#usdcad #marketanalysis #MarketNews #forextrading #forex
USD/CAD Recovers From a 2.5-Month Low
The main driver of the decline was a sharp shift in sentiment and diverging expectations for policy actions in the United States and Canada.
→ Canada: Friday’s employment data came in far stronger than forecast. As a result, traders sharply reduced the likelihood of a Bank of Canada rate cut at the next meeting, judging the economy resilient enough to pause its easing cycle.
→ United States: Markets are pricing in a high probability of a Federal Reserve rate cut at tomorrow’s meeting (22:00 GMT+3).
This contrast pushed USD/CAD to a 2.5-month low. However, the chart shows that the bulls may still have some grounds for optimism.
USD/CAD Technical Analysis
On 1 December we analysed the USD/CAD chart and:
→ drew an ascending channel (shown in blue) and noted several bearish signals;
→ suggested that the 1.4000 level would act as resistance in the near term, with bears likely to attempt to resume the downward move in USD/CAD.
Indeed, as the arrow indicates, the bears managed to restart the downtrend, which led to:
→ a breakout below the lower boundary of the channel;
→ the need to map out a descending trajectory (shown in red), with its median potentially acting as resistance going forward.
In this context, it is reasonable to assume that the bulls have some cause for hope in the short term, as:
→ the price is rebounding from the lower boundary of the red channel, indicating demand;
→ the RSI has risen from extreme oversold levels;
→ the candle highlighted by the second arrow looks bullish – it closed near the top of its range, forming a long lower shadow.
Given the above, traders should not rule out a corrective recovery in USD/CAD until the Federal Reserve releases its decision, which could significantly impact financial markets.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips. Learn more about trading 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 Recovers From a 2.5-Month Low
The main driver of the decline was a sharp shift in sentiment and diverging expectations for policy actions in the United States and Canada.
→ Canada: Friday’s employment data came in far stronger than forecast. As a result, traders sharply reduced the likelihood of a Bank of Canada rate cut at the next meeting, judging the economy resilient enough to pause its easing cycle.
→ United States: Markets are pricing in a high probability of a Federal Reserve rate cut at tomorrow’s meeting (22:00 GMT+3).
This contrast pushed USD/CAD to a 2.5-month low. However, the chart shows that the bulls may still have some grounds for optimism.
USD/CAD Technical Analysis
On 1 December we analysed the USD/CAD chart and:
→ drew an ascending channel (shown in blue) and noted several bearish signals;
→ suggested that the 1.4000 level would act as resistance in the near term, with bears likely to attempt to resume the downward move in USD/CAD.
Indeed, as the arrow indicates, the bears managed to restart the downtrend, which led to:
→ a breakout below the lower boundary of the channel;
→ the need to map out a descending trajectory (shown in red), with its median potentially acting as resistance going forward.
In this context, it is reasonable to assume that the bulls have some cause for hope in the short term, as:
→ the price is rebounding from the lower boundary of the red channel, indicating demand;
→ the RSI has risen from extreme oversold levels;
→ the candle highlighted by the second arrow looks bullish – it closed near the top of its range, forming a long lower shadow.
Given the above, traders should not rule out a corrective recovery in USD/CAD until the Federal Reserve releases its decision, which could significantly impact financial markets.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips. Learn more about trading 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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#sp500 #stockmarket #stocktrading #marketanalysis #MarketUpdates
S&P 500 Index: Chart Analysis Ahead of Fed News
On 2 December, we noted that the final month of the year is traditionally favourable for the S&P 500 index (US SPX 500 mini on FXOpen), as:
→ since around the 1950s, December has been positive in more than 70% of cases;
→ the average monthly gain is approximately +1.0%.
Today, with traders worldwide focused on the Federal Reserve’s interest rate decision and Chair Powell’s subsequent press conference, there is reason to highlight another statistic. According to media reports, in 20 out of 20 instances when equity markets were near record highs and the Fed cut rates, the S&P 500 rose over the following 12 months.
Given the current backdrop — proximity to all-time highs and expectations of rate cuts — it is possible that this could become the 21st such case.
An analysis of price action on the 4-hour chart of the S&P 500 (US SPX 500 mini on FXOpen) suggests that the stock market is reflecting nervous anticipation of the news, as the index is trading at roughly the same levels as at the start of December.
Technical Analysis of the S&P 500 Chart
From the demand side:
→ the price has managed to hold firmly above the 6785 level (which may act as support going forward) and has broken above a previously formed descending channel (shown in red);
→ an ascending channel formed in early December, which can be interpreted as cautious optimism ahead of the news.
From the supply side:
→ the late-October record high may act as psychological resistance;
→ yesterday’s decline (indicated by the arrow) suggests that bears are ready to act more aggressively if given a catalyst.
Overall, taking the above into account, it is reasonable to suggest that the S&P 500 market (US SPX 500 mini on FXOpen) is in a “calm before the storm” phase. Be prepared for volatility spikes later today, starting from 22:00 GMT+3.
Trade global index CFDs with zero commission and tight spreads. 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: Chart Analysis Ahead of Fed News
On 2 December, we noted that the final month of the year is traditionally favourable for the S&P 500 index (US SPX 500 mini on FXOpen), as:
→ since around the 1950s, December has been positive in more than 70% of cases;
→ the average monthly gain is approximately +1.0%.
Today, with traders worldwide focused on the Federal Reserve’s interest rate decision and Chair Powell’s subsequent press conference, there is reason to highlight another statistic. According to media reports, in 20 out of 20 instances when equity markets were near record highs and the Fed cut rates, the S&P 500 rose over the following 12 months.
Given the current backdrop — proximity to all-time highs and expectations of rate cuts — it is possible that this could become the 21st such case.
An analysis of price action on the 4-hour chart of the S&P 500 (US SPX 500 mini on FXOpen) suggests that the stock market is reflecting nervous anticipation of the news, as the index is trading at roughly the same levels as at the start of December.
Technical Analysis of the S&P 500 Chart
From the demand side:
→ the price has managed to hold firmly above the 6785 level (which may act as support going forward) and has broken above a previously formed descending channel (shown in red);
→ an ascending channel formed in early December, which can be interpreted as cautious optimism ahead of the news.
From the supply side:
→ the late-October record high may act as psychological resistance;
→ yesterday’s decline (indicated by the arrow) suggests that bears are ready to act more aggressively if given a catalyst.
Overall, taking the above into account, it is reasonable to suggest that the S&P 500 market (US SPX 500 mini on FXOpen) is in a “calm before the storm” phase. Be prepared for volatility spikes later today, starting from 22:00 GMT+3.
Trade global index CFDs with zero commission and tight spreads. 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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#stocks #stockmarket #stocktrading #marketanalysis #MarketNews
Oracle (ORCL) Share Price Rebounds Ahead of Earnings Release
Oracle is due to publish its quarterly results today after the close of the main trading session. Analysts are expecting solid year-on-year growth compared with the same period last year:
→ Revenue: forecast to rise by around 15% to $16.15–16.2 billion.
→ Earnings per share (EPS): expected at $1.63–1.65, up roughly 11%.
At the same time, the market’s focus will be on the company’s plans in two key areas:
→ Order backlog growth: investors are looking for confirmation that demand for AI infrastructure remains strong. Previously, orders exceeded $500 billion.
→ Debt and capital expenditure (capex): Oracle is spending aggressively on data centres (capex could rise to as much as $25 billion per year) while taking on additional debt. This has raised concerns that costs may be increasing faster than the actual profits generated from AI.
Today’s results are particularly important in light of the market reaction to the previous earnings release.
On 15 September, we noted that ORCL shares surged with a bullish gap above the psychological $300 level. Since then, however, the share price has fallen by more than 30%. One possible explanation is that “smart money” used the spike in speculative demand to lock in profits on long positions — a view supported by exceptionally high trading volumes. Once demand faded, the price moved lower within a descending channel.
