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 September 08, 2017

analytics59b285db77dc0.png

Recently, the EUR/USD pair has been trading upwards. The price tested the level of 1.2092. According to the 30M time frame. I found a successful test of supply in a low volume, which is a sign that selling looks risky and that buyers are in control. I placed Fibonacci expansion from recent swings to find potential uwpard targets. I got Fibonacci expansion 61.8% at the price of 1.2100, FE 100% at the price of 1.12140 and FE 161.8% at the price of 1.2200. Watch for potential buying opportunities.

Resistance levels:

R1: 1.2085

R2: 1.2140

R3: 1.2230

Support levels:

S1: 1.1930

S2: 1.1850

S3: 1.1790

Trading recommendations for today: watch for potential buying opportunities.

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