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 GBP/JPY for January 31 - 2020

analytics5e33c0cfde426.png

We have seen the expected corrective rally and a new impulsive decline to below 140.80 into the ideal target-zone between 139.29 - 139.83 as expected.

We were looking for a corrective rally to 142.73 This rally has overcome this target and has peaked at 143.00. We are now looking for a break below minor resistance at 142.44 and more importantly a break below support at 142.07 to confirm the decline to 140.80 on the way lower to the target-zone.

R3: 143.55

R2: 143.32

R1: 143.00

Pivot: 142.71

S1: 142.44

S2: 142.22

S3: 142.07

Trading recommendation:

We remain short from 143.95 with our stop at break-even.

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