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 GBP/JPY for July 9, 2021

analytics60e7d73bc2717.jpg

The break below support at 151.31 indicates that a double zig-zag correction is building. In the short term, we are looking for a dip closer to 150.37 and maybe even closer to support near 149.25 before wave iv/ is complete and wave v/ can take over for a rally towards the long-term target near 159.75.

In the short term, a break above minor resistance at 152.77 will indicate that wave iv/ has completed and wave v/ higher towards 159.75 is in motion.

Trading recommendation:

Buy GBP near 150.37 for a rally towards 159.75

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