Table of Contents

You may also like:

E-mini S&P 500 Index (ES) Futures Technical Analysis – Strong Upside Momentum Could Lead to Test of 2880.50

The market began its recovery on news that President Donald Trump plans to delay the implementation of auto tariffs. The news, which was first reported by Bloomberg News, sent auto stocks higher. Additionally, three sources told CNBC the administration will delay those levies by up to six months.

Bullish Scenario

A sustained move over 2843.75 will indicate the presence of buyers. The next target is an up trending Gann angle at 2861.75. This is a potential trigger point for an acceleration to the upside with the next targets the short-term 50% level at 2880.50 and the down trending Gann angle at 2881.25

https://www.fxempire.com/forecasts/article/e-mini-sp-500-index-es-futures-technical-analysis-strong-upside-momentum-could-lead-to-test-of-2880-50-574587

Number of Lots:
Required Margin:
Risk Management (200%):
Potential Profit / Loss @ 2880.5
0.5
€ 6,359.38
€ 12,718.75
€ 1,383.93
1
€ 12,718.75
€ 25,437.50
€ 2,767.86
5
€ 63,593.75
€ 127,187.50
€ 13,839.29
10
€ 127,187.50
€ 254,375.00
€ 27,678.57
20
€ 254,375.00
€ 508,750.00
€ 55,357.14

EUR/USD bounces off lows, stays around 1.1200 ahead of ECB-speak

The pair is up smalls at the time of writing, always orbiting around the key 1.1200 handle and against a fragile backdrop following US-China trade concerns, renewed effervescence in the Italian political scenario and ahead of speeches by ECB officials (at 11:15 )

Number of Lots:
Required Margin:
Risk Management (200%):
Potential Profit / Loss @ 1.1302
1
€ 3,333.33
€ 6,666.67
€ 1,038.40
5
€ 16,666.67
€ 33,333.33
€ 5,192.00
10
€ 33,333.33
€ 66,666.67
€ 10,384.00
25
€ 83,333.33
€ 166,666.67
€ 25,960.00
50
€ 166,666.67
€ 333,333.33
€ 51,920.00

Risk Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.28% of retail investor accounts lose money when trading CFDs with this provider. The information contained in this market review should not be construed in any way, as containing investment advice and/or a suggestion and/or solicitation for any trading activity and financial transaction. There is no guarantee and/or prediction of future performance. EuropeFX, its affiliates, agents, directors or employees do not guarantee the accuracy and validity of any information or data made available and assume no liability as to any loss arising from any investment based on the same. Trading Forex/CFD’s carries a high level of risk and can result in the loss of your whole investment. Forex/CFD’s are leveraged products and therefore Forex/CFD’s trading may not be appropriate for all investors. It is recommended that you do not invest more money than you can afford to lose to avoid significant financial problems in the case of losses. Please make sure you define the maximum risk acceptable for yourself.

Notice!

MAXIFLEX LTD, is a Cypriot company with a registration number HE327484, which is licensed by the Cyprus Securities and Exchange Commission (Cysec) under license number 258/14 (“the company”).
The company provide services to residents of the European Union area via its website www.europefx.com (“the website”).
The website contains information that can be associated with E.U. guidelines and regulations.
By dismissing this pop up or pressing the “cancel” button, you agree to the terms and conditions of website and confirm that you have read and understood this notice.
If instead, you would like to visit our Australian website please proceed by clicking on ‘continue’.
Should you click on ‘cancel’, you will remain in the website.”

eFXGO! Official iOS Mobile App Free • available on app store

4.5/5