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 July 9, 2021

analytics60e7d56e7b5ed.jpg

EUR/JPY broke below support at 130.04 indicating a double zig-zag correction unfolding. Ideally, we will see the second zig-zag dip to a low of 129.34 to complete wave 4/ and set the stage for the next impulsive rally higher towards the long-term target for wave 5/ at 135.42.

In the short-term, a break above minor resistance at 131.04 will indicate that wave 4/ has completed and wave 5/ is in motion.

Trading recommendation:

Buy EUR near 129.34 for a rally towards 135.42

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