- 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, 5 November 2016

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    Market Analysis of the 7th of November 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 some pairs to check carefully this week

    EUR/USD: Move in the opposite direction, no trend, patience.
    GBP/USD: It looks like the end of the wave 5, patience.
    USD/JPY: The price broke the lower level of the box, look for shorts
    USD/CHF: Move in the opposite direction, no trend, patience.
    AUD/USD: Sleeping alligator, no trend, patience.
    EUR/JPY:  Wave 4, we can look for shorts below the alligator as we expect the wave 5.
    USD/CAD: The BDC seems to show a move down, pair to check.
    NZD/USD: Good break of the box in the northern direction, look for longs.
    XAU/USD: Move in the opposite direction, no trend, patience.

    For orientation/direction of trades, click  "Signals" in the menu (On Monday 7th of November 2016  from 08:00 GMT+1)

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