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



Daily analysis of USDX for May 18, 2016

USDX moved into a sideways tone on the H1 chart, trapped in the range established between the 94.61 and 94.35 levels. We should expect an advance toward the 94.81 level if bulls continue to reinforce the overall structure of this Index. Another scenario is still calling for a lower breakout at the 94.06 level. The MACD indicator is entering positive territory.


H1 chart's resistance levels: 94.61 / 94.81

H1 chart's support levels: 94.35 / 94.06

Trading recommendations for today: Based on the H1 chart, place buy (long) orders only if the USD Index breaks with a bullish candlestick; the resistance level is at 94.61, take profit is at 94.81, and stop loss is at 94.41.

The material has been provided by InstaForex Company -