EUR/USD Is on the Rise!
Good day,
The price of Euro has jumped. This asset might have to face a very important resistance at the 1.2350 level, away from which it may potentially drop.
The price of the Australian Dollar has formed a flag. Here the asset may confidently break this flag and jump. Commodities are on the rise therefore the Australian Dollar has the potential to go quite far.
The price of Canadian dollar has jumped from the upper side of the wedge. The asset is currently targeting its lower side, that is, the supporting level of 1.2400. This asset might pull from the lower side of the wedge, and head up.
Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group or individual or company.
High Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% and 65% of retail investor accounts lose money when trading CFDs with Tickmill UK Ltd and Tickmill Europe Ltd respectively. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group or individual or company.
Past performance is not indicative of future results.
High Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% and 75% of retail investor accounts lose money when trading CFDs with Tickmill UK Ltd and Tickmill Europe Ltd respectively. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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