Market Analysis of the 6th of May 2019 : Opportunities on EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, XAU/USD, EUR/JPY, USD/CAD & NZD/USD D1, H4 & H1
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Daily charts: Still some nice trends this week.
EUR/USD: Bearish trend but the price has pulled back inside the alligator, patience.
GBP/USD: Up and down chart but big push up after the NFP release news, the price has broken the first buy fractal on the left, look for longs.
USD/JPY: Corrective wave, the alligator is sleeping, the Ewave is about to cross the zero line, patience and wait for the sell fractal break.
USD/CHF: Bullish impulsive wave, little pullback but the aligator lines are wide open, look for longs.
AUD/USD: After the last week break, the price is below the alligator, maybe the wave 5 is starting, look for shorts.
EUR/JPY: We are into the wave 4, the price is around the alligator, patience and wait for the break of the lower level of the box.
USD/CAD: The price has pulled back inside the alligator, the Ewave is coming back to the zero line, patience.
NZD/USD: Up and down trend but it is a bearish move now, the price is below the alligator which is open, we can look for shorts.
XAU/USD: This is the wave 4, the price has pulled back around the alligator, patience.
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