Daily Market Analysis By FXOpen

EUR/USD Chart Analysis: Volatility May Return to the Market


As indicated by the Bollinger Bands width indicator, the EUR/USD market remained relatively subdued in February, with the indicator twice retreating towards its lower boundary.
However, price action over the past two sessions suggests renewed activity — the range formed between 11 and 17 February has been broken to the downside by sellers.

From a fundamental perspective, this move reflects a combination of factors, including:
→ Reports that European Central Bank President Christine Lagarde is planning to step down before the end of her term in October next year. This development is viewed as a bearish factor for the euro.
→ Minutes from the FOMC meeting showing that policymakers are in no rush to cut interest rates. Opinions were divided, with some members even open to raising the Fed rate if inflation proves persistent. The prospect of a tighter Federal Reserve stance is supportive 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.

European Currencies Decline Ahead of Key Data from Europe and the US



EUR/USD and GBP/USD extended their decline, revisiting recent extremes after last week’s corrective rebound. The recovery attempt was largely technical in nature and did not alter the broader structure of the move. Additional pressure on European currencies came from dollar strength following Wednesday’s release of the Federal Open Market Committee minutes, which signalled a cautious stance and offered no indication of imminent policy easing. This reinforced support for the US currency and triggered a fresh downward impulse in both EUR/USD and GBP/USD.

At present, the market’s focus has shifted to upcoming macroeconomic data from both Europe and the United States. These releases are likely to determine whether the current downward trend gathers further momentum or whether the pairs begin to establish medium-term support levels.

Overall, the euro and sterling remain under pressure after the recent correction faded and the dollar strengthened on the back of the minutes. Further direction will depend on incoming data: either the bearish trend will be confirmed, or the market will begin searching for more sustainable levels of stabilisation.



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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.

Silver Price Breaks February Resistance Line

As seen on the XAG/USD chart, silver has today breached the upper boundary of the descending channel formed by February’s lower highs and lows.
Bullish sentiment is supported by heightened geopolitical tensions and rising demand for safe-haven assets. According to media reports:
→ On Thursday, US President Donald Trump warned Iran that it must reach an agreement on its nuclear programme, or “really bad things” would happen, setting a 10–15 day deadline.
→ In response, Tehran threatened retaliatory strikes on US bases in the region if attacked.



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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 Flash Early Signs of Bullish Recovery



AUD/USD is attempting a fresh increase from 0.7015. NZD/USD is consolidating and could aim for a move above 0.6000 in the short term.

Important Takeaways for AUD/USD and NZD/USD Analysis Today
- The Aussie Dollar remained supported above 0.7000 and recovered losses against the US Dollar.
- There was a break above a key declining channel with resistance at 0.7070 on the hourly chart of AUD/USD at FXOpen.
- NZD/USD is consolidating above 0.5965 and 0.5950.
- There was a break above a declining channel with resistance at 0.5960 on the hourly chart of NZD/USD at FXOpen.

AUD/USD Technical Analysis



On the hourly chart of AUD/USD at FXOpen, the pair formed a base above 0.7000. The Aussie Dollar started a decent increase above 0.7035 against the US Dollar to enter a short-term positive zone.

There was a break above a key declining channel with resistance at 0.7070. The bulls even pushed the pair above the 61.8% Fib retracement level of the downward move from the 0.7147 swing high to the 0.7015 low 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.

USD/CAD Analysis Following Changes in US Tariff Policy


Currency markets opened on Monday with the US dollar under pressure, as traders assessed weekend developments related to US tariff policy. According to Reuters:

→ On Friday, the Supreme Court ruled that President Trump’s sweeping tariffs exceeded his authority.
→ In response, the US president criticised the court and introduced a blanket 15% import levy. Trump also insisted that higher-tariff agreements with trade partners should remain in force.

