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 of major currency pairs on April 26

Dear colleagues.

For the currency pair Euro/Dollar, the continuation of the downward movement is expected after the breakdown of 1.1100 and the level of 1.1175 is the key support. For the currency pair Pound/Dollar, the development of the downward structure of April 23 is expected after the passage of the range of 1.2891 – 1.2870. For the currency pair Dollar/Franc, the continuation of the upward movement is expected after the breakdown of 1.0225 and we consider the downward movement as a correction. For the currency pair Dollar/Yen, the price forms the expressed initial conditions for the downward cycle of April 24. For the currency pair Euro/Yen, the continuation of the downward movement is expected after the breakdown of 124.05 and the level of 124.71 is the key support. For the Pound/Yen currency pair, the subsequent targets for the downward movement clarified from the local structure on April 23 is the key resistance level of 143.80 and the key support level of 144.53.

Forecast for April 26:

Analytical review of H1-scale currency pairs:

NJ4p-yy5-FFdM9AIR6NzKdu9DA0GE9zeO96FLuTE

For the currency pair Euro/Dollar, the key levels on the H1 scale are 1.1200, 1.1175, 1.1153, 1.1113, 1.1100 and 1.1069. We follow the local downward structure of April 22. The continuation of the downward movement is expected after the price passes the range of 1.1113 – 1.1100. In this case, the goal is 1.1069, upon reaching this level, we expect a rollback to the top.

The short-term upward movement is possible in the range of 1.1153 – 1.1175, and the breakdown of the last value will lead to a prolonged correction. The target is 1.1200 and this level is the key support for the downward structure.

The main trend is the local structure of April 22.

Trading recommendations:

Buy 1.1153 Take profit: 1.1173

Buy 1.1175 Take profit: 1.1200

Sell: 1.1100 Take profit: 1.1070

Sell: Take profit:

alDfD1s6UNerowGllqqUeSeRcd5FpX1WXjOJV0md

For the currency pair Pound/Dollar, the key levels on the H1 scale are 1.2966, 1.2940, 1.2924, 1.2891, 1.2870, 1.2831 and 1.2805. We follow the local downward structure of April 23. The short-term downward movement is expected in the area of 1.2891 – 1.2870 and the breakdown of the last value should be accompanied by a pronounced movement. The target is 1.2831. We consider the level of 1.2805 as a potential value for the bottom, upon reaching which, we expect a rollback to the top.

The short-term upward movement is expected in the area of 1.2924 – 1.2940 and the breakdown of the last value will lead to an in-depth correction. The goal is 1.2966 and this level is the key support for the downward structure.

The main trend is a local downward structure of April 23.

Trading recommendations:

Buy: 1.2940 Take profit: 1.2965

Buy: 1.2968 Take profit: 1.3016

Sell: 1.2890 Take profit: 1.2871

Sell: 1.2869 Take profit: 1.2831

2GgJcv7QXVcoepTQbNB983InncW0xLBhe1JGrpOQ

For the currency pair Dollar/Franc, the key levels on the H1 scale are 1.0286, 1.0257, 1.0225, 1.0193, 1.0176 and 1.0146. We continue to follow the development of the upward structure from April 12. The continuation of the upward movement is expected after the breakdown of 1.0225. In this case, the goal is 1.0257, consolidation is near this level, and hence the probability of a turn to the bottom is high. We consider the level of 1.0286 as a potential value for the top, upon reaching which, we expect a correction.

The short-term downward movement is possible in the area of 1.0193 – 1.0176 and the breakdown of the last value will lead to a prolonged correction. The target is 1.0146 and this level is the key support for the top.

The main trend is the ascending cycle of April 12.

Trading recommendations:

Buy: 1.0225 Take profit: 1.0255

Buy: 1.0258 Take profit: 1.0286

Sell: 1.0193 Take profit: 1.0176

Sell: 1.0174 Take profit: 1.0146

G2ke7TD7vAZMUXMrCHVIQvhO-NaaQq0le585GhJ-

For the currency pair Dollar/Yen, the key levels on the H1 scale are 112.14, 111.89, 111.74, 111.44, 111.30, 110.97 and 110.57. The price forms a pronounced potential for the downward movement of April 24. The development of the downward structure is expected after the price passes the range of 111.44 – 111.30. In this case, the target is 110.97 and consolidation is near this level. We consider the level of 110.57 as a potential value for the downward cycle, near which we expect consolidation, as well as a rollback to the top.

The short-term upward movement is possible in the area of 111.74 – 111.89 and the breakdown of the latter value will lead to a prolonged correction. The goal is 112.14 and this level is the key support for the downward structure of April 24.

