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FXOpen - True - ECN - Regulated Broker FXOpen has been offering Forex brokerage services since 2005 and is currently one of the most successful and fastest-growing Forex brokers. Trade with a Global Broker and enjoy attractive trading conditions and innovative technological solutions. We have 16 years of Excellence in serving Retail, Professional and Institutional clients. FXOpen companies across the world FXOpen - United Kingdom FXOpen - Europe FXOpen - Australia FXOpen Markets - International FXOpen #fxopen #fxopeneu #fxopenau #fxopenuk Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

EUR/USD Tumbles While EUR/JPY Gains Bullish Momentum EUR/USD remained in a bearish zone below 1.0000. EUR/JPY is rising and there was a clear move above the 142.00 resistance zone. Important Takeaways for EUR/USD and EUR/JPY The Euro started a major decline below the 1.0000 and 0.9980 support levels. There is a key bearish trend line forming with resistance near 0.9940 on the hourly chart. EUR/JPY started a fresh increase and jumped above the 142.00 resistance. There is a major bullish trend line forming with support near 141.60 on the hourly chart. EUR/USD Technical Analysis The Euro failed to start a steady recovery wave above the 1.0000 resistance against the US Dollar. The EUR/USD pair remained in a bearish zone and traded below the 0.9950 support. There was a clear move below the 0.9940 level and the 50 hourly simple moving average. The pair even settled below the 0.9940 level. A low was formed near 0.9864 on FXOpen and the pair is now consolidating losses. EUR/USD Hourly Chart The pair recovered above 0.9900 and the 38.2% Fib retracement level of the downward move from the 0.9986 swing high to 0.9864 low. However, the bears were active near the 0.9925 level and the 50 hourly simple moving average. They protected gains above the 50% Fib retracement level of the downward move from the 0.9986 swing high to 0.9864 low. There is also a key bearish trend line forming with resistance near 0.9940 on the hourly chart. On the upside, the pair is facing resistance near the 0.9925 level and the 50 hourly simple moving average. The next major resistance is near the 0.9940 level. A clear move above the 0.9940 resistance might send the price towards 0.9980. If the bulls remain in action, the pair could revisit the 1.0050 resistance zone in the near term. On the downside, the pair might find support near the 0.9865 level. The next major support sits near the 0.9820 level. If there is a downside break below the 0.9820 support, the pair might accelerate lower in the coming sessions. VIEW FULL ANALYSIS VISIT - FXOpen Blog... Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

Changes in Trading Hours During Mid-Autumn Festival in Hong Kong Dear Traders, Due to the forthcoming Mid-Autumn Festival public holiday in Hong Kong, trading hours for the Hang Seng Index will be changed on September 9, 12, and 13. Please see the schedule below and consider this information as you plan your trading (all times given are GMT+3). Hong Kong 50 (#HSI): Friday, September 9: trading session closes at 22:00; Monday, September 12: trading closed; Tuesday, September 13: trading session opens at 04:15. All other financial instruments will be traded without changes. Please consider these changes when planning your trading activities. VIEW FULL NEWS VISIT - FXOpen Company News...

