Daily Market Analysis By FXOpen

Buffett to Shareholders: “I’m Going Quiet”


Legendary investor Warren Buffett, the 95-year-old head of Berkshire Hathaway, has marked the end of an era by publishing what he called his “final letter” to shareholders on 10 November. The “Oracle of Omaha” announced that he is “going quiet”, bringing to a close his famous annual essays that have guided generations of investors for nearly six decades.

In this letter, Buffett:
→ noted that he will continue to communicate with shareholders through an “annual Thanksgiving message”;
→ announced a new $1.3 billion donation to four family foundations;
→ paid tribute to the late Charlie Munger and reflected on the “incredible luck” that has shaped his life.
Buffett also confirmed that his successor, Greg Abel, will formally assume the role of CEO by the end of 2025, expressing full confidence in the man who will oversee the legacy of one of the world’s greatest investors.


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The Shutdown Ends: How Will Gold Prices React?


According to Reuters, the U.S. Senate on Monday approved a compromise deal to bring an end to the longest government shutdown in the country’s history.
During the shutdown:
→ millions of Americans lost access to food assistance programmes;
→ hundreds of thousands of federal employees went without pay;
→ air travel was severely disrupted.
The uncertainty surrounding the potential continuation of the shutdown appears to have contributed to a breakout in the price of gold (as a traditional safe-haven asset) above its recent consolidation zone, marked by black lines on the chart.
However, further gains could be capped not only by fading risk aversion but also by a less obvious resistance level, which the XAU/USD rate has reached today.


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Spotting and Trading the Three Line Strike Candlestick Pattern


If you’ve ever studied candlestick patterns, you know they can reveal a lot about market sentiment. The Three Line Strike is one of those patterns that catches traders’ attention for its signals. The pattern can provide both reversal and continuation signals. In this article, we’ll break down what this pattern looks like, why it matters, and how you may use it in your trading plan.

Three Line Strike Pattern: An Overview
The Three Line Strike is a candlestick pattern used in technical analysis to trade trend continuations. However, it often appears ahead of trend reversals. The pattern consists of four candlesticks and can be found in up- and downtrends.

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What Is the Wyckoff Trading Method?



The Wyckoff method is a complex yet robust trading approach that supports traders when identifying market behaviour through price and volume patterns. Developed by Richard D. Wyckoff in the early 20th century, it may help traders determine repeated market trends and build entry and exit strategies. This article explores the key principles of the Wyckoff method, its market cycles framework, and schematics and provides examples of how they can be applied to modern Wyckoff trading strategies.

What Is the Wyckoff Method?
The Wyckoff method is a type of technical analysis developed in the early 20th century by Richard D. Wyckoff, a renowned stock market trader and analyst. The method is based on the belief that markets are driven by fundamental supply and demand forces and that these forces can be traded through repeatable patterns.

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Market Analysis: EUR/USD Rebounds Modestly While USD/JPY Targets More Gains


EUR/USD is climbing higher above 1.1520 and 1.1540. USD/JPY managed to reclaim 154.00 and might aim for more gains.

Important Takeaways for EUR/USD and USD/JPY Analysis Today
- The Euro started a decent increase above the 1.1520 pivot level.
- There is a key bullish trend line forming with support near 1.1570 on the hourly chart of EUR/USD at FXOpen.
- USD/JPY climbed higher above 153.50 and 154.00.
- There is a bullish trend line forming with support near 154.10 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 1.1500. The Euro cleared a few key hurdles near 1.1520 to move into a positive zone against the US Dollar.

The pair settled above 1.1550 and the 50-hour simple moving average. A high was formed at 1.1605 and the pair is now consolidating gains. There was a test of the 23.6% Fib retracement level of the upward move from the 1.1468 swing low to the 1.1605 high.

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Euro Strengthens Ahead of Inflation Data


The euro is edging higher after last week’s pullback, as buyers hold the price near key levels in anticipation of fresh inflation data. Market participants are cautiously rebuilding long positions in the single currency, hoping for confirmation that price pressures in the region are stabilising.
The US dollar remains under moderate pressure following the release of weak labour market data and amid the ongoing government shutdown, which heightens uncertainty surrounding budget negotiations. Nevertheless, the dollar’s fundamental position remains solid, supported by relatively robust business activity figures and expectations of fresh guidance from Federal Reserve officials.
Today, investors’ attention will be focused on the release of inflation indicators from Germany and speeches by representatives of the Federal Reserve and the European Central Bank, including Isabel Schnabel and Luis de Guindos. The euro’s further trajectory will depend on whether the market receives clear signals of a recovery in price pressures across the euro area.


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Musk Could Earn a Trillion: How Are Tesla (TSLA) Shares Reacting?


