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The forex market is quite calm today after the tension in Ukraine faded as Russian President Vladimir Putin said he saw no need to use military force for now. For today I did not even try to open a position as I can forecast what will happen in the geopolitical frontier. Still I have a sell EUR/USD order at 1.3792 pending.
First support for EUR/USD at 1.3711
Second support for EUR/USD at 1.3685
Third support for EUR/USD at 1.3644
First resistance level for EUR/USD at 1.3778
Second resistance level for EUR/USD at 1.3819
Third resistance level for EUR/USD at 1.3845
Trading Forex/CFD & Options on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts. All accounts are margin leveraged accounts. Clients must maintain an adequate amount of margin to sustain their positions, if equity levels drops to 10% of used margin, a margin call will occur. It is the investor’s responsibility to maintain a sufficient level of margin