Within the broader long-term channel (shown in orange), the price briefly broke below the lower boundary but failed to follow through. Meanwhile, the narrowing candle body on 21 November (marked by the arrow), combined with a spike in volume, may suggest that institutional investors were absorbing selling pressure, potentially signalling expectations of higher prices ahead.
Positive signs include:
→ a false bearish break below the psychological $200 level;
→ a break of the red downward trajectory;
→ a rise in ORCL shares in pre-market trading today.
If Oracle’s actual results and management’s outlook impress investors, the ORCL share price could move back into the orange ascending channel.
Trade global index CFDs with zero commission and tight spreads. 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) Share Price Rebounds Ahead of Earnings Release
Oracle is due to publish its quarterly results today after the close of the main trading session. Analysts are expecting solid year-on-year growth compared with the same period last year:
→ Revenue: forecast to rise by around 15% to $16.15–16.2 billion.
→ Earnings per share (EPS): expected at $1.63–1.65, up roughly 11%.
At the same time, the market’s focus will be on the company’s plans in two key areas:
→ Order backlog growth: investors are looking for confirmation that demand for AI infrastructure remains strong. Previously, orders exceeded $500 billion.
→ Debt and capital expenditure (capex): Oracle is spending aggressively on data centres (capex could rise to as much as $25 billion per year) while taking on additional debt. This has raised concerns that costs may be increasing faster than the actual profits generated from AI.
Today’s results are particularly important in light of the market reaction to the previous earnings release.
On 15 September, we noted that ORCL shares surged with a bullish gap above the psychological $300 level. Since then, however, the share price has fallen by more than 30%. One possible explanation is that “smart money” used the spike in speculative demand to lock in profits on long positions — a view supported by exceptionally high trading volumes. Once demand faded, the price moved lower within a descending channel.
Within the broader long-term channel (shown in orange), the price briefly broke below the lower boundary but failed to follow through. Meanwhile, the narrowing candle body on 21 November (marked by the arrow), combined with a spike in volume, may suggest that institutional investors were absorbing selling pressure, potentially signalling expectations of higher prices ahead.
Positive signs include:
→ a false bearish break below the psychological $200 level;
→ a break of the red downward trajectory;
→ a rise in ORCL shares in pre-market trading today.
If Oracle’s actual results and management’s outlook impress investors, the ORCL share price could move back into the orange ascending channel.
Trade global index CFDs with zero commission and tight spreads. 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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#NASDAQ #stockmarket #stocktrading #stocks #marketanalysis #MarketNews
Nasdaq 100 Chart Analysis After the Fed Decision
The Nasdaq 100 index (US Tech 100 mini on FXOpen) showed sharp volatility yesterday following the interest rate announcement. The market action can be interpreted as follows:
→ First, the FOMC decision was released: as expected, the Federal Funds Rate was cut from 4.00% to 3.75% (a bullish catalyst), which pushed the index up towards point A.
→ However, half an hour later Jerome Powell’s press conference began, and his tone was noticeably hawkish (a bearish catalyst). The Fed Chair signalled that the rate-cutting cycle has been paused because inflation remains elevated and additional labour-market data is needed. As a result, the index fell sharply from point A to the low at point B.
Meanwhile, Donald Trump criticised the Fed’s decision, arguing that rates should be cut far more aggressively. This adds to uncertainty, especially given expectations that Powell will leave his post in May 2026.
Bearish pressure on the tech index intensified further after Oracle’s earnings release — see yesterday’s post for details. The results disappointed investors, fuelling renewed talk of an AI bubble, and ORCL shares plunged around 11% in after-hours trading.
Technical Analysis of the Nasdaq 100 Chart
Looking at recent price action in the Nasdaq 100 (US Tech 100 mini on FXOpen), the index appears to be forming a bearish Rounding Top pattern:
→ The peak at point A resembles a bull trap, as the price only slightly exceeded the December highs before reversing — in SMC terms, a sign of a bearish liquidity grab.
→ The price then broke support from several recent sessions around 25,570 after forming a large bearish candle (marked by the arrow). This indicates strong selling pressure (a market imbalance) and the area may now act as resistance.
It is possible that bulls will attempt to recover some of yesterday’s losses today. However, if any rebound stalls near this resistance zone, the Nasdaq 100 (US Tech 100 mini on FXOpen) may continue to drift lower along a rounding downward trajectory.
Trade global index CFDs with zero commission and tight spreads. 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.
Nasdaq 100 Chart Analysis After the Fed Decision
The Nasdaq 100 index (US Tech 100 mini on FXOpen) showed sharp volatility yesterday following the interest rate announcement. The market action can be interpreted as follows:
→ First, the FOMC decision was released: as expected, the Federal Funds Rate was cut from 4.00% to 3.75% (a bullish catalyst), which pushed the index up towards point A.
→ However, half an hour later Jerome Powell’s press conference began, and his tone was noticeably hawkish (a bearish catalyst). The Fed Chair signalled that the rate-cutting cycle has been paused because inflation remains elevated and additional labour-market data is needed. As a result, the index fell sharply from point A to the low at point B.
Meanwhile, Donald Trump criticised the Fed’s decision, arguing that rates should be cut far more aggressively. This adds to uncertainty, especially given expectations that Powell will leave his post in May 2026.
Bearish pressure on the tech index intensified further after Oracle’s earnings release — see yesterday’s post for details. The results disappointed investors, fuelling renewed talk of an AI bubble, and ORCL shares plunged around 11% in after-hours trading.
Technical Analysis of the Nasdaq 100 Chart
Looking at recent price action in the Nasdaq 100 (US Tech 100 mini on FXOpen), the index appears to be forming a bearish Rounding Top pattern:
→ The peak at point A resembles a bull trap, as the price only slightly exceeded the December highs before reversing — in SMC terms, a sign of a bearish liquidity grab.
→ The price then broke support from several recent sessions around 25,570 after forming a large bearish candle (marked by the arrow). This indicates strong selling pressure (a market imbalance) and the area may now act as resistance.
It is possible that bulls will attempt to recover some of yesterday’s losses today. However, if any rebound stalls near this resistance zone, the Nasdaq 100 (US Tech 100 mini on FXOpen) may continue to drift lower along a rounding downward trajectory.
Trade global index CFDs with zero commission and tight spreads. 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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#DXY #tradingforex #tradingtips #marketanalysis #MarketTrends
Dollar Index Chart Analysis After the Fed Decision
Following yesterday’s FOMC interest rate decision and Jerome Powell’s press conference, the US Dollar Index (DXY) dropped sharply to point A.
On one hand, the 0.25% rate cut makes the dollar less attractive for capital preservation and yield. On the other, the prospect of a pause before further cuts provides some support.
Thus, the current level represents the market’s attempt to establish a fair valuation for the US currency.
Technical Analysis of the DXY Chart
Three days ago, we:
→ updated the system of two trend channels;
→ noted signs of seller dominance;
→ highlighted the formation of a consolidation zone.
Yesterday’s decline prompted an extension of the blue upward channel formed in October–November. Key insights from recent price action include:
→ the consolidation zone (marked by black lines) was broken after the median of the red channel acted as resistance (indicated by the arrow);
→ the price fell to the lower boundary of the red channel;
→ the former support around 98.78 acted as resistance this morning (marked by the second arrow);
→ the RSI indicator is near oversold levels, reflecting ongoing selling pressure.
Considering the above, a scenario of further downward movement along the lower boundary of the red channel seems plausible. If this develops, the price may fall to the lower boundary of the blue channel, which could serve as a key support level.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips. Learn more about trading 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.
Dollar Index Chart Analysis After the Fed Decision
Following yesterday’s FOMC interest rate decision and Jerome Powell’s press conference, the US Dollar Index (DXY) dropped sharply to point A.
