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We will need to understand that if the market volatility is higher then we will need to use the correct market entry in order to make the profits.

The Dollar Stopped Falling The US dollar is trying to win back losses, trading at 100.800 in USDX, however, key statistics on the labour market were negative: the number of initial applications for unemployment benefits amounted to 218.0k, much higher than 206.0k a week earlier and the...

USD/JPY Analysis: Outlook for 2024 The Japanese yen has been one of the worst performing currencies over the past couple of years. The situation could improve in 2024, writes WSJ. The yen has lost about 20% against the dollar since the end of 2021, underperforming other major currencies. The...

Market Analysis: AUD/USD and NZD/USD Regain Strength AUD/USD is moving higher and might climb further above 0.6870. NZD/USD is also rising and could extend its increase above the 0.6370 resistance zone. Important Takeaways for AUD USD and NZD USD Analysis Today The Aussie Dollar started a...

Brent Crude Oil Dips Back Below $80 Mark Despite Middle East Escalation The commodities market is a wide-ranging and varied one, largely because the different physical products represent different uses. Oil is one of those rare commodities that is an actual consumable item, and due to its...

European Stock Index Shows Signs of Weakness As the comparison chart shows, the ESX50 lags behind the US500. And this trend has been observed since mid-December, a period when central banks around the world published interest rate decisions and set expectations for the future. The divergence...

ETH/USD Analysis: New Record of the Year Today, the price of Ethereum exceeded the level of 2,440 per token, thereby setting a new high for 2023. It is noteworthy that the price of Bitcoin did not support the bullish sentiment, continuing to fluctuate around the USD 43,000 level for the fifth...

FTSE 100 Continues Pre-holiday Rally: Is 8000 in Sight? Almost a year ago, the FTSE 100, which is a prestigious index comprising the most prestigious blue-chip stocks of companies listed on the London Stock Exchange, hit 8,000 points for the first time in history. The euphoria that...

Brent Oil Price Reaches New December High Financial markets are experiencing a traditional decline in trading activity associated with the holiday period. Notable events: the S&P-500 and NASDAQ-100 stock indices updated their maximum for the year after the holiday Monday, thereby confirming...

EUR/USD Extends Rally While USD/JPY Revisits Support EUR/USD gained bullish momentum above the 1.0985 resistance. USD/JPY is declining and showing bearish signs below the 142.85 level. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro remained in a bullish zone and...

Market Analysis: Dollar Corrects in Thin Market The American currency is strengthening slightly after Christmas. Thus, the pound/US dollar currency pair retreated from the recent high just above 1.2700 and the US dollar/yen pair found support at 142.00. The euro/US dollar pair is trying to...

2023 In Review: A Look Back At The Highlights Of The Year The year 2023 commenced after two years of economic uncertainty and heavy inflation across Europe and North America, home to leading financial markets, with major currencies such as the euro and the US dollar, and financial hubs...

Solana Is the Fourth Largest Cryptocurrency by Capitalisation. But for How Long? 2023 turned out to be a good year for cryptocurrencies, especially given the depressing mood that reigned at the end of 2022. From the beginning of 2023: Bitcoin increased in price by more than 150% – including...

Watch FXOpen's Market Year Wrap 2023 Video Yearly Market Wrap With Gary Thomson: INDICES, OIL, TECH STOCKS, CURRENCIES, BANKS INFLATION Get the latest scoop on the year's hottest happenings, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most...

Market Analysis: GBP/USD Aims Fresh Increase While EUR/GBP Rallies GBP/USD is attempting a fresh increase from the 1.2610 zone. EUR/GBP is gaining pace and might extend its rally above the 0.8700 zone. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is trading...

USD/CAD, AUD/USD, EUR/USD Analysis: Commodity Currencies Testing Important Marks The penultimate five-day trading period of the past year turned out to be quite successful for commodity currencies. Thus, the AUD/USD pair is approaching the July extremes of this year, the USD/CAD pair has...

S&P 500: Worst Day since September The S&P 500 fell 70.02 points, or 1.47%, to 4,698.35 yesterday, according to Dow Jones Newswires. This is the largest one-day point decline since Thursday, September 21, 2023. Of the 500 stocks in the index, only 19 closed in the green. Of these, Google...

EURUSD Pair May Rise Despite Bank Predictions of Bearish Trend During the middle of 2023, the EURUSD pair witnessed a steady decline that lasted until October, reflecting a prolonged period of challenges for the euro against the US dollar. Since then, there has been a glimmer of hope in the...

Market Analysis: Gold Price Eyes Breakout, Crude Oil Price Recovers Gold price gained traction and climbed above the $2,030 resistance level. Crude oil price is recovering, and it could climb further higher toward the $78 resistance. Important Takeaways for Gold and Oil Prices Analysis Today...

AMZN: Stock Price Ends Year Stronger Than S&P 500 Amazon shares are up approximately 79% year to date in 2023, outperforming the S&P 500. This reflects the company's strong fundamentals: → Amazon's third-quarter results beat Wall Street estimates, helped by growth in its cloud and advertising...