Daily Market Analysis By FXOpen

S&P 500 Index Hits 2025 Low Following Trump's Tariff Announcement



As shown on the S&P 500 Index (US SPX 500 mini on FXOpen) chart, the benchmark US stock index dropped below 5,450 points for the first time in 2025. This decline reflects the US stock market’s reaction to the tariffs imposed by the White House on international trade.

According to Reuters:
→ President Donald Trump announced a 10% tariff on most goods imported into the United States, with Asian countries being hit the hardest.
→ This move escalates the global trade war. "The consequences will be devastating for millions of people worldwide," said European Commission President Ursula von der Leyen, adding that the 27-member EU bloc is preparing to retaliate if negotiations with Washington fail.

Financial Markets’ Reaction to Trump’s Tariffs
→ Stock markets in Beijing and Tokyo fell to multi-month lows.
→ Gold hit a new all-time high, surpassing $3,160.
→ The US dollar weakened against other major currencies.
The S&P 500 Index (US SPX 500 mini on FXOpen) is now trading at levels last seen in September 2024, before Trump's election victory.
Investor sentiment appears to have turned bearish, with growing concerns over the impact of Trump's tariffs, as fears mount that they could slow down the US economy and fuel inflation.



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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). 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/CHF Falls to Its Lowest Level in Nearly Five Months



Today, the exchange rate of one US dollar against the Swiss franc dropped below 0.87000 francs—its lowest level since early November 2024.
Since the start of 2025, the USD/CHF pair has declined by more than 4%.

Why Is USD/CHF Falling Today?
On one hand, the US dollar is weakening against other currencies due to Trump’s decision to implement the previously announced tariffs on international trade, as mentioned in our previous post.
On the other hand, the Swiss franc is gaining strength due to its appeal as a safe-haven asset. Furthermore, this morning’s release of the Consumer Price Index (CPI) showed that inflation in Switzerland remains at zero, increasing the franc’s value at a time when tariff conflicts pose risks to the global economy.



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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). 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.

Analytical Tesla Stock Predictions for 2025 – 2030 and Beyond



Tesla has been at the forefront of the electric vehicle revolution, capturing the imagination of investors and the general public alike since the launch of the Roadster in 2008. From the debut of the Model S to the unveiling of the Cybertruck, Tesla has redefined what’s possible in the automotive world. But what’s next for this pioneering company? In this article, we delve into Tesla’s recent stock performance, assess its outlook for 2025, and offer detailed analytical forecasts through to 2030 and beyond.

Tesla: How It Started
Tesla was founded in 2003 by engineers Martin Eberhard and Marc Tarpenning, with the vision of creating electric vehicles that could rival traditional combustion-engine cars in performance and style. Elon Musk joined Tesla shortly after as a chief executive officer, leading a series of investments that would shape the company’s future.
Tesla’s first car, the Roadster, launched in 2008 and set the stage for what the brand would become—an innovator in high-performance electric vehicles. The Roadster could travel over 200 miles on a single charge, shattering public scepticism about EV capabilities and proving that electric cars could be fast, efficient, and practical.

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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). 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.

Market Analysis: Gold and WTI Crude Oil Crash As Trade War Escalates



Gold price started a fresh decline below $3,050. WTI Crude oil is down over 10% and remains at risk of more losses.
Important Takeaways for Gold and WTI Crude Oil Prices Analysis Today

1. Gold price climbed higher toward the $3,150 zone before there was a sharp decline against the US Dollar.
2. A key bearish trend line is forming with resistance near $3,068 on the hourly chart of gold at FXOpen.
3. WTI Crude oil prices extended downsides below the $65.00 support zone.
4. A major bearish trend line is forming with resistance near $60.70 on the hourly chart of XTI/USD at FXOpen.

