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 EURUSD wave 3 (purple) seems to have paused or perhaps is completed.
60 min EURUSD:
If wave 3 (purple) is indeed complete, price usually retraces back to the 38.2% Fibonacci retracement of wave 4 (purple) before continuing with the trend.
The first trading day of 2015 has arrived. Traders should be cautious when trading at end and beginning of a new year as price movements tend to be slower. The EURUSD is approaching a bigger monthly support level (green line).