According to media reports, earlier this month Tesla shareholders approved a new 10-year compensation package for Elon Musk worth up to $1 trillion. But is this good or bad news for TSLA shares?
→ On the plus side, Musk is now firmly “tied” to the company and highly motivated to achieve extraordinary goals — such as reaching a market capitalisation of $8.5 trillion and launching mass production of Optimus robots.
→ On the downside, the price of this decision could be high. The targets appear almost fantastical, and their achievement would mean dilution of existing shareholders’ stakes through the issuance of new options.
As a result, Tesla’s share price has been fluctuating, reflecting market indecision and consolidating after the news. A closer look at the TSLA chart offers clues as to what may happen next.


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EUR/JPY Reaches Record High


As the chart shows, the pair climbed to a new all-time high of ¥179.80 per euro today.
The main driver has been the weakening of the Japanese yen, which continues amid fresh statements from government officials. According to Reuters:
→ Japanese Prime Minister Sanae Takaichi said her administration prefers to keep interest rates low and called for close coordination with the Bank of Japan — a factor contributing to yen weakness.
→ Meanwhile, Finance Minister Satsuki Katayama issued a verbal warning about the yen’s weakness, noting “one-sided and rapid moves” in the currency market. In theory, this should have supported the yen, but judging by today’s USD/JPY movements, the impact was limited.


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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 Fall to Key Support


In November, Meta Platforms (META) shares have shown bearish momentum following the company’s quarterly report, which included a one-off income tax expense of $15.93 billion (as previously noted).
Investor concerns have been further fuelled by the company’s plans to raise capital expenditure to $70–72 billion in 2025, aimed at expanding data centre infrastructure and acquiring AI chips. However, after a decline of more than 20% from the autumn peak, bulls may soon attempt a comeback.


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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 USD/CAD Forecasts in 2025 and Beyond


The USD/CAD exchange rate has seen sharp swings over the past two years, shaped by shifting interest rates, trade policy, and commodity prices. This article breaks down the major economic drivers behind the pair, recent performance trends, and analytical USD to CAD exchange rate forecasts for the years ahead.

Recent Performance of the USD/CAD Pair
Over the past several years, the USD/CAD exchange rate has experienced a variety of shifts, reflecting broader economic trends and specific events in both the United States and Canada. To see how the pair’s movements have unfolded over the years, you may consider heading over to FXOpen’s TickTrader platform to interact with live USD/CAD charts.

Throughout 2019, the USD/CAD exchange rate moved in a narrow range, fluctuating between 1.30 and 1.35. This period was marked by heightened trade tensions between the US and its key trading partners, primarily China, which had a ripple effect on the pair due to both the US and Canada's significant trade relationships.

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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.

Tesla (TSLA) Stock Predictions 2025–2030: What Analysts Expect


Tesla remains synonymous with innovation in both mobility and energy. As the EV market enters a new growth phase driven by regulatory support and consumer adoption, the company’s strategic execution will be central to its valuation path. This article provides analytical predictions for Tesla’s potential through 2030, focusing on innovation, operational efficiency, and macroeconomic variables influencing investor sentiment and stock performance.

Tesla: How It Started
Tesla was established in 2003 by engineers Martin Eberhard and Marc Tarpenning, driven by a vision to develop electric vehicles that could compete with conventional internal combustion cars in both performance and design. Shortly thereafter, Elon Musk joined the company, assuming the role of CEO and spearheading critical investment rounds that played a pivotal role in defining Tesla’s long-term strategic direction.

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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.

Pound Strengthens After Weak GDP Data as Markets Assess the Impact of the US Shutdown


The British pound posted a solid advance yesterday, despite UK GDP data coming in weaker than expected. The economy showed virtually no growth, underscoring persistent pressure on domestic demand and the manufacturing sector. However, the market appears to have used the release as an opportunity to cover short positions after a prolonged decline, which supported the pound in both major pairs.
Another factor behind the gains in GBP/JPY and GBP/USD may have been the end of the longest government shutdown in US history. The reopening of federal agencies removed some of the risks linked to delays in economic releases and uncertainty surrounding the budget process. Investors are assessing the consequences of the 43-day halt in US government operations, which has already shaved nearly 1.5 percentage points off GDP growth and created a significant gap in key macroeconomic data. Delayed employment and inflation reports are expected to begin appearing only by mid-November, and it will take longer for statistical accuracy to be fully restored.


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Natural Gas Prices Hover Near a Three-Year High


As the XNG/USD chart shows today, natural gas prices are trading close to the March peak, which is the highest level since December 2022.
According to Trading Economics, the rise in gas prices has been driven by several factors:
→ Despite short-term warming in the US, weather models point to colder conditions ahead.
→ LNG exports remain elevated, as European buyers continue seeking alternatives to Russian gas. In November, average shipments across the eight major US terminals reached 17.8 billion cubic feet per day, exceeding the previous record of 16.7 billion in October.
→ The International Energy Agency expects global demand for oil and gas to continue rising until 2050, reflecting uncertainties surrounding the pace of the energy transition.
At the same time, chart analysis suggests that the upside potential may be limited.


