Daily Market Analysis By FXOpen

Palantir Technologies (PLTR) Shares Surpass $160 for the First Time


Shares of Palantir Technologies (PLTR), a company specialising in big data analytics software, have continued their impressive performance. Following an extraordinary rally of approximately 340% in 2024, the stock remains among the top performers in the equity market:

→ since the beginning of 2025, the share price has climbed by approximately 113%;
→ on Friday, PLTR set another all-time high, with the share price exceeding $160 for the first time.

What Is Driving Palantir Technologies (PLTR) Higher?
The bullish sentiment is underpinned by the following factors:
→ Major partnerships. Among the contracts are an agreement with the US Army to develop a command system, collaboration with Accenture Federal Services, and many others.
→ Positive analyst outlooks, highlighting Palantir’s unique growth model and high margins. Analysts at Piper Sandler have set a price target of $170 for PLTR, while Wedbush recently raised their target to $160.

In addition, investors are looking ahead with optimism to the upcoming quarterly report scheduled for 4 August, which is expected to reinforce Palantir’s leadership position in a market increasingly driven by AI technologies.

Technical Analysis of Palantir Technologies (PLTR) Chart


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Analytical NVDA Stock Forecasts from 2025 to 2030



NVIDIA (NVDA) has established itself as a cornerstone of the global tech sector, leading advancements in artificial intelligence, data center infrastructure, and high-performance computing. Given the company’s strategic positioning in high-growth sectors, NVDA stock has become a focal point for institutional and retail investors seeking long-term exposure to AI-driven infrastructure.

In this article, we examine the key drivers, sector trends, and risk factors that could influence NVIDIA’s future stock performance and provide analytical forecasts for NVDA stock through 2025, 2026, and extending to 2030.

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.

Nasdaq 100 Index Hits New Highs Ahead of Big Tech Earnings



Earlier, we noted signs of optimism in the Nasdaq 100 index (US Tech 100 mini on FXOpen) as the market anticipated earnings reports from major tech firms.
Now, companies such as Alphabet (GOOGL) and Tesla (TSLA) have already released their results (we previously covered their charts → here and here). Up next are the most highly anticipated earnings reports: this week, tech giants including Microsoft (MSFT), Amazon (AMZN), Meta Platforms (META), and Apple (AAPL) are set to publish their results. The combined market capitalisation of these four companies exceeds $11 trillion, and their reports could have a significant impact on a stock market that is already showing strong bullish sentiment:

→ The Nasdaq 100 index (US Tech 100 mini on FXOpen) has climbed to an all-time high, surpassing the 23,400 mark.
→ The signing of trade agreements between the US and Europe (and earlier, Japan) has eased concerns about the negative impact of tariff barriers.



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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.

US Dollar Index (DXY) Reaches One-Month High



The US Dollar Index (DXY) has risen to its highest level since early July. According to media reports, the bullish sentiment in the market is driven by the following factors:
→ Optimism around US trade agreements. A new trade deal with the EU — which includes a 15% tariff on European goods — is being perceived by the market as favourable for the United States.
→ Confidence in the resilience of the US economy. Strong Q2 corporate earnings have acted as an additional bullish catalyst. Investors may have started covering short positions against the dollar, viewing concerns over a US slowdown as overstated.
→ Expectations that the Federal Reserve will keep interest rates on hold.
From a technical standpoint, today’s DXY chart reflects strengthening bullish momentum.



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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.

Decoding the Smart Money Concept for Forex Trading


In the forex market, understanding the intentions of major market participants—such as banks, hedge funds, and other institutional players—may improve trading strategies. These entities, collectively known as "smart money," are responsible for driving large-scale price movements and creating the structural flow of the market.
The Smart Money Concept (SMC) is a price action-based trading methodology that seeks to identify the footprints of institutional activity. By analysing market structure shifts, liquidity zones, order blocks, and inducements, traders can position themselves alongside professional capital rather than against it.

In this FXOpen article, we break down the key components of SMC and discuss how traders can use this advanced framework to anticipate price direction, optimise trade entries, and improve overall risk management.

Smart Money Concept Explained
The Smart Money Concept (SMC) is based on the idea that tracking the activity of major institutional players—such as banks, hedge funds, and asset managers—can provide retail traders with critical insights into potential market direction and emerging trends.
These institutional investors, often referred to as “smart money,” include banks, hedge funds, and investment firms, wielding significant capital power to influence market directions. The core of SMC lies in the belief that by observing and understanding the trading behaviours and patterns of these entities, retail traders can align their trading strategies to potentially tap into more favourable results.

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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 Dips Further While USD/CHF Consolidates Gains


EUR/USD extended losses and traded below the 1.1600 support. USD/CHF is rising and might aim for a move toward the 0.8120 resistance.

