Daily Market Analysis By FXOpen

Market Analysis: EUR/USD Rebounds Cautiously, USD/CHF Coils for Next Move


EUR/USD is attempting a recovery wave from the 1.1500 zone. USD/CHF climbed higher above 0.8050 and might correct some gains.

Important Takeaways for EUR/USD and USD/CHF Analysis Today
- The Euro declined toward 1.1500 before it started a recovery wave against the US Dollar.
- There was a break above a major bearish trend line with resistance at 1.1530 on the hourly chart of EUR/USD at FXOpen.
- USD/CHF climbed higher above 0.8050 and 0.8080 before it faced hurdles.
- There was a break below a bullish trend line with support at 0.8085 on the hourly chart at FXOpen.

EUR/USD Technical Analysis

On the hourly chart of EUR/USD at FXOpen, the pair extended the decline below 1.1550. The Euro even declined below 1.1520 before the bulls appeared against the US Dollar.
The pair tested 1.1490 and recently started a recovery wave. There was a move above 1.1520 and 1.1550. The pair climbed above the 50% Fib retracement level of the downward move from the 1.1653 swing high to the 1.1491 low.

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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.

AMD Shares Fall Despite Strong News



It emerged this week that the US government, together with Advanced Micro Devices (AMD), has launched the “Mission Genesis” initiative aimed at boosting national computing power through advanced supercomputing. The project is expected not only to significantly expand federal computational capacity but also to increase AMD’s revenue.
Nevertheless, AMD was among yesterday’s weakest performers. Market sentiment has been dampened by concerns over intensifying competition from Google. According to media reports:
→ Google’s TPU (Tensor Processing Unit) chips show strong potential for AI training.
→ Meta Platforms is already in talks to invest billions in Google’s chips for use in its data centres from 2027.
A decline of around 20% in AMD’s share price since the start of the month is worrying, yet the chart analysis offers some encouragement for the bulls.




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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.

Is the Silver Price Preparing to Challenge Its Record High?


The United States is celebrating Thanksgiving, meaning trading activity across financial markets will be lower than usual today (and to some extent tomorrow). Yesterday, we noted a decline in volatility in the gold market.
Against this backdrop, the silver market is drawing attention – and may not allow traders to relax. As the XAG/USD chart shows, silver has risen by more than 7% since the start of the week.
It is reasonable to assume that the holiday-induced drop in liquidity has opened the door to broader price movements. It is not impossible that we may soon see an attempt to break the all-time high (around $54.45 per ounce), which as of this morning lies roughly 1% away.


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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.

Eli Lilly (LLY) Shares Have Surged by Around 30% in November


The price action of Eli Lilly and Company (LLY), the world’s largest pharmaceutical firm, reflects exceptionally strong demand:
→ since the start of the month, LLY shares have risen by roughly 30%;
→ in late November, the company’s market capitalisation exceeded $1 trillion, making Eli Lilly the first pharmaceutical firm in history to reach this level.
Why are Eli Lilly (LLY) Shares Rising?
A key driver has been the strong earnings report published on 30 October.
→ Earnings per share came in far above expectations ($7.02 versus $5.69).
→ Sales of diabetes treatment Mounjaro and obesity drug Zepbound surpassed $10 billion for the quarter.
→ On the back of this success, management raised its revenue outlook, and market participants now expect an even stronger fourth quarter.
At the same time, the chart is signalling that the extraordinary rally may be running out of steam.


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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.

The USD/JPY Currency Pair Has Stabilised Around the 156.300 Level


The ATR indicator is sitting near its lowest readings and is trending downward. This may reflect not only reduced trading activity over the Thanksgiving period in the US, but also uncertainty among currency traders who are weighing the many factors influencing USD/JPY at the moment.
On one hand, the US dollar is being pressured by expectations of a Federal Reserve rate cut, with Fed officials delivering notably dovish comments this week.
On the other hand, the yen’s valuation is being shaped by:
→ the economic stimulus package from Prime Minister Sanae Takaichi;
→ expectations of Bank of Japan intervention to support the weakening yen;
→ geopolitical tensions between China and Japan.


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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.

