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Gold price and Crude Oil price could rise further Gold price is trading in a strong uptrend above the $1,500 support area. Crude oil price is also likely to gain bullish momentum once it clears the key $55.50 resistance area. Gold Price Technical Analysis Earlier this week, gold price surged...

EUR/USD Could Decline While USD/JPY Is Climbing EUR/USD is struggling to gain momentum above the 1.1220 and 1.1240 resistance levels. USD/JPY climbed higher recently and it remains supported on dips above 106.00. EUR/USD Technical Analysis The Euro formed a decent support base near the 1.1080...

GBP/USD and EUR/GBP: British Pound Extending Losses GBP/USD remained in a significant downtrend and declined below the 1.2100 support. EUR/GBP is trading with a bullish bias with a strong support near 0.9250. GBP/USD Technical Analysis The British Pound faced a solid rise in selling pressure...

AUD/USD and NZD/USD Sighting Strong Recovery AUD/USD started a decent recovery from the 0.6677 swing low and traded above 0.6750. Similarly, NZD/USD is now attempting an upside break above the 0.6500 resistance. AUD/USD Technical Analysis Earlier this week, there was a strong decline in the...

EUR/USD Climbing Higher While USD/CHF Is Facing Hurdles EUR/USD started a solid recovery from the 1.1040 area and climbed above 1.1150. Conversely, USD/CHF declined heavily and settled below the key 0.9800 support area. EUR/USD Technical Analysis This past week, the Euro declined heavily...

GBP/USD could recover, USD/CAD remains supported GBP/USD declined heavily this past week below the 1.2250 support area. USD/CAD is climbing higher and remains well supported above the 1.3200 level. GBP/USD Technical Analysis The British Pound started a strong decline from well above the 1.2400...

Gold price could bounce back while Crude Oil price is facing hurdle Gold price climbed higher sharply from the $1,400 support area and is currently correcting lower. Conversely, crude oil price is under pressure and is facing hurdles. Gold Price Technical Analysis Earlier this week, gold...

EUR/USD Correcting Losses, USD/JPY Remains In Uptrend EUR/USD declined heavily and recently started an upside correction from the 1.1110 support area. USD/JPY is trading in a solid uptrend and it could continue to rise above 108.80 and 109.00. EUR/USD Technical Analysis The Euro declined...

FXOpen broker invites traders to take part in a regular contest on demo accounts and to try their strength in cryptocurrency trading. “The Lord of the Crypto” is a free demo contest for crypto fans. The contest will last for four weeks from August 12 till September 6. The winners will receive...

GBP/SD and EUR/GBP: British Pound Turned Bearish GBP/USD declined heavily below the key 1.2480 and 1.2425 support levels. EUR/GBP is currently climbing higher and it could even climb above the 0.9000 resistance area. GBP/USD Technical Analysis The British Pound failed to hold gains above the...

EUR/JPY and GBP/JPY Signaling More Upsides The Euro and British Pound traded higher this week against the Japanese Yen. Both EUR/JPY and GBP/JPY are correcting lower, but dips remain well supported. EUR/JPY Technical Analysis Earlier this week, the Euro declined steadily below the 121.00...

EUR/USD Tumbles While USD/CHF Is Rising Steadily EUR/USD declined below the key 1.1205 support area to move into a significant downtrend. Conversely, USD/CHF is climbing higher steadily and recently broke the 0.9850 resistance area. EUR/USD Technical Analysis The Euro topped above the 1.1270...

GBP/USD and USD/CAD Showing Positive Signs GBP/USD traded higher and recently broke the 1.2500 resistance level. USD/CAD is consolidating in a broad range and it seems like it could rise in the coming sessions. GBP/USD Technical Analysis The British Pound declined heavily this past week and...

Gold price rising while Crude Oil price struggling to recover Gold price remained in a positive zone and traded above the $1,420 and $1,430 resistance levels. Crude oil price declined recently and tested the key $55.00 support area. Gold Price Technical Analysis Gold price formed a strong...

43% of FXOpen clients are profitable Almost a year has passed since the new rules for European brokers working with private traders entered into force. The Finance Magnates editors analyzed how the profitability indicators of retail broker clients changed. Profitability rates As you can see...

EUR/USD and USD/JPY Facing Major Hurdles EUR/USD started a major drop from the 1.1285 resistance zone. USD/JPY is currently trading above 108.00 and it is facing a lot of hurdles near the 108.30 and 108.50 levels. EUR/USD Technical Analysis The Euro failed to continue above the 1.1285 level...

GBP/USD and EUR/GBP: British Pound remains supported GBP/USD gained traction and climbed above the 1.2500 and 1.2550 resistance levels. EUR/GBP declined below 0.8980 and it seems like it could continue to correct lower. GBP/USD Technical Analysis The British Pound formed a strong support base...

AUD/USD and NZD/USD Signaling Upside Continuation AUD/USD found support above the 0.6900 level and recently climbed above 0.6950. Similarly, there were decent gains in NZD/USD above the 0.6600 and 0.6640 resistance levels. AUD/USD Technical Analysis In the past few days, the Aussie Dollar...

EUR/USD bleeding while USD/CHF is climbing to parity EUR/USD started a major decline and broke the key 1.1280 and 1.1220 support levels. Conversely, USD/CHF climbed higher and it seems like it could soon test 1.0000. EUR/USD Technical Analysis The Euro failed to stay above the 1.1350 level...

GBP/USD and USD/CAD Showing Signs Of Weakness GBP/USD started a major decline after it failed to surpass the 1.2750 resistance area. USD/CAD is also trading in a bearish zone and it could struggled to climb above 1.3120. GBP/USD Technical Analysis The British Pound failed to extend gains...