74% 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.
74%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 made a bullish bounce at the 38.2% Fibonacci retracement level of wave D (green) vs B. The current wave count is expecting price to show a bearish bounce at the Fibonacci levels of wave X (purple) for one more bearish swing towards lowe
The EUR/USD bearish price action is slowing down around the 38.2% Fibonacci retracement level of wave D (green) vs B. A bearish break below that Fib level could see price extend the bearish breakout below support (dotted green) towards the 50% or 6
The EUR/USD seems to be respecting the 38.2% Fibonacci retracement level of wave D (green) vs B. A bearish break below that Fib level could see price extend the bearish breakout below support (dotted green) towards the 50% or 61.8% Fibonacci levels
The EUR/USD stopped at the 38.2% Fibonacci retracement level of wave D (green) vs B. Any bearish break below that Fib level could see price extend the bearish breakout below support (dotted green) towards the 50% or 61.8% Fibonacci levels.
The EUR/USD respected the resistance trend line (red) and broke various support levels (dotted greens) on Friday. The bearish price action fits within the wave XY (brown) correction of wave D (green). A bullish bounce at the 50% or 61.8% Fibonacci