- 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 24 January 2016

Market Analysis of the 25th of January 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: We still have some nice clear trends

EUR/USD: Price broke sell fractal, maybe the wave 5 coming, go short as the Ewave has crossed the zero line.
GBP/USD: Pull back but still wave 3 down, BDC but no divergence, go short.
USD/JPY: Impulsive wave 5 down, pull back with divergence, go short with prudence.
USD/CHF: Price broke buy fractal and cleared the level of the left, maybe the wave 5 coming, go long.
AUD/USD: Wave 5 down, some pull back, no divergence so we can still look for short.
EUR/JPY:  Wave 3 down, BDC with divergence, we can still look for shorts but prudence.
USD/CAD: Big pull back but no divergence, we can still go for longs.
NZD/USD: We are maybe into the wave 5 and can still look for short.
XAU/USD: We have no trend, sleeping alligator, be patient.

For orientation/direction of trades, click  "Signals" in the menu (On Monday 25th of January    from 8:00 GMT+1)

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