Daily Market Analytics - Forex

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EURUSD Technical Analysis – 17th OCT, 2024
EURUSD – Support of Channel is Broken

EURUSD was unable to continue its bullish momentum and after touching a high of 1.0872 the prices started to decline against the United States Dollar today in the US Trading session.
The Support of channel is broken in the 1-hourly timeframe.
The Horizontal support is broken in the daily timeframe.

We have also detected Bearish price crossover with Moving Average 50 in the weekly timeframe.
We can also see Bearish price crossover with adaptative moving average 100 in the weekly timeframe.
The MACD crosses DOWN its Moving Average in the weekly timeframe.
Also, we can see that the Momentum indicator is back under zero in the weekly timeframe.

The prices of EURUSD are ranging New LOW record (1 month) in the weekly timeframe.
Some of the technical indicators are also giving a Bullish to Neutral stance in the markets which indicates the presence of the consolidation wave in the markets.
EURUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
• Euro Bearish reversal seen below the 1.0872 mark.
• Short-term range appears to be Bearish.
• EURUSD continues to remain above the 1.0820 levels.
• Average true range ATR is indicating High market volatility.

The next support is located at 1.0819 which is a Price 1 Standard Deviation Support.
EURUSD is now trading near to its Pivot levels of 1.0825 and is moving into a Bearish channel.
The price of EURUSD remains above its Classic support levels of 1.0813 and is moving towards its next target of 1.0801 which is a Price 2 Standard Deviations Support.

#fxopen

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog

 

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GBPUSD Technical Analysis – 17th OCT, 2024
GBPUSD – CCI indicator: Bullish Divergence

GBPUSD was unable to continue its bearish momentum and after touching a low of 1.2973 the prices started to rise upwards against the United States Dollar today in the US Trading session.
We have seen CCI indicator: bullish divergence in the daily timeframe.
The prices are ranging Near horizontal support in the weekly timeframe.
GBPUSD is Near support of channel in the daily timeframe.

Some of the technical indicators are also giving a Bullish to Neutral stance in the markets which indicates the presence of the consolidation wave in the markets.
The MACD crosses DOWN its Moving Average in the weekly timeframe which is indicative of the bearish trends.
The prices are ranging Near a new HIGH record (1 year) in the weekly timeframe.
GBPUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving average.
• Pound Bullish reversal seen above the 1.2973 mark.
• Short-term range appears to be Bullish.
• GBPUSD continues to remain above the 1.3000 levels.
• Average true range ATR is indicating High market volatility.

GBPUSD is now trading near to its Pivot levels of 1.3011 and is moving into a Bullish channel.
The price of GBPUSD is above its Classic support levels of 1.2995 and is now moving towards its next target of 1.3028 which is a Price 1 Standard Deviation Resistance.
We are also looking for the breach of the levels of 1.3049 which is a 50% Retracement From 13 Week High/Low.

#fxopen

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog

 

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NZDUSD Technical Analysis – 17th OCT, 2024
NZDUSD – Parabolic SAR Indicator Bearish Reversal

NZDUSD was unable to continue its bullish momentum and after touching a high of 0.6073 the prices started to decline against the United States Dollar today in the US Trading session.
We have seen Bearish trend reversal: adaptative moving average 20 in the 15-minutes timeframe.
We have also detected Moving Average bearish crossovers: MA20 & MA50 in the 15-minutes timeframe.
The MACD crosses DOWN its Moving Average in the 15-minutes timeframe.

We can also detect Parabolic SAR indicator bearish reversal in the 15-minutes timeframe.
The RSI indicator is back under 50 in the 1-hourly timeframe.
Also, Bearish trend reversal: Moving Average 20 is visible in the weekly timeframe.
The MACD crosses DOWN its Moving Average in the weekly timeframe.

NZDUSD is now trading below its 100-hour SMA and above its 200-hour SMA simple moving averages.
• Kiwi Bearish reversal seen below the 0.6073 mark.
• Short-term range appears to be Bearish.
• NZDUSD continues to remain above the 0.6050 levels.
• Average true range ATR is indicating High market volatility.

The next support is located at 0.6052 which is a 38.2% Retracement From 13 Week Low.
NZDUSD is now trading below its Pivot levels of 0.6062 and is moving into a Bearish channel.
The price of NZDUSD remains near its Classic support levels of 0.6054 and is now moving towards its next target of 0.6040 which is a 1-Month Low.

