Saturday, June 6, 2020

Market Analysis of the 8th of June 2020 : Trading Opportunities on D1, H4 & H1

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

Daily charts: Nearly all charts have a beautiful trend.

EUR/USD: After the break of the fractal box, last week, the price flies, look for longs.
GBP/USD: The price has broken the upper level of the box and has cleared the 2 levels on the left, there is nothing to hold the price to move up, start of a new bullish impulsive wave, look for longs.
USD/JPY: The price has broken the upper level of the box and has cleared the 2 levels on the left, there is nothing to hold the price to move up, start of a new bullish impulsive wave, look for longs.
USD/CHF: Bearish wave 4, the price has broken the lower level of the box and cleared the sell fractal on the left before pulling back, the lines of the alligator are starting to open, look for shorts with prudence.
AUD/USD: Bullish wave 3, the price has flied this week, the alligator is wide open, look for longs.
EUR/JPY: New bullish wave 3, the price is flying and has broken a new higher high, look for longs.
USD/CAD: After the break of the lower level of the box, the price has dropped, new bearish wave 3 and look for shorts.
NZD/USD: After breaking the upper level of the box, the price is flying clearing the buy fractals on the left, new bullish wave 3, look for longs.
XAU/USD: Bullish wave 4, no trend, patience.

For orientation/direction of trades, click  "Signals" in the menu (From the 8th of June 2020 from 8.30 am GMT+1)

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