Leaderboard

Seeking opinions: Do you think crypto options hold the potential to outshine futures and propel the crypto industry into its "third wave"?

Despite January 2023 being considered a relatively lackluster period for the cryptocurrency market, it marked the beginning of the options trading boom. ETH options trading volume on Deribit set a record at $5.4 million in January 2023, representing a 36% increase compared to December 2022. Additionally, Bitcoin options trading volume rose by 10% compared to December. These statistics and charts clearly demonstrate the growing options market, promising a powerful surge and development in the near future. Additionally, there exists a limited number of exchanges specializing in options, such as DBOE, Deribit, oribit, and others.

The concept of the third wave in this context refers to the evolution of trading markets: 1) The first wave represents the emergence and growth of the spot trading market in recent years. 2) The second wave signifies the current prominence of the futures trading market. 3) According to financial experts, the options trading market is believed to be the anticipated third wave. The question remains: can this belief become a reality?

⚡GREAT NEWS Let's play a little, shall we? Especially for members of gold.forum, we we have prepared a promocode for 20 free spins in the slot Royal Xmass (currency EUR). You can get this bonus, using code GOLD20. Good luck with your game!

EUR/USD and EUR/JPY: Euro Gaining Bullish Momentum EUR/USD started a strong increase and it surged above the 1.2000 resistance. EUR/JPY is also gaining momentum and it is trading well above the 125.00 resistance. Important Takeaways for EUR/USD and EUR/JPY The Euro started a strong increase above the 1.1950 and 1.2000 resistance levels. There was a break above a key connecting resistance trend line at 1.2030 on the hourly chart of EUR/USD. EUR/JPY followed a similar pattern and broke the main 125.00 resistance. There was a break above a major rising channel with resistance near 125.30 on the hourly chart. EUR/USD Technical Analysis This week, the Euro formed a strong support zone above the 1.1920 and 1.1950 levels against the US Dollar. The EUR/USD pair started a strong increase and it broke the main 1.2000 resistance level. The pair even gained strength above 1.2020 and settled above the 50 hourly simple moving average. Moreover, there was a break above a key connecting resistance trend line at 1.2030 on the hourly chart of EUR/USD. The pair even surpassed the 1.2050 resistance and traded as high as 1.2079 recently on FXOpen. It seems like the pair might continue to move higher above the 1.2080 level. The next key resistance is near the 1.2120 level, above which the pair could test 1.2150. If there is a downside correction, an initial support could be 1.2050 or the 23.6% Fib retracement level of the recent increase from the 1.1960 swing low to 1.2079 high. The next major support is near the 1.2030 level. Any more losses could lead the pair towards the 1.2020 support or the 50% Fib retracement level of the recent increase from the 1.1960 swing low to 1.2079 high. EUR/JPY Technical Analysis The Euro also followed a similar path above 124.00 against the Japanese Yen. The EUR/JPY pair broke the main 125.00 resistance level to move into a positive zone. There was also a close above the 125.20 level and the 50 hourly simple moving average. Moreover, there was a break above a major rising channel with resistance near 125.30 on the hourly chart. The pair gained strength above the 125.50 level and it even broke the 126.00 level. A high is formed near 126.14 and the pair is currently consolidating gains. An initial support is near the 125.85 level. It is close to the 23.6% Fib retracement level of the recent increase from the 124.86 swing low to 126.14 high. The next major support is near the 125.65 level (a multi-touch zone). Any more losses could lead the pair towards the 125.50 support. It is close to the 50% Fib retracement level of the recent increase from the 124.86 swing low to 126.14 high. The main uptrend support seems to be forming near the 125.00 level since it is also close to the 50 hourly simple moving average. On the upside, the pair could accelerate higher if it clears the 126.15 and 126.20 levels. The next resistance could be near the 126.80 level. Any more upsides might lead the EUR/JPY higher further higher above the 127.00 level. In the stated case, the bulls may possibly aim a larger increase towards the 128.50 and 129.20 resistance levels in the coming days. FXOpen Blog

AW Summit is one of the largest European hubs for affiliate marketers, digital companies, monetization platforms, entrepreneurs, content creators, and social media specialists. I will be there between 6 and 9 May 2023, and I'd love to meet with more Gold Forum members. https://www.awsummit.com/events/bucharest/main/ Book a meeting with me by PM or Telegram: Can't wait to meet you: members, affiliate network owners, and representatives!

