- 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, 24 September 2016

Market Analysis of the 26th of September 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 are into the corrective wave for most of the pairs but some wave 5 to expect.

EUR/USD: Sleeping alligator, no trend, patience.
GBP/USD: Price below the box, maybe start of the wave 5, look for shorts.
USD/JPY: Price has broken the box, maybe start of the wave 5, look for shorts.
USD/CHF:  No trend, the price broke the box so shorts could be taken with prudence because there is level on the left.
AUD/USD: There is no trend, patience.
EUR/JPY:  Price has broken the box, maybe start of the wave 5, look for shorts.
USD/CAD: This is still the wave 4, patience as we look for shorts for the wave 5.
NZD/USD: Maybe end of the wave 5, price broke the box and ewave about to cross the zero line so shorts could be taken with prudence.
XAU/USD: Price is the box, its an overall uptrend, be patient.

For orientation/direction of trades, click  "Signals" in the menu (On Monday 26th of September  from 8:00 GMT+1)


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