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*

Weekly review of the EUR/USD pair from April 8 to 13, 2019

Trend analysis (Fig. 1).

In the coming week, the price will move down with the first target support line of 1.166 (blue bold line). After reaching – move up with the first target of 1.1300 – historical resistance level (blue dotted line).

lATV7KyW-LeWx7L0hjdkv_Hze29euooN2SsO_qSF

Fig. 2 (weekly schedule).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - neutral;

- Volumes - up;

- Candlestick analysis - up;

- Trend analysis - down;

- Bollinger lines - down;

- Monthly schedule - up.

The conclusion of the complex analysis - upward movement.

The overall result of the calculation of the EUR/USD currency pair candle on a weekly schedule: the price of the week is likely to have an upward trend with the presence of the first lower shadow of the weekly white candle (Monday – down) and the absence of the second upper shadow (Friday – up).

When driving down towards the support line of 1.1166 (blue bold line), the upper movement is possible.

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