What is pola Forex Candlestick, ask or spread? How much money can I control? How much can I earn or lose? How to set the stop loss?
Why specify the take profit order? How to set the take profit order? I agree with personal data protection statement below. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please take note that we do not accept clients from the following countries: Canada, U. EURUSD looked as confused as ever last week. Just when it seemed like Tuesday’s bullish engulfing candle would take prices higher, Wednesday’s session erased all of those gains and then some.
It’s a degree of indecision that has plagued the single currency since October 2018. In fact, I could argue that EURUSD has been in consolidation mode since May of last year. That’s when this choppy price action began. With that in mind, I think it’s wise to limit expectations. These market conditions are not conducive to 400-pip targets. Something closer to 100 pips or 150 pips at most seems more appropriate. That’s exactly what we may see from EURUSD if the 1.
40 support area can trigger a bounce over the coming sessions. You can unsubscribe at any time. Should buyers take the euro higher this week, a target near 1. 80 would make sense given the descending channel that is now visible.
GBPUSD has been another tough pair to read this year. We’ve seen a couple of false breaks from the pair just in the last six weeks. But more than that, the erratic price action in 2019 makes GBPUSD less than ideal for trading. The same can be said for EURUSD. The false break above descending channel resistance last month is indicative of continued weakness.