All trading involves risk. Losses can exceed deposits.

Charting FX: EUR/USD rallying but not yet turned ‘bullish’

12 December 2016: IG technical analyst Joshua Mahony says despite the hourly chart showing a rally, until $106.30 is taken out he remains bearish to the ‘crucial’ $104.62 support. USD/JPY is at an ‘interesting resistance’ point.

Open an account today

It's free to open an account, takes less than five minutes, and there's no obligation to fund or trade.