Market Analysis of the 7th of May 2018 : 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 pairs have a very clear direction this week.

EUR/USD: This is now a new bearish impulsive wave 3, alligator lines wide open, look for shorts.

GBP/USD: This is now a new bearish impulsive wave 3, alligator lines wide open, look for shorts.
USD/JPY: Wave 4 but it might be a "c"move turning into a new impulsive wave up. The price has bounced off the green line and is above the alligator, the alligator lines are open, look for longs.
USD/CHF: Bullish wave 3, the price keeps going up. Look for longs.
AUD/USD: Up and down chart. New bearish impulsive wave; alligator lines wide open. Look for shorts.
EUR/JPY: Maybe start of a the bearish wave 5. The price has broken the lower level of the fractal box and drops; the ewave has just crossed the zero line. Look for shorts.
USD/CAD: No clear trend overall,  The price is above the alligator.  Look for longs with prudence.
NZD/USD: Up and down chart but this is a bearish impulsive wave. The alligator lines are wide open. Look for shorts.
XAU/USD: No trend, corrective wave 4 probably but that wave could turn into a bearish impulsive wave. The price is below the alligator. Look for shorts with prudence.

For orientation/direction of trades, click  "Signals" in the menu (From the 7th of May at  9am GMT+1)