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radex78

Active Member
“Classics without Borders” is a Free Contest with Real Money Prizes

FXOpen broker invites beginners to participate in the “Classics without borders” Forex contest. Take a great opportunity to show your skills in Forex trading using classical trading tools and get real money prizes! The prize fund of the contest is 1500 USD. Both new users and existing clients who have registered with FXOpen not earlier than January 2020 can take part in the contest. The registration is already open.




Terms of the “Classics without borders” contest:
  • Contest dates: 30 November through 24 December;
  • Registration period: from now till December 13, 2020;
  • Start deposit: 5000 USD;
  • Leverage: 1:100;
  • Trading instruments: EUR/USD, GBP/USD, USD/JPY, USD/CHF, USD/CAD, AUD/USD, NZD/USD, EUR/GBP and stocks;
  • Maximum number of simultaneously opened orders (including pending orders): 100;
  • Single order minimum volume: 0.01;
  • Single order maximum volume: 100;
  • Margin call: 100%;
  • Stop out: 50%;
  • Account type: contest demo ECN;
  • Advisors and locking: allowed;
  • Prize fund: 1500 USD


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FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen
 

radex78

Active Member

SEMUA MATA DI EURO DAN ECB MINGGU INI

Menyusul laporan NFP yang lemah di Amerika Serikat Jumat lalu, pasar bergerak ke acara utama minggu depan - keputusan Bank Sentral Eropa (ECB). Bank sentral sudah berkomitmen sebelumnya untuk bertindak pada bulan Desember, dan sebagian besar dampaknya mungkin sudah dihargai di pasar. Namun, ini masih dapat mengejutkan pasar, terutama jika kita mempertimbangkan kuatnya Euro secara keseluruhan.

Euro yang Kuat Tetap Menyakitkan bagi ECB

Nilai tukar EURUSD mencapai 1.2175 menjelang laporan NFP Jumat lalu. Pada saat pertama kali mencapai 1,20 di musim panas, ECB secara lisan melakukan intervensi, menunjukkan bahwa tingkat nilai tukar terlalu tinggi. Sejak saat itu, EURUSD terkonsolidasi di bawah 1,20, tetapi level tersebut akhirnya melemah.

Baca lebih lanjut di blog FXOpen: https://bit.ly/3qzY7LZ

#FinancialMarketNews



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FXOpen - salah satu broker Forex yang paling sukses dan paling cepat berkembang.
Regulasi FCA dan ASIC, UK & AU diatur. Akun ECN, STP, Crypto, Micro, PAMM.

 

radex78

Active Member

BTC AND XRP – CONSOLIDATION SEEN BUT A BREAKOUT LIKELY STARTED

  • BTC/USD
    The price of Bitcoin has been moving sideways since the 1st of December when it reached a new all-time high, spiking above the $19,677 level. Since then we have seen the formation of a descending triangle with the price now going back to its support level and has been testing it for support once again. Currently, it is being traded at around $18,819.
  • XRP/USD
    From the 1st of December, the price of Ripple has decreased by around 20%, measured to its lowest point on the 5th, when it came down to $0.543 but started increasing from there again and came up to $0.625 on yesterday’s open. Now it is being traded slightly lower as another decrease was made but the price has made a higher low and a breakout from the higher degree symmetrical triangle on its upper side.

Read more on FXOpen blog: https://bit.ly/2K75oC3

#Cryptocurrencies#BTCUSD #XRPUSD


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FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen
 

radex78

Active Member

EUR/USD IS SHOWING BULLISH SIGNS, USD/JPY COULD RESUME DECLINE

EUR/USD gained bullish momentum above the 1.2000 and 1.2080 resistance levels. USD/JPY is currently recovering, but it might decline again if it fails to clear 104.30.

Important Takeaways for EUR/USD and USD/JPY

  • The Euro started a strong upward move above the 1.2000 and 1.2100 levels.
  • There is a major contracting triangle forming with resistance near 1.2120 on the hourly chart of EUR/USD.
  • USD/JPY is correcting higher and trading above the 104.00 support level.
  • There is a major bullish trend line forming with support near 104.10 on the hourly chart.

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FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen
 

radex78

Active Member

LTC AND EOS – DESCENDING CHANNEL ENDING SOON

  • LTC/USD
    The price of Litecoin has been decreasing since the start of the month when it came up to $93. Measured to its lowest point of the month made yesterday at $74.45 we have seen a decrease of 20%. The price is currently being traded around the levels of yesterday’s low, but it appears that it found support there and is now looking to start increasing again.
  • EOS/USD
    Since the start of the month, the price of EOS has decreased by 18.8%, coming from its high at $3.334 on December 1st to $2.70 on its yesterday’s low. Currently, the price is being traded at $2.7567 and is moving slowly to the downside. We can see a similar pattern like in the case of Litecoin as a descending channel was formed.