The Canadian Dollar Strengthened Sharply After Unexpected GDP Data



Statistics Canada reported on Friday that real GDP grew by 2.6% year-on-year in the third quarter of 2025, which means:
→ a significant beat compared with analysts’ expectations of just 0.5% year-on-year growth;
→ Canada avoided a technical recession (two consecutive quarters of contraction) following a 1.8% decline in the previous quarter.
The release triggered a strong rally in the Canadian dollar, as markets may have concluded that the Bank of Canada has less need to support the economy with additional liquidity, making the loonie more attractive to hold.
On the other hand, the unexpected GDP rise may partly be a statistical artefact linked to calculation methodology and the impact of tariffs introduced into global trade by the Trump administration. It is possible that GDP grew due to falling imports — meaning that even with strong headline numbers, the underlying economy may remain fragile.



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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 Extend Uptrend as Market Sentiment Turns Bullish


AUD/USD started a fresh increase above 0.6500 and 0.6520. NZD/USD is also rising and might aim for more gains above 0.5750.

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 short-term contracting triangle forming with support at 0.6540 on the hourly chart of AUD/USD at FXOpen.
- NZD/USD is consolidating gains above the 0.5700 handle.
- There is a major bullish trend line forming with support at 0.5730 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 0.6420. The Aussie Dollar was able to clear 0.6500 to move into a positive zone against the US Dollar.

There was a close above 0.6520 and the 50-hour simple moving average. Finally, the pair tested 0.6560. A high was formed near 0.6559 and the pair recently started a short-term downside correction. There was a minor decline below 0.6550.
On the downside, initial support is near a short-term contracting triangle at 0.6540 and the 50-hour simple moving average. The next area of interest could be 0.6520. If there is a downside break below 0.6520, the pair could extend its decline toward the 0.6490 zone and the 50% Fib retracement level of the upward move from the 0.6421 swing low to the 0.6559 high.


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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.

XBR/USD Chart Analysis: Geopolitics Are Once Again Driving Brent Crude Prices


On 21 November, we outlined a descending channel on the XBR/USD chart and noted that the bearish trend had been fuelled by easing geopolitical risks and hopes for an end to the war in Ukraine.
Ten days later, Brent crude is now trading above its late-November highs — once again driven by geopolitical developments.

Why is Oil Rising?
US President Donald Trump stated that the airspace over and around Venezuela “should be considered completely closed”. This immediately led to flight cancellations, created a de facto blockade, and raised the threat of military action in an oil-rich region. This risk premium is being priced into the current rally.
In addition, OPEC+ members have confirmed they will postpone the production increases planned for early 2026 — setting the stage for a potential supply deficit, especially if Venezuelan exports are disrupted.




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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.

Santa Rally or Santa Crash? What History Says About December Volatility?



Every year, traders wait for the “Santa Rally” — the seasonal jump in stocks during the last week of December and the first two trading days of January. But history shows that December isn’t always a calm or bullish month. While the S&P 500 has posted a Santa Rally in about 70% of the past 25 years, several Decembers have still ended in the red, including notable declines in 2002, 2018, and 2022.

Seasonality matters, but macro conditions often dominate. A firm Federal Reserve stance, year-end tax-loss selling, and thin holiday liquidity can all turn December into a more volatile period.

So what could this December bring — a Santa Rally or a Santa Crash? The market may offer gifts, but history reminds us that risk management is the one thing traders can rely on.

Watch on YOUTUBE

#financialmarkets #financenews #financeshorts #S&P500 #stockmarket #santarally

Euro and Pound Rally Slows: Focus Turns to EU and UK Data



European currencies opened the week under pressure after last week’s upward momentum failed to extend further. EUR/USD and GBP/USD had been strengthening for several consecutive days, supported by soft US inflation data, which reduced expectations of a more aggressive Federal Reserve stance. However, both pairs encountered significant resistance zones and were unable to break through them, prompting profit-taking and a move lower.
Market attention is now firmly on upcoming macroeconomic releases from Europe and the UK. For the euro, key indicators will include business activity data, German consumer inflation figures, and industry sentiment surveys. Persistently weak inflation or further deterioration in economic indicators could place additional short-term pressure on the single currency.

The pound also remains sensitive to the data due out this week, with traders watching UK PMIs and retail sales reports. Despite last week’s corrective rebound, GBP/USD failed to establish itself above key resistance levels, signalling investor caution ahead of major publications.