On one hand, the 0.25% rate cut makes the dollar less attractive for capital preservation and yield. On the other, the prospect of a pause before further cuts provides some support.
Thus, the current level represents the market’s attempt to establish a fair valuation for the US currency.
Technical Analysis of the DXY Chart
Three days ago, we:
→ updated the system of two trend channels;
→ noted signs of seller dominance;
→ highlighted the formation of a consolidation zone.
Yesterday’s decline prompted an extension of the blue upward channel formed in October–November. Key insights from recent price action include:
→ the consolidation zone (marked by black lines) was broken after the median of the red channel acted as resistance (indicated by the arrow);
→ the price fell to the lower boundary of the red channel;
→ the former support around 98.78 acted as resistance this morning (marked by the second arrow);
→ the RSI indicator is near oversold levels, reflecting ongoing selling pressure.
Considering the above, a scenario of further downward movement along the lower boundary of the red channel seems plausible. If this develops, the price may fall to the lower boundary of the blue channel, which could serve as a key support level.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips. Learn more about trading 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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#XAGUSD #silver #silverprice #commodities #MarketTrends #marketanalysis
Silver Price Hits Historic Record Around $64
On 27 November, we suggested that silver was preparing to challenge its all-time high. Since then (marked with the orange arrow), XAG/USD has risen by roughly 18%, breaking above the psychological $60-per-ounce threshold for the first time in history.
The rally has been driven by strong retail inflows into silver ETFs, alongside expectations of a structural supply deficit by 2026 due to robust industrial demand—particularly from solar energy, electric vehicles, and data-centre infrastructure.
The weakening of the US dollar following the Federal Reserve’s decision on Wednesday also helped lift dollar-denominated silver to a new historic peak near $64.
Technical Analysis of XAG/USD
A review of the XAG/USD chart shows that the price has been moving within a rising channel that encapsulates the uptrend beginning in early September.
Within this structure:
→ the channel median acted as a springboard for price growth on 4 December;
→ the line dividing the upper half of the channel into quarters switched from resistance (earlier in the month) to support on 10 December;
→ silver is now trading near the channel’s upper boundary, which may behave as significant resistance (as it did in mid-October).
Given these factors, the market may now be heavily overheated, leaving it vulnerable to a correction. Should this scenario begin to unfold, we could see a bearish break of the steep upward trajectory that has lifted silver by around 30% from the 21 November low.
Start trading commodities with tight spreads. 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.
Silver Price Hits Historic Record Around $64
On 27 November, we suggested that silver was preparing to challenge its all-time high. Since then (marked with the orange arrow), XAG/USD has risen by roughly 18%, breaking above the psychological $60-per-ounce threshold for the first time in history.
The rally has been driven by strong retail inflows into silver ETFs, alongside expectations of a structural supply deficit by 2026 due to robust industrial demand—particularly from solar energy, electric vehicles, and data-centre infrastructure.
The weakening of the US dollar following the Federal Reserve’s decision on Wednesday also helped lift dollar-denominated silver to a new historic peak near $64.
Technical Analysis of XAG/USD
A review of the XAG/USD chart shows that the price has been moving within a rising channel that encapsulates the uptrend beginning in early September.
Within this structure:
→ the channel median acted as a springboard for price growth on 4 December;
→ the line dividing the upper half of the channel into quarters switched from resistance (earlier in the month) to support on 10 December;
→ silver is now trading near the channel’s upper boundary, which may behave as significant resistance (as it did in mid-October).
Given these factors, the market may now be heavily overheated, leaving it vulnerable to a correction. Should this scenario begin to unfold, we could see a bearish break of the steep upward trajectory that has lifted silver by around 30% from the 21 November low.
Start trading commodities with tight spreads. 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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#oilprices #brent #oilindustry #commodities #marketanalysis #MarketNews
XBR/USD Chart Analysis: Price Rebounds from a Seven-Week Low
On 1 December, we outlined a descending channel on the XBR/USD chart and noted that the bearish trend was driven by fading geopolitical risks. Indeed, hopes for an end to the war in Ukraine—along with the possibility of sanctions on Russia being eased—acted as a bearish catalyst.
In addition, the International Energy Agency reaffirmed its forecast for a record supply surplus and highlighted that global inventories have reached a four-year high.
Under the influence of these and other factors, such as signs of a slowdown in the Chinese economy, Brent crude fell to a seven-week low at point A. However, today the XBR/USD chart shows a bullish reversal, again triggered by geopolitics, according to media reports:
→ The United States has intercepted a sanctioned Venezuelan tanker, which Caracas described as an “act of piracy”.
→ Ukraine has struck another vessel from the “shadow fleet” linked to Russia’s oil trade.
Technical Analysis of XBR/USD
From a bearish perspective:
→ the $62.60 level (where the blue trendline was broken) remains a significant resistance zone;
→ bulls failed to preserve the gains from the A→B rally, as the price sank further to the low at point C;
→ the nearest resistance lies around $61.70.
From a bullish perspective:
→ the lower boundary of the channel may continue to act as support;
→ Brent crude has rebounded convincingly after a false bearish break below the November low—an indication of a potential liquidity grab, suggesting that “smart money” may be siding with demand.
Given these factors, geopolitical tensions may intensify, potentially driving XBR/USD back towards the median of the descending channel.
Start trading commodities with tight spreads. 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: Price Rebounds from a Seven-Week Low
On 1 December, we outlined a descending channel on the XBR/USD chart and noted that the bearish trend was driven by fading geopolitical risks. Indeed, hopes for an end to the war in Ukraine—along with the possibility of sanctions on Russia being eased—acted as a bearish catalyst.
In addition, the International Energy Agency reaffirmed its forecast for a record supply surplus and highlighted that global inventories have reached a four-year high.
Under the influence of these and other factors, such as signs of a slowdown in the Chinese economy, Brent crude fell to a seven-week low at point A. However, today the XBR/USD chart shows a bullish reversal, again triggered by geopolitics, according to media reports:
→ The United States has intercepted a sanctioned Venezuelan tanker, which Caracas described as an “act of piracy”.
→ Ukraine has struck another vessel from the “shadow fleet” linked to Russia’s oil trade.
Technical Analysis of XBR/USD
From a bearish perspective:
→ the $62.60 level (where the blue trendline was broken) remains a significant resistance zone;
→ bulls failed to preserve the gains from the A→B rally, as the price sank further to the low at point C;
→ the nearest resistance lies around $61.70.
From a bullish perspective:
→ the lower boundary of the channel may continue to act as support;
→ Brent crude has rebounded convincingly after a false bearish break below the November low—an indication of a potential liquidity grab, suggesting that “smart money” may be siding with demand.
Given these factors, geopolitical tensions may intensify, potentially driving XBR/USD back towards the median of the descending channel.
Start trading commodities with tight spreads. 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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#usdjpy #forex #marketanalysis #marketVolatility #marketupdate
USD/JPY Slides Towards Key Support
A Bank of Japan monetary policy meeting is due this week, and expectations around the decision are supporting the yen today. Traders increasingly believe that the central bank may raise its policy rate by 25 basis points to 0.75%.
Moreover, according to Trading Economics, analysts expect the interest rate to reach 1% by July 2026. Senior officials in Prime Minister Sanae Takaichi’s cabinet are also unlikely to oppose tighter policy, as an excessively weak yen could drive up import costs and fuel inflation.
Technical Analysis of the USD/JPY Chart
The chart shows USD/JPY moving lower today towards the important support level at ¥155 per dollar. Earlier this month, bears attempted to break below this level but failed to gain leading momentum.
Notably, market fluctuations since October have formed an ascending channel. Within this framework:
→ the channel median has twice acted as resistance, a bearish signal;
→ the price is currently near the lower boundary of the channel, which may serve as strong support.
