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 GBP/JPY for January 23, 2017

GBPJPYH4.png

Overview

The GBPJPY price provided new negative closes below the bearish channel's resistance at 142.00 forming a new bullish rally by reaching 140.80, which confirms our negative suggestion. We wait for recording the expected targets at 140.00 and 138.80 in the near and medium period. The decline of Stochastic to the oversold level supports the negative suggestion, which provides the required momentum for achieving the suggested targets. Stability of the moving average 55 above the price trading reinforces negative pressure, forcing the price to form a negative attack. The expected trading range for today is between 141.80 and 140.00.The material has been provided by InstaForex Company - www.instaforex.com