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Forexcup Contest With Witdrawable Prize By Fxopen

Discussion in 'Forex Programs' started by radex78, Jun 24, 2015.

  1. FXOpen_Official

    FXOpen_Official ECZ Member

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    BTC AND XRP – RETRACEMENT EXPECTED

    BTC/USD

    The price of Bitcoin has increased by around 10% from last Friday when it was sitting at $7712 at it’s lowest point as it came up to $8536 at it’s highest today. The price is currently sitting at $8493 as it reached its key horizontal level at $8506 and is retesting it from the downside.

    [​IMG]

    Looking at the hourly chart, you can see that this increase was expected after a retest of the prior low in a five-wave manner which was presumed to be the C wave out of the next ABC to the upside out of which the A wave was presumed to be the leading diagonal we have seen in the second half of December.

    Continue reading... https://www.fxopen.blog/btc-and-xrp-retracement-expected/
     
  2. radex78

    radex78 ECZ Member

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    [​IMG]

    Trading Hour Schedule - US Martin Luther King Day on 20th January 2020

    Dear Traders,

    Please note that due to the celebration of US Martin Luther King Day on Monday, January 20th, 2020 in the US trading hours for some financial instruments will be changed as follows:

    • Forex pairs & Crypto: normal trading hours;
    • Metals: trading session ends at 20:00;
    • US Crude, US Natural Gas: trading session ends at 19:45;
    • UK Brent: normal trading hours;
    • Indices:
      • Japan 225: until 20:00;
      • US SPX 500: until 20:00;
      • US SPX 500 (Mini): until 20:00;
      • US Tech 100: until 20:00;
      • US Tech 100 (Mini): until 20:00;
      • Wall Street 30: until 20:00;
      • Wall Street 30 (Mini): until 20:00.


    Other indices will be traded without changes.

    Please consider this information when planning your trading for the upcoming week.

    Follow the updates on Facebook, Twitter dan Telegram.

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

    Read more https://www.fxopen.com/en/about-us/news/trading-hours-on-us-martin-luther-king-day-2020

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  3. radex78

    radex78 ECZ Member

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    [​IMG]

    EUR/JPY Technical Analysis


    The Euro started a strong rise from the 120.00 support area against the Japanese Yen. The EUR/JPY pair climbed above the 121.00 and 121.50 resistance levels.

    Moreover, there was a close above the 121.80 level and the 50 hourly simple moving average. The pair even surged above the 122.00 level and a new weekly high is formed near the 122.75 level.

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    The pair is currently correcting lower below 122.50. It is now trading near the 122.30 support and the 50 hourly simple moving average. Moreover, there is a key bullish trend line in place with support near 122.27 on the hourly chart.

    The 23.6% Fib retracement level of the upward move from the 120.16 low to 122.75 high is also near the 122.14 level. Therefore, a bearish break below the 122.20 and 122.14 levels might start a substantial downside correction.

    The next major support is near the 121.80, below which the EUR/JPY pair could test the 121.50 level or the 50% Fib retracement level of the upward move from the 120.16 low to 122.75 high.

    On the other hand, EUR/JPY could find support near 122.20 and 122.14. On the upside, an initial hurdle is near the 122.55 level, above which the bulls are likely to aim more gains above 122.75 and 123.00.

    Read more https://www.fxopen.blog/eur-usd-and-eur-jpy-signaling-downsides/

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  4. radex78

    radex78 ECZ Member

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    [​IMG]

    EOS/USD technical analysis


    On the EOS chart, you can see a similar picture as in the case of Litecoin, as this cryptocurrency also experienced an exponential increase from the start of the year. From the 3rd of January when the price was sitting at $2.44 we have seen an increase of 65.82% measured to the highest point the price has been which is at around $4 made Tuesday this week.

    [​IMG]

    On the hourly chart, you can see that the price is currently being traded at $3.6 and is retesting the 0 Fib level for support which is the significant ending point of the upper range and serves as a pivot point. As the price spiked inside the territory of the upper range and managed to stay above the 0 Fibonacci line it could mean that further increase is highly probable but if the price falls below the mentioned level further decrease would look more likely.

    If the price is to continue increasing from here the next significant level would be at around $4.16 but if it continues decreasing from here I could fall back below $3 mark again.

    Read more https://www.fxopen.blog/ltc-and-eos-exponential-growth-coming-to-an-end/

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