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 June 23 - 2015

2015-06-23-EURJPY-4H.png

Technical summary:

We saw a test of resistance at 140.67 yesterday, but it failed to break above. That could prolong the correction in blue wave ii and call for another downside test of 138.90 before a new attempt to break above resistance at 140.67.

Only an unexpected break below 137.94 will question the upside for now and call for a move lower to strong support at 136.94.

Trading recommendation:

We are long EUR from 138.10 with stop placed at 138.75. We still recommend buying EUR near 139.37 with a close stop at 138.75.

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