Market Analysis of the 18th 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: Few interesting charts this week, especially charts which where we expect a wave 5.
Click on the Menu on "Market Analysis" for all the analysis.
Daily charts: Few interesting charts this week, especially charts which where we expect a wave 5.
Click on the Menu on "Market Analysis" for all the analysis.
EUR/USD: Its more a bearish trend with a price below the alligator, we can look for shorts but prudence.
GBP/USD: Bearish wave 4 but the price has broken the lower level of the fractal box and has cleared the 2 levels on the left, there is no immediate level anymore to stop the price to drop, we expect the wave 5, look for shorts.
USD/JPY: Bearish wave 4, the price is inside the alligator, patience.
USD/CHF: Bearish wave 4, the alligator is sleeping, patience.
AUD/USD: Bearish wave 4, the price is inside the alligator, patience.
EUR/JPY: Bearish wave 3, the price is still below the alligator, no divergence, look for shorts.
USD/CAD: Bullish wave 4, the alligator is sleeping, patience.
NZD/USD: Bearish wave 4 but the price has just broken the lower level of the box, we expect the wave 5, look for shorts.
XAU/USD: Wave 3, new push of the price which has reached a new higher high, no divergence, look for longs.
For orientation/direction of trades, click "Signals" in the menu (From the 18th of May 2020 from 8.30 am GMT+1)
GBP/USD: Bearish wave 4 but the price has broken the lower level of the fractal box and has cleared the 2 levels on the left, there is no immediate level anymore to stop the price to drop, we expect the wave 5, look for shorts.
USD/JPY: Bearish wave 4, the price is inside the alligator, patience.
USD/CHF: Bearish wave 4, the alligator is sleeping, patience.
AUD/USD: Bearish wave 4, the price is inside the alligator, patience.
EUR/JPY: Bearish wave 3, the price is still below the alligator, no divergence, look for shorts.
USD/CAD: Bullish wave 4, the alligator is sleeping, patience.
NZD/USD: Bearish wave 4 but the price has just broken the lower level of the box, we expect the wave 5, look for shorts.
XAU/USD: Wave 3, new push of the price which has reached a new higher high, no divergence, look for longs.
For orientation/direction of trades, click "Signals" in the menu (From the 18th of May 2020 from 8.30 am GMT+1)
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