Daily Market Analysis By FXOpen

[FXOpen Trader]

Dollar Corrects After Sharp Decline Ahead of Key Data


Major dollar pairs have shifted into a corrective rebound following the sharp sell-off seen last week. The current move is largely technical in nature, driven by profit-taking as markets await a heavy run of macroeconomic data due to be released over the coming trading sessions. Trading activity remains moderate, as participants prefer to scale back directional positions ahead of key data from the US and Canada that could provide a fresh impulse for the dollar.

Overall, the present dollar correction can be viewed as a short-term pullback after a strong move rather than a reversal of the broader trend. The next direction for USD/JPY and USD/CAD will largely depend on how the market responds to upcoming macroeconomic releases, which may either confirm the resilience of the recent dollar weakness or fuel a further recovery.

The bulls cleared the $5,000 barrier and the 50-hour simple moving average. There was also a move above the 50% Fib retracement level of the downward move from the $5,595 swing high to the $4,402 low. The RSI is now above 50, and the price could aim for more gains.



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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]

Nvidia (NVDA) Shares Fall to a Year-to-Date Low


As the Nvidia (NVDA) share price chart shows, the stock fell below $177 during yesterday's session, marking its lowest level since the start of 2026.

Negative market sentiment is largely driven by uncertainty surrounding supplies to China. According to the Financial Times, Nvidia's sales of H200 chips to China are still awaiting final approval from US authorities.

Yesterday's statement from AMD, noting that the scale of its own shipments to China remains uncertain, reinforced these concerns and added further pressure to Nvidia shares. Previously, NVDA had been supported by expectations that deliveries of H200 chips to Chinese partners would begin in early 2026.

In addition, some media reports suggest that the stock is facing extra pressure from news of delayed investment in OpenAI, which is reportedly exploring alternative suppliers.



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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]

What Are Inverse Fair Value Gaps (IFVGs) in Trading?


Price doesn't just move up or down — it also shows when control in the market changes. An Inverse Fair Value Gap (IFVG) appears when a previous imbalance no longer holds, signalling that buyers and sellers have switched roles, not simply paused. These zones highlight areas where the market has accepted a new price, rather than needing to return to an old one.

For traders who study momentum, market structure, and follow-through, IFVGs add useful context to price behaviour without relying on indicators. This article explains how IFVGs form, how they differ from standard Fair Value Gaps (FVGs), and how they are used in market 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.

[FXOpen Trader]

EUR/USD and GBP/USD Consolidate After Pullback From Yearly Highs


The euro and the pound have retreated after setting new yearly highs and are now trading near key levels, reflecting a wait-and-see stance as markets look ahead to major events in the coming sessions. Following a strong upward move over recent weeks, traders opted to lock in part of their profits, triggering a corrective pullback and a shift into consolidation. Additional caution is being driven by today's Bank of England meeting, the outcome of which could influence sterling and set the tone for European currencies ahead of more important US data releases.

Overall, EUR/USD and GBP/USD appear to be in a state of balance after a sharp rally. Today's Bank of England decision and tomorrow's US labour market reports are seen as key reference points for assessing the next directional move. A more measured stance from policymakers and weak or neutral employment data could support a resumption of the upward trend, while a more hawkish tone or strong US figures may increase pressure on the pairs and lead to a deeper correction from recent highs.



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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]

WTI Oil Prices Volatile Ahead of Potential Talks


As the XTI/USD chart shows, the price of a barrel rose above $65 yesterday, reacting to the risk of talks between Iran and the United States on the nuclear deal breaking down. These negotiations could begin on Friday.

According to Axios, Arab world leaders have urged Donald Trump not to follow through on his threats to withdraw from the talks and shift towards military action after demands put forward by Iran. This news prompted a pullback in prices below $64.

The news backdrop is further complicated by conflicting reports regarding India's refusal to purchase Russian oil, alongside other global factors. All of this is contributing to heightened volatility in the oil market, a trend also confirmed by the ATR indicator.



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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]

Oracle (ORCL) Shares Fall Below $150


The start of February has been negative for technology stocks, weighed down by a wave of pessimism driven by several factors, including:

→ "AI spending fatigue." Results from Microsoft and Alphabet highlighted massive capital expenditure (CapEx). Tens of billions of dollars are being poured into servers and chips, and the market appears increasingly concerned that these costs may not be justified by actual AI-related revenues.

→ The launch of new "agent-based" AI tools (such as those released by Anthropic in early February), which has fuelled fears that AI could begin to replace software itself rather than enhance it. This has put pressure across the software sector, including Salesforce, Adobe and Oracle.

For Oracle, the situation is further complicated by plans to finance a large-scale programme in 2026 worth $45–50bn, which the company intends to fund by: 1) taking on debt; 2) issuing additional shares.

As a result:
→ analysts have downgraded their target prices for ORCL;
→ the share price has fallen below $150 for the first time since May 2025.



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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]

Four 1-Minute Scalping Strategies: Ideas and Applications


Four Popular 1-Minute Scalping Strategies in 2026
Scalping on the 1-minute chart is about reacting to short bursts of order flow, momentum shifts, and volatility as they unfold in real time. Execution speed, clarity, and repeatable rules matter more than broad narratives or longer-term bias. This article looks at four 1-minute trading strategies that combine price behaviour with common technical tools, outlining how many traders structure entries, exits, and trade management when working on ultra-short timeframes.

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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]

Break of Structure Theory: Meaning and Use


Market structure gives traders a way to read price behaviour beyond indicators and short-term noise. One of the tools within Smart Money Concept analysis is the Break of Structure, a framework used to assess whether a trend is continuing or losing control.

