- 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.

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Sunday 31 January 2016

Market Analysis of the 1st of Febuary 2016 : 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: Some pull backs this week

EUR/USD: Price is back inside the box, sleeping alligator, patience
GBP/USD: We are still into wave 3 down, go short.
USD/JPY: Huge pull back, long seems to be the new direction but no overall trend.
USD/CHF: Wave up (maybe wave 5 coming), go long.
AUD/USD: Pull back (end of wave 5?), price inside the alligator, patience.
EUR/JPY:  huge pull back, long seems to be the new direction but prudence.
USD/CAD: It looks like we are in the "a" move of the wave 4, patience.
NZD/USD: We are maybe into the wave 5 with price below the alligator and can still look for short.
XAU/USD: The price broke the buy fractal, new wave up, go for longs.

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

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