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 22, 2018

analytics5bf683af1572f.png

Recently, the USD/JPY pair has been trading sideways at the price of 112.91. Anyway, according to the H4 time – frame, I have found rejection of the key resistance (confluence level) at the price of 113.17 (Multi Fibonacci level), which is a sign that buying looks risky. I have also found that price went below the 3 DMA, which is another sign of weakness. My advice is to watch for selling opportunities. The downward targets are set at the price of 112.30 and at the price of 112.05.

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