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*

Fractal analysis for major currency pairs on September 24

Dear colleagues.

For the currency pair Euro / Dollar, the continuation of the upward movement is expected after the passage at the price range of 1.1809 - 1.1829. For the Pound / Dollar currency pair, we follow the formation of the downward structure of September 20. For the Dollar / Franc currency pair, the development of the downward movement is possible after the breakdown of 0.9543. For the Dollar / Yen currency pair, we follow the local upward structure of September 13 and the continuation of the upward movement forward after the breakdown of 113.01. For the currency pair Euro / Yen, we expect the continuation of the upward movement after the breakdown of 133.16 and at the moment, the price is in correction. For the Pound / Yen currency pair, we follow the formation of the downward structure of September 21.

Forecast for September 21:

Analytical review of currency pairs in the scale of H1:

analytics5ba835e4b8daf.png

For the currency pair Euro / Dollar, the key levels on the scale of H1 are: 1.1864, 1.1829, 1.1809, 1.1748, 1.1728 and 1.1701. Here, we continue to follow the local upward structure of September 17. The short-term upward movement is expected in the range of 1.1809 - 1.1829 and the breakdown of the last value will lead to a movement to the potential target of 1.1864, upon reaching this level, we expect a rollback into correction.

The short-term downward movement is possible in the range of 1.1748 - 1.1728 and the breakdown of the last value will lead to an in-depth correction. Here, the target is 1.1701 and this level is the key support for the top.

The main trend is a local structure for the top of September 17, the area of correction.

Trading recommendations:

Buy 1.1810 Take profit: 1.1827

Buy 1.1830 Take profit: 1.1860

Sell: 1.1746 Take profit: 1.1730

Sell: 1.1726 Take profit: 1.1705

analytics5ba835fc2322e.png

For the Pound / Dollar currency pair, the key levels on the H1 scale are: 1.3204, 1.3144, 1.3111, 1.3040, 1.2995, 1.2957, 1.2867 and 1.2803. Here, we follow the formation of a downward structure from September 20. The continuation of the movement downwards is expected after the breakdown of 1.3040. In this case, the target is 1.2995, up to this level we expect the formation of pronounced initial conditions for the bottom. The passage at the price range of 1.2995 - 1.2957 will lead to the development of a pronounced downward movement. Here, the target is 1.2867. The potential value for the bottom is the level of 1.2803, upon reaching which we expect a rollback to the top.

The short-term upward movement is possible in the range of 1.3111 - 1.3144 and the breakdown of the last value will lead to an in-depth correction. Here, the target is 1.3204 and this level is the key support for the downward structure.

The main trend is the formation of a downward structure from September 20.

Trading recommendations:

Buy: 1.3111 Take profit: 1.3142

Buy: 1.3146 Take profit: 1.3202

Sell: 1.3040 Take profit: 1.2995

Sell: 1.2955 Take profit: 1.2870

analytics5ba8361a28633.png

For the Dollar / Franc currency pair, the key levels on the scale of H1 are: 0.9637, 0.9608, 0.9590, 0.9562, 0.9543 and 0.9512. Here, we continue to follow the downward structure of September 11. The short-term downward movement is possible in the range of 0.9562 - 0.9543 and the breakdown of the last value will lead to a movement to the potential target of 0.9512, from this level we expect a rollback upward.

The short-term upward movement is possible in the range of 0.9590 - 0.9608 and the breakdown of the last value will lead to an in-depth correction. Here, the target is 0.9637 and this level is the key support for the top.

The main trend is the downward structure of September 11.

Trading recommendations:

Buy: 0.9590 Take profit: 0.9606

Buy: 0.9610 Take profit: 0.9635

Sell: 0.9540 Take profit: 0.9514

Sell: Take profit:

analytics5ba8363acada8.png

For the currency pair Dollar / Yen, the key levels on the scale of H1 are: 113.95, 113.53, 113.34, 113.01, 112.64, 112.41, 112.13 and 111.96. Here, we follow the local top-down structure on September 13. The continued upward movement is expected after the breakdown of 113.01. In this case, the target is 113.34 and in the range of 113.34 - 113.53 is the consolidation. The potential value for the top is the level of 113.95, upon reaching which we expect a pullback downwards.

