- 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 26 August 2017

Market Analysis of the 28th of August 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: Most of the charts look interesting, it should be some opportunities this week.

EUR/USD: New push of the wave 3 with a break of the box and a new highest high reached, look for longs.
GBP/USD: No trend, patience.
USD/JPY: No trend but as the price is below the alligator we can look for shorts.
USD/CHF: The price has broken the fractal box and the ewave is about to cross the zero line, maybe start of the wave 5, look for shorts.
AUD/USD: Wave 3 up but with pullback  however you can look for longs above the box as the price is above the alligator.
EUR/JPY: Sleeping alligator, the price is about to break the box, look for longs above the box.
USD/CAD: Maybe we are in the wave 5 (unless this is the "b" move of the wave 4) however as the price is below the box, look for shorts.
NZD/USD: Wave 4, probably "c" move, look for shorts with prudence.
XAU/USD: Up and down chart, but the price has reached the highest high, look for longs.

For orientation/direction of trades, click  "Signals" in the menu (On Monday 28th of August 2017  from 08:30 GMT+1)

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