Read more on FXOpen blog: https://bit.ly/3n4BSf6

#LTCUSD #EOSUSD



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FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen
 
NOVEMBER 2020 TOP 10 PAMM ACCOUNTS OVERVIEW

Summing up the results of November, we choose to monitor the most attractive PAMM providers for investment. Investors are mostly interested in good returns and low drawdowns. In today’s PAMM review on the eve of the Christmas holidays we will look at profitable PAMM accounts for a moderate portfolio.

By November 2020, there were 172 investment accounts opened in FXOpen and $2’106’389.00 worth of capital invested.

DevidGuetta

This PAMM provider has been demonstrating successful trading for almost the whole of 2020. At the beginning of the fall, the provider behaved conservatively, but in November the monthly profit was +7.31%. It is worth noting that they traded very successfully without significant drawdowns. In November, they traded mainly in cryptocurrencies: LTC/USD, BTC/USD, XRP/USD. The maximum drawdown in November did not exceed 2.51%. It is possible to join the provider with 100 USD or more.

MinRisk

This provider has been trading fairly confidently on FXOpen since July 2016. Since April 2020 they have been trading in profit with minor losses. In November, the profit was 4.56%, in December, the positive trend persists. Deposit load in November did not exceed 7%. The manager chart shows some spikes, indicating the use of averaging on the exit from the drawdown. MinRisk account style can be considered as quite aggressive, but profitable at the same time.

SuperSpeculativ

The provider has been trading at FXOpen for almost a year since December 2019. The year 2020 has turned out quite well for them. Since July, they have been selling at significant drawdowns, bringing in conservative returns every month. As a result, half-year earnings were almost 40%. In November, the income was 6.74%. It should be noted that the manager traded with minimal deposit load, which did not exceed 1.5% in November. It is possible to join the trader with only 100 USD.

Read more....
 

radex78

Active Member
NOVEMBER 2020 TOP 10 PAMM ACCOUNTS OVERVIEW



  • Contents
  • DevidGuetta
  • MinRisk
  • SuperSpeculativ
  • FXSits
  • nepgusd and nepg
  • IPFx2
  • Kraken
  • Goodsense
  • FastWay
Summing up the results of November, we choose to monitor the most attractive PAMM providers for investment. Investors are mostly interested in good returns and low drawdowns. In today’s PAMM review on the eve of the Christmas holidays we will look at profitable PAMM accounts for a moderate portfolio.

By November 2020, there were 172 investment accounts opened in FXOpen and $2’106’389.00 worth of capital invested.


DevidGuetta

This PAMM provider has been demonstrating successful trading for almost the whole of 2020. At the beginning of the fall, the provider behaved conservatively, but in November the monthly profit was +7.31%. It is worth noting that they traded very successfully without significant drawdowns. In November, they traded mainly in cryptocurrencies: LTC/USD, BTC/USD, XRP/USD. The maximum drawdown in November did not exceed 2.51%. It is possible to join the provider with 100 USD or more.



MinRisk

This provider has been trading fairly confidently on FXOpen since July 2016. Since April 2020 they have been trading in profit with minor losses. In November, the profit was 4.56%, in December, the positive trend persists. Deposit load in November did not exceed 7%. The manager chart shows some spikes, indicating the use of averaging on the exit from the drawdown. MinRisk account style can be considered as quite aggressive, but profitable at the same time.



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FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen
 

radex78

Active Member

13 mistakes (almost) every trader makes

Human beings make mistakes, but not every mistake costs money. In the world of Forex, every mistake has a price tag on it. To help you learn more from others' failures rather than your own, we've picked out 13 of the most common mistakes of traders according to forums. Make a good use of this list!