The short-term downward movement is possible in the range of 112.64 - 112.41 and the breakdown of the last value will lead to an in-depth correction. Here, the target is 112.13 and the range of 112.13 - 111.96 is the key support for the top.

The main trend is the local upward structure of September 13.

Trading recommendations:

Buy: 113.01 Take profit: 113.34

Buy: 113.55 Take profit: 113.95

Sell: 112.62 Take profit: 112.45

Sell: 112.38 Take profit: 112.15

analytics5ba83675df37a.png

For the Canadian Dollar / Dollar currency pair, the key levels on the scale of H1 are: 1.3065, 1.3003, 1.2968, 1.2945, 1.2888, 1.2837 and 1.2804. Here, we follow the downward structure of September 18. The continued downward movement is expected after the breakdown of 1.2888. In this case, the target is 1.2837. We consider the level of 1.2804 to be a potential value for the downward structure, after which we expect consolidation, and also a rollback to the top.

The short-term upward movement is possible in the range of 1.2945 - 1.2968 and the breakdown of the latter value will lead to an in-depth correction. Here, the target is 1.3003 and this level is the key support for the downward structure from September 18.

The main trend is a local downward structure from September 18.

Trading recommendations:

Buy: 1.2945 Take profit: 1.2966

Buy: 1.2970 Take profit: 1.3000

Sell: 1.2888 Take profit: 1.2840

Sell: 1.2835 Take profit: 1.2805

analytics5ba83687696b6.png

For the Australian Dollar / Dollar currency pair, the key levels on the scale of H1 are: 0.7390, 0.7362, 0.7320, 0.7287, 0.7252, 0.7224 and 0.7186. Here, we follow the upward cycle of September 11. The short-term upward movement is expected in the range of 0.7287 - 0.7320 and the breakdown of the last value will lead to a movement to the level of 0.7362. The potential value for the top is the level of 0.7390, after which we expect consolidation.

The short-term downward movement is expected in the range of 0.7252 - 0.7224 and the breakdown of the last value will lead to an in-depth correction. Here, the target is 0.7186, this level is the key support.

The main trend is the ascending structure of September 11.

Trading recommendations:

Buy: 0.7287 Take profit: 0.7320

Buy: 0.7322 Take profit: 0.7360

Sell: 0.7252 Take profit: 0.7226

Sell: 0.7222 Take profit: 0.7188

analytics5ba8369c83bb3.png

For the Euro / Yen currency pair, the key levels on the scale of H1 are: 134.55, 133.85, 133.16, 132.29, 131.86, 131.32 and 131.02. Here, we continue to follow the development of the upward cycle of September 10. At the moment, the price is in correction. The continuation of the upward movement is expected after the breakdown of 133.16. In this case, the target is 133.85 and near this level is the consolidation. The potential value for the upward trend is the level of 134.55, upon reaching which we expect a pullback downwards.

The short-term downward movement is possible in the range of 132.29 - 131.86 and the breakdown of the last value will lead to an in-depth correction. Here, the target is 131.32 and the range of 131.32 - 131.02 is the key support for the top.

The main trend is the upward cycle of September 10.

Trading recommendations:

Buy: 133.16 Take profit: 133.80

Buy: 133.90 Take profit: 134.50

Sell: 132.27 Take profit: 131.88

Sell: 131.80 Take profit: 131.36

analytics5ba836ae1ca3a.png

For the Pound / Yen currency pair, the key levels on the scale of H1 are: 148.69, 148.10, 147.66, 146.84, 145.89, 144.86 and 144.11. Here, we follow the formation of a downward structure from September 21. The continuation of the movement downwards is expected after the breakdown of 146.84. In this case, the target is 145.89 and near this level is the consolidation. The breakdown of 145.89 will lead to the development of a pronounced movement. Here, the target is 144.86. We consider the level of 144.11 to be a potential value for the bottom, after which we expect a rollback to the top.

The short-term uptrend is possible in the range of 147.66 - 148.10 and the breakdown of the last value will lead to an in-depth correction. Here, the target is 148.69 and this level is the key support for the downward structure from September 21.

The main trend is the formation of a downward structure from September 21.

Trading recommendations:

Buy: 147.66 Take profit: 148.10

Buy: 148.15 Take profit: 148.65

Sell: 146.80 Take profit: 146.05

Sell: 145.85 Take profit: 144.20

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