Daily Market Analysis By FXOpen

[FXOpen Trader]

Market Insights with Gary Thomson: 21 - 25 July

Market Insights with Gary Thomson: RBA Minutes, BoJ Speech, ECB Decision, UK Sales, Earnings Reports

In this video, we'll explore the key economic events, market trends, and corporate news shaping the financial landscape. Get ready for expert insights into forex, commodities, and stocks to help you navigate the week ahead. Let's dive in!

In this episode of Market Insights, Gary Thomson unpacks the strategic implications of the week's most critical events driving global markets.

👉 Key topics covered in this episode:
— RBA Meeting Minutes
— BoJ Deputy Governor Uchida Speech
— ECB Interest Rate Decision & Press Conference
— UK Retail Sales
— Corporate Earnings Statements

Don't miss out—gain insights to stay ahead in your trading journey.




Watch it now and stay updated with FXOpen.

Don't miss out on this invaluable opportunity to sharpen your trading skills and make informed decisions.

Disclaimer: This video 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]

Analytical Tesla Stock Forecast 2025–2030


Tesla (TSLA) remains a dominant force in the electric vehicle (EV) sector, consistently pushing technological and market boundaries since the launch of the original Roadster in 2008. From the Model S to the Cybertruck, the company continues to set new industry benchmarks.

As we look ahead, the key question for investors is: what's next for TSLA stock? In this article, we review Tesla's recent market performance, assess its strategic positioning, and provide analytical forecasts for 2025 through 2030. Our outlook considers both macroeconomic indicators and company-specific catalysts that could influence Tesla's stock trajectory over the coming years.

Tesla: How It Started
Tesla was established in 2003 by engineers Martin Eberhard and Marc Tarpenning, driven by a vision to develop electric vehicles that could compete with conventional internal combustion cars in both performance and design. Shortly thereafter, Elon Musk joined the company, assuming the role of CEO and spearheading critical investment rounds that played a pivotal role in defining Tesla's long-term strategic direction.

#tesla #tsla

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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]

Alphabet (GOOGL) Stock Approaches $200 Ahead of Earnings Release


According to the Alphabet (GOOGL) stock chart, the share price rose by more than 2.5% yesterday. Notably:
→ the price reached its highest level since early February 2025;
→ the stock ranked among the top 10 performers in the S&P 500 by the end of the day.

The positive sentiment is driven by expectations surrounding the upcoming quarterly earnings report, scheduled for release tomorrow, 23 July.

What to Know Ahead of Alphabet's (GOOGL) Earnings Release
According to media reports, Wall Street analysts forecast Alphabet's Q2 revenue to grow by approximately 11% year-on-year, with expected earnings per share (EPS) of around $2.17 — up from $1.89 a year earlier. Notably, the company has consistently outperformed estimates for nine consecutive quarters, setting a positive tone ahead of the announcement.

Despite the optimism, investors are closely monitoring two key areas:
→ Cloud computing competition, where Google Cloud contends with Microsoft Azure and Amazon AWS;
→ Growing competition in the search sector, linked to the rise of AI-based platforms such as ChatGPT.

In response, Alphabet is significantly increasing its capital expenditure on AI infrastructure, planning to spend around $75 billion in 2025. These investments are aimed at both defending its core search business and advancing the Gemini AI model, while also strengthening Google Cloud's market position.



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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]

Natural Gas Price Drops by 7%


As the XNG/USD chart shows today, natural gas is trading around $3.333/MMBtu, although yesterday morning the price was approximately 7% higher.

According to Reuters, the decline in gas prices is driven by:

→ Record-high production levels. LSEG reported that average gas output in the Lower 48 rose to 107.2 billion cubic feet per day so far in July, surpassing the previous monthly record of 106.4 billion cubic feet per day set in June.
→ Favourable weather forecasts. Although the peak of summer heat is still anticipated, forecasts indicate that temperatures over the next two weeks may be lower than previously expected.

As a result, today's XNG/USD chart appears bearish.



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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 the Piercing Line Candlestick Pattern, and How Do Traders Use It?


The piercing line is a candlestick pattern that can help traders identify and trade upcoming bullish reversals. Although it's somewhat rare, when used in a broader analysis toolkit, it is a very valuable technical analysis tool. This article explores the piercing pattern, how it forms, and how traders implement it into their trading strategies.