Given these factors, it is reasonable to assume that expectations of tighter monetary policy could lead to a break below the combined support formed by the lower channel boundary and the key 155.00 level. If this occurs, the area could turn into resistance, opening the way for USD/JPY to move towards the next major support near ¥150 per dollar.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips. Learn more about trading 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 Slides Towards Key Support
A Bank of Japan monetary policy meeting is due this week, and expectations around the decision are supporting the yen today. Traders increasingly believe that the central bank may raise its policy rate by 25 basis points to 0.75%.
Moreover, according to Trading Economics, analysts expect the interest rate to reach 1% by July 2026. Senior officials in Prime Minister Sanae Takaichi’s cabinet are also unlikely to oppose tighter policy, as an excessively weak yen could drive up import costs and fuel inflation.
Technical Analysis of the USD/JPY Chart
The chart shows USD/JPY moving lower today towards the important support level at ¥155 per dollar. Earlier this month, bears attempted to break below this level but failed to gain leading momentum.
Notably, market fluctuations since October have formed an ascending channel. Within this framework:
→ the channel median has twice acted as resistance, a bearish signal;
→ the price is currently near the lower boundary of the channel, which may serve as strong support.
Given these factors, it is reasonable to assume that expectations of tighter monetary policy could lead to a break below the combined support formed by the lower channel boundary and the key 155.00 level. If this occurs, the area could turn into resistance, opening the way for USD/JPY to move towards the next major support near ¥150 per dollar.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips. Learn more about trading 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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#sp500 #stockmarket #stocktrading #marketanalysis #MarketNews
S&P 500 Index: Chart Analysis After Friday’s Sell-Off
Trading on 12 December was overshadowed by a sharp decline in the S&P 500 (US SPX 500 mini on FXOpen), with the session low approaching December’s previous trough.
Among the key fundamental drivers behind Friday’s drop was the market reaction to Broadcom’s quarterly report. Shares (AVGO) plunged more than 10%, possibly as investors aggressively took profits in tech stocks, concerned that the AI hype may be overheated.
A review of the 4-hour chart of the S&P 500 (US SPX 500 mini on FXOpen) suggests that Friday’s negative sentiment may have begun to ease, as the index is now recovering. Overall, this presents an interesting picture from a price-action perspective.
Technical Analysis of the S&P 500 Chart
Five days ago, we noted that an ascending channel had formed in early December, which could be interpreted as cautious optimism ahead of key news.
However, Fed-related announcements triggered a surge in volatility (as we described, “the calm before the storm”), pushing prices beyond both boundaries of the blue channel:
→ The failure to hold above the upper boundary can be seen as bulls lacking confidence to challenge the all-time high. The false break around 6929 looks like a trader trap.
→ Conversely, bears may have been unable to suppress buying near Friday’s low, as indicated by the long lower wicks on the candles (highlighted by the arrow).
The chart now shows a complex Megaphone pattern (marked A–F).
It is possible that the coming week will be characterised by consolidation following Wednesday–Friday’s swings, with market sentiment increasingly influenced by the approaching holiday period.
Trade global index CFDs with zero commission and tight spreads. 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: Chart Analysis After Friday’s Sell-Off
Trading on 12 December was overshadowed by a sharp decline in the S&P 500 (US SPX 500 mini on FXOpen), with the session low approaching December’s previous trough.
Among the key fundamental drivers behind Friday’s drop was the market reaction to Broadcom’s quarterly report. Shares (AVGO) plunged more than 10%, possibly as investors aggressively took profits in tech stocks, concerned that the AI hype may be overheated.
A review of the 4-hour chart of the S&P 500 (US SPX 500 mini on FXOpen) suggests that Friday’s negative sentiment may have begun to ease, as the index is now recovering. Overall, this presents an interesting picture from a price-action perspective.
Technical Analysis of the S&P 500 Chart
Five days ago, we noted that an ascending channel had formed in early December, which could be interpreted as cautious optimism ahead of key news.
However, Fed-related announcements triggered a surge in volatility (as we described, “the calm before the storm”), pushing prices beyond both boundaries of the blue channel:
→ The failure to hold above the upper boundary can be seen as bulls lacking confidence to challenge the all-time high. The false break around 6929 looks like a trader trap.
→ Conversely, bears may have been unable to suppress buying near Friday’s low, as indicated by the long lower wicks on the candles (highlighted by the arrow).
The chart now shows a complex Megaphone pattern (marked A–F).
It is possible that the coming week will be characterised by consolidation following Wednesday–Friday’s swings, with market sentiment increasingly influenced by the approaching holiday period.
Trade global index CFDs with zero commission and tight spreads. 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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#Macroeconomics #ForexMarkets #CentralBanks #EconomicData #MarketVolatility #InterestRates #InflationWatch #EmploymentData #GlobalMarkets
Market Insights with Gary Thomson: UK Jobs, US NFP & CPI, and BoJ Rate Call You Can’t Ignore
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 of Market Insights, Gary Thomson unpacks the strategic implications of the week’s most critical events driving global markets.
👉 Key topics covered in this episode:
🔸 UK Unemployment Rate
The UK unemployment rate rose to 5.0% in Q3 2025, the highest in years, with 117,000 more unemployed and a drop in total employment. This comes just before the BoE’s expected 25-basis-point cut and could raise expectations of further easing. How might the higher unemployment rate affect the British pound?
🔸 US Nonfarm Payrolls and Unemployment Rate
Due to the US government shutdown, labour data is being released later than usual. September showed stronger payrolls but a higher unemployment rate, which weakened the USD. With November’s report finally coming out, markets are on edge, and volatility is expected. How might the labour data affect market reaction this time?
🔸 US Inflation Rate
The previous soft reading boosted expectations of Fed cuts, but the Fed’s recent cut was “hawkish. What market reaction is likely if inflation comes in lower than expected?
🔸 BoJ Interest Rate Decision
Japan may raise its benchmark rate to 0.75% — the highest level since 1995. The move is mostly priced in, so markets will focus on signals about future hikes. How could the Bank of Japan’s forward guidance influence the yen and Japanese equities?
Gain insights to strengthen your trading knowledge.
💬 Don’t forget to like, comment, and subscribe for more professional market insights every week.
https://cutt.ly/ctpJHNbc
To take advantage of price fluctuations in the foreign exchange markets, consider enlisting the services of a reliable broker like FXOpen.
⚠️
This video 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 Jobs, US NFP & CPI, and BoJ Rate Call You Can’t Ignore
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 of Market Insights, Gary Thomson unpacks the strategic implications of the week’s most critical events driving global markets.
👉 Key topics covered in this episode:
🔸 UK Unemployment Rate
The UK unemployment rate rose to 5.0% in Q3 2025, the highest in years, with 117,000 more unemployed and a drop in total employment. This comes just before the BoE’s expected 25-basis-point cut and could raise expectations of further easing. How might the higher unemployment rate affect the British pound?
🔸 US Nonfarm Payrolls and Unemployment Rate
Due to the US government shutdown, labour data is being released later than usual. September showed stronger payrolls but a higher unemployment rate, which weakened the USD. With November’s report finally coming out, markets are on edge, and volatility is expected. How might the labour data affect market reaction this time?
🔸 US Inflation Rate
The previous soft reading boosted expectations of Fed cuts, but the Fed’s recent cut was “hawkish. What market reaction is likely if inflation comes in lower than expected?
🔸 BoJ Interest Rate Decision
Japan may raise its benchmark rate to 0.75% — the highest level since 1995. The move is mostly priced in, so markets will focus on signals about future hikes. How could the Bank of Japan’s forward guidance influence the yen and Japanese equities?
Gain insights to strengthen your trading knowledge.
💬 Don’t forget to like, comment, and subscribe for more professional market insights every week.
https://cutt.ly/ctpJHNbc
To take advantage of price fluctuations in the foreign exchange markets, consider enlisting the services of a reliable broker like FXOpen.
