Market Analysis of the 6th of January 2020 : 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 beautiful trends for the start of this year.

EUR/USD: The price, this week, has broken the upper level of the fractal box then has pulled back, the alligator lines are open but prudence.
GBP/USD: Bullish trend but the price has pulled back around the alligator (probably the "c" move of the wave 4), patience.
USD/JPY: Bearish wave 4, the price has broken, this week, the lower level of the box and has cleared the 4 levels on the left, it is below the box. The ewave has crossed the zero line, we expect the wave 5 and you can look for shorts.
USD/CHF: Bearish wave 5, the price has broken this week the lower level of the box and has reached a new lowest low, look for shorts.
AUD/USD: The price has broken this week the upper level of the box, it is a new bullish wave 3, look for longs.
EUR/JPY: We expect the bearish wave 5, the price has broken this week the lower level of the box and it is below the box. Look for shorts with prudence as it is maybe still the wave 4.
NZD/USD: Bullish wave 3, the price is above the alligator and the lines are open, look for longs.
USD/CAD: Bearish wave 5, the price has broken this week the lower level of the box and has reached a new lowest low, look for shorts.
XAU/USD: Probably bullish wave 5 after the last week break of the upper level of the box. The price is going up, look for longs.

For orientation/direction of trades, click  "Signals" in the menu (From the 6th of January 2020  at 8.30 am GMT+1)