- 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 3 September 2016

Market Analysis of the 5th 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.

EUR/USD: No trend, patience.
GBP/USD: It looks like the "c" move of the wave 4 (that move can always become a wave 3 in the other direction), the price has broken the upper level of the box, look for longs but with prudence.
USD/JPY: The price is now above the alligator and the box, you may look for longs but be prudent.
USD/CHF:  No trend, patience.
AUD/USD: There is no trend, patience.
EUR/JPY:  The price is now above the alligator and the box, you may look for longs but be prudent.
USD/CAD: This is still look the wave 4, patience.
NZD/USD: The price is inside the box, check the pair and be patient.
XAU/USD: The price comes back to the alligator, shorts can still be taken but with prudence.

For orientation/direction of trades, click  "Signals" in the menu (On Monday 5th of September  from 8:00 GMT+1)

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