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*

Forecast for AUD/USD on February 9, 2021

AUD / USD

On the back of yesterday's pronounced increase in risk appetites given by the large-scale growth of cryptocurrencies - the value of this market for the day increased by 143 billion dollars, which led by bitcoin with a trading volume of 120 billion dollars, and the total capitalization of this market yesterday was 1.316 trillion dollars. Dollars, increased to 1.363 trillion, which strongly affected the market of real national currencies and stock markets: the Australian dollar rose by 26 points, the S & P500 added 0.74%.

analytics6021fb978b4d7.jpg

As we can see on the daily chart, the signal line of the Marlin oscillator has left the descending channel up and is currently preparing to enter the zone of positive values. The price itself went to the target range of 0.7765 / 83 (defined by the peaks of January 21 and 13), after which it can go to storm the January high of January 6, the target of which is slightly higher - 0.7830.

analytics6021fba33297e.jpg

Based on a four-hour scale, the situation is completely growing: the price rises above the indicator lines, the Marlin oscillator rises without signs of a reversal. So, the nearest target of the Australian dollar is 0.7765/83.

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