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*

Forecast for AUD/USD on January 3, 2019

AUD/USD

The Australian dollar worked out a target range of 0.7023/49, after which it turned sharply down. The signal line of the Marlin Oscillator on the daily chart has formed a sharp peak, which is a sign of a reversal or deep correction of the instrument. The target point is the 0.6928 mark - support for the embedded line of the price channel. Overcoming the first goal opens the way to support the MACD line at about 0.6866, which is also a low on May 17 and 23.

analytics5e0eafd23cfa7.png

On the four-hour chart, the price began to fall immediately after the formation of divergence according to Marlin. The oscillator signal line is already in the negative trend zone, but the price is still above the MACD line (blue indicator), for a more reliable downward signal the price should overcome this line, go below 0.6960.

analytics5e0eafe761f97.png

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