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*

Technical analysis: Important intraday levels for EUR/USD, May 09, 2019

analytics5cd3af7c41397.jpg

The economic calendar does not contain any economic data from the eurozone today. The US will present a batch of economic reports such as Treasury Currency Report, 30-y Bond Auction, Natural Gas Storage, Final Wholesale Inventories m/m, Unemployment Claims, Trade Balance, Core PPI m/m, and PPI m/m. So amid such an economic calendar, EUR/USD is going to trade with low to medium volatility during this day.

TODAY'S TECHNICAL LEVELS:

Breakout BUY Level: 1.1252

Strong Resistance: 1.1246

Original Resistance: 1.1235

Inner Sell Area: 1.1224

Target Inner Area: 1.1198

Inner Buy Area: 1.1172

Original Support: 1.1161

Strong Support: 1.1150

Breakout SELL Level: 1.1144

Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all Traders or Investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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