Market Analysis of the 24th 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: We have better trends charts.
EUR/USD: Good break of the box, we can look for long but be aware of a possible pullback.
GBP/USD: Sleeping alligator, we can go for long but with prudence
USD/JPY: It is a contretrend with a nice break, you can go short but be aware of a possible pullback.
USD/CHF: Nice break but the chart is sideways. Patience.
AUD/USD: The wave 5 is not over, you can look for short but with prudence.
EUR/JPY: Price again above the box, uptrend, maybe wave 5 starting, look for long.
USD/CAD: Wave 3 up is not over, you can look for long but prudence.
NZD/USD: It looks like the "a" move of the wave 4. Be patient.
For orientation/direction of trades, click "Signals" in the menu (from Monday 24th of August from 8:00 GMT+1)
It’s always great to have coverage of multiple pairs to work with since that’s how we can be comfortable and don’t have to wait to ride opportunity. I am regularly following this blog and I am happy to say that I have been helped big time, I get complete support through OctaFX and that’s especially to do with their conditions which are just too good with having lowest spread from 0.1 pips to high leverage up to 1.500 plus there is also smooth trading platform, it’s all picture perfect.
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