73% of retail accounts lose money when trading CFDs with this provider.
Investments involve risks and are not suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
73%of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
The EUR/USD is testing major support (green) from the daily-weekly charts but seems unable to break below these levels for the moment. If a break does occur below support (blue) then this indicate a downtrend continuation. A bullish bounce at the s
The EUR/USD broke the support trend line (dotted blue) and is now retesting the major support levels (green) from the daily-weekly charts. A break below these support (blue) levels could indicate a downtrend continuation, whereas a break above the
The EUR/USD downtrend is taking a long pause near major support levels (green) from the daily-weekly charts. A break above the resistance trend line (orange) could start a wave 2 (green) correction whereas a break below the minor support (blue) see
The EUR/USD downtrend seems to be running out of momentum as price approaches bottoms (green) from the daily chart. A break above the resistance trend line (orange) could start a wave 2 (green) correction.
The EUR/USD downtrend is approaching the bottoms (green) from the daily chart, which could act as potential bouncing spots if price is indeed in a wave 5 (brown) of wave 1 (green).