Forex Trading Strategy 35 ~ forex trading resistance and support

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.

XAU/USD: It is either the "c" move of the wave " either the start of a new wave 3 up. Go long but be aware of a possible pullback.

For orientation/direction of trades, click  "Signals" in the menu (from Monday 24th of August  from 8:00 GMT+1)

forex trading resistance and support