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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.

Coinbase (COIN) Shares Fall Amid Bitcoin Weakness


The Coinbase Global (COIN) chart shows that the cryptocurrency exchange’s share price has dropped below:
→ the psychological $300 level,
→ the previous November low.
Bearish sentiment is largely linked to Bitcoin slipping below a key psychological threshold — as noted earlier this week, the market has seen widespread selling by long-term holders of the leading cryptocurrency.
Meanwhile, the overall share price picture is increasingly concerning.


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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: AUD/USD and NZD/USD Hold Ground as Markets Watch Fresh Upside


AUD/USD started a fresh increase above 0.6500 and 0.6550. NZD/USD is also rising and might aim for more gains above 0.5700.

Important Takeaways for AUD USD and NZD USD Analysis Today
- The Aussie Dollar started a decent increase above 0.6500 against the US Dollar.
- There is a key bullish trend line forming with support at 0.6510 on the hourly chart of AUD/USD at FXOpen.
- NZD/USD is consolidating gains above the 0.5645 pivot level.
- There is a major bullish trend line forming with support at 0.5655 on the hourly chart of NZD/USD at FXOpen.

AUD/USD Technical Analysis

On the hourly chart of AUD/USD at FXOpen, the pair started a fresh increase from 0.6500. The Aussie Dollar was able to clear 0.6550 to move into a positive zone against the US Dollar.
There was a close above 0.6500 and the 50-hour simple moving average. Finally, the pair tested 0.6580. A high was formed near 0.6580 and the pair recently started a short-term downside correction. There was a minor decline below 0.6550.

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Ahead of Nvidia’s (NVDA) Earnings: How the Price Could Move


On Wednesday, after the close of the main US trading session, Nvidia will release its quarterly results — a report seen not merely as another batch of corporate data but as a crucial test for the entire AI-driven bull run.
NVDA shares are up more than 40% since the start of the year, and the company must now prove that this surge is justified and that the AI revolution is still accelerating. According to media reports, Wall Street analysts remain optimistic:
→ Revenue: forecast around $54.9bn, implying roughly 56% year-on-year growth.
→ Earnings per share (EPS): about $1.25 (previous quarter: $1.05).
What should investors focus on?
Of particular importance will be:
→ data on Data Centre revenue, a key indicator of whether the AI boom remains intact;
→ forward guidance, as the market is looking for reassurance that Big Tech will continue to spend heavily on AI.


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Gold Price Balanced Amid Heightened Uncertainty


As the XAU/USD chart shows, last week gold prices fell sharply, interrupting the previous upward trend. This decline was driven by two main factors:
→ End of the US government shutdown. This is believed to have reduced short-term economic risks and lessened demand for gold as a “safe-haven” asset.
→ Hawkish statements from Federal Reserve officials, which lowered market expectations for rate cuts. This pushed up US Treasury yields, traditionally putting downward pressure on non-yielding assets like gold.
This week, the market is awaiting a wave of delayed US economic reports that were postponed during the shutdown, including:
→ Labour market data (Non-Farm Payrolls)
→ Inflation data (CPI)
These releases are expected to give traders greater clarity on the future trajectory of Fed interest rates.


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Is There a More Expensive Currency Than the US Dollar?



The US dollar is considered the most traded and one of the best-known currencies in the world. However, not many know that it has serious competitors in terms of value. While it’s a well-known fact that the euro is more valuable than the dollar, is it the only currency that costs more than the USD?
Actually, there are other currencies that are worth more than the US dollar. In this FXOpen article, we will look at the dollar’s main competitors.

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Market Insights with Gary Thomson: Fed Rate Cut Chances, UK Markets, NVIDIA Earnings


In this video, we’ll explore the key economic events and market trends, shaping the financial landscape. Get ready for insights into financial markets 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:
— FOMC Meeting Minutes
— UK Inflation Rate
— UK Retail Sales
— Corporate Earnings Reports

Gain insights to strengthen your trading knowledge.

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Nasdaq 100 Under Pressure


As the chart shows, the Nasdaq 100 index (US Tech 100 mini on FXOpen) fell today (point 3) to its lowest level in a month, making it the weakest performer among the major US indices. The sell-off in the technology sector has been driven by a double blow:
→ A reassessment of expectations for the Federal Reserve’s next rate move. According to market observers, the probability of a Fed rate cut on 10 December continues to decline and now stands at 43%, compared with 62% a week earlier.
→ Growing scepticism about the valuations of companies linked to artificial intelligence. A Bank of America fund managers’ survey revealed heavy overcrowding in tech: 54% cited “long Magnificent 7” as the most crowded trade, while 45% viewed an AI bubble as the biggest tail risk.




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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.