Gold Price Technical Analysis

On the hourly chart of Gold at FXOpen, the price climbed above the $3,050 resistance. The price even spiked above $3,150 before the bears appeared.
A high was formed near $3,167 before there was a fresh decline. There was a move below the $3,100 support level. The bears even pushed the price below the $3,000 support and the 50-hour simple moving average.

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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). 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 drops to its lowest level since January 2024



According to the chart of the Nasdaq 100 (US Tech 100 mini on FXOpen), the index opened this week around the 16,500 mark – a price level last seen in early 2024.
This suggests that the sharp sell-off in equities seen last Thursday and Friday may well continue today.

Stock indices respond to Trump’s tariffs
Treasury Secretary Scott Bessent said on NBC News’ Meet the Press that there is “no reason” to expect a recession.
However, equity charts reflect market sentiment described by CNN Business’s Fear & Greed Index as “extreme fear”. This wave of negativity followed President Trump’s announcement on 2 April of harsher-than-expected international trade tariffs. In response, China and other nations announced retaliatory measures.
As a result, the Nasdaq 100 (US Tech 100 mini on FXOpen) now trades roughly 25% below its 2025 peak – officially entering bear market territory.




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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). 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.

NZD/USD Analysis: Exchange Rate Nears 2025 Low



Less than a month ago, we analysed the NZD/USD chart and:
→ highlighted the key resistance level at 0.5800;
→ outlined a potential scenario involving a decline from that zone.

Now, the NZD/USD pair is trading close to its lowest level of 2025, recorded on 3 February near 0.5525. The latest surge in volatility appears to be driven by President Trump’s widely discussed decision to impose substantial tariffs on trade with multiple countries.

For context, the Australian dollar has fallen to a five-year low amid concerns that retaliatory trade measures could trigger a global recession. The New Zealand dollar, however, has remained somewhat more stable — possibly because traders are anticipating Wednesday’s Reserve Bank of New Zealand (RBNZ) meeting, where the central bank may signal efforts to stabilise the currency. According to Forex Factory, a rate cut from 3.75% to 3.50% is expected.




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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). 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.

Market Insights with Gary Thomson: April 7 - 11


Market Insights with Gary Thomson: FOMC Minutes, US Inflation Rate, US PPI, Earnings Reports
In this video, we’ll explore the key economic events, market trends, and corporate news shaping the financial landscape. Get ready for expert insights into forex, commodities, and stocks to help you navigate the week ahead. Let’s dive in!

In this episode, we discuss:
- FOMC Meeting Minutes
- US Inflation Rate
- US Producer Price Index
- Corporate Earnings Statements

Don’t miss out—gain insights to stay ahead in your trading journey.

Watch YOUTUBE VIDEO

Watch it now and stay updated with FXOpen.

Don't miss out on this invaluable opportunity to sharpen your trading skills and make informed decisions.

Disclaimer: This video 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.

Analytical NVIDIA Stock Price Predictions for 2025-2030 and Beyond



NVIDIA has become a dominant force in technology, driving innovation in AI, data centres, and next-generation computing. Its stock has seen substantial growth, becoming a key player for investors to watch closely.
This article breaks down NVIDIA’s stock forecasts for 2025, 2026, and beyond, exploring its financial performance, market potential, and future opportunities in areas like autonomous vehicles and the Internet of Things (IoT). Discover what could shape NVIDIA’s future and its stock's potential trajectory.

NVIDIA’s Price History
NVIDIA’s stock price has undergone an extraordinary transformation since its early days, moving from a graphics pioneer to a tech powerhouse. Understanding its price history offers valuable insight into the key milestones that have shaped NVIDIA's rise in the market, from its early challenges to its recent dominance in AI and data centres. Let’s look at how NVIDIA’s stock has evolved over the years.

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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). 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.

Hang Seng Index Plunges by Around 13%




Hong Kong’s Hang Seng Index (Hong Kong 50 on FXOpen) tumbled by over 13% as trading resumed after the weekend with a sharp bearish gap.
According to media reports, this marked the biggest single-day drop since the 1997 Asian financial crisis.

