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 September 23, 2015

Technical outlook and chart setups:

Today, the EUR/JPY pair dropped lower to the levels of 133.20/30 before reversing. Please note that the pair has bounced from the fibonacci 0.786 support around 133.20/30 resulting in a tweezer bottom candlestick pattern. It is hence recommended to remain long from yesterday, with risk at 132.00. Immediate support is seen at the levels of 133.00, followed by 132.00, and lower, while resistance is seen at 136.20, followed by 137.00, 139.00, 140.00, and higher respectively. Bulls are expected to remain in control until prices remain above 132.00.

Trading recommendations:

Remain long from yesterday, stop is at 132.00, a target is open.

Good luck!

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