Sunday, November 23, 2014

Market Analysis of the 24th of November 2014 : Opportunities on EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, XAU/USD, EUR/JPY, USD/CAD & NZD/USD D1, H4 & H1

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We have a sign of divergence on EUR/USD, USD/CHF, it looks like wave 4 on USD/CAD, XAU/USD (non officially yet as the Ewave has not crossed the zero line yet), it is official on NZD/USD and possible setup midweek for the 5th wave. EUR/JPY et USD/JPY have seen a retrace but are strongly in uptrend; GBP/USD is still downtrend and finally AUD/USD may have ended a cycle of 5 waves.
Possible D1, setup on NZD/USD, we could also look at H1/H4 short trades on GBP/USD, EUR/USD and long trades on the JPY pairs.

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1 comment:

  1. I love trading on JPY related pair due to the movement, I find it really cool especially with scalping, I believe we’re never going to do well on these pairs without having confidence, I get most of my confidence with OctaFX broker, it’s a company that we can rely and trust with having powerful rebate program that helps gain 50% back on all trading orders which is even with the losing trades to, so that’s why I am able to work so well.

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