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 July 21, 2015

Technical outlook and chart setups:

The EUR/JPY is back above 135.00 at the moment and should be taken out towards at least 135.20/30 in this swing rally. Please note that the pair has bounced off the 0.786 fibonacci support level (134.00) when ralling between 133.25 to 137.75 respectively. It is recommended to remain long with risk at 133.00. Immediate support is seen at 133.00/25 (interim) followed by 131.50 and lower while resistance is seen at 135.25/30 (interim) followed by 136.25, 137.75, 139, and higher respectively.

Trading recommendations:

Remain long for now, stop is at 133.00, a target is open.

Good luck!

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