Against this backdrop, USD/CAD slipped below the 1.3660 level today. This comes despite the upward move observed since 11 February (marked by purple lines), which developed after Canadian inflation slowed from 2.7% to 2.4%. The weaker inflation data weighed on the Canadian dollar, as markets began pricing in the possibility of future interest rate cuts by the Bank of Canada.


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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 Rises to Highest Level Since Early February



As shown on the XAU/USD chart today, gold climbed above $5,170, reaching its highest level so far this month. The main bullish factors are:
→ US tariff uncertainty – after the Supreme Court struck down Trump’s tariffs on Friday, the US president reinstated them, initially at 10% and then announcing an increase to 15% on Saturday.
→ Heightened geopolitical tensions – media reports indicate that the US is prepared not only for targeted strikes against Iran but also for a longer military operation. The presence of two aircraft carrier groups in the region raises the risk of direct confrontation, traditionally boosting gold demand.
→ End of the Chinese holiday season – the People’s Bank of China, pursuing a reserve diversification strategy away from the US dollar, may continue purchasing physical gold.




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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.

Relative Strength Index (RSI): Trading Strategies, Settings, and Market Applications



RSI is a popular momentum indicator in technical trading across forex, stock, and cryptocurrency* markets. The Relative Strength Index (RSI) is a momentum oscillator developed by J. Welles Wilder that measures the speed of price movements on a 0–100 scale. Traders use it to detect overbought/oversold conditions, trend strength, pullbacks, and exhaustion.
Although often viewed as a basic oscillator, the RSI plays a more nuanced role in professional trading strategies, particularly when combined with trend and volatility indicators. Understanding how the RSI behaves in different market environments may help traders refine entries, implement risk management strategies, and confirm trade setups.

In this article, we will consider how the RSI indicator works, how it is calculated, and how it can be applied in practical trading strategies across multiple asset classes.

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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.

Why IBM Shares Plunged by More Than 13%



Yesterday, shares in IBM Corporation opened above $254 but closed below $224. By some estimates, this marked the company’s largest single-day decline in the past 25 years. Since the start of February, the stock has fallen by roughly 27%, its worst monthly performance since 1968.

Why Did IBM’s Share Price Drop?
The main trigger was an announcement by Anthropic about the launch of a new AI tool, Claude Code, designed to modernise legacy COBOL code.
This is particularly significant for IBM, as much of “Big Blue’s” business is tied to mainframes processing transactions for banks and government institutions in COBOL. Traditionally, upgrading such systems required “armies of consultants” and multi-billion-dollar budgets.

The new AI solution promises to automate this process, making it faster and more cost-effective. This not only poses a direct threat to IBM’s services and support revenues, but also reignites concerns that AI could reshape the entire technology sector, rendering established business models less sustainable.




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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.

Analysis of AUD/USD Ahead of Key Data Release


As the AUD/USD chart shows, the Australian dollar posted strong performance in January and February. Since the start of the year, the “Aussie” has gained nearly 6% against the US dollar.

Among the bullish drivers:
→ The policy stance of the Reserve Bank of Australia (RBA), which raised its cash rate to 3.85% in February 2026, while many other central banks are considering rate cuts.
→ A resilient labour market. Australia’s unemployment rate remains at 4.1%, giving the RBA room to keep interest rates elevated.
→ Commodity markets. High prices for gold, iron ore and energy exports continue to support Australia’s trade balance.
However, an important CPI report is due tomorrow. Inflation data could inject additional volatility into the market and test the strength of the Australian 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.

Analysts’ Tesla (TSLA) Price Predictions for 2026-2030 and Beyond



Tesla (TSLA) is one of the most closely watched growth stocks in the market. Analysts predict the stock could trade between $330 and $600 by the end of 2026, driven by its electric vehicle leadership and AI ambitions. Investors looking for a Tesla stock forecast for 2026–2030 are trying to assess whether the company’s AI ambitions and EV leadership can sustain long-term share price growth. While Tesla’s share price has experienced significant volatility, the company’s investments in artificial intelligence, autonomous driving, and energy storage continue to shape its long-term growth narrative.
In this article, we break down analysts’ Tesla price forecasts for 2026 to 2030, discuss key factors that are expected to influence the TSLA stock price direction, and go through the stock price history.

