Daily Market Analysis By FXOpen

[FXOpen Trader]

Simple Trend Strategies


In trading, successfully navigating market trends can make all the difference. This article provides a deep dive into four simple yet effective strategies that show you how to trade with the trend. Regardless of your level of experience, these strategies offer actionable insights that can enhance your trading journey.

Understanding Trend Trading

Trend trading is a strategy that aims to capture gains by analysing an asset's movement in a particular direction. Traders use various methods like price action, moving averages and chart patterns to identify the trend, be it upward (bullish) or downward (bearish).

The core philosophy is "the trend is your friend," implying that it's generally more effective to move with the market trend rather than against it. Understanding the trend not only increases the chances of making successful trades but also minimises risk, as traders set up safeguards, like stop-loss orders, aligned with the trend's trajectory.

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[FXOpen Trader]

Apple (AAPL) share price slips towards psychological $200 level


Yesterday, Apple shares (AAPL) fell by 2.5%, edging closer to the key psychological threshold of $200. Moreover, the stock is underperforming the broader market, which reached new highs earlier this week — a move AAPL has yet to replicate.

Why is AAPL’s stock price declining?
According to media reports, investors may have grown concerned after OpenAI acquired a startup founded by Jony Ive, Apple’s former chief designer, for $6.5 billion.

The move is being interpreted as OpenAI’s first step toward launching a physical AI-powered device — one that could, eventually, pose a challenge to Apple’s hardware, even if not in the near term.



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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.

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How to Trade with a Momentum Indicator


The momentum oscillator (MOM) is a vital instrument in the trader's toolkit. Designed to measure the velocity of asset price changes, it serves as a compass for traders, pointing them towards prevailing market trends. By analysing this indicator, traders can gain insights that allow them to seize budding opportunities in volatile markets. Keep reading to broaden your understanding and elevate your momentum indicator strategies.

Momentum Technical Analysis

Momentum technical analysis is a crucial aspect of understanding the financial markets. Traders and investors rely on momentum tools to identify potential trends and make trading decisions.

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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

[FXOpen Trader]

USD/CAD Rate Drops Towards Yearly Lows


The USD/CAD chart is currently showing clear signs of a bearish trend, characterised by a sequence of lower highs and lower lows (A→B→C→D→E→F→G).

This week’s decline suggests the downward structure may continue to develop, putting the current yearly low around the 1.3770 level at risk.

Why Is USD/CAD Falling?
On one hand, the US dollar remains under pressure:

→ Following last week’s downgrade of US debt ratings by Moody’s, investor attention has shifted to the country’s $36 trillion debt burden.

→ A tax bill backed by Donald Trump — recently passed in the Republican-controlled House of Representatives — could add trillions more to the national debt. Market participants may be increasingly concerned about the US’s fiscal outlook, prompting a shift towards safe-haven assets.

On the other hand, the Canadian dollar has strengthened this week relative to other major currencies. Tuesday’s CPI figures from Canada came in above analysts’ expectations and may be seen as a sign that the inflation surge could delay any potential 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.

[FXOpen Trader]

Palantir Technologies (PLTR) Shares Pull Back from Another High


Shares in Palantir Technologies (PLTR), a company specialising in big data analytics software, have seen phenomenal growth in 2024, surging by approximately 340%, making it the top performer in the S&P 500 (US SPX 500 mini on FXOpen). This exceptional performance was driven by booming demand for artificial intelligence (AI) and machine learning technologies, which underpin Palantir’s products. The company has demonstrated steady growth in revenue and profitability, attracting major new clients across both the commercial and government sectors.

In 2025, PLTR remains among the market leaders, with its share price up roughly 60% year-to-date. In mid-May, it hit a fresh record high on the back of a strong fundamental backdrop. That backdrop was bolstered yesterday by news that the Pentagon had increased funding for its Maven Smart System programme — which involves deploying AI on the battlefield — to $1.3 billion through to 2029.

However, this news did not result in a new high. In fact, this week, PLTR stock have underperformed the broader stock market — and this may be explained by technical analysis.



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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.