#fxopen

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog

 

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AUDUSD Technical Analysis – 22nd OCT, 2024
AUDUSD – Resistance of Channel is Broken

AUDUSD was unable to continue its bearish momentum and after touching a low of 0.6650 the prices have started to rise upwards against the United States Dollar today in the US trading session.
The Resistance of channel is broken in the 1-hourly timeframe.
We can also see Bullish trend reversal: adaptative moving average 100 in the 30-minutes timeframe.
We have seen Bullish price crossover with adaptative moving average 50 in the 1-hourly timeframe.
The RSI indicator is back over 50 in the 2-hourly timeframe.

We have also seen Bullish engulfing lines in the 4-hourly timeframe.
Also, we can see Bullish price crossover with adaptative moving average 100 in the daily timeframe.
We have detected RSI indicator: bullish divergence in the daily timeframe.
The AUDUSD is ranging Near a new HIGH record (1 month) in the weekly timeframe.
AUDUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.

• Aussie Bullish reversal seen above the 0.6650 mark.
• Short-term range appears to be Bullish.
• AUDUSD continues to remain above the 0.6680 levels.
• Average true range ATR is indicating Less market volatility.

The next resistance is located at 0.6693 which is a Price 3 Standard Deviations Resistance.
AUDUSD is now trading near to its Pivot levels of 0.6681 and is moving into a Bullish channel.
The price of AUDUSD remains above its Classic support levels of 0.6673 and is moving towards its next target of 0.6719 at which the Price Crosses 9 Day Moving Average Stalls.

#fxopen

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog

 

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EURUSD Technical Analysis – 22nd OCT, 2024
EURUSD – MACD Indicator: Bullish Divergence

EURUSD was unable to continue its bearish momentum and after touching a low of 1.0810 the prices started to correct upwards against the United States Dollar today in the US Trading session.
We can see MACD indicator: bullish divergence in the 2-hourly timeframe.
The prices are ranging Near horizontal support in the daily timeframe.
We have also detected RSI indicator: bullish divergence in the daily timeframe.

The prices of EURUSD are ranging Near support of channel in the weekly timeframe.
Also, we can see that the CCI indicator is oversold: under -100 in the daily timeframe indicating a Neutral market.
The prices of EURUSD are ranging Near a new HIGH record (1 year) in the weekly timeframe.

Some of the technical indicators are also giving a Bearish to Neutral stance in the markets which indicates the presence of the consolidation wave in the markets.
EURUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
• Euro Bullish reversal seen above the 1.0810 mark.
• Short-term range appears to be Bullish.
• EURUSD continues to remain above the 1.0810 levels.
• Average true range ATR is indicating High market volatility.

The next resistance is located at 1.0838 which is a Price 1 Standard Deviation Resistance.
EURUSD is now trading near to its Pivot levels of 1.0824 and is moving into a Bullish channel.
The price of EURUSD remains above its Classic support levels of 1.0803 and is moving towards its next target of 1.0865 which is a 14-3 Day Raw Stochastic at 20%.

#fxopen

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog

 

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GBPUSD Technical Analysis – 22nd OCT, 2024
GBPUSD – Bullish Harami Pattern

GBPUSD was unable to continue its bearish momentum and after touching a low of 1.2976 the prices started to rise upwards against the United States Dollar today in the US Trading session.
We have seen Bullish Harami pattern in the 30-minutes timeframe.
The prices are ranging Near support of channel in the 1-hourly timeframe.
We have also seen Bullish Harami cross in the 4-hourly timeframe.

Also, we see RSI indicator: bullish divergence in the daily timeframe.
We can see Bullish opening of the markets this week.
Some of the technical indicators are also giving a Bearish to Neutral stance in the markets indicating the presence of the consolidation wave in the markets.
The prices are ranging Near a new HIGH record (1 year) in the weekly timeframe.

GBPUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving average.
• Pound Bullish reversal seen above the 1.2976 mark.
• Short-term range appears to be Bullish.
• GBPUSD continues to remain above the 1.2970 levels.
• Average true range ATR is indicating High market volatility.

GBPUSD is now trading near to its Pivot levels of 1.2978 and is moving into a Bullish channel.
The price of GBPUSD is above its Classic support levels of 1.2965 and is now moving towards its next target of 1.2984 which is the Last level.
We are also looking for the breach of the levels of 1.3013 which is a Price 1 Standard Deviation Resistance.

