Market Analysis of the 16th of December 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: We have some good trends for this coming week.

EUR/USD: We expect the bearish wave 5, the price has broken the upper level of the fractal box then has pulled back, this is still the bearish wave 4, patience.
GBP/USD: New push of this bullish wave 3 following the UK elections, the price keeps flying. Look for longs.
USD/JPY: The alligator is sleeping, patience.
USD/CHF: We expect the bearish wave 5, the price has broken the lower level of the box, the sell fractals on the left and is now below the box, the lines of the alligator are opening towards the south direction, look for shorts.
AUD/USD: This is still the wave 4 however the price has frankly broken the upper level of the box and the buy fractals on the left. The lines of the alligator are opening, look for longs with prudence.
EUR/JPY: This is now a bullish wave 5 now, the price has frankly broken the upper level of the box, look for longs.
NZD/USD: Bullish wave 3, the price has one more time broken the upper level of the box and keeps going up, look for longs
USD/CAD: Up and down chart, however, cross of the ewave zero line and break of the lower level of the box, the price is below the box, look for shorts.
XAU/USD: Bullish wave 4, the alligator is sleeping, patience.

For orientation/direction of trades, click  "Signals" in the menu (From the 16th of December 2019  at 8.30 am GMT+1)