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 August 31, 2018

analytics5b8918abc8fc7.png

Recently, the EUR/USD pair has been trading sideways at the price of 1.1660. According to the M15 time – frame, I found the breakout of the bearish flag pattern (bearish pattern), which is a sign that sellers are in control and that buying looks risky. I also found a hidden bearish divergence on the stochastic oscillator, which is another sign of weakness. My advice is to watch for potential selling opportunities. The downward targets are set at the price of 1.1642 and at the price of 1.1600.

Resistance levels:

R1: 1.1710

R2: 1.1752

R3: 1.1786

Support levels:

S1: 1.1634

S2: 1.1600

S3: 1.1558

Trading recommendations for today: watch for potential selling opportunities.

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