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*

Elliott wave analysis of EUR/NZD for June 15 - 2015

2015-06-15-EURNZD-4H.png

Technical summary:

After a small consolidation, we belive that the next strong upside rally is about to be seen, and a break above 1.6159 will confirm acceleration towards the next upside target at 1.6446.In the short term, we expect minor support at 1.6050 to protect the downside for the break above 1.6159 for the move higher towards 1.6446. However, an unexpected break below 1.6050 will delay the expected upside pressure for a move closer to 1.5942 before up again.

Trading recommendation:

We are long EUR from 1.5810 with stop at 1.5935. If you are not long EUR yet, then put EUR near 1.6050 or upon a break above 1.6159 with the same stop at 1.5935.

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