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*

Forecast for USD/JPY on November 18, 2020

USD/JPY

The yen strengthened by 37 points on Tuesday, this morning the 104.05 target level was reached. Now we are waiting for the price to overcome this level so that the pair could fall to the 103.18 target . The advantage of just such a scenario is indicated by the Marlin oscillator, whose signal line is decreasing along a steep trajectory.

analytics5fb48bd7d9322.jpg

The four-hour chart shows that the price is developing under both indicator lines, and the MACD line marks its own downward reversal, which reinforces the downward short-term trend. The Marlin oscillator is declining in its own channel. There are no signs of a price reversal yet. We are waiting for the price to settle below the 104.05 level and for it to move to 103.18.

analytics5fb48be333b5a.jpg

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