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*

Daily analysis of USDX for January 26, 2016

USDX has found resistance at the 99.49 level and now we can see a decline towards the support level of 99.22 where the nearest moving average (200) is located . It seems the bullish bias will remain alive, as the index is still trading above that price zone. Besides, there are no significant bearish patterns formations on the road.

USDXH1.png

H1 chart's resistance levels: 99.49 / 99.69

H1 chart's support levels: 99.22 / 98.97

Trading recommendations for today: Based on the H1 chart, place buy (long) orders only if the USD index breaks a bullish candlestick; the resistance level is at 99.49, take profit is at 99.69, and stop loss is at 99.28.

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