⚠️
This video 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 Jobs, US NFP & CPI, and BoJ Rate Call You Can’t Ignore
In this video, we’ll explore the key economic events and market trends, shaping the financial landscape. Get ready for insights into financial markets to help you navigate the week ahead. Let’s dive in!
In this episode of Market Insights, Gary Thomson unpacks…
In this episode of Market Insights, Gary Thomson unpacks…
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FXOpen official
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#stockmarket #marketanalysis #stocks #MarketTrends
Trump’s Comments Spark Rally in Cannabis Stocks
Shares of cannabis-related companies have surged sharply in recent days, as what had previously been market rumours received official confirmation.
According to media reports:
→ The US President confirmed his intention to reclassify cannabis as a Schedule III substance, which would designate it as less dangerous. Such a move could boost funding for the cannabis industry and related scientific research, while also easing criminal penalties. “We are looking at this very carefully,” Trump told reporters in the Oval Office.
→ The White House’s decision to reclassify cannabis would also remove the impact of Section 280E of the US tax code, which has limited profitability for companies in the cannabis sector.
Among the top gainers was shares of Canadian firm Cronos (CRON), which climbed to its highest level since late 2022 yesterday.
Technical Analysis of CRON Shares
Technical analysis shows that in the second half of 2025, CRON shares have been trending higher, forming an ascending channel. Within this structure:
→ the channel median acted as resistance between 9 and 11 December before being broken by strong buying pressure;
→ yesterday, CRON formed a bearish candle after several days of gains;
→ the high of that candle is close to the upper boundary of the channel;
→ the RSI is moving lower after peaking above the 80 level.
Trump’s remarks may have triggered a wave of speculative buying, but the decision has not yet been formally signed. As a result, buyers of CRON shares (and other cannabis stocks) may be at risk of being caught in a trap. As emotions fade, CRON’s share price could drift back towards the channel median, where supply and demand tend to rebalance.
Trade global index CFDs with zero commission and tight spreads. 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.
Trump’s Comments Spark Rally in Cannabis Stocks
Shares of cannabis-related companies have surged sharply in recent days, as what had previously been market rumours received official confirmation.
According to media reports:
→ The US President confirmed his intention to reclassify cannabis as a Schedule III substance, which would designate it as less dangerous. Such a move could boost funding for the cannabis industry and related scientific research, while also easing criminal penalties. “We are looking at this very carefully,” Trump told reporters in the Oval Office.
→ The White House’s decision to reclassify cannabis would also remove the impact of Section 280E of the US tax code, which has limited profitability for companies in the cannabis sector.
Among the top gainers was shares of Canadian firm Cronos (CRON), which climbed to its highest level since late 2022 yesterday.
Technical Analysis of CRON Shares
Technical analysis shows that in the second half of 2025, CRON shares have been trending higher, forming an ascending channel. Within this structure:
→ the channel median acted as resistance between 9 and 11 December before being broken by strong buying pressure;
→ yesterday, CRON formed a bearish candle after several days of gains;
→ the high of that candle is close to the upper boundary of the channel;
→ the RSI is moving lower after peaking above the 80 level.
Trump’s remarks may have triggered a wave of speculative buying, but the decision has not yet been formally signed. As a result, buyers of CRON shares (and other cannabis stocks) may be at risk of being caught in a trap. As emotions fade, CRON’s share price could drift back towards the channel median, where supply and demand tend to rebalance.
Trade global index CFDs with zero commission and tight spreads. 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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#EURNZD #forextrading #forex #marketanalysis #MarketNews
EUR/NZD Pulls Back From Its December High
Today the EUR/NZD rate touched the 2.4000 level — the highest reading since late November — but then saw a fairly sharp pullback. Fundamentally, the heightened volatility is driven by a combination of factors.
The euro (EUR) is showing strength because:
→ industrial production in the euro area unexpectedly rose by 0.8% (above forecasts), easing recession fears;
→ the market expects a more measured tone from the European Central Bank amid stabilising data. The meeting will take place on Thursday, 18 December.
On the other hand, the New Zealand dollar (NZD) has come under pressure:
→ a report published on 9 December by the New Zealand Treasury (the Half Year Economic and Fiscal Update) delivered a gloomy outlook: the economic recovery is stalling, and unemployment could rise to 5.5%;
→ prices for dairy products (the country’s main export) are falling, undermining the resilience of the “kiwi”.
That said, the EUR/NZD chart suggests that the scope for further upside may be limited.
Technical Analysis of the EUR/NZD Chart
From 29 November to 12 December, the pair declined (A→B) by roughly 2.9%, and then rallied to today’s peak (2), which lies almost exactly midway between the extremes at A and B. From a Fibonacci perspective, this can reasonably be interpreted as a normal pullback to the 50% level, after which the downward move may resume.
From the viewpoint of trend channels, the descending channel has been expanded upwards, while today’s move (up then down) essentially resembles a Bearish Engulfing pattern — formed during an attempt to break above the upper boundary of the channel.
Many indicators are likely to show divergence between highs 1 and 2. Therefore, taking all of the above into account, forex traders should keep in mind a scenario in which the upward trajectory of the past seven days (shown in blue) is broken by the bears, and the EUR/NZD rate continues to develop within the descending channel.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips. Learn more about trading 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.
EUR/NZD Pulls Back From Its December High
Today the EUR/NZD rate touched the 2.4000 level — the highest reading since late November — but then saw a fairly sharp pullback. Fundamentally, the heightened volatility is driven by a combination of factors.
The euro (EUR) is showing strength because:
→ industrial production in the euro area unexpectedly rose by 0.8% (above forecasts), easing recession fears;
→ the market expects a more measured tone from the European Central Bank amid stabilising data. The meeting will take place on Thursday, 18 December.
On the other hand, the New Zealand dollar (NZD) has come under pressure:
→ a report published on 9 December by the New Zealand Treasury (the Half Year Economic and Fiscal Update) delivered a gloomy outlook: the economic recovery is stalling, and unemployment could rise to 5.5%;
→ prices for dairy products (the country’s main export) are falling, undermining the resilience of the “kiwi”.
That said, the EUR/NZD chart suggests that the scope for further upside may be limited.
Technical Analysis of the EUR/NZD Chart
From 29 November to 12 December, the pair declined (A→B) by roughly 2.9%, and then rallied to today’s peak (2), which lies almost exactly midway between the extremes at A and B. From a Fibonacci perspective, this can reasonably be interpreted as a normal pullback to the 50% level, after which the downward move may resume.
From the viewpoint of trend channels, the descending channel has been expanded upwards, while today’s move (up then down) essentially resembles a Bearish Engulfing pattern — formed during an attempt to break above the upper boundary of the channel.
Many indicators are likely to show divergence between highs 1 and 2. Therefore, taking all of the above into account, forex traders should keep in mind a scenario in which the upward trajectory of the past seven days (shown in blue) is broken by the bears, and the EUR/NZD rate continues to develop within the descending channel.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips. Learn more about trading 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 #tesla #stocks #stocktrading #marketanalysis #MarketUpdates
Tesla (TSLA) Shares Close at a Record High
On Tuesday, 16 December 2025, Tesla shares closed at a new all-time high, breaking above the $488 level.
As a result, TSLA:
→ surpassed its December 2024 peak;
→ is up by roughly 125% from this year’s lows;
→ made Elon Musk the first person in the world whose net worth has exceeded $600 billion.
Why are TSLA shares rising?
Elon Musk has officially confirmed that Tesla has begun testing driverless robotaxis in Austin, Texas, without safety monitors in the vehicle. This marks an important step towards the large-scale deployment of the Robotaxi concept.
Despite a decline in electric vehicle sales in November (following the removal of tax incentives by the new US administration), TSLA shares continue to rise as market participants are pricing in Tesla’s potential dominance in artificial intelligence and autonomous transport — a development that could unlock fundamentally new revenue streams for the company.
