CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
November 28, 2024
Risk Disclaimer: The example below is for illustrative purposes only and is based on price movements derived from Contracts for Difference (CFDs). The calculations reflect hypothetical outcomes using historical or specified price data for the relevant instrument on the stated date and are not indicative of future performance. Any reliance placed on this material is strictly at the user’s own risk.
EUR/USD Weekly Special Report based on 1.00 Lot Calculation:
PRICE ACTION: EUR/USD
GEOPOLITICS: EUROZONE
EVENTS:
ANALYST OPITION:
EURUSD, NOVEMBER 28, 2024
Current Price: 1.0550
|
EUR/USD |
Weekly |
|
Trend direction |
|
|
1.0800 |
|
|
1.0750 |
|
|
1.0700 |
|
|
1.0400 |
|
|
1.0200 |
|
|
1.0000 |
Example of calculation based on weekly trend direction for 1.00 Lot1
|
EUR/USD |
||||||
|
Pivot Points |
||||||
|
Profit or loss in $ |
-2,500 |
-2,000 |
-1,500 |
1,500 |
3,500 |
5,500 |
|
Profit or loss in €² |
-2,372 |
-1,898 |
-1,423 |
1,423 |
3,321 |
5,219 |
|
Profit or loss in £² |
-1,974 |
-1,579 |
-1,184 |
1,184 |
2,763 |
4,342 |
|
Profit or loss in C$² |
-3,502 |
-2,801 |
-2,101 |
2,101 |
4,903 |
7,704 |
1. 1.00 lot is equivalent of 100.000 units
2. Calculations for exchange rate used as of 13:47 (GMT) 28/11/2024
There is a possibility to use Stop-Loss and Take-Profit.