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 December 30, 2016

USDJPYH4.png

Overview

The USDJPY pair ended yesterday's trading at 116.55, leaning on the minor bearish channel's support shown on the chart. The pair rebound bullishly at today's opening attempting to resume the main bullish trend, supported by stochastic positivity on the four-hour time frame. Therefore, we believe that the chances of further increase in the upcoming sessions are valid, and the price needs to breach 117.60 levels to achieve our positive targets that start at 118.40 and extend to 120.00. A break of 115.90 levels will stop the suggested positive scenario and push the price to 113.97 mainly. The expected trading range for today is between the 116.00 support and the 118.00 resistance.

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