Supporting this outlook, several investment banks have raised their price targets for TSLA. For instance, Mizuho analysts lifted their target to $530.
Technical perspective
When analysing TSLA on 12 November, we:
→ identified an ascending channel and a support zone between $360 and $400;
→ suggested that the previous high was limiting bullish momentum, with the market entering a consolidation phase.
Since then (as shown by the blue arrow), TSLA shares:
→ broke out of the consolidation zone;
→ found support near the lower boundary of the ascending channel;
→ resumed their upward trend.
It is worth noting that trading volumes in early December were relatively low — which can be interpreted as a lack of selling pressure. However, the subsequent move into the upper half of the channel was accompanied by a surge in trading activity and the formation of a bullish gap (marked by the black arrow). This signals strong demand, with buyers willing to pay higher prices for a high-quality stock.
Looking ahead, it is possible that:
→ the former resistance at $465 will turn into a new support zone;
→ the current bullish impulse could drive attempts to challenge the psychological $500 level.
Trade global index CFDs with zero commission and tight spreads. 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 Close at a Record High
On Tuesday, 16 December 2025, Tesla shares closed at a new all-time high, breaking above the $488 level.
As a result, TSLA:
→ surpassed its December 2024 peak;
→ is up by roughly 125% from this year’s lows;
→ made Elon Musk the first person in the world whose net worth has exceeded $600 billion.
Why are TSLA shares rising?
Elon Musk has officially confirmed that Tesla has begun testing driverless robotaxis in Austin, Texas, without safety monitors in the vehicle. This marks an important step towards the large-scale deployment of the Robotaxi concept.
Despite a decline in electric vehicle sales in November (following the removal of tax incentives by the new US administration), TSLA shares continue to rise as market participants are pricing in Tesla’s potential dominance in artificial intelligence and autonomous transport — a development that could unlock fundamentally new revenue streams for the company.
Supporting this outlook, several investment banks have raised their price targets for TSLA. For instance, Mizuho analysts lifted their target to $530.
Technical perspective
When analysing TSLA on 12 November, we:
→ identified an ascending channel and a support zone between $360 and $400;
→ suggested that the previous high was limiting bullish momentum, with the market entering a consolidation phase.
Since then (as shown by the blue arrow), TSLA shares:
→ broke out of the consolidation zone;
→ found support near the lower boundary of the ascending channel;
→ resumed their upward trend.
It is worth noting that trading volumes in early December were relatively low — which can be interpreted as a lack of selling pressure. However, the subsequent move into the upper half of the channel was accompanied by a surge in trading activity and the formation of a bullish gap (marked by the black arrow). This signals strong demand, with buyers willing to pay higher prices for a high-quality stock.
Looking ahead, it is possible that:
→ the former resistance at $465 will turn into a new support zone;
→ the current bullish impulse could drive attempts to challenge the psychological $500 level.
Trade global index CFDs with zero commission and tight spreads. 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 #stocktrading #AI #ArtificialIntelligence #marketanalysis #MarketTrends
Oracle (ORCL) Shares Fall Below $180
Yesterday, Oracle (ORCL) shares dropped by 5% following reports that investment firm Blue Owl Capital had withdrawn from financing a $10bn data centre project in Michigan.
The collapse of the deal raises questions over Oracle’s ability to meet its commitments under large-scale contracts (including a $300bn agreement with OpenAI) without further straining its balance sheet.
According to media reports, the company’s total debt has climbed to $111bn. The recent share price decline reflects growing concerns that Oracle’s “credit bubble” may struggle to withstand the AI arms race, making it increasingly difficult for the company to secure funding for its ambitious construction projects.
As a result:
→ ORCL shares fell below $180 for the first time since mid-June;
→ the chances of returning to the previously established ascending channel now look slim.
However, technical analysis of the ORCL chart highlights four factors that could support a rebound:
1 → The price has filled the bullish gap formed in mid-June;
2 → The share price has fallen by around 50% from its all-time high set in early September, which may attract risk-tolerant buyers looking to pick up a stock that has halved in value;
3 → The price is trading close to the lower boundary of the descending channel that frames the current decline;
4 → Yesterday’s surge in trading volumes may signal panic selling, which often precedes a rebound.
A fifth factor could be an oversold signal from your chosen oscillator.
That said, even if ORCL shares begin to recover, the upside may be capped by a key resistance zone (marked in blue), which formed after a bearish gap above the psychological $200 level following the quarterly earnings release.
Trade global index CFDs with zero commission and tight spreads*. Learn more about trading index CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Oracle (ORCL) Shares Fall Below $180
Yesterday, Oracle (ORCL) shares dropped by 5% following reports that investment firm Blue Owl Capital had withdrawn from financing a $10bn data centre project in Michigan.
The collapse of the deal raises questions over Oracle’s ability to meet its commitments under large-scale contracts (including a $300bn agreement with OpenAI) without further straining its balance sheet.
According to media reports, the company’s total debt has climbed to $111bn. The recent share price decline reflects growing concerns that Oracle’s “credit bubble” may struggle to withstand the AI arms race, making it increasingly difficult for the company to secure funding for its ambitious construction projects.
As a result:
→ ORCL shares fell below $180 for the first time since mid-June;
→ the chances of returning to the previously established ascending channel now look slim.
However, technical analysis of the ORCL chart highlights four factors that could support a rebound:
1 → The price has filled the bullish gap formed in mid-June;
2 → The share price has fallen by around 50% from its all-time high set in early September, which may attract risk-tolerant buyers looking to pick up a stock that has halved in value;
3 → The price is trading close to the lower boundary of the descending channel that frames the current decline;
4 → Yesterday’s surge in trading volumes may signal panic selling, which often precedes a rebound.
A fifth factor could be an oversold signal from your chosen oscillator.
That said, even if ORCL shares begin to recover, the upside may be capped by a key resistance zone (marked in blue), which formed after a bearish gap above the psychological $200 level following the quarterly earnings release.
Trade global index CFDs with zero commission and tight spreads*. Learn more about trading index CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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#goldprice #XAUUSD #commodities #marketanalysis #MarketNews
Gold Price Analysis: Price Retreats From Record Highs
As the XAU/USD chart shows, gold rallied yesterday to near its October all-time high around the 4,380 level, before pulling back (as indicated by the arrow).
The surge in volatility was driven by a combination of factors:
→ Expectations of US rate cuts. According to media reports, data released yesterday showed that inflation slowed to 2.7% in November, below the 3.1% forecast, while core CPI eased to 2.6%, the lowest reading since March 2021. Markets are currently pricing in roughly a 25% chance of a rate cut in January, with a cut by April seen as almost certain.
→ Geopolitical tensions. Traders are closely monitoring developments linked to Venezuela, where the risk of an armed conflict involving the United States has increased. Market participants also reacted to statements from UK and European politicians ahead of the EU summit.
On 5 December, we:
→ noted that the lack of a clear trend had resulted in the formation of a symmetrical triangle, with its midline around $4,205;
→ suggested that this pattern on the XAU/USD chart could act like a “compressed spring”, eventually leading to a volatility breakout.
Such a volatility surge materialised on 11–12 December, when gold broke out of the triangle and posted a high near $4,340.
Since then, a new triangle has begun to form, with a central axis around $4,316, reflecting a developing balance between supply and demand. In this context, it is worth highlighting that:
→ yesterday’s rally and subsequent reversal can be interpreted as a false bullish breakout, signalling strong selling pressure near the record high and suggesting that gold may retreat towards the lower boundary of the emerging triangle;
→ the approaching holiday period is typically associated with thinner market liquidity, which often amplifies price swings. In such conditions, gold could still surprise traders with another push to fresh record highs.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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 Analysis: Price Retreats From Record Highs
As the XAU/USD chart shows, gold rallied yesterday to near its October all-time high around the 4,380 level, before pulling back (as indicated by the arrow).
