- 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 12 March 2016

Market Analysis of the 14th of March 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 big moves at the end of the week and some nice trends.

EUR/USD: Price has clearly broken the upper level of the box, look for longs.
GBP/USD: End of the wave 5, break of the box, maybe new wave up, look for longs.
USD/JPY: The price is in the box with an alligator who is going to sleep, patience.
USD/CHF: The price has pulled back and broken the lower level of the box, look for shorts.
AUD/USD:Wave 3 up, look for longs.
EUR/JPY:  The price has massively pulled back ("c" move of the wave 4?), look for longs with prudence.
USD/CAD: Impulsive wave down, look for shorts.
NZD/USD: Price is back inside the box, no trend, patience.
XAU/USD: Wave 3 up but new BDC with divergence, be prudent in trading long.


For orientation/direction of trades, click  "Signals" in the menu (On Monday 14th of March  from 8:00 GMT+1)



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