British Pound at 20 year low as new Prime Minister takes office The somewhat lethargic attempt to replace outgoing Prime Minister of the United Kingdom Boris Johnson has come to an end, and Liz Truss has been inaugurated by the current government as the Prime Minister who will replace Boris Johnson. The result of this selection process concluded yesterday to a varied discourse among the business community and the electorate, however it has been marked by the already flagging British economy having reached an unenviable milestone, this being the British Pound having sunk to its lowest point in 20 years. Although the value of the Pound against its major peers turned around on Monday, reversing some of its earlier losses to return to the flatline, it still languishes at 1.16 against the US Dollar today, having risen only slightly from the upper end of the 1.15 range yesterday which is its lowest value in two whole decades. Faced with inflation that may reach 20% by January, and a total lack of confidence in the economic conditions in the United Kingdom by many investors and a large proportion of the cash-strapped public who have seen the national coffers plundered during the period in which Boris Johnson was in office to the tune of hundreds of billions on lockdown-related schemes, green initiatives and his voluntary involvement in the geopolitical turmoil facing Russia and Ukraine. It appears that the overall global FX market has become used to the similarly escalating levels of inflation across Europe and North America, and have begun to focus on specific differences between these economic centers rather than on a common issue surrounding inflation which affects all of the West relatively equally. Therefore, the volatility in the currency markets that is surrounding the majors is stemming from another set of metrics, because if it was all about inflation, there would be similar considerations on all currencies and therefore not much volatility. The Eurozone has managed to stay ahead during the period at which the Pound has been tanking, and the US Dollar has been the strong currency to measure the extent to which the Pound has been tanking. Uncertainty looms as the relatively unproven Liz Truss takes office, her views already having been cast on involvement in the Ukraine/Russia political situation where she rather rashly stated that she would like to 'destroy the Russian economy'. Not really the words that should be coming from an elected official. In fact, the sanctions have strengthened the ruble, and created extreme demand for oil, therefore adding to the economic woes faced by Western markets. These are uncertain times, and as summer gives way to autumn, all eyes are on energy prices, the affordability of domestic heating in the winter being another major factor toward the weakening of the Pound. Volatility is abound, folks! VIEW FULL ANALYSIS VISIT - FXOpen Blog...

BTCUSD and XRPUSD Technical Analysis – 06th SEP 2022 BTCUSD: Triple Bottom Pattern Above $19574 Bitcoin was unable to sustain its bearish momentum and after touching a low of 19574 on 01st Sep, it has entered a consolidation channel above the $19000 handle today in the European Trading session. The price of bitcoin continues to move in a narrow consolidation pattern suggesting that we have touched the bottom, and it is now ready for a bullish reversal trend. Such a movement also suggests that we are in a phase before a bullish rally could be seen in the markets. We have also seen a bullish opening gap underpinning the markets this week. We can clearly see a triple bottom pattern above the $19574 handle which is a bullish reversal pattern because it signifies the end of a downtrend and a shift towards an uptrend. Bitcoin touched an intraday low of 19703 in the Asian trading session and an intraday high of 20161 in the European trading session today. Both the STOCH and Williams percent range are indicating overbought levels which means that in the immediate short term, a decline in the prices is expected. The relative strength index is at 58 indicating a STRONG demand for bitcoin at the current market levels and the continuation of the buying pressure in the markets. Bitcoin is now moving above its 100 hourly simple moving average and below its 200 hourly exponential moving averages. All of the major technical indicators are giving a STRONG BUY signal, which means that in the immediate short term, we are expecting targets of 20500 and 22000. The average true range is indicating HIGH market volatility with a strong bullish momentum. Bitcoin: bullish reversal seen above $19574 The STOCHRSI is indicating neutral levels The price is now trading just above its pivot level of $19933 Most of the moving averages are giving a STRONG BUY market signal Bitcoin: Bullish Reversal Seen Above $19574 The price of Bitcoin dipped to a low of 19574 after which we can see some buying support and a move towards the consolidation phase in the markets above the $19500 handle. The adaptive moving average AMA20 is giving a bullish trend reversal signal in the 4-hour time frame. We can see the formation of a bullish harami cross pattern in the 1-hour time frame indicating the underlying bullish nature of the markets. We have also detected the formation of a bullish harami pattern in both the daily and 1-hour time frames indicating the bullish scenario. The immediate short-term outlook for bitcoin is bullish, the medium-term outlook has turned neutral, and the long-term outlook remains neutral under present market conditions. Bitcoin’s support zone is located at $19000 and the prices continue to remain above these levels for the continuation of the bullish reversal in the markets. The price of BTCUSD is now facing its classic resistance level of 19989 and Fibonacci resistance level of 20070 after which the path towards 21000 will get cleared. In the last 24hrs, BTCUSD has increased by 1.03% by 202$ and has a 24hr trading volume of USD 33.957 billion. We can see an increase of 23.80% in the trading volume as compared to yesterday, which appears to be normal. The Week Ahead The prices of Bitcoin are moving in a consolidation zone above the $19500 level. At present the bearish outlook has been invalidated with a continuous buying at levels above $19600. The 10-Year bitcoin trendline is in place with the next targets spotted at levels above $28000. We can see that the market is trying to build a momentum which can continue to hold up to the $25000 level in the medium term. The daily RSI is printing at 38 which indicates a eeak demand from the long-term investors. The prices of BTCUSD will need to remain above the important support levels of $19500 this week. The weekly outlook is projected at $21500 with a consolidation zone of $20500. Technical Indicators: The moving averages convergence divergence (12,26): is at 32.10 indicating a BUY The ultimate oscillator: is at 54.23 indicating a BUY The rate of price change: is at 1.018 indicating a BUY The commodity channel index (14 days): is at 97.59 indicating a BUY VIEW FULL ANALYSIS VISIT - FXOpen Blog...

