FXOpen Spread The World

radex78

Active Member
Changes to Trading Hours on US Memorial Day and UK Spring Bank Holiday

Dear Traders,

Please, note that on May 25th, 2020 trading hours for CFDs will be limited due to Memorial Day in the US and UK Spring Bank Holiday.



Trading hours will be changed as follows:
  • Metals - trading ends at 20:00;
  • Oil and natural gas - trading ends at 19:45;
  • Indices:
    • Japan 225 - trading ends at 20:00;
    • US SPX 500 - trading ends at 20:00;
    • US Tech 100 - trading ends at 20:00;
    • Wall Street 30 - trading ends at 20:00;
    • UK 100 (#UK100) - trading closed.

All other instruments will be traded as usual, without changes.

Please take these changes into consideration when planning your trading activities during the upcoming week.

Follow the updates on Facebook, Twitter dan Telegram.

FXOpen Customer Service
E-mail: support@fxopen.com
Live Chat (24/5)

Read more...

Subscribe our FXOpen Youtube Channel

FXOpen
FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
Open account//Join FXOpen
 

radex78

Active Member
Important oil market update

Dear Traders,

Due to the unprecedented global situation and increased market volatility we need to inform you of some important changes to our Oil markets (US Crude XTIUSD and UK Brent XBRUSD).




Due to the possibility of oil falling to negative prices again, many platforms are unable to show these negative prices.

With immediate effect and until further notice, should the price of XTIUSD or XBRUSD fall to $5.50, that market will be suspended and all open positions in that market will be automatically closed at the best possible prices in the market.

Please take this information into account when making trading decisions and we will inform you of any changes to this situation.


Follow the updates on Facebook, Twitter dan Telegram.

FXOpen Customer Service
E-mail: support@fxopen.com
Live Chat (24/5)


Subscribe our FXOpen Youtube Channel

FXOpen
FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
Open account//Join FXOpen
 

radex78

Active Member

STRONG DEMAND FOR DOLLARS CONTINUES

Strong Demand for Dollars Continues
The USD surged across the board since the coronavirus pandemic outbreak with no sign that things will change anytime soon. Why is it that investors prefer the USD, even though all the Fed actions lately are designed to weaken it? The answer comes from how the monetary policy transmission mechanism works and from the key role of the USD in the international financial system.
Before the current health crisis, the Fed just finished a tightening cycle. It delivered three rate cuts as mid-cycle adjustment, as it reached its mandate of price stability and 2% inflation.
Meanwhile, the rest of the developed world was near the zero level with the interest rates. At one point, the United States had the highest interest rate in the developed world. Naturally, the demand for USD surged, as Bank of Japan or the European Central Bank had (still have) negative interest rates.
The health crisis caught everyone by surprise. From central banks to governments, from emerging to developing economies – everyone turned to safety. In the world’s financial markets, safety equates the USD.

Read more on #FXOpen blog: https://bit.ly/2ThdeLa

#forextrading #forexmarket #tradehome #Stayhomeandtrade #financialnews

Follow the updates on Facebook, Twitter dan Telegram.

FXOpen Customer Service
E-mail: support@fxopen.com
Live Chat (24/5)


Subscribe our FXOpen Youtube Channel

FXOpen
FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
Open account//Join FXOpen
 

radex78

Active Member

LTC AND EOS – ASCENDING TREND LINES BROKEN, DOWNSIDE EXPECTED

LTC/USD

From last week’s low at $41.72 made on Friday the price of Litecoin has increased by 11.71% measured to the highest point on Monday which was at $46.61. Since then we have seen a decrease of 7.78% as the price fell to $43 area yesterday but made a minor recovery and is currently being traded around $43.6.

EOS/USD

From Monday’s high at $2.75 the price of EOS has decreased by little below 8% as it came down to $2.53 yesterday. After a slight recovery to $2.6 it’s currently being traded lower at around $2.56 and is in a downward trajectory.

Read more on #FXOpen blog: /bit.ly/2TosZ2U



#Stayhomeandtrade #LTCUSD #EOSUSD #blockchain #forex #crypto #EOS #LTC

Follow the updates on Facebook, Twitter dan Telegram.

FXOpen Customer Service
E-mail: support@fxopen.com
Live Chat (24/5)


Subscribe our FXOpen Youtube Channel

FXOpen
FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
Open account//Join FXOpen
 

radex78

Active Member
Trading Conditions for France 40 Equity Index CFD

Dear Traders,

We'd like to inform you that due to the short-selling ban in France being lifted, on May 19, FXOpen have removed the previous restrictions in trading the France 40 Equity Index CFD.



