- 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 21 May 2016

Market Analysis of the 23rd of May 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 trends but no clear charts.

EUR/USD: There is no trend currently in this up and down chart, but price has broken the lower level of the box and is below the alligator, look for shorts.
GBP/USD: The price is back in the box, it seems the wave 4, check that pair later in the week.
USD/JPY: This is the wave 4, be patient.
USD/CHF:  There is no trend currently in this up and down chart, but price has broken the upper level of the box and is above the alligator, look for longs.
AUD/USD: New wave 3 down, look for shorts.
EUR/JPY:  The price is back inside the alligator which is sleeping, maybe still in the wave 5 down, look for shorts below the alligator.
USD/CAD: Price has broken the upper level of the box, maybe "c"  move of the wave 4 which can become a new wave 3 up, look for longs.
NZD/USD:  There is no trend currently, but price is below the alligator, check this pair to go short.
XAU/USD: The price has broken the lower level of the box and the ewave is about to cross the zero line so we can look for shorts.


For orientation/direction of trades, click  "Signals" in the menu (On Monday 23rd of May  from 8:00 GMT+1)

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