- 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, 21 January 2017

Market Analysis of the 23rd 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: Wave 4 and pullbacks, prudence.

EUR/USD: It looks like we are still in this "a" move of the wave 4, the price has broken the box and is above the alligator, longs with prudence.
GBP/USD: Pullback just above the alligator who starts to sleep, we can buy above the box with prudence.
USD/JPY: Wave 4 ("b" move ?), patience.
USD/CHF: It looks like we are still in this "a" move of the wave 4, the price has broken the box and is below the alligator and the box, shorts with prudence.
AUD/USD: Big move up in the opposite direction, long with prudence as this is an up-and-down chart.
EUR/JPY:  Officially a wave ("b" move?) with a price above the alligator, longs with prudence.
USD/CAD: Big pullback inside the alligator, patience.
NZD/USD: Wave up with a price above the alligator, longs with prudence as there is no overall trend.
XAU/USD: It looks like we are still in this"a" move of the wave 4, the price is above the alligator, longs with prudence.

For orientation/direction of trades, click  "Signals" in the menu (On Monday 23rd of January 2017  from 08:00 GMT+1)



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