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*

EUR/USD Trading Recommendations for 8th August 2016

1.1235 is the golden ratio Fibonacci retracement from the high of 24th June, 2016. It is also a 1.0 Fibonacci projection as seen by the brown arrows. This is a key resistance level for us to sell off.

1.1075 is our first profit target because it is a graphical support + 50% Fibonacci retracement level.

RSI has reacted off the 76% resistance level triggering a bearish move.

Stochastics has reacted off our 82% to 92% resistance level triggering a bearish move.

analytics579eb0722f612.png

Trading Recommendations :

Sell now and once more at 1.1235

Stop loss at 1.1305

Take profit at 1.1075

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