All trading involves risk. Losses can exceed deposits.

Charting FX: waiting to go long on a day trade for EUR/USD

23 February 2017: IG technical analyst, Joshua Mahony, looks at the complicated picture for EUR/USD. He says while the down trend remains, he’s taking a long position for the interim. Here he analyses the levels and also looks at GBP/USD and NZD/USD.

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.