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 for the EUR/USD currency pair for the week from September 30 to October 5

Trend analysis.

This week, after testing the target level of 161.8%, the price will try to start moving upwards in a pullback with the first target of 1.0978 – a pullback level of 14.6% (blue dotted line).

analytics5d91a5af74581.png

Fig. 1 (weekly chart).

Complex analysis:

- Indicator analysis – up;

- Fibonacci levels – up;

- Volumes – up;

- Candlestick analysis – neutral;

- Trend analysis – down;

- Bollinger Bands – down;

- Monthly chart – up.

The conclusion of the complex analysis – an upward movement.

The total result of calculating the candle of the EUR/USD currency pair according to the weekly chart: the price for weeks is more likely to have an upward trend with the absence of the first lower shadow of the weekly white candlestick (Monday – up) and the presence of the second upper shadow (Friday – down).

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