#fxopen

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog

 

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NZDUSD Technical Analysis – 22nd OCT, 2024
NZDUSD – Near Support of Channel

NZDUSD was unable to continue its bearish momentum and after touching a low of 0.6020 the prices started to correct upwards against the United States Dollar today in the US Trading session.
The prices are ranging Near support of channel in the 15-minutes timeframe.
The Momentum indicator is back over zero in the 30-minutes timeframe.
We have also seen Bullish price crossover with Moving Average 20 in the 2-hourly timeframe.

The MACD crosses UP its Moving Average in the 4-hourly timeframe.
The prices of NZDUSD are back over the pivot point in the daily timeframe.
NZDUSD is ranging Near support of channel in the weekly timeframe.
Some of the technical indicators are also giving a Bearish to Neutral stance in the markets which indicates the presence of the Consolidation wave in the markets.

NZDUSD is now trading below its 100-hour SMA and above its 200-hour SMA simple moving averages.
• Kiwi Bullish reversal seen above the 0.6020 mark.
• Short-term range appears to be Bullish.
• NZDUSD continues to remain above the 0.6050 levels.
• Average true range ATR is indicating Less market volatility.

The next resistance is located at 0.6114 which is a 14-3 Day Raw Stochastic at 30%.
NZDUSD is now trading near to its Pivot levels of 0.6054 and is moving into a Bullish channel.
The price of NZDUSD remains above its Classic support levels of 0.6043 and is now moving towards its next target of 0.6122 which is a Pivot Point 3rd Level Resistance.

#fxopen

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog

 

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USDCAD Technical Analysis – 22nd OCT, 2024
USDCAD – Bearish Trend Reversal Pattern

USDCAD was unable to continue its Bullish momentum and after touching a high of 1.3842 the prices started to correct downwards against the United States Dollar today in the US Trading session.
We have seen Bearish trend reversal: adaptative moving average 100 in the 30-minutes timeframe.
Also, we can detect Bearish price crossover with Moving Average 100 in the 30-minutes timeframe.
The Support of channel is broken in the 1-hourly timeframe.

We have seen Bearish price crossover with adaptative moving average 20 in the 1-hourly timeframe.
The price of USDCAD is back under the pivot point in the 2-hourly timeframe.
The MACD crosses DOWN its Moving Average in the 4-hourly timeframe.
Some of the technical indicators are also giving a Bearish to Neutral stance in the markets which indicates the presence of the Consolidation wave in the markets.
USDCAD is now trading above its 100-hour SMA and above its 200-hour SMA simple moving averages.

• Loonie Bearish reversal seen below the 1.3842 mark.
• Short-term range appears to be Bearish.
• USDCAD continues to remain above the 1.3810 levels.
• Average true range ATR is indicating Less market volatility.

The next support is located at 1.3804 which is a Pivot Point 1st Support Point.
USDCAD is now trading near to its Pivot levels of 1.3828 and is moving into a Bearish channel.
The price of USDCAD remains above its Classic support levels of 1.3818 and is now moving towards its next target of 1.3801 which is a Price 1 Standard Deviation Support.

#fxopen

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog

 

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USDJPY Technical Analysis – 22nd OCT, 2024
USDJPY – Bearish Price Crossover Pattern

USDJPY was unable to continue its Bullish momentum and after touching a high of 151.09 the prices started to correct downwards against the United States Dollar today in the US Trading session.
We have seen Bearish price crossover with Moving Average 20 in the 15-minutes timeframe.
Also, we can detect Bearish price crossover with adaptative moving average 100 in the 15-minutes timeframe.
The prices of USDJPY are ranging Near resistance of channel in the 1-hourly timeframe.

We have seen Bearish price crossover with adaptative moving average 20 in the 1-hourly timeframe.
USDJPY is ranging Near resistance of channel in the weekly timeframe.
Some of the technical indicators are also giving a Bullish to Neutral stance in the markets which indicates the presence of the Consolidation wave in the markets.
USDJPY is now trading above its 100-hour SMA and above its 200-hour SMA simple moving averages.
• Yen Bearish reversal seen below the 151.09 mark.
• Short-term range appears to be Bearish.
• USDJPY continues to remain above the 150.70 levels.
• Average true range ATR is indicating High market volatility.

The next support is located at 150.40 which is a 38.2% Retracement From 13 Week High.
USDJPY is now trading near to its Pivot levels of 150.87 and is moving into a Bearish channel.
The price of USDJPY remains above its Classic support levels of 150.64 and is now moving towards its next target of 150.21 which is a Price 1 Standard Deviation Support.