Please consider these changes when planning your trading activities.

Read more...

Follow the updates on Facebook, Twitter dan Telegram.

FXOpen Customer Service
E-mail: support@fxopen.com
Live Chat (24/5)


Subscribe our FXOpen Youtube Channel

FXOpen
FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
Open account//Join FXOpen
 

radex78

Active Member
Win up to $5,000 in "Money Managers", a contest for real PAMM accounts

FXOpen and ForexCup are launching "Money Managers", a competition on real PAMM accounts, and inviting traders to take part in the competition. Become a winner of huge money prizes for a total of $10,000. The competition starts on June 1st, 2020. The registration will be open another month after the start of the competition until June 30th.




Read more...


Follow the updates on Facebook, Twitter dan Telegram.

FXOpen Customer Service
E-mail: support@fxopen.com
Live Chat (24/5)


Subscribe our FXOpen Youtube Channel

FXOpen
FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
Open account//Join FXOpen
 

radex78

Active Member

NEGATIVE OIL PRICE SHOCK KEEPS HAUNTING ECONOMIC RECOVERY

The coronavirus pandemic shocked the financial world in ways no one thought possible. Fiscal and monetary policy stimulus from governments and central banks helped ease the economic pain, but everyone agrees more is needed on the medium and long term.

The economic crisis that unfolded exceeds a mere contraction. It even goes beyond recessionary concepts and into economic depression. More precisely – long-lasting economic recession with negative consequences on the medium to long-term economic growth.

Only in the United States, 38 million people lost their jobs in the last nine weeks. If we use the number as a benchmark for the developed world, other economies suffered similarly high unemployment rates.

On top of high unemployment and lockdown economies, the price of oil delivered another blow. Economic growth spurs demand for oil, so the price of oil acts as a bellwether for economic performance. The coronavirus disruption of oil demand led to the price of oil turning negative.

Read more on #FXOpen blog: https://bit.ly/3bUKT3W

#forextrading #forexmarket #Stayhomeandtrade #financialnews #OIL #OILprice



Follow the updates on Facebook, Twitter dan Telegram.

FXOpen Customer Service
E-mail: support@fxopen.com
Live Chat (24/5)


Subscribe our FXOpen Youtube Channel

FXOpen
FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
Open account//Join FXOpen
 

radex78

Active Member

BTC AND XRP – HAS THE DOWNTURN STARTED?

BTC/USD

From last Monday when the price of Bitcoin was sitting at $9925 at its highest point we have seen a decrease of 12.61% measured to yesterday’s low which is the lowest point of the week so far and was at $8673. Since then we have seen a slight increase with the price currently being traded at $8897.

XRP/USD

The price of Ripple has decreased by 8.92% from last Monday when it was sitting on $0.207 level measured to the at $0.189 level made on last

Thursday but was retested again yesterday. At the moment the price is being traded at $0.19422 and is in an upward trajectory.

This movement is most likely the 4th wave out of the five-wave impulse to the downside with the currently seen upward one being a corrective sub-wave of the lower degree count. It could exceed the prior high by a little but it cannot go above the 1.272

Fibonacci level or it would invalidate the count. If this is true, then we are going to potentially see another retest of the Fib level’s resistance followed by another rejection which is set to lead the price of Bitcoin to the lower Fib level at around $0.18.

Read more on #FXOpen blog: https://bit.ly/2X3yJ4E

#Stayhomeandtrade #BTCUSD #XRPUSD #blockchain #forex #crypto #XRP #BTC



Follow the updates on Facebook, Twitter dan Telegram.

FXOpen Customer Service
E-mail: support@fxopen.com
Live Chat (24/5)


Subscribe our FXOpen Youtube Channel

FXOpen
FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
Open account//Join FXOpen
 

radex78

Active Member

EUR/USD TURNS GREEN, USD/JPY STUCK IN CRUCIAL RANGE

EUR/USD started a fresh increase above the 1.0900 and 1.0920 resistance levels. USD/JPY is currently trading in a crucial range above the key 107.35 support zone.

Important Takeaways for EUR/USD and USD/JPY❗

  • The Euro started a steady rise from the 1.0870 low and settled above 1.0920.
  • There is a key bullish trend line forming with support near 1.0945 on the hourly chart of EUR/USD.
  • USD/JPY is facing a lot of hurdles on the upside near the 107.90 and 108.00 levels.
  • There is a short term declining channel forming with resistance near 107.55 on the hourly chart.

