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 December 26, 2018

analytics5c2350e9840f4.png

The EUR/JPY pair is declining and should now be below the minor resistance at 126.75 to continue its movement towards the long-term target seen at 123.66.

In the short term, we see support near 125.88, which may make the first test for a corrective rally close to resistance at 126.75, and this rally will probably include another decline towards at least 125.20 and then towards the perfect target seen at 123.66.

R3: 126.75

R2: 126.25

R1: 125.92

Pivot: 125.62

S1: 125.31

S2: 125.20

S3: 124.89

Trading recommendation:

We are short from 128.05 and we will move our stop lower to 127.05.

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