Saturday, June 4, 2016

Market Analysis of the 6th of June 2016 : 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: No more trend for most of the pairs but possibility to trade the wave 5 on H1.

EUR/USD: Pullback, patience.
GBP/USD: Pullback, wave 4 but pair to check as the price could break the new sell fractal.
USD/JPY: New push of the price, maybe wave 5 starting, look for shorts.
USD/CHF:  Pullback, patience.
AUD/USD: Pullback inside in the alligator, patience.
EUR/JPY:  New push of the price down reaching a lowest low, still wave 5, look for shorts.
USD/CAD: Wave 4, look for shorts at the break of the sell fractal.
NZD/USD:  Strong pullback in the direction of the main trend, look for longs.
XAU/USD: Pullback inside the alligator, patience.


For orientation/direction of trades, click  "Signals" in the menu (On Monday 6th of June  from 8:00 GMT+1)

1 comment:

  1. Thanks for the post, great advice. I wanted to add that IRC channels are also good sources of info, especially when gauging market sentiment for short-term trades. daytrading course

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