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 June 10, 2016

USDX made a rebound from the support zone of 93.50, and we should note that a breakout above the 93.89 level will put the Index inside a sideways range which should extend until the end of the week at least. Eventually, it may test the 200 SMA on H1 chart, where there is the last chance for sellers to resume the bearish trend.


H1 chart's resistance levels: 94.30 / 94.63

H1 chart's support levels: 93.89 / 93.50

Trading recommendations for today: Based on the H1 chart, place sell (short) orders only if the USD Index breaks with a bearish candlestick; the support level is at 93.89, take profit is at 93.50, and stop loss is at 94.28.

The material has been provided by InstaForex Company -