Market Analysis of the 11th of May 2020 (Trading opportunities on 9 pairs: D1, H4 & H1)

Market Analysis of the 11th of May 2020 : Opportunities on EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, XAU/USD, EUR/JPY, USD/CAD & NZD/USD D1, H4 & H1

Daily charts: We have just a couple of charts with a clear trend this week, prudence.

Click on the Menu on "Market Analysis" for all the analysis.

EUR/USD: There is no trend but the ewave has crossed the zero line and the price is below the alligator, we can look for shorts but prudence.
GBP/USD: Bearish wave 4, the alligator is sleeping, patience.
USD/JPY: Bearish wave 4, the price has broken the lower level of the box, the alligator is opening, we can look for shorts but with prudence.
USD/CHF: Bearish wave 4, the alligator is sleeping, patience.
AUD/USD: Bearish wave 3 (but also bearish wave 4 of a larger move), the alligator is slightly open. Look for longs with prudence.
EUR/JPY: Bullish wave 3, the price has broken the lower level of the box and then has reached a lower low, look for shorts.
USD/CAD: Bullish wave 4, the alligator is sleeping, patience.
NZD/USD: Bearish wave 4, the alligator is sleeping, patience.
XAU/USD: Wave 3, the price is just above the alligator which it is still open, no divergence, look for longs with prudence.

For orientation/direction of trades, click  "Signals" in the menu (From the 11th of May 2020 from 8.30 am GMT+1)