Daily Market Analysis By FXOpen

[FXOpen Trader]

Silver Price Surpasses $80 for the First Time. Why Could This Be a Bearish Sign?


As the XAG/USD chart shows, earlier this morning the price of one ounce of silver reached above $83 for the first time. However, this move was followed by an abnormally sharp reversal to the downside.

Why Did the Silver Price Fall?
On 24 December, we not only outlined the fundamental backdrop but also highlighted that the market was vulnerable to sharp price movements due to reduced liquidity during the holiday period.

Now, as the ATR indicator has surged sharply higher—confirming our assumption—it is worth examining the key chart details that point to emerging bearish signals.



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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]

The S&P 500 Index Trades Near Its All-Time High


As indicated by the S&P 500 index chart (US SPX 500 mini on FXOpen):

→ After breaking above the resistance line (shown in red) in the third week of December, the equity market formed an upward trend, consistent with the typical characteristics of the Santa Claus Rally.

→ At the opening of trading in the final week of the year, the market is showing downward momentum. The index has slipped towards the 6,920 area, reflecting the sentiment of remaining market participants ahead of key news releases: the FOMC meeting minutes on 30 December and US labour market data on 31 December.



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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]

10 Reversal Candlestick Patterns: Structure and Signals


There are many ways to spot a trend reversal, including momentum indicators, trend-following tools, and chart and candlestick patterns. Candle patterns, in particular, have been widely used by traders for decades due to their clear structure and well-defined signals, which have been tested and applied across various financial markets.

Depending on the data source, the total number of candlestick patterns ranges from 30 to more than 100, when niche formations are included. Since it may be challenging to remember and recognise all of them, we have selected 10 of the most popular reversal candlestick patterns that traders with any level of experience can implement in their trading strategies.

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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]

Liquidity Sweep in Trading: Basics, Components, and Application


Liquidity is one of the cornerstones of trading. There are many concepts around liquidity, such as liquidity zones, liquidity grabs, and liquidity sweeps. Being a part of the Smart Money Concept (SMC) framework, liquidity sweeps allow retail traders to track the footprint of institutional traders and analyse potential price movements.

In this article, we discuss the liquidity sweep concept and its components, analyse how market participants use it in trading, and consider real-market examples.

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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]

The US Dollar Consolidates in a Thin Market


The US dollar has entered a consolidation phase following last week's sharp decline. The pace of dollar weakness has slowed noticeably, while trading activity remains subdued amid the holiday period and limited market participation. Against the backdrop of low liquidity, the market is showing caution: new positions are being opened reluctantly, and price action in major currency pairs is increasingly driven by short-term flows and local impulses rather than by sustainable fundamental trends.

The fundamental backdrop remains mixed. On the one hand, the current week is relatively light in terms of major news, which in itself supports range-bound trading. On the other hand, today and tomorrow a series of US macroeconomic releases is due, including data on the housing market, business activity and retail sales, as well as reports from the energy sector. These releases may temporarily increase intraday volatility; however, in conditions of low liquidity, market reactions could be fragmented and not always consistent.



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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]

Tesla (TSLA) Shares Fail to Hold at an All-Time High


Yesterday, Tesla (TSLA) shares declined by more than 3%, with the following developments observed:
→ the session opened with a bearish gap;
→ the price fell nearly 8% from the all-time high recorded on 22 December;
→ the psychological $500 level has yet to be overcome.

The fundamental trigger for the decline was news that Tesla's South Korean battery supplier has significantly reduced the value of its contract. The market may have interpreted this as a signal of potential weakness in future vehicle sales.

In addition, the rally in TSLA shares since the beginning of December may have encouraged long-position holders to take profit.



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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]

US Dollar Index (DXY): Outlook for 2025–2026


The year 2025 delivered significant volatility spikes for the US Dollar Index (DXY).

A prime example is the April shock linked to the so-called "Liberation Day tariffs", which marked the most powerful blow to the US dollar on an annual basis. The introduction by Trump of new aggressive tariffs (including a universal 10% tariff) was perceived by the market not as protectionism, but as a threat of a global trade war and economic isolation. As a result, DXY plunged by approximately 2% in a single day and continued to decline over the following months.

Equally important was the shift in the Federal Reserve's policy stance and the launch of an interest rate cutting cycle. During the first half of 2025, the policy rate was held at 4.5%, but starting in September it was reduced three times, reaching 3.75%.



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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 and EUR/GBP Struggle Near Resistance, Caution Builds


GBP/USD failed to climb above 1.3500 and corrected some gains. EUR/GBP is declining and trading below the 0.8725 support zone.

Important Takeaways for GBP/USD and EUR/GBP Analysis Today
- The British Pound is showing bearish signs below 1.3500.
- There is a key bearish trend line forming with resistance near 1.3470 on the hourly chart of GBP/USD at FXOpen.
- EUR/GBP is declining and showing bearish signs below 0.8725.
- There is a connecting bearish trend line forming with resistance at 0.8705 on the hourly chart at FXOpen.

