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 April 20 - 2015

2015-04-20-EURNZD-4H.png

Technical summary:

We are still looking for a decline to 1.3867 and even lower to 1.3686 as long as minor resistance at 1.4105 protects the upside. Now, the decline from 1.5821 is well advanced and it should be just a matter of time before a firm bottom is found. A break above 1.4105 will be the first good indication that a firm bottom could be in place, while a break above 1.4237 is going to confirm the bottom and call for a continuation higher to 1.4547.

Trading recommendation:

We are short EUR from 1.4145 and will move our stop+revers lower to 1.4105.

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