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 analysis for April 12, 2017

analytics58ee0424d3f5a.png

Recently, the EUR/USD pair has been trading sideways at the price of 1.0600. According to the 4H time frame, I found a bearish flag formation inside of downward channel, which is a sign that sellers are in control and that buying looks risky. My advice is to watch for potential selling opportunitties. The short-term trend is downward.

Resistance levels:

R1: 1.0630

R2: 1.0640

R3: 1.0655

Support levels:

S1: 1.0600

S2: 1.0585

S3: 1.0575

Trading recommendations for today: watch for potential selling opportunities.

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