- 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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    Monday, 24 October 2016

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    Market Analysis of the 24th 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 still have some nice trends for the start of this week

    EUR/USD: Wave 3 down  look for shorts
    GBP/USD: We are into the wave 5 down, look for shorts.
    USD/JPY: This is still the wave 4, price above the alligator, so we can go long with prudence
    USD/CHF:  Up and down chart but currently wave up, look for longs.
    AUD/USD: Sleeping alligator, no trend, patience.
    EUR/JPY:  The price broke the box, maybe wave 5 down starting, look for shorts.
    USD/CAD: The price broke the upper level of the box, look for longs.
    NZD/USD: Pullback, we can still look for shorts below the alligator.
    XAU/USD: Pull back of the price, we can still look for shorts below the alligator.

    For orientation/direction of trades, click  "Signals" in the menu (On Monday 24th of October 2016  from 16:00 GMT+1)

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