LATEST POSTS
Gold Price Slides Below $1,700, Oil Price Approaches $65
March 5, 2021
Gold price started a fresh decline below the $1,750 and $1,720 support levels. Crude oil price is still in a...
LTC and EOS – Looking for support
March 4, 2021
LTC/USD The price of Litecoin has been on the rise since the start of the month and came up from...
EUR/USD Facing Hurdles, USD/JPY Gains Bullish Momentum
March 3, 2021
EUR/USD declined towards 1.2000 before recovering higher. USD/JPY is following a strong uptrend and it even broke the 106.50 resistance...
BTC and XRP – Breakout seen but first resistance encountered
March 2, 2021
BTC/USD From Sunday's low at around $43,070, the price of Bitcoin came up $49,579 at its highest point today which...
Rising Yields Spark Dollar’s Rally
March 1, 2021
Financial market participants were taken by surprise last week. The US dollar, on a steady decline since April of last...
GBP/USD and EUR/GBP: British Pound Corrects Gains
March 1, 2021
GBP/USD rallied above the 1.4200 level before correcting lower. EUR/GBP is declining, but it is might find bids near the...
EUR/JPY and GBP/JPY Approaching Important Supports
February 26, 2021
The Euro and British Pound started a steady increase in the past few days against the Japanese Yen. Both EUR/JPY...
LTC and EOS – Further downside more likely
February 25, 2021
LTC/USD The price of Litecoin has been in a decline from Saturday's high when it came up to $247. From...
Join the “Money Managers” contest and win up to $5,000
February 24, 2021
FXOpen invites traders to participate in "Money Managers", a contest with real PAMM accounts. Don't miss your chance to win...
EUR/USD and USD/CHF Showing Signs of More Upsides
February 24, 2021
EUR/USD settled above 1.2100 and it is now facing hurdles near 1.2200. USD/CHF is rising and it is likely to...
FOREX ANALYTICS
Gold Price Slides Below $1,700, Oil Price Approaches $65
March 5, 2021
Gold price started a fresh decline below the $1,750 and $1,720 support levels. Crude oil price is still in a...
EUR/USD Facing Hurdles, USD/JPY Gains Bullish Momentum
March 3, 2021
EUR/USD declined towards 1.2000 before recovering higher. USD/JPY is following a strong uptrend and it even broke the 106.50 resistance...
GBP/USD and EUR/GBP: British Pound Corrects Gains
March 1, 2021
GBP/USD rallied above the 1.4200 level before correcting lower. EUR/GBP is declining, but it is might find bids near the...
EUR/JPY and GBP/JPY Approaching Important Supports
February 26, 2021
The Euro and British Pound started a steady increase in the past few days against the Japanese Yen. Both EUR/JPY...
EUR/USD and USD/CHF Showing Signs of More Upsides
February 24, 2021
EUR/USD settled above 1.2100 and it is now facing hurdles near 1.2200. USD/CHF is rising and it is likely to...
GBP/USD Climbs above 1.4000, USD/CAD Turns Red
February 22, 2021
GBP/USD gained momentum above the 1.3900 resistance and it even broke 1.4000. USD/CAD is declining and it traded below the...
Gold Price Extends Decline, Oil Price Trimming Gains
February 19, 2021
Gold price struggled to clear $1,850 and started a fresh decline below $1,800. Crude oil price traded to a new...
EUR/USD and EUR/JPY: Euro Holding Key Supports
February 17, 2021
EUR/USD declined from the 1.2170 zone, but it is holding the 1.2080 support. EUR/JPY climbed higher towards 128.50 and it...
GBP/USD and EUR/GBP: British Pound Gains Momentum
February 15, 2021
GBP/USD is gaining bullish momentum above the 1.3800 and 1.3840 resistance levels. EUR/GBP is declining and it broke a major...
Gold Price Starts Fresh Decline, Oil Price Correcting Gains
February 12, 2021
Gold price failed to clear the $1,855 resistance and started a fresh decline. Crude oil price is correcting gains and...
CRYPTOCURRENCIES
LTC and EOS – Looking for support
March 4, 2021
LTC/USD The price of Litecoin has been on the rise since the start of the month and came up from...
BTC and XRP – Breakout seen but first resistance encountered
March 2, 2021
BTC/USD From Sunday's low at around $43,070, the price of Bitcoin came up $49,579 at its highest point today which...
LTC and EOS – Further downside more likely
February 25, 2021
LTC/USD The price of Litecoin has been in a decline from Saturday's high when it came up to $247. From...
BTC and XRP – Correction or the end of the increase altogether?
February 23, 2021
BTC/USD From its all-time high at $58,360, the price of Bitcoin has made a decrease of 22.8% today as it...
BTC and XRP – New highs expected
February 16, 2021
BTC/USD The price of Bitcoin has continued its upward trajectory from last Monday and came up from $37,691 at its...
LTC and EOS – Resistance seen but for how long?
February 11, 2021
LTC/USD The price of Litecoin has been increasing in the past week, and from last Thursday when it was sitting...
BTC and XRP – Bullish momentum confirmed
February 9, 2021
BTC/USD The price of Bitcoin has broken out from its prior resistance and impulsively came to $48,200 at its highest...
LTC and EOS – Pullback or the beginning of a downtrend?
February 4, 2021
LTC/USD The price of Litecoin has been in a decline from today's open at $159 which was its highest point...
BTC and XRP – Corrections might have ended but further confirmation still needed
February 2, 2021
BTC/USD The price of Bitcoins has been moving sideways in the last couple of days after it made a spike...
