Oil Prices: April Could Be the Worst Month in Three and a Half Years
As the XTI/USD chart shows:
→ at the beginning of April, WTI crude was trading above $71 per barrel;
→ this morning, on the last day of the month, the price has fallen below $60.
The overall decline may reach 16% — the worst monthly performance since November 2021.
Why Is Oil Falling?...
META Share Price Rises Cautiously Ahead of Earnings Report
As shown on the Meta Platforms (META) chart, the share price rose by approximately 1% yesterday. This movement was supported by the announcement of the launch of the Meta AI app—an artificial intelligence-based application that will function as a personal assistant on mobile phones (similar to Google...
What Is SMT Divergence, and How Can You Use It in Trading?
SMT divergence, or Smart Money Technique divergence, is a concept used by traders to analyse imbalances in correlated markets. By identifying when price movements deviate between related instruments, traders can uncover potential shifts in market momentum, often linked to institutional activity. This...
Market Analysis: NZD/USD Dips
NZD/USD is trimming gains and struggling to stay above the 0.5945 pivot zone.
Important Takeaways for NZD/USD Analysis Today
- NZD/USD is declining from the 0.6030 resistance zone.
- There is a major bearish trend line forming with resistance near 0.5970 on the hourly chart of NZD/USD at FXOpen.
NZD/USD Technical Analysis
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Market Analysis: AUD/USD Consolidates Gains
AUD/USD is consolidating gains near the 0.6420 zone.
Important Takeaways for AUD/USD Analysis Today
- The Aussie Dollar started a downside correction from 0.6450 against the US Dollar.
- There was a break above a key bearish trend line with resistance near 0.6400 on the hourly chart of AUD/USD at FXOpen.
AUD/USD...
Optimal Position Size May Reduce Risks
Position sizing in trading is a crucial yet often overlooked aspect of risk management. It's the art of determining how much capital to allocate to each trade, balancing the potential for effective trading with the need to protect your investment. This article delves into the principles of position sizing, offering insights...
An Important Bullish Pattern Forms on the NIO Share Price Chart
Today, the share price of NIO Inc. (NIO), a Chinese manufacturer of "smart" electric vehicles, is trading above $4 – a development that may be viewed as an optimistic scenario following the drop to $3 in the first half of April, marking the lowest level in nearly five years.
Why Has NIO’s Share...
S&P 500 Chart Analysis Ahead of the Busiest Week of Earnings Season
Despite the fact that President Trump’s earlier decision to impose tariffs (at higher rates than expected) shook the stock markets, the S&P 500 index (US SPX 500 mini on FXOpen) could still end April without significant losses (currently trading less than 2% below the month’s opening level) or...
USD/CAD Consolidates
In the second half of April, the USD/CAD chart has shown a decline in volatility following significant spikes observed since February.
The Canadian dollar has stabilised against the US dollar within the 1.390–1.380 range over the past week, as market participants assess what a fair USD/CAD rate might be, given the evolving news backdrop:
→...
Why Coinbase (COIN) Shares Are Rising
As the Coinbase (COIN) stock chart shows, trading closed yesterday above the $200 mark — for the first time since March.
Since the beginning of April, COIN's share price has risen by nearly 20%, while the S&P 500 index (US SPX 500 mini on FXOpen) has declined by approximately 2%.
Bullish Drivers Behind COIN’s Price Rise...
USD/CHF Rebounds from Multi-Year Low
As the charts show, the USD/CHF exchange rate fell below 0.810 US dollars per franc earlier this week. The pair had not traded this low since the 2008 financial crisis. Demand for the Swiss franc as a safe-haven currency was driven by concerns over the escalation of the trade war between the United States and other major...
IBM Share Price Falls Following Earnings Report
Yesterday, after the close of the main trading session, International Business Machines (IBM) released its Q1 earnings report, exceeding Wall Street analysts’ expectations in several key areas. According to FactSet:
→ Earnings per share came in at $1.60 (forecast = $1.42), although this was below last year’s...
What Is the Advance-Decline (A/D) Line, and How Can You Use It in Trading?
The Advance-Decline (A/D) Line is a widely used market breadth indicator that provides insights into the strength of trends by tracking advancing and declining stocks. Popular among traders analysing indices like the NASDAQ, it helps identify broad participation or hidden divergences....
Gold Price Plunges After Climbing to $3,500 for the First Time
As the XAU/USD chart shows:
→ Yesterday, the spot gold price stopped just a few cents short of the key psychological level of $3,500 (and even exceeded it on the futures market);
→ But this morning, an ounce is trading around $3,300, having dropped aggressively by more than 5%.
Why Did Gold...
Alphabet (GOOGL) Shares Hover Near Psychological Level Ahead of Earnings Report
On 31 March, we noted that bearish sentiment could push Alphabet’s (GOOGL) share price towards the psychological level of $150. As the current price chart suggests, GOOGL is now trading close to that very level.
Moreover, the price is approximately equidistant from the recent highs...
Market Analysis: USD/JPY Eyes Fresh Increase
USD/JPY is rising and might gain pace above the 142.45 resistance.
Important Takeaways for USD/JPY Analysis Today
- USD/JPY climbed higher above the 141.00 and 141.65 levels.
- There was a break above a connecting bearish trend line with resistance at 141.20 on the hourly chart at FXOpen.
USD/JPY Technical...
Market Analysis: EUR/USD Dips From Highs
EUR/USD declined from the 1.1570 resistance and traded below 1.1470.
Important Takeaways for EUR/USD Analysis Today
- The Euro started a fresh decline after a strong surge above the 1.1500 zone.
- There was a break below a key bullish trend line with support at 1.1440 on the hourly chart of EUR/USD at FXOpen.
...
What Is a PD Array in ICT, and How Can You Use It in Trading?
The PD array, or Premium and Discount array, is a key concept within the Inner Circle Trader methodology, designed to help traders map market movements and identify high-probability zones. By breaking down price behaviour into premium and discount levels, along with tools like order blocks and fair...