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

 

1. The Euro struggled to clear the 1.1800 resistance and declined against the US Dollar.
2. There is a key downward channel forming with resistance at 1.1575 on the hourly chart of EUR/USD at FXOpen.
3. USD/CHF is showing positive signs above the 0.8040 resistance zone.
4. There is a connecting bullish trend line forming with support at 0.7990 on the hourly chart at FXOpen.

EUR/USD Technical Analysis

On the hourly chart of EUR/USD at FXOpen, the pair failed to clear the 1.1800 resistance. The Euro started a fresh decline below the 1.1720 support against the US Dollar.
The pair declined below the 1.1660 support and the 50-hour simple moving average. Finally, it tested the 1.1520 level. A low was formed at 1.1519 and the pair is now consolidating losses. The market is showing bearish signs, and the upsides might remain capped.
There was a minor increase toward the 23.6% Fib retracement level of the downward move from the 1.1770 swing high to the 1.1519 low. Immediate resistance on the upside is near the 1.1575 level.
There is also a key downward channel forming with resistance at 1.1575. The next major resistance is near the 1.1665 zone and the 50-hour simple moving average or the 50% Fib retracement level.

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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.

EUR/USD Hits Lowest Level Since Early July


As the EUR/USD chart indicates today, the euro has fallen below the 1.1550 mark against the US dollar, reaching the lows of June 2025. As a result, July may become the first month in 2025 to record a decline in the currency pair.

Why Is EUR/USD Declining?
There are two key factors driving the euro’s weakness relative to the US dollar:
→ Anticipation of the Federal Reserve Meeting. At 21:00 GMT+3 today, the Fed’s interest rate decision will be released. According to Forex Factory, analysts expect the Federal Funds Rate to remain unchanged at 4.25%-4.50%.
→ Market Reaction to the US-EU Trade Agreement. The trade deal signed last weekend between the United States and Europe is being critically assessed by market participants.
As noted in our Monday analysis, signs of a bearish takeover emerged on the chart following the agreement’s signing. Since then, EUR/USD has declined by approximately 1.3%. The question now is whether the downtrend will continue.


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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.

UnitedHealth (UNH) Shares Plunge Following Earnings Report


Yesterday, prior to the opening of the main trading session, UnitedHealth released its quarterly results along with forward guidance. As a result, UNH shares dropped by over 7%, signalling deep disappointment among market participants. According to media reports:
→ Earnings per share came in at $4.08, missing analysts’ expectations of $4.48.
→ Revenue guidance was set at $445.5–448 billion, falling short of the anticipated $449.07 billion.
→ Concerns were further fuelled by rising costs and declining profitability, which the company attributed to the continued impact of Medicare funding cuts.
Consequently, the UNH share price dropped to its lowest level of 2025, last seen on 15 May.


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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.

How Can FUD in Cryptocurrencies and Stocks Affect Your Trading?


FUD—fear, uncertainty, and doubt—shapes market sentiment, often leading to panic-driven sell-offs and volatility. Whether in stocks or crypto, FUD spreads through media, social platforms, and influential figures, sometimes distorting prices beyond fundamental value. This article explores “What does FUD mean in crypto and stocks?”, how it spreads, its psychological impact, and how traders assess whether fear is justified.

What Is FUD?
What does FUD mean in stocks and crypto? FUD stands for fear, uncertainty, and doubt and plays a significant role in financial markets. It refers to the spread of negative sentiment—whether intentional or not—that causes traders to hesitate, panic, or make decisions based on emotions rather than analysis. FUD can be natural and artificial and can come from a variety of sources, including media reports, social media discussions, regulatory updates, and influential investors voicing concerns.
In markets, FUD often leads to sell-offs, heightened volatility, and price fluctuations that don’t always reflect an asset’s true value. For example, if a major financial news outlet publishes a report suggesting a company is struggling, investors may rush to offload shares, pushing the price down. The same happens with digital assets when rumours of regulation, security flaws, or industry-wide collapses circulate.

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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.

Microsoft Stock (MSFT) Soars to Record High Following Strong Earnings Report


As the chart illustrates, Microsoft (MSFT) shares surged sharply after the close of the regular trading session – an immediate market reaction to the company’s strong quarterly results.
According to available data, MSFT's post-market price jumped to $555 per share, exceeding its previous all-time high by more than 8%.