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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.

Euro Consolidates After the Impulse: Market Awaits Macro Data


The euro has moved into a phase of correction and consolidation ahead of key macroeconomic releases. In EUR/USD, a technical pullback is unfolding following the previous decline, while EUR/CAD continues a more extended corrective move within its medium-term structure. Market activity is easing as traders await important data from the euro area, the United States and Canada, which could determine the next directional move.
In the euro area, the focus is on Germany’s GDP figures, the GfK consumer climate index and business activity indicators. These releases will help assess the resilience of the region’s largest economy amid a slowdown in the manufacturing sector. Weak data would increase pressure on the euro, while more solid readings could support attempts at stabilisation.

In the United States, investors are monitoring developments in the mortgage market, upcoming comments from Federal Reserve officials and oil inventory data. Trade policy also remains a source of uncertainty. President Donald Trump announced the introduction of a temporary global tariff of 10% for 150 days, with the administration not ruling out a further increase to 15%. The postponement of harsher measures has slightly eased tensions, yet ongoing trade risks continue to influence currency markets, including the euro and commodity-linked currencies.


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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 Dollar Index (DXY) May Close February Higher


The second half of February has seen the dollar index strengthen, driven by a combination of bullish factors:

→ A hawkish Fed stance. Minutes from the latest FOMC meeting revealed differing views on rate cuts. With inflation remaining resilient, some members even left the door open to further tightening.
→ Rising tensions between the US and Iran, along with uncertainty surrounding trade tariffs, have boosted demand for the dollar as a safe-haven asset.
→ Recent data pointing to solid industrial output and labour market resilience have reinforced confidence in the strength of the US economy.

As a result, an upward trend line (shown in blue) has formed on the DXY chart, increasing the likelihood that the index will finish February in positive territory after three consecutive months of decline.


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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 Surge After High-Profile Deal With Meta Platforms


Yesterday, it was reported that Advanced Micro Devices (AMD) has expanded its collaboration with Meta Platforms. The companies struck an agreement under which:
→ Meta will purchase AMD equipment with a total capacity of 6 gigawatts for its AI infrastructure. Deliveries are scheduled to begin in the second half of 2026.
→ AMD’s portfolio could include around 160 million META shares, representing roughly 10% of the company.

The market interpreted the news as a signal that AMD is successfully establishing itself as the second major chip supplier to tech giants, challenging Nvidia’s monopoly (incidentally, the market leader is due to release its quarterly report today).
Following yesterday’s trading, AMD shares jumped more than 8%, closing near the highs on rising volume—a bullish sign. This partially offset the decline seen after the early-February earnings report, which was influenced by falling margins, supply chain issues, concerns over deliveries to China, and other factors.


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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/JPY and USD/CAD at Key Levels Awaiting News Catalysts


The dollar is trading mixed against the major currencies as investors await important macroeconomic releases and foreign policy signals. Market participants remain cautious ahead of upcoming US data, as well as potential statements following contacts between Washington and Beijing. The trade negotiations factor and the prospect of a meeting between Donald Trump and the Chinese leader remain in focus, as any signs of progress or escalation could influence demand for safe-haven assets and the dollar’s trajectory.

Upcoming macroeconomic releases and developments in the US–China trade agenda will be decisive: either the dollar maintains its advantage and continues to strengthen, or the market shifts into a deeper correction from current levels.




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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/JPY Pulls Back After a Period of Gains



As the USD/JPY chart shows, the pair posted solid bullish momentum in the second half of February. This move was driven by a combination of fundamental factors, including:
→ The appointment of two academics to the central bank’s board, both regarded as strong advocates of economic stimulus through a weaker yen and accommodative lending conditions.
→ Concerns over further interest rate hikes, voiced by Japanese Prime Minister Sanae Takaichi during a meeting with Bank of Japan Governor Kazuo Ueda.
Expectations of a softer yen led to renewed weakness in the currency (A→B), forming the upward trajectory highlighted in purple.
However, on Wednesday the pair retreated, which appears to be an interim pullback from point B. Technical analysis of the USD/JPY chart suggests that extending the move along the purple trajectory may prove challenging.




