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*

Short-term forecast for crude oil (October 10, 2014)

CLWeekly.png


The US data pushed the oil price to $84. The oil prices are verging on symmetric triangle in the weekly and monthly chart. In case the price closes below the bottom of the triangle or the level of 84, the new large bearish wave would generate. Earlier, we recommended to sell on every rise in September 05, 2014 article for a down side target 88,81-80 levels recorded at 94.50 levels. A break below 84.06 the prices would extend its fall to 83.65, 82.10 in the near term. We recommend again to sell on every up move or sell below 84.0. The long term view indicates strong bearish targets aiming for 77.00 June 2012 low, 71.50 multi month low and 69.50 200Msma.


Trade-


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