- 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, 6 May 2017

Market Analysis of the 8th of May 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: Clear directions for all the pairs!

EUR/USD: The price has broken the box, look for longs.
GBP/USD: New break of the box, look for longs.
USD/JPY: The price has broken the box, maybe start of the wave 5, look for longs.
USD/CHF: The price has broken the box, no clear trend overall, look for shorts.
AUD/USD: The price has broken one more time the box, look for shorts.
EUR/JPY: The price flies, probably wave 5, look for longs.
USD/CAD: The price keeps going up however there is a BDC, wave 5, look for longs with prudence.
NZD/USD: The price is still below the alligator, maybe wave 5 starting, look for shorts.
XAU/USD: The price has broken the lower level of the box, the ewave has crossed the zero line, look for shorts.

For orientation/direction of trades, click  "Signals" in the menu (On Monday 8th of May 2017  from 08:00 GMT+1)


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