Hey guys Can someone explain about binary options? I need to know more about it. thank you.

Спасибо за викторину! The amount of 0.1 USD has been deposited to your account. Accounts: U42819369->U40446***. Memo: API Payment. Викторина в чате Profit-Hunters BIZ.. Date: 21:51 12.05.23. Batch: 520205081.

Спасибо за бонус! The amount of 0.2 USD has been deposited to your account. Accounts: U42819369->U28940. Memo: API Payment. Бонус за активность Profit-Hunters BIZ.. Date: 16:28 12.05.23. Batch: 520160618.

Спасибо за рефбек!! проект Bit Brain. 3.2 DOGE ea0663ba4d97cf1dcd7ccce60c98b701bab7cdc68d252cbef5f045b35e1945ed 12.05.2023

We'll start in a few days.🙂

Awesome! When can we start?!

Hi 😀 As you know, we are constantly working to make playing in our casino interesting and exciting. We have over 4500 games and slots from 45 providers. And today we are glad to present you a new slot - Captain Glum: Pirate Hunter from Play'n Go In the Pirate's Lair with palms and rum, catch the Permanent WILD that moves around the center of the 3x3 field to create more winning combinations. The golden chest pours out high-paying symbols and increases the playing field, and the bombs function will take an accurate aim at the treasures. Catch 3 Scatters and defeat the pirates in a decisive battle - Free Spins to activate the Treasure Hunt and multiply your winnings up to x10 by choosing one of the chests. MIN BET: €0.05 MAX BET: €100 RTP: 96.20% MAX WIN: х 9,000 It’s time to WIN BIG with VAVADA 🔥

The amount of 0.3 USD has been deposited to your account. Accounts: U428*->U198*. Memo: API Payment. Викторина в чате Profit-Hunters BIZ.. Date: 20:05 10.05.23. Batch: 519893620 Большое спасибо

Signed up. We successfully verified your email address. Your Olavivo application is being reviewed. One of our awesome account managers will be in touch shortly.

Hello @Olavivo, Welcome to Gold.Forum and upgrading to VIP company! Also, we appreciate the special offer for the GOLD Forum members! Folks, if you have questions, @Olavivo have now a presence on our forum and will gladly answer and guide you!

Сумма в размере 0,1 доллара США была зачислена на ваш счет. . Аккаунты: U4269->U2302. Памятка: оплата через API. Викторина в чате Profit-Hunters BIZ.. Дата: 01:35 10.05.23. Партия: 519784263.

The amount of 0.2 USD has been deposited to your account. Accounts: U42819369->U12. Memo: Бонус за активность Profit-Hunters BIZ. Date: 02:29 09.05.23. Batch: 519631384.

The amount of 0.3 USD has been deposited to your account. Accounts: U42819369->U1710. Memo: Бонус за активность Profit-Hunters BIZ. Date: 02:29 09.05.23. Batch: 519631394. Спасибо за бонус

Welcome to Italy, the home of pizza, pasta, and… high-yielding opportunities! Are you prepared to capitalize on this thriving market? Delve into our handpicked selection of high-converting Italian offers and transform your traffic into treasure: OFFERS SOI WEB / MOB Incontrieleganti €1.10 / €1.10 Hotappuntamento, Relazioniitaliane €2.68 / €2.00 Singleflirt €1.84 / €0.80 TeenFinder, Casualdating, Flirthits €1.2 / €0.60 MilfFinder €1.32 / €0.68 Seniorflirting, Flirting2Day €2.20 / €2.20 OFFERS DOI WEB / MOB Ragazzesole $3.00 / $3.00 AmaMinow $2.40 / $2.40 TRY ITA NOW!

Free apps for Dating, iGaming and XGames verticals Are you ready to save money on app rental services with iMonetizeIt? Try our own apps for free on Dating, iGaming and XGames verticals! We have everything you need! Absolutely free apps, profitable offers and the most competitive payouts🙂 💚iMonetizeIt partners are always in the black: - high application lifetime; - original app design and interactive elements; - dynamic push notifications for offers. It is now even easier to speed up the launch of offers or Smartlink! Turn the saved time into green and crispy 💲💲💲 https://partner.imonetizeit.com/registration

Thanks for a bonus! 09.05.23 02:18 Received Payment 0.2 USD from account U42819369 to account U1336*******. Batch: 519630913. Memo: Викторина в чате Profit-Hunters BIZ.