What Is the Piercing Line Pattern?

The piercing line, also known as the piercing pattern, is a two-candle bullish reversal setup that appears during a downtrend. It's made up of:

- A strong bearish candle that shows heavy selling.
- A bullish candle that opens lower but then closes at least halfway up the body of the first candle.

That close above the midpoint is key. It indicates that, despite a gap down, buyers were able to recover well into the previous candle. The gap down traps sellers just before buyers step in aggressively. The second candle should have a solid body and close well into the previous range; the deeper it pushes into the bearish candle, the more momentum it shows.

#fxopen #fxopenint #fxopenblog

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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 & NZD/USD Climb as Dollar Weakens


AUD/USD started a decent increase above the 0.6520 level. NZD/USD is also rising and might aim for more gains above 0.6000.

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

• The Aussie Dollar rebounded after forming a base above the 0.6450 level against the US Dollar.
  
• There is a connecting bullish trend line forming with support at 0.6540 on the hourly chart of AUD/USD at FXOpen.
  
• NZD/USD is consolidating gains above the 0.5980 zone.
  
• There was a break above a major bearish trend line with resistance at 0.5980 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 the 0.6450 support. The Aussie Dollar was able to clear the 0.6500 resistance to move into a positive zone against the US Dollar.

There was a close above the 0.6550 resistance and the 50-hour simple moving average. Finally, the pair tested the 0.6565 zone. A high was formed near 0.6564 and the pair recently started a consolidation phase.

On the downside, initial support is near the 0.6540 level. There is also a connecting bullish trend line forming with support at 0.6540. It is close to the 23.6% Fib retracement level of the upward move from the 0.6454 swing low to the 0.6564 high.

The next major support is near the 0.6495 zone. If there is a downside break below it, the pair could extend its decline toward the 0.6480 level. It is close to the 76.4% Fib retracement 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]

Euro May Extend Gains; Yen Strengthens, but Market Reversal Risks Persist


The foreign exchange market remains under pressure from prevailing uncertainty, although corrective movements in major currency pairs appear to be nearing completion.

EUR/USD
The EUR/USD pair is trading above 1.1700, showing resilience following a pullback from local highs. The pair is supported by falling US Treasury yields and a broadly weaker US dollar. Tomorrow's releases of Germany and Eurozone Purchasing Managers' Indices (PMIs), along with the European Central Bank's interest rate decision, may determine the short-term trajectory and act as a catalyst for a new impulse. Key support remains at 1.1600.

Technical analysis of EUR/USD suggests a potential retest of recent highs around 1.1810, as a Tweezers formation has developed on the daily timeframe following a rebound from the 1.1550–1.1600 area. A firm break below the base of this pattern would invalidate the scenario of renewed upward momentum.



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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]

Nikkei 225 Index Surges Above 41,000 Points


As the chart indicates, the value of the Nikkei 225 stock index (Japan 225 on FXOpen) has risen above the 41,000-point level — its highest mark since July 2024.

The primary bullish driver is the conclusion of a trade agreement between the United States and Japan. According to media reports, the deal will involve Japan paying a 15% duty on exports to the US, down from the previous 25% tariff. Shares of automotive companies are among the top gainers on the Japanese stock market.

European stock indices have also risen, as EU officials are scheduled to visit Washington on Wednesday, raising hopes for a potential US-EU trade agreement.



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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]

XAU/USD Chart Analysis: Bulls Break Important Resistance


When analysing the XAU/USD chart last week, we:

→ noted that the ADX indicator had reached its lowest level since the beginning of 2025 – a clear sign of declining gold price volatility;
→ highlighted the formation of a large-scale triangle with its axis around the $3,333 level, bounded by a resistance line (marked in red) and the lower boundary of the ascending channel.

Since then, the price has climbed above $3,400 – reaching its highest level since mid-June. According to media reports, the uptick in demand may be driven by escalating geopolitical risks, renewed optimism regarding potential monetary policy easing in the US, and consistent gold buying from central banks.

This suggests that the balance has shifted in favour of the bulls, who have made an attempt to break through the resistance line – an attempt that, so far, appears promising and points towards a potential resumption of the upward trend.



