- 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 8 October 2016

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    Market Analysis of the 10th of October 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 have a sleeping alligator for nearly all the pairs

    EUR/USD: Sleeping alligator, no trend, patience.
    GBP/USD: The wave 5 down has started, look for shorts.
    USD/JPY: This is still the wave 4, price broke the upper level of the box, patience.
    USD/CHF:  No trend, patience.
    AUD/USD: Sleeping alligator, no trend, patience.
    EUR/JPY:  This is still the wave 4, price broke the upper level of the box, patience.
    USD/CAD: This is still the wave 4, the price broke the upper level of the box, look for longs with prudence as the overall trend is down and we expect a wave 5.
    NZD/USD: The price broke the lower level of the box, look for shorts.
    XAU/USD: The price broke very nicely the lower level of the box, look for shorts.

    For orientation/direction of trades, click  "Signals" in the menu (On Monday 10th of October 2016  from 8:00 GMT+1)


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