- 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 10 June 2017

Market Analysis of the 12th of June 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 directions but the trends are getting weaker.

EUR/USD: Small pullback but the lines of the alligator are still open, wave 3 up, look for longs.
GBP/USD: The price has frankly broken the lower level of the fractal box, look for shorts.
USD/JPY: The price has come back to the alligator, look for shorts with prudence because this is overall an uptrend.
USD/CHF: Small pullback to the alligator, wave 3 down, look for shorts.
AUD/USD: The price has broken the upper level of the box, the lines of the alligator are opening, look for longs.
EUR/JPY: This is a corrective wave, 5 waves cycle completed, patience.
USD/CAD: The price has bounced off the alligator and is below it, no trend overall so look for shorts with prudence.
NZD/USD: The price keeps going up, look for longs.
XAU/USD: The price comes back to the alligator, patience.

For orientation/direction of trades, click  "Signals" in the menu (On Monday 12th of June 2017  from 09:00 GMT+1)


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