Read more on #FXOpen blog: https://bit.ly/2TMdBhg

#forextrading #forexmarket #Stayhomeandtrade #financialnews #EURUSD #USDJPY #USD #EUR #JPY



Follow the updates on Facebook, Twitter dan Telegram.

FXOpen Customer Service
E-mail: support@fxopen.com
Live Chat (24/5)


Subscribe our FXOpen Youtube Channel

FXOpen
FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
Open account//Join FXOpen
 

radex78

Active Member

FXOpen Launches AstroPay Payments

FXOpen is delighted to announce a brand new, cutting-edge payment method for our clients, via AstroPay Card.



AstroPay Card is a virtual prepaid card accepted in thousands of online sites across the globe and sites affiliated with the AstroPay system. AstroPay Card is available in USD or in any other currency from the list of payment methods per country.

AstroPay issues cards with the following prepaid values: $10, $25, $50, $100, $500, $1,000 (or equivalent in a local currency). Deposit fee: from 2.7%; withdrawal fee: 0.5%. To celebrate the launch, clients can deposit for free, paying 0% commission.

More details:
  • Currencies: USD, EUR + local currencies;
  • Minimum deposit: USD 10 (or currency equivalent);
  • Maximum deposit: USD 1,000 (or currency equivalent);
  • Withdrawal processing time: during 1 day;
  • Minimum withdrawal: USD 10.00 (or currency equivalent).

Learn how to deposit and withdraw via AstroPay Card in our knowledge base.

Follow the updates on Facebook, Twitter dan Telegram.

FXOpen Customer Service
E-mail: support@fxopen.com
Live Chat (24/5)

Read more...

Subscribe our FXOpen Youtube Channel

FXOpen
FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
Open account//Join FXOpen
 

radex78

Active Member

GOLD PRICE AND CRUDE OIL PRICE FACING KEY HURDLES

Gold price remained in a strong uptrend and traded above the $1,750 level before correcting lower. Similarly, crude oil price started a strong increase and climbed above $30.00.

❗️Important Takeaways for Gold and Oil❗️
  • Gold price traded as high as $1,764 before correcting lower against the US Dollar.
  • There is a key resistance trend line forming with the current hurdle at $1,775 on the daily chart of gold.
  • Crude oil price followed a strong bullish path and traded above $25.00 and $30.00.
  • There was a break above a key bearish trend line with resistance near $26.50 on the daily chart of XTI/USD.
Read more on #FXOpen blog: https://bit.ly/3gyOaJL

#forextrading #forexmarket #Stayhomeandtrade #financialnews #OIL #OILprice #GOLD #XTI

Follow the updates on Facebook, Twitter dan Telegram.

FXOpen Customer Service
E-mail: support@fxopen.com
Live Chat (24/5)

Read more...

Subscribe our FXOpen Youtube Channel

FXOpen
FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
Open account//Join FXOpen
 

radex78

Active Member

GOLD PRICE AND CRUDE OIL PRICE FACING KEY HURDLES

Gold price remained in a strong uptrend and traded above the $1,750 level before correcting lower. Similarly, crude oil price started a strong increase and climbed above $30.00.

❗️Important Takeaways for Gold and Oil❗️
  • Gold price traded as high as $1,764 before correcting lower against the US Dollar.
  • There is a key resistance trend line forming with the current hurdle at $1,775 on the daily chart of gold.
  • Crude oil price followed a strong bullish path and traded above $25.00 and $30.00.
  • There was a break above a key bearish trend line with resistance near $26.50 on the daily chart of XTI/USD.
Read more on #FXOpen blog: https://bit.ly/3gyOaJL

#forextrading #forexmarket #Stayhomeandtrade #financialnews #OIL #OILprice #GOLD #XTI

Follow the updates on Facebook, Twitter dan Telegram.

FXOpen Customer Service
E-mail: support@fxopen.com
Live Chat (24/5)

Read more...

Subscribe our FXOpen Youtube Channel

FXOpen
FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
Open account//Join FXOpen
 

Win up to $5,000 in "Money Managers", a contest for real PAMM accounts

FXOpen and ForexCup are launching "Money Managers", a competition on real PAMM accounts, and inviting traders to take part in the competition. Become a winner of huge money prizes for a total of $10,000. The competition starts on June 1st, 2020. The registration will be open another month after the start of the competition until June 30th.




Read more...

Follow the updates on Facebook, Twitter dan Telegram.

