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*

Technical analysis of EUR/USD for November 04 2015

Technical outlook and chart setups:

The EUR/USD pair is seen to be trying to test the 1.0900 levels again. The pair is trading around 1.0925/30 for now, and a bullish reversal here should be expected soon. Please note that the pair could correct through the 1.1270 levels before reversing lower. The structure could still be a corrective rally though. It is hence recommended to initiate long positions with risk below 1.0900. Immediate support is seen at the 1.0900 levels (interim), followed by 1.0800 and lower, while resistance is seen at the 1.1100 levels, follower by 1.1375 and higher.

Trading recommendations:

Remain long now, stop is at 1.0870, target is open.

Good luck!

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