British Pound hits 5-year low against US Dollar It is not often, nor prudent, to use superlatives to describe the movements of major currencies against each other, however today it can certainly be a time when a superlative is appropriate do describe the performance of the British Pound and its seemingly unstoppable race to the bottom. Using the word 'tanking' to define the performance of a national economy or currency is somewhat drastic, but in recent weeks, the British Pound certainly has been tanking. And tank it did again this morning. As the markets open in London today, the British Pound begins the day at 1.15 against the US Dollar, representing the lowest value that it has reached in more than five years. In March 2020, when incumbent Prime Minister Boris Johnson and his now infamous aides Chris Whitty and Matt Hancock rolled out the yellow booths and continued to justify their draconian lockdowns which decimated the economy, the British Pound's value only reached a low point of 1.23 against the US Dollar, which is still considerably higher than its value today. Given that the lockdowns took place in other Western countries at the same time, it is important to note that the British government frittered away over £400 billion of national funds on white elephant projects to keep people out of their places of employment such as furlough, state-backed loans to small businesses and Orwellian track and trace systems. This emptied the coffers and along with the almost two years of disrupted industry and low productivity as well as a continuing apathy in which tens of thousands of employees are still not going to their offices, the piper now has to be paid. The British government got itself involved in the geopolitical activity in Russia and Ukraine, and in doing so created its position as an 'unfriendly' country to oil producing Russia, meaning a massive rise in energy prices, although this was mainly a knock-on effect from mainland Europe which relies on Russia for 40% of its natural gas whereas the UK only relies on Russia for less than 10%. Even so, this situation has created high energy prices, and let's not forget that over 30 energy firms exited the UK market in the third quarter of 2021, many of them having entered administration, creating a market which lacks competition. The cost of living crisis and spiraling inflation, unaffordable energy bills and low productivity has now created the bearish sentiment in the minds of investors and traders, and the British Pound languishes at a very low point. It would of course be easy to state that the United States had lockdowns too, and that it also is intent on showing that it wishes to prolong hostilities with Russia, however some US states had no lockdowns at all (Florida and Texas, two of the most populous and highly industrialized states in the Union being two of them), and the productivity levels in the United States are still high. Yes, inflation is still at its highest point since the 1980s but it is nowhere near as high as that in most mainland European nations, and certainly not as high as that in the United Kingdom which, according to some commercial bank analysts is heading for 18% or more by January this year, with interest rates possibly rising from 1.75 to over 7% next year. Should that occur, there will likely be an unsustainability in repayment of domestic and commercial loans, hence the lack of confidence in the Pound and general performance of the British economy in the immediate future. The question is, will we see parity? VIEW FULL ANALYSIS VISIT - FXOpen Blog...

