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76%
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.
English (International)
The EUR/USD bullish bounce at support (green) managed to reach the opposite side of the wedge (red resistance). The 61.8% Fibonacci resistance level caused price to build a bearish bounce, which either completes a wave X (blue) or starts a bullish
...The EUR/USD bounced at the previous bottom (green) during yesterday's trading. The bullish bounce has probably completed a bearish ABC (green). The resistance (red) and support (green) trend lines indicate a potential descending wedge chart pattern
...The EUR/USD broke the support trend line (dotted green) again and price is now building a bearish channel (orange). A break below the 78.6% Fibonacci level could see the EUR/USD fall towards the next Fibonacci targets within a larger contracting triangle (
...The EUR/USD is building a small pause at the Fibonacci level after breaking below the support trend line (dotted green). A bearish continuation could take price to lower Fibonacci levels.
The EUR/USD has retraced to the 50% Fibonac
...The trend line (orange) indeed acted as resistance and the EUR/USD fell below support (dotted green) as indicated last week. A bearish zigzag seems the most likely and the current bearish momentum is wave A (green). On the larger scale a contractin
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