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 February 12, 2021

analytics602623f541276.jpg

EUR/JPY has tested the S/H/S bottom neckline at 127.09 multiple times, which often is followed by a violent break above the neckline and rush higher to the next upside target of 129.06. We still need a clear break above the neckline resistance at 127.09 to activate the bottom-formation.

Support is seen at 126.70 and then at 126.43.

R3: 128.25

R2: 127.72

R1: 127.50

Pivot: 127.09

S1: 126.70

S2: 126.43

S3: 125.92

Trading recommendation:

We are long EUR from 125.85 with our stop placed at 126.05

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