A binary option is a sort of options contract in which the payoff is wholly dependent on the conclusion of a yes/no proposition, often relating to whether the price of a certain asset will increase above or fall below a certain amount. Let's assume stock Colgate-Palmolive is currently trading at $64.75. A binary option has a strike price of $65 and expires tomorrow at 12 p.m. The trader can buy the option for $40. If the price of the stock finishes above $65, the option expires in the money and is worth $100. The trader makes $60 ($100 – $40).

The amount of 0.1 USD has been deposited to your account. Accounts: U42819369->U32415878. Memo: API Payment. Викторина в чате Profit-Hunters BIZ.. Date: 13:29 07.05.23. Batch: 519399998.

Спасибо за бонус The amount of 0.15 USD has been deposited to your account. Accounts: U428-U222. Memo: API Payment. Викторина в чате Profit-Hunters BIZ.. Date: 13:28 07.05.23. Batch: 519399916.

Tiktok saves 1000 - 5$

Thanks for the post and I must say it is too much engaging. Certainly, I am here to share some email marketing hacks to grow your business: Segment your email list: Divide your email list into smaller segments based on interests, behaviors, and demographics to deliver more personalized and relevant content to your subscribers. Optimize your subject line: Craft an attention-grabbing subject line that entices subscribers to open your email and read its contents. Create engaging content: Create high-quality content that resonates with your target audience and encourages them to take action. Use a clear and concise call-to-action (CTA): Include a clear and concise CTA that directs your subscribers to take a specific action such as making a purchase or signing up for a newsletter. Test and optimize your emails: A/B tests different email elements such as subject lines, CTAs, and content to determine what resonates best with your audience and optimize your emails accordingly. By implementing these email marketing hacks, you can effectively grow your business and drive more conversions through email marketing. For more sail over to the web or Google.

While Gold.Forum is not a trading-only community, we have a pretty active section of trading: Here are Forex & Crypto Brokers - https://gold.forum/forum/74-💶-forex-brokers/ Here are the Market Analysis done by experts - https://gold.forum/forum/75-📈-forex-news-analysis/ And here is the place to ask questions and seek help: https://gold.forum/forum/76-💸-forex-discussions-help/ Recommend getting an account with your favorite broker and starting paper trading and then with really small amounts of money, as no paper trail trading beats real emotions when training with real funds. Please keep us updated on your progress! Good luck!

Hi, how you doing? I'm fine. thanks. I am trying to learn trading so, I can trade. The first thing came to my mind was finding communities that I can talk with people and learn from them.

iMonetizeIt 9th anniversary = 9 the best offers on the platform 💚 We’ve picked up the listing of the best offers which you can get now and start your profitable journey 🥳 The most popular verticals with good payouts will bring you high CR, good results, and a great mood😜 Check out the anniversary offer listing from iMonetizeIt now😎 🎁 XGames WEB WAP Harley Quinn S*xadventures Jackpot multigeo (with statuses) up to $70 Ad**t Games Multigeo 🎁 Dating WAP Searchingforsingles DOI US $2,8 Dating US 🎁 Dating EB+WAP ICI-S**E SOI /FR €2,60 FR 🎁 Dating WAP+TAB HammerDates * SOI / DE €3,28 DE 🎁 iGaming WEB WAP Bahigo Casino FTD baseline / TR €40 TR 🎁 iGaming WAP Verdecasino - Welcome Scratch Wheel FTD mindep FB apps / DE PL €200 / €120 DE PL 🎁 Sweepstakes WEB WAP Shopify offer CC Submit / UK [SweepCosv] $20,8 Sweepstakes UK 🎁 Sweepstakes WEB WAP Shein Giftcard 500 CC/ IT [GiftWorld] €24,00 IT 🎁 Sweepstakes WAP WEB Streaming VOD Trial US UK AU NZ CA FR DE IT ES AT CH US UK AU NZ CA FR DE IT ES AT CH $24,00

Awesome! See you folks there!

@MrDI'm attending the AW summit conference both in Barcelona and Bucharest. See you there on May 7!