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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.

S&P 500 Index: Early December Chart Analysis



December is traditionally a favourable month for the S&P 500 (US SPX 500 mini on FXOpen):
→ Since the 1950s, December has ended higher in over 70% of years.
→ Average monthly gain is around +1.0%.
Will the index rise in 2025? Much depends on the Federal Reserve meeting on 10 December, as well as other factors, including geopolitical developments. Interest is also piqued by an upcoming statement from Trump at the White House (today, 22:00 GMT+3), though the topic remains undisclosed.



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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.

Strategy (MSTR) Shows Signs of Hope After Dramatic Drop



The share price of Strategy Incorporated (MSTR), led by Michael Saylor, a well-known Bitcoin advocate, has plunged catastrophically, losing over 65% from its July highs.

While Bitcoin itself has declined by only around 30–35% from its autumn peaks, MSTR shares fell roughly twice as much. This may be linked to Saylor’s strategy of heavily buying Bitcoin on borrowed funds – a tactic that amplified gains when crypto prices rose but intensified losses as BTC/USD fell, placing extra pressure on the company’s market capitalisation and creating risks for MSTR shareholders.
Reports indicate that major funds, including BlackRock, Vanguard, and Fidelity, sold significant holdings of MSTR shares in Q3, and JPMorgan has warned that MSTR could be removed from the Nasdaq 100.

Yesterday, the price dropped to its lowest level since last autumn. However, the chart offers tentative hope for bulls. The candle is notable because, although the price fell below $160, it closed above $170, showing that the decline did not fully 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.

Market Analysis: GBP/USD Maintains Upward Bias, EUR/GBP Gains Strength


GBP/USD is showing bullish signs above the 1.3180 zone. EUR/GBP is gaining pace and might extend its upward move above 0.8800.

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

- The British Pound is gaining pace above 1.3200 against the US Dollar.
- There is a declining channel forming with support at 1.3180 on the hourly chart of GBP/USD at FXOpen.
- EUR/GBP started a fresh increase above 0.8765 and 0.8775.
- There is a major bearish trend line forming with resistance at 0.8800 on the hourly chart at FXOpen.

GBP/USD Technical Analysis

On the hourly chart of GBP/USD at FXOpen, the pair remained in a positive zone above 1.3080. The British Pound formed a base and started a fresh increase against the US Dollar, as mentioned in the previous analysis.

The pair gained pace for a move above 1.3130 and 1.3180. The pair even settled above 1.3200 and the 50-hour simple moving average. A high was formed at 1.3275 before there was a downside correction.
The pair dipped below the 23.6% Fib retracement level of the upward move from the 1.3038 swing low to the 1.3275 high. However, the bulls are active above 1.3180. There is also a declining channel forming with support at 1.3180.

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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.

Intel (INTC) Shares Trade Above $40


Earlier, we highlighted the factors that helped Intel (INTC) shares recover strongly in 2025, including support from the U.S. government, leadership changes, investment from Japanese conglomerate SoftBank Group, and more.

According to recent reports, Intel could gain a major new client in Apple (AAPL). Yahoo Finance cites analyst Ming-Chi Kuo, who stated on X that Intel’s prospects have “improved significantly.” Intel may begin producing chips for Apple as early as 2027, potentially reducing reliance on Taiwan’s TSMC.

Although there are no official confirmations, sentiment on the market is positive. Since the start of last week, INTC shares have risen by over 20%, reaching their highest level since spring 2024, breaking past the psychological $40 mark.


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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.

Natural Gas Price Nears Three-Year High in Early December



In mid-November, analysing the XNG/USD chart, we noted a rise in natural gas prices, outlined a system of trend channels, and suggested a possible pullback scenario.
Indeed, since then (as indicated by the arrow), U.S. gas prices retreated to the lower boundary of the orange ascending channel, forming a low at point B. From late November, renewed buying activity has been observed, driven by:
→ Seasonal factor: U.S. forecasts for December indicate below-average temperatures, sharply increasing demand for heating and electricity.
→ Export and geopolitics: The U.S. is exporting record volumes of liquefied natural gas (LNG). Europe continues to purchase U.S. gas to replace Russian supplies, while demand in Asia is also rising.
→ Anticipation of shortages: Due to high exports and early cold weather, traders are factoring in the risk that storage levels may deplete faster than usual.



