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*

Elliott wave analysis of EUR/JPY for January 16, 2019

analytics5c3ec8e86e73f.png

The spike down to 118.72 completed wave (E) of the more than 10 years long triangle consolidation and we should now look for wave (C) towards 203.00

Wave ii clearly has taken over and should see us lower into the support-zone between 121.22 – 121.95 from where wave iii higher to 132.12 is expected. But for now, the focus remains lower in wave ii as long as resistance at 124.86 is able to cap the upside.

R3: 124.86

R2: 124.33

R1: 123.76

Pivot: 123.50

S1: 122.92

S2: 122.70

S3: 121.94

Trading recommendation:

We will buy EUR at 122.10 or upon a break above 124.86.

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