HAPPY NEW YEAR 2019



Market Analysis of the 7th of January 2019 : 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: Some strong moves to start the year but few lovely trends.



EUR/USD: Globally we are into a bearish trend, sleeping alligator, patience.
GBP/USD: It is a bearish trend, the expected wave 5 did happen with a price who has frankly broken the lower level of the box then has pulled back forming a BDC, we can expect now the end of the move and some correction, patience.
USD/JPY: The price has massively dropped, after the break of the box, new bearish impulsive wave, look for shorts.
USD/CHF: Up and down chart, the price has pulled back just below the alligator, patience.
AUD/USD: We expected the wave 5 who did happen with a nice drop, a new lowest low (this wave becoming a new wave 3 down), but the price has pulled back immediately into the alligator, patience.
EUR/JPY: End of those up and down moves, after the break of the lower level of the box, the price has dropped with a lowest low forming a new bearish impulsive wave, look for shorts.
USD/CAD: End of this bullish wave after a violent "a" corrective move, the price is back inside the alligator, patience.
NZD/USD: Lovely break of the lower level of the box but the price has pulled back quickly to the green line, patience.
XAU/USD: Since the last break of the upper level of the box, the price has moved up nicely following the green line forming a new bullish wave 3, look for longs.

For orientation/direction of trades, click  "Signals" in the menu (From the 7th of January 2019  at 8.30 am GMT+1)