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*

Daily analysis of USD/JPY for September 19, 2016

USDJPYH4.png

Overview

The USDJPY pair again steadily fluctuates below the bearish channel's resistance that appears on chart as the EMA50 forms a good resistance barrier that supports the strength of the channel's resistance. Stochastic begins to provide negative overlapping signal on the four-hour time frame. Therefore, these factors encourage us to keep our bearish overview in the upcoming period, which targets begin by testing 100.70 levels. We remind you that a break of this level will extend the correctional bearish wave to 94.76 mainly. The expected decline will remain valid for today unless breaching and holding above 102.80 levels. The expected trading range for today is between the 100.70 support and the 103.00 resistance.

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