marketanalysis-oct25-2016

Market Analysis – October 25, 2016

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Here’s a quick summary;

* GOLD: Long if H4 upward trend setup forms otherwise short
* EURUSD: Long if price breaks above 1.0887
* GBPUSD: Rangebound unless new H4 upward trend forms
* EURGBP: Long provided that price breaks above 0.8940
* AUDUSD: Long if H4 upward setup forms
* NZDUSD: Short unless new H4 upward setup forms
* AUDNZD: Long provided price remains above 1.0634
* USDCAD: Long unless price closes below 1.3260
* USDCHF: Long if price breaks 0.9971 otherwise rangebound
* USDJPY: Long provided price breaks and remains above 105.41

marketanalysis-oct25-2016

* EURJPY: Long provided price remains above 113.61
* GBPJPY: Rangebound unless price breaks above 128.80
* AUDJPY: Long provided price remains above 79.40
* NZDJPY: Long provided price remains above 74.26
* CHFJPY: Long provided price breaks and closes above 105.09
* CADJPY: Long provided price breaks above 78.42
* EURAUD: Rangebound unless price breaks above 1.4346
* GBPAUD: Rangebound unless price breaks above 1.6245
* EURNZD: Long provided H4 uptrend holds
* GBPNZD: Long provided H4 uptrend holds
* GBPCHF: Rangebound but long if new upward H4 trend forms
* AUDCAD: Long while H4 upward trend holds
* EURCAD: Long provided price remains above 1.4510
* GBPCAD: Long provided H4 upward trend holds and price breaks above 1.6471

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Good trading!

Regards,
The Traders Elite Team

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