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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money.
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FX Breakout Monitor September 13 2019

Forex 5 minutes to read

John Hardy

Head of FX Strategy

Summary:  The FX Breakout Monitor shows few new developments today as the recent extension lower in many euro crosses was rejected as the euro rallied strongly in reaction to yesterday's ECB meeting. Next week will inevitably prove important for USD pairs over the FOMC meeting on Wednesday.

The FX Breakout Monitor is back, and it is expanded with "autosignals" that show examples of how to trade new breakouts, defined as new 19-day high or low closes not preceded by a breakout in the same direction in the prior week.
Today's FX Breakout Monitor

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