LTC and EOS – Correction might have ended but downside potential still present
January 28, 2021
LTC/USD The price of Litecoin has been on the rise since yesterday as it came from $118.1 to $132.15 which...
FOREX STRATEGIES
Don’t turn your money into a pumpkin: Halloween strategy and how it works
October 29, 2020
There is an old investment saying: “Sell it in May and go away”. It describes a strategy that recommends investors...
What Is an Exponential Moving Average (EMA)?
September 17, 2020
Moving averages are trend indicators. They are part of any trading platform and very useful in technical analysis. Multiple types...
What Is Position Trading?
August 19, 2020
Position trading refers to a trader holding a position open for a long period of time. In a way, position...
Moving Averages in Technical Analysis
July 13, 2020
What Is a Moving Average (MA)? A Moving Average or MA — one of the oldest and most powerful technical...
Poker Player vs. Trader: What Do They Have in Common?
May 8, 2020
In 2018, Bridgewater Associates, an American investment management firm, hired a new consultant — Vanessa Selbst, a three-time World Series...
Ways to Survive in a Bear Market
April 29, 2020
Regardless of the type of the market (i.e., currencies, commodities, equities), traders refer to the market as either being bullish...
Usage of Swap Strategy on Retail Forex Market
October 2, 2019
Traders commonly interpret payment for retaining an open position overnight (aka Swap) as an additional fee, which they must pay...
Most Frequently Occurred Price Patterns In Forex Trading
September 22, 2019
If you are a long term trader, then you should have a close eye on various price patterns that occur...
Elliott Wave Theory: Double and Triple Combinations
June 26, 2019
Financial markets changed, and they will continue to change, becoming more complex as our society develops. Some markets disappeared, some...
A Guide for Trading Divergences
June 19, 2019
Divergences were born from the desire of having an alternative to chaotic price movements. Since the Personal Computer (PC) invention,...
FOREX FOR BEGINNERS
13 mistakes almost every trader makes
December 22, 2020
Human beings make mistakes, but not every mistake costs money. In the world of Forex, every mistake has a price...
Trading Robots and EAs. Does Automated Trading Work?
June 1, 2020
Automatic trading became a component of everyday market movements and responsible for a big chunk of the FX turnover. Big...
How to Choose a Currency Pair for Forex Trading
March 12, 2020
The Forex dashboard is formed by all the products offered by the broker and available to trade. One can find...
How Forex Brokers Make Money
January 14, 2020
The brokerage industry experienced tremendous growth as the Internet penetration in our everyday lives increased at the start of the...
How Much Money Do I Need to Start Trading Forex
November 14, 2019
One of the biggest problems facing the Forex retail trader relates to how much money needed for Forex trading. A...
What is a Demo Account in Forex Trading?
September 25, 2019
Trading in the international currency markets has a reputation for being risky, but it is just different from other markets....
How to Trade Forex Using Economic Calendar
August 22, 2019
The economic calendar is one of the most important tools for any forex trader. Learning how to use economic calendar...
Leverage in Forex Trading — How Does It Work?
August 13, 2019
[Update August 28, 2020] Leverage may not be the easiest concept, especially for beginner traders. However, it is these virtual...
How Does CFD Trading Work?
August 7, 2019
CFD trading is one of the best ways for small investors to gain access to currency markets, and a whole...
What is ECN?
July 18, 2019
Online trading exploded in popularity in the last years. Since the Internet connects people from all parts of the world,...
NEWS
Join the “Money Managers” contest and win up to $5,000
February 24, 2021
FXOpen invites traders to participate in "Money Managers", a contest with real PAMM accounts. Don't miss your chance to win...
Trading hours schedule on February 12th and February 15th
February 9, 2021
Dear Traders, Please note that due to the celebration of Lunar New Year's Day in Hong Kong on Friday, February 12th,...
Changes to Australia Day Trading Hours
January 22, 2021
Dear Traders, Due to the upcoming Australia Day celebrations on Tuesday, January 26th, 2021, you will experience the following change in the...
Changes in cryptocurrency CFD trading schedule on January 17
January 15, 2021
Dear Traders, Please, note that on Sunday, January 17, CFD cryptocurrencies will not be traded from 15:00 to 17:00 (+2...
Changes to FXOpen Trading Hours on US Martin Luther King Day
January 14, 2021
Dear Traders, Please note that due to the celebration of Martin Luther King Day in the US on Monday, January 18th, 2021, trading...
Welcome to 2021 with FXOpen. Thank you for trading with us!
December 24, 2020
First of all, let us thank you for being FXOpen’s loyal clients. We do and will continue to do everything...
Trading Hours Schedule for the 2021 Christmas and New Year Holiday Period
December 21, 2020
Dear Traders, Please note the changes in trading session times on Christmas and New Year 2021. Thursday, December 24th, 2020 FX Spot CFD, Stocks...
“Classics without Borders” is a Free Contest with Real Money Prizes
November 18, 2020
FXOpen broker invites beginners to participate in the “Classics without borders” Forex contest. Take a great opportunity to show your skills in...
Trading Hours Schedule for the 2020 US Thanksgiving Holiday
November 16, 2020
Dear Traders, Please be aware of the trading hour schedule for the Thanksgiving holiday from 26th and 27th November 2020: Thursday, November...
FXOpen Launches Apple Pay Payments
November 13, 2020
Dear Clients, FXOpen is delighted to announce a new deposit method for our clients via Apple Pay. Apple Pay is a safer...