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


Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 ©

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.



Expert In



Control zones for USD/CAD on 08/25/20

The pair continues to trade within the medium-term accumulation zone. An "absorption" pattern of the daily level has formed after yesterday's rally. Today, the nearest resistance zone will be the WCZ 1/2 1.3261-1.3249. Testing this zone will be decisive for the pair's further movement.


If testing the WCZ 1/2 leads to a stop in growth and the formation of a sell pattern, then short trades will come forward. The lower border of the flat will be the target of the decline.

To break the flat structure and exit the accumulation zone, it will be necessary to close today's trading above the WCZ, which will allow us to consider buying tomorrow. The growth target will be the weekly CZ 1.3392-1.3369. It should be noted that the downward trend remains a medium-term impulse.


Daily CZ - daily control zone. The area formed by important data from the futures market, which changes several times a year.

Weekly CZ - weekly control zone. The zone formed by important marks of the futures market, which changes several times a year.

Monthly CZ - monthly control zone. The zone, which is a reflection of the average volatility over the past year.

The material has been provided by InstaForex Company -