Attapoll | May 4, 2023 Experience the Joy of Instant PayPal Payments | $3.08 Received in a Flash! https://topgoldforum.com/uploads/monthly_2023_05/attapoll-mai-2023.jpg.aec858f7253fa4804e94e83196e1ff18.jpg Get Paid to take Surveys on your phone Craving more information? Unlock the World of GPT Opportunities by visiting: GPT World | Complete Simple Tasks Thank you.

I'm curious to see how the voice search will turn out. And also the evolution of the hype about the metaverse.

Hello This promo code is no longer active. We have prepared another promo code for free spins for forum participants. Follow the news!

03.05.2023 19:42 Прием полученного платежа 0.3 USD со счета U42819369 на счет U36512265. Пакет: 518876806. Памятка: Оплата API. Бонус за активность Profit-Hunters BIZ. Спасибо за бонус😊

I hope you won! Best of luck!

Are you ready? Because we are! Meet our representatives at AWSummit and spend 3 days of the conference with us! Come to our Booth S29, and we'll share with you everything that you need to know about dating and how to start working with us! See you in Bucharest! Book an appointment with our team!

❗️We have updated our Dolphin{anty} privacy policy and terms of use. Our new privacy policy is designed to provide you with greater transparency and control over your personal data. We believe that transparency is key to building trust with our users, so we have made our privacy policy easier to read and understand. It outlines the types of information we collect, how we use it, and who we share it with. We believe that our updated privacy policy and service rules will help to create a safer and more transparent online environment for our users. ✅ We at Dolphin{anty} work hard every day to improve our product to make your job comfortable and safe. Best regards, Dolphin{anty}

AdsEmpire invites all affiliates to join AWSummit and gives a promo code ADSAFF to get your ticket absolutely for free. Don't miss your chance to attend one of the top affiliate conferences this year. And for our colleagues and friends from companies, we offer a 30% discount on regular tickets using the promo code ADSP30. And let's rock this conference together! Get your ticket!

https://faq.kopeechka.store/wp-content/uploads/2023/04/spanch-1.jpg Freenom domains will be unavailable very soon❗️ On 20.04 we'll have to close them. The only thing you can do with them- reorder message. 😬 You can find more information in one of our previous posts. ➖➖➖➖➖➖ Our website Support (9:00 - 21:00 GMT+3) Official project chat (RU) Services statistic channel

I wanted to be closer to the affiliate industry so I googled affiliate marketing forums and conferences.

Dear users, we have launched a new promo campaign where everyone can compete for the main prize of $10,000! Create a YouTube video about our service and post it on your channel. You have 30 days to get as many views as possible on your video and compete for the grand prize! The winner will be selected according to several parameters: the total number of referrals, the total number of active referrals, the total amount of the referral commission. Participants who take 2nd, 3rd, 4th and 5th places will also be rewarded with cash prizes! To qualify for the competition, send a link to your video to one of our mail: sup[email protected] or [email protected].

Date : 12th May 2022. Market Update – May 12 – Tech Trounced as Inflation Possibly Peaks. USD rallies to new highs following much volatility after US CPI data for April was lower than March but higher than expected, rekindling concern that aggressive central bank action will weigh on growth. Stocks sharply into the red, Yields spiked sharply higher as talk of Treasury rout also cools with 10-yr back under 3.00%. Oil jumped after Russia sanctioned 31 companies & on recession fears. Gold slightly up, but holds below $1860. Bitcoin tumbled to new 16-month low. UK economy shrinks in March, grows 0.8% in Q1. Nomura estimated this week that 41 Chinese cities are in full or partial lockdowns, making up 30% of the country’s GDP. Reuters: “Property developer Sunac China missed a bond interest payment and will miss more as China’s real estate sector remains in the grip of a credit crunch.” New Zealand inflation survey steady. USDIndex spiked to 104.20 & holds its bid trading at 104 now. Equities – USA500 slid below the 4000 level before bouncing back, into the green with the USA30. But all of the indexes crashed into the close, paced by the USA100’s -3.18% plunge. Nikkei dropped 1.8%, the ASX also -1.8%. Yields had jumped to 2.839% and 3.07%, respectively, in the immediate aftermath of the data. 10-year rate closed 6.5 bps lower at 2.920%, with the 2-year up 3 bps to 2.64%. Oil breached $106.23 before reversing to $103.46 (PP of the day). Bitcoin fire-sale of risky assets as rate hikes gather steam, fell 7% to $26,673. FX markets – EURUSD down to 1.0489, USDJPY drifted further on EU open to 129.25, & Cable retests 1.2210. AUD & NZD at 2 year lows. Today – US PPI & Initial Claims, Speeches from BOC Gravelle. Biggest FX Mover @ (06:30 GMT) ETHUSD (-12.47%) Down to June 2021 low, at 1787. MAs aligning lower, MACD signal line & histogram extend lower, RSI 27 OS, H1 ATR 90.59, Daily ATR 236.65. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HotForex Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

