Market Analysis of the 2nd of March 2020 : 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: Prudence this week as the markets are very spiky

EUR/USD: Huge pullback (probably "a" move of the wave 4), prudence.
GBP/USD: No clear trend but the price has strongly broken the lower level of the fractal box and cleared the other levels, we can look for short with prudence.
USD/JPY: Huge drop of the price this week, we can look for shorts but be aware of an eventual pullback.
USD/CHF: Drop of the price which has broken the lower level of the box and has reached a lower low, the ewave is about to cross the zero line, look for shorts.
AUD/USD: The price keeps dropping, reaching new lower lows, bearish impulsive wave, look for shorts.
EUR/JPY: No trend overall however the price has dropped and has broken the lower level of the box, look for shorts with prudence.
USD/CAD: End of the up and down cycle, the price has broken the upper level of the fractal box and has reached a new higher high, look for longs
NZD/USD: Bearish impulsive wave with a price who is dropping and has reached a new lower low, look for shorts.
XAU/USD: Bullish wave 3 but divergence now and the price is back inside the alligator, patience.

For orientation/direction of trades, click  "Signals" in the menu (From the 2nd of March 2020 from 8.30 am GMT+1)