The main trend is the formation of the downward structure of April 24.

Trading recommendations:

Buy: 111.74 Take profit: 111.88

Buy: 111.90 Take profit: 112.14

Sell: 111.30 Take profit: 111.00

Sell: 110.95 Take profit: 110.58

Tz0fWx3m64MaoyQUVOCsT7Abasx8lQVmW0tPJs2p

For the currency pair Canadian Dollar/Dollar, the key levels on the H1 scale are 1.3585, 1.3558, 1.3516, 1.3496, 1.3469, 1.3442, 1.3407 and 1.3370. We continue to follow the development of the upward cycle of April 17. The continuation of the upward movement is expected after the passage by the price of the range of 1.3496 – 1.3516. In this case, the goal is 1.3558. We consider the level of 1.3585 as a potential value for the top. Upon reaching this level, we expect consolidation, as well as a rollback to the bottom.

The short-term downward movement is possible in the area of 1.3469 – 1.3442 and the breakdown of the last value will lead to an in-depth correction. The goal is 1.3407 and this level is the key support for the top. Its breakdown will have to form the initial conditions for the downward cycle. In this case, the goal is 1.3370.

The main trend is the ascending structure of April 17, the stage of correction.

Trading recommendations:

Buy: 1.3516 Take profit: 1.3555

Buy: 1.3558 Take profit: 1.3585

Sell: 1.3469 Take profit: 1.3444

Sell: 1.3440 Take profit: 1.3410

-HxvqPmcCFMBY1Wn19WVxKEH3WYDssraPvw_8CFx

For the currency pair Australian Dollar/Dollar, the key levels on the H1 scale are 0.7064, 0.7040, 0.7024, 0.7003, 0.6991 and 0.6967. We continue to follow the development of the downward structure of April 17. The continuation of the downward movement is expected after the price passes the range of 0.7003 – 0.6991. In this case, the potential target is 0.6967, from this level, we expect a rollback to the top.

The short-term upward movement is possible in the range of 0.7024 – 0.7040 and the breakdown of the last value will lead to a deep correction. The goal is 0.7064 and this level is the key support for the downward structure.

The main trend is the downward cycle of April 17, the stage of correction.

Trading recommendations:

Buy: 0.7024 Take profit: 0.7040

Buy: 0.7042 Take profit: 0.7064

Sell: Take profit:

Sell: 0.6990 Take profit: 0.6967

WPKG5s2pLWpgSVpfqsTCLStAZFwvbkPHKIfw-mAf

For the currency pair Euro/Yen, the key levels on the H1 scale are 125.25, 125.02, 124.71, 124.48, 124.05, 123.82 and 123.30. We follow the development of the downward structure from April 17th. The short-term downward movement is possible in the area of 124.05 – 123.82 and the breakdown of the latter value will allow expecting the movement towards a potential target – 123.30, from this level, we expect a rollback to the top.

The short-term upward movement is possible in the area of 124.48 – 124.71 and the breakdown of the latter value will lead to a prolonged correction. In this case, the target is 125.02 and the range of 125.02 – 125.25, in which we expect the top of the initial conditions for the upward cycle to be formed.

The main trend is the downward structure of April 17.

Trading recommendations:

Buy: 124.48 Take profit: 124.70

Buy: 124.74 Take profit: 125.02

Sell: 124.05 Take profit: 123.84

Sell: 123.80 Take profit: 123.35

a3eq7LytB1bPYK3H9SZEw0i7aztVYRX-997UBK8z

For the currency pair Pound/Yen, the key levels on the H1 scale are 145.07, 144.87, 144.53, 144.29, 143.80, 143.49, 143.11 and 142.89. The subsequent targets for the downward movement were clarified from the local structure on April 23. The short-term downward movement is expected in the range 143.80 – 143.49 and the breakdown of the last value will lead to a pronounced movement. The target is 143.11. We consider the level of 142.89 as a potential value for the bottom, after reaching which we expect consolidation in the area of 142.89 – 143.11, as well as a rollback to the top.

The short-term upward movement is possible in the area of 144.28. – 144.53 and the breakdown of the last value will lead to a prolonged correction. The target is 144.87 and the range of 144.87 – 145.07. Before it, we expect the potential for the ascending structure to be formed.

The main trend is the local structure of April 23.

Trading recommendations:

Buy: 144.28 Take profit: 144.50

Buy: 144.55 Take profit: 144.85

Sell: 143.80 Take profit: 143.54

Sell: 143.45 Take profit: 143.11

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