The current formation on NZDUSD shows a cycle degree intervening wave x, as part of a triple combo wave.

Equity markets continued to whipsaw. The equity index recovered from Tuesday’s losses. This comes as news sources cite that the US and China were moving closer to an agreement. President Trump was also seen confirming that the trade talks were going well.

XAUUSD seems to be forming the final part of a bullish 5-wave impulse consisting of primary waves ①-②-③-④ and ⑤.

Two of the most popular forms of technical trading are using indicators and price action trading. When using indicators, traders are generally looking to execute a trade based on an indicator signal. For example, if MACD turns bearish, traders will execute a sell trade. Or, if the RSI indicator is oversold, traders will execute a buy trade.

Let’s put it this way: Trading with CFDs can be safe. However, for a lot of people, the appeal is precisely the risks associated with it. Maybe skiing would be a good analogy.