Daily Technical Analysis FXOpen

[radex78]

ATTENTION CONTEST in Facebook

Guess the currency rate and get money

We are continuing a series of contests among our subscribers.

This week we will give away $50 to those, who will provide the closest forecast for the EURGBP pair

Results of previous contest:
The official GBPUSD rate on the closed market 10/30/2020 11:59:59 p.m. on the FX Open terminal on ECN: 1,2950, last week the winners were:

• Александр Летунов with 1,2953 result - 30$ prize
• Mona Makien with 1.2940 result - 10$ prize
• Шорена Гулашвили with 1,2964 result - 10$ prize

To take part in the contest you need to:

• 1. Share this news on your facebook page.
• 2. Write in the comment to this post:

Your currency rate forecast (4 decimal places, EXAMPLE: 1.1313)

Number of your FXOpen trading account to speed up the process of transferring the prize money (open a trading account for free here: https://bit.ly/2HQ9Qok )

Regulations:

1. The competition starts from the moment the post is published. Your answers are accepted until 10:00 (GMT+3) 10/30/2020.
2. You are allowed to leave only one forecast.
3. If the forecast repeats, the winner is the participant who first posted their comment.
4. It is forbidden to change your comments.
5. The rate is compared to the forex rate on the ECN account on a closed daily candle on Friday.
6. To get the prize money, the winner must provide their FXOpen STP account in USD.

We will decide 3 winners.

• the most accurate forecast - $30 to your FXOpen account
• and as close as possible results - $10 each to your FXOpen account

* Prize funds are credited to FXOpen STP account as a bonus and will be available for withdrawal after a certain number of trades has been completed: $2 = 1 transaction with any order volume (30$ -15 trades, 10$ -5 trades).
** It is forbidden to withdraw money or transfer to another trading account until the above mentioned conditions are fulfilled.

Source

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FXOpen Customer Service
E-mail: [email protected]
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]

2020 US ELECTION: EUR/USD DECLINE SHARPLY, USD/JPY ACQUIRES

EUR/USD fell sharply after being rejected near the 1.1770 zone USD/JPY is gaining momentum and trading well above the 105.00 level

Important takeaways for EUR/USD and USD/JPY

• The euro failed to hold gains above 1.1750 and fell sharply below 1.1700.
  
• There is a break below a key bullish trend line with support near 1.1700 on the EUR / USD hourly chart.
  
• USD/JPY started fresh advances after the 104.75 resistance zone
  
• There is a break above the large contract triangle with resistance near 104.72 on the hourly chart.

Read more on the FXOpen blog: https://bit.ly/389wvqf

# forexanalysis # USDJPY #EURUSD

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FXOpen Customer Service
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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]

LTC AND EOS - BULLISH MOMENTUM SHOOTS

• LTC/USD
  From yesterday's low of $ 51.7 Litecoin's price has increased by 8.27% to coming 55.89 at today's high. Right now the price is trading slightly lower around $ 55.5 but still showing strong bullish momentum and in an upward trajectory.
  As we have seen a significant recovery from the previous fall from the interaction with the 0.382 Fib level this can be an indication that the previous downside move is over. If this is true then we have seen the completion of the ABCDE correction and the 4th degree wave higher.
  
• EOS/USD
  The price of the EOS increased by 5.73% from yesterday's low of $ 2.3 as it hit $ 2,427 at its high today. Currently, a minor pullback has occurred with the price trading at $ 2,378.
  If the price continues moving past the resistance point at the intersection of significant lines, it means the downside move is over, but if it is rejected from here, a lower low will be more likely.

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

# cryptocurrencies # LTCUSD #EOSUSD

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FXOpen Customer Service
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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]

GOLD PRICE AND OIL PRICE COULD CORRECT RECENT GAINS

Gold price started a fresh increase and surged towards the $1,950 resistance. Crude oil price also gained pace and it is currently correcting lower from $39.50.

Important Takeaways for Gold and Oil

• Gold price rallied towards the $1,950 resistance and currently correcting gains against the US Dollar.
  
• Earlier, there was a break above a major contracting triangle with resistance near $1,910 on the hourly chart of gold.
  
• Crude oil price seems to be facing a strong resistance near $39.50 and $40.00.
  
• There was a break below a key bullish trend line with support near $39.00 on the hourly chart of XTI/USD.

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

#Forexanalysis#xauusd #Xtiusd #gold #oil

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FXOpen Customer Service
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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]

PAMM Service Update: Risk Limitation

Dear Traders,

FXOpen broker has implemented a new feature of the PAMM service — PAMM account drawdown limit. This mechanism will allow reducing losses of Subscribers' funds in case of unprofitable trading on a PAMM account.

How does it work?

• The Provider specifies the maximum allowable drawdown of a PAMM account.
• The Company monitors the drawdown 24 hours a day.
• If the PAMM account exceeds the drawdown limit, the Subscribers' funds will be revoked.

This update will help to arrange professional collaboration between the Provider and Subscribers, as well as create more comfortable conditions for PAMM service users.

Open a PAMM account

PAMM technology is a reliable and accurate asset management tool for professional traders and investors. Learn more.

