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 May 11, 2018

analytics5af56b915f036.png

Recently, EUR/USD has been trading upwards. The price tested the level of 1.1946. According to the H1 time - frame, I found a broken short-term downward channel, which is a sign that selling looks risky. I also found a potetnial leading diagonal in creation and hidden bullish divergence on the RSI oscillator in the background, which is a sign of strength. My advice is to watch for potential buying opportunities. The upward target is set at the price of 1.2000.

Resistance levels: R1: 1.1960R2: 1.2006R3: 1.2065 Support levels: S1: 1.1857S2: 1.1798 S3: 1.1753

Trading recommendations for today: watch for potential buying opportunities.

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