- 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, 3 June 2017

Market Analysis of the 5th 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 very clear directions again this week.

EUR/USD: The price keeps raising, wave 3 up, look for longs.
GBP/USD: The price is inside the aligator which is asleep, patience.
USD/JPY: The price has just broken the lower level of the box, look for shorts with prudence because this is overall an uptrend.
USD/CHF: The price drops, wave 3 down, look for shorts.
AUD/USD: The price is back near the alligator which is on the way to sleep, patience.
EUR/JPY: The price is still above the box, wave 5, look for longs with prudence.
USD/CAD: The price has bounced off the red line and is below the alligator, no trend, patience.
NZD/USD: The price is back into the aligator, patience.
XAU/USD: The price is back around the aligator who is starting to sleep, patience.

For orientation/direction of trades, click  "Signals" in the menu (On Monday 5th of June 2017  from 09:00 GMT+1)




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