Read more...

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FXOpen Customer Service
E-mail: [email protected]
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]

ATTENTION CONTEST Guess the currency rate and get money

We are continuing a series of contests among our subscribers.

This week we will give away $50 to those, who will provide the closest forecast for the AUDNZD pair

To take part in the contest you need to:

1. Share this news on your page.
2. Write in the comment to this post:

Your currency rate forecast (4 decimal places, EXAMPLE: 1.1313)
Number of your FXOpen trading account to speed up the process of transferring the prize money (open a trading account for free here: https://bit.ly/2HQ9Qok) )

Regulations:

1. The competition starts from the moment the post is published. Your answers are accepted until 10:00 (GMT+3) 11/13/2020.
2. You are allowed to leave only one forecast.
3. If the forecast repeats, the winner is the participant who first posted their comment.
4. It is forbidden to change your comments.
5. The rate is compared to the forex rate on the ECN account on a closed daily candle on Friday.
6. To get the prize money, the winner must provide their FXOpen STP account in USD.

We will decide 3 winners.

the most accurate forecast - $30 to your FXOpen account
and as close as possible results - $10 each to your FXOpen account

* Prize funds are credited to FXOpen STP account as a bonus and will be available for withdrawal after a certain number of trades has been completed: $2 = 1 transaction with any order volume (30$ -15 trades, 10$ -5 trades).
** It is forbidden to withdraw money or transfer to another trading account until the above mentioned conditions are fulfilled.
`
Source

Follow the updates on Facebook, Twitter dan Telegram.

FXOpen Customer Service
E-mail: [email protected]
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]

2020 OCTOBER OVER 10 PAMM ACCOUNTS ABOUT

Despite the arrival of last fall's month and the US presidential election, traders and investors are still active and trying to make more money preparing for the winter holidays. Of course, adjustments must be made in light of events taking place in developing countries and attracting close attention.
In addition, the new wave of the coronavirus pandemic is also affecting markets, increasing volatility and urging managers and investors to reduce risks. It is difficult to predict how carefully the PAMM provider will be in the late autumn, but now it is possible to select traders from the most successful and stable ones and consider them an option for an investment portfolio.
As of November 2020, there are 173 investment accounts opened with FXOpen and the capital is $ 2'186'574.00

Read more on the FXOpen blog: https://bit.ly/3lj9THF

#FOREXPAMM

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FXOpen Customer Service
E-mail: [email protected]
Live Chat (24/5)

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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]

EUR/USD AND EUR/JPY: EURO IS CLOSE TO KEY NEXT

EUR USD struggled to clear 1.1900 resistance and fix lower. EUR/JPY is showing positive signs and could bounce back if it clears 124.50 resistance

Important Draws for EUR/USD and EUR/JPY

• Europe struggled to stay above 1.1900 resistance and corrected below 1.1880.
  
• There is a break below the key bullish trend line with support near 1.1865 on the EUR / USD hourly chart.
  
• EUR / JPY spiked above the 125.00 resistance level before correcting lower.
  
• There is a large contract triangle forming a contract with resistance near 124.45 on the hourly chart.

Read more on the FXOpen blog: https://bit.ly/3n87S1e

# forexanalysis # EURUSD #EURJPY

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FXOpen Customer Service
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Live Chat (24/5)

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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]

LTC AND EOS – DESCENDING TRIANGLES NEAR COMPLETION

• LTC/USD
  From the 7th of November when the price of Litecoin has reached nearly $65 we have seen a decrease of 12% measured to its lowest point at $57.14 made on Tuesday. Since then the price has been increasing again but found failed to exceed the $60 level on three separate occasions. Now it is being traded at $58.419 after a third rejection at the $60 area.
  
• EOS/USD
  The price of EOS has been showing a similar pattern as it made a descending triangle from the 7th of November when it reached $2.61 at its highest and fell down to $2.459. Unlike in the case of Litecoin, the price of EOS hasn’t made a breakout from the descending triangle and is instead being traded around its support level at the moment.

Read more on FXOpen blog: https://bit.ly/32z1Peo

#cryptocurrencies#Litecoin #eos #ltcusd #eosusd #crypto

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FXOpen Customer Service
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Live Chat (24/5)

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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]

AUD/USD AND NZD/USD CORRECTING GAINS

AUD/USD traded towards the 0.7340 zone before starting a downside correction. NZD/USD rallied significantly and it is currently correcting below 0.6880.

Important Takeaways for AUD/USD and NZD/USD

• The Aussie Dollar failed to stay above 0.7300 and started a downside correction against the US Dollar.
  
• There is a key declining channel forming with resistance near 0.7255 on the hourly chart of AUD/USD.
  
• NZD/USD surged above 0.6850 and 0.6900 before starting a downside correction.
  
• There was a break below a major bullish trend line with support near 0.6860 on the hourly chart of NZD/USD.

Read more on FXOpen blog: https://bit.ly/2InZV9O

#forexanalysis#AUDUSD #NZDUSD

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FXOpen Customer Service
E-mail: [email protected]
Live Chat (24/5)

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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