The surge in volatility was driven by a combination of factors:
→ Expectations of US rate cuts. According to media reports, data released yesterday showed that inflation slowed to 2.7% in November, below the 3.1% forecast, while core CPI eased to 2.6%, the lowest reading since March 2021. Markets are currently pricing in roughly a 25% chance of a rate cut in January, with a cut by April seen as almost certain.
→ Geopolitical tensions. Traders are closely monitoring developments linked to Venezuela, where the risk of an armed conflict involving the United States has increased. Market participants also reacted to statements from UK and European politicians ahead of the EU summit.
On 5 December, we:
→ noted that the lack of a clear trend had resulted in the formation of a symmetrical triangle, with its midline around $4,205;
→ suggested that this pattern on the XAU/USD chart could act like a “compressed spring”, eventually leading to a volatility breakout.
Such a volatility surge materialised on 11–12 December, when gold broke out of the triangle and posted a high near $4,340.
Since then, a new triangle has begun to form, with a central axis around $4,316, reflecting a developing balance between supply and demand. In this context, it is worth highlighting that:
→ yesterday’s rally and subsequent reversal can be interpreted as a false bullish breakout, signalling strong selling pressure near the record high and suggesting that gold may retreat towards the lower boundary of the emerging triangle;
→ the approaching holiday period is typically associated with thinner market liquidity, which often amplifies price swings. In such conditions, gold could still surprise traders with another push to fresh record highs.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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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#gasprices #commodities #marketanalysis #MarketNews
Natural Gas Prices Fell in Late December
On 4 December, while analysing the XNG/USD chart, we highlighted the rally in natural gas prices towards a three-year high and noted that the price had entered a resistance zone formed by:
→ the upper boundary of a broad descending channel (shown in red);
→ the $4.800/MMBtu level, near which a peak was formed in March;
→ the psychological $5.000/MMBtu mark.
As indicated by the arrow:
→ this resistance cluster proved effective, and after an attempt to break above the $5.000 psychological level, the uptrend reached its climax;
→ following the appearance of a bearish gap on 8 December, selling pressure took control, leading to a break below the orange ascending trend line and a decline in US natural gas prices.
From a fundamental perspective, the pullback has been driven by several factors:
→ Seasonality. Weather forecasts for the US holiday period point to above-average temperatures, reducing demand for heating and power generation.
→ Rising production. According to Trading Economics, natural gas output in the continental United States reached 109.7 billion cubic feet per day in December, maintaining the record levels seen in November. In addition, EIA data show that gas inventories remain 0.9% above the current five-year average.
It is worth noting that today natural gas prices are trading:
→ near a support zone created by the bullish gap formed in the second half of October;
→ close to the median of the aforementioned descending channel, an area where supply and demand often come back into balance.
Taking this into account, it is reasonable to assume that:
→ after a sharp drop of around 30% from the early-December peak, sellers may look to lock in profits ahead of the holidays;
→ the market could enter a consolidation phase.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Natural Gas Prices Fell in Late December
On 4 December, while analysing the XNG/USD chart, we highlighted the rally in natural gas prices towards a three-year high and noted that the price had entered a resistance zone formed by:
→ the upper boundary of a broad descending channel (shown in red);
→ the $4.800/MMBtu level, near which a peak was formed in March;
→ the psychological $5.000/MMBtu mark.
As indicated by the arrow:
→ this resistance cluster proved effective, and after an attempt to break above the $5.000 psychological level, the uptrend reached its climax;
→ following the appearance of a bearish gap on 8 December, selling pressure took control, leading to a break below the orange ascending trend line and a decline in US natural gas prices.
From a fundamental perspective, the pullback has been driven by several factors:
→ Seasonality. Weather forecasts for the US holiday period point to above-average temperatures, reducing demand for heating and power generation.
→ Rising production. According to Trading Economics, natural gas output in the continental United States reached 109.7 billion cubic feet per day in December, maintaining the record levels seen in November. In addition, EIA data show that gas inventories remain 0.9% above the current five-year average.
It is worth noting that today natural gas prices are trading:
→ near a support zone created by the bullish gap formed in the second half of October;
→ close to the median of the aforementioned descending channel, an area where supply and demand often come back into balance.
Taking this into account, it is reasonable to assume that:
→ after a sharp drop of around 30% from the early-December peak, sellers may look to lock in profits ahead of the holidays;
→ the market could enter a consolidation phase.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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#commodities #gasprices #MarketNews #MarketTrends
Natural Gas Price Nears Three-Year High in Early December
In mid-November, analysing the XNG/USD chart, we noted a rise in natural gas prices, outlined a system of trend channels, and suggested a possible…
Natural Gas Price Nears Three-Year High in Early December
In mid-November, analysing the XNG/USD chart, we noted a rise in natural gas prices, outlined a system of trend channels, and suggested a possible…
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#XAUUSD #goldprice #commodities #MarketNews #MarketTrends
Gold Price Breaks Above $4,400 for the First Time
As the XAU/USD chart shows, gold has climbed above $4,400 today, setting a new all-time high.
On Friday, when analysing the gold chart, we highlighted a triangle formation and noted strong selling pressure near the previous record high around $4,380, set in October.
However, over the weekend geopolitical tensions intensified following reports that the United States detained an oil tanker linked to Venezuela. At the turn of the week, this resulted in a clear triangle breakout (as indicated by the arrow):
→ during the second half of Friday’s session, gold moved above the upper boundary of the pattern;
→ at the Asian open, the price turned higher after retesting that level, with former resistance acting as support.
As a result, concerns about a potential armed conflict involving the US have shifted the balance of supply and demand decisively higher.
The bullish momentum has justified the construction of an ascending channel. It is worth noting that the RSI indicator is currently in overbought territory. Intraday trading during the US session could therefore bring some corrective pullback, with potential support coming from:
→ the lower boundary of the newly formed channel;
→ the area between the previous peak at $4,380 and the psychological $4,000 level.
According to Goldman Sachs analysts, structural demand from central banks combined with falling interest rates could drive gold prices towards $4,900 by the end of 2026.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Gold Price Breaks Above $4,400 for the First Time
As the XAU/USD chart shows, gold has climbed above $4,400 today, setting a new all-time high.
On Friday, when analysing the gold chart, we highlighted a triangle formation and noted strong selling pressure near the previous record high around $4,380, set in October.
However, over the weekend geopolitical tensions intensified following reports that the United States detained an oil tanker linked to Venezuela. At the turn of the week, this resulted in a clear triangle breakout (as indicated by the arrow):
→ during the second half of Friday’s session, gold moved above the upper boundary of the pattern;
→ at the Asian open, the price turned higher after retesting that level, with former resistance acting as support.
As a result, concerns about a potential armed conflict involving the US have shifted the balance of supply and demand decisively higher.
The bullish momentum has justified the construction of an ascending channel. It is worth noting that the RSI indicator is currently in overbought territory. Intraday trading during the US session could therefore bring some corrective pullback, with potential support coming from:
→ the lower boundary of the newly formed channel;
→ the area between the previous peak at $4,380 and the psychological $4,000 level.
According to Goldman Sachs analysts, structural demand from central banks combined with falling interest rates could drive gold prices towards $4,900 by the end of 2026.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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#finance #stockmarket #forex #investing #commodities #marketvolatility #trading #economy
🎅🏾 Market Year Wrap 2025 with Gary Thomson: Key Highlights and Outlook for 2026
2025 was a year defined by policy shocks, geopolitical risk, and strong divergence across asset classes. From renewed trade wars to record-breaking equity and commodity moves, markets were repeatedly forced to reprice macro assumptions.
Let’s recall the most critical events that had an impact across FX, equities, and commodities.
📌 Key Highlights:
🔸 FX Markets: Currency pairs were highly volatile throughout the year as persistent recession fears, weak and uneven macro data, contradictory monetary policy signals, and rising geopolitical tension triggered significant price swings.
