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*

Wave analysis of EUR / USD for January 23. The pair keeps hoping for growth

analytics5c48199062d40.png

Wave counting analysis:

On Tuesday, January 22, trading ended for EUR / USD by 10 bpts. Thus, the tool remains within the framework of the construction of the proposed wave 4, in s. If this is true, then the increase in quotations will resume in the near future as part of wave 5 with targets located around 16 figures. At the same time, a successful attempt to break through the minimum of wave 2 will result in the need to clarify the entire wave marking, and the tool will most likely move on to building a new downward trend.

Sales targets:

1.1345 - 38.2% Fibonacci

1.1315 - 23.6% Fibonacci

Shopping goals:

1.1599 - 161.8% Fibonacci

1.1677 - 200.0% Fibonacci

General conclusions and trading recommendations:

The pair remains in the construction stage of the proposed wave 4, in s. However, a sluggish tool reduction can lead to the need to correct the current markup. The main option is to increase within wave 5. If you make a purchase, you must with protective orders under the minimum of wave 2, c, with targets located near the estimated marks of 1.1599 and 1.1677, which corresponds to 161.8% and 200, 0% Fibonacci.

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