MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

Elliott wave analysis of EUR/NZD for November 11, 2015

2015-11-11-EURNZD-4H.png

Wave summary:

We are going absolutely nowhere at the moment. This indicates that energy is accumulating, and once the base is broken, the following move higher or lower will prove to be strong. As long as support at 1.6179 protects the downside, we do prefer a break above 1.6545, which calls for a rally higher to 1.8020.

If, however, support at 1.6179 is broken, a quick decline to 1.5882 should be seen.

Trading recommendation:

We will buy EUR at 1.6210 or upon a break above 1.6545. Stop and revers of the position will be placed at 1.6120.

The material has been provided by InstaForex Company - www.instaforex.com