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Countertrend Impulse Strategy


Countertrend trading is a well-respected way to trade. Combining it with the predictive power of impulse movements can help traders act on market reversals. This article delves into the components and practical application of this strategy, providing insights for any trader looking to enhance their trading skills.

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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.

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Market Analysis: GBP/USD Rallies While USD/CAD Declines Steadily


GBP/USD started a fresh increase above the 1.3520 zone. USD/CAD declined and now is consolidating below the 1.3800 level.

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

• The British Pound is eyeing more gains above the 1.3600 resistance.
• There is a key bullish trend line forming with support at 1.3540 on the hourly chart of GBP/USD at FXOpen.
• USD/CAD started a fresh decline after it failed to clear the 1.4000 resistance.
• There is a connecting bearish trend line with resistance at 1.3740 on the hourly chart at FXOpen.

GBP/USD Technical Analysis


On the hourly chart of GBP/USD at FXOpen, the pair formed a base above the 1.3350 level. The British Pound started a steady increase above the 1.3450 resistance zone against the US Dollar, as discussed in the previous analysis.

The pair gained strength above the 1.3500 level. The bulls even pushed the pair above the 1.3550 level and the 50-hour simple moving average. The pair tested the 1.3585 zone and is currently consolidating gains.

GBP/USD is stable above the 23.6% Fib retracement level of the upward move from the 1.3390 swing low to the 1.3586 high. There is also a key bullish trend line forming with support at 1.3540.

It seems like the bulls might aim for more gains. The RSI moved above the 60 level on the GBP/USD chart and the pair is now approaching a major hurdle at 1.3600.

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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.

[FXOpen Trader]

EUR/USD Hits Key Resistance Level


Although financial markets in both the US and the UK are closed for a public holiday today, Donald Trump is keeping traders on their toes. According to a fresh Reuters report, the US President has backed down from his threat to impose 50% tariffs on EU goods from 1 June, following a phone call from European Commission President Ursula von der Leyen, who urged him to allow time to “reach a mutually beneficial deal”.

This development has boosted the euro while weighing on the US dollar.

As today's EUR/USD chart shows, the euro has risen to its highest level against the dollar since early May. But can the upward trend 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.

[FXOpen Trader]

DAX Stock Index Rises Over 20% Year-to-Date


The German DAX 40 index (Germany 40 mini on FXOpen) is showing significantly stronger performance than other major global stock indices as of the end of May. For comparison, since the beginning of 2025:

→ The tech-heavy Nasdaq 100 has remained largely flat;
→ The S&P 500 is down by 1%;
→ Japan’s Nikkei 225 has fallen by approximately 4.5%.

Why Is Germany’s Stock Index Climbing?
The rally may be driven by a combination of factors, including:

→ An ambitious fiscal stimulus programme launched by the German government, featuring substantial public investment in defence and infrastructure development.

→ A dovish monetary policy stance from the European Central Bank (ECB) amid slowing inflation. Expectations of further interest rate cuts in 2025 have made equities more attractive than bonds, drawing capital into 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.

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Capitalising on Market Volatility


Market volatility, characterised by rapid price fluctuations, presents both opportunities and challenges for traders. Understanding its causes, measuring it effectively, and employing strategies to capitalise on it can lead to better trading results. This article explores the essentials of market volatility, from its definition and measurement to strategies like breakout and swing trading.

Definition and Causes of Market Volatility

When discussing volatility and its meaning in finance, it’s typically defined as the degree of variation in a trading price series over a certain period. It is an essential aspect of the financial markets that signifies the fluctuation in the price of an asset or market index. High volatility means that the price of the asset is moving significantly over a short time, while low volatility indicates smaller price changes.

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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

[FXOpen Trader]

Williams’ Strategies


In trading, Williams’ indicators stand out for their distinct approach to market analysis. Employed in many successful traders’ strategies, they can provide unique insights that help traders navigate the market with confidence. This article explores two key Williams’ strategies and provides insights into their applications, benefits, and potential challenges in the contemporary trading landscape.

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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.

