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*

Elliott wave analysis of EUR/JPY for November 26 - 2014

2014-11-26-EURJPY-8H.png


Today's support and resistance levels:


R3: 147.43


R2: 147.27


R1: 147.04


Current spot: 146.65


S1: 146.55


S2: 146.27


S3: 146.03


Technical summary:


The correction towards 142.06 is still unfolding. We are currently looking for a break below minor support at 146.55 to confirm the strong decline towards 143.82 on the way lower towards 142.06 to end the correction from 149.13. At this point only an unexpected break above 147.39 will delay the expected decline towards 142.06.


Trading recommendation:


We are short in EUR from 146.90 with stop place at 147.50. If you are not short in EUR yet, then sell near 146.85 with the same stop at 147.50.


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