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*

Daily analysis of EUR/JPY for January 06, 2016

EURJPYH4.png

Overview

The EUR/JPY pair has displayed anything new until this moment. The pair still aims to return to sideways trading by its fluctuation below the resistance at 124.00 for today. We notice that there is a clear contradiction between the main indicators that increases the chances for the overall sideways trading in the short term. The price is confined between 123.30 and 121.60 levels. To confirm the suggested negativity, the price needs to provide a negative close below 121.60, to begin forming a bearish correctional bias. 120.00 level is forming the initial target in the short term. The expected trading range for today is between 123.50 and 121.60

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