FXOpen Trader

We will need to learn how to use the Market Trends correctly.

We can start learning about the Forex market trends and how it will work using the Demo Trading accounts of the FXOpen

We will need to choose Forex pairs that are easy to understand and use.

We can start learning about the Forex market trends and how it will work using the Demo Trading accounts of the FXOpen

We can start learning about the Forex market trends and how it will work using the Demo Trading accounts of the FXOpen

If we are using correct trading skills we can get more Profits also.

We will have to learn trading with the help of Better Trading systems.

We will need to spend more time into the markets.

We can get the benefits with the use of the PAMM systems.

We can start learning about the Forex market trends and how it will work using the Demo Trading accounts of the FXOpen

We should try to make more Efforts in learning about the markets.

Doing our trades in the International markets is not an easy task for us.

We will need to learn trading using own trading based skills.

We will need to make use of such kind of a Forex Broker which is Regulated and that is Truly International like FXOpen

We can make the profits with the help of the scalping systems.

We will need to choose a reliable trading based system.

We will need to develop more trading based Skills.

We will need to have some control over the Risks in our trades.

We must make more Efforts into the markets.

EUR/USD and USD/CHF Eye Steady Increase EUR/USD is struggling to clear the 1.0050 resistance zone. USD/CHF is rising and might climb higher towards the 0.9800 resistance zone. Important Takeaways for EUR/USD and USD/CHF The Euro is facing a strong resistance near the 1.0050 zone against the US Dollar. There is a key bearish trend line forming with resistance near 1.0035 on the hourly chart of EUR/USD. USD/CHF started a fresh increase after it cleared the 0.9680 resistance zone. There was a break above a key contracting triangle with resistance near 0.9682 on the hourly chart. EUR/USD Technical Analysis This past week, the Euro saw a major decline below the 1.0000 support against the US Dollar. The EUR/USD pair declined below the 0.9950 support level before the bulls appeared. The pair formed a base above the 0.9900 level and recently started an upside correction. There was a move above the 0.9920 and 0.9950 resistance levels. The pair climbed above the 1.0000 level and the 50 hourly simple moving average. EUR/USD Hourly Chart The pair traded above the 50% Fib retracement level of the downward move from the 1.0089 swing high to 0.9914 low. It is now consolidating above the 1.0020 level. An immediate resistance is near the 1.0040 level. There is also a key bearish trend line forming with resistance near 1.0035 on the hourly chart of EUR/USD. The next major resistance is near the 1.0050 level. It is near the 76.4% Fib retracement level of the downward move from the 1.0089 swing high to 0.9914 low. A clear move above the 1.0050 resistance zone could set the pace for a larger increase towards 1.0100. The next major resistance is near the 1.0150 zone. On the downside, an immediate support is near the 1.0000 level. The next major support is near the 0.9950 level. A downside break below the 0.9950 support could start another decline. VIEW FULL ANALYSIS VISIT - FXOpen Blog

Dear FTC participants and followers! FTC is a dynamic competition, and our standings are constantly changing, showing that anyone can become a winner if they apply their skills to the current market situation. Andrei Civga, who has recently set a new championship record, has been displaced by Seyit Altuntas from Turkey, who now ranks first in the championship. Also, a new participant joined the championship. Andrea Marenda from Switzerland is an avid and experienced trader. We wish each trader participating in the championship good luck and a confident performance. Join the FTC and compete with the best! Best Regards, ForexCup Team

Goals are Dreams brought to Life Get the Support for NEW Traders Understand in Details and Get the Answers from the Experienced Forex Traders and FXOpen Forum Members. Learn Forex Trading with FXOpen Forum #fxopenforum #forextrading #cryptotrading #learnforex Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

Failure, Loss are just Mile markers on the Road to Success The mindset of Gambling in the Forex Market Understand in Details and Get the Answers from the Experienced Forex Traders and FXOpen Forum Members. Learn Forex Trading with FXOpen Forum #fxopenforum #forextrading #cryptotrading #learnforex Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

