As a complicated financial trading product, contracts for difference (CFDs) have the high risk of rapid loss arising from its leverage feature. Most retail investor accounts recorded fund loss in contracts for differences. You should consider whether you have developed a full understanding about the operation rules of contracts for differences and whether you can bear the high risk of fund loss.
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2022-07
Looking at EURUSD’s chart, we can see that in the past weeks, it is traded mainly between the range of 1.0270 and 1.0130 whereas currently, it is at the rate of around 1.021. After the last comment from FED, EURUSD became bullish so it should be expected to hold its rate above its support level of around 1.0160, with a high possibility to test its resistance level.
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