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 remains in triangle marked by support (green) and resistance (red) after completing 5 bearish waves down (brown). There is now a decent chance for a wave 2 (green) pullback or alternatively a wave B retracement.
The EUR/USD is showing bullish price action at the moment, which still has a major resistance zone above it (red trend line and 1.1250 round level). A break above the resistance could indicate the potential for price to make a larger bullish correction whe
The EUR/USD remains in a bearish trend as long as price stays below the broken support (green) and resistance line (red). The next major support level is the 61.8% Fib target and the 1.10 psychological round level.