GBP/USD and GBP/JPY Could Extend Losses GBP/USD started a major decline and traded below 1.1500. GBP/JPY is consolidating above the 160.80 support, with a bearish angle. Important Takeaways for GBP/USD and GBP/JPY The British Pound started a major decline below the 1.1620 support against the US Dollar. There is a major bearish trend line forming with resistance near 1.1520 on the hourly chart of GBP/USD. GBP/JPY declined steadily after it failed to clear the 162.50 resistance zone. There was a break below a key bullish trend line with support near 161.15 on the hourly chart. GBP/USD Technical Analysis This past week, the British Pound started a major decline from the 1.1880 zone against the US Dollar. The GBP/USD pair declined below the 1.1800 support to move into a bearish zone. There was a steady decline below the 1.1700 level and the 50 hourly simple moving average. The pair even traded below the 1.1620 support zone. The pair traded as low as 1.1460 on FXOpen and is currently consolidating losses. GBP/USD Hourly Chart An immediate resistance on the upside is near the 1.1510 level. It is near the 38.2% Fib retracement level of the recent decline from the 1.1588 swing high to 1.1460 level. The next major resistance is near the 1.1520 level and the 50 hourly simple moving average. There is also a major bearish trend line forming with resistance near 1.1520 on the hourly chart of GBP/USD. The trend line is near the 50% Fib retracement level of the recent decline from the 1.1588 swing high to 1.1460 level. An upside break above 1.1520 might start a fresh increase towards 1.1550. Any more gains might call for a move towards 1.1585 or even 1.1620. An immediate support is near the 1.1460. The next major support is near the 1.1400 level. If there is a break below the 1.1400 support, the pair could test the 1.1350 support. Any more losses might send GBP/USD towards 1.1300. VIEW FULL ANALYSIS VISIT - FXOpen Blog...

Gold Price Dives While Crude Oil Price Keeps Struggling Gold price started a fresh decline below the $1,720 support zone. Crude oil price is also struggling and remains at a risk of more losses. Important Takeaways for Gold and Oil Gold price started a fresh decline after it failed to stay above $1,735 against the US Dollar. There is a key bearish trend line forming with resistance near $1,705 on the hourly chart of gold. Crude oil price also started a steady decline from the $97.25 zone. There was a break below a couple of bullish trend lines with support near $94.80 and $91.90 on the hourly chart of XTI/USD. Gold Price Technical Analysis Gold price attempted to gain pace above the $1,760 level against the US Dollar. However, the price failed to stay above $1,750 and started a fresh decline. There was a clear move below the $1,735 support zone and the 50 hourly simple moving average. The price declined below the $1,720 level to move into a short-term bearish zone. The decline gained pace below the $1,700 level. Gold Price Hourly Chart The price traded as low as $1,688 and is currently consolidating losses. On the upside, the price is facing resistance near the $1,700 level. It is near the 38.2% Fib retracement level of the recent decline from the $1,723 swing high to $1,688 low. The main resistance is now forming near the $1,705 level. There is also a key bearish trend line forming with resistance near $1,705 on the hourly chart of gold. The trend line is near the 50% Fib retracement level of the recent decline from the $1,723 swing high to $1,688 low. A close above the $1,705 level could open the doors for a steady increase towards $1,720. A clear upside break above the $1,720 resistance could send the price towards $1,735. An immediate support on the downside is near the $1,692 level. The next major support is near the $1,688 level, below which there is a risk of a larger decline. In the stated case, the price could decline sharply towards the $1,665 support zone. VIEW FULL ANALYSIS VISIT - FXOpen Blog