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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 Pair Reaches 1.5-Month High


This morning, the EUR/USD rate moved above 1.1680 during early trading — its highest level since mid-October. The main driver behind the rise is traders’ assessment of the diverging policies of central banks. Based on the fundamental outlook ahead of the December meetings:
→ The market is almost certain that the Federal Reserve will cut rates in December under pressure from the Trump administration, making the dollar appear less profitable and less attractive.
→ The ECB, by contrast, has adopted a wait-and-see stance. Inflation in the Eurozone is close to target, and there seems to be no intention to cut rates aggressively for now.


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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.

Dollar under Pressure after ADP as Investors Brace for Key Data Releases



The US dollar continues to retreat following weaker-than-expected ADP figures, which strengthened expectations of a softer Federal Reserve stance. The US private sector created far fewer jobs than forecast, a development markets interpreted as a sign of potential labour-market cooling after the prolonged shutdown and break in official data releases. Against this backdrop, traders increased their bets on a more dovish tone from the Fed in the coming weeks.
Attention now turns to an incoming batch of macroeconomic reports from the US and Canada. These include US weekly jobless claims and fresh Canadian labour-market data. The releases may play a crucial role in shaping expectations ahead of the Fed’s next meeting: softer numbers would reinforce speculation about an imminent rate cut, while moderately firm data could lend support to the dollar and help stabilise it.



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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.

NIO Shares Drop Below $5


As the chart shows, the share price of NIO Inc. (NIO), the Chinese manufacturer of “smart” electric vehicles, has fallen by roughly 30% over the past month and this week slipped below $5 for the first time since mid-August.

Among the bearish drivers:
→ the latest quarterly report revealed gross revenue below analysts’ expectations ($3.06bn versus $3.11bn);
→ a cautious outlook for vehicle deliveries in the upcoming quarter.
Market sentiment appears to have turned wary, given that:
→ the Chinese economy continues to show signs of slowing despite government stimulus;
→ NIO’s revenue prospects may remain constrained by intense competition from BYD, XPeng and Li Auto — a particularly concerning factor as NIO launches new models and sub-brands.
Even so, the NIO share chart does offer some glimmers of optimism.



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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.

Gold Price Analysis: Market Awaits Key Updates



The ADX indicator on the 4-hour XAU/USD chart has dropped to a multi-month low, signalling the absence of a clear trend.
At the same time, a technical assessment of price movements allows for the construction of a symmetrical triangle pattern with a central axis around $4,205 — indicating that the current price reflects an equal balance of major drivers, including:
→ Weakening conditions in the US labour market. According to media reports, ADP recorded an unexpected decline of 32,000 private-sector jobs, while Challenger reported 71,000 layoffs in November, bringing the total number of job cuts since the start of the year close to 1.17 million.
→ Rumours that White House economic adviser Kevin Hassett may replace Federal Reserve Chair Jerome Powell in May — a development that has strengthened expectations of more aggressive policy easing in 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.

Market Analysis: Gold Price Retreats Modestly, Oil Price Gains Traction



Gold price rallied above $4,250 before correcting lower. Crude oil price is recovering and it could climb further higher toward $62.00.

Important Takeaways for Gold and Oil Prices Analysis Today
- Gold price gained pace for a move above $4,250 and recently corrected lower against the US Dollar.
- A key bullish trend line is forming with support at $4,195 on the hourly chart of gold at FXOpen.
- Crude oil prices are moving higher above the $59.00 resistance zone.
- There is a connecting bullish trend line forming with support at $59.40 on the hourly chart of XTI/USD at FXOpen.

Gold Price Technical Analysis

On the hourly chart of Gold at FXOpen, the price was able to climb above $4,120, as mentioned in the previous analysis. The price even surpassed $4,250 before the bears appeared.
The price traded close to $4,260 before there was a downside correction. There was a move below $4,240 and $4,220. The price settled below the 50-hour simple moving average, and RSI dipped below 50. There was a move below the 50% Fib retracement level of the upward move from the $4,175 swing low to the $4,260 high.

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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.