- forex leaning place

forex leaning place

The need to exchange currencies is the primary reason why the forex market is the largest, most liquid financial market in the world.

Post Top Ad

Sunday 6 December 2015

Market Analysis of the 7th of December 2015 : Opportunities on EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, XAU/USD, EUR/JPY, USD/CAD & NZD/USD D1, H4 & H1


Click on the Menu on "Market Analysis" for all the analysis.

Daily Charts: We had some pull backs last week

EUR/USD: We had a huge pull back, long could be taken but with prudence as it is a contretrend.
GBP/USD: No real trend but the price is still below the alligator, we can look for shorts but with prudence.
USD/JPY: There is no overall trend, the price is above the alligator, we could still look for longs above the alligator but prudence.
USD/CHF: We had a huge pull back, short could be taken but with prudence as it is a contretrend.
AUD/USD: Wave up, we are probably still in the wave 4 but as the price is above the box, we could look for longs.
EUR/JPY: We had a huge pull back, long could be taken but with prudence as it is a contretrend.
USD/CAD: It looks like  the wave 5, look for longs.
NZD/USD: Start of a wave up, we are probably still in the wave 4 but as the price is above the box and the ewave is crossing the zero line, we could look for longs..
XAU/USD: We had a huge pull back with price inside the alligator, stay on the sidelines.

For orientation/direction of trades, click  "Signals" in the menu (On Monday 7th of December   from 8:00 GMT+1)

No comments:

Post a Comment

Post Bottom Ad

Responsive Ads Here