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 April 09, 2019

EUR/USD has been trading upwards. The price tested the level of 1.1280. We are expecting more upside movement during the day.

analytics5cac8ea3210f1.jpg

According to the H1 time-frame, we found that ADX reading above the 30 level, which is sign of the strong trend and the momentum. You have much greater odds for profit with trading together with momentum and the trend. Most recently, we found that breakout of the intraday bullish flag in the background, which is confirmation that trend is stable and that more upside movement is expected. Support level is seen at the price of 1.1255 and 1.1245. Resistance levels are seen at the price of 1.1293 and 1.1315.

Trading recommendation: We are long EUR from 1.1278 with the targets at 1.1293 and 1.1315. Protective stop is placed below 1.1250.

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