- 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 31 December 2016

First market analysis of the year...


Happy New Year 2017!


Market Analysis of the 2nd of January 2017 : 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: Some pull back now everywhere.

EUR/USD: Wave 3 down but with pullback, look for shorts for prudence.
GBP/USD: Start of a new wave down, look for shorts
USD/JPY: Wave 3 up with pullback, look for longs with prudence.
USD/CHF: Pullback with price into the alligator and below the box, patience.
AUD/USD: Wave down, look for shorts.
EUR/JPY:  Wave 3 up but now with some pullback, look for longs with prudence.
USD/CAD: Some pullback after this little move up however we can still look for longs.
NZD/USD: Some pullback after this wave down but we can still look for shorts.
XAU/USD: Pullback with a price now into the alligator, patience.

For orientation/direction of trades, click  "Signals" in the menu (On Monday 2nd of January 2017  from 08:00 GMT+1)

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