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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.

Nvidia (NVDA) Shares Surpass $200 in After-Hours Trading Following Earnings Report


Yesterday, the world’s most valuable company, Nvidia, released its quarterly earnings, which exceeded expectations:
→ Earnings per share: actual = $1.62 (forecast = $1.53);
→ Revenue: actual = $68.13 billion (forecast = $66.13 billion).

Sentiment was further supported by the chipmaker’s guidance for first-quarter revenue above market estimates, reflecting continued heavy spending by major technology companies on artificial intelligence processors.
As the Nvidia (NVDA) share price chart shows, the stock rose above the psychological $200 level in after-hours trading, but subsequently pulled back, which may point to excessive optimism and aggressive selling pressure.


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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.

Australian Stock Index ASX 200 Reaches Record High



As the chart of the ASX 200 index (Australia 200 on FXOpen) shows, today’s candle has moved above the 9,210 level, marking a fresh all-time high. Since the start of the year, the benchmark of Australian equities has gained more than 5.6%, supported by:
→ A strong earnings season. A significant number of companies not only exceeded analysts’ expectations but also upgraded their profit forecasts for the 2026 financial year.
→ Economic resilience. The unemployment rate remains low despite the Reserve Bank of Australia maintaining a firm policy stance.
→ Elevated prices for gold, uranium and copper, along with signs of a recovery in China’s economy, which have provided support to the mining sector.



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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.

WTI Oil Pulls Back from Its 2026 High



As the XTI/USD chart shows, the price of a barrel:
→ set fresh 2026 highs above $67 earlier this week;
→ but yesterday posted a sharp reversal lower (as indicated by the blue arrow).
The spike in volatility was driven by conflicting reports from Geneva, where talks between the United States and Iran were taking place:
→ some sources suggested negotiations had reached an impasse, as Washington insists on a complete halt to uranium enrichment;
→ meanwhile, according to Omani mediators, progress has been made and another round of talks is scheduled for next week.



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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.

Nvidia Stock Price Targets for 2026-2030: What Analysts Think



Nvidia (NVDA) is one of the most closely watched AI and semiconductor stocks in the market. Investors looking for a NVDA stock forecast for 2026–2030 are assessing whether the company’s leadership in AI chips, data-center GPUs, and accelerated computing can sustain long-term share price growth despite ongoing volatility.
In this article, we review analysts’ Nvidia target prices for 2026–2030, outline the key drivers likely to influence the NVDA stock prediction, and examine the stock’s historical performance.

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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 Weakens Again, EUR/GBP Shows Signs of Stability



GBP/USD failed to climb above 1.3575 and corrected some gains. EUR/GBP started a decent increase and might aim for more gains above 0.8800.
Important Takeaways for GBP/USD and EUR/GBP Analysis Today
- The British Pound is showing bearish signs below the 1.3500 support.
- There is a key bearish trend line forming with resistance near 1.3440 on the hourly chart of GBP/USD at FXOpen.
- EUR/GBP is gaining pace and trading above the 0.8750 pivot level.
- There is a connecting bullish trend line forming with support at 0.8755 on the hourly chart at FXOpen.

GBP/USD Technical Analysis
On the hourly chart of GBP/USD at FXOpen, the pair failed to stay above the 1.3535 pivot level. As a result, the British Pound started a fresh decline below 1.3500 against the US Dollar.
There was a clear move below 1.3485 and the 50-hour simple moving average. The bears pushed the pair below 1.3440. Finally, there was a spike toward the 1.3400 handle. A low was formed near 1.3400, and the pair is now consolidating losses.



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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.