#fxopen

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog

 

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AUDUSD Technical Analysis – 28th OCT, 2024
AUDUSD – Near Horizontal Resistance

AUDUSD was unable to continue its bullish momentum and after touching a high of 0.6639 the prices have started to decline against the United States Dollar today in the US trading session.
The prices are ranging Near horizontal resistance in the 15-minutes timeframe.
We can see the formation of Bearish trend reversal: Moving Average 50 in the daily timeframe.
The AUDUSD is now ranging Near resistance of triangle in the weekly timeframe.

We have seen Bearish trend reversal: adaptative moving average 20 in the weekly timeframe.
We have also seen Bearish trend reversal: adaptative moving average 100 in the weekly timeframe.
Some of the technical indicators are also giving a Bullish to Neutral stance in the markets indicating the presence of the Consolidation wave in the markets.
The AUDUSD is ranging near a new LOW record (1 month) in the weekly timeframe.

AUDUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving averages.
• Aussie Bearish reversal seen below the 0.6639 mark.
• Short-term range appears to be Bearish.
• AUDUSD continues to remain above the 0.6600 levels.
• Average true range ATR is indicating Less market volatility.

The next support is located at 0.6588 which is the Pivot Point 1st Support Point.
AUDUSD is now trading near to its Pivot levels of 0.6604 and is moving into a Bearish channel.
The price of AUDUSD remains above its Classic support levels of 0.6593 and is moving towards its next target of 0.6577 which is a 3-10 Day Moving Average Crossover Stalls.

#fxopen

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog

 

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EURUSD Technical Analysis – 28th OCT, 2024
EURUSD – RSI indicator: Bearish Divergence

EURUSD was unable to continue its bullish momentum and after touching a high of 1.0832 the prices started to decline against the United States Dollar today in the US Trading session.
The RSI indicator: bearish divergence is visible in the 30-minutes timeframe.
The Support of channel is broken in the weekly timeframe.
We can see Bearish trend reversal: adaptative moving average 100 in the weekly timeframe.

The CCI indicator is overbought: over 100 indicating a Neutral market.
Some of the technical indicators are also giving a Bullish to Neutral stance in the markets which indicates the presence of the consolidation wave in the markets.
EURUSD is now trading above its 100-hour SMA and below its 200-hour SMA simple moving averages.
• Euro Bearish reversal seen below the 1.0832 mark.
• Short-term range appears to be Bearish.
• EURUSD continues to remain above the 1.0800 levels.
• Average true range ATR is indicating Less market volatility.

The next support is located at 1.0783 which is a 38.2% Retracement From 52 Week Low.
EURUSD is now trading near to its Pivot levels of 1.0818 and is moving into a Bearish channel.
The price of EURUSD remains above its Classic support levels of 1.0800 and is moving towards its next target of 1.0779 which is a Pivot Point 1st Support Point.

#fxopen

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog

 

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GBPUSD Technical Analysis – 28th OCT, 2024
GBPUSD – Bearish Trend Reversal Pattern

GBPUSD was unable to continue its bullish momentum and after touching a high of 1.3000 the prices started to decline against the United States Dollar today in the US Trading session.
We can see Bearish trend reversal: adaptative moving average 20 in the 2-hourly timeframe.
Also, we see Bearish trend reversal: adaptative moving average 50 in the 2-hourly timeframe.
We have detected Bearish trend reversal: adaptative moving average 20 in the 4-hourly timeframe.

We also see Bearish trend reversal: Moving Average 50 in the daily timeframe.
Also, Bearish trend reversal: adaptative moving average 20 is visible in the weekly timeframe.
Some of the technical indicators are also giving a Bullish to Neutral stance in the markets indicating the presence of the consolidation wave in the markets.
We have also seen a bearish opening of the markets this week.
GBPUSD is now trading below its 100-hour SMA and its 200-hour SMA simple moving average.
• Pound Bearish reversal seen below the 1.3000 mark.
• Short-term range appears to be Bearish.
• GBPUSD continues to remain above the 1.2960 levels.
• Average true range ATR is indicating Less market volatility.

GBPUSD is now trading near to its Pivot levels of 1.2960 and is moving into a Bearish channel.
The price of GBPUSD is above its Classic support levels of 1.2954 and is now moving towards its next target of 1.2956 which is a 3-10 Day Moving Average Crossover Stalls.
We are also looking for the breach of the levels of 1.2947 which is a 14-3 Day Raw Stochastic at 20%.