  • 1. The lack of a systematic approach. No matter how godlike your trading style is, you won't always do well without a cheat sheet. There should always be a plan, the other thing is that your plan can and should be adjusted under changing conditions.
  • 2. Lack of algorithm. Without the algorithm, the risk of losing the deposit increases manifold. A clear algorithm implies a step-by-step sequence of your actions depending on the trading situation.
  • 3. Not placing stop-loss orders. With this approach, the trader is sure to be knocked out of the market sooner or later. The more profit you make in the beginning, the harder the blow will be when you lose it all. A good trader never takes a risk and puts a stop loss where it's needed.
  • 4. Lack of money management. Some traders don't even know what it is. Money management is a large component of successful trading Not a single professional trader works without basic money management principles, which are:
    choosing the size of positions;
    knowing when to increase volume;
    knowing when to decrease volume.
  • 5. Closing a trade before reaching a possible profit. Many people traders close a profitable trade earlier than necessary, losing good money on it.
  • 6 Lack of habit of keeping statistics. Statistics is the basis for your trading system. It's the only way to visually track where you're making mistakes and where you're earning. Trader's statistics is your karma, which shows what you do and what you will do in the future. You can't eliminate mistakes without statistics, because you simply won't see them otherwise.
  • 7. Changing your strategy during trading. It doesn't matter how you may justify this flawed practice. You should improve your strategy only based on the statistics and outside of working hours.
  • 8. Unreasonable risks. As a rule, they lead only to money losses and huge drawdowns.
  • 9. Trading while being emotionally unstable. It is recommended to trade only with a clear head and in a good mood, when there are no obligations or moral turmoils weighing over the trader.
  • 10. The urge to do everything at once. The market will (hopefully) always be there, there is no need to rush. If you go overboard today, tomorrow you may have nothing to trade with.
  • 11. Trading against the trend. Although many professionals brag about their ability to predict market behavior, trading against the trend is strictly inadvisable for beginners.
  • 12. Excessive trust in gurus. No trading guru has ever proven more useful than self-education through statistics and reading the correct literature.
  • 13. Ignoring important information. Before you start trading, you need to understand what the trading terminal is, how the margin and leverage are calculated, what is the spread, what factors influence the price change, what is supply and demand, what markets are like, how to analyze, what is liquidity and volatility and many other things. By answering these questions, you gradually come to understand the markets and begin to make the first steps towards a stable profit.

#PointOfView

Citing from FXOpen official page Facebook



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FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen
 

radex78

Active Member

ECB DISAPPOINTED MARKETS – WHY?

Contents
  • What Was Priced In?
  • How About the EURUSD?

Last week’s main event, the European Central Bank (ECB) meeting, disappointed the market. The central bank pre-committed to ease the financial conditions already from October, but the markets remained with the feeling that the ECB did not do enough.

Yes, the central bank further eased the policy – it extended the Quantitative Easing (QE) program and offered better terms on its TLTROs.

However, it was less than the market expected. Moreover, the market pushed the EURUSD exchange rate above the 1.20 level a week before the ECB, and the central bank did not give any clue that it is bothered by the move.



What Was Priced In?

The market expected the PEPP program, which basically is the QE program during the pandemic, to be extended by June 2022. Instead, the ECB extended it only by March 2022. The three months between the two dates when the ECB will not buy bonds represent a tightening rather than easing. As such, the market took the message as hawkish rather than dovish.

Moreover, the new TLTRO conditions for commercial banks to get access to the funds are tougher. In other words, few commercial banks will be able to meet the ECB’s terms so that they will get the funds needed. As a result, the ECB managed to deliver another hawkish message during a dovish statement.

Finally, the central bank suggested that it expects inflation to reach 1.2% in 2023, using the “core” approach, the one that does not consider energy prices. But that is well below the 2% threshold established by its mandate and may suggest that the ECB has a problem bringing inflation below but close to the target.

How About the EURUSD?

The EURUSD and a strong Euro represent such a problem. It is economics 101 that a stronger currency weighs on inflation. Thus, the ECB would have an easier task of reaching its inflation-targeting mandate if the Euro will not be that strong. In particular, the EURUSD is an ongoing concern for the ECB.

However, by only delivering more easing measures wrapped in hawkish statements, the ECB does nothing but fueling a stronger EUR. As such, we should not be surprised by the fact that the EURUSD rate at the 2020 highs two days after the ECB press conference ended.

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FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen
 

radex78

Active Member

BTC ENCOUNTERS RESISTANCE WHILE XRP FINDS SUPPORT

  • BTC/USD
    The price of Bitcoin has been increasing from last Friday when it was sitting at $17,570 at its lowest point and came up by around 11.4% measured to its highest point today at $19,570. Now the price is being traded at $19,316 as it fell from today’s high and is now making a recovery.
    Since the start of the month, we have seen the price in a decline, forming a descending channel from the 1st of December. Last Friday the price found support on the 0.618 Fib level and started increasing again, breaking out from this descending formation and coming above the significant lower horizontal level.
  • XRP/USD
    The price of Ripple has been on a decline since the start of the month, coming down from $0.68 at its highest to $0.47656 at its lowest point today, which is a decrease of around 30%. Currently the price is being traded at $0.4839 but is still in a downward trajectory.
    First, we have seen a three-wave descending move with strong momentum, followed by a three-wave upward ABC a bit less steep, and after that a five-wave move to the downside which was developed slowly and wasn’t impulsively developed.