[FXOpen Trader]

Market Analysis: AUD/USD and NZD/USD Face Pressure, Dip Again


AUD/USD declined below the 0.6500 and 0.6460 support levels. NZD/USD is also moving lower and might extend losses below 0.5935.

Important Takeaways for AUD/USD and NZD/USD Analysis Today

• The Aussie Dollar started a fresh decline from well above the 0.6500 level against the US Dollar.
• There is a connecting bearish trend line forming with resistance at 0.6460 on the hourly chart of AUD/USD at FXOpen.
• NZD/USD declined steadily from the 0.6000 resistance zone.
• There is a major bearish trend line forming 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 struggled to clear the 0.6520 zone. The Aussie Dollar started a fresh decline below the 0.6500 support against the US Dollar.

The pair even settled below 0.6460 and the 50-hour simple moving average. There was a clear move below 0.6450. A low was formed at 0.6435 and the pair is now consolidating.

On the upside, an immediate resistance is near the 0.6460 level and the 23.6% Fib retracement level of the downward move from the 0.6537 swing high to the 0.6435 low.

The next major resistance is near the 0.6485 zone or the 50% Fib retracement level of the downward move from the 0.6537 swing high to the 0.6435 low, above which the price could rise toward 0.6515.

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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.

[FXOpen Trader]

DELL Stock Price Analysis Ahead of Earnings Release


In addition to Nvidia’s (NVDA) quarterly report, this week financial market participants are also closely watching Dell Technologies’ (DELL) earnings release, scheduled for Thursday, 29 May, after the close of the trading session.

According to analysts cited by the media:
→ the company’s revenue is expected to come in at $23.18 billion (compared to $22.24 billion in the same period last year, and $23.9 billion in the previous quarter);
→ particular attention will be paid to Dell’s business segment focused on manufacturing servers for AI applications.

Notably, DELL’s price chart shares several similarities with the NVDA chart we analysed yesterday.



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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.

[FXOpen Trader]

GBP/USD Analysis: Price Searching for Support


In the second half of May, the British pound showed notable strength: from its 12 May low, GBP/USD climbed to a peak on 26 May — marking its highest level in over three years.

Demand for the pound has been driven by several factors:

→ A surge in inflation. CPI data released last Wednesday came in above expectations. As a result, market participants interpreted this as a reason for the Bank of England to remain cautious about cutting interest rates. Holding rates at elevated levels is generally considered bullish for the pound.

→ The pound’s relative resilience amid trade tensions, particularly following a newly signed agreement with the US, as well as strengthening trade ties between the UK and the EU.

Can the pound continue to rise? The GBP/USD chart offers reasons for doubt.



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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.

[FXOpen Trader]

Commodity Currencies Retreat from Highs Ahead of Fed Minutes Release


The AUD/USD and NZD/USD currency pairs are experiencing a corrective pullback after reaching medium-term highs earlier this week. This movement comes amid a broader reassessment of risk in anticipation of the release of the minutes from the latest Federal Reserve meeting. Investors and market participants are trimming positions in risk-sensitive assets, reacting to a mix of factors including monetary policy signals, geopolitical rhetoric, and tariff developments.

Additional pressure on commodity currencies was driven by today’s meeting of the Reserve Bank of New Zealand (RBNZ). As expected, the central bank cut its key interest rate, prompting further selling in the NZD/USD pair and fuelling speculation about potential further easing should global demand deteriorate.

The release of the FOMC minutes, scheduled for this evening, remains a key focus. Investors are looking for additional clues regarding the outlook for Federal Reserve policy easing in the second half of the year. In addition, Thursday’s US GDP data will be closely watched and may serve as a significant guide for short-term moves in the US dollar and commodity-linked currency crosses.

Technical Analysis of AUD/USD
The AUD/USD pair is trading near the 0.6450 mark, correcting from recent highs. Support appears to lie around the 0.6400 level, while today’s release of the Fed minutes could trigger increased volatility in the pair. Technical analysis of AUD/USD suggests a potential decline towards the 0.6400–0.6370 range, as a "doji" candlestick pattern has formed on the daily timeframe.



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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.