Date : 11th May 2022. Market Update – May 11 – All About the Inflation Outlook. USD holds at highs and on standby for US CPI later, Stocks stalled their recent declines, Yields cool a tad as talk of Treasury rout also cools with 10-yr back under 3.00%. Oil paused its 9% slump on EU Oil ban and OPEC talk of capacity issues. Gold under $1850. Asian shares off 2-year lows (Nikkei +0.18%). Chinese Inflation hotter than expected, Biden supports FED actions, more Fed members talk rate hikes, NZ housing market shows signs of cooling. US House of Representatives approves $400bn support package for Ukraine as US intelligence chief talks of Putin preparing for “long war”. USDIndex remains under 104.00 but holds its bid trading at 103.75 now. Equities – USA500 +9.81 (0.25%) at 4001.05, US500FUTS at 4015 now. Peloton -8.7% @ $12.70 (ATH was $171), COIN -12.6%, TSLA +1.64%, TWTR -1.64% (Musk would allow TRUMP back). APPLE (+1.61%) retired the iPod after 21 years. Yields cooled -10-yr closed at 2.993%, below key 3.00% level. Trades down over 1.5% today at 2.98%. Oil & Gold both had weak & volatile sessions – USOil tested down to $98.00 before reversing to $102.20 Gold slumped from $1865 to $1830 earlier and struggles at $1845 now. No safe-haven bid. Bitcoin languishes at $31K now, over 50% down from ATH and -35% YTD FX markets – EURUSD up from 1.0500 to 1.0545, USDJPY holds over 130.00, at 130.25 and Cable continues to struggle at 1.2335. AUD outperformed in Asia. Overnight – CHINA CPI & PPI hotter than expected, (2.1% vs 1.5% & 8.0% vs 7.8%) respectively. JPY leading Indicators better than expected & German M/M CPI in-line at 0.8%. ECB’s Müller: Appropriate to raise rates into positive territory by year-end. Fed’s Waller & Mester more hawkish. (Mester talked of going beyond neutral) Today – US CPI, Speeches from Fed’s Bostic, ECB’s Lagarde, Schnabel, Elderson, de Cos, Centeno, Vasle & Muller. Earnings from Ubisoft, Siemens Energy, Poste Italiane, E.ON, Continental, ITV, Compass & Beyond Meat. Biggest FX Mover @ (06:30 GMT) AUDUSD (+0.42%) Rallied from lows at 0.6910 yesterday to 0.6970 now, next resistance 0.6980 and 0.7000 today. MAs aligning higher, MACD signal line & histogram moving higher & testing 0 line, RSI 56 & rising, H1 ATR 0.0016, Daily ATR 0.011. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HotForex Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Stuart Cowell Head Market Analyst HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