It's not as gloomy as it looks! FTSE 100 down, but not as low as 6 months ago The stock market news over the past few days has been awash with coverage of the perceived low point to which the FTSE 100 index in the United Kingdom has fallen recently. At the close of trading on the London session on Friday last week, the FTSE 100, which is the index consisting of the 100 most prestigious blue-chip stocks of publicly listed companies on the London Stock Exchange, sat at 7,427.31 points. The overall view is that this close places it 'firmly in the red', which is certainly the case when looking at the past week in which, aside from a very sudden dip to 7,412 on Wednesday before a quick rebound, this close represents a 123 point downturn over the five day moving average. Commentary on the FTSE 100's current situation is generally centered around reports on the continual increase in inflation across many Western markets, and some conclusions are being drawn that activity across the Atlantic in the United States has had some negative effect as markets digest the Fed's response to rising inflation at the Jackson Hole central bank meet. However, the whilst there is certainly a current dip over the short term in the buoyancy of the FTSE 100 index, when looking over a six month period, a different picture emerges. At the beginning of August, just three weeks ago, the FTSE 100 index was trading at 7,409 which is considerably lower than the close on Friday last week which has drawn so much attention. Back in March, it was down to 6,959 which is a transgression of the 7,000 mark which the FTSE 100 index has been trading above since the middle of 2021 when it rallied and all eyes were focused on the 7,000 point value which was a milestone. In the middle of 2021, there were schools of thought which considered that thee FTSE 100 could sustain a move higher than the 7,000 mark due to the inflows from foreign investors. Ever since Brexit in 2016, there has been a reluctance of foreign investors (private and institutional) to allocate money towards the FTSE 100 and other UK assets. The reduction in uncertainty had been helped by the Brexit deal in late 2020. Therefore, when considering the overall situation which surrounds the value of the FTSE 100 index, there is certainly a fair amount of volatility, and certain industry sectors which have a number of companies listed on the FTSE 100 index such as the airline industry, have been experiencing a significant amount of disruption recently, however the overall picture over a longer term does not look anywhere near as gloomy as the current mood suggests. What it does show is that volatility has been sustained in the usually steady index and has been present for quite some time now. VIEW FULL ANALYSIS VISIT - FXOpen Blog

GBP/USD Nosedives While USD/CAD Gains Strength GBP/USD accelerated lower below the 1.1850 and 1.1750 support levels. USD/CAD is surging and could continue to rise above the 1.3075 resistance zone. Important Takeaways for GBP/USD and USD/CAD The British Pound started a major decline below the 1.1850 support zone. There is a key bearish trend line forming with resistance near 1.1830 on the hourly chart of GBP/USD. USD/CAD started a fresh increase above the 1.3000 resistance zone. There was a break above a major bearish trend line with resistance near the 1.2970 on the hourly chart. GBP/USD Technical Analysis After a strong rejection near 1.2000, the British Pound started a fresh decline against the US Dollar. GBP/USD declined heavily below the 1.1920 support zone. There was a move below the 1.1850 support zone and the 50 hourly simple moving average. The pair even traded below the 1.1750 support zone and formed a low near 1.1655. It is now consolidating losses above the 1.1650 level. GBP/USD Hourly Chart An immediate resistance is near the 1.1710 level. It is near the 23.6% Fib retracement level of the downward move from the 1.1900 swing high to 1.1655 low. The next key resistance is near the 1.1780 level. It is near the 50% Fib retracement level of the downward move from the 1.1900 swing high to 1.1655 low. The main resistance is now forming near the 1.1820 zone. Besides, there is a key bearish trend line forming with resistance near 1.1830 on the hourly chart of GBP/USD. If there is an upside break above the 1.1820 zone, the pair could rise towards 1.1900. The next key resistance could be 1.1950, above which the pair could gain strength. On the downside, an initial support is near the 1.1650 area. The first major support is near the 1.1620 level. If there is a break below 1.1620, the pair could extend its decline. The next key support is near the 1.1550 level. Any more losses might call for a test of the 1.1500 support. VIEW FULL ANALYSIS VISIT - FXOpen Blog