Hang Seng Index Chart
In our analysis of the upward trend on the Hang Seng (Hong Kong 50 on FXOpen) chart a month ago, we noted that:
→ investor enthusiasm around artificial intelligence was still fuelling the rally;
→ however, the price appeared vulnerable to a correction.
We also highlighted that the outlook would largely depend on the fundamental backdrop, particularly the tariff standoff between China and the United States.




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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). 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.

Nike (NKE) Share Price Falls to Lowest Level Since 2017



The chart for Nike (NKE) shows that the share price has dropped to around $55 – levels last seen in November 2017.
Since the start of 2025, the stock has declined by approximately 27%.

Why Has Nike’s Share Price Dropped?
As noted in our analysis from September 2024, Nike shares had been trending downward for several months due to intense competition. However, President Trump’s tariffs have become the dominant bearish factor.
This is largely because Nike relies heavily on manufacturing operations in Asia – many of which have been directly affected by the newly imposed tariffs.

What’s Next?
According to the Wall Street Journal, manufacturers are taking a wait-and-see approach. They’re reluctant to shift production out of Asia, which could mean higher prices for American consumers. A full return to U.S. production is unlikely due to:
→ a shortage of skilled workers and suppliers;
→ significantly higher wages in the U.S. compared to Asia;
→ relocating production from Asia is a complex business migration, not just a factory move – a process many companies might not be prepared for.
Some firms are reducing their margins or optimising logistics, but most are hoping to weather the storm or delay major changes.



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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). 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.

Trading Strategies with Bollinger Bands



The Bollinger Bands indicator has emerged as a versatile tool used by traders to gain an edge in various markets, including forex. This article explores several relevant trading strategies that can help you navigate dynamic market conditions, offering insights into entry and exit points, risk management, and profit-taking opportunities.

What Is the Bollinger Bands Indicator?
The Bollinger Bands indicator is a volatility tool. Developed by John Bollinger, this indicator consists of three primary lines: a middle band, typically a 20-period Simple Moving Average (SMA), and an upper band and lower band, both of which are positioned at a standard deviation distance above and below the middle one. These lines dynamically adjust to market volatility, expanding during periods of heightened price movement and contracting during calmer phases.

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Disclaimer: 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.

Commodity Currencies Drop Under Pressure from Tariff Policy



Last week, the Trump administration announced the introduction of import tariffs on various countries, including 20% on the EU and 34% on China, further intensifying uncertainty in the currency markets. These measures continue a broader tariff policy aimed at protecting American manufacturers. As expected, the move contributed to increased volatility in major currency pairs such as EUR/USD, GBP/USD, USD/JPY, and others.

The White House's actions triggered sharp losses across equity and commodity markets, raising concerns among investors looking to minimise risks in an unstable environment. The imposition of tariffs has also had a notable impact on commodity-linked currencies, such as the Australian dollar, which is traditionally sensitive to shifts in global trade due to Australia's dependence on raw material exports.
Amid global economic instability, market participants are focusing on how these developments will affect the global economy and the performance of commodity currencies.

AUD/USD


News of retaliatory tariffs from China prompted a sharp fall in AUD/USD. The pair has lost over 200 pips since the start of this week and broke a key support level at 0.6900 yesterday. Should tensions escalate further, the pair may continue its decline toward the 2020 lows around 0.5790–0.5700. A corrective upward move following such a steep drop could reach the 0.6130–0.6090 zone.

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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). 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.

Market Analysis: EUR/USD Resumes Increase While USD/CHF Dives



EUR/USD started a fresh increase above the 1.0950 resistance. USD/CHF declined and is now struggling below the 0.8615 resistance.