Why Did MSFT Share Price Rise?
The quarterly report provided several reasons for optimism, including:
→ Earnings per share (EPS) came in at $3.65, beating analysts’ expectations of $3.37 by over 8%. Revenue also exceeded forecasts, totalling $76.4 billion versus the projected $73.9 billion.
→ Microsoft’s cloud revenue rose by 27% to $46.7 billion, while Azure’s annualised revenue exceeded $75 billion, driven by growing demand for AI-related services.
In response to these results, Barclays analysts quickly raised their price target for Microsoft shares from $550 to $625.


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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.

Amazon (AMZN) Shares Rise Ahead of Earnings Report


Today, 31 July, Amazon is set to release its quarterly earnings after the close of the regular trading session. Available data show that Amazon (AMZN) shares are exhibiting bullish momentum, reflecting positive market expectations:
→ In July, AMZN shares have outperformed the S&P 500 index (US SPX 500 mini on FXOpen);
→ Yesterday, following the end of the regular session, AMZN shares surged by approximately 3% in after-hours trading.
The rise in AMZN comes amid strong earnings reports from other tech giants, such as Microsoft (MSFT) and Meta Platforms (META). For example, MSFT shares rose by more than 8% in post-market trading. Their success has likely fuelled optimism that Amazon’s upcoming report will also impress.
All of this has brought noticeable changes to the technical outlook for the AMZN stock price.

Technical Analysis of the Amazon (AMZN) 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.

What Are Autoregressive Models, and How Can You Use Them in Trading?



Autoregressive (AR) models help traders analyse market movements by identifying statistical relationships in historical price data. These models assume that past values influence current prices, making them useful for spotting trends and price behaviour. This article explores “What is autoregression?”, how AR models function, their role in trading, and how traders apply them to market analysis.

What Is an Autoregressive Model?
Autoregressive (AR) models are statistical tools that can be used in numerous spheres, including market prices, weather, and traffic conditions. They analyse market movements by using past price data to understand current trends. The autoregressive definition refers to a model where each value in a time series depends on previous values plus an error term.
The number of previous values considered is called the “lag order,” denoted as AR(p), where ‘p’ represents the number of lags. In an autoregressive model example, an AR(1) model looks at just the previous value to estimate the current one, while an AR(3) model considers the last three. In trading, the key idea is that if historical prices show a consistent pattern—whether trending or reverting to a mean—an AR model can help identify that structure.

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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/CAD Rises to 2-Month High


Today, the USD/CAD exchange rate briefly exceeded the 1.3870 mark – the highest level seen this summer. In less than ten days, the US dollar has strengthened by over 2% against the Canadian dollar.

Why Is USD/CAD Rising?
Given that both the Federal Reserve and the Bank of Canada left interest rates unchanged on Wednesday (as expected), the primary driver behind the pair’s recent rally appears to be US President Donald Trump's decision to impose tariffs on several countries – including Canada:
→ Despite efforts by Prime Minister of Canada Mark Carney to reach an agreement with Trump, no deal was achieved;
→ Canadian goods exported to the US will now be subject to a 35% tariff;
→ The tariffs take effect from 1 August;
→ Goods compliant with the United States-Mexico-Canada Agreement (USMCA) are exempt.
Media analysts note that the tariffs are likely to increase pressure on the Canadian economy, as approximately 75% of the country's exports are destined for 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.

Apple (AAPL) Shares Jump Following Earnings Report


Yesterday, after the close of the regular trading session, Apple released its earnings report, which surpassed analysts’ expectations:
→ Earnings per share: actual = $1.57, forecast = $1.43;
→ Revenue: actual = $94.04 billion, forecast = $89.35 billion.

As a result, AAPL shares surged in the post-market, rising from $207.57 to $212.51.
Media Commentary:
→ The company reported a 13% year-on-year increase in iPhone sales.
→ However, according to Tim Cook, tariffs have already cost the company $800 million and this figure could exceed $1 billion in the next quarter.


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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.

What Is an Iceberg Order, and How Can You Use It for Trading?



An iceberg order is a type of execution strategy that hides the full size of a trade by revealing only small portions at a time. Used by institutions and large traders, it helps reduce market impact. Understanding how iceberg orders work, where they’re used, and their risks can help traders more accurately analyse market activity. This article breaks down everything you need to know about iceberg orders and their role in trading.

What Is an Iceberg Order?
An iceberg order is a type of order designed to execute large trades without revealing the full size to the market. Instead of placing one massive position that could disrupt prices, traders split it into smaller portions, with the rest hidden. As each portion gets filled, the next one is placed automatically until the full order is executed.
The key feature of this type of entry is that only a fraction—known as the display quantity—is visible in the order book at any given time. The rest remains hidden until it’s gradually revealed. This prevents other traders from immediately recognising the true size of the position, which helps avoid unnecessary market movements.
For example, if a trader wants to buy 50,000 shares of a stock, placing the full position in the market at once could cause prices to rise before execution is complete. Instead, they might set an iceberg order with a display size of 5,000 shares. Once the first 5,000 are bought, another 5,000 are automatically placed, repeating until the full 50,000 are executed.

