- 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 28 August 2016

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    Market Analysis of the 29th of August 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: Pullback nearly everywhere.

    EUR/USD: Pullback  into the alligator, no trend, patience.
    GBP/USD: We are officially in the wave 4, patience.
    USD/JPY: Pullback into the alligator and above the box, patience.
    USD/CHF:  Pullback into the alligator, no trend, patience.
    AUD/USD: Pullback below the box, no trend, patience.
    EUR/JPY:  Pullback into the alligator, maybe still wave 4, patience.
    USD/CAD: Pullback into the alligator, maybe still wave 4, patience.
    NZD/USD: Pullback below the box with a strong BDC, patience.
    XAU/USD: The price is now below the box after a cycle of 5 waves, maybe start of a new wave down, look for shorts with prudence.

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

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