Important Takeaways for EUR/USD and USD/CHF Analysis Today

 

1. The Euro started a decent upward move from the 1.0880 zone against the US Dollar.
2. There was a break above a key bearish trend line with resistance at 1.0955 on the hourly chart of EUR/USD at FXOpen.
3. USD/CHF declined below the 0.8675 and 0.8615 support levels.
4. There is a short-term bearish trend line forming with resistance near 0.8550 on the hourly chart at FXOpen.

EUR/USD Technical Analysis

On the hourly chart of EUR/USD at FXOpen, the pair started a fresh increase from the 1.0775 zone. The Euro cleared the 1.0950 resistance to move into a bullish zone against the US Dollar, as mentioned in the last analysis.

The bulls pushed the pair above the 50-hour simple moving average and 1.1000. Finally, the pair tested the 1.1150 resistance. A high was formed near 1.1146 before the pair corrected gains. It dipped below 1.1000 and tested 1.0880.

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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). 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.

Brent Crude Price Continues to Fall



Today, the price of Brent crude has dropped below $60 per barrel, marking its lowest level since March 2021. As shown on the XBR/USD chart, from the start of 2025, the price saw a rise of around 2.6% at the end of March 2025.
Why is oil falling?
The key driver is the escalation of the trade war. Yesterday, the US President announced the imposition of additional tariffs on trade with China, bringing the total to 104%.
The decline in Brent prices seems to reflect traders' concerns about the risks of a global recession.

Oil price forecasts for 2025 and 2026
Yesterday, analysts at Goldman Sachs released their oil price forecasts for Brent and WTI crude. They expect prices to reach $62 per barrel for Brent and $58 for WTI by December 2025. By December 2026, they anticipate a further decline to $55 and $51, respectively. However, analysts caveat that these forecasts are based on the assumption that the US will avoid a recession and that OPEC+ countries will increase their supplies.
In the event of a global economic slowdown, Brent prices could drop to $40 by the end of 2026.



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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). 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.

Defence Stocks Rise After Trump's Decision



As shown in the charts, despite predominantly bearish sentiment in the stock market yesterday — with the difference between the opening and closing price for the S&P 500 index (US SPX 500 mini on FXOpen) being down by 4% — defence company stocks showed growth.
According to the WSJ, Palantir Technologies shares rose by 8% to $84.05 on Tuesday, while General Dynamics and Boeing increased by 5% to $260.12 and $145.365 respectively. Northrop Grumman and Lockheed Martin gained about 4% each.

Why Did Lockheed Martin (LMT) Shares Rise?

This occurred after President Trump announced that the defence budget for the 2026 fiscal year would be around $1 trillion, and Defence Secretary Pete Hegset published his announcement about the budget on X (formerly Twitter).
The increase in the defence budget by approximately $50-100 billion contrasts with previous statements from US leadership in February, when:
→ Trump said that "we have no reason to spend almost a trillion dollars on the military";
→ Hegset suggested annually cutting the defence budget by 8% — or around $50 billion — over the next five years.
Such statements had been putting pressure on the price of LMT stock in 2025.



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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). 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.

Understanding the Global Financial Markets: Insights and Strategies



Why is finance interesting? It's the lifeblood of the global economy, affecting everything from individual well-being to the rise and fall of nations. This article delves into the intricate world of global financial markets, offering insights into their types, key players, market forces, strategies, regulations, challenges, and opportunities.

What Are Financial Markets?
Financial markets act as crucial platforms where buyers and sellers engage in the trade of assets such as stocks, bonds, currencies, and commodities. In discussing "What is a financial market?" the answer includes a wide range of exchanges and over-the-counter markets. Simply put, the financial market definition can be summarised as a marketplace for creating and exchanging financial assets.

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Disclaimer: 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.

European Currencies Test Recent Extremes Ahead of US Inflation Data



Against the backdrop of yesterday’s announcement of a 90-day pause on previously imposed tariffs by the Trump administration, volatility in the currency markets has sharply increased again. European currencies, such as the Swiss franc, euro, and pound, continue to test recent extremes, awaiting the release of inflation data from the US.