All Eyes on Euro and the ECB This Week Following the weak NFP report in the United States last Friday, the market moves to the key event of the week ahead – the European Central Bank (ECB) decision. The central bank already pre-committed to act in December, and most of the impact may already be priced in the market. However, it can still surprise the market, especially if we consider the strong Euro across the board. Strong Euro Remains a Headache for the ECB The EURUSD exchange rate reached 1.2175 ahead of the NFP report last Friday. By the time that it first reached 1.20 in the summer, the ECB verbally intervened, suggesting that the exchange rate level is too high. From that moment on, the EURUSD consolidated below 1.20, but the level eventually gave way. At this point, the Euro rallies across the FX dashboard. Not only the EURUSD rate is higher, but the EURJPY or EURGBP too. This makes this week’s ECB decision even more interesting, as if it is to surprise markets, it may do so by delivering an ultra-dovish statement. What Will the ECB Do? The ECB already hinted that it would not lower the interest rate on the deposit facility more into the negative territory. It also vowed to ease more the financial conditions since most European economies are in some kind of lockdown mode. While the decisions may already be priced in, the ECB may still surprise markets. One way of doing so is to extend the duration of policy support much more into the future than the market expects. The ECB might also extend the Pandemic Emergency Purchase Programme (PEPP) by June 2022. While the extension is expected by the market participants, the focus will be on the actual size of the package – the higher the number, the stronger the impact on the Euro. Finally, the ECB will likely use this press conference to deliver its concerns about the high exchange rate. If the central bank manages to surprise the markets, then the EURUSD should ease to 1.20 and below. On the other hand, any statement interpreted as less dovish should trigger a further rally in the EURUSD, especially considering that next week the Fed in the United States is expected to ease the policy too. All in all, expect a lot of volatility on the Euro pairs this week, considering the ECB and the ongoing Brexit negotiations. Finally, the end of the year flows should have an impact on the exchange rate too. FXOpen Blog

GBP/USD and GBP/JPY: British Pound Remains Supported GBP/USD started a fresh increase above the 1.3400 resistance zone. GBP/JPY traded as high as 140.70 before starting a major downside correction. Important Takeaways for GBP/USD and GBP/JPY The British Pound climbed higher towards the 1.3540 level before correcting lower. There was a break below a connecting bullish trend line with support near 1.3430 on the hourly chart of GBP/USD. GBP/JPY traded close to the 141.80 resistance level before starting a downside correction. There was a break below a major contracting triangle with support near 139.70 on the hourly chart. GBP/USD Technical Analysis This past week, the British Pound saw a decent increase above the 1.3400 resistance area against the US Dollar. The GBP/USD pair even broke the 1.3480 resistance to move further into a positive zone. Finally, there was a break above the 1.3500 level and the pair traded as high as 1.3539 on FXOpen. Recently, the pair started a downside correction and traded below the 1.3500 level. There was a break below the 1.3480 and 1.3450 support levels. There was also a break below a connecting bullish trend line with support near 1.3430 on the hourly chart of GBP/USD. The pair traded close to the 1.3400 level and it is currently correcting higher. It is facing resistance near the broken trend line, 1.3440, and the 50 hourly simple moving average. The 23.6% Fib retracement level of the recent decline from the 1.3539 high to 1.3408 low is also near the 1.3440 area. If there is an upside break above the 1.3440 level and the 50 hourly simple moving average, the pair could start a fresh increase. The next major resistance is near the 1.3475 level. The 50% Fib retracement level of the recent decline from the 1.3539 high to 1.3408 low is also near the 1.3473 level. Any more upsides could lead the pair above 1.3500. Conversely, the pair could decline further below 1.3408. The next major support is near the 1.3400 and 1.3385 levels. A close below the 1.3385 level might call for a larger decline towards the 1.3320 level in the near term. GBP/JPY Technical Analysis The British Pound also climbed higher above the 140.00 resistance against the Japanese Yen. The GBP/JPY pair even climbed above the 140.50 level, but it failed to continue higher above 140.75. A swing high was formed near 140.70 before the pair started a downside correction. There was a steady decline below the 140.50 and 140.20 levels. The pair even broke the 50% Fib retracement level of the upward move from the 139.47 swing low to 140.70 high. There was also a break below a major contracting triangle with support near 139.70 on the hourly chart. The pair is now trading below the 139.80 level and the 50 hourly simple moving average. It is now approaching the 139.47 swing low. The next major support is near the 139.20 level. It is close to the 1.236 Fib extension level of the upward move from the 139.47 swing low to 140.70 high. Any more losses could lead the pair towards the 139.00 support zone. On the upside, the recent breakdown zone near the 140.00 level and the 50 hourly simple moving average might act as a hurdle. The next major resistance is near the 140.25 level, above which the pair could revisit the 140.70 high. FXOpen Blog

