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*

Technical analysis of EUR/JPY for June 29, 2015

Technical outlook and chart setups:

The EUR/JPY pair is trading around 135.30 at the moment after pulling back higher from 134.00 earlier. As we can observe, the pair is seen to be bounced off from fibonacci 0.786 support and a new high is still lkely to be hit in coming weeks. It is hence recommended to initiate at least 50% long positions now with risk around 133.00. Immediate support is seen at 133.00 followed by 131.00, 129.00, and lower while resistance is seen at 138.00/139.00 levels followed by 140.00, 141.00, and higher respectively.

Trading recommendations:

Initiate at least 50% long positions, stop is at 133.00, a target is open.

Good luck!

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