon attempt to break out of the triangle, potentially triggering a new directional trend.
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.
How Financial Markets Are Reacting to the Escalation in the Middle East
The exchange of strikes between Iran and Israel continues. However, judging by the behaviour of various assets, market participants do not appear to expect further escalation:
→ Oil prices are falling. Monday’s candlestick on the XBR/USD chart closed significantly below the opening level.
→ Safe-haven assets are also retreating: the Swiss franc weakened during Monday’s U.S. session, while a bearish candle formed on the daily XAU/USD chart.
Equity markets, too, have largely held their ground.
The S&P 500 index (US SPX 500 mini on FXOpen) climbed on Monday (A→B) following reports of potential talks between Iran and the U.S. However, it pulled back (B→C) after the U.S. President urged citizens to evacuate Tehran.
Technical Analysis of the S&P 500 Chart
News of Israeli strikes on targets inside Iran led to a bearish breakout from the rising channel (marked with a red arrow), though the downward move failed to gain traction.
At present, the S&P 500 chart (US SPX 500 mini on FXOpen) shows the formation of an ascending triangle — a signal of temporary balance between supply and demand.
Still, given the elevated geopolitical uncertainty, this balance remains fragile. It could be disrupted by:
→ Further developments in the Iran–Israel conflict (notably, Donald Trump left the G7 summit early due to the situation in the Middle East);
→ U.S. retail sales data, due today at 15:30 GMT+3.
It is possible that the S&P 500 may soon attempt to break out of the triangle, potentially triggering a new directional trend.
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.
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