GBP/USD Technical Analysis


On the hourly chart of GBP/USD at FXOpen, the pair started a fresh decline after it failed to stay above 1.3500. The British Pound traded below 1.3460 to enter a short-term bearish zone against the US Dollar.

There was a clear move below 1.3435. The pair even settled below 1.3430 and the 50-hour simple moving average. A low was formed at 1.3414, and the pair is now consolidating losses. On the upside, the GBP/USD chart indicates that the pair is facing resistance near the 23.6% Fib retracement level of the downward move from the 1.3502 swing high to the 1.3414 low at 1.3435.

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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]

Gold Jumps After Events in Venezuela


At the market open on Monday, 5 January, gold price (XAU/USD) formed a bullish gap. The sharp rise was driven by market reaction to confirmed reports of U.S. military intervention in Venezuela and a forced change of power in Caracas.

News of the capture of Nicolás Maduro by U.S. special forces pushed gold prices up to $4,430 during the European session, and the upward trend may persist into the U.S. trading session. The chart indicates rising demand for safe-haven assets, as market participants may be concerned about further escalation.



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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]

XTI/USD Chart Analysis: Oil Price Volatility on the Rise


Events in Venezuela over the weekend have led to a sharp increase in oil price volatility following the market open. As the chart shows, during the European session the ATR indicator rose to levels last seen before the start of the Christmas period.

It is possible that the opening of US trading could further increase price swings, with the trend potentially developing in either direction:

- Bearish scenario: if American companies gain access to Venezuela's oil reserves (both in the ground and in storage facilities), this could lead to an increase in supply on the global market.

- Bullish scenario: risks include reactions from China, OPEC+, as well as the possibility of a guerrilla warfare scenario and other difficult-to-predict developments.



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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 Hits 14-Week High


As the GBP/USD chart shows, the pound rose above 1.3560 today — its highest level since September 2025.

The pound's strength may be driven by expectations of a tighter monetary policy from the Bank of England in 2026, which seems reasonable given that inflation has remained above 3% since April 2025.

At the same time, market participants may be concerned about the implications of US actions in Venezuela, prompting a shift of capital into other currencies and contributing to dollar weakness.



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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]

S&P 500 Shows Indecision Near All-Time High


As the S&P 500 chart (US SPX 500 mini on FXOpen) shows, this morning the price approached yesterday's high at A, but then sharply reversed downward (indicated by the arrow), forming a lower low at B.

This resembles a Double Top pattern, which can be interpreted as market indecision near the all-time high. Traders are weighing risks and opportunities that depend on US actions in Venezuela:

- Bullish factor: access to the country's resources could act as a growth driver for the US economy. Yesterday, financials and energy sectors were the strongest performers.
- Bearish factor: related to geopolitical risks and the potential involvement of the US in a protracted conflict.



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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]

Intel (INTC) Shares Surge Following Chip Unveiling


Intel (INTC) shares jumped above $44.30 yesterday, marking a 21-month high. The rally was driven by news from CES 2026, where the company unveiled its new Core Ultra Series 3 processors (codenamed Panther Lake). These are Intel's first consumer chips manufactured using the advanced Intel 18A process technology.

Market participants interpreted the announcement as evidence that Intel's ambitious turnaround strategy to restore its technological leadership is gaining traction. The launch of the 18A node suggests that Intel is once again capable of competing with TSMC on the leading edge of semiconductor manufacturing.

According to media reports, several analysts have raised their price targets for INTC shares, as the new technology opens up the prospect for Intel to secure contract manufacturing orders from major players such as Nvidia and Apple.



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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]

AUD/USD Is Under Bearish Pressure


As indicated by the AUD/USD chart, the Australian dollar has fallen below the 0.6680 level today, with the decline from Wednesday's high (A) exceeding 1.1%.

Key bearish drivers include:

→ Declining inflation expectations. Data released on Wednesday showed a sharp slowdown in Australian inflation to 3.4%. This has removed the likelihood of a February rate hike by the Reserve Bank of Australia, which had previously maintained a hawkish stance.

→ Uncertainty surrounding China. The economy of Australia's main trading partner is failing to deliver the expected strong growth, with today's PMI data coming in mixed. This raises doubts about Chinese demand for Australian commodities and weighs on the AUD, which is often viewed as a proxy for the Chinese economy.

→ NFP-related risk aversion. Ahead of today's US labour market report, investors are shifting into risk-reduction mode and increasing demand for so-called safe-haven US dollars amid concerns over potential negative surprises.



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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 De-Risking Ahead of the US Employment Report: Euro and Pound Under Pressure


European currencies have retreated from local highs amid a decline in risk appetite and ahead of the release of key US labour market data. Market participants are opting to reduce exposure before the publication of the employment report, which could set the direction for the US dollar and adjust expectations regarding the Federal Reserve's next policy steps. As major players return following a period of reduced liquidity, the market is becoming more sensitive to fundamental drivers, while caution is increasing ahead of the release of high-impact statistics.

Overall, the market remains in a wait-and-see phase, characterised by restraint and a strong focus on upcoming US macroeconomic data. The employment report may become a key reference point, capable of shaping future risk allocation and setting the tone for movements in both the dollar and European currencies.



TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG

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.