Read more about Bitcoin and Ripple on FXOpen blog: http://bit.ly/3miJQ2R

#Cryptocurrencies



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FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen
 
EUR/USD APPROACHING KEY RESISTANCE, USD/CHF REMAINS AT RISK


EUR/USD is trading in a positive zone above 1.2100, but it is facing hurdles near 1.2170. USD/CHF is struggling to hold the 0.8850 support and it could decline heavily.

Important Takeaways for EUR/USD and USD/CHF
  • The Euro started a fresh increase above the 1.2050 and 1.2100 resistance levels against the US Dollar.
  • There is a connecting bullish trend line forming with support near 1.2140 on the hourly chart of EUR/USD.
  • USD/CHF remains in a bearish zone below the 0.8950 and 0.8920 resistance levels.
  • There are two major bearish trend lines forming with resistance near 0.0.8870 on the hourly chart.

EUR/USD Technical Analysis

In the past few days, the Euro remained in a positive zone above the 1.2050 support zone against the US Dollar. The EUR/USD pair gained pace above the 1.2100 resistance to move into a positive zone.

The upward move was such that the pair broke the 1.2120 resistance and settled above the 50 hourly simple moving average. However, the pair seems to be facing a strong resistance near the 1.2165 and 1.2170 levels.



The recent high was formed near 1.2168 on FXOpen before there was a downside correction. There was a break below the 1.2155 level, and the pair traded below the 23.6% Fib retracement level of the upward move from the 1.2121 low to 1.2168 high.

The decline found support near the 1.2145 and the 50 hourly simple moving average. The 50% Fib retracement level of the upward move from the 1.2121 low to 1.2168 high is also acting as a support.

Continue reading
 

radex78

Active Member

EUR/USD APPROACHING KEY RESISTANCE, USD/CHF REMAINS AT RISK

Contents
  • Important Takeaways for EUR/USD and USD/CHF
  • EUR/USD Technical Analysis
  • USD/CHF Technical Analysis
EUR/USD is trading in a positive zone above 1.2100, but it is facing hurdles near 1.2170. USD/CHF is struggling to hold the 0.8850 support and it could decline heavily.

Important Takeaways for EUR/USD and USD/CHF

  • The Euro started a fresh increase above the 1.2050 and 1.2100 resistance levels against the US Dollar.
  • There is a connecting bullish trend line forming with support near 1.2140 on the hourly chart of EUR/USD.
  • USD/CHF remains in a bearish zone below the 0.8950 and 0.8920 resistance levels.
  • There are two major bearish trend lines forming with resistance near 0.0.8870 on the hourly chart.

Read more...



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FXOpen
FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen
 
LTC AND EOS – CONSOLIDATION EXPECTED BEFORE FURTHER UPSIDE



LTC/USD

The price of Litecoin has been increasing since the start of the week and from Monday’s low at $79.215 we have seen a rise of 29.75% measured to its highest point today at $102.781. Currently, the price is being traded slightly lower as a minor pullback was made and is sitting just below the $100 mark.



On the hourly chart, you can see that Monday’s low was a corrective move made after the interaction with the $84 horizontal level which was the end of the first impulse wave out of a five-wave move that started on the 11th. The second wave established support on the $78.44 level from which we have seen a parabolic rise with the price breaking significant resistance with a strong bullish moment.

As this increase was the 3rd wave which appears completed as it can be sub-divided in lower degree five-wave count, we are now likely to see a pullback to around $92 where the prior local resistance level might get tested for support. But after the pullback ends further upside movement would be expected and a higher high compared to today’s one. This expected increase would be the 5th wave that is set to push the price for a higher high and potentially to the $109.35 where the next significant horizontal resistance level is.

