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 2, 2020

analytics5e0d85e037334.png

We continue to look for more upside progress towards the ideal target for red wave iii at 123.55 before a more prolonged correction in red wave iv takes over. A break above minor resistance at 120.10 should pave the way for a rally to 122.66 on the way higher to 123.55.

Only a break below 121.52 will indicate a more complex correction is developing as blue wave (iv) and a dip to just below 121.03 should be expected before the next rally higher towards 123.55.

R3: 122.50

R2: 122.20

R1: 122.00

Pivot: 121.85

S1: 121.69

S2: 121.52

S3: 121.29

Trading recommendation:

We are long EUR from 120.25 with our stop placed at 121.40

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