Saturday, September 30, 2017

Market Analysis of the 2nd of October 2017 : 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: The situation is a bit better than last week but very few clear trends.

EUR/USD: End of wave 3, we are into the wave 4. Patience.
GBP/USD: Wave 3, pullback and the price bounced off the red line, look for longs.
USD/JPY: No trend, up and down chart, currently move up with the price who did break the box again; look for longs.
USD/CHF: The price has broken the upper level of the box but it looks like the wave 4, patience.
AUD/USD: Wave 4 (probably "c" move), the ewave has crossed the zero line, the price is below the box and as a "c" move" can become an impulsive wave in the opposite direction, look for shorts with prudence.
EUR/JPY: Pullback of this impulsive wave up, the price is still above the alligator, look for longs.
USD/CAD: End of wave 5, the ewave has crossed the zero line, no trend, patience.
NZD/USD: No trend, sleepy alligator, patience.
XAU/USD: Wave 4 (probably "c" move), the ewave has crossed the zero line, the price is below the box and as a "c" move" can become an impulsive wave in the opposite direction, look for shorts with prudence.

For orientation/direction of trades, click  "Signals" in the menu (On Monday 2nd of October 2017  from 08:30 GMT+1)


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