Intraday opportunities with the news
EURUSD – Intraday trade opportunities on the 1 hour chart seem possible with a break down below the support of 1.0770 can take the price back towards the 1.0740 – 1.0720 and further towards 1.0700 levels.
BRENT- The straddle trade. Here is a nice opportunity to get in to the trade which ever way it goes. Go long if it breaks the resistance with target at 58USD and go short if it breaks the support with target at 54USD.
Capitalize your profits and open an account here!
Don’t forget to watch our daily videos on our home page at www.cmtrading.com and review the daily economic data releases from our webpage.
***Information contained in this news letter are gathered from third parties and should not be regarded in any way as trade advice or recommendations by CM Trading. CM Trading does not recommend or advise traders or investors in their decision making, but merely provides information from the market for its clients as additional information being made available as per the events occurring in the financial markets.
HIGH RISK WARNING:
Trading Foreign Exchange (Forex) and Contracts for Differences (CFD’s) is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin.
© Copyright 2015 – CM Trading – All rights reserved