ETHUSD and LTCUSD Technical Analysis – 01st SEP, 2022 ETHUSD: Bearish Engulfing Pattern Below $1721 Ethereum was unable to sustain its bullish momentum and after touching a high of 1721 on 25th Aug started to decline against the US dollar, coming down below the $1500 handle on 29th Aug. We can see heavy selling pressure in Ethereum because of which it continued its decline touching a low of $1424. We can clearly see a bearish engulfing pattern below the $1721 handle which is a bearish pattern and signifies the end of a bullish phase and the start of a bearish phase in the markets. ETH is now trading just above its pivot level of 1541 and is moving into a strong bearish channel. The price of ETHUSD is now testing its classic support level of 1522 and Fibonacci support level of 1536 after which the path towards 1500 will get cleared. The relative strength index is at 40 indicating a WEAK demand for Ether and the continuation of the downtrend in the markets. We can see the adaptive moving average bearish crossover pattern in AMA20 and AMA50 indicating a bearish trend reversal in the 30-minutes time frame. Both the STOCHRSI and Williams percent range are indicating an OVERSOLD market, which means that the prices are expected to correct upwards in the short-term range. Most of the technical indicators are giving a STRONG SELL market signal. Most of the moving averages are giving a STRONG SELL signal and we are now looking at the levels of $1450 to $1500 in the short-term range. ETH is now trading above both its 200 hourly simple and exponential moving averages. Ether: bearish reversal seen below the $1721 mark The short-term range appears to be strongly BEARISH ETH continues to remain below the $1600 level The average true range is indicating LESS market volatility Ether: Bearish Reversal Seen Below $1721 ETHUSD is now moving into a strong bearish channel with the price trading below the $1600 handle in the European trading session today. ETH touched an intraday low of 1534 and an intraday high of 1583 in the Asian trading session today. The movements remain range-bound between the $1500 and $1600 levels. The MACD has crossed down its moving average in the 4-hour time frame indicating the underlying bearish nature of the markets. We can see the formation of a bearish harami pattern in the 30-minute time frame which indicates that now we are heading towards the $1500 mark. The daily RSI is printing at 45 indicating a neutral demand in the long-term range. Ethereum continues to move into a falling trend channel which is expected to continue in the short-term range. The key support levels to watch are $1400 and $1420 and the prices of ETHUSD need to remain above these levels for any potential bullish reversal in the markets. ETH has decreased by 1.56% with a price change of 24$ in the past 24hrs and has a trading volume of 17.680 billion USD. We can see a decrease of 24.09% in the total trading volume in the last 24 hrs which appears to be normal. The Week Ahead We can see a continuous progression of a bearish trendline formation from 1721 towards the 1459 level. The price of Ethereum is now testing its support zone located at $1400 and we are likely to witness a rally in the prices once it touches these levels. The immediate short-term outlook for Ether has turned strongly BEARISH, the medium-term outlook has turned NEUTRAL, and the long-term outlook for Ether is NEUTRAL in present market conditions. The prices of ETHUSD will need to remain above the important support level of $1400 this week. The weekly outlook is projected at $1500 with a consolidation zone of $1400. Technical Indicators: The relative strength index (14): at 40.90 indicating a SELL The moving averages convergence divergence (12,26): at -5.39 indicating a SELL The rate of price change: at -2.28 indicating a SELL The ultimate oscillator: at 47.37 indicating a SELL VIEW FULL ANALYSIS VISIT - FXOpen Blog

Trading Hours Schedule for the US Labour Day Dear Traders, Due to the Labour Day in the US on 5th September, you will experience the following changes in the trading hours schedule (all times are GMT+3): Monday, September 5 Commodities CFD's: XAUUSD (Gold): trading till 20:30; XAGUSD (Silver): till 20:30; XBRUSD (UK Brent): till 20:15; XTIUSD (US Crude): till 20:15; XNGUSD (US Natural Gas): till 20:15. Indices CFD's: Europe 50 (#ESX50): till 23:00; France 40 (#FCHI): till 23:00; Germany 30 (#GDAXIm): till 23:00; Hong Kong 50 (#HSI): till 22:00; Japan 225 (#J225): till 20:00; UK100 (#UK100): till 23:00; US SPX 500 (#SPXm): till 20:00; US Tech 100 (#NDXm): till 20:00; Wall Street 30 (#WS30m): till 20:00. Stock CFD's: trading closed. All other financial instruments will be traded without changes. Please consider these changes when planning your trading activities. VIEW FULL NEWS VISIT - FXOpen Company News... Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

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I am doing my Forex Trading with the International Forex Broker FXOpen Markets and they have Fast Deposits and Withdrawals

I am doing my Forex Trading with the International Forex Broker FXOpen Markets and they have Fast Deposits and Withdrawals

I am doing my Forex Trading with the International Forex Broker FXOpen Markets and they have Fast Deposits and Withdrawals