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*

Indicator analysis. Daily review of EUR/USD on February 21, 2020

Trend analysis (Fig. 1).

The market may begin to move up today with the target of 1.0807, the resistance line (blue bold line). The upward movement is likely to continue from the level of 1.0807.

analytics5e4f7b2829d42.png

Fig. 1 (daily chart).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Volumes - up;

- Candlestick analysis - up;

- Trend analysis - up;

- Bollinger Lines - up;

- Weekly schedule - up.

General conclusion:

An upward movement is expected today with the target of 1.0807, the resistance line (blue bold line). The upward movement is likely to continue from the level of 1.0807.

An unlikely but possible scenario is from the level of 1.0787 (closing of yesterday's daylight candle), continued work down with the target of 1.0664, the retracement level of 85.4% (yellow dashed line).

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