Market Analysis of the 6th of April 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: For most of the pairs, we are entering into the wave 4 so it could bring some small trades long and short on H1 but we have to be overall prudent and be selective in taking setups
EUR/USD: It looks like we are now coming into the wave 4, price inside the alligator, prudence
GBP/USD: Still wave 5 down but with ewave coming back to the zero line, downtrend but prudence
USD/JPY: No trend following a cycle of 5 waves, price inside the box with sleeping alligator, wait for a break
USD/CHF: It looks like C move down of wave 4, wait for a break, prudence as sleeping alligator
AUD/USD: It looks like a wave 5 has started (unless this is B down of wave 4), short with prudence
EUR/JPY: This is still wave 3 down officially but we have divergence, price now above the alligator, prudence
USD/CAD: It looks move C down of the wave 4, prudence
NZD/USD: We are currently into a small wave 3 up but no overall clear direction
XAU/USD: We are into the wave 4 (probably C move up) , prudence
Click on the Menu on "Market Analysis" for all the analysis.
Daily charts: For most of the pairs, we are entering into the wave 4 so it could bring some small trades long and short on H1 but we have to be overall prudent and be selective in taking setups
EUR/USD: It looks like we are now coming into the wave 4, price inside the alligator, prudence
GBP/USD: Still wave 5 down but with ewave coming back to the zero line, downtrend but prudence
USD/JPY: No trend following a cycle of 5 waves, price inside the box with sleeping alligator, wait for a break
USD/CHF: It looks like C move down of wave 4, wait for a break, prudence as sleeping alligator
AUD/USD: It looks like a wave 5 has started (unless this is B down of wave 4), short with prudence
EUR/JPY: This is still wave 3 down officially but we have divergence, price now above the alligator, prudence
USD/CAD: It looks move C down of the wave 4, prudence
NZD/USD: We are currently into a small wave 3 up but no overall clear direction
XAU/USD: We are into the wave 4 (probably C move up) , prudence
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