Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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.
AUDUSD has a downward trendline, the price is now far away from trendline and we may see a correction up to the trendline.
If the price bounces on trendline and doesn’t break above we may see more downward movements.
An update on the previous analysis, the usdchf made its correction at 38.2 and continues a big move down. Now we may see another correction around the 0.67755 level. If the price breaks above this level, we may see the price move higher.
An update on the previous analysis, USOIL breaks below the trend line and moves to 76.69. Buyers tried to control the price at this level, but without success, the price is now heading lower.
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