Market Analysis of the 20th of April 2015 : Opportunities on EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, XAU/USD, EUR/JPY, USD/CAD & NZD/USD D1, H4 & H1

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

Daily charts: No direction for the paires, wave 4 or ewave coming back to the zero line

EUR/USD: It looks like the end of the wave 3 with alligator closing
GBP/USD: It looks like the end of the wave 5 with price now breaking the box and divergence
USD/JPY: No trend following a cycle of 5 waves, sleeping alligator, wait for the break of the box
USD/CHF: Wave 4, sleeping alligator, wait for the break of the box
AUD/USD:  It looks like the end of the wave 5 with price now above the box, possibility to go long
EUR/JPY: This is still wave 3 down but we have a BDC and a divergence, could go long but  prudence
USD/CAD: E move of the abcde corrective wave 4 broke the box and price now below the box, look for short on lower time frames
NZD/USD: Price broke the box north, could go for long
XAU/USD: We are into the wave 4, prudence

For orientation/direction of trades, click  "Signals" in the menu (from Monday 20th of April 8:00 GMT+1)