Forex Trading Blog

Dear Clients, Please, note that on November 1, 2020, FXOpen will switch its trading servers from GMT +3 to GMT +2. The...

Gold price started a fresh decline after it failed to clear the $1,930 resistance. Crude oil price is currently holding...

LTC/USD From last week when the price of Litecoin was sitting at $46.3 level at its lowest, we have seen...

EUR/USD started a fresh increase above the 1.1800 and 1.1820 resistance levels. EUR/JPY is also showing positive signs and trading...

BTC/USD The price of Bitcoin has been increasing from last Friday when it was sitting around $11221 at its lowest...

Cryptocurrencies appeared out of nowhere, and their growing popularity took many by surprise. The early believers made and lost fortunes...

Last Friday, the Retail Sales in the United States took everyone by surprise. On expectations of 0.7%, the actual number...

GBP/USD started a fresh decline below the 1.3020 and 1.2980 support levels. EUR/GBP is also declining and it is trading...

AUD/USD started a fresh decline from the 0.7250 resistance and broke the 0.7120 support. NZD/USD is also declining and it...

LTC/USD From last week's Thursday when the price of Litecoin was sitting at $45.58 at its lowest points, we have...

Gold price started a fresh decline after it failed to clear the $1,930 resistance. Crude oil price is currently holding...

EUR/USD started a fresh increase above the 1.1800 and 1.1820 resistance levels. EUR/JPY is also showing positive signs and trading...

GBP/USD started a fresh decline below the 1.3020 and 1.2980 support levels. EUR/GBP is also declining and it is trading...

AUD/USD started a fresh decline from the 0.7250 resistance and broke the 0.7120 support. NZD/USD is also declining and it...

EUR/USD declined recently below the 1.1780 support, but it found support near 1.1730. USD/JPY is showing bearish signs below the...

GBP/USD started a strong increase after it broke the 1.2950 and 1.3000 resistance levels. GBP/JPY is trading nicely above 137.00...

Gold price started a fresh increase from the $1,870 support and climbed above $1,900. Crude oil price is currently rising...

EUR/USD failed to clear the 1.1800 resistance zone and started a downside correction. USD/CHF is correcting higher and showing positive...

GBP/USD started a fresh increase above 1.2820, but it is facing a strong resistance near 1.2980 and 1.3000. USD/CAD is...

AUD/USD gained traction above 0.7100, but it seems to be struggling near the 0.7200 resistance. NZD/USD is showing positive signs...

LTC/USD From last week when the price of Litecoin was sitting at $46.3 level at its lowest, we have seen...

BTC/USD The price of Bitcoin has been increasing from last Friday when it was sitting around $11221 at its lowest...

Cryptocurrencies appeared out of nowhere, and their growing popularity took many by surprise. The early believers made and lost fortunes...

LTC/USD From last week's Thursday when the price of Litecoin was sitting at $45.58 at its lowest points, we have...

BTC/USD The price of Bitcoin has been increasing since last Thursday when it was sitting at $10539.2 and from there...

LTC/USD The price of Litecoin has been moving sideways since a breakout to the downside was made from the ascending...

BTC/USD Last Friday the price of Bitcoin came down to around $10455 area from its second attempt to surpass the...

LTC/USD Last week, on Wednesday, September 23rd, the price of Litecoin came down to revisit the September 21st low area...

BTC/USD Since the start of the week, we have seen the price of Bitcoin increasing to $10950 area which was...

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...

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,...

Algorithmic trading dominates the price action in all financial markets. In the last decades, computer programs more and more sophisticated,...

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 Clients, Please, note that on November 1, 2020, FXOpen will switch its trading servers from GMT +3 to GMT +2. The...

Dear traders, FXOpen broker has implemented a new feature of the PAMM service — PAMM account drawdown limit. This mechanism will...

"Forex School", a free trading contest for demo accounts, ended on October 2. For four weeks, more than 900 participants...

Dear Traders, Please, note that on 1 and 2 October 2020 trading hours will be changed as follows: Indices: Hong...

In these 15 years, we have grown from a small community of Forex enthusiasts to a company that unites Forex...

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

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...

Dear Traders, Please, note that on August 31st, 2020 trading hours will be changed as follows: Indices: UK 100 (#UK100) : trading closed....

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...