#fxopen

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog

 

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NZDUSD Technical Analysis – 28th OCT, 2024
NZDUSD – Moving Average Bearish Crossovers

NZDUSD was unable to continue its bullish momentum and after touching a high of 0.5997 the prices started to decline against the United States Dollar today in the US Trading session.
We have seen Moving Average bearish crossovers: MA50 & MA100 in the 15-minutes timeframe.
Also, we see Moving Average bearish crossovers: MA20 & MA50 formation in the 30-minutes timeframe.
The MACD indicator: bullish divergence is visible in the 4-hourly timeframe.

We can see the formation of Bearish engulfing lines in the 4-hourly timeframe.
The prices of NZDUSD are back under the pivot point in the daily timeframe.
Also, we have seen Moving Average bearish crossovers: MA20 & MA50 in the weekly timeframe.
The MACD indicator is back under zero in the weekly timeframe.
Some of the technical indicators are also giving a Bullish to Neutral stance in the markets which indicates the presence of the Consolidation wave in the markets.
NZDUSD is now trading below its 100-hour SMA and above its 200-hour SMA simple moving averages.
• Kiwi Bearish reversal seen below the 0.5997 mark.
• Short-term range appears to be Bearish.
• NZDUSD continues to remain above the 0.5960 levels.
• Average true range ATR is indicating Less market volatility.

The next support is located at 0.5993 which is a Price 2 Standard Deviations Support.
NZDUSD is now trading near to its Pivot levels of 0.5970 and is moving into a Bearish channel.
The price of NZDUSD remains above its Classic support levels of 0.5964 and is now moving towards its next target of 0.5946 which is a 14 Day RSI at 30%.

#fxopen

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog

 

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USDCAD Technical Analysis – 28th OCT, 2024
USDCAD – Resistance of Channel is Broken

USDCAD was unable to continue its Bearish momentum and after touching a low of 1.3881 the prices started to correct upwards against the United States Dollar today in the US Trading session.
The Resistance of channel is broken in the 15-minutes timeframe.
The prices are Near support of channel in the 1-hourly timeframe.
The Momentum indicator is back over zero in the 1-hourly timeframe.

The prices of USDCAD are back over the pivot point in the daily timeframe.
The Resistance of channel is broken in the daily timeframe.
Some of the technical indicators are also giving a Bearish to Neutral stance in the markets which indicates the presence of the Consolidation wave in the markets.
USDCAD is now trading above its 100-hour SMA and above its 200-hour SMA simple moving averages.
• Loonie Bullish reversal seen above the 1.3881 mark.
• Short-term range appears to be Bullish.
• USDCAD continues to remain above the 1.3890 levels.
• Average true range ATR is indicating Less market volatility.

The next resistance is located at 1.3904 which is a Pivot Point 1st Resistance Point.
USDCAD is now trading near to its Pivot levels of 1.3897 and is moving into a Bullish channel.
The price of USDCAD remains above its Classic support levels of 1.3888 and is now moving towards its next target of 1.3917 which is a Price 1 Standard Deviation Resistance.

#fxopen

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog

 

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USDJPY Technical Analysis – 28th OCT, 2024
USDJPY – RSI Indicator: Bullish Divergence

USDJPY was unable to continue its Bearish momentum and after touching a low of 152.40 the prices started to correct upwards against the United States Dollar today in the US Trading session.
We have seen RSI indicator: bullish divergence in the 15-minutes timeframe.
USDJPY is ranging Near support of triangle in the 15-minutes timeframe.
Also, we see CCI indicator: bullish divergence in the 30-minutes timeframe.

The prices are Near support of triangle in the 1-hourly timeframe.
Some of the technical indicators are also giving a Bearish to Neutral stance in the markets which indicates the presence of the Consolidation wave in the markets.
USDJPY is now trading above its 100-hour SMA and above its 200-hour SMA simple moving averages.
• Yen Bullish reversal seen above the 152.40 mark.
• Short-term range appears to be Bullish.
• USDJPY continues to remain above the 152.90 levels.
• Average true range ATR is indicating Less market volatility.

The next resistance is located at 153.35 which is a 14 Day RSI at 70%.
USDJPY is now trading near to its Pivot levels of 152.95 and is moving into a Bullish channel.
The price of USDJPY remains above its Classic support levels of 152.69 and is now moving towards its next target of 153.40 which is a 61.8% Retracement from the 52 Week Low.

#fxopen

Disclaimer: This analysis represents my own opinion only. It is not to be construed as an opinion, offer, solicitation, recommendation, or financial advice of the Companies operating under the FXOpen brand.

For in-depth analysis, please check FXOpen Blog