Market Analysis of the 16th of May 2016 : 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 now pullbacks in the charts.
EUR/USD: There is no trend currently, but price is below the alligator and the box, check this pair to go short.
GBP/USD: The price just broke the lower level of the fractal box, we can expect the wave 5 down, look for short.
USD/JPY: The price is back inside the alligator, maybe we are in the wave 4, be patient.
USD/CHF: The price is breaking the upper level of the box, check this pair to go long.
AUD/USD: The price is below the box and the alligator, start of a new wave down, look for short.
EUR/JPY: The price is right below the alligator, maybe still in the wave 5 down, look for short.
USD/CAD: We are now in the wave 4 (probably "a" move), be patient.
NZD/USD: There is no trend currently, but price is below the alligator, check this pair to go short.
XAU/USD: The alligator is closing, maybe end of the wave 5, check this pair to go long above the alligator.
Daily Charts: We have now pullbacks in the charts.
USD/JPY: The price is back inside the alligator, maybe we are in the wave 4, be patient.
USD/CHF: The price is breaking the upper level of the box, check this pair to go long.
AUD/USD: The price is below the box and the alligator, start of a new wave down, look for short.
EUR/JPY: The price is right below the alligator, maybe still in the wave 5 down, look for short.
USD/CAD: We are now in the wave 4 (probably "a" move), be patient.
NZD/USD: There is no trend currently, but price is below the alligator, check this pair to go short.
XAU/USD: The alligator is closing, maybe end of the wave 5, check this pair to go long above the alligator.
For orientation/direction of trades, click "Signals" in the menu (On Monday 16th of May from 8:00 GMT+1)
For orientation/direction of trades, click "Signals" in the menu (On Monday 16th of May from 8:00 GMT+1)
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