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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.

US Dollar Index (DXY) Plummets Following Labour Market Data


The US Dollar Index (DXY) fell by approximately 1.4% on Friday after the release of disappointing US labour market figures. According to Forex Factory:
→ The unemployment rate rose from 4.1% to 4.2%;
→ The Nonfarm Employment Change figure came in at 73K, well below the forecast of 103K. This is the lowest level of job creation in the nonfarm sector in 2025 and is roughly half the previous month’s reading (prior to revisions).
→ Furthermore, revisions for May and June were significantly more severe than usual. The May figure was revised downward by 125,000 — from +144,000 to +19,000. Similarly, the June figure was revised down by 133,000 — from +147,000 to +14,000.

These results point to a weakening labour market, which increases the likelihood of a rate cut aimed at supporting economic growth. In turn, expectations of a Fed rate cut are acting as a bearish driver for the US dollar.



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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.

Meta Platforms (META) Shares Decline


Shares of the US tech giant Meta Platforms (META) hit a record high last week, climbing above $780 following the release of a strong earnings report:
→ Earnings per share (EPS) came in at $7.14, significantly exceeding the forecast of $5.88.
→ The company also outperformed expectations on key metrics related to advertising growth.
→ Additionally, the media has highlighted the growing importance of AI technology to Meta’s business.

However, shortly after reaching an all-time high, META shares began to show bearish momentum.


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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: 4 - 8 August


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:
— BoE Interest Rate Decision Markets expect a 25 bps rate cut from the Bank of England on 7 August, but GBP volatility may hinge more on the MPC vote split and policy tone. Inflation has eased but remains above target, keeping the BoE cautious. What factors can trigger volatility in GBP pairs?
— Unemployment Rate in Canada Canada’s jobs data due 8 August could sway rate cut expectations. Last month’s surprise drop in unemployment eased pressure on the Bank of Canada. Will the upcoming jobs report revive rate cut bets and weigh on the Canadian dollar?
— Corporate Earnings Statements This week’s earnings spotlight major tech and consumer firms. Key focus areas include AI adoption, data center growth, and consumer spending trends, with Palantir, AMD, Super Micro, Disney, and Shopify all in play. Which company’s earnings do you think will have the biggest market impact — and why?
— Trade Tensions Trade tensions remain a market risk, even without new Trump announcements this week. Reactions from major partners like India, the EU, China, and Canada could spark volatility.
Gain insights to strengthen your trading knowledge.

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Understanding Liquidity Sweeps: Definition, Mechanism, and Trading Applications


Gaining a solid understanding of key concepts such as liquidity is essential for refining trading strategies. This article delves into the concept of a liquidity sweep—a significant market event in which institutional participants influence price movements by activating clusters of pending orders—and explains how traders leverage this phenomenon for deeper trading insights.

Understanding Liquidity in Trading
In trading, liquidity refers to the ability to buy or sell assets quickly without causing significant price changes. This concept is essential as it determines the ease with which transactions can be completed. High liquidity means that there are sufficient buyers and sellers at any given time, which results in tighter spreads between the bid and ask prices and more efficient trading.

Liquidity is often visualised as the market's bloodstream, vital for its smooth and efficient operation. Financial assets rely on this seamless flow to ensure that trades can be executed rapidly and at particular prices. Various participants, including retail investors, institutions, and market makers, contribute to this ecosystem by providing the necessary volume of trades.
Liquidity is also dynamic and influenced by factors such as notable news and economic events, which can all affect how quickly assets can be bought or sold. For traders, understanding liquidity is crucial because it affects trading strategies, particularly in terms of entry and exit points in the markets.

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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 Analysis: Index Rebounds After Friday’s Decline



The release of disappointing US labour market data on Friday unsettled both stock market participants and the President of the United States:
→ Donald Trump promptly dismissed Erica McEntarfer, Commissioner of the Bureau of Labor Statistics, accusing her of falsifying employment data.
→ Stock indices accelerated their decline, with the Nasdaq 100 Index (US Tech 100 mini on FXOpen) falling below its 16 June low.
However, US stock indices staged a strong recovery on Monday. According to Reuters, yesterday marked the largest daily percentage gain since 27 May.

Why Did Stock Indices Rise?
Possible reasons include:
→ Buyers were attracted by the falling share prices of companies that, for the most part, had delivered strong quarterly earnings;
→ Market participants are betting on a potential rate cut by the Federal Reserve in September (a move strongly advocated by Trump), which could support both the economy and the stock market.



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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.