Trump

Market Review 10-05

Market Review 10-05

The US-China negotiation driven risk sentiment favors safe-havens like the JPY.

EUR/JPY technical analysis

With the risk aversion ruling over market sentiment off-late, the EUR/JPY pair took a U-turn from immediate resistance-line as it trades near 123.20 ahead of the Europe markets open on Friday.

Pivot- 123.20

Short positions below 123.60 with targets at 122.50 & 122.00 in extension

Number of Lots:
Required Margin:
Risk Management (200%):
Potential Profit / Loss @ 1.7120
1
€ 3,333.33
€ 6,666.67
€ 972.00
5
€ 16,666.67
€ 33,333.33
€ 4,860.00
10
€ 33,333.33
€ 66,666.67
€ 9,720.00
25
€ 83,333.33
€ 166,666.67
€ 24,300.00
50
€ 166,666.67
€ 333,333.33
€ 48,600.00

EUR/USD finds traction above 1.1200, attention remains on trade

EUR/USD focused on US-China trade, US data

The bid tone around the European currency remains well and sound in the second half of the week and it has propelled EUR/USD above the critical 1.1200 the figure on an apparent more convincing fashion.

https://www.fxstreet.com/news/eur-usd-finds-traction-above-11200-attention-remains-on-trade-201905100554

Pivot-1.1226

Long positions above 1.1180 with targets at 1.1262 & 1.1320 in extension

Number of Lots:
Required Margin:
Risk Management (200%):
Potential Profit / Loss @ 1.1320
1
€ 3,333.33
€ 6,666.67
€ 845.50
5
€ 16,666.67
€ 33,333.33
€ 4,227.50
10
€ 33,333.33
€ 66,666.67
€ 8,455.00
25
€ 83,333.33
€ 166,666.67
€ 21,137.50
50
€ 166,666.67
€ 333,333.33
€ 42,275.00

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61.79% 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. Find more details about risk here.