FXOpen Customer Service
E-mail: support@fxopen.com
Live Chat (24/5)

Read more...

Subscribe our FXOpen Youtube Channel

FXOpen
FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
Open account//Join FXOpen
 
ECB EXPECTED TO TAKE FURTHER ACTION THIS WEEK

Thursday’s ECB monetary policy decision is closely watched by all market participants. Central banks around the world strongly reacted to the coronavirus health crisis by adding liquidity to a gripped financial system. This week the ECB is expected to go one step further.

Last week’s announcement that the European Union will issue common debt sent the Euro higher across the board. The recovery fund proposal raises EUR 750 billion from financial markets over a thirty-year period, starting with 2028. The triple-

A-rated bonds are the first issuance of joint common debt in the Euro area and set the stage for further fiscal integration.

The move was welcomed by European institutions and investors alike. Suddenly, Europe has a strong international financial presence backed by common debt – Never before such a thing existed since the European Union’s creation.

Read more on #FXOpen blog: https://bit.ly/2MiDj8R

#forextrading #forexmarket #Stayhomeandtrade #financialnews



Follow the updates on Facebook, Twitter dan Telegram.

FXOpen Customer Service
E-mail: support@fxopen.com
Live Chat (24/5)

Read more...

Subscribe our FXOpen Youtube Channel

FXOpen
FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
Open account//Join FXOpen
 

BTC AND XRP – MORE UPSIDE EXPECTED

BTC/USD

From yesterday’s open when the price of Bitcoin was sitting at $9402, we have seen an increase of 10.44% measured to the highest point the price has been today which is at $10383. Since then we have seen a minor retracement with the price currently being traded at $10137. A retest of its upper resistance level could be expected as we are most likely seeing the development of another five-wave impulse to the upside which if corrective in nature should be the end of this increase and would be expected to reach $10500-10700 area. If the price continues moving for another upward move then this would be the start of the 5th wave of a higher degree count.

XRP/USD

The price of Ripple has increased by 7.1% from yesterday’s low $0.2 measured to today’s high at $0.2154. It’s still being traded unlike in the case of Bitcoin. If however the price exceeds this level and makes a minor retracement before continuing to move further to the upside it could indicate that we are seeing the development of a new uptrend altogether with the current ascending move being the 3rd wave out of the five-wave impulse instead of the now presumed C wave.

Read more on FXOpen blog: https://bit.ly/3cvpRsS

#Stayhomeandtrade #BTCUSD #XRPUSD #blockchain #forex #crypto #BTC #XRP



Follow the updates on Facebook, Twitter dan Telegram.

FXOpen Customer Service
E-mail: support@fxopen.com
Live Chat (24/5)

Read more...

Subscribe our FXOpen Youtube Channel

FXOpen
FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
Open account//Join FXOpen
 

EUR/USD AND EUR/JPY SIGNALING BULLISH CONTINUATION

EUR/USD is rising steadily and trading nicely above the 1.1180 level. EUR/JPY is also gaining bullish momentum and it is likely to continue higher above 121.80.

Important Takeaways for EUR/USD and EUR/JPY
  • The Euro is trading in a positive zone above the 1.1100 and 1.1150 resistance levels.
  • There is a major bullish trend line forming with support near 1.1140 on the hourly chart of EUR/USD.
  • EUR/JPY surged higher and broke many key hurdles near the 121.00 resistance.
  • There is a key bullish trend line forming with support near 120.60 on the hourly chart.

Read more on #FXOpen blog: https://bit.ly/2zUMaLe

#forextrading #forexmarket #Stayhomeandtrade #financialnews #EURUSD #EURJPY #USD #EUR #JPY



Follow the updates on Facebook, Twitter dan Telegram.

FXOpen Customer Service
E-mail: support@fxopen.com
Live Chat (24/5)

Read more...

Subscribe our FXOpen Youtube Channel

FXOpen
FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
Open account//Join FXOpen
 
Trading hours schedule for the Australia Public Holiday on 8 June 2020



Dear Traders,

Due to the Australia Public Holiday on June 8th you will experience the following change in the trading hours schedule:
  • Australia 200: trading starts at 10:10.

All other financial instruments will be traded without changes.

Please consider these changes when planning your trading activities.

Follow the updates on Facebook, Twitter dan Telegram.

FXOpen Customer Service
E-mail: support@fxopen.com
Live Chat (24/5)

Read more...

FXOpen launch astropay

Subscribe our FXOpen Youtube Channel

FXOpen
FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
Open account//Join FXOpen