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*

Indicator analysis. Daily review on EUR / USD for July 31, 2020

Trend analysis (Fig. 1).

The market may continue to move upward from the level of 1.1849 (closing of yesterday's daily candle) with the target at 1.2103 - a 76.4% pullback level (blue dotted line).

analytics5f23c342ecfd1.jpg

Fig. 1 (daily chart).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Volumes - up;

- Candlestick analysis - down;

- Trend analysis - up;

- Bollinger lines - up;

- Weekly chart - up.

General conclusion:

Today the price may continue to move upward with the target at 1.2103 - a 76.4% pullback level (blue dotted line).

Another possible scenario is an upward movement to the upper border of the Bollinger line indicator 1.1990 (purple dashed line). From this level, a downward pullback is possible with the target at 1.1871 - a 14.6% pullback level (red dotted line).

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