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 to test 110 level before going down. March 27, 2020

analytics5e7d9b0c1ca68.jpg

There is a divergence between the CCI (30) and the USD/JPY price on the 4-hour chart. The Candlestick is already moving bellow the EMA (30) and the CCI (30). It passed through 100, 0, and -100 level. We know that this pair has already had a downward momentum. Now USD/JPY seems to retrace to make a Re-Distribution approximately to the 110.00 level before going down again as long it does not break out and close above the 111.75 level.

The overall bias for USD/JPY is bearish.

(Disclaimer)

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