Forex Trading Blog

The new trading month started with the market participants focusing on Friday’s NFP report. Because the Federal Reserve of the...

GBP/USD started a fresh increase and it broke the 1.3880 resistance. USD/CAD is recovering, but it is facing hurdles near...

Gold price started a fresh increase above the $1,820 resistance. Crude oil price is also rising and it is showing...

LTC/USD The price of Litecoin has been on the rise from the 20th of July when it fell to $104...

On July 27, Reuters released a rebuttal from an Amazon spokesman regarding the company's plans to implement Bitcoin. “Notwithstanding our...

EUR/USD formed a support base above 1.1780 and corrected higher. EUR/JPY is also rising and it could gain pace above...

BTC/USD The price of Bitcoin has been on the rise since the 20th of July when it fell down to...

The week ahead is decisive for USD traders as three main events will dominate financial markets – the FOMC Meeting,...

GBP/USD started a fresh increase after a drop to 1.3580. Similarly, GBP/JPY started a decent increase and it broke the...

LTC/USD The price of Litecoin has been on the rise from Tuesday's low of $104 and made an increase of...

LTC/USD The price of Litecoin has been on the rise from the 20th of July when it fell to $104...

On July 27, Reuters released a rebuttal from an Amazon spokesman regarding the company's plans to implement Bitcoin. “Notwithstanding our...

BTC/USD The price of Bitcoin has been on the rise since the 20th of July when it fell down to...

LTC/USD The price of Litecoin has been on the rise from Tuesday's low of $104 and made an increase of...

BTC/USD The price of Bitcoin has been falling downwards and made a decrease of 9.14% from Sunday's high of $32,289...

The market has entered a consolidation zone after the anomalous activity of May 19, with fluctuations framed by a narrowing...

LTC/USD The price of Litecoin reached $148 on the 4th of July which was the same level as on the...

BTC/USD The price of Bitcoin has been on the rise since the 26th of Jun and made it back to...

BTC/USD The price of Bitcoin has been on a decline since the 15th of June when it was trading at...

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

GBP/USD started a fresh increase and it broke the 1.3880 resistance. USD/CAD is recovering, but it is facing hurdles near...

Gold price started a fresh increase above the $1,820 resistance. Crude oil price is also rising and it is showing...

EUR/USD formed a support base above 1.1780 and corrected higher. EUR/JPY is also rising and it could gain pace above...

GBP/USD started a fresh increase after a drop to 1.3580. Similarly, GBP/JPY started a decent increase and it broke the...

EUR/USD started a major decline and it traded below 1.1800. USD/JPY is attempting an upside break above the 110.00 resistance...

GBP/USD started a steady decline below the 1.3900 zone. EUR/GBP is rising and it might continue to rise if it...

Gold price started a decent recovery wave above the $1,820 resistance. Crude oil price is declining and it might even...

EUR/USD declined heavily below 1.1900 and it tested 1.1770. USD/CHF is rising and it could gain momentum if it manages...

GBP/USD started a decent recovery wave from the 1.3750 support zone. USD/CAD must clear the 1.2500 resistance zone to continue...

AUD/USD started a fresh decline from well above the 0.7550 level. NZD/USD also declined heavily and it even tested the...

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...