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


Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 ©

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.



Expert In



Short-term technical analysis on EURUSD for November 11, 2021.

EURUSD yesterday provided us with a new bearish signal. Price broke below support at 1.1535 and as expected, EURUSD is making new lows. EURUSD is trading near 1.1450. Price remains trapped inside a bearish channel.


Blue lines- bearish channel

Red line - support trend line

Support by the channel boundary is at 1.1360. Over the past few days we warned traders that a break below the red trend line would be a sell signal. As long as price stays below 1.1670 bears will remain in full control of the trend. The RSI is showing some warning signs to traders, but still there is no reversal signal.

The material has been provided by InstaForex Company -