DEPOSIT METHODS
Part of V&S Group
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62.5% 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.
|
An update to the previous analysis.
Dollar index didn’t respect its downwars trendline and start to moving sideways between 107.260 and 106.407 levels.
Investors should focus on these levels because wherever the price breaks can determine the next trend.
AUDJPY has recently broke its trendline, now is retesting the 94.850 level.
If that break is valid, we might see the price going further to the downside around S1 area.
If the price break above R1 this migh be the next upward wave for the bigger timeframe with the next possible level at 161.8 fibo level.
Bitcoin last week has broken its resistance level 22540.59, since has broken its upward trendline.
From technical point of view this is just a healthy correction of the bigger timeframe.
If the price bounce back at S1 we might see bitcoin continue the upward movement.
If the price breaks below S1, we may see bitcoin hovering at these levels for longer.
Online Chat Chat with us
Email：supportsohomarkets.eu
Copyright © 2023 - All rights reserved.
SohoMarkets (Cyprus) is a Trade name of Vstar & Soho Markets Ltd which is registered as a Cyprus Investment Firm (CIF) and licensed by the Cyprus Securities and Exchange Commission (CySEC) under licence number 409/22.
Vstar & Soho Markets Ltd. provides services to residents of the European Economic Area (excluding Belgium), Switzerland, India, Indonesia, Malaysia, Philippines and Vietnam.
CLIENT AGREEMENT (TERMS AND CONDITIONS) CLIENT CATEGORISATION POLICY Complaints or Grievances Policy Conflicts of Interest Policy Cookie Policy Investor Compensation Fund Key Information Document COMMODITIES CFD Key Information Document CRYPTOCURRENCIES CFD Key Information Document FX CURRENCIES CFD Key Information Document INDICES CFD Key Information Document ENERGY CFD Key Information Document METALS CFD Key Information Document STOCKS CFD Order Execution Policy Privacy Policy Risk Disclosure Execution Quality Summary Statement 2022 Disclosure and Market Discipline Report 2022