The events of this week are heightening uncertainty among investors, who are striving to adapt to new economic conditions. The introduction of the tariff pause came as an unexpected move, which temporarily eased tensions in the global markets. However, it remains unclear how this will affect the long-term prospects for currency pairs such as EUR/USD and GBP/USD.

In the face of instability, market participants continue to seek ways to minimise risks and protect their investments. Today's core consumer price index (CPI) data may provide further clues about the impact of Trump’s tariff policy on the US economy and, in general, on the currency markets.

EUR/USD
Last week, buyers of the EUR/USD pair managed to break through a series of key resistances at 1.1100–1.1000 and recorded the highest level of the year at 1.1145. Following news of tariffs being imposed on the European Union, the pair lost over 200 pips and tested an important range of 1.0900–1.0870. Yesterday, there was a resumption of the upward momentum, and the pair tested recent extremes again at 1.1100. Technical analysis of EUR/USD suggests potential strengthening of the pair towards 1.1145, provided it can settle above 1.1000. A drop below 1.0870 could lead to a retest of 1.0800.



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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). 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 Delays Tariffs for 90 Days. The S&P 500 Rebounds Sharply



As shown in the chart of the S&P 500 (US SPX 500 mini on FXOpen), the index is currently trading near the 5,500 level.
This result is highly encouraging, considering that as recently as yesterday morning, the index was hovering around 4,900.

Why Have Stocks Risen?
The strong rebound seen yesterday evening was triggered by a statement from the US President — he announced a 90-day delay in the implementation of wide-ranging global trade tariffs, which had originally been unveiled on 2 April and led to a sharp drop in the index (as indicated by the arrow).
However, this does not apply to China, for which tariffs were not delayed but increased. "Due to the lack of respect China has shown towards global markets, I am raising the tariff imposed on China by the United States of America to 125%, effective immediately," said Donald Trump, according to media reports.
Overall, US stock markets responded positively to the news, and Goldman Sachs economists have withdrawn their US recession forecasts.



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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). 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. a

Tesla (TSLA) Shares Jump Approximately 22% in a Single Day



Tesla was among the standout performers in the stock market rally that followed President Trump’s decision to delay, by 90 days, the implementation of new international trade tariffs — with the notable exception of China. According to the charts, Tesla (TSLA) shares surged by approximately 22%.

Why Did TSLA Shares Soar?
Some insight comes from Cathie Wood, CEO of asset management firm ARK Invest.
In an interview with Barron’s on Wednesday, she noted the following:
→ Tesla plans to launch a new, more affordable vehicle this quarter, likely priced at around $30,000 — roughly half the cost of the base Model Y.
→ The upcoming release of Tesla’s robotaxi service could also lower the need for large upfront vehicle purchases, offering consumers a more economical alternative.
→ Tesla sources more components from North America than most other US carmakers, meaning it is less exposed to tariff-related costs.
And there’s another reason TSLA may have jumped — one that can be found in the chart.




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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). 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.

Five of the Best Volume Indicators



Understanding volume and volume indicators is crucial for anyone looking to understand the financial markets. This article offers traders insights into the five of the best volume indicators, allowing them to gauge market trends, momentum, and potential reversals.

Understanding Volume and Volume Indicators in Trading
In trading, volume refers to the quantity of a financial instrument, such as shares or contracts, that are bought and sold within a specified time frame. Often displayed as a bar graph beneath the price chart, volume shows traders the strength or weakness of price movements. A surge in volume generally indicates strong interest, which can validate a trend, while low volume might signify a lack of conviction or impending reversal.

Volume indicators are computational tools designed to assess volume data. They work alongside traditional price indicators to offer a fuller understanding of market behaviour. They can help traders identify changes in momentum and shifts in market sentiment, acting as a secondary measure to confirm signals from price action.

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Disclaimer: 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.