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 EUR/JPY for April 12, 2018

EUR/JPY

Price has risen by 130 pips this week, to test supply zone at 132.50. There is currently a shallow bearish retracement which follows the test of the supply zone, and the bearish retracement should be contained at the demand zone of 131.00 (a worst-case scenario). The market is supposed to go upwards from here.

analytics5acf29c6d14d8.png

The EMA 11 is above the EMA 56, and the RSI period 14 is not yet below the level 50. There is a Bullish Confirmation Pattern in the market. Long trades are recommended because pullbacks may be temporary.

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