Forex Trading Blog

Last Wednesday, the Federal Reserve of the United States (Fed) took financial markets by surprise. It delivered a hawkish message,...

GBP/USD started a sharp downward move after it failed to clear 1.4200. USD/CAD is surging and it recently cleared the...

Gold price started a major decline below the $1,850 and $1,820 support levels. Crude oil price is also trimming gains...

LTC/USD The price of Litecoin has been in recovery from the 8th of June when it fell to around $146...

EUR/USD struggled to clear 1.2200 and recently corrected lower. EUR/JPY is trading in a positive zone, but it must clear...

BTC/USD The price of Bitcoin has been on the rise since the 8th of June when it fell to the...

The US inflation data for the month of May was released last week. The data came out at the same...

GBP/USD is trading nicely above the main 1.4080 support zone. GBP/JPY is recovering and it could rally if there is...

For those who prefer summertime investing, below is an overview of FXOpen’s top-performing PAMM accounts as of May 2021. We...

Gold price is showing positive signs above the $1,880 resistance zone. Crude oil price is holding a major support, but...

BTC/USD The price of Bitcoin has been on the rise since the 8th of June when it fell to the...

LTC/USD The price of Litecoin has been on the rise since Tuesday when it fell down to $144.36. From there...

BTC/USD The price of Bitcoin has been on a decline since yesterday and from its high at $36,742 made a...

LTC/USD The price of Litecoin has bee on the rise since the 30th of May again after it came down...

BTC/USD The price of Bitcoin has recovered significantly from Sunday's low of around $32,000 as it made an increase of...

Over the weekend, the cryptocurrency market took another tumble. Bitcoin fell more than 10% and tested the $32k level before...

LTC/USD The price of Litecoin has been on a decline since the 10th of May when it reached $413 at...

BTC/USD  The price of Bitcoin has been on a decline since the 10th of May when it reached a high...

LTC/USD The price of Litecoin has been on a decline from yesterday's high of $391 made a decrease of 21.8%...

The price of Bitcoin reached $59,544 at its highest point yesterday from its prior higher low of $53,170 on the...

GBP/USD started a sharp downward move after it failed to clear 1.4200. USD/CAD is surging and it recently cleared the...

Gold price started a major decline below the $1,850 and $1,820 support levels. Crude oil price is also trimming gains...

EUR/USD struggled to clear 1.2200 and recently corrected lower. EUR/JPY is trading in a positive zone, but it must clear...

GBP/USD is trading nicely above the main 1.4080 support zone. GBP/JPY is recovering and it could rally if there is...

Gold price is showing positive signs above the $1,880 resistance zone. Crude oil price is holding a major support, but...

EUR/USD is showing positive signs above the 1.2150 pivot level. USD/JPY could extend its decline unless it clears the 109.60...

GBP/USD failed to clear the key 1.4200 resistance zone and corrected lower. EUR/GBP is rising and it might continue to...

AUD/USD started a major decline after it failed to clear the 0.7765 resistance. NZD/USD also declined and it broke a...

EUR/USD is trading in a positive zone above the 1.2200 support. USD/CHF is declining and it could extend losses below...

GBP/USD is holding gains above the 1.4100 and 1.4120 support levels. USD/CAD is struggling and it could decline further if...

There is an old investment saying: “Sell it in May and go away”. It describes a strategy that recommends investors...

Moving averages are trend indicators. They are part of any trading platform and very useful in technical analysis. Multiple types...

Position trading refers to a trader holding a position open for a long period of time. In a way, position...

What Is a Moving Average (MA)? A Moving Average or MA — one of the oldest and most powerful technical...

In 2018, Bridgewater Associates, an American investment management firm, hired a new consultant  — Vanessa Selbst, a three-time World Series...

Regardless of the type of the market (i.e., currencies, commodities, equities), traders refer to the market as either being bullish...

Traders commonly interpret payment for retaining an open position overnight (aka Swap) as an additional fee, which they must pay...

If you are a long term trader, then you should have a close eye on various price patterns that occur...

Financial markets changed, and they will continue to change, becoming more complex as our society develops. Some markets disappeared, some...

Divergences were born from the desire of having an alternative to chaotic price movements. Since the Personal Computer (PC) invention,...

Human beings make mistakes, but not every mistake costs money. In the world of Forex, every mistake has a price...

Automatic trading became a component of everyday market movements and responsible for a big chunk of the FX turnover. Big...

The Forex dashboard is formed by all the products offered by the broker and available to trade. One can find...

The brokerage industry experienced tremendous growth as the Internet penetration in our everyday lives increased at the start of the...

One of the biggest problems facing the Forex retail trader relates to how much money needed for Forex trading. A...

Trading in the international currency markets has a reputation for being risky, but it is just different from other markets....

The economic calendar is one of the most important tools for any forex trader. Learning how to use economic calendar...

[Update August 28, 2020] Leverage may not be the easiest concept, especially for beginner traders. However, it is these virtual...

CFD trading is one of the best ways for small investors to gain access to currency markets, and a whole...

Online trading exploded in popularity in the last years. Since the Internet connects people from all parts of the world,...

Dear Traders! Please note that due to the Easter holidays, trading hours for some financial instruments will be changed as follows:...

Dear traders, We are happy to announce that as FXOpen clients you will get even more possibilities for advanced trading....

Dear traders, On March 14th, 2021 FXOpen will switch its trading servers 1 hour ahead, from GMT +2 to GMT +3. The change...

FXOpen invites traders to participate in "Money Managers", a contest with real PAMM accounts. Don't miss your chance to win...

Dear Traders, Please note that due to the celebration of Lunar New Year's Day in Hong Kong on Friday, February 12th,...

Dear Traders, Due to the upcoming Australia Day celebrations on Tuesday, January 26th, 2021, you will experience the following change in the...

Dear Traders, Please, note that on Sunday, January 17, CFD cryptocurrencies will not be traded from 15:00 to 17:00 (+2...

Dear Traders, Please note that due to the celebration of Martin Luther King Day in the US on Monday, January 18th, 2021, trading...

First of all, let us thank you for being FXOpen’s loyal clients. We do and will continue to do everything...

Dear Traders, Please note the changes in trading session times on Christmas and New Year 2021. Thursday, December 24th, 2020 FX Spot CFD, Stocks...