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 November 16, 2018

analytics5beea7c5412c5.png

Recently, the EUR/USD pair has been trading sideways at the price of 1.1325. Anyway, according to the H1 time – frame, I found a fake breakout of the yesterday's high at the price of 1.1363, which is a sign that buyers got trapped. I also found a breakout of the support trendline and a hidden bearish divergence on the MACD oscillator, which is another sign of weakness. My advice is to watch for selling opportunities. The downward targets are set at the price of 1.1270 and at the price of 1.12015.

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