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*

USD/JPY analysis for November 22, 2017

analytics5a15788c5c2e8.png

Recently, the USD/JPY pair has been trading downwards. As I expected, the price tested the level of 111.94. According to the 15M time – frame, I found a series of lower lows and lower highs, which is a sign tha sellers are in control. I also found a hidden bearish divergence on the stochastic oscillator, which is another sign of weakness. My advice is to watch for potential selling opportunities. The downward targets are set at the price of 111.65 and at the price of 111.00.

Resistance levels:

R1: 112.70

R2: 112.96

R3: 113.23

Support levels:

S1: 112.17

S2: 111.91

S3: 111.64

Trading recommendations for today: watch for potential selling opportunities.

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