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AUD/USD And NZD/USD Gaining Bullish Momentum
AUD/USD rallied recently and climbed above the key 0.6200 resistance area. Similarly, NZD/USD is gaining bullish momentum and trading nicely above the 0.6000 area.
AUD/USD Technical Analysis
The Aussie Dollar formed a strong support base above the...
EUR/USD Could Correct Higher While USD/CHF Shows Bearish Signs
EUR/USD started an upside correction from 1.0768, but it is struggling to clear 1.0925. Conversely, USD/CHF is showing a few bearish signs and it could decline below 0.9700.
EUR/USD Technical Analysis
This past week, the Euro...
GBP/USD and EUR/GBP: British Pound Correcting Gains
GBP/USD is currently correcting gains from the 1.2475 resistance area. Similarly, EUR/GBP is correcting higher and it could recover towards the 0.8950 level.
GBP/USD Technical Analysis
This past week, the British Pound started a decent upward...
Gold Price Approaching Resistance While Crude Oil Price Correcting Gains
Gold price is rising steadily and it is trading above the $1,600 resistance. Conversely, crude oil price rallied towards $28.00 and recently corrected more than 40% gains.
Gold Price Technical Analysis
Earlier this week...
EUR/USD And EUR/JPY At Risk of More Downsides
EUR/USD is currently correcting lower and facing a strong resistance near the 1.1040 level. EUR/JPY is also showing a few bearish signs and it could decline further as long as it is below 119.00.
EUR/USD Technical Analysis
This past week, the Euro...
GBP/USD and EUR/GBP: British Pound Gaining Traction
GBP/USD is gaining pace and it recovered above the 1.2300 resistance area. EUR/GBP is sliding and it is likely to face hurdles near the 0.9050 area.
GBP/USD Technical Analysis
This past week, the British Pound started a decent recovery wave...
Gold Price Is Rising While Crude Oil Price Is Consolidating
Gold price is trading in a positive zone above the $1,585 resistance area and it could rise further. Conversely, crude oil price is trading in a range and it could correct above $25.00.
Gold Price Technical Analysis
In the past few...
EUR/USD Could Recover And USD/JPY Is Facing Key Hurdle
EUR/USD started an upside correction after a strong decline below the 1.1800 area. USD/JPY is rising, but it is facing a major hurdle near the 111.70 level.
EUR/USD Technical Analysis
In the past few days, the Euro started a nasty decline...
GBP/USD And GBP/JPY Could Struggle To Continue Higher
GBP/USD declined heavily and broke many key supports near the 1.2200 and 1.2000 levels. GBP/JPY is currently recovering, but it is likely to face sellers near 131.30.
GBP/USD Technical Analysis
This past week, the British Pound started a...
Gold Price Is Facing Hurdles While Crude Oil Price Is Recovering
Gold price found support near the $1,455 level and it is currently consolidating losses. Conversely, crude oil price is recovering and it is now trading above the $25.00 resistance.
Gold Price Technical Analysis
In the past few...
EUR/USD Turns Red And USD/CHF Remains Supported
EUR/USD failed to hold a few key supports and declined below the 1.1140 zone. Conversely, USD/CHF is trading in a positive zone and it remains well supported above 0.9550.
EUR/USD Technical Analysis
This week, the Euro extended its decline after...
FXOpen Increases Margin Requirements Due to Effect of Coronavirus
Due to the current high volatility across all financial markets, FXOpen have taken the decision to increase margin requirements by up to 5 times their normal level in order to protect client funds. The change affects currency...
FXOpen Launches New Accounts - Crypto 10
Dear Traders,
FXOpen is pleased to announce the launch of a brand new trading account - Crypto 10, where you can access high leverage, low cost cryptocurrency trading from as little as $10.
Open Crypto 10
Read more...
GBP/USD and EUR/GBP: British Pound Struggling To Recover
GBP/USD failed to stay above the 1.2800 support and declined heavily. EUR/GBP is rising steadily and it remains well supported on the downside above 0.8900.
GBP/USD Technical Analysis
This past week, the British Pound started a major...
AUD/USD And NZD/USD Facing Key Hurdles
AUD/USD declined heavily and traded below the key 0.6400 support area. Similarly, NZD/USD declined below 0.6200 and it is currently correcting higher.
AUD/USD Technical Analysis
This past week, the Aussie Dollar topped near the 0.6680 resistance area...
EUR/USD Eyeing More Gains While USD/JPY Is Facing Hurdles
EUR/USD followed a strong bullish path above the 1.1200 pivot area and climbed towards 1.1500. USD/JPY is currently recovering higher, but it is facing hurdles near 106.00.
EUR/USD Technical Analysis
In the past few days, the Euro...
GBP/USD Surging While GBP/JPY Could Decline Further
GBP/USD started a strong increase from the 1.2780 support area and jumped above 1.2950. Conversely, GBP/JPY is declining and it could extend losses below 134.00.
GBP/USD Technical Analysis
This past week, the British Pound started a decent...
Gold Price Is Rising But Crude Oil Price Could Extend Losses
Gold price is showing a lot of positive signs above the $1,660 resistance area. Crude oil price is currently sliding and it might continue to move down below $45.50
Gold Price Technical Analysis
This past week, gold price corrected...
FXOpen Launches "Cryptomania" — A New Contest for Demo Accounts
FXOpen is launching "CryptoMania" - a new contest for demo accounts. Anyone can join the competition to test their ability in crypto trading. "CryptoMania" is a unique opportunity not only to gain invaluable trading experience...