Rather than focusing on individual candles, a BOS looks at swing points, closes, and context across timeframes to build a clearer directional picture. Used correctly, it may support market analysis and trade alignment. This article explores what a Break of Structure is, how it's identified, and how traders use it in practice.

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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]

Coinbase (COIN) Shares Plunged Alongside Bitcoin


While the leading cryptocurrency was trading above $125k in October 2025, it fell to around $60k yesterday. The decline accelerated sharply — a pattern typical of panic-driven markets where excessive leverage is widely used. According to Coinglass, roughly $2bn worth of long positions were liquidated across crypto exchanges over the past 24 hours.

Bitcoin's drop of more than 50% over five months has had a direct impact on Coinbase (COIN) shares, which slid below $150 for the first time since April 2025.



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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 Declines After Bank of England Decision


Yesterday's decision by the Bank of England came as a surprise to forex traders. While the Official Bank Rate was left unchanged at 3.75%, markets were caught off guard by the notably dovish signals regarding future policy.

According to media reports, four out of nine Monetary Policy Committee members voted for an immediate rate cut. This has brought forward expectations of easing by the Bank of England, making the pound less attractive to hold and triggering its weakness 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]

Market Analysis: AUD/USD And NZD/USD Build Momentum As Bulls Target Fresh Gains


AUD/USD started a fresh increase above 0.6980 and 0.7000. NZD/USD is also rising and might aim for more gains above 0.6060.

Important Takeaways for AUD USD and NZD USD Analysis Today
- The Aussie Dollar started a decent increase above 0.6950 against the US Dollar.
- There was a break above a key bearish trend line with resistance at 0.7000 on the hourly chart of AUD/USD at FXOpen.
- NZD/USD is consolidating gains above the 0.5995 pivot zone.
- There is a major bearish trend line forming with resistance at 0.6030 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 0.6900. The Aussie Dollar was able to clear 0.6950 to move into a positive zone against the US Dollar.

There was a close above 0.6980 and the 50-hour simple moving average. Besides, there was a break above a key bearish trend line with resistance at 0.7000. Finally, the pair tested 0.7035. A high was formed near 0.7037 and the pair recently started a consolidation phase.

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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]

MicroStrategy (MSTR) Shares Rebound After a Dramatic Sell-Off


Shares of Strategy Incorporated (MSTR) suffered a severe collapse, falling by more than 75% from their July 2025 highs to last Thursday's low. The main trigger was concern over the cryptocurrency market, as the company holds more than 700,000 coins on its balance sheet, with an average purchase price of around $76,000 per coin.

However, trading opened on Friday with a bullish gap, and MSTR surged by more than 20% during the session. Market sentiment shifted sharply due to two key factors:

→ Quarterly earnings release. Although earnings per share missed expectations, investors were reassured by statements from founder Michael Saylor and CEO Phong Le, who stressed that the decline in the price of the leading cryptocurrency does not threaten the company's financial stability. Management confirmed that, despite unrealised losses, the core business generates sufficient cash flow to service debt, and the accumulation strategy remains unchanged.

→ Recovery in cryptocurrency prices. After forming a low on Thursday, the BTC/USD rate rebounded, finding support near the psychological $60,000 level.



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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 Price Climbs Above $5,000 At the Start of the Week


As shown by today's XAU/USD chart, gold began the week on a bullish note: trading opened with a bullish gap above Friday's high, lifting the price above the psychological $5,000 level.

The strengthening of gold has been driven by the following factors (according to media reports):

→ The US dollar, which is weakening ahead of key US economic data. The January employment report is due on Wednesday (it is expected to show signs of stabilisation in the labour market), followed by inflation data on Friday.

→ Political developments in Japan. The decisive victory of Prime Minister Sanae Takaichi has reinforced expectations of large-scale fiscal stimulus ("Sanaenomics"), which traditionally puts pressure on the yen and supports gold.

→ Demand from central banks. It has been reported that China's central bank extended its gold purchases for the fifteenth consecutive month in January.



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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]

What Is a Change of Character (CHoCH) in Trading? Definition, Signals, and Examples


In Smart Money Concept (SMC) trading, recognising when market momentum shifts can mean the difference between catching a trend reversal and holding a losing position. The Change of Character (CHoCH) is a price action pattern that can signal these pivotal moments when the balance between buyers and sellers tips. Unlike continuation patterns that confirm ongoing momentum, a CHoCH alerts traders to prepare for directional changes.

This article explores how to identify CHoCH patterns on a chart, explains how they differ from similar concepts like Break of Structure and Market Structure Shift, and demonstrates their practical application through real trading 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]

USD/JPY Drops by More Than 1% At the Start of the Week


As the USD/JPY chart shows, the pair has been exhibiting bearish momentum since the beginning of the week. This move has been driven by a combination of factors:

→ Yen strength on political news. Prime Minister Sanae Takaichi secured a decisive victory in Sunday's snap election (8 February), winning a parliamentary majority. Although Takaichi has pledged large-scale fiscal stimulus of around ¥21 trillion, the prospect of increased money printing has not weakened the currency, as the market may (a) welcome political stability and (b) believe that the Bank of Japan will be forced to respond to inflation by raising interest rates.

→ US dollar weakness ahead of economic data releases. This reflects market sentiment ahead of labour market data due on Wednesday and the CPI report scheduled for Friday. In addition, the dollar's status has come under pressure after Chinese regulators reportedly recommended limiting investments in US Treasuries.



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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.