market analysis

According to Alex Kuptsikevich, a senior analyst of FxPro, last week, we said that there has not yet been a final capitulation in many markets. However, we have seen such a capitulation in the pound, which is often followed by global market reversals. We could see both the interest of long-term...

According to Alex Kuptsikevich, a senior analyst of FxPro, Bitcoin is down 4.1% over the past week, ending near $18,900. Ethereum lost 5.8% to $1290. Other leading altcoins in the top 10 showed mixed dynamics, ranging from a 3.7% decline (Cardano) to a 27% increase (XRP). Total crypto market...

Global markets remain shaky as investors turned cautious over U.S. House of Representatives Speaker Nancy Pelosi’s trip to Taiwan. This is the first visit by a US House Speaker to Taiwan since 1997. Pelosi landed in Taipei late on Tuesday, and she held a meeting with the president of Taiwan...

The British pound is trying to return to levels above 1.2000. The pressure on the pound intensified on Monday evening, along with the reduced demand for risk assets after the US market. Today the pound will have to fight new headwinds in the form of local macroeconomic statistics on the UK...

Dear Forum Members! Here you can find Daily Market Analysis of Forex, Cryptocurrency, Indexes, Metals, Oil and others. We hope that this information will be helpful for your trading. Best Regards FXOpen Team

General analysis USDJPY for 16.05.2022 Current Dynamics Japan's current account surplus decreased by 22.3%. Net profit of Japanese companies from the top list of the Tokyo Stock Exchange increased by 35.6% by the result of the year. Bank of Japan does not plan to change its monetary policy...

Is the stock sell-off all about Russia and Ukraine? The current geopolitical threat is casting a psychological shadow over the markets and becoming an excuse for investors to resist taking on more risks, despite lower prices almost across the board. Wall Street is contending with the...

The road to higher Treasury yields finally appears to be clearing up as the Fed edges closer to ending emergency pandemic policies. This is certainly good news to the greenback. After being stagnant for months, 10-year Treasury yields broke through the top of a range held since mid-July...

The Fed said that it will “soon” start tapering its asset purchases, with Powell indicating that it could start in November and end in mid-2022. Powell also reiterated that the central bank will most likely wait until the end of the tapering process before raising interest rates. The FOMC voted...

Currency traders are watching this week’s US unemployment rate for cues on the greenback’s path after it retreated from a two-month high against the yen. The currency pair declined as better-than-expected US core PCE inflation data for April failed to push Treasury yields higher. USD/JPY’s...

Market analysis by Fibo Group analysts

Analyzing multiple pairs with one common currency will give you a huge advantage over using technical indicators on individual pairs. In this video you will learn how to analyze one currency for strength or weakness to give you a reliable technique to analyze any pair or prepare a trading plan...

Our forex market analysis spreadsheet is a professional tool which allows traders or currency managers to analyze individual currencies. You can determine which currencies are strong or weak to assist with trend analysis and preparing trading plans for 28 pairs and 8 currencies. Here is more...

With China’s Q1 GDP forecast within government range and RBA meeting minutes to reiterate central bank’s wait stance, AUD/USD could rise higher. This week will be a short week, with major financial markets closing on Friday for the start of Easter holidays. We usually see a burst of activity...

On the daily chart of the USDCAD we can see that the pair has been in a bearish channel since late June. Every time the pair tried to rally, the upper boundary of the channel kept the price to the downside. Now the USDCAD is at the 1.3000 level, which could act as support. Below the 1.3000...

Day Trading Central Bank Speeches This post is designed to show you that trading in line with central banks doesn’t always mean that you have to take big long term positions and hold them for weeks and months at a time. The video here is a classic example of how to do this. And Nick very kindly...

Our trade call is to sell Cable. Key themes from last week included a beat on US CPI and a rebound in global equities despite failure of oil-producing nations to agree on output controls. There was no crucial economic data out during the Asian session. The Aussie rallied as iron ore and copper...

There is no trade call or tier one data due out during the London session. However we do have the Eurogroup meetings taking place so be on the lookout for any potential news or comments that could affect the market. We will also see the latest Swiss CPI figures. Watch the weekly risk events...

There is no trade call for the session, however we will look to upcoming data for any potential opportunities. Current Market Sentiment: Early in yesterday's NY session we saw the ECB's rate announcement which contained no surprises. As expected there was no change to any of the key interest...

There is no trade call as we still assess sentiment for the new week. Trading is expected to be light during NY session due to the recent US holiday. Current Market Sentiment The main event for the Asian session was GDP from China which marginally missed estimates at 1.6% for Q4 2015...