Search results

Volatility Leads To Pessimism Around UK's FTSE 100 Index During the past few weeks, the FTSE 100 index, which consists of the stocks of the 100 most prestigious and well-established large corporations listed on the London Stock Exchange, has been somewhat volatile. The foray into the new year...

Watch FXOpen's 05 - 09 February Weekly Market Wrap Video Weekly Market Wrap With Gary Thomson: S&P 500, CAD, GBP/USD, AMZN Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of -FXOpen UK, as he breaks down the most significant news...

Bitcoin Recovers to January 11 Prices When ETFs Were Approved Waiting for SEC regulatory approval of applications to create a Bitcoin ETF was an important driver of Bitcoin price growth at the end of 2023. However, when applications were actually approved on January 11, 2024 (here is what we...

USD/JPY Reaches 10-week High amid Statements by Head of Bank of Japan Bank of Japan Governor Kazuo Ueda said today that there is a high likelihood that accommodative monetary conditions will continue even after the bank ends its negative interest rate policy — an event that is expected as...

Market Analysis: AUD/USD Struggles While NZD/USD Grinds Higher AUD/USD is declining below the 0.6540 support zone. NZD/USD is rising and could extend its increase above the 0.6130 resistance zone. Important Takeaways for AUD USD and NZD USD Analysis Today The Aussie Dollar started a fresh...

EURUSD Technical Analysis – 09th FEB, 2024 EURUSD – Bullish Price Crossover Pattern EURUSD is moving in a mild bullish momentum after crossing the 1.0770 levels as the prices are ranging near the support of the channel in the 15-minutes timeframe. We can also see that the MACD has crossed UP...

AUDUSD Technical Analysis – 09th FEB, 2024 AUDUSD – Bullish Trend Reversal AUDUSD has resumed its Uptrend from its lows of 0.6468 on 05th Feb in the 1-hourly timeframe. The Adaptive Moving Averages AMA20 and AMA50 both are giving a Bullish trend reversal signal. We can see that the prices are...

GBPUSD Technical Analysis – 08th FEB, 2024 GBPUSD – Aroon indicator bullish trend GBPUSD has resumed its Uptrend from its lows of 1.2518 on 05th Feb in the 1-hourly timeframe. The Aroon indicator is giving a bullish trend formation with immediate targets of 1.2660 after which we can see some...

EURUSD Technical Analysis – 06th FEB, 2024 EURUSD – Resistance of the Channel is Broken EURUSD has broken the resistance of the channel in the 1-hourly timeframe. We can see the formation of an Uptrend with the immediate targets of 1.0770 today. We can see the formation of Bullish price...

Daily Market Analytics - Forex Dear Traders, Here i will be posting the Daily Market Analytics in the Forex pairs listed below: EURUSD GBPUSD AUDUSD NZDUSD USDCAD USDCHF USDJPY EURJPY GBPJPY EURGBP I am using the Candlestick patterns and Major Technical indicators for this...

to be updated...

Market Analysis: EUR/USD Struggles, USD/JPY Could Extend Gains EUR/USD started another decline from the 1.0915 resistance. USD/JPY surged and broke the 148.00 resistance zone. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro started a fresh decline below the 1.0880...

S&P 500 Trades at Record Highs, Further Adding to US Stock Bonanza Who would have thought it? Two years ago, in the grip of spiralling inflation and a considerable lull in the value of various stock market indices with major North American companies being key contingents, when financial...

The Price of Bitcoin Has Dropped Below 40,000: What's Next? The value of the main cryptocurrency has fallen below the psychological mark for the first time since December 4th of last year. According to on-chain metrics services, the decline in the price of Bitcoin on cryptocurrency exchanges...

Currencies Consolidate Awaiting Bank of Canada and ECB Verdicts The last full trading week of January is highly saturated with important fundamentals. This morning, the Bank of Japan held its meeting, tomorrow, the Bank of Canada will announce its verdict, and on Thursday, the ECB's press...

USD/JPY: The Yen Pauses in Anticipation of the Bank of Japan's Decision In 2024, the yen has significantly depreciated against other currencies. The USD/JPY chart indicates that since the first trading day of January, the exchange rate has risen by more than 5%. However, since the 18th, there...

Microsoft Is at All-Time High Despite Boardroom Email Hack Claim Microsoft Corporation is one of the longer established publicly listed high-technology companies within the North American 'big tech' industry. Its foundation pre-dates the wave of internet giants that rose to prominence at the...

EUR/USD, GBP/USD, USD/JPY Analysis: The Dollar Is Weakening Against the Euro and Pound Recent economic data and comments from Federal Reserve representatives have dampened expectations of a rapid interest rate cut. More optimistic than expected consumer sentiment data added to the list of...

Watch FXOpen's 15 - 19 January Weekly Market Wrap Video Weekly Market Wrap with Gary Thomson: UK100 DROPS 1.5%, USD RISES, OPEC’S FORECASTS, MICROSOFT SURPASSES APPLE Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as...

FTC 2023 Final Standings: Celebrating Our Champions As the 2023 ForexCup Trading Championship concludes, we are pleased to announce our distinguished winners and celebrate their remarkable achievements. 1. Seyit Altuntas. Total gain: 2430.24% Taking the coveted first place, Seyit Altuntas...