Continue reading
 

radex78

Active Member

LTC AND EOS – CONSOLIDATION EXPECTED BEFORE FURTHER UPSIDE

  • LTC/USD
    The price of Litecoin has been increasing since the start of the week and from Monday’s low at $79.215 we have seen a rise of 29.75% measured to its highest point today at $102.781. Currently, the price is being traded slightly lower as a minor pullback was made and is sitting just below the $100 mark. Monday’s low was a corrective move made after the interaction with the $84 horizontal level which was the end of the first impulse wave out of a five-wave move that started on the 11th.
  • EOS/USD
    From Monday’s low at $2.8 the price has increased by 13.46% as it came up to $3.182 at its highest point today. It is still in an upward trajectory and is showing strong bullish momentum.
    The price made a breakout above the $2.9 resistance zone with a significant rise made in one hour and continued moving to the upside, further increasing inside the upper range. Like in the case of Litecoin, this increase seen from Monday is the 3rd wave out of the next five-wave impulse to the upside.

More information about cryptocurrencies you can read on FXOpen blog: http://bit.ly/3gTDi9Y

#Cryptocurrencies#LTCUSD #EOSUSD



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FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen
 

radex78

Active Member
Trading Hours Schedule for the 2021 Christmas and New Year Holiday Period

Dear Traders,
Please note the changes in trading session times on Christmas and New Year 2021.



Thursday, December 24th, 2020
  • FX Spot CFD, Stocks CFD, Crypto CFD – regular trading hours;
  • Spot commodities CFD:
    • Metals – trading ends at 20:45;
    • Oil and Gas – trading ends at 20:30.
  • Indices CFD:
  • Australia 200 – trading ends at 05:30;
  • Europe 50 – trading closed;
  • France 40 – trading ends at 15:30;
  • Germany 30 – trading closed;
  • Hong Kong 50 – trading starts at 03:15 and ends at 06:00;
  • Japan 225 – trading ends at 20:15;
  • UK 100 – trading ends at 15:00;
  • US SPX 500 (Mini) – trading ends at 20:15;
  • US Tech 100 – trading ends at 20:15;
  • Wall Street 30 – trading ends at 20:15.

Friday, December 25th, 2020
Only crypto-pairs will be traded. All other markets are closed.

Monday, December 28th, 2020
  • Indices CFD:
  • Australia 200 – trading closed;
  • Hong Kong 50– trading ends at 20:45;
  • UK 100 – trading closed.
All other instruments are traded without changes.

Thursday, December 31st, 2020
  • FX Spot CFD, Stocks CFD, Crypto CFD – regular trading hours;
  • Spot commodities CFD:
    • UK Brent – trading ends at 21:45.
  • Indices CFD:
    • Australia 200 – trading ends at 05:30;
    • Europe 50 – trading closed;
    • France 40 – trading ends at 15:00;
    • Germany 30 – trading closed;
    • Hong Kong 50 – trading starts at 03:15 and ends at 06:00;
    • UK 100 – trading ends at 15:00.
All other indices are traded as usual.

Friday, January 1st, 2021
Only Crypto CFDs are traded. All other markets are closed.

Monday, January 4th, 2021
  • Indices CFD:
    • Hong Kong 50 – trading starts at 03:15 and ends at 20:45
All other instruments are traded without changes.

Read more...

Please consider these changes when planning your trading activities during the festive season.

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FXOpen
FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen
 
Dear Clients!​

FXOpen has some important news about the ForexCup contest. Starting from December 17, 2020 the contest is located at a new web address due to the change of the domain:

forex.game

Please note that all information about the current rankings and contest results will be fully preserved. The “Classic without Borders” contest standings can be found here: forex.game/tournaments/classic-without-borders-2020.

We apologize for any inconvenience caused by these changes. If you still have questions, please contact our customer support — we'll be happy to help.
 

radex78

Active Member
FXOpen Launches Local Bank Transfers in Argentina, Brazil, and Mexico

Dear Clients,
FXOpen is pleased to announce that we've added new methods of depositing funds. Clients from Argentina, Brazil, and Mexico can now carry out transactions via local bank transfers: Rapipago, `Boleto Bancário and Oxxo.



Rapipago is an Argentinian prepaid payment method used for online purchases. The system generates a voucher that can be paid offline at one of the 6000+ Rapipago payment locations. Rapipago supports payments between 1200+ companies and their consumers — around 19 million transactions per month. Rapipago’s card, check, and cash-based transactions ultimately collect money on behalf of merchants and utility firms.

OXXO is a chain of convenience stores that offers alternative cash payments in Mexico. Around 71 million Mexicans do not own a bank account, and OXXO allows merchants to tap into this substantial group of online buyers. With more than 16,000 stores across the country, consumers can pay for their online purchases in cash, and merchants have a zero chance of a chargeback.

