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*

EUR/USD analysis for February 15, 2018

analytics5a855d42ee5da.png

Recently, the EUR/USD has been trading upwards. The price tested the level of 1.2510. Anyway, according to the 30M time-frame, I found that the price failed to test a pivot resistance 1 at 1.2515, which is a sign that buyers lost power. I also found a hidden bearish divergence on the stochastic oscillator, which is another sign of weakness. My advice is to watch for potential selling opportunities. The downward target is set at the price of 1.2395.

Resistance levels:

R1: 1.2518

R2: 1.2585

R3: 1.2710

Support levels:

S1: 1.2330

S2: 1.2210

S3: 1.2145

Trading recommendations for today: watch for potential selling opportunities.

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