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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]

Types of Risk in Trading and Risk Management Strategies


Trading in the financial markets brings multiple opportunities and involves certain risks. When a trader knows what can influence asset prices and how to deal with it, their results and overall performance are likely to be better. Employing effective risk management strategies, in addition to general awareness, will help reduce potential losses. This FXOpen article looks at the different types of risks and trading risk management strategies.

Types of Risk in Trading

Professional traders incorporate risk management techniques to keep losses from spiralling out of control. But before we move on to how to minimise risks, let's identify them. This section explores some major types of risks in trading.

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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 Pound Strengthens After Testing Key Support Levels, Retail Sales Data in Focus


The British currency continues its recovery following a test of key technical support levels. GBP/USD and GBP/CAD have risen amid moderate US dollar weakness and mixed Canadian macroeconomic data. Investor attention remains focused on upcoming economic indicators, which are due to be released over the next trading sessions. Today, the market is closely watching a batch of data from the US and Canada, including updated statistics on initial jobless claims, total continuing claims, and the Chicago Fed National Activity Index. On Friday morning, markets await the release of June retail sales figures from the UK. Against this backdrop, the pound remains highly sensitive to economic data and monetary policy signals. Should UK data prove neutral or stronger than expected, the current upward momentum may persist.

GBP/USD

Following a test of the key support range at 1.3370–1.3400, GBP/USD formed a bullish piercing line pattern. Technical analysis suggests the potential for further upside towards the 1.3610–1.3640 area. However, in the event of weak UK macroeconomic data, the pair may retreat towards 1.3480–1.3510.

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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 Shares (TSLA) Drop Following Earnings Report


Yesterday, after the close of the main trading session on the stock market, Tesla released its quarterly earnings report. While both earnings per share (EPS) and gross profit slightly exceeded analysts' expectations, the results reflected a negative trend driven by declining sales. This decline is being influenced by intensifying competition from Chinese EV manufacturers as well as Elon Musk's political activity.

According to Elon Musk:
→ The company is facing "a few tough quarters" due to the withdrawal of electric vehicle incentives in the US;
→ The more affordable Tesla model (mass production expected in the second half of 2025) will resemble the Model Y;
→ By the end of next year, Tesla's financials should become "highly compelling".

Tesla's share price (TSLA) fell by approximately 4.5% in after-hours trading, clearly reflecting the market's reaction to the report. Today, the stock is likely to open around the $317 level, down from over $330 just the day before.



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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 Rises to 2.5-Week High Ahead of ECB Meeting


Today at 15:15 GMT+3, the European Central Bank (ECB) will announce its interest rate decision, followed by a press conference at 15:45 GMT+3. According to Forex Factory, the main refinancing rate is expected to remain unchanged at 2.15% after seven consecutive cuts.

In anticipation of these events, the EUR/USD exchange rate has risen above the 1.1770 level for the first time since 7 July. Bullish sentiment is also being supported by expectations of a potential trade agreement between the United States and the European Union. According to Reuters, both sides are reportedly moving towards a deal that may include a 15% base tariff on EU goods entering the US, with certain exemptions.



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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]

Three of the Most Prominent Scalping Strategies in Forex


Scalping in the forex market is characterised by executing rapid and frequent trades within very short periods of time. This trading style requires fast decision-making, precise risk management, and keen market awareness to spot emerging opportunities. In this article, we describe some popular strategies in forex scalping and discuss their application.

The Scalping Method in Forex Trading

The core principle behind scalping is to make numerous small profits, exploiting short-term movements rather than waiting for significant price swings. When scalping, the focus is on very short timeframes and the strategies are designed on 1-, 5-, or 15-minute charts. Still, some traders start from longer-term charts to get the general context about the overall price direction and to identify support and resistance levels. Then, they switch to a shorter time frame chart to specify the actual strategy and determine entry/exit points.

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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 DAX Index Is Losing Its Bullish Momentum


At the end of May, we noted that the German stock index DAX 40 (Germany 40 mini on FXOpen) was exhibiting significantly stronger performance compared to other global equity indices. However, we also highlighted the 24,100 level as a strong resistance zone.

Two months have passed, and the chart now suggests that bearish signals are intensifying.



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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.