Boleto Bancário is an official Brazilian payment method regulated by the Central Bank of Brazil. It is a push payment system which was launched in 1993 and today generates 3.7 billion transactions per year. Accounting for around 25% of all online payment transactions, it is a must for doing business in Brazil.

Read more...

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FXOpen
FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen
 

radex78

Active Member

FINANCIAL MARKETS AT RISK AS THE VIRUS LOCKS EUROPE DOWN

The markets opened with a bearish tone as there is a new turn of events on the pandemic course. Over the weekend, the news that a new virus’ variant circulates in the United Kingdom caused panic in Europe. According to the UK authorities, the new variant spreads faster, and that poses a risk for the period ahead.
Quickly after the announcement, several European countries suspended their flights to the United Kingdom, in a move that signals the harsh lockdown in place in Europe. As such, the market is at risk of declining due to the lack of liquidity characteristic this time of the year.

The Fed Remains Dovish

Last week’s main event was the Federal Reserve meeting and interest rate decision. The Fed chooses to do nothing at this meeting, but it kept a dovish tone.
During the press conference, the Fed’s Chair Powell said that the central bank reopened the USD swap lines and that it will keep the Quantitative Easing (QE) program at the same pace of $120 billion. Much of the focus of last week’s meeting was to see if the Fed hints at changing the focus of the bond-buying. So far, the focus was on shorter-term maturities, but rumors in the market suggested that the Fed may switch to longer-term maturities.

Read more on FXOpen: http://bit.y/3peaV9q

#FinancialMarketNews


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radex78

Active Member
Trading Hours Schedule for the 2021 Christmas and New Year Holiday Period

Dear Traders,
Please note the changes in trading session times on Christmas and New Year 2021.



Thursday, December 24th, 2020
  • FX Spot CFD, Stocks CFD, Crypto CFD – regular trading hours;
  • Spot commodities CFD:
    • Metals – trading ends at 20:45;
    • Oil and Gas – trading ends at 20:30.
  • Indices CFD:
  • Australia 200 – trading ends at 05:30;
  • Europe 50 – trading closed;
  • France 40 – trading ends at 15:30;
  • Germany 30 – trading closed;
  • Hong Kong 50 – trading starts at 03:15 and ends at 06:00;
  • Japan 225 – trading ends at 20:15;
  • UK 100 – trading ends at 15:00;
  • US SPX 500 (Mini) – trading ends at 20:15;
  • US Tech 100 – trading ends at 20:15;
  • Wall Street 30 – trading ends at 20:15.

Friday, December 25th, 2020
Only crypto-pairs will be traded. All other markets are closed.

Monday, December 28th, 2020
  • Indices CFD:
  • Australia 200 – trading closed;
  • Hong Kong 50– trading ends at 20:45;
  • UK 100 – trading closed.
All other instruments are traded without changes.

Thursday, December 31st, 2020
  • FX Spot CFD, Stocks CFD, Crypto CFD – regular trading hours;
  • Spot commodities CFD:
    • UK Brent – trading ends at 21:45.
  • Indices CFD:
    • Australia 200 – trading ends at 05:30;
    • Europe 50 – trading closed;
    • France 40 – trading ends at 15:00;
    • Germany 30 – trading closed;
    • Hong Kong 50 – trading starts at 03:15 and ends at 06:00;
    • UK 100 – trading ends at 15:00.
All other indices are traded as usual.

Friday, January 1st, 2021
Only Crypto CFDs are traded. All other markets are closed.

Monday, January 4th, 2021
  • Indices CFD:
    • Hong Kong 50 – trading starts at 03:15 and ends at 20:45
All other instruments are traded without changes.

Read more...

Please consider these changes when planning your trading activities during the festive season.

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.
10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen
 

radex78

Active Member

EUR/USD AND USD/JPY APPROACHING NEXT CRUCIAL BREAKOUT
Contents
  • Important Takeaways for EUR/USD and USD/JPY
  • EUR/USD Technical Analysis
  • USD/JPY Technical Analysis
  • EUR/USD corrected lower after it struggled to clear the 1.2250 resistance level. USD/JPY is trading above 103.20 and it is likely setting up for the next major move.

Important Takeaways for EUR/USD and USD/JPY
  • The Euro seems to be facing a strong resistance near 1.2250 and 1.2260.
  • There is a major bullish trend line forming with support near 1.2160 on the hourly chart of EUR/USD.
  • USD/JPY is rising steadily and it is well above the 103.20 support level.
  • There is a key contracting triangle forming with support near 103.45 on the hourly chart.

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.
10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen