LATEST POSTS
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...
AUD/USD and NZD/USD Approaching Next Key Break
January 22, 2021
AUD/USD is trading well above 0.7700, but is facing hurdles near 0.7780 and 0.7800. NZD/USD is also showing positive signs,...
Litecoin and EOS – Bears are in control
January 21, 2021
LTC/USD The price of Litecoin has been in a decline since Tuesday when it was sitting at $166.11 and made...
EUR/USD Recovering Losses, USD/JPY Remains At Risk
January 20, 2021
EUR/USD started a downside correction from well above 1.2300 and recently found support near 1.2055. USD/JPY is showing bearish signs...
BTC and XRP – Prices continue to rise
January 19, 2021
BTC/USD The price of Bitcoin has been moving sideways since last week as it came up to $40,000 area but...
Important Week for Global Policy Rates
January 18, 2021
The week ahead of us is critical for the currency market. On Wednesday, we have the inauguration day in the...
GBP/USD and GBP/JPY: British Pound Could Correct Lower
January 18, 2021
GBP/USD gained strength above 1.3600, but it struggled to continue higher above 1.3700. GBP/JPY also corrected lower after forming a...
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...
Gold Price Prepares for Next Move, Oil Price Holds Strong
January 15, 2021
Gold price started a fresh decline and settled below $1,880. Conversely, crude oil price gained bullish momentum and it traded...
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...
FOREX ANALYTICS
AUD/USD and NZD/USD Approaching Next Key Break
January 22, 2021
AUD/USD is trading well above 0.7700, but is facing hurdles near 0.7780 and 0.7800. NZD/USD is also showing positive signs,...
EUR/USD Recovering Losses, USD/JPY Remains At Risk
January 20, 2021
EUR/USD started a downside correction from well above 1.2300 and recently found support near 1.2055. USD/JPY is showing bearish signs...
GBP/USD and GBP/JPY: British Pound Could Correct Lower
January 18, 2021
GBP/USD gained strength above 1.3600, but it struggled to continue higher above 1.3700. GBP/JPY also corrected lower after forming a...
Gold Price Prepares for Next Move, Oil Price Holds Strong
January 15, 2021
Gold price started a fresh decline and settled below $1,880. Conversely, crude oil price gained bullish momentum and it traded...
EUR/USD Could Start Fresh Increase, USD/CHF Shows Bearish Signs
January 13, 2021
EUR/USD remained well bid above 1.2120 and it is currently rising. USD/CHF is declining and it might continue to move...
GBP/USD Could Decline Further, USD/CAD Is Eyeing Upside Break
January 11, 2021
GBP/USD started a fresh decline after it failed to clear the 1.3700 resistance. USD/CAD is rising and it is currently...
Gold Price Trims Gains While Oil Price Turns Bullish Above $50
January 8, 2021
Gold price started a downside correction after surging towards $1,960. Conversely, crude oil price is following a strong bullish path...
GBP/USD and EUR/GBP: British Pound Could Correct Lower
January 6, 2021
GBP/USD extended its rise towards 1.3700 before starting a downside correction. EUR/GBP is showing positive signs and it could surge...
AUD/USD and NZD/USD Signaling Upside Continuation
January 4, 2021
AUD/USD remained in a positive zone and climbed above the 0.7700 resistance. NZD/USD is also showing positive signs and it...
EUR/USD and EUR/JPY: Euro Gains Bullish Momentum
December 30, 2020
EUR/USD gained bullish momentum and traded to a new multi-month high above 1.2290. EUR/JPY is also showing positive signs and...
CRYPTOCURRENCIES
Litecoin and EOS – Bears are in control
January 21, 2021
LTC/USD The price of Litecoin has been in a decline since Tuesday when it was sitting at $166.11 and made...
BTC and XRP – Prices continue to rise
January 19, 2021
BTC/USD The price of Bitcoin has been moving sideways since last week as it came up to $40,000 area but...
BTC and XRP – Has the correction ended?
January 12, 2021
BTC/USD From yesterday's low at $30,340 the price of Bitcoin has increased by 20.71% as it came to $36,743 at...
LTC and EOS – Establishing support before new highs
January 7, 2021
LTC/USD The price of Litecoin has been increasing since last week and came up from $124.2 at its lowest point...
BTC and XRP – Consolidation developing but for how long?
January 5, 2021
BTC/USD The price of Bitcoin has been in a decline since Sunday when it reached $34,716 at its highest point....
BTC and XRP – Significant moves ahead
December 29, 2020
BTC/USD The price of Bitcoin has been increasing from last Monday when it was sitting at $21,860 and came up...
BTC and XRP – Correction developing but for how long?
December 22, 2020
BTC/USD The price of Bitcoin has continued increasing from last week and came to $24,310 at its highest points yesterday...
LTC and EOS – Consolidation Expected Before Further Upside
December 17, 2020
LTC/USD The price of Litecoin has been increasing since the start of the week and from Monday's low at $79.215...
BTC encounters resistance while XRP finds support
December 15, 2020
BTC/USD The price of Bitcoin has been increasing from last Friday when it was sitting at $17,570 at its lowest...
LTC and EOS – Descending Channel Ending Soon
December 10, 2020
LTC/USD The price of Litecoin has been decreasing since the start of the month when it came up to $93....
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
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...
Increased Volatility Due to US General Election
November 3, 2020
We would like to remind you that the US General Election is scheduled to be held on 3rd November 2020. There is...
Trading Server Time Switches to GMT+2
October 23, 2020
Dear Clients, Please, note that on November 1, 2020, FXOpen will switch its trading servers from GMT +3 to GMT +2. The...