AUD/USD and NZD/USD Signaling Downside Correction AUD/USD gained momentum above the 0.7400 level before it faced sellers near 0.7445. NZD/USD is also correcting gains and it could test the 0.7020 support. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar followed a bullish path above the 0.7350 and 0.7400 resistance levels against the US Dollar. There was a break above a key contracting triangle with resistance near 0.7385 on the hourly chart of AUD/USD. NZD/USD surged above 0.6950 and 0.7000, and even traded close to 0.7120. A major ascending channel is forming with support near 0.7055 on the hourly chart of NZD/USD. AUD/USD Technical Analysis In the past few days, the Aussie Dollar saw a steady increase above the 0.7320 pivot against the US Dollar. The AUD/USD pair even broke the 0.7400 resistance level to move into a positive zone. During the increase, there was a break above a key contracting triangle with resistance near 0.7385 on the hourly chart of AUD/USD. The upward move gained pace above 0.7400 and the pair settled above the 50 hourly simple moving average. It traded to a new monthly high at 0.7449 and recently started a downside correction. There was a break below the 0.7430 level. It is testing a key support zone near 0.7425, and the 23.6% Fib retracement level of the recent increase from the 0.7351 swing low to 0.7449 high. If there are more losses and a downside break below 0.7425, the pair could extend losses towards the 0.7400 support. The 50 hourly simple moving average is also near the 0.7405 level to act as a support. Moreover, the 50% Fib retracement level of the recent increase from the 0.7351 swing low to 0.7449 high is at 0.7400. Any more losses could lead the pair towards the 0.7350 support. Conversely, the pair could start a fresh increase above the 0.7440 level. The first major resistance is near the 0.7450 level, above which AUD/USD could accelerate higher towards the 0.7500 level. NZD/USD Technical Analysis In the past few days, there was a major increase in the New Zealand Dollar above the 0.6950 resistance level against the US Dollar. The NZD/USD pair even surged above the 0.7000 resistance zone. The pair climbed above the 0.7050 level and spiked above the 0.7100 level. A high is formed near 0.7104 and it is currently correcting lower. There was a break below the 0.7080 support level, and the pair broke the 50% Fib retracement level of the upward move from the 0.7031 swing low to 0.7104 high. The pair is now trading below the 0.7070 level and the 50 hourly simple moving average. It is testing the 61.8% Fib retracement level of the upward move from the 0.7031 swing low to 0.7104 high. There is also a major ascending channel is forming with support near 0.7055 on the hourly chart of NZD/USD. If there is a downside break below the channel support, there is a risk of more losses towards the 0.7040 and 0.7020 support levels. Conversely, the pair could stay above the channel support and start a fresh increase above 0.7065. The first major resistance is near the 0.7080 level, above which the pair could make another attempt to settle above the 0.7100 level. FXOpen Blog

LTC and EOS – Final Push To The Upside Coming? LTC/USD From last Thursday, November 26th when the price of Litecoin was sitting at the $65 level, we have seen an increase of 42.64% measured to its highest point at $92.664 made on Tuesday. Since then the price has been moving sideways, spiking to the downside at first but then making a series of lower highs. Currently, it is being traded $90 and is starting to move to the upside again. On the hourly chart, you can see that the price formed a symmetrical triangle from Tuesday’s high around the significant horizontal level at $86.486. Now we are seeing an attempt for a breakout to the upside after the price reached its apex. It is currently making a higher high compared to the last one and has started going above the territory of the triangle, moving above its resistance level. A breakout looks like developing but can still end as a fakeout on the hourly time-frame. If we see further upside movement with the hourly candle closing above the prior local high the breakout would be validated and would indicate further price growth. This rise would be the uptrend continuation from last Thursday and would be the ending wave from the five-wave impulse that is set to push the price above its higher degree high made on the 24th of November after which a significant corrective descending move was made. EOS/USD The price of EOS has also been increasing from last Thursday, coming from $2.77 area to $3.315 which was an increase of 19.26%, but has since then fallen to $3 and is currently being traded at $3.1. On the hourly chart, we can see that the price has started moving the to upside again after falling back to the levels of the 1st wave’s ending point after a previous higher degree descending move. This is why there is still a possibility that the price is developing its 5th wave from the impulsive five-wave move to the upside. If that is the case then we could see it increasing past its highest point in December made last Thursday when it found resistance at the 0.786 Fib level. The price is likely to continue increasing from here but it could very well be another corrective move before the further decline is made so we are yet to see if it manages to break the Fib level resistance and continues for a higher high. Significant horizontal resistance is sitting around $3.3 area so it might end as a truncation before its completion. FXOpen Blog