Daily Market Analysis By FXOpen

[FXOpen Trader]

Gold Price Falls to a 10-Day Low


As today's XAU/USD chart shows, the price of gold has dropped below the lows of 12 February, marking its weakest level in ten days. According to media reports, several factors are weighing on bullion:

→ Easing geopolitical tensions. Safe-haven demand has diminished amid US–Iran and Russia–Ukraine negotiations.
→ Slowing US inflation. This may be prompting traders to reassess expectations for Federal Reserve policy in 2026.
→ The holiday effect. With Presidents' Day in the US and Lunar New Year celebrations in Asia, trading volumes have declined. In such thin market conditions, prices can become more vulnerable to speculation and abrupt moves.



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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/JPY Falls to a Year-to-Date Low


As the GBP/JPY chart shows, the pound has dropped below the 12 February low against the Japanese yen, marking its weakest level since the beginning of 2026. The pair last traded beneath the 207.500 mark in mid-December 2025.

→ The yen's strength is supported by expectations that economic stimulus measures introduced by Prime Minister Sanae Takaichi, in coordination with the Bank of Japan, will underpin the national currency. Barclays forecasts further appreciation of the yen.

→ Sterling weakened today following reports that UK unemployment reached a five-year high in December, while wage growth slowed. This may reinforce arguments in favour of additional interest rate cuts by the Bank of England.



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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]

Inside Bar Pattern: Basics and Strategies


Candlestick patterns are an important part of a comprehensive trading strategy. However, it may be difficult to choose the pattern you can rely on. In this case, traders focus on the most popular setups that have proven to work across various markets and timeframes. One of such patterns is the inside bar pattern.

In price action trading, the inside bar is often analysed as a pause in market structure, reflecting short-term volatility compression that may lead to either trend continuation or trend reversal.

In this article, we will break down the basics of the inside bar pattern, examine examples of this formation on real-market price charts, and discuss how to interpret its signals for trading purposes.

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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: Gold Sees Profit-Taking While WTI Crude Tests Key Support


Gold price started a downside correction from $5,115. WTI Crude oil is now attempting to recover after sliding toward $61.80.

Important Takeaways for Gold and WTI Crude Oil Prices Analysis Today
- Gold price climbed higher toward the $5,120 zone before there was a sharp decline against the US Dollar.
- A key bearish trend line is forming with resistance at $4,945 on the hourly chart of gold at FXOpen.
- WTI Crude oil prices extended losses below the $63.40 pivot zone.
- It dipped below a rising channel with support at $62.85 on the hourly chart of XTI/USD at FXOpen.

Gold Price Technical Analysis

On the hourly chart of Gold at FXOpen, the price climbed above $5,000. The price even spiked above $5,100 before the bears appeared.

A high was formed near $5,115 before there was a fresh decline. The last swing high was near $5,052 before the price settled below $5,000 and the 50-hour simple moving average. It tested the $4,850 zone.

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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]

New Zealand Dollar Weakens After Central Bank Decision


The New Zealand dollar weakened today after the Reserve Bank of New Zealand (RBNZ) announced its decision to keep interest rates unchanged.

While the decision itself was widely expected, the accompanying forecasts drew attention due to their dovish tone. According to the official statement:
→ monetary policy is likely to remain accommodative for some time, although the possibility of a rate hike in the fourth quarter was not ruled out;
→ inflation is returning to the target range.

The currency market reacted by pushing the NZD lower against major counterparts. NZD/USD, for example, fell to its lowest level in nearly two weeks.



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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]

FTSE 100 Index Climbs to a Record High


The UK Consumer Price Index (CPI) report released today showed a slowdown in inflation. According to Forex Factory, the annual figure came in at 3.0%, compared with 3.4% the previous month.

Media reports note that:
→ this marks the lowest level since March 2025;
→ the easing in inflation was driven by lower prices for petrol, air fares, food and education.

As a result, optimism prevails in the equity market, with expectations of monetary policy easing gaining traction. According to Trading Economics, the bullish trend is particularly evident in defence and mining stocks.

The chart of the UK's FTSE 100 index (UK 100 on FXOpen) shows the market in a clear uptrend, with a sequence of higher highs and higher lows allowing an ascending channel to be drawn.



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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]

Analytical Silver Price Forecasts for 2026 and Beyond


Silver continues to sit at the intersection of monetary confidence, industrial transformation, and geopolitical tension. Its price history shows repeated phases of sharp repricing followed by consolidation, reflecting shifts in macro conditions rather than steady progression.

Looking ahead, silver's role in electrification, combined with fiscal and currency dynamics, keeps it firmly in focus for market participants. This article examines silver's historical price behaviour and provides analysts' silver price predictions for the next 5 years, placing recent developments within a broader market context.

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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]

FOMC Minutes Support the Dollar: Yen and Canadian Dollar Retreat


The dollar strengthened following the release of the minutes from the Federal Open Market Committee, reflecting the regulator's more hawkish tone. In the document, policymakers highlighted persistent inflationary risks and the need for a cautious approach to any potential policy easing. This reduced expectations of imminent rate cuts and supported demand for the US currency.

At the same time, the market remains focused on upcoming US macroeconomic releases due before the end of the week. Attention is centred on the Philadelphia Fed Manufacturing Index, initial jobless claims, trade data, and housing market statistics. These releases could either reinforce the impact of the minutes or partially offset it if the figures come in weaker than expected.

Overall, the dollar has rebounded from support levels after the publication of the minutes. However, the further development of the upward correction in USD/JPY and USD/CAD will depend on incoming data. Market sentiment remains neutral-analytical, as participants assess whether the data will confirm the resilience of the US economy or trigger a deeper dollar correction.



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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 Crude Reaches February High


As the XTI/USD chart shows, the price of a barrel has today moved above the highs of 4 and 11 February, rising beyond the $66 level and marking its highest point since the start of the month. Bullish sentiment is being driven by escalating geopolitical tensions, primarily linked to Iran. According to media reports:

→ Negotiations between the parties remain inconclusive. Although Tehran stated that a "general agreement" had been reached with Washington on the framework of a potential nuclear deal, US Vice-President JD Vance indicated that Iran had failed to meet US demands.

→ President Donald Trump, in turn, maintains that the use of military force remains an option.

This raises the prospect of Iran attempting to block the Strait of Hormuz — a key route for global oil and gas shipments. Any US military action could evolve into a prolonged campaign, unlike the short-lived operation in Venezuela.

Heightened geopolitical risk is therefore pushing oil prices towards fresh yearly 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]

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.

[FXOpen Trader]

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.

[FXOpen Trader]

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.