🔸 Equities: US equities experienced sharp volatility during the year. In April 2025, the implementation of broad tariffs triggered a large sell-off, marking the largest decline since the COVID crash of 2020. Despite this, equities recovered strongly. Expectations of easier monetary policy and resilient corporate earnings pushed major indices to record levels by year-end.
🔸 Commodities: Precious metals were among the strongest performers of the year. Energy markets told a different story. Policy decisions and geopolitical dynamics played a central role across the markets.
👉🏻 Stay informed and ahead of the market with us!
💬 Don’t forget to like, comment, and subscribe for more market insights every week.
https://cutt.ly/ktsBQPfl
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com.
🎅🏾 Market Year Wrap 2025 with Gary Thomson: Key Highlights and Outlook for 2026
2025 was a year defined by policy shocks, geopolitical risk, and strong divergence across asset classes. From renewed trade wars to record-breaking equity and commodity moves, markets were repeatedly forced to reprice macro assumptions.
Let’s recall the most critical events that had an impact across FX, equities, and commodities.
📌 Key Highlights:
🔸 FX Markets: Currency pairs were highly volatile throughout the year as persistent recession fears, weak and uneven macro data, contradictory monetary policy signals, and rising geopolitical tension triggered significant price swings.
🔸 Equities: US equities experienced sharp volatility during the year. In April 2025, the implementation of broad tariffs triggered a large sell-off, marking the largest decline since the COVID crash of 2020. Despite this, equities recovered strongly. Expectations of easier monetary policy and resilient corporate earnings pushed major indices to record levels by year-end.
🔸 Commodities: Precious metals were among the strongest performers of the year. Energy markets told a different story. Policy decisions and geopolitical dynamics played a central role across the markets.
👉🏻 Stay informed and ahead of the market with us!
💬 Don’t forget to like, comment, and subscribe for more market insights every week.
https://cutt.ly/ktsBQPfl
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com.
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🎅🏾 Market Year Wrap 2025 with Gary Thomson: Key Highlights and Outlook for 2026
2025 was a year defined by policy shocks, geopolitical risk, and strong divergence across asset classes. From renewed trade wars to record-breaking equity and commodity moves, markets were repeatedly forced to reprice macro assumptions. Let’s recall the most…
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#USDJPY #forextrading #forex #marketanalysis #MarketNews
USD/JPY Climbs Towards a Key High
On 15 December, we highlighted that USD/JPY was sliding towards a key support area near the lower boundary of its ascending channel.
Since then (as shown by the arrow), the pair has reversed higher, gaining around 1.5% and moving close to an important high set last month.
Notably, the advance has occurred despite two bearish factors:
→ last Friday’s interest-rate increase to 0.75%, the highest level in 30 years;
→ the ongoing risk of currency intervention aimed at supporting the yen.
It appears that the rate hike had already been priced in, while traders focused on the relatively dovish tone of the Bank of Japan’s comments following the decision. At the same time, the threat of intervention is largely being viewed as rhetorical rather than imminent.
Technical Analysis of the USD/JPY Chart
From a technical perspective:
→ the decline since 20 November resembles a bullish flag correction pattern;
→ the forceful breakout above its upper boundary suggests growing confidence among buyers in a continuation of the uptrend, after successfully keeping the pair within the broader channel that has been in place since September.
It cannot be ruled out that:
→ in the short term, the channel’s median line (which previously acted as resistance) could serve as the next upside target;
→ support may be provided by the acceleration zone — a sign of buyer-side imbalance — between 156.15 (the breakout level) and the 157 yen-per-dollar mark.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
USD/JPY Climbs Towards a Key High
On 15 December, we highlighted that USD/JPY was sliding towards a key support area near the lower boundary of its ascending channel.
Since then (as shown by the arrow), the pair has reversed higher, gaining around 1.5% and moving close to an important high set last month.
Notably, the advance has occurred despite two bearish factors:
→ last Friday’s interest-rate increase to 0.75%, the highest level in 30 years;
→ the ongoing risk of currency intervention aimed at supporting the yen.
It appears that the rate hike had already been priced in, while traders focused on the relatively dovish tone of the Bank of Japan’s comments following the decision. At the same time, the threat of intervention is largely being viewed as rhetorical rather than imminent.
Technical Analysis of the USD/JPY Chart
From a technical perspective:
→ the decline since 20 November resembles a bullish flag correction pattern;
→ the forceful breakout above its upper boundary suggests growing confidence among buyers in a continuation of the uptrend, after successfully keeping the pair within the broader channel that has been in place since September.
It cannot be ruled out that:
→ in the short term, the channel’s median line (which previously acted as resistance) could serve as the next upside target;
→ support may be provided by the acceleration zone — a sign of buyer-side imbalance — between 156.15 (the breakout level) and the 157 yen-per-dollar mark.
Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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#oilprices #oilindustry #commodities #marketanalysis #MarketNews
Oil Rises 1.7% Since the Start of the Week On Geopolitical Factors
As the XBR/USD chart shows, Brent crude trading opened this week near the $61.40 level, and by Tuesday morning the price was hovering around $61.50 (approximately +1.7%).
Oil prices are being pushed higher by geopolitical developments, including:
→ Pressure on Venezuela. President Trump stated that the United States could seize or sell oil from Venezuelan tankers that have been blocked.
→ Ukrainian attacks on ports and tankers linked to the transportation of Russian oil.
As a result, oil has gained around 5% from its seven-month low recorded on 16 December (point B), reflecting the risk premium that traders are building into the price of a barrel.
Technical Analysis of the XBR/USD Chart
Since mid-October, prices have remained in a downtrend, driven by a global increase in oil supply (analysts expect the supply surplus to persist into 2026).
At the same time:
→ price fluctuations have formed a descending channel, which was extended lower during the bearish impulse on 15–16 December;
→ at the low (B), the price failed to reach the lower boundary of the channel (a bullish signal), and then formed two bullish gaps (marked by arrows);
→ during the second gap, price moved aggressively into the upper half of the channel.
From a bullish perspective, price action suggests that buyers are currently in control, meaning traders should be prepared for a scenario in which rising geopolitical tensions push XBR/USD towards the upper boundary of the channel.
From a bearish standpoint, it is reasonable to assume that the area between the 50% and 61.8% Fibonacci retracement levels (where oil is trading today) could act as resistance following the A→B decline.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Oil Rises 1.7% Since the Start of the Week On Geopolitical Factors
As the XBR/USD chart shows, Brent crude trading opened this week near the $61.40 level, and by Tuesday morning the price was hovering around $61.50 (approximately +1.7%).
Oil prices are being pushed higher by geopolitical developments, including:
→ Pressure on Venezuela. President Trump stated that the United States could seize or sell oil from Venezuelan tankers that have been blocked.
→ Ukrainian attacks on ports and tankers linked to the transportation of Russian oil.
As a result, oil has gained around 5% from its seven-month low recorded on 16 December (point B), reflecting the risk premium that traders are building into the price of a barrel.
Technical Analysis of the XBR/USD Chart
Since mid-October, prices have remained in a downtrend, driven by a global increase in oil supply (analysts expect the supply surplus to persist into 2026).
At the same time:
→ price fluctuations have formed a descending channel, which was extended lower during the bearish impulse on 15–16 December;
→ at the low (B), the price failed to reach the lower boundary of the channel (a bullish signal), and then formed two bullish gaps (marked by arrows);
→ during the second gap, price moved aggressively into the upper half of the channel.
From a bullish perspective, price action suggests that buyers are currently in control, meaning traders should be prepared for a scenario in which rising geopolitical tensions push XBR/USD towards the upper boundary of the channel.
From a bearish standpoint, it is reasonable to assume that the area between the 50% and 61.8% Fibonacci retracement levels (where oil is trading today) could act as resistance following the A→B decline.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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