Market Analysis of the 17th of August 2015 : 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: Very few clear trends
EUR/USD: The chart still looks sideways, better to stay on the sidelines
GBP/USD: Sleeping alligator, we can go for long but with prudence
USD/JPY: Price is now retracing inside the alligator, stay patient
USD/CHF: Uptrend but price now retracing, long with prudence
AUD/USD: It looks like the end of the wave 5, price inside the alligator, be patient
EUR/JPY: Price now above the box, uptrend, maybe wave 5 starting, look for long
USD/CAD: Wave 5 up is now becomes weaker and has retraced, long with prudence
NZD/USD: It looks like the end of the wave 5 with a bullish divergent candle, be patient.
XAU/USD: Wave 3 down has retraced, probably the "a" move of the corrective wave 4, price inside the alligator, be patient.
For orientation/direction of trades, click "Signals" in the menu (from Monday 17th of August from 8:00 GMT+1)
Click on the Menu on "Market Analysis" for all the analysis.
Daily charts: Very few clear trends
EUR/USD: The chart still looks sideways, better to stay on the sidelines
GBP/USD: Sleeping alligator, we can go for long but with prudence
USD/JPY: Price is now retracing inside the alligator, stay patient
USD/CHF: Uptrend but price now retracing, long with prudence
AUD/USD: It looks like the end of the wave 5, price inside the alligator, be patient
EUR/JPY: Price now above the box, uptrend, maybe wave 5 starting, look for long
USD/CAD: Wave 5 up is now becomes weaker and has retraced, long with prudence
NZD/USD: It looks like the end of the wave 5 with a bullish divergent candle, be patient.
XAU/USD: Wave 3 down has retraced, probably the "a" move of the corrective wave 4, price inside the alligator, be patient.
For orientation/direction of trades, click "Signals" in the menu (from Monday 17th of August from 8:00 GMT+1)
Forex is such a wonderful business where we can gain massive amount even through low capital and that too without taking all that big risk, it’s the reason why I enjoy trading, but all this is possible through analyzing well, but I am not entirely great in that department, therefore I go for alternative like this blog and also having similar service with my broker OctaFX where they provide daily analysis for free and it’s done by highly qualified team of experts.
ReplyDelete