Market Analysis of the 4th 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 a few or no trendy charts this week, prudence.
Click on the Menu on "Market Analysis" for all the analysis.
Daily charts: We have a few or no trendy charts this week, prudence.
Click on the Menu on "Market Analysis" for all the analysis.
EUR/USD: Pullback this week, the price has broken the upper level of the fractal box, the ewave is about to cross the zero line but we remain prudent.
GBP/USD: Bearish wave 4, the price is close to the alligator which has its lines inter-twined, patience.
USD/JPY: Bearish wave 4, the price has broken the lower level of the box and cleared the immediate level on the left, we can look for shorts but with prudence.
USD/CHF: Bearish wave 4, the price has broken the lower level of the box, the ewave is about to cross the zero line, pair to check to go short.
AUD/USD: Bearish wave 4, probably "e" move who can become a new wave 3 in the opposite direction. 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, then, has pulled back a lot to go back inside the alligator, patience.
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 back inside the alligator, patience.
For orientation/direction of trades, click "Signals" in the menu (From the 4th of May 2020 from 8.30 am GMT+1)
GBP/USD: Bearish wave 4, the price is close to the alligator which has its lines inter-twined, patience.
USD/JPY: Bearish wave 4, the price has broken the lower level of the box and cleared the immediate level on the left, we can look for shorts but with prudence.
USD/CHF: Bearish wave 4, the price has broken the lower level of the box, the ewave is about to cross the zero line, pair to check to go short.
AUD/USD: Bearish wave 4, probably "e" move who can become a new wave 3 in the opposite direction. 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, then, has pulled back a lot to go back inside the alligator, patience.
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 back inside the alligator, patience.
For orientation/direction of trades, click "Signals" in the menu (From the 4th of May 2020 from 8.30 am GMT+1)
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