FXOpen and ForexCup invite traders to participate in "Money Managers", a contest with real PAMM accounts. Don't miss your chance…
Gold price declined below the $1,880 and $1,860 support levels. Crude oil price is currently rising and it is seems…
LTC/USD From Monday's high at $47.53 the price of Litecoin has decreased by 9.73% as it came down to $42.916…
EUR/USD started a strong decline from the 1.1880 resistance, and it declined below 1.1800. USD/JPY is recovering nicely and it…
BTC/USD From Saturday when the price of Bitcoin came up to $11177 at its highest point we have seen a…
The oil industry suffered one of its greatest shocks recently. Ever since the coronavirus pandemic reached the Western world, developed…
GBP/USD is trading above the 1.2920 support, but it is facing many hurdles near 1.3000. GBP/JPY is declining and it…
AUD/USD remained well bid above the 0.7250 support, but it is facing hurdles near 0.7350. Conversely, NZD/USD broke a major…
Moving averages are trend indicators. They are part of any trading platform and very useful in technical analysis. Multiple types…
LTC/USD From yesterday's open when the price of Litecoin was being traded at $47.59 around its lowest point, we have…
EUR/USD faced a strong selling interest near the 1.1900 zone and recently corrected lower. USD/CHF is attempting an upside break,…
BTC/USD From last week when the price of Bitcoin was trading at around $9950 at its lowest point, we have…
It seems like the financial world lives from one event to another, and the market barely reacts in between. Let…
GBP/USD declined heavily below the 1.3050 and 1.2950 support levels. EUR/GBP climbed higher sharply and it broke the key 0.9200…
This year's summer was quite hectic. The financial crisis broke out as production dropped due to the worldwide spread of…
FOREX ANALYTICS
VIEW ALL Gold price declined below the $1,880 and $1,860 support levels. Crude oil price is currently rising and it is seems…
EUR/USD started a strong decline from the 1.1880 resistance, and it declined below 1.1800. USD/JPY is recovering nicely and it…
GBP/USD is trading above the 1.2920 support, but it is facing many hurdles near 1.3000. GBP/JPY is declining and it…
AUD/USD remained well bid above the 0.7250 support, but it is facing hurdles near 0.7350. Conversely, NZD/USD broke a major…
EUR/USD faced a strong selling interest near the 1.1900 zone and recently corrected lower. USD/CHF is attempting an upside break,…
GBP/USD declined heavily below the 1.3050 and 1.2950 support levels. EUR/GBP climbed higher sharply and it broke the key 0.9200…
Gold price is facing a strong resistance near the $1,950 and $1,960 levels. Crude oil price is currently declining and…
GBP/USD is following a declining pattern below the 1.3300 resistance zone. GBP/JPY is also struggling to clear the 141.20 resistance…
AUD/USD started a strong decline from well above the 0.7350 support zone. Similarly, NZD/USD is showing bearish signs and it…
EUR/USD spiked above the 1.2000 resistance before starting a downside correction. USD/JPY is recovering nicely and it is trading above…
GBP/USD started a strong increase above the 1.3200 resistance and it is likely to continue higher. EUR/GBP is currently declining…
Gold price is forming a new support base above the $1,900 level. Crude oil price is currently rising and eyeing…
EUR/USD is recovering, but it is facing hurdles near 1.1840 and 1.1850. USD/CHF is approaching a crucial breakout and the…
GBP/USD failed twice near the 1.3250 resistance area and declined sharply. GBP/JPY is also trading in a negative zone and…
AUD/USD is struggling to settle above the 0.7200 resistance zone and it could resume its decline. Similarly, NZD/USD is facing…
CRYPTOCURRENCIES
VIEW ALL LTC/USD From Monday's high at $47.53 the price of Litecoin has decreased by 9.73% as it came down to $42.916…
BTC/USD From Saturday when the price of Bitcoin came up to $11177 at its highest point we have seen a…
LTC/USD From yesterday's open when the price of Litecoin was being traded at $47.59 around its lowest point, we have…
BTC/USD From last week when the price of Bitcoin was trading at around $9950 at its lowest point, we have…
LTC/USD Since the start of the month, the price of Litecoin has decreased by 29.33% as it fell from $64.4…
BTC/USD The price of Bitcoin has fallen by 18% from last Monday's high at around $12074 measured to its lowest…
LTC/USD On yesterday's open the price of Litecoin has retesting its peak from the previous increase and was sitting at…
BTC/USD From last Thursday when the price of Bitcoin fell down to around $11200 level which was the lowest price…
LTC/USD From Mondays open at $63 the price of Litecoin fell by around 10% as it came down to $56.7…
BTC/USD From Monday's high at $11843 the price of Bitcoin has decreased by 2.64% measured to today's low at $11530.…
LTC/USD From Mondays high when the price of Litecoin reached the projected high at $68.52 and ended its 5th wave,…
BTC/USD From yesterday's low at $11807, the price of Bitcoin increased by 5.76% and came up to $12487 at its…
LTC/USD The price of Litecoin has been decreasing since last Friday when it was sitting at $60.58 and depreciated in…
BTC/USD The price of Bitcoin has been continuing to increase in the previous period and came from last week's low…
LTC/USD On Monday the price of Litecoin has been traded at $55.617 as it managed to make up for some…
FOREX STRATEGIES
VIEW ALL 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…
Automatic trading became a component of everyday market movements and responsible for a big chunk of the FX turnover. Big…
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…
PMI is one of the most powerful economic indicators that are useful to investors. Its signals give an idea of…
The Momentum indicator is one of the most exciting oscillators available to technical analyze financial markets. Like any oscillator, it…
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,…
The foreign exchange market is fast-moving, ever-changing and highly competitive. It's the world’s largest market with a turnover of over…
Algorithmic trading dominates the price action in all financial markets. In the last decades, computer programs more and more sophisticated,…
The currency market or foreign exchange appeared with the United States decision to drop the gold standard. At the start…
FOREX FOR BEGINNERS
VIEW ALL 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,…
NEWS
VIEW ALL FXOpen and ForexCup invite traders to participate in "Money Managers", a contest with real PAMM accounts. Don't miss your chance…
The oil industry suffered one of its greatest shocks recently. Ever since the coronavirus pandemic reached the Western world, developed…
It seems like the financial world lives from one event to another, and the market barely reacts in between. Let…
The main event of the week ahead is the ECB interest rate decision on Thursday. The ECB is in a…
Apple and Tesla announced plans in August 2020 to split their stocks. Due to the completion of the split, Apple (AAPL) and Tesla (TSLA) CFDs…
The Federal Reserve of the United States (Fed) delivered the much-awaited monetary policy review report at the Jackson Hole Symposium.…
Dear Traders, Please, note that on August 31st, 2020 trading hours will be changed as follows: Indices: UK 100 (#UK100) : trading closed.…
The U.S. stock market continues its incredible performance as the big tech companies defy the pandemic. With the Q2 earnings…
The USD keeps falling across the dashboard as the stock market’s bid tone continues. With both the Dow Jones and…
Last week it was all about the USD. As always, the first trading week of any month focuses on the…
Two important events shaped the previous trading week – the FOMC Meeting last Wednesday and the US GDP. The Gross…
Dear Traders, We would like to inform you that recently we have received a number of inquiries regarding a person…
FXOpen is delighted to announce we have expanded the list of Index CFDs by adding Hong Kong 50. We would also…
Gold is on every investor's mind these days – it closed the week above $1900, a tremendous milestone for the…
Last week the Euro started on a strong note. From early trading last Monday, it gained across the FX dashboard…