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*

Indicator analysis. Monthly review for the currency pair GBP / USD for January 2019.

Trend analysis (Fig. 1).

In January, the bulls may again try to move upwards with the first target of 1.2928, a rolling level of 23.6% (yellow dashed line).

qzq9WFL3cd24ce9UHOBpTryvEiisgFlUiqGRVu5p

Fig. 2 (monthly schedule).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Volumes - up;

- Candlestick analysis - up;

- Trend analysis - up;

- Bollinger lines - down;

Conclusion of the complex analysis - possible top.

The total result of calculating the candle of the GBP / USD currency pair on a monthly schedule: the price is likely to have an upward trend with the absence of the first lower shadow (the first week of the month is white) for the monthly white candle and the presence of the second upper shadow (the last week is black). The first target of 1.2928 is the rolling level of 23.6% (yellow dashed line).

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