- 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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Saturday 27 February 2016

Market Analysis of the 29th 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 nice clear directions.

EUR/USD: Price is still inside the box but below the alligator, no trend but wa can look for shorts with prudence.
GBP/USD: Wave 5 has begun , look for shorts.
USD/JPY: Pullback. The price comes back inside the alligator and we don't have a divergence with a BDC, patience.
USD/CHF: Price inside the box with sleeping alligator, wait for the break of the box to look for longs.
AUD/USD: No trend, probably wave 4 so be patient.
EUR/JPY:  Pull back but no BDC, no divergence, we can still look for shorts.
USD/CAD: Impulsive wave with a price who broke the box, look for shorts.
NZD/USD: We are still into the wave 4, no trend, be careful.
XAU/USD: Still into wave 3 up, look for longs.

For orientation/direction of trades, click  "Signals" in the menu (On Monday 29th of Febuary  from 8:00 GMT+1)

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