Market Analysis of the 21st of August 2017 : 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: Most of the charts look interesting, it should be some opportunities this week.
EUR/USD: Wave 3 but the ewave is losing stream with the price inside the alligator, look for longs with prudence.
GBP/USD: Cycle of 5 waves has been completed, now the price is below the box so we can look for shorts.
USD/JPY: No trend but as the price is below the alligator we can look for shorts.
USD/CHF: Wave 4 with a sleeping alligator following a wave 3 down, look for shorts below the box but for now, be prudent and check that pair.
AUD/USD: Wave 3 up but with pullback however you can look for longs as the price is above the alligator.
EUR/JPY: Looks like a cycle of 5 waves has been completed, now the price has broken the box so we can look for short below the box.
USD/CAD: Wave 3 down following by a short wave 4 (or "b" move) however as the price is below the box and the ewave is about to cross the zero line, look for shorts.
NZD/USD: Uptrend, we are into the wave 4 so be patient.
XAU/USD: Up and down chart, but the price has just reached the highest high, look for longs.
For orientation/direction of trades, click "Signals" in the menu (On Monday 21st of August 2017 from 08:30 GMT+1)
Daily Charts: Most of the charts look interesting, it should be some opportunities this week.
USD/JPY: No trend but as the price is below the alligator we can look for shorts.
USD/CHF: Wave 4 with a sleeping alligator following a wave 3 down, look for shorts below the box but for now, be prudent and check that pair.
AUD/USD: Wave 3 up but with pullback however you can look for longs as the price is above the alligator.
EUR/JPY: Looks like a cycle of 5 waves has been completed, now the price has broken the box so we can look for short below the box.
USD/CAD: Wave 3 down following by a short wave 4 (or "b" move) however as the price is below the box and the ewave is about to cross the zero line, look for shorts.
NZD/USD: Uptrend, we are into the wave 4 so be patient.
XAU/USD: Up and down chart, but the price has just reached the highest high, look for longs.
For orientation/direction of trades, click "Signals" in the menu (On Monday 21st of August 2017 from 08:30 GMT+1)
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