FxOpen

EUR/USD Aims Fresh Increase While EUR/JPY Eyes More Upsides


EUR/USD is consolidating above the key 1.0880 support zone. EUR/JPY is rising and might rally further if it clears the 145.40 resistance zone.

Important Takeaways for EUR/USD and EUR/JPY

• The Euro started a downside correction from the 1.0970 zone.
• There is a key bearish trend line forming with resistance near 1.0910 on the hourly chart at FXOpen.
• EUR/JPY started a steady increase after it found support near 142.50.
• There is a major bullish trend line forming with support near 144.20 on the hourly chart.

EUR/USD Technical Analysis


On the hourly chart of EUR/USD, the Euro remained well-bid above the 1.0880 zone and started a fresh increase against the US Dollar. EUR/USD was able to break above the 1.0920 resistance level.

The pair tested the 1.0970 zone before it started a correction. There was a break below the 1.0920 level, but the bulls were active near the key 1.0880 support. A low is formed at 1.0876, and the pair is now consolidating.

Immediate resistance is near the 1.0910 level. Besides, there is a key bearish trendline forming with resistance near 1.0910. The trendline is close to the 50% Fib retracement level of the downward move from the 1.0937 swing high to the 1.0876 low.

The next major resistance is near the 76.4% Fib retracement level at 1.0925. A clear move above the 1.0925 level might send the pair toward the 1.0970 level. Any more gains could set the pace for a test of 1.1000.

On the downside, the pair might find support near the 1.0880 level. The next major support sits near the 1.0820 level, below which the pair could even test the 1.0790 support zone.

If there is a downside break below the 1.0790 support, the pair might accelerate lower in the coming days. In the stated case, it could even test 1.0720.

VIEW FULL ANALYSIS VISIT - FXOpen Blog...

Disclaimer: This Forecast represents FXOpen Companies opinion only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Companies products and services or as Financial Advice.

Hi there,

Exciting developments are unfolding as we witness a shakeup in the leading board of the FTC 2023. Michael Smith, a formidable trader with a keen eye for market trends, has recently replaced Josue Nauzaya Ngingasa to take the coveted 2nd place in the competition.



With his impressive track record and strategic acumen, Michael Smith is poised to give the current leader a run for their money.

Adding to the buzz, we have also received news of a new registration ? Muhammet Ozan Ozdemir from Turkey. Muhammet is sure to bring a new dimension to the competition.

Stay tuned for more updates as the FTC 2023 continues to unfold and the world's top traders battle it out for supremacy!

ForexCup News

Disclaimer: This Publication represents FXOpen Companies News only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Companies products and services or as Financial Advice.

#fxopen #forexcup

Hi there,

We are thrilled to witness the impressive comeback of Josue Nauzaya Ngingasa. After experiencing a significant drawdown of 42.19%, Josue restored his position in the championship standings with remarkable confidence.



With his unwavering determination and commitment to excellence, Josue navigated the volatile market conditions and made a stunning comeback in 2nd place in the championship standings.



ForexCup News

Disclaimer: This Publication represents FXOpen Companies News only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Companies products and services or as Financial Advice.

TickTrader Challenge. Join and will up to USD120!



FXOpen announces a new competition for FXOpen forum participants, open to clients of FXOpen International (FXOpen Markets Limited), TickTrader Challenge: Battle of the Best

Attention: This competition is open to clients of FXOpen International (FXOpen Markets Limited).

The contest starts on May 22 and ends at 21:00 June 02, 2023 (GMT 0). Registration is already open and will last until 22:00 May 29, 2023 (GMT 0).

Join the Contest.

Rewards for Top-10 traders:
1st place: USD120
2nd place: USD 80
3rd place: USD 60
4th place: USD 50
5th place: USD 30
6th place: USD 20
7th place: USD 10
8th place: USD 10
9th place: USD 10
10th place: USD 10

Prize Withdrawal
Prizes are credited to FXOpen's ECN TickTrader account and can be withdrawn if the withdrawal conditions are met: for every $2 of the prize, a contestant has to make 1 deal (+/- 40 points). The minimum number of transactions is 5.
The prizes will be added to the participant?s  ECN TickTrader accounts registered with FXOpen.

Prize fund: USD 400
Initial deposit: USD 5000

How to join the contest?
It is necessary to be registered at fxopenforum.

Kind Regards,
FXOpen Forum Administration

#forexgame #ticktrader #freecontest #bonus #fxopen

Zero commission with FXOpen







Enjoy no commission fees on ECN accounts when you trade on MT4, MT5, or TickTrader platforms. Trading indices now becomes as affordable as possible for all our clients.



At present, FXOpen supports over 600 markets, including Index CFDs, FX, shares CFDs, commodities CFDs, and cryptocurrency CFDs.







FXOpen



#fxopen #fxopenecn #fxopeninternational #fxopenint #zerocommission



Disclaimer: This Publication represents FXOpen Companies News only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Companies products and services or as Financial Advice.

Trading hours schedule for Late May 2023 Public Holidays


Dear Traders!

Please note that for the late May public holidays, trading hours for some financial markets will be changed as follows (all times are GMT+3):

Thursday, May 25

Indices CFD:

    #HSI: till 22:00.

Friday, May 26

Indices CFD:

    #HSI: trading closed;
    #UK100: till 23:00.

Monday, May 29

Indices CFD:

    #HSI: 04:15 - 11:30;
    #J225, #SPXm, #NDXm, #WS30m: till 20:00.

Commodities:

    XBRUSD: 03:00 - 20:15;
    XAUUSD, XAGUSD: till 21:30;
    XNGUSD, XTIUSD: till 21:15.

Stocks CFD ? trading closed.

Tuesday, May 30

Indices CFD:

    #HSI: starts at 04:15;
    #UK100: starts at 03:00.

All other financial markets will be traded as usual.

Please consider this information as you plan your trading and note that the hours above are subject to change.

VIEW FULL NEWS VISIT - FXOpen Company News...

Disclaimer: This publication represents the News of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

Trading Hours Schedule for The Australia Public Holiday


Dear Traders,

Due to the Australia Public Holiday on June 12th you will experience the following change in the trading hours schedule:

Monday, June 12

Indices CFD:

• Australia 200: trading starts at 10:10.

All other financial markets will be traded as usual.

Please consider this information as you plan your trading and note that the hours above are subject to change.

VIEW FULL NEWS VISIT - FXOpen Company News...

Disclaimer: This publication represents the News of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.