Saturday, September 7, 2019

Market Analysis of the 9th of September 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: Most of the pairs have pullback this week.

EUR/USD: We are into a bearish impulsive wave, the price has reached a new "lower low" , then has formed a BDC and has pulled back. The price is still below the alligator so we can look for shorts but with prudence.
GBP/USD: Wave 3, the price has reached a new "lower low", then has formed a BDC and pulled back breaking the upper limit of the fractal box (maybe "a" move of the wave 4; Patience.
USD/JPY
: Bearish impulsive wave but the pullback is more important this week, the price beaking the upper level of the box (maybe "a" move of the wave 4), patience.
USD/CHF: Corrective wave following a five wave cycle, the price is close to the alligator, patience.
AUD/USD: Bearish wave 3, the price has strongly pulled back this week breaking the upper level of the box (probably "c" move of the wave 4), patience or go long with prudence .
EUR/JPY: Long bearish wave 3, the price has dropped and reached a new "lower low" then has formed a BDC and pulled back inside the alligator. Patience.
NZD/USD: Long bearish wave 3, the price has dropped and reached a new "lower low" then has formed a BDC and pulled back inside the alligator. Patience.
USD/CAD: Up and down chart but bearish move this week, the price breaking the lower level of the box and dropping below the bow, look for shorts.
XAU/USD: Wave 3, the price has reached a new "higher high" then pulled back inside the alligator, patience.

For orientation/direction of trades, click  "Signals" in the menu (From the 9th of September 2019  at 8.30 am GMT+1


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