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*

USD/JPY analysis for November 02, 2017

analytics59fb17b87ad7c.png

Recently, the USD/JPY has been trading sideways at the price of 114.07. According to the 15M time - frame, I found broken pivot level at the price of 114.02, which is a sign that buyers are in control today. I also found a hidden bullish divergence on the stochastic oscillator, which is another sign of strength. My advice is to watch for potential buying opportunities. The upward targets are set at the price of 114.43 (pivot resistance 1) and at thep rice of 114.70 (pivot resistnace 2).

Resistance levels:

R1: 114.43

R2: 114.70

R3: 115.10

Support levels:

S1: 113.75

S2: 113.35

S3: 113.10

Trading recommendations for today: watch for potential buying opportunities.

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